WHEN PROFITS COME TOO EASILY, IT IS TIME TO REDUCE RISK..........

Astro View on Nifty 13th September 2010

•From 9:05 to 9:45, keeping stop-loss at Nifty, you will be able to work on the upper side.
•From 9:45 to 12:45, there is risk at Nifty; deal in specific scrips. There are chances of overall market breadth being negative.
•From 12:45 to 15:30, Nifty may make you do jobbing through the strength of your analytical abilities, news and delivery.

Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH

DAILY TRADING CALLS SEPT 13, 2010

INTRADAY BUY TATASTEEL (CASH LEVELS)
ABOVE 597 STOPLOSS 589 TARGET 602 / 607 / 612

INTRADAY BUY ONGC (CASH LEVELS)
ABOVE 1360 STOPLOSS 1347 TARGET 1372 / 1377 / 1385

INTRADAY BUY INDIAINFO (CASH LEVELS)
ABOVE 102.40 STOPLOSS 101.20 TARGET 103.50 / 104.55 / 105.70

INTRADAY BUY NAGARFERT (CASH LEVELS)
ABOVE 32.50 STOPLOSS 31.80 TARGET 33 / 33.60 / 34.20

INTRADAY SELL RELINFRA (CASH LEVELS)
BELOW 1004 STOPLOSS 1017 TARGET 994 / 989 / 983

INTRADAY SELL RELMEDIA (CASH LEVELS)
BELOW 207 STOPLOSS 210 TARGET 205 / 204 / 202

OM SHRI GANESHAYA NAMAH

NIFTY DAILY OUTLOOK SEPT 13, 2010

On Thursday, market opened gap up on global clues and took
resistance at 5640. In the first-half market remain under selling
pressure, during second-half buying came in the market but not
much volume was seen on up-side and near closing bell market went
under profit booking as expected.

For the day, the level of 5625 and 5605 may act as a major support
for the market and the level of 5660 and 5680 may act as a major
hurdle. Short / medium term traders are advisable to book profit in
long position. Short / medium term trader can start building short
position in nifty above 5600 level in parts with stop loss of three
consecutive close above 5680.

The short term trend will turn negative below the level of 5570.
No trading call for the day

INDEX RANGE

NIFTY: 5640.05
Range: 5605-5680
Resistance: 5660-5680-5695
Support: 5625-5605-5585

BANK NIFTY: 11446.70
Range: 11260-11580
Resistance: 11480-11530-11580
Support: 11370-11310-11260

Short term: Up (5570)
Medium term: UP (5470)
Long term: Up (5180)

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

DAILY TRADING CALLS SEPT 9, 2010

INTRADAY BUY ABAN (CASH LEVELS)
ABOVE 825 STOPLOSS 810 TARGET 835 / 841 / 847

INTRADAY BUY BHEL (CASH LEVELS)
ABOVE 2445 STOPLOSS 2430 TARGET 2455 / 2463 / 2471

INTRADAY BUY JINDAL STEEL & POWER
ABOVE 715 STOPLOSS 703 TARGET 725 / 731 / 736

INTRADAY BUY EDUCOMP (CASH LEVELS)
ABOVE 574 STOPLOSS 565 TARGET 581 / 587 / 596

INTRADAY BUY IDFC (CASH LEVELS)
ABOVE 186 STOPLOSS 183.5 TARGET 190 / 193

INTRADAY BUY SESAGOA (CASH LEVELS)
ABOVE 318 STOPLOSS 314 TARGET 321 / 324 / 326

OM SHRI GANESHAYA NAMAH

NIFTY DAILY OUTLOOK SEPT 9, 2010

On Wednesday, market opened gap down on global clues and took
support near 5560. In the first-half of session nifty traded in a range
5575-5595, during second-half of session nifty manage to hit
resistance levels but could not sustain on higher levels and went
under heavy profit booking as expected. Volume for the day went
down nearly 25% from previous trading session.

For the day, the level of 5580 and 5560 may act as a major support
for the market and the level of 5625/5640 may act as a major hurdle.
Short / medium term traders are advisable to start booking profit in
long position. Short / medium term trader can start building short
position in nifty above 5600 level in parts with stop loss of three
consecutive close above 5680.

The short term trend will turn negative below the level of 5530.

Day trader can go long on nifty above 5615 with stop loss 5590 for
target 5640/5660 and can go short below 5580 with stop loss 5605
for target 5560/5545.

INDEX RANGE

NIFTY: 5607.85
Range: 5560-5640
Resistance: 5625-5640-5660
Support: 5580-5560-5530

BANK NIFTY: 11190
Range: 11050-11380
Resistance: 11265-11320-11380
Support: 11155-11100-11050

Short term: Up (5530)
Medium term: UP (5470)
Long term: Up (5180)

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

Astro View on Nifty 9th September 2010

•Consider 10 minutes plus and minus in each prediction and act accordingly.
•From 9:05 to 13:00, Nifty may show strength in the beginning; there is no clear trend thereafter.
•From 13:00 to 14:10, there may be a buying trend in volume and value-based scrips.
•From 14:10 to 14:30, Nifty may slip down for 30 minutes. A very short time and not reliable enough.
•From 14:30 to 15:10, Nifty may bounce up.
•From 15:10 to 15:30, Nifty may be flat to negative. Overall, a dull day.

Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH

NOTE DOWN THESE NIFTY SPOT LEVELS 5510>>5470>>5430>5350>5180>>4920 ONCE ONE LEVEL IS BROKEN AND CLOSE BELOW WILL MOVE FOR NEXT LEVEL .... USE EVERY RISE ABOVE 5600 TO ACCUMULATE SHORT WITH STOPLOSS OF THREE CONSECUTIVE CLOSE ABOVE 5680 NIFTY SPOT

as told eariler also from end of sept 2010 better say start oct 2010 to early dec 2010 we would be in down trend

so trade according if buying put options

and kingdom is / was not build in a single day it takes time.................conti......

DAILY TRADING CALLS SEPT 8, 2010

INTRADAY SELL ICICIBANK (CASH LEVELS)
BELOW 1028 STOPLOSS 1045 TARGET 1018 / 1010 / 1004

INTRADAY SELL BANKNIFTY (SPOT LEVELS)
BELOW 11170 STOPLOSS 11215 TARGET 11130 / 11008 / 10985

INTRADAY SELL HDFCBANK (CASH LEVELS)
BELOW 2186 STOPLOSS 2201 TARGET 2168 / 2156 / 2145

INTRADAY BUY NEYVELILIGNITE (CASH LEVELS)
ABOVE 163 STOPLOSS 160 TARGET 166 / 167.50 / 169

INTRADAY BUY RENUKA (CASH LEVELS)
ABOVE 73.30 STOPLOSS 71 TARGET 74.60 / 75.40 / 77

INTRADAY BUY SESAGOA (CASH LEVELS)
ABOVE 323.50 STOPLOSS 318 TARGET 326.20 / 328.70 / 331

INTRADAY BUY  BALRAMCHIN (CASH LEVELS)
ABOVE 91.60 STOPLOSS 89.50 TARGET 92.50 / 93.20 / 94.20

OM SHRI GANESHAYA NAMAH

NIFTY DAILY OUTLOOK SEPT 8, 2010

On Tuesday, market opened flat on global clues, during the whole
session nifty was trading in a range 5575-5595, during last hour of
session nifty manage to hit resistance levels of 5605/5630 , but could
not sustain and last 15 minutes went under heavy profit booking as
expected. Nifty 5700 calls added huge open interest, the move in
nifty and so much volatility in nifty sept 5700 call options led to a
conclusion of huge call writing in nifty sept 5700 call option.

For the day, the level of 5580 and 5560 may act as a major support
for the market and the level of 5615/5640 may act as a major hurdle.
Short / medium term traders are advisable to start booking profit in
long position. Short / medium term trader can start building short
position in nifty above 5600 level in parts with stop loss of three
consecutive close above 5680.

Day trader can go long on nifty above 5615 with stop loss 5480 for
target 5640/5660 and can go short below 5580 with stop loss 5605
for target 5560 /5545.

INDEX RANGE

NIFTY: 5604

Range: 5560-5640
Resistance: 5615-5640-5660
Support: 5580-5560-5530

BANK NIFTY: 11193

Range: 11050-11380
Resistance: 11265-11320-11380
Support: 11155-11100-11050

Short term: Up (5530)

Medium term: UP (5470)
Long term: Up (5180)

All Above Spot Levels

OM SHRI GANESHAYA NAMAH