chit fund private 100,000 Rs 5,000 pm

Candle stick charts 22-07-2026

We know that candlestick charts have an opening price, a closing price, a minimum price, and a maximum price, four elements. To see the long and short forces, focus should be on these four elements, not just the color of the candlestick chart, but also the price.

Comparison of the long and short formula: the highest price - closing price = more: closing price - the lowest price = short, a single candlestick can only represent the day of the contrast between the power of long and short, but if you want to "operation" or to combine "trend".

Let's take a look at the classic long-performance candlesticks.

1. Green bullish candlestick to reflect the buyer's dominance, the longer the green line entity, indicating that the stronger the buyer's power, here I am from the strong to the weak, left and right in order for you to do the image labelled.

2. A red bearish candlestick indicates that the sellers are dominant the longer the red bearish candlestick entity the stronger the seller's power.

3. In the daily study, we must not use a single up or down to judge today's trend, but use the way to judge the strength of the short and long contrast, through the study and understanding of the calculation of the strength of the short and long, we can effectively separate today's closing candlestick or closing candlestick of the reliability of the closing candlestick, as an example:

In the stock ITC, closed down the red line, with the highest price of 456.4 closing price of 454.05 lowest price of 451, in today's candlestick chart long power: 454.05-451 = 3.5; short power 456.4-454.05 = 2.35, it is clear that although the number 4 closed down the red candlestick chart, today's bulls are slightly stronger than the Short.

In the stock BAJFINANCE, short strength = high price 8159 - close price 8093 = 66; long strength = close price 8093 - low price 8057 = 36. Although it closed with an upward green line, the short side was stronger than the long side strength.

Next, we learn the significance of single candlestick charts or combinations in a staged market.

When the trend and the single candlestick indicate the same long and short forces, it means that the future single candlestick resonates with the trend, and the probability of running along the direction of the trend is greater.

1. Uptrend, as shown in the chart: uptrend is more dominant, indicating that the rise did not stop, we can see that when the price breakthrough A the long clearly began to perform strongly (Figure marked B) then the price rising the rising process of the long has been suppressed in the short!

2. Downtrend, as shown in the figure: downtrend of empty war superior the decline will continue. I use the simplest and intuitive up and down arrows to represent the power of the multiple and empty convenient for everyone to understand, learn today's method. I think that even if the price is low, you will not buy such a stock!

3. Buying opportunities and stop-loss judgment in the uptrend. 

The uptrend is the emergence of empty dominance there may be a rising relay or washout in the absence of a break below the neckline can be assured of holding and negative or you buy the opportunity.

4. Downtrend how to find escape opportunities and reversal opportunities

As shown in the figure: the downtrend in the A short is clearly dominant, in the long accounted for in the rebounding market B, the short once again dominant is to escape the opportunity to C, the market breakthrough in the pre-decline channel, the dominant can be light to buy, when the structure of the ascending channel E formation is obvious, the price of back to step on the trend line is not broken and the dominant to re-possess can be regarded as a signal to increase positions!

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When A. P. J. Abdul Kalam passed away in Shillong, the whole world mourned. But the real story came to light the next day in Delhi.

When A. P. J. Abdul Kalam passed away in Shillong, the whole world mourned. But the real story came to light the next day in Delhi.

His close associates arrived to open his room. Everyone was curious to see what wealth such a great scientist — a man who had served the government in top positions for 40 years and spent 5 years in the majestic Rashtrapati Bhavan on Raisina Hill — had left behind.

But when the room was opened, silence filled the air.

There was no locker. No luxury car keys. No foreign bank account passbook.

In a small trunk lying in the corner of the room, they found only this:

6 worn-out shirts and 4 trousers (which he used to wash himself)

3 old suits (one of them had been stitched when he became President and lasted him all 5 years)

1 wristwatch — punctual, yet far removed from showmanship

1 old laptop and 1 veena

And the most valuable possession of all: 2,500 books

That was the entire wealth of the man who helped make India a nuclear power.

Do you know what is even more astonishing?

The man whose signature could influence budgets worth billions never bought even an inch of land for himself.

Today, we wear shoes worth ₹2,000 and sunglasses worth ₹5,000 and consider ourselves rich. But that great soul, without any brands or extravagance, won the admiration of the entire world.

Even in death, Dr. Kalam left us with a mirror to look into — teaching us that:

“A person is remembered not for his status, but for his values and vision.”

If today you have a roof over your head and clothes to wear, then materially you may be richer than the President once was. But do you have a heart like his?

Countless salutations to this great soul and his simplicity.

: I am 51 yr old , Staying in NCR (Rental); Old Parental House in Lucknow (Vacant, To be sold later, Approx Cost - 60 L); *18.90 L PA salary (In hand), Expenses 10.0L PA (Inclusive of House expenses, Electricity , House rent , Term Insurance Premium, Medical + super Top up Premium, Car Loan for next 32 month etc), 2 Term plan - 1.75 Cr (Cummulative SI) ; Daughter (1 no, 20 yrs) - Higher Education & Marriage, Son (1 No, 13 yrs) - Higher Education & Marriage; New house to purchase (In Lucknow in next 5-6 years after selling the exisitng Parental house , Budget: 75L - 85L);; * Investments : PPF (25th Term Running): 24 L ; Sukhanya (Daughter's) : 4.5L; Shares : 10.0 L. I also earn approx 1-2 Lacs from Interest + Dividends which is again reinvested in SIP. * Monthly investment is 72K in Mutual Fund SIP

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51-Year-Old Looking to Retire With 10 Crores in 9 Years: Can You Help?

Ramalingam

Ramalingam Kalirajan |11262 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Oct 03, 2024

Ramalingam Kalirajan has over 23 years of experience in mutual funds and financial planning.

He has an MBA in finance from the University of Madras and is a certified financial planner.

He is the director and chief financial planner at Holistic Investment, a Chennai-based firm that offers financial planning and wealth management advice.... more

U Question by U on Oct 01, 2024

Money: I am 51 yr old , Staying in NCR (Rental); Old Parental House in Lucknow (Vacant, To be sold later, Approx Cost - 60 L); *18.90 L PA salary (In hand), Expenses 10.0L PA (Inclusive of House expenses, Electricity , House rent , Term Insurance Premium, Medical + super Top up Premium, Car Loan for next 32 month etc), 2 Term plan - 1.75 Cr (Cummulative SI) ; Daughter (1 no, 20 yrs) - Higher Education & Marriage, Son (1 No, 13 yrs) - Higher Education & Marriage; New house to purchase (In Lucknow in next 5-6 years after selling the exisitng Parental house , Budget: 75L - 85L);; * Investments : PPF (25th Term Running): 24 L ; Sukhanya (Daughter's) : 4.5L; Shares : 10.0 L. I also earn approx 1-2 Lacs from Interest + Dividends which is again reinvested in SIP. * Monthly investment is 72K in Mutual Fund SIP. SIP in Progress: DSP Elss D/G - 8000/- ; Nippon Mid Cap D/G - 5000/-; Nippon Multi Cap D/G - 8000/-; Parag Flexi Cap D/G - 5000/- ; Quant Elss D/G - 8000/- ; Mirae Elss D/G - 6000/- ; ICICI Pru Val Disc D/G - 7000/-; HDFC Def D/G - 5000/-; HDFC Flexi Cap D/G - 5000/-; HDFC Mfging D/g - 5000/-; HDFC Mid Cap opportunity D/G - 5000/- ; HDFC Top 100 D/G - 5000/- ; * SIP Completed lying dormant (Units available) : Axis Bluechip D/G - 4287 units; Axis Elss D/G - 8049 units; Axis Elss D/IDCW - 4342 units; Sundaram Mid Cap D/G - 1123 units; UTI Nifty 50 index D/G - 3021 units ; ABSL Frontline Equity D/G - 4763 units ; DSP Top 100 D/G - 2203 units ; HDFC Hybrid - 5862 units; HDFC Top 100 D/IDCW - 3640 units ; HSBC ELSS R/IDCW - 1840 units ; HSBC ELSS D/IDCW - 259 units ; ICICI Pru Bluechip D/G - 4267 units ; ICICI Pru Multi Asset D/G - 1775 units ; Mirae Large & Mid Cap D/G - 3395 units ; Mirae ELSS D/IDCW - 8861 units; Nippon Large Cap D/G - 9915 units; Nippn Elss D/IDCW - 12705 units ; Quantum Long Term Equity D/G - 9702 units; I have been Investing from 1998 onwards in SIP ; Till now total invested in SIP : 65L ; Current value is 1.84 Cr). My Wish List : To retire with approx 10CR after 9 years after fulfilling all my obligations; So please Suggest / Guide me , how to move forward with current investments or any restructure is reqd. Thanks in Advance.Ans: You have built a solid financial foundation over the years. Your investments reflect careful planning and a long-term perspective. With a salary of Rs 18.90 lakhs per annum and expenses of Rs 10 lakhs annually, you have a good balance between income and spending. Your approach to saving and investing is commendable.

Your investments are diversified across various asset classes, including mutual funds, fixed deposits, and shares. This diversification helps reduce risk and enhances the potential for returns. Moreover, your existing investments in PPF and Sukanya Samriddhi Yojana indicate a commitment to secure savings for your children’s future.

Your current monthly SIP of Rs 72,000 in mutual funds is a proactive strategy. You've been investing in various schemes for several years, which has allowed your portfolio to grow substantially. With a total investment of Rs 65 lakhs in SIPs and a current value of Rs 1.84 crores, you’ve demonstrated remarkable discipline.

Evaluating Your Investment Strategy

Your investment strategy is multifaceted, but there are areas that could benefit from evaluation. Let’s break down your investments:

SIP Investments: You are currently investing in several mutual funds across different categories. This diversification is essential to balance risk and return. However, with multiple funds in the same category, there could be an overlap in holdings, leading to dilution of potential returns.

Dormant Units: You have several completed SIPs that are now dormant but hold units in various mutual funds. These funds need careful review to determine whether they are performing adequately. If some funds have not delivered desired returns, it may be time to redeem and reinvest in better-performing options.

Future Financial Goals: You have clear financial goals for your daughter and son regarding their higher education and marriage. Additionally, you plan to purchase a new house in Lucknow. These are significant financial commitments that require careful planning and allocation of resources.

Current Insurance Coverage: You have two term insurance plans with a cumulative sum insured of Rs 1.75 crores. This coverage is essential for your family’s financial security. However, it is crucial to ensure that this coverage is sufficient based on your family's future needs, especially considering your children’s education and marriage.

Optimizing Your Investment Portfolio

To achieve your goal of accumulating Rs 10 crore in the next 9 years, a focused investment approach is necessary. Here are strategies to optimize your portfolio:

Consolidate Your ELSS Funds

You are currently investing in multiple ELSS schemes, which offer tax benefits while providing potential for growth. However, having too many funds can dilute your investment and complicate your financial strategy.

Recommendation: Select one or two high-performing ELSS funds that have consistently demonstrated strong performance. Focus on funds managed by reputable fund houses with a proven track record. This consolidation will help simplify your portfolio and improve overall returns.

Focus on Growth-Oriented Investments

Given your 9-year investment horizon, you have the opportunity to take on more risk for potentially higher returns.

Recommendation: Consider increasing your allocation to growth-oriented mid-cap and small-cap funds. These funds often outperform large-cap funds over the long term. However, they can be volatile, so regular monitoring and rebalancing are essential.

Review Sectoral and Thematic Funds

While sectoral funds can offer high returns, they are also risky and may not provide consistent performance.

Recommendation: Evaluate the performance of your sectoral funds. If any of these funds are underperforming or not aligning with your long-term strategy, consider reducing your exposure. Redirect those investments into diversified large-cap or multi-cap funds. These funds generally offer a more balanced approach and can help reduce overall portfolio risk.

Optimize Dormant Units

Your completed SIPs have left you with units in various funds. While some of these funds may still be performing well, others might not meet your expectations.

Recommendation: Review the performance of your dormant units. If some funds have consistently underperformed, consider redeeming them and reallocating those funds into better-performing options. Ensure you are aware of the tax implications of any redemptions, particularly long-term capital gains tax.

Tax Implications of Mutual Fund Investments

Understanding the tax implications of your investments is critical in optimizing your portfolio.

Equity Mutual Funds: Long-term capital gains (LTCG) exceeding Rs 1.25 lakh are taxed at 12.5%. Short-term capital gains (STCG) are taxed at 20%. When redeeming mutual fund units, consider these tax implications, especially if you're redeeming large amounts.

Debt Mutual Funds: Both LTCG and STCG for debt funds are taxed according to your income tax slab. This means that these funds could increase your tax liability. When managing your portfolio, always factor in these tax implications to make more informed decisions.

Future Financial Goals and Their Impact

Daughter’s Higher Education and Marriage: Since your daughter is now 20, her higher education and marriage are approaching quickly. It's crucial to have a clear plan to fund these significant expenses.

Recommendation: Start earmarking specific funds for her education and marriage. You can consider redeeming some of your ELSS units after the lock-in period to provide funds for these needs. Additionally, you may want to consider a dedicated equity fund that targets these specific goals.

Son’s Higher Education and Marriage: You have a longer time frame for your son’s financial needs. This gives you a more extended period to invest in growth-oriented mutual funds, which can lead to substantial capital accumulation.

Recommendation: Keep investing in high-growth mutual funds for your son’s future needs. By the time he is ready for higher education, your investments should have appreciated significantly.

New House Purchase: Your plan to purchase a new house in Lucknow in the next 5-6 years is an important financial goal.

Recommendation: Start saving for the down payment now by allocating a portion of your current savings into liquid or short-term debt funds. This will ensure you have the necessary funds available when you sell your parental house and need to make the purchase.

Monthly Investment and Saving Strategies

To support your goal of accumulating Rs 10 crore in 9 years, here’s how to maximize your monthly investments:

Increase SIP Contributions: If possible, consider increasing your SIP contributions gradually. Even a modest increase can significantly enhance your investment corpus over time.

Emergency Fund: Maintain an emergency fund to cover at least 6-12 months of your expenses. This fund will ensure you do not need to liquidate investments during market downturns.

Reassess Monthly Expenses: Regularly review your monthly expenses to identify areas where you can cut costs. Any savings can be redirected to your investments.

Utilize Additional Income: The additional income you earn from interest and dividends should also be reinvested. Consider channeling this income into your SIPs or purchasing additional units in mutual funds that align with your long-term goals.

Insurance Coverage Assessment

Your current insurance coverage of Rs 1.75 crores is a good start, but you need to evaluate if it is adequate.

Recommendation: Assess the total future liabilities you would want to cover. This includes your children’s education and marriage expenses and any outstanding loans. If you feel the current coverage is insufficient, consider increasing your term insurance coverage.

Health Insurance: Ensure you have adequate health insurance coverage for you and your family. The medical expenses can be significant, especially in the event of emergencies.

Final Insights

Your disciplined approach to investing has positioned you well for a comfortable retirement. By making a few strategic adjustments, you can optimize your portfolio to achieve your goal of Rs 10 crore in 9 years.

Review Regularly: Conduct regular reviews of your investment portfolio. This will help you stay on track and adjust your strategy as market conditions change.

Stay Informed: Keep yourself informed about market trends and economic changes. Knowledge is a powerful tool in managing your investments effectively.

Seek Professional Guidance: If needed, consult with a Certified Financial Planner for personalized advice. They can provide insights tailored to your unique financial situation and goals.

Your existing investments, combined with a well-structured plan, can help you achieve your retirement goal while fulfilling your family obligations.

Stay committed to your financial plan, and take the necessary steps to ensure your family’s financial future is secure.

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner

www.holisticinvestment.in

https://www.youtube.com/@HolisticInvestment

I am 48 year old with CTC of 35 Lac/annum and in hand salary of 2.07 Lac per month with below assets. I am currently living in Lucknow

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Ramalingam

Ramalingam Kalirajan |11262 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Jun 30, 2026

Ramalingam Kalirajan has over 23 years of experience in mutual funds and financial planning.

He has an MBA in finance from the University of Madras and is a certified financial planner.

He is the director and chief financial planner at Holistic Investment, a Chennai-based firm that offers financial planning and wealth management advice.... more

Pushpendra Question by Pushpendra on Jun 22, 2026

Money : I am 48 year old with CTC of 35 Lac/annum and in hand salary of 2.07 Lac per month with below assets. I am currently living in Lucknow. I am expecting a 4% of min hike in salary for every year. I am considering I will not change my job in upcoming years but may change also if I get good opportunity. My current household expenses are approx. 80k per month(excluding any investment) Current Savings are as below PPF--34.5 EPF--24 Lac with (37k getting added every month as EPF Deduction) Gold Coins/Jwellery (For Daughters Marriage)--40 Lac, Land Plot worth-22 Lac( Purchased as a investment for child education/marriage current price is approx 22 Lac) , Cash--30 Lacs, Mutual Funds 10 Lac I own a house without any home loan approx. 1 Cr Plus I already have a medical health insurance of 15 Lac. Current Investments are as below PPF-1.5 LAC/Year LIC-1.4 Lac/Year NPS-60000 Year TATA AIA Pension Secure-1.47 Lac/Year Plus below SIP are also there HDFC Flexicap fund--Rs 5000/Month HDFC Retirement Savings fund--Rs 5000/Month ICICI Prudential Manufacturing Fund--Rs 5000/Month ICICI Prudential India Opportunity Fund-- Rs 5000/Month SBI Multicap Fund--Rs 10000/Month LIC Index Fund--Rs 5000/Month I have a daughter age 14 year old in class IX. Please guide me if I am in good shape to get retire by 58-60 Years with 6 crore corpus( Plus is it corpus good enough)Ans: You have built a very strong financial base. At age 48, many people are still struggling with home loans, inadequate retirement savings and lack of financial clarity. In your case, you already have a debt-free house, healthy income, disciplined savings habits and multiple asset classes. That puts you in a good position for retirement planning.

» Where You Stand Today

– Annual income is strong.

– Household expenses are under control compared to your income.

– You have accumulated meaningful assets across EPF, PPF, gold, mutual funds and cash.

– No home loan burden.

– Medical insurance already in place.

– Daughter's future needs are already being considered.

– Most importantly, there appears to be a good monthly surplus available for wealth creation.

Overall, your financial foundation looks quite healthy.

» Is Rs 6 Crore A Realistic Retirement Goal?

– Based on your current age of 48 and retirement target of 58-60, you have around 10-12 years available.

– Looking at your existing assets, ongoing EPF contribution, annual investments and SIPs, reaching a retirement corpus of Rs 6 Crore appears achievable if discipline continues.

– In fact, depending on future salary growth, bonus income and periodic SIP increases, the final corpus could be higher than your target.

– The key is to review progress every year rather than waiting till retirement.

» Is Rs 6 Crore Enough?

– The answer depends on retirement lifestyle.

– Your current household expenses are around Rs 80,000 per month.

– Even after considering inflation over the next 10-12 years, a Rs 6 Crore corpus along with EPF, PPF and other assets should provide a comfortable retirement for many families.

– Since you own your residence, one major retirement expense is already taken care of.

– If retirement spending remains reasonable and there are no major financial shocks, Rs 6 Crore looks like a practical target.

– However, I would personally aim slightly higher than the minimum target. A larger cushion always provides greater flexibility.

» Cash Allocation Appears High

– You currently hold around Rs 30 Lakh in cash.

– Emergency reserves are important.

– However, excess cash beyond emergency requirements may lose purchasing power over time due to inflation.

– Review how much cash is genuinely needed for emergencies, daughter's education and near-term goals.

– Any surplus amount can be gradually aligned with long-term goals.

» Daughter's Education And Marriage Planning

– Your daughter is already 14 years old.

– Higher education funding will become a near-term goal within a few years.

– Gold and land earmarked for child-related goals provide comfort.

– However, education and retirement should be planned separately.

– Avoid compromising retirement corpus for future family expenses.

– Retirement loans are not available. Education loans are.

» Review The LIC Policy Carefully

– You are investing a meaningful amount annually in LIC.

– If this is an investment-oriented insurance plan rather than a pure protection plan, review its long-term efficiency.

– Many traditional insurance products provide limited wealth creation potential.

– If the policy analysis shows poor long-term value, surrender and reinvestment into suitable mutual fund investments may deserve consideration after evaluating surrender value, tax impact and policy benefits.

» Review The Pension Product

– Pension products often provide lower flexibility compared to a well-structured retirement portfolio.

– Since you already have EPF, PPF, NPS and mutual fund investments, review whether the pension product is truly adding value to your retirement strategy.

– A periodic review is worthwhile.

» My View On The Index Fund

– You currently hold an index fund allocation.

– Index funds follow a predefined benchmark and cannot take active calls.

– They buy stocks because they are part of the index, irrespective of valuation.

– They cannot reduce exposure to overheated sectors.

– They cannot identify opportunities outside the index universe.

– Actively managed funds have greater flexibility to:

Adjust sector exposure.

Focus on valuation opportunities.

Manage risks during changing market conditions.

Seek better risk-adjusted returns.

– For long-term wealth creation, a well-managed actively managed fund portfolio can offer advantages over a passive approach.

» Areas To Strengthen

– Increase SIPs whenever salary increases.

– Review asset allocation every year.

– Keep retirement corpus separate from daughter's goals.

– Review insurance products for efficiency.

– Avoid accumulating excessive idle cash.

– Ensure nomination and estate planning documents are updated.

– Prepare a retirement income strategy well before retirement.

» Final Insights

– You are in a much stronger position than many individuals of your age group.

– Based on the information shared, retirement at age 58-60 looks achievable.

– A Rs 6 Crore retirement corpus appears realistic and can support a comfortable lifestyle, especially with a debt-free home and controlled expenses.

– The biggest opportunity now is optimisation, not aggressive risk-taking.

– Focus on improving portfolio efficiency, reviewing insurance-linked investments and steadily increasing investments with every salary hike.

– Continue the same discipline for the next decade and your retirement journey should remain on a very strong track.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

https://www.linkedin.com/in/ramalingamcfp/