Nifty on a record breaking spree approaches another channel top.Nifty again had a breathless run today and closed at 26216 after making a new all time high of 26250. the scope of growing further looks limited but with lot of large caps picking up pace and rotation from mid cap and small cap stocks towards large caps is helping the Nifty move further. FIIs and DIIs are both on a buying again probably indicating a move towards large caps. Heroes of the day today were Maruti Suzuki, Grasim and Tata Motors along with Bajaj Twins, M&M and Shriram Finance. Large cap banks did not much much but are not relenting as well. The parallel Channel indicates the channel top near 26443 with resistances at 26250 and 26338. Supports for Nifty is near 26029. Again the zone between 25865 and 25812 will be the most significant support as this zone contains the mid channel support along with Mother line support. The rally can turn bearish (Looks less likely as of now but you never say never) below 25282. Shadow of the candles look neutral to positive as of now.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Niftyoutlook
NIFTY Resistance 25-Sep-24NIFTY Resistance 25-Sep-24
Evident Resistance between 25800 and 26200
Also the gap is very low between both Resistance.
Either it need to decisively break and move up with Global, Local News
or
To be Careful during this zone.
Chance for market might move sideways till Q2 Results (Expected in a span of month)
After making new ATH is it the time for consolidation?Three things can happen from here which usually happen when a new milestone is hit. Either Nifty can consolidate for a while, Either it can test supports till it find it's feet or it can fly ahead further. We should be prepared for either of the three happening. The best way for doing it is look forward to get new highs with feet on the ground. Feet on the ground will be having stop losses and trailing stop losses for your trade in place. Support level for Nifty are at 25863, 25668, Mother line (50 hours EMA) support of 25639, 25528, 25336 or even 200 hours EMA which is at 25170. The support zone between 25668 and 25639 is pretty strong. Resistances on the upper side are 26011 and 26114. Shadow of the candle is neutral to positive.
Nifty starting to enter the over heated zone. Nifty starting to enter the overheated zone. May not be overbought as of now but certainly it is close to that. Right from here or after going a little higher, Nifty can take a plunge in search of the immediate support or bottom. For now, the resistances for Nifty are at Today's high of 25956. Post That Nifty can face resistances at 26071, 26204 and 26432. Supports for Nifty remain at 25853, 25611, 25343 and 25106 final support for Nifty will be at 24808.
#nifty50 analysis for upcoming week 23-27th Sept 2024The #Nifty50 soared to a new all-time weekly high of 25,791, gaining a remarkable 430 points from the previous week's close. It reached a peak of 25,849 and a low of 25,285. As predicted, the Nifty has been trading within the 25,810-24,750 range. For the upcoming week, I anticipate a trading range of 26,400-25,200 . A breach of these levels could ignite significant market volatility.
As highlighted last week, the strong Fibonacci level of 25,810 is crucial. If the Nifty closes above this level next week, be prepared for a potential rally towards the next magical level of 26,990 or 27,000. Although reaching these levels may take some time, it's essential to be positioned for such a move.
Meanwhile, the S&P 500 finally broke through the strong resistance of 5,637, thanks to the Federal Reserve's rate cut. If it can maintain above this week's high of 5,733, we could see further gains towards resistance levels of 5,800, 6,000, or even 6,140. Since the S&P 500 has surpassed a significant Fibonacci level, it's poised to potentially reach another strong Fibonacci level of 6,959, which is 20% higher than current levels. Such a move would likely propel the Nifty towards 27,000.
A breakdown below this week's low of 5,604 would indicate a failed breakout and could lead to a test of support levels at 5,445 or 5,432. Exciting times are ahead!"
NIFTY Market Insights: Anticipating significant shiftsDear Traders,
I trust this message finds you well in both your trading endeavors and personal pursuits. I am pleased to present a compelling opportunity through a new NIFTY analysis that indicates an imminent significant market shift. The recent upward surge in the market has prompted concerns, as my analysis over the past two months has consistently pointed to an anticipated correction owing to market overvaluation and distinct completion patterns.
Technical details:
I. Resistance I: 25,388 ~ 25,430 (Extended trend line from 17th JUN'22)
II. Resistance II: 25,490 ~ 25,510 ~ 25,526 (Conj. Extended trend line from 24 JAN'24 & 24 JUN'24)
III. Resistance III: 25,590 (Extended trend line from 29 FEB'16 – Long & strong Resistance)
Please note that these values serve as indicative levels of support and resistance.
The wave patterns depicted in the diagram, signal completion of the trend.
Additional observations:
Time series Forecasting:
Top - Top
- Today (04/09/2024) = 1690 D from 20jan'20 (1710 = 360*4 + 270)
= 1053 D from 19oct'21 (1080 = 360*3)
= 644 D from 01dec'22 (630 = 360+270)
= 356 D from 15sept'23 (~360)
Bottom – Top
- Today (04/09/24) = 1626 D from 24mar'20 (1620 = 4*360+180)
= 811 D from 17jun'22 (810 = 720 + 90)
= 315 D from 26oct'23 (exactly an important angle)
= 535 D from 20mar'23 (540 = 360 + 180)
Given these short and long-term observations, the time resistance(s) are notably robust.
Historical Repetition:
The ongoing 14-day winning streak, continuously setting new records, typically precedes short-term corrections ranging from 3% to 24%, as historically observed. For instance, in May 2006, Nifty’s non-stop 9-day rally culminated in a 24% index decline in the subsequent month, while a similar trend in February 2000 resulted in an 11% decline in the subsequent month.
Consequently, a market breather is anticipated, with profit booking potentially driving the market to deeper levels before embarking on a new uptrend (anticipated correction in the monthly scale, evident in the 3M time frame). Further details will be provided as the market unfolds.
A correction of this magnitude is expected to materialize, with the following scenarios:
The initial focus is to prioritize the trend line-based correction scenario. The primary support levels are identified at 23,100. Any subsequent breakout will result in distinct scenarios.
Scenario 1: From 15,183.40, retracement towards 21,500 = 4,000 pts (38.2%R) (-12 to 15%), highly probable given the aforementioned reasons.
Scenario 2: From 16,828, retracement towards 21,100 levels = 4,400 pts (50%R) (-13% to 17%), also plausible within the realm of reality.
One of these scenarios is poised to unfold as the market progresses into correction.
Fed and Markets:
Considering the correlation between interest rates and market fluctuations, it is wise to take them into account. Typically, their relationship is inversely proportional. However, the Fed has been delaying the easing process due to economic conditions such as employment and inflation data. This month may bring many surprises.
If everything goes according to plan, interest rates will be reduced, theoretically boosting investment in gold and stock markets. On the other hand, if the dovishness in the rate decision continues, it will likely unsettle the markets, at least in the short term.
Further data releases this month will help in forming a consensus.
IMPORTANT DATES TO REMEMBER!!!
Sept - 5, 6, 11, 12, 18 (FOMC)
Strategy:
1. Being bullish beyond this point is not recommended.
2. Bearish bets are prudent from 25, 300 – 350, 400 for FOMO traders.
Risky traders may consider waiting for the 25,500 levels to be tested.
Disclaimer:
Before concluding, I must underscore that the insights shared are based on my analysis. It is imperative for you to conduct your research and, if necessary, consult with a financial advisor before making any trading decisions. The dynamic nature of financial markets necessitates that your strategies align with your financial goals and risk tolerance.
Your feedback is genuinely appreciated, and I would encourage you to share your thoughts in the comments section. I am committed to engaging with each response.
Fellow Traders,
Countless hours of dedication and effort have gone into creating this valuable analytical resource. If you find it useful, I humbly ask for your support by liking and following me. Your comments and thoughts on this idea are highly valued, and I am committed to engaging with each one personally.
Thank you for investing your time in reading this article,
Your readership is greatly appreciated.
Wishing you profitable and joyful trading!!!
After making a new high Nifty finds temporary bottom. There was an immense bout of profit booking specially in the mid and small cap stocks decimation happened in PSU stocks. Many of these stocks are near important support levels now. Many seem to have taken support today. Nifty itself took support today near 25376. Looks like this was a strong support below which is another important mother line support of 25322. To know more about Mother, Father and Small Child theory read my book available on Amazon in Kindle and paperback version. Below 25322 the important support levels will be 25278, 25134 and 25008. However as support of 25376 has been taken for now things look little rosy to start the day with resistance levels will be 25485, 25533, 25611 and channel top now is at 25712.
Flag and Pole Breakout is not taking of as on date. Since Flag and pole breakout there are chances that even though 50 bps rate cut has been announced by US FED there are chances of Nifty trying to retest some supports. Today Nifty tested 50 hours EMA Mother line. But there is a chance that it may test the support again. If Mother line 25282 does not support again like today there is a chance of Nifty testing further supports which are near 25203, 25135 or even 25027. Resistances on the upper side will be near 25407, 25485, 25533 and 25607. As of now shadow of the candle is negative or red in colour. But if 50 EMA gives support the things can turn positive again. Expect some volatility in the coming days.
Flag formation in Nifty indicates some strength but be cautious Flag formation in Nifty indicates some strength but be cautious as there might be chances of profit booking at higher levels. The Fibonacci levels drawn based on previous peaks indicate the next resistance between 25449 and 25493. If 25493 is crossed and we get a closing above it there is a possibility of a rally upto 25600 or 25698 levels. This will be a resistance which will be very tough to conquer for now. The support for nifty in case the Flag and pole formation break out fails will be at 25333 and 25270. Mother line support of 50 hours EMA will be at 25193 which is also the mid channel support. Making it a strong dual support.
Nifty Short, Medium & Long Term : 16-Sep-24 to 20-Sep-24Nifty Short, Medium & Long Term : 16-Sep-24 to 20-Sep-24
Nifty closed at 25356 ( Last week 24855 ) and touched low & high of 24471-25429 ( all time high)
Market touched new high last week , and nearing the Short term Resistance at 25545.
RSI and stochastics levels moved up last week (63% and 87% respectively). MACD level and signal are at same level.
Nifty 25356 Short term (Short term neutral, need to cross key resistance 25545)
Nifty short term resistance 25545 as shown in chart.
Support at 24480 (Fib Support) & 24650 (Trend line support and recent low).
Medium Term next target is 25800 ( Fib Resistance)- If it crosses 25800, Medium Term is UP. if it moves above decisively next target is 26250.
Medium term Support - 24000
Long Term : Nifty have a target of 27000 ( Fibonacci Resistance). If market close above 25540 decisively. Support at 22800
Post Indian Elections, reduction of interest rate by RBI is expected on a staggered manner till it reaches 5% ( in span of 2-3 years ) in line with US fed rate reduction expected in Sep 2024. US President Election result scheduled in Nov 24. Until then Market may correct if any global news upto19500 as there is strong multiple fib support in this range.
Caution to be emphasized on Nifty as nifty PE is in high level with high valuation especially in Mid cap & Small Cap. Mutual Funds SIP shall be invested as the goal is for more than 5-10 years at this critical period as the valuation is high.
Those with lesser risk can sell partial portfolio ( 20-30%) stocks which have less valuation and can wait for opportunity to buy when nifty dips upto 22800.
Deploy stop loss of upto 7%-8% which is crucial. More Risky players can have stop loss of trend line resistance of 23750 as shown in the chart.
Nifty bank 51938 (Last week 50582) - Index have target of 54000 in medium term and support at 49900
Stock Picking is needed at current scenario in Bank, auto, Pharma stocks.
Based on the Q1 results, following stocks can be added to portfolio: ICICI Bank, HDFC Bank, Indian Bank & Punjab National Bank.
Fundamentally good stocks can be added as it posted good results on every dip in finance stocks such as CAMS, UTI AMC , HDFC AMC, Manappuram Finance, suryoday small fin, Motilal Fin, Chola Finance, Dr Reddys, Natco Pharma, Cipla, JK Cements, Biocon, Persistent Sys, PI Ind, PNC Infra and Ashoka Buildcon. There is a possibility of dip to 21000-22000, hence please buy in parcels and every dip of Index and every dip of individual stocks (2-5% of portfolio on each purchase for long term) The above stocks mentioned are based on analysis of top line & Bottom line performance, hence based on the risk and portfolio mix one can add after analysis.
Nifty IT 43394 (Last week 42234) indices dipped to 37848 in Jun month, bounced back and all time high last week. Recovery of US stock market and awaiting FED rate cute decision pushed the US stocks up and followed by Nifty IT Index.
Fresh Bullish Breakout in Nifty after consolidation. Nifty consolidated for a while tested new bottom near 24753 Nifty has today taken down all the resistances and made a new all time high of 25433. Nifty could not hold on to 25.4K+ levels today so the immediate resistance for Nifty will be today's high that is 25433. The next resistance is near 24537. Channel top seems to be near 25653. The door are now open for 26K+ long term target. As of now the long term target as per the trend line seems to be near 26355 with supports at 25293, 24910 and recent bottom formed near 24753. Below this level Mother line support will be near 24571 below which the trend can change bearish.
Nifty getting trapped between two trend lines forming a pennant Nifty is getting trapped between Two trend lines and will look to consolidate further till the trend line is broken on either side. In addition to the trend lines, Nifty is also trapped between Mother and Father line of 50 and 200 Hours EMA. Very interestingly poised Nifty with negative shadow of the candle. Immediate resistances are near 24970, 25027, 25130 and 25192. Above 25192 Bulls can start to breathe easy. Supports for Nifty are at 24885 are 24821. 24821 is the most important support as it is just below the trend line and also 200 Hours EMA that is the Father line. If father line is broken Nifty can further fall to 24751 or even 24527.
Mid-Channel Resistance stopped Nifty growth todayAfter remaining positive and buoyant the full day Mid-channel resistance came to force and stopped Nifty from further growth today, dragging it down from day's high of 25130. The closing is good and above Mother line (50 days EMA).
To know more about Mother, father and small child theory and Happy Candles numbers that we assign to stocks read my book The Happy Candles way to wealth creation. The book is available on Amazon in paperback and Kindle version.
The supports and resistances for Nifty now are as under:
Supports for Nifty remain at: 24034 (Mother Line support), 25005, 24832, 24807 and finally 24527.
Resistances for Nifty remain at: 25130, 25192, 25273 and 25333.
Shadow of the candle right now is neutral to positive.
#NIFTY Intraday Support and Resistance Levels - 10/09/2024Slightly gap up opening expected in nifty above 24950 level. If nifty sustain above this level then possible upside rally upto 25150+ level. 24950-24800 will remain consolidation zone for nifty. Strong downside only expected below 24800 level.
#nifty50 analysis for next week 9th Sept-13th septThe Indian stock market experienced a significant downturn last week, with the Nifty 50 closing at 24,852, a substantial 400 points below the previous week's close. Despite reaching a weekly high of 25,333, the index ultimately settled within its expected range of 25,850 to 24,600.
Looking ahead, a bearish outlook prevails for the coming week. The Nifty is anticipated to trade within a range of 25,500 to 24,150. A bearish engulfing candle formation suggests continued selling pressure on Monday and Tuesday. However, a potential bounce to 25,000 on Wednesday or Thursday could offer bears an opportunity to initiate fresh short positions. A daily close above 25,080 would be a positive sign for bulls, while a close below 24,486 (DEMA50) could lead to further declines, potentially opening the gates to 24,150, 24,000, or 23,840 (DEMA100).
Globally, the S&P 500's decline of 240 points from the previous week's close triggered selling across various markets, including India. The 5,380 support level (DEMA50) is crucial for the S&P 500. A break below this level could result in a 3.5-4% correction, potentially testing the 5,200-5,170 support zone, which would likely exert further pressure on global markets.
Major weakness in Nifty with across the board selling.Nifty today looked very weak as it was not able to sustain many important support levels. Relative strength index of Nifty is also looking that it might fall further. The candle looks like an Olympic diver which has jumped from the podium. You can never say never but shadow of the candle as of now looks very negative and dark red in colour.
Resistance for Nifty will be at 24914, 25076 and 25333. Support for Nifty seem to be at 24702, 24483 (Major Mother Line 50 days EMA support). If this support is broken Bears can have a field day or a field week with no stopping. In such a scenario they can drag Nifty further down to 24242, 24016 or even 23673. The worst case scenario as of now looks like 23174 and 22759. 22759 will be Father line support.
Nifty last took father line support only on 4th june 2024 when it looked as if NDA will not be able to form a Government and there were deep cuts. So it looks improbable that Nifty will fall till father line but you never say never as US and other global markets are in panic mode.
Long term investors can be / should be ready with some liquidity as they might get a good chance for bottom fishing. Long term and ultra long term outlook for Indian markets still looks very positive.
Multiple trendlines converging and diverging consolidating NiftyThere are multiple global and local factors playing together line the multiple trendlines shown in the graph converging and diverging. These forces are not allowing Nifty to fall much and recover if it falls. At the same time they are not allowing Nifty to fly away towards 25.5K and above. The support levels for Nifty are at 25133 (Mother Line Support), 25083, 25005 and 24875 (Bottom of the current channel). Resistances for Nifty will be at 25207, 25251, 25304 and finally 25337.
#NIFTY Intraday Support and Resistance Levels - 04/09/2024Slightly gap down opening expected in nifty near 25200 level. After opening possible it will take a support at this level. If nifty starts trading and sustain above 25250 level then possible 25400+ rally in today's session. Strong downside fall expected in case nifty starts trading below 25200 level. 25000 level will act a strong support for today's session.
NIFTY on the cusp for potential correction!Dear Traders,
I trust this message finds you well in both your trading endeavors and personal pursuits. I am pleased to present a compelling opportunity through a new NIFTY analysis that indicates an imminent significant market shift. The recent upward surge in the market has prompted concerns, as my analysis over the past two months has consistently pointed to an anticipated correction owing to market overvaluation and distinct completion patterns.
Technical details:
I. Resistance I: 25,388 ~ 25,430 (Extended trend line from 17th JUN'22)
II. Resistance II: 25,490 ~ 25,510 ~ 25,526 (Conj. Extended trend line from 24 JAN'24 & 24 JUN'24)
III. Resistance III: 25,590 (Extended trend line from 29 FEB'16 – Long & strong Resistance)
*** Please note that these values serve as indicative levels of support and resistance.
The wave patterns depicted in the diagram
signal the completion of the trend.
imgur.com
Additional observations:
Time series Forecasting:
Top - Top
- Today (04/09/2024) = 1690 D from 20jan'20 (1710 = 360*4 + 270)
= 1053 D from 19oct'21 (1080 = 360*3)
= 644 D from 01dec'22 (630 = 360+270)
= 356 D from 15sept'23 (~360)
Bottom – Top
- Today (04/09/24) = 1626 D from 24mar'20 (1620 = 4*360+180)
= 811 D from 17jun'22 (810 = 720 + 90)
= 315 D from 26oct'23 (exactly an important angle)
= 535 D from 20mar'23 (540 = 360 + 180)
Given these short and long-term observations, the time resistance(s) are notably robust.
Historical Repetition:
The ongoing 14-day winning streak, continuously setting new records, typically precedes short-term corrections ranging from 3% to 24%, as historically observed. For instance, in May 2006, Nifty’s non-stop 9-day rally culminated in a 24% index decline in the subsequent month, while a similar trend in February 2000 resulted in an 11% decline in the subsequent month.
Consequently, a market breather is anticipated, with profit booking potentially driving the market to deeper levels before embarking on a new uptrend (anticipated correction in the monthly scale, evident in the 3M time frame). Further details will be provided as the market unfolds.
A correction of this magnitude is expected to materialize, with the following scenarios:
The initial focus is to prioritize the trend line-based correction scenario. The primary support levels are identified at 23,100. Any subsequent breakout will result in distinct scenarios.
Scenario 1: From 15,183.40, retracement towards 21,500 = 4,000 pts (38.2%R) (-12 to 15%), highly probable given the aforementioned reasons.
Scenario 2: From 16,828, retracement towards 21,100 levels = 4,400 pts (50%R) (-13% to 17%), also plausible within the realm of reality.
One of these scenarios is poised to unfold as the market progresses into correction.
Fed and Markets:
Considering the correlation between interest rates and market fluctuations, it is wise to take them into account. Typically, their relationship is inversely proportional. However, the Fed has been delaying the easing process due to economic conditions such as employment and inflation data. This month may bring many surprises.
If everything goes according to plan, interest rates will be reduced, theoretically boosting investment in gold and stock markets. On the other hand, if the dovishness in the rate decision continues, it will likely unsettle the markets, at least in the short term.
Further data releases this month will help in forming a consensus.
IMPORTANT DATES TO REMEMBER!!!
Sept - 5, 6, 11, 12, 18 (FOMC)
Strategy :
1. Being bullish beyond this point is not recommended.
2. Bearish bets are prudent from 25, 300 – 350, 400 for FOMO traders.
Risky traders may consider waiting for the 25,500 levels to be tested.
Disclaimer:
Before concluding, I must underscore that the insights shared are based on my analysis. It is imperative for you to conduct your research and, if necessary, consult with a financial advisor before making any trading decisions. The dynamic nature of financial markets necessitates that your strategies align with your financial goals and risk tolerance.
Your feedback is genuinely appreciated, and I would encourage you to share your thoughts in the comments section. I am committed to engaging with each response.
Fellow Traders,
Countless hours of dedication and effort have gone into creating this valuable analytical resource. If you find it useful, I humbly ask for your support by liking and following me. Your comments and thoughts on this idea are highly valued, and I am committed to engaging with each one personally.
Thank you for investing your time in reading this article,
Your readership is greatly appreciated.
Wishing you profitable and joyful trading!!!
Closing below trendline today shows some weakness in the rallyAlthough the closing on Nifty today was flat, as you can see from the chart closing was below a trendline which shows weakness. This weakness can lead to little more consolidation or can send Nifty searching for a substantial support. Resistance on the upper side seem to be at 25304 and 25337. Supports for Nifty are at 25241, 25197 below this level the major support for Nifty will be 25122 (Major support, Mother line, 50 EMA). If by chance 25122 is broken only 2 major supports will be at 25081 and 25005. Shadow of the candle as of now looks negative as of now.
Attempts of Nifty to break free not successfulNifty has attempted multiple times to break free and run wild but it has not succeeded. After making a new high there is consistent bout of profit booking seen. Over a few days now overall market breadth is not on the positive side. This phenomenon is natural when we are making new tops almost every day. Resistances for Nifty at this juncture are at 25330 and 25375. Supports for Nifty remain at 25242, 25193 (Strong support of the trendline) below this level major support will be near 25081 which is a combination of Mid channel support and Mother line support making it a very strong support. If 25081 is broken by any change 24993 will be the only major support remaining before the Nifty falls to Father line support or 24677.
To know the importance of Mother and Father line support and to know about the Mother, Father and the Small child theory of stock market (formulated by me), you need to read my book The Happy Candles Way to Wealth creation available on Amazon in paperback and Kindle version.
Nifty50 analysis for next week 2nd Sept-6th Sept 2024#Nifty surged to a new all-time high of 25236 this week, gaining nearly 400 points from the previous week's close. As predicted, the market remained within the 25500-24200 range.
For the coming week, I anticipate Nifty to trade between 25850 and 24600 . A break above or below these levels could trigger significant price movements. If Nifty can sustain above 25300, it might reach 25400, 25568, 25650, or even 25809 (a crucial resistance level).
While the weekly RSI is showing signs of a bearish M pattern, I believe Nifty needs to reach 25500 or 25800 before a significant decline. Overall, for coming week market remains bullish.
The S&P 500 closed just above the important Fibonacci level of 5637. A break above 5670 could lead to gains towards 5700, 5806, or even 6142, which would likely benefit Indian markets. However, a breakdown below 5550 could trigger a sell-off, with potential support levels at 5486, 5373, and 5180. Such a scenario would have negative implications for global markets, including India.
Solid closing above important Fibonacci level of ATH. Nifty has given a solid closing above previous ATH and important Fibonacci level showing growing momentum. A new All Time High was made today at 25192.90 for Nifty which closed strongly at 25151.95. Now there is a strong support zone for Nifty between 24998 and 24933. 24933 happens to be 50 EMA (Mother's line) as well as mid channel support. This resistance will be tough to conquer for Bears. In case there is closing in an unlikely event below 24933 the next support will be at 24716. On the upper side the next resistances will be near 24193 (weak resistance of ATH). 25294 and finally 25411. 25411 is an important Fibonacci resistance which will be tough to conquer. In case we get a closing above 25411 next month or so the doors for 25840 in the medium to long run will open.
words of Wisdom:
All The boats go up in a tide so go for fundamentally strong stock which have good thematic future rather than momentum traps. Pick Fundamentally strong stocks which are giving a technical breakout.
To know more about stock selection read my book The Happy Candles Way to wealth creation available on Amazon.