INTRODUCING INDIAN CULTURE

 

                                         SHORT NOTE ON INDIAN CULTURE

                  CULTURE CONSISTS OF DEVELOP INDERSTANDINGS OF LITERATURE, MUSIC, AND VARIOUS ARE FORMS. TYPE OF CIVILIZATION AND THE WAYS OF LIVING HELP TO MAKE UP A CULTURE. THE TERM CULTURE REFERS TO A STATE OF INTELLECTUAL DEVELOPMENT OR MANNERS. THE SOCIAL AS CULTURE. INDIAN CULTURE IS RICH AND DIVERSE AND AS A RESULT UNIQUE IN ITS VERY OWN WAY. OUR MANNERS, WAY OF COMMUNICATING WITH ONE ANOTHER, ETC., ARE ONE OF THE IMPORTANT COMPONENTS OF OUR CULTURE. EVEN THOUGH WE HAVE ACCEPTED MODERN MEANS OF LIVING, IMPROVED OUR LIFESTYLE, OUR VALUES AND BELIEFS STILL REMAIN UNCHANGED. A PERSON CAN CHANGE HIS WAY OF CLOTHING, WAY OF EATING AND LIVING BUT THE RICH VALUES IN A PERSON ALWAYS REMAINS UNCHANGED BECAUSE THEY ARE DEEPLY ROOTED WITHIN OUR HEARTS, MIND, BODY, AND SOUL WHICH WE RECEIVE FROM OUR CULTURE.

              INDIAN CULTURE TREATS GUESTS AS GOD AND SERVES THEM AND TAKES CARE OF THEM AS IF THEY ARE A PART AND PARCEL OF THE FAMILY ITSELF. EVEN THOUGH WE DON'T HAVE ANYTHING TO EAT, THE GUESTS ARE NEVER LEFT HUNGRY AND ARE ALWAYS LOOKED AFTER BY THE MEMBERS OF THE FAMILY. ELDERS ARE THE DRIVING FORCE FOR ANY FAMILY AND HENCE THE LOVE AND RESPECT FOR ELDERS COMES FROM WITHIN AND IT NOT ARTIFICIAL. AN INDIVIDUAL TAKES BLESSINGS FROM HIS ELDERS BY TOUCHING THEIR FEET. ELDERS DRILL AND PASS ON THE INDIAN CULTURE WITHIN US WE GROW.

               "RESPECT ONE ANOTHER" IS ANOTHER LESSON THAT IS TAUGHT FROM THE BOOKS OF INDIAN CULTURE. ALL PEOPLE ARE A LIKE AND RESPECTING ONE ANOTHER IS ONES DUTY. IN FOREIGN COUNTRIES THE RELATION BETWEEN THE BOSS AND THE EMPLOYEE IS LIKE A MASTER THE SLAVE AND IS PURELY MONETARY WHEREAS IN INDIAN CULTURE THE RELATION BETWEEN THE BOSS AND THE EMPLOYEES IS MORE LIKE HOMELY RELATIONS UNLIKE FOREIGN COUNTRIES. HELPFUL NATURE IS ANOTHER STRIKING FEATURE IN OUR INDIAN CULTURE. RIGHT FROM OUR EARLY DAYS OF CHILDHOOD WE ARE TAUGHT TO HELP ONE ANOTHER IN NEED OF HELP AND DISTRESS. IF NOT MONETARY THEN AT LEAST IN KIND OR NON-MONETARY WAYS. INDIAN CULTURE TELLS US TO MULTIPLY AND DISTRIBUTE JOY AND HAPPINESS AND SHARE SADNESS AND PAIN. IT TELLS US THAT BY ALL THIS WE CAN DO DEVELOP CO-OPERATION AND BETTER LIVING AMONGST OURSELVES AND SUBSEQUENTLY MAKE THIS WORLD A BETTER PLACE TO LIVE IN. EVEN THOUGH INDIA IS A COUNTRYOF VARIOUS RELIGIONS AND CASTE OUR CULTURE TELLS UR JUST ONE THING "PHIR BHI DIL HAI HIDUSTANI".

                    THE MAIN FACTORS WHICH INFLUENCE CULTURE

 

            CULTURE IS DETERMINED AND SHAPED HISTORICALLY AND SOCIALLY, IT, IN ITS TUNE, INFLUENCES THE SOCIAL, ECONOMIC AND POLITICAL DEVELOPMENT OF PEOPLE OR NATION.    

                          CULTURE, SOCIETY AND HISTORY : TO BEGIN WITH, CULTURAL IS THE LIFE AND MIND OF A SOCIETY AT ANY GIVEN TIME IN HISTORY. THE CULTURE OF A PARTICULAR SOCIETY OR AGE CANNOT BE SEPERATED FROM ITS HISTORICAL CONTEXT. THE CONTINUITY, CHANGE OR TRANSFORMATION IN CULTURAL TRADITIONS IS INFLUENCED BY THE SOCIAL. ECONOMIC, AND POLITICAL DEVELOPMENT AT ANY GIVEN TIME AND VICE VERSA.

              TO GIVE A FEW EXAMPLE, THE GROWTH AND CHANGES IN AGRICULTURAL PRODUCTION ARE INSEPARABLY LINKED WITH THE EMERGENCE, DEVELOPMENT AND CHANGES WITHIN THE VEDIC CIVILIZATION IN INDIA. THE VEDIC CIVILIZATION WHICH GAVE BIRTH TO THE VARNASHRAM AND THE CASTE SYSTEM HAS, TURN, EXERTED GREAT INFLUENCE OF INDIAN CULTURE. THE CASTE SYSTEM - AN INESCAPABLE ASPECT OF OUR SOCIETY THROUGH HISTORY, HAS ASSUMED CHANGES, MODIFICATIONS AND FLEXIBILITY TO SUIT THE CHANGING NEEDS OF THE VARIOUS RULING GROUPS IN INDIA. THE EARLY DRAVIDAN CIVILIZATION HAS BEEN AN IMPORTANT INFLUENCE BECAUSE OF ITS CULTURAL SIGNIFICANCE IN A SPECIFIC HISTORICAL AND SOCIAL CONTEXT. THE FLOWERING OF ART AND LITERATURE AS WELL AS THE BUDDHIST MONUMENTS OF THE MAURYA AND GUPTA PERIOD WOULD NOT HAVE BEEN POSSIBLE WITHOUT THE PROSPERITY AND INCREASE IN COMMERCE DURING THAT PERIOD. THE SAME CAN BE SAID FOR THE CHOLA TEMPLES OR THE VIJAYNAGAR STRUCTURES.

              THE BHAKTI MOVEMENT HAS AS ITS BASIS THE GROWTH OF TRADE AND COMMERCE AND THE CONSEQUENT GROWTH OF TOWNS IN THE 14 THE AND 15TH  CENTUIES, WHICH MOTIVATED A QUESTIONING OF THE CASTE RESTRICTIONS IN CERTAIN OCCUPATIONS IN THE NAME OF RELIGION. THE PREACHINGS OF BHAKTI SAINTS IN THE PEOPLE'S LANGUAGE AND THEIR COMPILATION MADE POSSIBLE THE GROWTH OF BRAJ, AWADHI, RAJASTHANI, GUJARATI, MARATHI, PUNJABI, KASHMIRI AND OTHER REGIONAL LITERATURES. THE ENOMOUS EXPENDITURE INVOLVED IN THE MAGNIFICENT ARCHITECTURE OF THE MUGHALS WAS POSSIBLE ONLY BECAUSE OF THE SIGNIFICANTLY INCREASED STATE SHARE IN THE SURPLUS PRODUCTION DURING MUGHAL RULE. DEVELOPMENT OF NEW MUSICAL FORMS AND THEIR POPULAZATION OF THE COURTS, TRANSLATION OF IMPORTANT TEXTS OF THE WORLD, AS WELL AS GROWTH OF NEW TECHNIQUES IN PRODUCTION WERE IMMENSELY HELPED BY THE COURT PATRONAGE GENERATED BY THIS INCREASED SURPLUS. THE CONCEPTS OF EQUALITY AS PART OF ANTIP-CASTE AND PEASANT ECONOMIC STRUGGLES, THE MOVEMENT FOR WOMEN'S EDUCATION AND EMANCIPATION, A SCIENTIFIC TEMPER, SECULARISM, A DEMOCRATIC CULTURE AND THE CULTURE OF DEMOCRACY TOOK SHAPE IN THE CONTEXT OF MODERNITY THAT CAME WITH THE DEVELOPMENT OF CAPITALISM IN INDIA, AS A RESULT OF THE IMPACT OF BRITISH CONQUEST.

                                       POLITICAL STRUCTURES AND THEIR 

                                                      IMPACT ON CULTURE

           POLITICAL STRUCTURES HAVE ALSO HAD AN IMPACT ON OUR CULTURE THROUGHOUT ITS HISTORY. FOR EXAMPLE, THE PERIODS OF POLITICAL DECENTRALIZATION OF THE GUPTA EMPIRE AND LATER, THE MUGHAL EMPIRE, RESULTED IN THE GROWTH OF REGIONAL CULTURES. SIMILARLY THE PERIODS OF CENTRALIZATION, SUCH AS THE MUGHAL AND THE MODERN PERIODS, HELPED IN THE DEVELOPMENT OF A COMPOSITE, SYNCRETIC TRADITION THAT HAS THE SEMBLANCE OF A NATIONAL CULTURE. THE RELIGION PROFESSED BY A RULER CAN INSPIRE THE DEVELOPMENT OF ART FORMS BEARING THOSE RELIGIOUS EXPRESSIONS. IT DOES NOT, HOWEVER, MEAN THAT OTHER FORMS WERE SUPPRESSED. SIMILARLY A MORE LIBERAL, DEMOCRATIC AND SECULAR RULE MAY WITNESS THE GROWTH OF NON-RELIGIOUS ARE FORMS AS SEEN IN MODERN AND CONTEMPORARY INDIA. AN OPPRESSIVE RULE CAN ALSO STIMULATE CULTURAL EXPRESSIONS OF PROTEST AS SEEN DURING HE COLONIAL RULE.

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SADHANA STEPS (GAYATRI MANTRA)

 

                                                    SADHANA STEP 9

                               CHANT THE HYMN OF AUSPICIOUSNESS (SVASTIVACHAM)

                    A CHANT TO INVITE AND INVOKE THE VEDIC ENERGIES AROUND YOU IS DONE AT THIS STAGE. IT IS USUALLY DONE BY CHANTING A SPECIFIC HYMN CALLED SVASTIVACHANA. YOU CAN EITHER CHANT THE SVASTIVACHANA OR JUST THE FOLLOWING VERSES TAKEN FROM THE RIGVEDA. 

                  

                                  OM BHADRAM KARNEBHIH SRNUYAMA DEVAH

                                  BHADRAM PASYEMAKSABHIRYA JATRAH

                                  STHIRAIRANGAISUSTUVAGAM SASTANUBHIH

                                  VYASEMA DEVAHITAM YADAYUH

                                   SVASTI NA INDRO VRDDHASRAVAH 

                                   SVASTI NAH PUSA VISVAVEDAH

                                   SVASTI NASTAKSARYO ARISTANEMIH

                                   SVASTI NO BRUHASPATIRDADHATU

                                   OM SANTHI SANTHI SANTIH      

                                                             TRASLATION

       

                MAY WE ONLY HEAR AUSPICIOUS SOUNDS WITH OUR EARS AND MAY ONLY SEE DIVINE THINGS WITH OUR EYES. MAY WE LEAD A STABLE LIFE OF HEALTH AND PROSPERITY WITH GRATITUDE THROUGHOUT THE LIFESPAN GRANTED TO US. MAY INDRA OF GREA RENOWN PROTECT US. MAY THE OMNICIENT PROTECT US. MAY LORD GARUDA DESTROY ALL HARM AND NEGATIVITY. MAY BRIHASPATI PROTECT US.

                           10. MEDITATE ON YOUR GURU ( GURU DHYANA )

                     NOW THAT YOU HAVE PURIFIED YOURSELF AND THE ENVIRONMENT AROUND YOU BY INVOKING VARIOUS ENERGIES, IT IS TIME TO MEDITATE ON YOUR GURU. CALL UPON YOUR GURU BY OFFERING A FLOWER IF YOU HAVE YOUR GURU'S PICTURE OR YOU CAN SIMPLY VISUALIZE YOUR GURU'S FORM AND CHANT THE FOLLOWING MANTRA WITH REVERENCE :

                            GURURBRAMA GURUVISNURGURURDEVO MAHESVARAH

                            GURUREVA PARAM BRAHMA TASTAI SRIGURUVE NAMAH

                        

                                                      TRANSLATION

                      GURU IS BRAHMA, GURU IS VISHNU, GURU IS SHIVA HIMSELF, GURU IS VERILY PARA-BRAHMA (SUPREME SOUL). HUMBLE OBEISANCE AND SALUTATIONS TO MY GURU.

                            11. CHANT THE GURU MANTRA ( GURU MANTRA JAPA )

                  NOW YOU SHOULD CHANT YOUR GURU MANTRA 11, 21, OR 108 TIMES DEPENDING ON EITHER THE ROUTINE GIVEN TO YOU BY YOUR GURU OR YOUR OWN USUAL ROUTINE.

 

                                       12. OBEISANCE TO ALL SIDDHAS

                 OFFER YOUR RESPECTS AND GRATITUDE TO ALL THE SIDDHAS, SAGES, SEERS AND GURUS OF THE PAST. GENERALLY, THIS MANTRA CAN DIFFER FROM TRADITION TO TRADITION BUT IF YOUR GURU IS NOT A MANTRA ADEPT (THEREFORE NOT KNOWING THIS MANTRA ) OR HASN'T INTIATED YOU INTO THIS MANTRA, SIMPLY CHANT THE FOLLOWING : 

 

                     SANSKRIT                                          TRANSLATION

              OM DIVYAUGHA NAMAH           MY OBEISANCE TO ALL THE SIDDHAS OF 

                                                                            DIVINE BODIES.

             OM SIDDHAUGHA NAMAH         MY OBEISANCE TO ALL THE SIDDHAS OF THE                                                                                PAST WHO ARE NO MORE IN THEIR PHYSICAL                                                                                BODIES.

             OM MANAVAUGHA NAMAH       MY OBEISANCE TO ALL THE SIDDHAS WHO ARE                                                                            EITHER STILL IN A HUMAN BODY OR CAN                                                                                        ASSUME ONE.

                       13. MEDITATING ON YOUR DEITY (ISHTA DHYANA)

                 OM BALAM VIDYAM TU GAYATRIM LOHITAM CATURANANAM

                 RAKTAMBARADVAYOPETAMAKSA SUTRAKARAM TATHA 

                 KAMANDALUDHARAM DEVI HAMSAVAHANASAMSTHITAM

                 BRAHMANI BRAHMADAIVATYAM BRAHMALOKANIVASINIM

                                                        TRANSLATION

                THE YOUTHFUL, GLORIOUS AND BEATIFUL DEVI IS AN EMBODIMENT OF THE HIGHEST WISDOM. SHE IS OF RED COLOR AND HAS FOUR FACES. SHE HOLDS RUDRAKSHA BEADS IN ONE HAND AND A WATER POT IN THE OTHER. MOUNTED ON A SWAN, SHE'S LIKE SARASWATI. SHE RESIDES AND ABIDES IN THE ABSOLUTE BRAHMAN AND IS A CONSORT OF BRAHMA.

                                 14. CHANT THE PRELIMINARY MANTRA

                                             ( ISHTA MANTRA JAPA )

                              15. PRAY TO MOTHER EARTH (PRITHVI PUJA)

                   DRAW A TRIANGLE ON THE FLOOR, RIGHT IN FRONT OF YOU WITH WATER. IT'S A SYMBOLIC TRIANGLE. IF YOU ARE TRYING TO INVOKE A MASCULINE MANTRA, THE TRIANGLE SHOULD POINT UPWARDS (TOWARDS THE DEITY) AND IF YOU ARE INVOKING A FEMININE MANTRA, THE TRIANGLE SHOULD POINT DOWNWARDS. PUT A DOT WITH WATER RIGHT IN THE MIDDLE OF THE TRIANGLE AND PUT A FLOWER IN THE MIDDLE (ON TOP OF THE DOT) AND SAY THE FOLLOWING MANTRA :

                       HRIM ADHARASAKTAYE NAMAH     -      MY OBEISANCE TO THE                                                                                                                          PRIMORDIAL ENERGY THAT IS                                                                                                              SUSTAINING THE ENTIRE                                                                                                                        CREATION.

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GAYATRI MANTRA

 

                                  THE SPECIFIES OF GAYATRI SADHANA

                                             HOW LONG DOES IT TAKE?

                     THERE ARE MANY WAYS TO ACCUMULATE THE ENERGY OF THE GAYATRI MANTRA IN YOUR CONSCIOUSNESS. HOW LONG IT TAKES FOR YOU TO COMPLETE THE SADHANA DEPENDS ON WHAT KIND OF PURUSHCHARANA YOU UNDERTAKE. AT THE END OF THE DAY, THE IDEA IS QUITE SIMPLE, THE MORE YOU GATHER, THE MORE YOU HAVE AVAILABLE FOR USE AT A LATER DATE. HOWEVER, NOT EVERYONE HAS THE TIME OR INCLINATION TO UNDERTAKE A LONG PURUSHCHARANA. IRRESPECTIVE OF HOW LITTLE OR MUCH YOU DO, THE IMPORTANT THING TO BEAR IN MIND IS THAT THE QUANTITY OF JAPA SHOULD BE THE SAME EVERY DAY THROUGHOUT YOUR PURUSHCHARANA.

                            LAGHU PURUSHCHARANA (MINI INVOCATION)

                                                                      3-9 DAYS

              MINI INVOCATION IS DONE OVER  A MINUMUM PERIOD OF THREE DAYS TO A MAXIMUM OF NINE. MANY PEOPLE DO IT FOR NINE DAYS DURING THE NAVARATRAS, FOR EXAMPLE, WHEN UNDERTAKING LAGHU PURUSHCHARANA, YOU ARE REQUIRED TO DO A MINIMUM CHANTING OF 1000 EVERY DAY. THE MORE THE BETTER, AS LONG AS YOU MAINTAIN THE SAME QUANTITY EVERY DAY. DOING IT DURING THE NAVARATRAS IN PARTICULARLY AUSPICIOUS AND YOU CAN CONSULT PANCHANGAM ONLINE OR ASK ANY VEDIC SCHOLAR ABOUT THE DATES OF THE NAVARATRAS THAT CHANGE EVERY YEAR. 

                SADHARANA PURUSHCHARANA (STANDARD INVOCATION)

                                                                    40-120 DAYS 

                  THIS IS THE ORDINARY KIND OF PURUSHCHARANA. THAT'S NOT TO SAY THAT IT DOESN'T HAVE AN IMPACT - IT DOES. MORE THAN THE FIRST ONE AND LESS THAN THE NEXT ONE. IT IS CALLED ORDINARY OR STANDARD PURUSHCHARANA BECAUSE THIS IS THE BARE MINIMUM YOU NEED TO DO BEFORE YOU CAN START ACCUMULATING THE ENERGY OF THE GAYATRI MANTRA. IN THE STANDARD INVOCATION, YOU CHANT THE MANTRA A MINIMUM OF 100,000 TIMES. IDEALLY, THIS SHOULD BE DONE OVER A PERIOD OF 40 DAYS, WHICH MEANS YOU COULD CHANT APPROXIMATELY 2500 TIMES EVERY DAY FOR 40 DAYS. IF YOU ARE NOT DOING YAJNA OR THE OTHER POST-JAPA RITUALS, THEN IT IS RECOMMENDED TO CHANT 3000 TIMES EVERY DAY FOR 40 DAYS. IT IS ALSO PERMISSIBLE TO DO THIS OVER 60, 90 OR120 DAYS DEPENDING ON HOW MUCH TIME YOU ARE ABLE TO DEVOTE ON A DAILY BASIS.

               I WOULD LIKE TO REMIND YOU THAT THE VOW TO DO A PURUSHCHARANA IS TAKEN BEFORE YOU BEGIN ONE. THEREFORE, YOU MAINTAIN THE SAME QUANTITY EVERY DAY. IF YOU DECIDE TO DO A 60 - DAY PURUSHCHARANA AND CHANT 2000 TIMES ON THE FIRST DAY, THAT CONSISTENCY THEN MUST BE MAINTAINED FOR THE REMAINING 59 DAYS. YOU CAN'T CHANGE YOUR 60- DAYS PURUSHCHARANA TO A 120- DAY OR A 40- DAY ONE ONCE YOU'VE BEGUN IT.

                                          ASADHARANA PURUSHCHARANNA 

                                           (EXTRAORDINARY INVOCATION)

                                                                      18 - 24 MONTHS

                     VERY FEW PEOPLE UNDERTAKE THIS KIND OF PURUSHCHARANA. IN FACT, OVER THE LAST THREE DECADES, I'VE MET ONLY THREE PEOPLE WHO HAVE DONE THIS KIND. IT INVOLVES CHANTING THE GAYATRI MANTRA 2,400,000 (24 LACS) TIMES OVER A PERIOD OF 18 OR 24 MONTHS.

                  THE JAPA IS PEGGED AT 24 LACS BECAUSE THE GAYATRI MANTRA HAS WHAT WE CALL 24 VARNAS. THOSE ARE: TAT, SA, VI, TUR, VA, RE, NA, YAM, BHAR, GO, DE, VA, SYA, DHI, MA, HI, YO,YO, NA, PRA, CHO, DA AND YAT. MANTRA, YOU HAVE TO CHANT AS MANY LACS OF TIMES AS THERE ARE VARNAS IN A MANTRA - NOT LETTERS, BUT VARNAS, WHICH ROUGHLY EQUATE TO SYLLABLES.

                              MAHA PURUSHCHARANA (GRAND INVOCATION)

                                                                   24 - 32 MONTHS

                       THIS IS THE ULTIMATE FORM OF PURUSHCHARANA AND I'VE ONLY KNOWN ONE PERSON WHO DID THIS 19 TIMES IN HIS LIFE. SHRIRAM SHARMA OF SHANTI KUNJ, HARIDWAR, WAS SAID TO HAVE DONE GAYATRI MAHA PURUSHCHARANA MULTIPLE TIMES. THE STORY I WROTE IN THE CHAPTER "THE POWER OF GAYATRI MANTRA" WAS OF A DIRECT DISCIPLE OF SHRIRAM SHARMA.

                 IN MAHA PURUSHCHARANA, THE GAYATRI MANTRA IS CHANTED 32 LACS OR 3,200,000 TIMES BECAUSE WHEN WE ADD OM-BHUR-BHUVA-SVAHA TO THE ORIGINAL GAYATRI MANTRA FOUN IN THE RIG VEDA , THE COMPLETE MANTRA HAS 24 VARNAS. THEY ARE 24 AS EXPLAINED EARLIER PLUS A, U, M (FOR OM ), BHU, BHU, VA, SVA AND HA.

              THE MAXIMUM PERIOD ALLOWED TO DO A MAHA PURUSHCHARANA IS 32 MONTHS. THERE IS NO RELAXATION OF RULES FOR THE LONGER PURUSHCHARANA. THE SAME PRINCIPLES OF DIET, ABSTINENCE AND CONDUCT APPLY TO ALL FOUR TYPES. I MUST REMIND YOU HERE THAT JUST RECKLESS OR MINDLESS CHANTING HAS NO PLACE OR REPECT IN MANTRA YOGA. YOUR CHANTING MUST BE DONE WITH DEVOTION AND MINDFULNESS. I CANNOT STRESS THIS POINT ENOUGH. WHEN YOU SIT DOWN TO CHANT, DO SO PATIENTLY AND MINDFULLY, LISTENING TO YOUR OWN VOICE, EVERY WORD, EVERY LETTER OF YOUR MANTRA. IT WILL GET TRING AT TIMES, BUT KEEP GOING IF YOU CARE TO GO TILL THE END.

             THE ONE WHO DOES 32 LAKHS OF JAPA OF THE GAYATRI MANTRA IS BOUND TO HAVE THE GRACE OF DEVI IN IMMEASURABLE, INEXPLICABLE WAYS. NEW DIMENSIONS OF CONSCIOUSNESS, NEW WAYS OF THINKING AND NEW AREAS OF KNOWLEDGE AND WISDOM OPENS UP TO ANYONE WHO DOES THIS PURUSHCHARANA, AND IF YOU DO SO WITH DEVOTION, YOU WILL ALSO ATTAIN WHAT WE CALL VAK SIDDHI. VAK SIDDHI MEANS WHEN YOU SAY SOMETHING FROM YOUR HEART, IT BECOMES THE TRUTH, INDEED, EVERYTHING YOU SAY FROM YOUR HEART BECOMES THE TRUTH. THAT'S HOW OUR SAGES ACHIEVED AN EXALTED STATE IN THEIR OWN LIFETIMES.

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GAYATRI MANTRA STEP FROM THIRTY-THREE

 

                                                   STEP THIRTY-THREE

                                                                            👀👀

                   AT THIS POINT COMES MARJANAM OR ABISHEKAM, WHICH IS LIKE A CORONATION. THE IDEA IS THAT NOW THAT YOU HAVE PERFORMED THE MANTRA AND THE ASSOCIATED CEREMONIES, WHEN YOU WALK OUT INOT THE REAL WORLD, YOU DON'T WANT TO OPERATE LIKE A NORMAL HUMAN BEING - YOU WANT TO BE DIVINE, YOU WANT TO BE LIKE YOUR OBJECT OF WORSHIP. CORONATION OR MARJANAM IS DONE IN THE BELIEF THAT YOU ARE A DEVOTA NOW. YOU HAVE DONE NYASA EARLIER, YOU HAVE PLACED THE LETTERS, YOU HAVE DONE NYASA EARLIER, YOU HAVE PLACED THE LETTERS, YOU HAVE DONE THE MUDRAS, YOU HAVE DONE THE CHANTING, YOU HAVE INVOKED THE ENERGY, YOU ARE IN DEVI BHAVA - YOU HAVE REQUESTED THE ENERGY, YOU ARE IN DEVI BHAVA - YOU HAVE REQUESTED THE ENERGY TO STAY INSIDE YOU, AND NOW YOU ARE THAT ENERGY.

                 WITH THAT FEELING, YOU DO MARJANAM, WHICH IS USUALLY ONE-TENTH OF LIBERATIONS. SO IF YOU HAVE DONE 1000 JAPA, YOU WOULD DO 100 FIRE OFFERINGS, TARPAN WOULD BE DONE 10 TIMES, AND MARJANAM ONLY ONCE. ALTERNATIVELY, YOU COULD BASE YOUR SADHANA ON TIME, AS I DID. I WOULD SIT DOWN FOR TEN HOURS FOR JAPA, I WOULD DO YAJNA FOR ONE HOUR, TARPAN FOR SIX MINUTES - AND THEN ANOTHER THREE MINUTES OR SO OF MARJANAM, RATHER THAN ONE-TENTH OF SIX MINUTES, WHICH WOULD RUN INTO MERE SECONDS. NOTE THAT THE JAPA HAS TO BE THE SAME FACTOR EVERY DAY, BUT THE LAST COUNT, FOR MARJANAM, CAN BE IN ROUND FIGURES.

               BE MINDFUL THAT THE WATER FOR TARPAN CANNOT BE USED FOR MARJANAM. IT WOULD BE LIKE REUSING SOMEBODY'S OLD BATHWATER. THAT'S NOT A NICE IMAGE BUT IT'S SOMETHING LIKE THAT.

              TO DO MARJANAM, HAVE SOME WATER IN A LITTLE POT, JOIN YOUR RING FINGER WITH YOUR THUMB, DIP IT IN THE POT AND THEN SPRINKLE IT OVER YOUR HEAD WITH THE STILL-JOINED RING FINGER AND THUMB, ADD "OM MARJAYAMI" AT THE END. SO, IT BECOMES:

 

TO BECOME RICH IS YOUR RIGHTS

 

                                                         BECOME RICH

                IT IS YOUR RIGHT TO BE RICH. YOU ARE HERE TO LEAD THE ABUNDANT LIFE AND BE HAPPY, RADIANT, AND FREE. YOU SHOULD, THEREFORE, HAVE ALL THE MONEY YOU NEED TO LEAD A FULL, HAPPY, AND PROSPEROUS LIFE. YOU ARE HERE TO GROW, EXPAND, AND UNFOLD SPIRITUALLY, MENTALLY, AND MATERIALLY. YOU HAVE THE INALIANABLE RIGHT TO FULLY DEVELOP AND EXPRESS YOURSELF ALONG ALL LINES. YOU SHOULD SURROUND YOURSELF WITH BEAUTY AND LUXURY.

           WHY BE SATISFIED WITH JUST ENOUGH TO GO AROUND WHEN YOU CAN ENJOY THE RICHES OF YOUR SUBCONSCIOUS MIND? IN THIS CHAPTER, YOU CAN LEARN TO MAKE FRIENDS WITH MONEY, AND YOU SHOULD ALWAYS HAVE A SURPLUS. YOUR DESIRE TO BE RICH IS A DESIRE FOR A FULLER, HAPPIER, MORE WONDERFUL LIFE. IT IS A COSMIC URGE. IT IS NOT ONLY GOOD, BUT ALSO VERY GOOD.

                                                 MONEY IS A SYMBOL

                   MONEY IS A SYMBOL OF EXCHANGE. IT MEANS TO YOU NOT ONLY FREEDOM FROM WANT, BUT BEAUTY, LUXURY, ABUNDANCE, AND REFINEMENT. IT IS MERELY A SYMBOL OF THE ECONOMIC HEALTH OF THE NATION. WHEN YOUR BLOOD IS CIRCULATING FREELY IN YOUR BODY, YOU ARE HEALTHY. WHEN MONEY IS CIRCULATING FREELY IN YOU LIFE, YOU ARE ECONOMICALLY HEALTHY. WHEN PEOPLE BEGIN TO HOARD MONEY, TO PUT IT AWAY IN TIN BOXES, AND BECOME CHARGED WITH FEAR, THERE IS ECONOMIC ILLNESS. 

                   MONEY HAS TAKEN MANY FORMS A MEDIUM OF EXCHANGE DOWN THROUGH THE CENTURIES, SUCH AS, SALT, BEADS, AND TRINKETS OF VARIOUS KINDS. IN EARLY TIMES A MAN'S WEALTH WAS DETERMINED BY THE NUMBER OF SHEEP AND OXEN HE HAD. NOW WE USE CURRENCY, AND OTHER NEGOTIABLE INSTRUMENTS, AS IT IS MUCH MORE CONVENIENT TO WRITE A CHECK THAN CARRY SOME SHEEP AROUND WITH YOU TO PAY BILLS.

                              HOW TO WALK THE ROYAL ROAD TO RICHES

                   KNOWLEDGE OF THE POWERS OF YOUR SUBCONSCIOUS MIND IS THE MEANS TO THE ROYAL TO RICHES OF ALL KINDS SPIRITUAL, MENTAL, OR FINANCIAL. THE STUDENT OF THE LAWS OF MIND BELIEVES AND KNOWS DEFINITELY THAT REGARDLESS OF ECONOMIC SITUATONS, STOCK MARKET FLUCTUATION, DEPRESSION, STRIKES, WAR, OTHER CONDITIONS OR CIRCUMSTANCES, HE WILL ALWAYS BE AMPLY SUPPLIED, REGARDLESS OF WHAT FORM MONEY TAKES. THE REASON FOR THIS IS THAT HE HAS CONVEYED THE IDEA OF WEALTH TO HIS SUBCONSCIOUS MIND, AND IT KEEPS HIM SUPPLIED WHEREVER HE MAY BE. HE HAS CONVINCED HIMSELF IN HIS MIND THAT MONEY IS FOREVER FLOWING FREELY IN HIS LIFE AND THAT THERE IS ALWAYS A WONDERFUL SURPHUS. SHOULD THERE BE A FINANCIAL COLLAPSE OF GOVERNMENT TOMORROW AND ALL THE MAN'S PRESENT HOLDINGS BECOME VALUELESS, AS THE GERMAN MARKS DID AFTER THE FIRST WORLD WAR, HE WOULD STILL ATTRACT WEALTH AND BE CARED FOR, REGARDLESS OF THE FORM THE NEW CURRENCY TOOK.

                                    WHY YOU DO NOT HAVE MORE MONEY

                AS YOU READ THIS CHAPTER, YOU ARE PROBABLY SAYING, " I AM WORTHY OF A HIGHER SALARY THAN I AM RECEIVING." I BELIEVE MOST POEPLE ARE INADEQUATELY COMPENSATED. ONE OF THE CAUSE MANY PEOPLE DOES NOT HAVE MORE MONEY IS THAT THEY ARE SILENTLY OR OPENLY CONDEMNING IT.

              THEY REFER TO MONEY AS "FILTHY LUCRE" OR " THE LOVE OF MONEY IS THE ROOT OF ALL EVIL".

           ANOTHER REASON THEY DO NOT PROSPER IS THAT THEY HAVE A SNEAKY SUBCONSCIOUS FEELING THERE IS SOME VIRTUE IN POVERTY. THIS SUBCONSCIOUS PATTERN MAY BE DUE TO EARLY CHILDHOOD TRAINING, SUSPERSTITION, OR IT COULD BE BASED ON A FALSE INTERPRETATION OF SCRIPTURES.

                                           MONEY AND A BALANCED LIFE

                 ONE TIME A MAN SAID TO ME, " I AM BROKE. I DO NOT LIKE MONEY. IT IS THE ROOT OF ALL EVIL".

                THESE STATEMENT REPRESENT A CONFUSED NEUROTIC MIND. LOVE OF MONEY TO THE EXCLUSION OF EVERYTHING ELSE WILL CAUSE YOU TO BECOME LOPSIDED AND UNBALANCED. YOU ARE HERE TO USE YOUR POWER OR AUTHORITY WISELY. SOME MEN CRAVE POWER OTHERS CRAVE MONEY. IF YOU SET YOUR  HEART ON MONEY EXCLUSIVELY AND SAY, "MONEY IS ALL I WANT; I AM GOING TO GIVE ALL MY ATTENTION TO AMASSING MONEY, NOTHING ELSE MATTER", YOU CAN GET MONEY AND ATTAIN A FORTUNE, BUT YOU HAVE FORGOTTEN THAT YOU ARE HERE TO LEAD A BALANCED LIFE. YOU MUST ALSO SATISFY THE HUNGER FOR PEACE OF MIND, HARMONY, LOVE, JOY, AND PERFECT HEALTH. BY MAKING MONEY YOUR SOLE AIM,YOU SIMPLY MADE A WRONG CHOICE. YOU THOUGHT THAT WAS ALL YOU WANTED, BUT YOU FOUND AFTER ALL YOUR EFFORTS THAT IT WAS NOT ONLY THE MONEY YOU NEEDED.

             YOU ALSO DESIRED TRUE EXPRESSION OF YOUR HEALTH TALENTS, TRUE PLACE IN LIFE, BEAUTY, AND THE JOY OF CONTRIBUTING TO THE WELFARE AND SUCCESS OF OTHERS. BY LEARNING THE LAWS OF YOUR SUBCONSCIOUS MIND, YOU COULD HAVE A MILLION DOLLARS OR MANY MILLIONS, IF YOU WANTED THEM, AND STILL HAVE PEACE OF MIND, HARMONY, PERFECT HEALTH, AND PERFECT EXPRESSION.

                                        POVERTY IS A MENTAL DISEASE

                  THERE IS NO VIRTUE IS POVERTY, IT IS A DISEASE LIKE ANY OTHER MENTAL DISEASE. IF YOU WERE PHYSICALLY ILL, YOU WOULD THINK THERE WAS SOMETHING WRONG WITH YOU. YOU WOULD SEEK HELP AND DO SOMETHING ABOUT THE CONDITION AT ONCE. LIKEWISE, IF YOU DO NOT HAVE MONEY CONSTANTLY CIRCULATING IN YOUR LIFE, THERE IS SOMETHING RADICALLY WRONG WITH YOU.

              THE URGE OF THE LIFE PRINCIPLE IN YOU IS TOWARD GROWTH, EXPANSION, AND THE LIFE MORE ABUNDANT. YOU ARE NOT HERE TO LIVE IN A HOVEL, DRESS IN RAGS, AND GO HUNGRY. YOU SHOULD BE HAPPY, PROSPEROUS, AND SUCCESSFUL. 

                                WHY YOU MUST NEVER CRITICIZE MONEY

                  CLEANSE YOUR MIND OF ALL WEIRD AND SUPERSTITIOUS BELIEFS ABOUT MONEY. DO NOT EVER REGARD MONEY AS EVIL OR FILTHY. IF YOU DO, YOU CAUSE  IT TO TAKE WINGS AND FLY AWAY FROM YOU. REMEMBER THAT YOU LOSE WHAT YOU CONDEMN. YOU CANNOT ATTRACT WHAT YOU CRITICIZE.

                          GETTING THE RIGHT ATTITUDE TOWARD MONEY

                     HERE IS A SIMPLE TECHNIQUE YOU MAY USE TO MULTIPLY MONEY IN YOUR EXPERIENCE. USE THE FOLLOWING STATEMENTS SEVERAL TIMES A DAY, " I LIKE MONEY, I LOVE IT, I USE IT WISELY, CONSTRUCTIVELY, AND JUDICIOUSLY. MONEY IS CONSTANTLY CIRCULATING IN MY LIFE. I RELEASE IT WITH JOY, AND IT RETURNS TO ME MULTIPLIED IN A WONDERFUL WAY. IT IS GOOD AND VERY GOOD.

                   MONEY FLOWS TO ME IN AVALANCHES OF ABUNDANCE. I USE IF FOR GOOD ONLY, AND I AM GRATEFUL FOR MY GOOD AND FOR THE RICHES OF MY MIND".

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KEEP YOUR GREED AND FEAR UNDER CONTROL

 

                                     

                                        DO NOT CONVERT INTRADAY 

                                        INTO BTST OR SWING TRADE

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                    ONE OF MY FRIENDS BOUGHT 100 STOCKS OF YES BANK AT THE RATE OF $300 IN INTRADAY TRADE. UNFORTUNATELY, THE STOCK DECLINED THAT DAY AND CLOSED AT $288. HE DID NOT HAVE THE COURAGE TO BOOK A LOSS OF $1200 AND CHANGED OVER FROM INTRADAY TO SWING TRADE. HE TOOK DELIVERY OF THE STOCKS. LATER, THE STOCK WENT DOWN FURTHER AND CAME TO THE LEVEL OF $180 AND HE CHANGED OVER TO LONG TRADE INVESTOR. THUS, HIS TRADE GOT CONVERTED TO LONG-TERM INVESTMENT THAT IS NOT GENERATING ANY INCOME. HE IS JUST WAITING FOR THE STOCK TO MOVE UP.

                HENCE, YOU NEED TO FIRST OF ALL DECIDE THE PERIOD FOR WHICH YOU ARE GOING TO TRADE. AND THEN, YOU MUST STICK T YOUR DECISION. FOR EXAMPLE, IF YOU HAVE BOUGHT ANY STOCK FOR A PERIOD OF ONE YEAR, YOU SHOULD NOT KEEP CHECKING ITS MARKET PRICE ON DAILY BASIS AND DO NOT THINK OF EXISTING AS AND WHEN STOCK SHOWS SIGN OF DECLINE.

                INFACT, INDISCIPLINE IS THE MAIN CAUSE OF FAILURE IN STOCK MARKET. YOU SHOULD TRY TO TOUGHEN YOUR WILL POWER. YOU NEED PRACTICE FOR THE SAME . YOU SHOULD BE CAREFUL NOT TO FREQUENTLY CHANGE YOUR DECISION EVEN IN YOUR DAILY LIFE. AS FAR AS POSSIBLE, BE FIRM ON YOUR DECISION. THIS WOULD HELP YOU STRENGHEN YOUR WILL POWER AND YOU WOULD BE ABLE TO BECOME A SUCCESSFUL TRADER EVEN IN THE STOCK MARKET BECAUSE OF YOUR STONG WILL POWER, ELSE, THE STOCK MARKET NEVER FORGIVES THOSE WHO KEEP ON CHANGING DECISION AND STRATEGY FREQUENTLY.

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                       KEEP YOUR GREED AND FEAR UNDER CONTROL

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                     AN ENGLISH TRADER HAS WRITTN IN HIS BOOK THAT A HUMAN IS BY NATURE AN UNSUCCESSFUL TRADER AS GREED AND FEAR ARE HIS NATURAL INSTINCTS.

                     HENCE, JUST AS A TRAINING IN ARMY MAKES A PERSON A SOLDIER, A STUDY AND TRAINING IN SCIENCE CREATES A SCIENTIST, TRADING IN STOCK MARKET IS ALSO AN ART THAT CAN BE LEART ONLY WITH CONSTANT PRACTICE AND CONTROL AN EMOTIONS.

                IN FACT, GREED AND FEAR ARE TWO SUCH EMOTIONS THAT MAY TURN YOU INTO AN UNSUCCESSFUL TRADER. LET'S SEE HOW?

              WHEN YOU ARE IN A PROFITABLE TRADE POSITION, YOU MAY GET CONSUMED WITH THE DESIRE FOR MORE PROFIT, BUT SUDDENLY THE PROFIT STARTS GETTING WIPED OUT. YOU THEN CONSIDER IT RIGHT TO WAIF FOR SOME MORE TIME, BUT THE PROFIT GETS WIPED OUT TOO FAST AND YOUR PROFIT-MAKING POSITION TURNS INTO LOSS. YOU ARE STILL UNDER GREED AND DECIDE NOT TO APPLY STOP-LOSS. THE TRADE FINALLY TURNS INTO A SIZEABLE LOSS. 

             WHEN YOU TAKE A  TRADE POSITION NEXT TIME, THE MOTION OF FEAR OVERTAKES YOU. THE MOMENT YOU FIND THE POSITION MAKING A SMALL PROFIT,  YOU DECIDE TO BOOK THE SAME, AS YOU FEAR THAT EVEN THAT SMALL PROFIT WOULD GET WIPPED OUT. 

            POSSIBLY, THAT TRADE COULD HAVE GIVEN YOU A MUCH BETTER PROFIT.

            IT WAS FOR THE PURPOSE OF TEACHING YOU HOW TO CONTROL THESE VERY EMOTIONS THAT YOU WERE ADVICED IN PREVIOUS TIPS TO KEEP A TARGET PF  1 % FOR PROFIT AND APPLY STOP-LOSS OF 1/2 % FOR YOUR TRADES.

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              WHEN YOU ARE BLE TO TAKE YOURSELF TO A WINNING POSITION DURING THE DAY, YOU MAY RAISE YOUR PROFIT TARGET AND STOP-LOSS. ASSUME THAT YOU ENTER INTO TRADES OF $ 10,000 EACH AND KEEP A TARGET OF $100 FOR PROFIT AND $50 FOR LOSS. FORTUNATELY, OUT OF YOUR FIRST 7 TRADES, 5 TRADES ARE SUCCESSFUL AND YOU MAKE $500 FROM THEM AND YOU LOSS $100 FROM THE OTHER 2 TRADES. YOU ARE, THUS, HAVING A NET PROFIT OF $400, IN SUCH A CASE, EVEN IF YOU TAKE FRESH POSITIONS WITH HIGHER PROFIT TARGET OF 2 % AND STOP-LOSS OF 1 % THERE IS NO CHANCE OF YOUR MAKING LOSS AT THE END.

         THUS, IN GENRAL, KEEP CONTOL IN YOUR GREED AND FEAR AND MAINTAIN A RATIO OF 2:1 BETWEEN PROFIT AND STOP-LOSS INITIALLY, TRADE WITH LOW PROFIT TARGETS AND STIL LOWER STOP-LOSS. ONCE YOU HAVE MADE GOOD PROFIT, YOU MAY GRADUALLY ENHANCE YOUR PROFIT TARGET AND STOP-LOSS FOR THAT DAY IN SUCH A WAY THAT BY THE END OF THE DAY, YOU DO NOT END UP WIPING OUT YOUR ENTIRE PROFIT OF THE DAY.       

  

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TRADING ADVANTAGES

 

                                     ADVANTAGES OF TRADING IN THE 

                                           DIVIDEND-PAYING STOCKS

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                   YOU WOULD HAVE UNDERSTOOD BY NOW THAT, FOR TRADING, I ADVISE CHOOSING SUCH LARGE CAP STOCKS FROM NIFTY 50 OR SENSEX 30 THAT ARE TRADING NEAR THEIR 52-WEEKS HIGHS. BUT, WHY IS IT LIKE THAT? YOU WOULD HAVE CERTAINLY GO THIS QUESTION IN YOUR MIND - 'WHY SHOULDN'T I TRADE IN SUCH SMALL CAP OR MID CAP STOCKS, SUGGESTED BY YOU OR ANY OTHER ANALYSTS, THAT I MAY GIVE A RETURN OF 200 % - 300 % IN ONE OT TWO YEARS?'.

             WELL, THE ANSWER IS THAT YOU MUST, FIRST OF ALL, HAVE THE CAPACITY TO HOLD FUNDAMENTAL STOCKS, THAT IS NORMALLY NOT FOUND IN SMALL INVESTORS AS EXPLAINED BY ME IN PREVIOUS TIPS WITH AN EXAMPLE OF EICHER MOTORS.

           SECONDLY, YOU MUST HAVE HEARD THE STORY OF ONE SETHJI, IF NOT, LET ME TELL YOU THE SAME. THERE WAS A SETHJI WHO WAS A TYPICAL MISER. HE WOULD USUALLY EAT STALE ROTIS WITH SALT AND CHILLI ONLY AND NO VEGETABLES, JUST T SAVE MONEY ON VEGETABLES, BUT IN ORDER TO SATIATE HIS DESIRE FOR VEGETABLES AND OTHER DELICACIES, HE WOULD KEEP HIS EYES CLOSED FOR  10 MINUTES AFTER HIS MEAL AND GO INTO MEDITATION IMAGINING THAT HE WAS ENJOYING A SUMPTUOUS MEAL WITH DAAL AND CARRY.

          SUCH MEDIATATIONS USED TO SATISFY HIS DESIRES, ONCE, WHEN HE WAS IN A STATE OF SIMILAR MEDITATION, HE FELT THE CURRY TO BE TOO SPICY AND HE STARTED MAKING A SOUND LIKE "CEE-CEE". 

                                           

                                                                                  👀👀

 

 

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            WHEN A PASSER-BY HEARD THAT SOUND, HE ASKED HIM, 'SETHJI, WHAT HAPPENED?', SETHJI TOLD HIM THE FULL STORY HOW HE WAS EATING FOOD IN HIS IMAGINATION AND HOW HE LEFT HIS MOUTH TO BE BURNING BECAUSE OF VERY SPICY CURRY, RESULTING IN THAT SOUND. THAT PERSON SAID, "YOU FOOL SETH, IF YOU HAVE TO ENJOY FOOD IN YOUR IMAGINATION ONLY, WHY DO YOU EAT ONLY DAAL-CURRY? EAT SWEETS, DRY FRUITS, KAJU-KATLI AND FRESH FRUITS, AND IF YOU HAVE TO EAT DAAL-CURRY ONLY IN YOUR IMAGINATION, YOU SHOULD EAT THE SAME COOKED BY A GOOD CHEF WITH PERFECT SPICES THAT WOULD NOT BURN YOUR MOUTH'.

             ANY FUNDAMENTAL STOCK THAT HAS THE POTENTIAL TO GIVE MULTIPLE RETURNS IN FUTURE IS EQUALLY RISKY TOO. IT IS NATURAL ALSO, AS SUCH A STOCK WOULD BE RECOMMENDED ONLY WHEN THE SAME CAN BE INCLUDED IN THE CATEGORY OF "VALUE BUY". WHEN THE MARKET PRICE OF A STOCK IS LOWER THAN ITS "NET SALE PER SHARE" AND ITS BOOK VALUE, THE STOCK IS RECOMMENDED BY ANY RESEARCH ANALYSTS, TREATING THE SAME AS A "VALUE STOCK".

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            HOWEVER, THERE IS ALSO A RISK HERE. IF SOME NEWS RELATING TO ANY PROBLEM THAT A COMPANY IS GOING TO FACE IN FUTURE IS LEAKED IN THE MAKET BEFORE THE SAME IS KNOWN TO THE PUBLIC IN GENERAL, THE MARKET PRICE OF THAT STOCK MAY COME DOWN TO THE EXTENT THAT WE MAY BUY THE SAME ASSUMING IT TO BE A VALUE BUY.

           SUCH LEAKED NEWS ABOUT COMPANY PROBLEMS IS CALLED "RUMOUR". THE SAME THING HAPPENED WITH THE STOCKS OF KINGFISHER, TANTIA CONSTRUCTION, PRATIBHA INDUSTRIES, SATYAM COMPUTERS AND DHFL, ETC. WHEN THEIR MARKET PRICES WENT BELOW THEIR 'NET SALE PER SHARE' FIGURES AND THEIR BOOK VALUES AND THEY WERE TREATED AS FUNDAMENTAL VALUE BUYS. BUT, LATER, AS THE NEWS ABOUT THESE COMPANIES STARTED COMING OUT IN THE OPEN, THE STOCKS CRASHED BY 60% TO 90%.

                 HENCE, IF YOU WANT TO EARN 200 % - 500 % RETURN WITH LONG-TERM HOLDING, THEN, AS YOU HAVE READ IN MY CHAPTER, YOU MAY INVEST UP TO A MAXIMUM OF 10 % OF YOUR MONTHLY INCOME IN SUCH STOCKS COMING IN THE CATEGORY OF FUNDAMENTAL VALUE BUY AND EXPECT MULTIPLE RETURNS BY HOLDING THEM FOR 2-3 YEARS. BUT, IF YOU ARE PLANNING TO USE SWING TRADE TO EARN 4.5 % TO 0.5 % RETURNS WITHIN A PERIOD OF ONE DAY TO ONE MONTH, WHY SHOULD YOU TAKE RISK FOR THE SAME? WHY NOT TO INVEST ONLY IN SUCH STOCKS OF NIFTY / SENSEX THAT ARE TRADING NEAR THEIR YEAR-HIGHS? SUCH STOCKS ARE NORMALLY LESS RISKY. THEY ALSO HAVE GOOD VOLUMES AND BOUNCE BACKS FOR 4.5 % TO 0.5 % PROFIT CAN BE FOUND IN A SHORT-TIME, AND WHEN THEY ARE HELD, THEY ALSO THEY ALSO BRING BONUS AND DIVIDENDS.       

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                               CHOOSE NIFTY STOCKS FOR TRADING AS

                                          WELL AS SWING TRADING

               ALL THE 50 STOCKS OF NIFTY 50 ARE ALSO TRADED IN FUTURES AND OPTIONS SEGMENT OF THE STOCK MARKET. DOMESTIC MUTUAL FUNDS AND FOREIGN INSTITUTIONAL INVESTORS (FILLS) ALSO TRADE IN THE SAME STOCKS. ALMOST 80 % TO 90 % OF TRADES IN THE MARKET ARE DONE IN THOSE VERY STOCKS AND, HENCE, THEY ENJOY SUFFICIENT LIQUIDITY WHILE THEY ALSO GO THROUGH GOOD ENOUGH FLUCTUATIONS. HENCE, IN MY OPINION, STOCKS FROM NIFTY 50 SHOULD BE SELECTED FOR INTRADAY TRADING OR SWING TRADING (EVEN AMONG THEM, WHICH ONES SHOULD BE CHOSEN - THIS WOULD BE EXPLAINED LATER).

              SECONDLY, STOCKS INCLUDED IN INDEXES LIKE NIFTY, SENSEX, ETC., ARE SELECTED BY EXCHANGE COMMITTEES AFTER TESTING THEM ON THE CRITERIA OF VOLUME, PROFITS, DIVIDEND LIABILITY, ETC.

             STOCKS INLUDED IN INDEXES ARE APPRAISED PERIODICALLY AND SUCH STOCKS THAT DO NOT MEET THE CRITERIA OF MARKET CAP, VOLUME, DIVIDEND, ETC., ARE REMOVED AND REPLACED BY NEW STOCKS.

             ACCORDINGLY, YOU MAY USE THE METHOD EXPLAINED IN SUBSEQUENT CHAPTERS TO EXIT FROM STOCKS BEING REMOVED FROM NIFTY WITHOUT BOOKING ANY LOSS AND INVEST IN FRESH STOCKS GETTING INLUDED THERE. THIS WILL BE DISCUSSED IN DETAIL IN THE NEXT TIP.

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