NIFTY DAILY OUTLOOK OCT 18, 2010

On Friday, since opening bell till the closing session market was under heavy selling pressure, all indices closed in red however as expected IT sector had a major sell-off. Volume for the day was quite low. Market breadth was negative. Midcap and Small caps index closed in negative. For this week market would be heading for 5900 if remains below 6090, look for buying only if market manage to give closing above 6125.

For the day, the level of 6040 and 6015 may act as a major support for the market and the level of 6100 and 6125 may act as a major hurdle. Market will be flat to negative. Banking and Auto may attract profit booking. Be cautious at higher levels.

The short term trend will turn negative below the level of 6050.

Day trader can go long on nifty above 6100 with stop loss 6070 for target 6125 / 6150 and can go short below 6040 with stop loss 6070 for target 6015 / 5990.

INDEX RANGE

NIFTY: 6062.65
Range: 6015-6125
Resistance: 6100-6125-6150
Support: 6040-6015-5990

BANK NIFTY: 12346.50
Range: 12180-12510
Resistance: 12395-12455-12510
Support: 12290-12230-12180

Short term: Up (6050)
Medium term: UP (5760)
Long term: Up (5180)

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

Astro View on Nifty 18th October 2010

•Consider 10 minutes plus and minus in each prediction and act accordingly.
•Ganesha advises you to compare the next prediction with the prediction of the previous time slot.
•Like Ganesha had predicted earlier on 4th October, 2010 that while some days in October would be too favourable, some would be extremely unfavourable, and did you notice? It happened just like that.
•Ganesha had given certain dates to you for intraday trading, and you must have noticed that the market had behaved as Ganesha had foretold for those dates.
•8 (-16 points), 13 (143 points), 14 (-56 points), 15 (-114 points)

•Dates for intraday trading: 8, 13, 14, 15, 18, 20, 26, 28, 29
•Ganesha had sighted the importance of the past zero weightage in the first prediction of October. Friends, since then NIFTY has been up and down by just thirty three points. Did you gain anything during these fifteen days?
•Strictly on the basis of astrology, these predictions are calculated one week in advance.  Also, you can see that even when the statistical data of gold price, crude oil price, inflation, FII, DII or IIP are not taken into consideration, the predictions are very accurate.
•While you need to be careful during the dates 18th, 19th and last week of the month, you will be able to hold the psychological figure for rest of the dates.
•The Sun has entered its own deblited sign, and as a result pharmaceutical, energy, tobacco and government taking sector will remain in news.
•Ganesha had asked you to avoid any BTST or PTST. Now, you must have understood the importance of that advice.
•From 11:35 to 13:20 NIFTY will display mixed pattern.
•With frequent changes in pattern, NIFTY will retain strength from 13:20 to 15:30 and will feel the selling pressure at the end.

Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH

NIFTY SPOT CLOSE BELOW 6090 TODAY I.E 15/10/2010 AS WELL AS ON MONDAY I.E 18/10/2010 WOULD BE A CONFIRMATION FOR TARGET 5925-5885 ON NIFTY SPOT 13 DAY MA @ 6118 YESTERDAY CLOSING / TODAY CLOSING WILL BE @ 6125

OM SHRI GANESHAYA NAMAH

NIFTY DAILY OUTLOOK OCT 15, 2010

On Thursday, market opened positive making higher highs but as expected profit booking came in from higher levels, mostly all indices were in red with heavy selling however IT and Metals out performed. Banking, Capital Goods and Oil & Gas were under selling pressure. Volume for the day was lower then last session. Market breadth was negative. Midcap and Smallcaps index closed in negative.

For the day, the level of 6145 and 6120 may act as a major support for the market and the level of 6205 and 6230 may act as a major hurdle. Market would be range bound with flat to negative. IT sector may attract profit booking.

The short term trend will turn negative below the level of 6050.

Day trader can go long on nifty above 6205 with stop loss 6175 for target 6230 / 6260 and can go short below 6145 with stop loss 6175 for target 6120 / 6090.

INDEX RANGE

NIFTY: 6177.35
Range: 6120-6230
Resistance: 6205-6230-6260
Support: 6145-6120-6090

BANK NIFTY: 12598.80
Range: 12435-12775
Resistance: 12665-12720-12775
Support: 12545-12490-12435

Short term: Up (6050)
Medium term: UP (5760)
Long term: Up (5180)

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

Astro View on Nifty 15th October 2010

•Consider 10 minutes plus and minus in each prediction and act accordingly.
•Ganesha advises you to compare the next prediction with the prediction of the previous time slot.
•The situation is very similar to what predictions Ganesha made on 12th October, 2009. Well, these are the advantages of astrology.
•Dates for intraday trading: 8, 13, 14, 15, 18, 20, 26, 28, 29
•From today onwards, don't rely on the opening till Ganesha gives you any indication. Forget about BTST and PTST calls.
•Without worrying about the American job data, till 10:40 in India, Nifty will be somewhere around the surface or may be slightly negative.
•Don't prepare your portfolio according to the European Bank or Bank of England. Move ahead with your kundali.
•There will be fluctuation on both sides- smallcap as well as midcap. You are advised to focus on the share you are interested in

Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH

NIFTY DAILY OUTLOOK OCT 14, 2010

On Wednesday, market opened positive and traded higher thru out the day. Almost all sector performed well. IT index out performed whereas Metal index under performed. Market breadth was positive.
Volume for the day was higher then past few sessions. Midcap and Smallcaps index closed up with 1% of gains.

For the day, the level of 6200 and 6175 may act as a major support for the market and the level of 6260 and 6285 may act as a major hurdle. Market may be highly volatile and be cautious at higher levels as profit booking may come.

The short term trend will turn negative below the level of 6050.

Day trader can go long on nifty above 6260 with stop loss 6230 for target 6285 / 6310 and can go short below 6200 with stop loss 6230 for target 6175 / 6150.

INDEX RANGE

NIFTY: 6233.90
Range: 6170-6285
Resistance: 6260-6285-6310
Support: 6200-6175-6150

BANK NIFTY: 12745
Range: 12290-12620
Resistance: 12780-12830-12880
Support: 12710-12660-12610

Short term: Up (6050)
Medium term: UP (5760)
Long term: Up (5180)

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

Astro View on Nifty 14th October 2010

•Consider 10 minutes plus and minus in each prediction and act accordingly.
•Ganesha advises you to compare the next prediction with the prediction of the previous time slot. 
•The situation is very similar to what predictions Ganesha made on 12th October, 2009. Well, these are the advantages of astrology.
•Dates for intraday trading: 8, 13, 14, 15, 18, 20, 26, 28, 29
•People with Aries, Leo and Taurus as their Moon-signs should wear gold and refer to their kundali as well.
•From 9:00 to 10:57,  Nifty is likely to change from strong to soft and soft to strong frequently. Hence, Ganesha advises you to follow whatever the undertone says.
•From 10:57 to 11:49, Nifty may go up, displaying a mixed pattern

Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH

NIFTY DAILY OUTLOOK OCT 13, 2010

On Tuesday, market opened lower with continues selling pressure. IIP numbers was below market expectation which made the market breadth further negative and with an increase in volatility. Some buying came during final hour of closing session which helped market to shed some loses. Capital Goods, Realty and Metals were under selling pressure whereas Banking and IT was under profit booking. Volume for the day was quite low. Market breadth was negative. Midcap and Smallcaps index closed in red.

For the day, the level of 6065 and 6040 may act as a major support for the market and the level of 6115 and 6140 may act as a major hurdle. Be cautious at higher levels.

The short term trend will turn negative below the level of 5945.

Positional trader can hold nifty short position with stop loss 6225 closing basis for target 5990-5970 & 5925-5885.

No Trading call for the day.

INDEX RANGE

NIFTY: 6090.90
Range: 6040-6140
Resistance: 6115-6140-6165
Support: 6065-6040-6015

BANK NIFTY: 12461.80
Range: 12290-12620
Resistance: 12510-12565-12620
Support: 12390-12340-12290

Short term: Up (5945)
Medium term: UP (5760)
Long term: Up (5180)

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

Astro View on Nifty 13th October 2010

•Consider 10 minutes plus and minus in each prediction and act accordingly.
•Ganesha advises you to compare the next prediction with the prediction of the previous time slot.
•Take the graph of November by email.
•The situation is very similar to what predictions Ganesha made on 12th October, 2009. Well, these are the advantages of astrology.
•Dates for intraday trading: 8, 13, 14, 15, 18, 20, 26, 28, 29
•From 9:00 to 9:55, Nifty may hover around the surface, though risky, it will be on the upper side.
•From 9:55 to 10:45, there may be a downward trend at Nifty.
•From 10:45 to 15:30, FII, M.F and local investors may do buying in particular scrips, but do keep in mind that the weightage does not support it.

Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH

FOUR POSITIONAL SELL TRADING CALLS PNB / SBIN / HINDALCO / STER

POSITIONAL SELL PNB (CASH LEVELS)
BELOW 1310 (CLOSING REQUIRED)
STOPLOSS 1340 TARGET 1230 / 1160

POSITIONAL SELL SBIN (CASH LEVELS)
BELOW 3220 (CLOSING REQUIRED)
STOPLOSS 3285 TARGET 3100-3080

POSITIONAL SELL HINDALCO (CASH LEVELS)
BELOW 211 (CLOSING REQUIRED)
STOPLOSS 219 TARGET 190 /184

POSITIONAL SELL STER (CASH LEVELS)
180-178 STOPLOSS 184 TARGET 174 / 170

OM SHRI GANESHAYA NAMAH