Hi All,

Today we saved our hard earned money from reducing by almost 2%. It could have gone the other way also but when market is overbought .... its overbought... all one need to do is sit back and wait for turn.

what do you say.

Hi All,

On 31st July at around 5740 levels we were bullish, post that nifty showed us levels to the tune of 5350 also and now at near about 6100.

As names of blog suggests markets are going to remain "Dancing"and we should not the actual current, markets due to many factors may behave against current for some time but will be back to current.

Today is 19th September if i take 6100 as today's close it will be 6% jump from just 50 days. That's reward for faith you kept.

In total If i look at from June onwards 13+6=19% growth I've made without taking any significant risk.

Just see this for yourself.

We are now shifting to Short Term Gilt fund. Market may go upto 6300 as well and then fall why to take chance ?

We will sit with our funds in safe place till the time market gives us another bottom fishing opportunity... may happen in a weeks time or may happen after 2 months or 3 months ... 

Hi All,

After my very first post markets have proved that it is always "Dancing" and hence though I've been bullish still on my view it has gone almost 4% down from that day.

This will keep on happening, there are lot of things that affect markets sentiments and hence market may behave differently from our view.

Mantra for success is faith in your view and most importantly one can follow only one strategy if expected result is great return, the moment you deviate it becomes experiment and not strategy.

Let's see the picture below and it shows NIFTY is heavily oversold hence only way to go is UP. which is what happened today.

Till the time NIFTY is not touching overbought status we will remain bullish.

Total no. of  Switch / Transaction would remain few, Last year i did just 11, it can be 4 this year or 20 also.

All we are doing is participating in upswing and stay away from fall as far as possible.

Please share your views  on the same.

Date : 31st July 2013

Dear All,

With this I'm Starting My 1st Blog.

What I'm going to share is something which I'm personally following since last 13 months and got approx 43% return in 1st year itself.

During 3 year tenure in Newswire18 I've interacted with lot of Brokers and their so called "Research Analysts" and found that this division is being created to increase brokerage and not client's wealth.

People like me who used to invest and trade in 2008 are non-participants now which is not right way to deal with as far as personal finance is concerned.

What I've been doing since last 1 year is

--> Investing in Index Fund (Nifty plan) when I feel Nifty is oversold. E.g. Like this today I've shifted to Equity.
Benefits : No Entry Charge, Very little FMC, No Exit Charge If holding over 7 days. Participating in Growth with Moderate Risk

--> Switching to Short Term Gilt Fund when Nifty is Overbought.
Benefits : No Entry Charge, Very little FMC, No Exit Charge If holding over 7 days. Getting FD like returns at the time when Market is going down basically protecting my money.

In Last one year I did around 10 switches (missed 6 opportunities) out of which 1 went wrong and return was 43% (net could be 40% after brokerage etc.)

Same above strategy I'm applying to my ULIP fund, though most of funds are not exactly replicating to NIFTY but this will mostly work to the tune of 80-90%.

Markets were and will remain volatile, What I'm doing is participating in growth, sitting idle when it goes down, again participating in growth.

Biggest benefit of this is I require just 5 min in morning and 5 min in evening to evaluate and there is no stress which I'm carrying, No Risk I'm carrying, No Leverage in F&O nothing. Pure Investing.

Please don't follow this using F&O as NIFTY and NIFTY-Future behaves in different manner.

I'm sharing this to you all so that you can also get benefited.

Nehal Shah