Harshubh Mahesh Shah, founder of Wealth View Analytics.
Nifty may reach the level of 21,982 in the next 2-3 months. Currently, it is at the level of 23500. This means that a further decline of around 1500 points is possible in Nifty. Harshubh Mahesh Shah, founder of Wealth View Analytics, gave this market prediction.
Harshubh had made this prediction on November 10. Since then, Nifty has lost around 500 points. Harshubh Shah has been bearish on the market since it was at the Rs 26,000 level. Since then, he has been advising traders to avoid buying.
his full interview
1. A video went viral on social media, in which someone says that when I buy a stock, it goes down, I sell it then it goes up. This happens to most people, what is the reason?
This happens because of emotions. Suppose I give someone a stock at Rs 100 and that stock rose to Rs 95. Now out of fear he sold itthen the stock reached Rs 150. In such a situation, that person begins to feel that now this share will increase further… she buys it at Rs 150. Usually this happens with people. This happens out of fear of missing out. Because of this mentality, people find themselves trapped.
2. Trading futures and options has become very popular in recent years. So, is there really money to be made in this? What is the minimum capital required for futures and options trading?
If you work in Nifty futures, the margin will be at least Rs 2 lakh. Now the lot size will also increase, so the margin will increase by another Rs 3 lakh. People don’t have a lot of money. Currently, the lot size of Nifty is 25 and the price is around Rs 25,000. This means it has become Rs 5 lakh from next month it will become Rs 15 lakh.
You buy an item worth Rs 15 lakh by paying a margin of Rs 2-3 lakh. People start trading with so much money. They don’t think that if there is a loss, they also have to maintain it. I think if you have as much money as the total margin of the trade, or at least half of it, then you should work on futures.
Those who do not have any money to work in the future have this option. There is more problem with options, they will not sell but only buy. In this area, buying has therefore become a real gamble.
3. If a new investor wants to get into options trading, what should the process be?
The option is the last step in the stock market. First of all, every investor must spend time understanding the stock market. Before you start trading options, you need to understand the structure of the entire market. People start investing money in options trading without understanding anythingit’s a complete game. It is better to go to Goa and invest your money in casinos.
The options are not suitable for everyone. If you want to trade options, understand the 4-5 year market cycle… gain knowledge… then do it. Instead of buying options, you should start by selling options.
4. New SEBI rules are going to be implemented batch sizes will also increase. What change do you think this will bring to the market? Will retail investors avoid this?
This will cause problems for people working on multiple batches. Previously the lot of Nifty was 25, now it will be 75. Suppose someone buys 2 lots of Nifty… which is a quantity of 50. So what many people did was that when the Objective 1 was achieved, they sold one batch, i.e. 25 quantities, then traced the profits for the second batch.
As the batch size increases, it will face the challenge of purchasing a larger quantity. 80% of people only work on several batches. Now, if the margin increases, these people will gradually disappear from the market. Only professionals will remain in the F&O market.
But one thing is that you cannot exclude everyone from the stock market. Whoever wants to trade will do so. People who have less money will try to find it elsewhere. This will cause them even more harm. I don’t think SEBI’s new rules will make much difference. You cannot remove the game from the exchange. The person who does this is addicted. They will do this because of their addiction and cause even more harm.
5. Very few people in our country know about financial astrology and do not even completely believe in it, so what is it? How accurate is it?
Financial astrology means the study of the planets. Our days, Monday, Tuesday, Wednesday, Thursday… these are also in the name of the planet. Those who do not believe it, our Vedic science proves it. Every day has meaning.
As Nifty moves according to Jupiter. Bank Nifty is driven by Venus. Whenever the Jupiter Hora begins, there is momentum in Nifty. When Saturn reaches zero degrees, the market definitely falls. Like it happened around February 28th… I also made a video showing the market was going to crash, the market crashed the same day.
So it’s important that people have knowledge somewhere, it’s not about accuracy, it’s about impact…there’s definitely impact. Then you can mix it in technical, fundamental you can increase the precision by mixing whatever you want.
Harshubh Shah is an engineering dropout. He then learned stock trading. To increase its accuracy, it also uses Astro as well as technology.
Technically speaking, emotion is God…I’m talking…time is powerful.
Financial astrology tells you the date. What does the technicality say? Bhava is God. I speak according to astrology. Time is powerful. You don’t know the time. Like every time Amavasya arrives, the market is dynamic. Amavasya was now on Diwali and the next day the market took a huge plunge.
This happened because the moon has a relationship with Amavasya. When the moon sitting above can move the ocean waves up and down, then our body is also made of water. Our inner emotions are also controlled. The Moon therefore controls our emotions which impact our stock market decisions. Therefore, the momentum is more at the time of Amavasya.
If people understand these things, their accuracy in the stock market can increase. We do not claim that the accuracy is 90% or 80%. We say we can know the time. I know that when the new moon arrives in December, the momentum will come. There is a reason behind everything.
6. How can we predict the top and bottom of the market using Astro data?
With Estology, you can easily predict the top and bottom of the market. If you follow our Instagram, everything we say happens. It’s a science. I also shared a strategy. When the Moon and Mars reach zero degrees, the market reverses. This means that if the market is going up, it goes down and if it is going down, it reverses and goes up.
Let me give you an example: there was an election on June 3rd…the market opened very high…everyone thought it would go even higher. On that day, the Moon and Mars were at zero degrees. The market fell from the top and went down. The same thing happened in the Trump era as well.
There are many other combinations of planets that tell you the date in advance. Makes you think time is powerful. Before, when technology didn’t exist, people only took care of the fundamentals… When technology arrived, people said it was good. I say in 5 years people will say astrology is fun. You have to continue to learn new things.
From left, Ashish Chauhan, Managing Director of National Stock Exchange and Harshubh Shah, Director of SEBI registered company Wealth View Analytics.
7. What is the direction of Nifty in the short to medium term and how high can it go?
In two to three months, Nifty will touch the level of 21,982. Maybe the momentum will pick up a bit, but the decline is inevitable. No matter how high the popcorn flies, it will inevitably fall to the ground. There is a possibility that Nifty will rise, but there is a possibility of reaching this level.
So Nifty will still lose 2,000 to 2,500 points. That’s my target. However, after five to six months of difficulty, the market trend is positive. Now there will be a good investment opportunity.
8. Which of your products will arrive in the coming days?
Currently our only product is Impulse View, in which we explain how to work position in Bank Nifty. The second product we are going to launch is Impulse Wealth. In this we will give stock ideas. We will launch it when the market decline stops. We also plan to launch a portfolio management service. This will take approximately 6 months.
What are futures and options?
Futures and options (F&O) contracts are a type of financial instruments that allow an investor to take large positions in stocks, commodities and currencies with less capital. Futures and options are a type of derivative contract with a fixed duration.
During this period, their prices change depending on the stock price. Futures and options on each stock are available in one lot size.
NSE has increased lot size in F&O trading by 3 times: 93% of people are making losses in this area; B-Tech student lost ₹46 lakh
It is around June 2024. Roshan Aggarwal is a CA based in Assam. A third year B-Tech student came to him to file his income tax return. It had suffered a loss of Rs 26 lakh in futures and options (F&O) trading in 2023-24, but had no source of income. Just a year ago, this student had suffered a loss of Rs 20 lakh. …
Disclaimer: The opinions expressed in this interview come from Wealth View Analytics, not Indianewsget. We advise investors to consult certified experts before making any investment decisions.