Astro View on Nifty : 17th May 2010

•The days in May when Nifty will be highly volatile- 17,18,20,31.
(Keep in mind that the yearly weightage "5201" is not  supporting the Nifty)

•Investors can slowly buy till May 19, 2010.
•Be careful during this weak. There is likely to be a significant selling pressure at the Nifty.

 Be particularly careful on May 20, 2010.
•From opening to 9:15- Nifty will hover around the surface before falling. Don't trust the the opening period.
•9:15 to 10:25- Nifty may go down.
•10:25 to 13:25- Nifty may move up.
•13:25 to the end of the trading day? This time slot will see a lot of ups and downs at Nifty. The overall strength is not too good.

Source: GaneshaSpeaks

:: NIFTY SPOT ::: SWING VOLUME PATTERN CHART ::: MAY BE COULD NOT UPDATE LIVE DURING MRT HRS

::: SWING VOLUME PATTERN CHART :::
::: ITS ALL ABOUT VOLUME GAME ::: 

DATE                  NSE VOLUME
7th May 2010      233,345,722 -VE DOWN
10th May 2010    191,632,764 +VE UP
11th May 2010    168,751,932 -VE DOWN

12th May 2010    187,111,358 +VE UP

13th May 2010    179,378,582 +VE UP

14th May 2010    144,381,001 -VE DOWN

AS PER THE OBSERVATION / STUDY ON SVP CHART
LAST FEW DAY VOLUME INDICATING NIFTY NEAR / ALMOST IN END OF THE DOWN FALL

IT'S AN SIGN OF REVERSAL

BUT THE PICTURE WOULD BE CLEAR BY TODAY I.E. 17TH MAY 2010 MONDAY & TUESDAY CLOSING

TODAY WE EXPECTING GAP DOWN NEARLY BTW -0.80% TO - 1.20%

REST ALL INFORMATION POSTED IN PREV POST

I HAVE JUST CAME BACK HOME FROM FRNDS WEDDING

SO HAVE NO IDEA IF WOULD ABLE TO UPDATE LIVE VIEWS TODAY OR NOT

PLZ DO REF THE IMP NOTE GIVEN IN PREV POST HAVE ALSO MENTION BELOW AGAIN

WE KEEP OUR DOWNSIDE TARGET ON NIFTY OF 4900 INTACTclosing basis nifty is not below 4830 ... intraday may be possible

Start buying near / below 4900 level's all four stocks we have recmd level & trg on blog 

Note: IMP :: Must Read (if we are unable to update live during market hrs)

If in a case nifty try to hit / come near 4980 and does not sustain below the same

on bounce back just exit from short's on nifty future or any other stock future

and wait for higher levels for re-entering...... will keep on updating

as such time does not wait for anyone so have to keep an active eye on the market watch

wish you all best

OM SHRI GANESHAYA NAMAH

Views on Nifty and Road Map Ahead ::: Monday 17th May 2010

On monday nifty should open gap down btw -0.8% to -1.2%

Sgx nifty closed at 5020 on friday made intraday low of 5001

Another successful trade on nifty avg short 5157 (5120 + 5195) & exit from 5200 call

On friday intraday was getting nearly 100 points on nifty short, but we did not booked

We are Still carrying short's in nifty future  and as advised hope all are going along with us

do you remb tatasteel 590>>>>>545 :::: alert send on wenesday late night

::: SWING VOLUME PATTERN CHART :::
::: ITS ALL ABOUT VOLUME GAME :::
Shortly would be update on SVP chart also 

Level to watch out for Monday 5030 on nifty spot

If sustain below 5030 can add Fresh short's on nifty for intraday only

with Stop loss 5060 on nifty spot

Carry Shorts only if nifty spot manage to close below 4980

we will update the same during market hrs on groups & blog 

Day resistance at 5080 and 5120
Day support at 5030 / 4980 / 4920

Stop loss for short 5120 ... last hope for bulls 4980

Nifty 100 day EMA :: 5104  

Nifty 200 day EMA :: 4888

Weekly Resistance :::: Close Above 5196 target 5297 / 5381 ::: Stop loss 5110

Weekly Support :::: Close Below 5008 target 4925 / 4824 ::: Stop loss 5110

Note: IMP :: Must Read (if we are unable to update live during market hrs)

If in a case nifty try to hit / come near 4980 and does not sustain below the same

on bounce back just exit from short's on nifty future or any other stock future

and wait for higher levels for re-entering...... will keep on updating

as such time does not wait for anyone so have to keep an active eye on the market watch

wish you all best 

Still we keep our target of 4900 on nifty intact

closing basic nifty is not below 4830 ... intraday may be possible

Start buying near / below 4900 level's all four stocks we have recmd level & trg on prev post

OM SHRI GANESHAYA NAMAH

Markets likely to close negative in MAY 2010

Markets likely to close negative in MAY.

Every alternate year Nifty have closed negative.

LAST HOPE FOR BULLS WATCH OUT 5104 ON SPOT ::: SUSTAIN BELOW MINOR SUPPORT AT 5080 THEN 5030

NIFTY SPOT TRADING & SUSTAINING BELOW BEAR FEAR ZONE 5142

LIVE NIFTY INTRADAY REALTIME SPOT CHART 14th MAY 2010

Nifty Eod Chart : Views / Road Map Ahead: As said will not sustain at Higher level's .... Tata Steel 593>>572 ::: hope minted money

 

Day resistance at 5185 and 5214
Day support at 5156 / 5142 / 5120 / 5104
long stop loss 5142 ... last hope for bulls 5104

Bull Fear Zone 5214 :::: Bear Fear Zone 5142

Bulls will have full control above 5214 and will fear the bears

Bears will have full control below 5142 and will fear the bulls

If nifty spot manage to close above 5214 we need to exit short's...

Even today Nifty Spot just bounce back from resistance level - day high 5112.7

hope added fresh short's near 5195

so now the avg short is at ((5120+5195)/2) avg 5157

and hope also booked nifty 5200 call we bought to hedge nifty on monday as guided yesterday

tatasteel told to short at higher levels yesterday close was 584.45

today high was 593 then made a day low 572 ..

hope few minted money :: but we could not...

sorry all was not there since morning to guide / update & give views

coz got bit busy due 2 days pending work .. as was on bed rest for 2 days

Start Buying Near / Below 4900 level

Closing basis Nifty spot not below 4830

On fall we would be buying just four stocks

1) Jindal Steel & Power ::: btw 610-630 (expect upmove of 200-250)

2) Tata Steel ::: btw 520-535 (expect upmove of 200-250)

3) DLF ::: btw 265-280 (expect upmove of 80-120)

4) KFA ::: btw 43-46 (expect upmove of 20-25)

Astro View on Nifty : 14th May 2010

•The days in May when Nifty will be highly volatile- 17,18,20,31.
(Keep in mind that the yearly weightage "5201" is not  supporting the Nifty)

•Investors can slowly buy till May 19, 2010.
•From opening to 10:10, Nifty is likely to make a V-shaped graph. So position yourself accordingly.
•10:05 to 10:35- Nifty can undergo some correction.
•10:35 to 13:35- Nifty is likely to move up step-by-step but beware of a steep dip sometime during the period.
•13:35 to the end of trading day- Nifty will move downwards.

Source: GaneshaSpeaks

LIVE NIFTY INTRADAY REALTIME SPOT CHART 13th MAY 2010