NIFTY DAILY OUTLOOK SEPT 16, 2010

On Wednesday, market opened on positive node, breaking all
resistance for the day and remained highly volatile thru out the
session. Tech and Oil & Gas sector attracted good buying and selling
pressure was seen in banking & cement sector. Midcap & Smallcap
index remain under selling pressure.

For the day, the level of 5840 and 5810 may act as a major support
for the market and the level of 5900 and 5920 may act as a major
hurdle. The next move in market will depend on credit policy.

The short term trend will turn negative below the level of 5640.

Day trader can go long on nifty above 5875 with stop loss 5855 for
target 5900 / 5920 and can go short below 5840 with stop loss 5860
for target 5810 / 5780.

INDEX RANGE

NIFTY: 5860.95
Range: 5810-5900
Resistance: 5875-5900-5920
Support: 5840-5810-5780

BANK NIFTY: 11987.60
Range: 11820-12120
Resistance: 12050-12100-12160
Support: 11935-11880-11820

Short term: Up (5640)
Medium term: UP (5470)
Long term: Up (5180)

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

Astro View on Nifty 16th September 2010

•During this week, Ganesha asks you to observe that in the time slot between 9:30 and 15:20, Nifty may be more on the upper side just for 15 minutes; while time slot around 12:45 may show a more downward trend. However, it's not confirmed.
•Gradually, there may come a situation, which can create panic, foresees Ganesha.
•From 9:05 to 10:15, initially Nifty will be flat to positive and later have a zero weightage. It will bring you at the same position you begun with. (0.00)
•From 10:15 to 12:30, Nifty may make you do jobbing on the down side, repeatedly.
•From 12:30 to 13:40, largecap may come handy to you.
•From 13:40 to 15:30, overall, the period is good. But there are chances of correction around 13:55 and 14:55.

Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH

NIFTY DAILY OUTLOOK SEPT 15, 2010

On Tuesday, market opened on positive node, breaking all resistance
for the day. However selling / profit booking was seen on higher
levels. Tech & Auto sector attract good buying thru out the day and
selling pressure was seen in banking sector.
Midcap & Smallcap Index closed down more then 0.5%

For the day, the level of 5780 and 5755 may act as a major support
for the market and the level of 5810 and 5840 may act as a major
hurdle. Profit booking may continue in banking sector.

The short term trend will turn negative below the level of 5640.

Day trader can go long on nifty above 5810 with stop loss 5790 for
target 5840/5855 and can go short below 5780 with stop loss 5800
for target 5755/5730.

INDEX RANGE

NIFTY: 5795.55
Range: 5755-5840
Resistance: 5810-5840-5855
Support: 5780-5755-5730

BANK NIFTY: 11928.30
Range: 11780-12120
Resistance: 11990-12040-12120Support: 11880-11820-11780

Short term: Up (5640)
Medium term: UP (5470)
Long term: Up (5180)

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

Astro View on Nifty 15th September 2010

•During this week, Ganesha asks you to observe that in the time slot between 9:30 and 15:20, Nifty may be more on the upper side just for 15 minutes; while time slot around 12:45 may show a more downward trend. However, it's not confirmed.
•Gradually, there may come a situation, which can create panic, foresees Ganesha.
•It's a day of high alert and of extreme price movements, foresees Ganesha.
•Take an exit till 9:30, advises Ganesha.
•From 9:30 to 11:25, Ganehsa predicts a W-shaped graph during this time period.
•From 11:25 to 12:45, the time is even more volatile; rather than being hypothetical, take practical judgements.

Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH

NIFTY DAILY OUTLOOK SEPT 14, 2010

On Monday, market opened gap up on strong IIP numbers and global
clues gave good support to the market and buying continued thru out
the day. However banking sector remain strong, during second half of
the session good buying was seen in realty sector.

For the day, the level of 5730 and 5715 may act as a major support
for the market and the level of 5785 and 5800 may act as a major
hurdle. Short / medium term trader can hold short position in nifty
with stop loss of three consecutive close above 5680. Day one close
above 5680

The short term trend will turn negative below the level of 5640.

Day trader can go long on nifty above 5770 with stop loss 5750 for
target 5785/5800 and can go short below 5745 with stop loss 5765
for target 5730 /5715.

INDEX RANGE

NIFTY: 5760
Range: 5730-5785
Resistance: 5770-5785-5800
Support: 5745-5730-5715

BANK NIFTY: 11872.8
Range: 11580-12125
Resistance: 11910-12010-12125
Support: 11790-11680-11580

Short term: Up (5640)
Medium term: UP (5470)
Long term: Up (5180)

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

Astro View on Nifty 14th September 2010

•Nifty may hover around the surface in the beginning. After staying at the surface for sometime, it may keep on changing trends later till 11:35.
•From 11:35 to 12:45, the time slot is risky. Do not make average as it seems as risky as catching a falling knife.
•From 12:45 to 14:00, the time is full of paradox of complexity. Overall, it will have a hold on the market.
•From 14:00 to 14:25, it's an unpredictable period.
•From 14:25 to 15:30, you will be highly confused, but will be able to do the business on the upper side.

Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH

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