Sensex....The Much Awaited Correction

Elliott wave suggested a target of 17150-17500 for Sensex for the Wave 5 which I posted on 20th Sept on the blog. Sensex made a high of 17457.26 on 20th Oct. The trend is down now and according to Elliott wave analysis wave (2) should get us back to atleast the 4th wave of the previous wave (1). This gives sensex a target of atleast 13500. But if that is broken too Sensex could retrace 50% or even 61.8% of the entire move since Mar’09 to gives targets of 12500 levels. Let’s wait and watch...

Its all about FOCUS...

यास्तविंडरियाणी मनसा नियामे राभाते अर्जुना
कर्मेन्द्रिय कर्म योगमा सस्तासा वशीस्यते
This is a shokla from the famous Bhagvad Gita's Karma Yoga chapter. It beautiully explains the concept of control, energy & focus together.And that is what tempted me to write about the sholka from which i get immense energy.
Krishna explaination to Arjuna need not necessarily apply in todays world. But the greatest epic always have powerful messages. Lets try to understand the message in the context of today world. Karma is your work, your responsibilites, your duties. For eg. Studying is the karma of a student. Now if you understand what is Karma, the next thing to understans is Energy. The universal Law => "Energy is neither created nor destroyed, it can just be converted from one source to another".We had studied this law in our school days, but it has much more greater implications than its simplicity. Each one of us have an immense amount of Energy within us. When you fall prey to unwanted, unimportant things in life you waste a lot of energy within you. Krishna advices Arjuna to control his senses from the outside world’s materialistic desires . By doing so you save a lot of Energy. Now the question is what do u do by saving this energy. And the answer in this shloka is that you have to channelize your energies in the right direction; towards your karma. But in today’s world being focus on just 1 specific Karma is difficult. But still the underlying messages remains intact. “ Dont let your energies get wasted in useless & unwanted desires in life & channelize all your focus towards your goal & your sure to succeed”