Nifty heading to 18000 first or 12000 first?

10^th February 2021

Nifty heading to 18000 first or 12000 first?

Dear Fellow Travelers,

Namaste! We have just seen a major negative event in the north of India. It was man-made cum natural disaster. We have yet to arrive yet the loss of lives due to that. This is the way of Nature to punish us. We will see many such events in the times to come. So, take care of yourself. Coming back to the market, most are confused with the Next Move of the market. Is Nifty Heading to 18000 first or 12000 first? Let us try to see what is possible?

Can you catch your Shadow?

I came across a beautiful story of a child trying to catch his shadow. A child was playing and he saw his shadow. He decided to catch that shadow. He will run after it / He will jump on it/he will sleep on it/he will sit on it. Whatever he was doing he was not able to catch it. So, he started crying.

A saint was watching this. The saint asked – show me how are you trying? The child showed him all he had done so far. Now, the saint said – catch your own head with two hands and see the Shadow. The child could see that he has caught the shadow with the head. He instantly became happy and started smiling.

The trick to catching the shadow was to catch yourself first in reality – so that you will feel in control of your shadow.

Normal investors and Ego: -

Normal investors operate out of Ego. They are not different than the child trying to catch the shadow. Their happiness is dependent on their ability to control/predict the outside people/events in totality. If they can’t control – they feel unhappy like the above child.

The confusion about market moves also comes from the above mindset. They believe that they should sell the shares exactly at the Top. This is wrong ethically also. Because – subconsciously they are wishing that the person who buys their shares should suffer the losses (as the market will go down after their selling at the TOP). Have you thought about it this way? Believe me – many would not be aware of this subconscious thought process.

How to apply Saint’s Solution to Child for Market Success?

Saint asked the child to catch his head in reality so he could see that he has caught his shadow. The market is nothing but a collective shadow of all the participants. If all try to jump and catch its top or bottom – all will go wrong.

The correct method is to go within and search for your original objective of investments when you started. Say you had an objective of earning money – looking at the prices of your stocks – do you feel that they have gone up as per your expectations or more? Mostly, they have moved up more than anybody's expectations. So, why don’t you sell and enjoy your profit?

One may ask – if I sell and share prices keep on moving up, isn’t it a mistake?

No. If you sell and share prices go up further - the person who bought your shares will get instant happiness that he did the right thing of buying your shares and he will give you a lot of blessings, although sub-consciously. This way you got two things - the profit and the hidden blessings.

You may ask – what about Capital Gain Tax? I will sell them after March so I can adjust gains in the next year.

I was sitting in front of my client in January 2000. We had bought Damania Airways shares for him between Rs.4- Rs.6 and the shares were trading around Rs.36 - Rs.40 in just 9 months. I asked him to sell the shares. At that time Capital Gain Tax was 30%. I was in the market for just 10 years. So, I was a kind of kid.

He was around 75. So, he sarcastically asked me – do you know my child, how much TAX, I will have to pay if I sell Now. He didn’t sell his multi beggar profit-making shares. Around mid-February – 2000, Ketan Parikh Scam broke out and Damania Airways came down to his purchase prices or below. He lost 100%. Had he paid 30%, he would have got 70%.

How come this kind of mistakes keep on happening by big or small investors in all Teji and Mandi?

They are disconnected from the SELF. They don’t know what they really want from life and investments. They are just running after more and more money without having any genuine purpose.

If there are three YARD STICKS to judge the person – Money / Social Acceptance and Personal Happiness – they would pick Money as first. Social Acceptance as Second and Personal Happiness as the last. They believe – as long as they make money and people show appreciation for them on FACEBOOK and Social Gathering – low personal happiness or no personal happiness or late personal happiness is okay.

What is my personal suggestion?

I am a Buffett disciple in words and deeds. Thanks to his blessings – I have solved the above puzzle. I suggest always give importance to personal happiness first. More and more happiness will attract happy people in your life over a period of time. Your social acceptance will move up automatically. Once people start accepting you – money will come automatically. Thanks to my patience – acceptance, and money are coming automatically in my life nowadays.

Another advantage of this strategy is – I am happy from day one. If at all people reject me or money do not come – still I am happy from day one. Ultimately – all want to be happy at the end of their life. So, why not become happy first?

But one may ask how to decide about Personal Happiness?

What makes you happy or unhappy? How to decide that? The simple step is to know yourself. More and more you know yourself – more and more clarity will come in your life about what gives you happiness and what doesn’t give you happiness. Without proper Self Knowledge – this is next to impossible to know.

I am using the ancient sciences of astrology to help my clients to know themselves instantly. When they know their own secrets – they catch themselves with two hands like a Child in the above example. When they catch themselves with two hands – they catch the market (shadow) by default.

If you like our wisdom, you can approach us and take your life to the next levels.  

Wish you all a happy investment.

Follow me on Twitter @hiteshmparikh / WhatsApp – +91-9869425399.

 

Live With Passion…Invest With Passion.

 

Hitesh Parikh