Friday, May 21, 2010
SVP CHART UPDATE (last leg / panic fall) ::: Views Remain the Same ::: RESISTANCE & SUPPORT ::: BEAR & BULL FEAR ZONE ::: 21st MAY 2010
::(-_-):: SWING VOLUME PATTERN CHART ::(-_-):: ITS ALL ABOUT VOLUME GAME ::(-_-)::
VIEWS REMAIN THE SAME AS SAID YESTERDAY
SVP Chart Update (LAST LEG / PANIC FALL) : Last 3 to 6 days including todays volume data is indicating
Nifty Spot would bottom out near 4830(closing) or 4790(intraday)
Just last panic selling left out for creating panic & end of current fall / correction
IF STILL HOLDING REMAINING 50% CARRY SHORT
BOOK 25% NIFTY SHORT @ 4890 AND REMAINING 25% BTW 4870 - 4830
ONCE BOOK NIFTY @ 4890 MODIFY STOPLOSS FROM 4960 TO 4920
ONCE BOOK NIFTY @ 4890 MODIFY STOPLOSS FROM 4960 TO 4920
Day Resistance ::: 4960 / 4980 / 5025
Day Support ::: 4890 / 4870 / 4830
Nifty Trading Range :: 5115 - 4790
3 Days Trend Resistance comes at 5025 (above 5025 mild bullish)
5 Days Trend Resistance comes at 5120 (above 5120 very bullish)
Bear Fear Zone 5082 ::: Bull Fear Zone 5138
Bulls will have full control above 5138 and will fear the bears
Bears will have full control below 5082 and will fear the bulls
Nifty 100 day EMA :: 5096
Nifty 200 day EMA :: 4892
IF IN ANYCASE PANIC ARISE IN MARKET
NIFTY SPOT INTRADAY SUSTAIN BELOW 4830 CAN HIT 4790
CLOSING WOULD BE SURE ABOVE 4830
All Above Spot Levels
OM SHRI GANESHAYA NAMAH
Astro View on Nifty : 21st May 2010
•The day in May when Nifty will be highly volatile- 31st.
(Keep in mind that the yearly weightage "5201" is not supporting the Nifty)
•Be careful during this weak. There is likely to be a significant selling pressure at the Nifty.
(Keep in mind that the yearly weightage "5201" is not supporting the Nifty)
•Be careful during this weak. There is likely to be a significant selling pressure at the Nifty.
•The weightage for today is zero. It is a day for those who do jobbing. But playing at the stock market without proper tools can land you in trouble.
•Opening to 9:55- After showing a little stability at the opening period, Nifty will see sudden fall. Don't get fooled by the stable opening.
•9:55 to 11:35- Nifty will go up.
•11:35 to 13:00- Nifty will form a V-shaped graph.
•13:00 to 13:40- Nifty may fall.
•13:40 to 15:30- Nifty will first slowly move up and then gradually move back down.
•9:55 to 11:35- Nifty will go up.
•11:35 to 13:00- Nifty will form a V-shaped graph.
•13:00 to 13:40- Nifty may fall.
•13:40 to 15:30- Nifty will first slowly move up and then gradually move back down.
Source: GaneshaSpeaks
OM SHRI GANESHAYA NAMAH
Thursday, May 20, 2010
If dow manage to close below 10185 ... heading for / target 9820
Dow levels remain the same 10810 / 10560 / 10395 / 10310 / 10185 as eariler
If dow manage to close below 10185 ... CMP 10193 at 9:37pm IST day low 10116
heading for / target 9820 which was also achived last time on 6th may 2010
but due to data error ... was changed then again edited the next day
Those holding Nifty Short hold it with stop loss 4956 (Nifty Fut) ::: Nifty Spot sustain above 4960 can bring in good buying for the day
Those holding Nifty Short hold it with stop loss 4956 (Nifty Fut)
Nifty Spot sustain above 4960 can bring in good buying for the day
futher selling would only come once nifty spot sustain below 4920
Below 4920 Support comes at 4890 then 4870 & 4830
Above 4960 Resistance comes at 4980 then 5025
OM SHRI GANESHAYA NAMAH
NIFTY SHORT CARRY UPDATE ::: SVP CHART UPDATE ::: RESISTANCE & SUPPORT ::: BEAR & BULL FEAR ZONE ::: 20TH MAY 2010
::(-_-):: SWING VOLUME PATTERN CHART ::(-_-):: ITS ALL ABOUT VOLUME GAME ::(-_-)::
SVP Chart Update : Last 3 to 5 days including todays volume data is indicating
by 20th March or 21st March 2010
Nifty Spot would bottom out near 4830(closing) or 4790(intraday)
Just last panic selling left out for creating panic & end of current fall / correction
SVP Chart Update : Last 3 to 5 days including todays volume data is indicating
by 20th March or 21st March 2010
Nifty Spot would bottom out near 4830(closing) or 4790(intraday)
Just last panic selling left out for creating panic & end of current fall / correction
SHORT TAKEN ON 19TH MARCH 2010 BELOW 5025
BOOKED NIFTY 25% @4945 AND 25% @4920
FOR REMAINING 50% CARRY SHORT
BOOK 25% NIFTY SHORT @ 4890 AND REMAINING 25% BTW 4870 - 4830
ONCE BOOK NIFTY @ 4890 MODIFY STOPLOSS FROM 4960 TO 4920
ONCE BOOK NIFTY @ 4890 MODIFY STOPLOSS FROM 4960 TO 4920
Day Resistance ::: 4960 / 4980 / 5025
Day Support ::: 4890 / 4870 / 4830
Nifty Trading Range :: 5115 - 4790
3 Days Trend Resistance comes at 5025 (above 5025 mild bullish)
5 Days Trend Resistance comes at 5120 (above 5120 very bullish)
Bear Fear Zone 5082 ::: Bull Fear Zone 5180
Bulls will have full control above 5180 and will fear the bears
Bears will have full control below 5082 and will fear the bulls
Nifty 100 day EMA :: 5100
Nifty 200 day EMA :: 4890
IF IN ANYCASE PANIC ARISE IN MARKET
NIFTY SPOT INTRADAY SUSTAIN BELOW 4830 CAN HIT 4790
CLOSING WOULD BE SURE ABOVE 4830
All Above Spot Levels
OM SHRI GANESHAYA NAMAH
Now Start Buying All 4 Stocks recmd ::: For Minting Good Money ::: TATASTEEL / JSPL / DLF / KFA
::: SWING VOLUME PATTERN CHART ::: ::: ITS ALL ABOUT VOLUME GAME :::
Our Target on Nifty Spot 4900 hit (5375>>>4900)
Closing basis nifty is not below 4830 ... intraday (4790) may be possible
Next stop for nifty from 4830-4870 will be 5500-5600 (July 2010)
Now Start Buying All 4 Stocks recmd below ::: For Minting Good Money
TATASTEEL BWT 520-530 UPSIDE TRG PLUS RS. 200-250
JSPL BTW 610-625 UPSIDE TRG PLUS RS. 200-250
DLF BTW 260-280 UPSIDE TRG PLUS RS. 80-120
KFA BTW 42-46 UPSIDE TRG PLUS RS 20-30CAN ALSO BUY RELCAP BWT 620-650
ALL ABOVE CASH LEVELS
*IF IN ANY CASE NIFTY SPOT GIVE 2 DAYS CLOSING BELOW 4830
OUR VIEW CAN CHANGE & MARKET CAN ENTER BEAR ZONE
OM SHRI GANESHAYA NAMAH
Astro View on Nifty : 20 th May 2010
•The days in May when Nifty will be highly volatile- 20,31.
(Keep in mind that the yearly weightage "5201" is not supporting the Nifty)
(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 careful during this weak. There is likely to be a significant selling pressure at the Nifty.
•The weightage for today is zero. It is a day for those who do jobbing. But playing at the stock market without proper tools can land you in trouble.
•9:00 to 10:30- This period, like the rest of the day, will be without direction. Formulate your own strategy. Stay away from the market today. But if you can't, forget everything about the market fundamentals, advice of astrologers and experts, or anything related to market because it wont work. You will be purely banking on your individual luck.
•10:30 to 12:00- Nifty may go up.
•12:00 to 15:30- Nifty will go up. But there will be tremendous selling pressure.
•Carry, BTST or PTST should be avoided.
•9:00 to 10:30- This period, like the rest of the day, will be without direction. Formulate your own strategy. Stay away from the market today. But if you can't, forget everything about the market fundamentals, advice of astrologers and experts, or anything related to market because it wont work. You will be purely banking on your individual luck.
•10:30 to 12:00- Nifty may go up.
•12:00 to 15:30- Nifty will go up. But there will be tremendous selling pressure.
•Carry, BTST or PTST should be avoided.
Source: GaneshaSpeaks
OM SHRI GANESHAYA NAMAH
Wednesday, May 19, 2010
Bloomberg :: CLSA `Massively Underweight' Australia, Says India's Outlook is Attractive
CLSA `Massively Underweight' Australia, Says India's Outlook is Attractive
Australian equities will be the biggest losers in the Asia-Pacific region this year as a slowing Chinese economy cuts demand for commodities, according to CLSA Asia Pacific Markets.
"We are massively underweight Australia," Christopher Wood, the second-ranked Asia strategist in Institutional Investor magazine's annual poll, said in an interview yesterday in Shanghai. "Australia is perceived as an economy that is geared to China on the commodity side."
Australia's benchmark S&P/ASX 200 Index fell 1.5 percent today after rallying 20 percent in the past 12 months as Chinese expansion fueled demand for the nation's exports, including copper and iron ore. BHP Billiton Ltd., the world's largest mining company, has risen 13 percent in that time and Rio Tinto Group, the third-biggest, gained 32 percent. Both are based in Melbourne.
The S&P/ASX 200 has fallen 11 percent since reaching an 18- month high on April 15. Losses accelerated after the government said it will impose a 40 percent levy on the profits of raw- materials producers including BHP and Rio Tinto as part of the broadest overhaul of its tax system since World War II. The stock index had risen 11 percent between Feb. 9 and April 15 after posting a 7.5 percent retreat to start the year.
China, Australia's biggest export market and purchaser of iron ore, began unwinding stimulus measures this year to avert asset bubbles. China International Capital Co. cut its estimate for China's economic growth this year on May 10 to 9.5 percent from 10.5 percent, citing property tightening measures and overseas "uncertainties."
Mortgage Rates
The Chinese government raised mortgage rates and down payments in April to curb property price gains, while the central bank this month ordered banks to set aside more deposits as reserves for a third time in 2010.
"The impact of tightening is starting to affect other markets such as commodities," said Hong Kong-based Wood, who is CLSA's chief equity strategist.
Copper and aluminum for three-month delivery have slumped about 10 percent in London this month, while zinc has lost 16 percent and nickel dropped about 18 percent.
The S&P/ASX 200's valuation has increased to 14.4 times estimated 2010 profit at its companies, trailing only Japan as the highest among Asia-Pacific developed nations with more than $1 trillion in stock-market value, Bloomberg data show.
Indian equities have the most attractive outlook in Asia this year, Wood said. Annual growth may accelerate to 9 percent over the next five years, allowing the nation to overtake China as the world's fastest growing major economy, if the government maintains its pledge to rebuild infrastructure, he said.
Debt Fund
India said last week it's planning to set up a 500 billion rupee ($11 billion) debt fund to build ports, roads and bridges needed to drive economic growth. The nation doubled its target for infrastructure spending to $1 trillion in the five years starting 2012 to narrow the gap with China.
The economy, Asia's largest after Japan and China, probably expanded as much as 7.5 percent in the fiscal year ended March 31, and may grow 8 percent in the current year, Reserve Bank of India Governor Duvvuri Subbarao said April 27. The International Monetary Fund estimates India will expand 8.8 percent this year and 8.4 percent next year, more than it projected in January.
"India will grow faster than China over the next five years if infrastructure development happens," Wood said.
Australian equities will be the biggest losers in the Asia-Pacific region this year as a slowing Chinese economy cuts demand for commodities, according to CLSA Asia Pacific Markets.
"We are massively underweight Australia," Christopher Wood, the second-ranked Asia strategist in Institutional Investor magazine's annual poll, said in an interview yesterday in Shanghai. "Australia is perceived as an economy that is geared to China on the commodity side."
Australia's benchmark S&P/ASX 200 Index fell 1.5 percent today after rallying 20 percent in the past 12 months as Chinese expansion fueled demand for the nation's exports, including copper and iron ore. BHP Billiton Ltd., the world's largest mining company, has risen 13 percent in that time and Rio Tinto Group, the third-biggest, gained 32 percent. Both are based in Melbourne.
The S&P/ASX 200 has fallen 11 percent since reaching an 18- month high on April 15. Losses accelerated after the government said it will impose a 40 percent levy on the profits of raw- materials producers including BHP and Rio Tinto as part of the broadest overhaul of its tax system since World War II. The stock index had risen 11 percent between Feb. 9 and April 15 after posting a 7.5 percent retreat to start the year.
China, Australia's biggest export market and purchaser of iron ore, began unwinding stimulus measures this year to avert asset bubbles. China International Capital Co. cut its estimate for China's economic growth this year on May 10 to 9.5 percent from 10.5 percent, citing property tightening measures and overseas "uncertainties."
Mortgage Rates
The Chinese government raised mortgage rates and down payments in April to curb property price gains, while the central bank this month ordered banks to set aside more deposits as reserves for a third time in 2010.
"The impact of tightening is starting to affect other markets such as commodities," said Hong Kong-based Wood, who is CLSA's chief equity strategist.
Copper and aluminum for three-month delivery have slumped about 10 percent in London this month, while zinc has lost 16 percent and nickel dropped about 18 percent.
The S&P/ASX 200's valuation has increased to 14.4 times estimated 2010 profit at its companies, trailing only Japan as the highest among Asia-Pacific developed nations with more than $1 trillion in stock-market value, Bloomberg data show.
Indian equities have the most attractive outlook in Asia this year, Wood said. Annual growth may accelerate to 9 percent over the next five years, allowing the nation to overtake China as the world's fastest growing major economy, if the government maintains its pledge to rebuild infrastructure, he said.
Debt Fund
India said last week it's planning to set up a 500 billion rupee ($11 billion) debt fund to build ports, roads and bridges needed to drive economic growth. The nation doubled its target for infrastructure spending to $1 trillion in the five years starting 2012 to narrow the gap with China.
The economy, Asia's largest after Japan and China, probably expanded as much as 7.5 percent in the fiscal year ended March 31, and may grow 8 percent in the current year, Reserve Bank of India Governor Duvvuri Subbarao said April 27. The International Monetary Fund estimates India will expand 8.8 percent this year and 8.4 percent next year, more than it projected in January.
"India will grow faster than China over the next five years if infrastructure development happens," Wood said.
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