NIFTY DAILY OUTLOOK OCT 21, 2010

On Wednesday, market open flat and traded in the range however during final hour of the session selling came in all the indices which led the market fall sharply from the day high and closed in red. Market breached and closed below the psychological level of 6000. Metals and Realty had a major sell-off. Overall it was a highly volatile trading session. Volume for the day was quite low. Market breadth was negative. Midcap and Small caps index closed down in red.

For the day, the level of 5965 and 5935 may act as a major support for the market and the level of 6020 and 6045 may act as a major hurdle. Market will be range bound. Realty and Oil & Gas may attract selling, Metals may attract buying. Be cautious at higher levels.

The short term trend will turn positive above the level of 6130.

Day trader can go long on nifty above 6020 with stop loss 5990 for target 6045 / 6070 and can go short below 5960 with stop loss 5990 for target 5935 / 5910.

INDEX RANGE

NIFTY: 5982.10
Range: 5935-6045
Resistance: 6020-6045-6070
Support: 5960-5935-5910

BANK NIFTY: 12176.50
Range: 11980-12350
Resistance: 12245-12295-12350
Support: 12090-12030-11980

Short term: Down (6130)
Medium term: UP (5760)
Long term: Up (5180)

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

Astro View on Nifty 21st 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: 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.
•Today and tomorrow will be ambiguous, with unexplainable fear and feelings. You will get confused and irritated while deciding about buying and selling.
•10:18, 11:36, 12:28, 14:51 ? these will be major turning points in the NIFTY.
•Nifty may make you do soft jobbing from the opening till 9:52.
•Short covering is expected from 9:52 to 10:31, but only Ganesha knows what will actually happen.
•If on the above mentioned times the market behaves according to the predictions, Ganesha says, rest of the day will only be about collecting wealth. 

Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH

Bullish Bear Pattern

A bullish harami in a downtred is a bearish pattern when the low breaks [19870]

This occurred in May 2006 and is happening today. I have seen it in stocks

too and it usually leads to a deep sell off in the coming days/weeks. Watch out.

Source : IndiaCharts

OM SHRI GANESHAYA NAMAH

NIFTY IN NO TRADE ZONE IT'S A SELL BELOW 5990 AND BUY ABOVE 6045 SPOT LEVELS

Day trader can go long on nifty above 6045 with stop loss 6015 for target 6075 / 6090 and can go short below 5990 with stop loss 6015 for target 5960 / 5935.

NIFTY DAILY OUTLOOK OCT 20, 2010

On Tuesday, market open flat and traded in the range however during final hour of trading session due to heavy selling / profit booking in IT, Realty, Bank and Metals led the market shed all gains for the day and closed down in red, even failed to breach the level of 6130 and closed below 6090 in short market will be heading for the levels 5925-5885. Volume for the day was slightly lower then last trading session. Market breadth was negative. Midcap and Small caps index closed flat.

For the day, the level of 5990 and 5960 may act as a major support for the market and the level of 6045 and 6075 may act as a major hurdle. Market will be negative and will trade in a range. Oil & Gas, Realty and Banks may attract profit booking.

The short term trend will turn positive above the level of 6130.

Day trader can go long on nifty above 6045 with stop loss 6015 for target 6075 / 6090 and can go short below 5990 with stop loss 6015 for target 5960 / 5935.

INDEX RANGE

NIFTY: 6027.30
Range: 5960-6075
Resistance: 6045-6075-6090
Support: 5990-5960-5935

BANK NIFTY: 12245.70
Range: 12075-12410
Resistance: 12300-12355-12410
Support: 12185-12130-12075

Short term: Down (6130)
Medium term: UP (5760)
Long term: Up (5180)

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

Results Calendar For 20 / 21 / 22 Oct 2010

20th Oct 2010

Ashok Leyland, Canara BankHCL TechJubilant Org, Power Grid Corp, Tanla Solutions, RPG Life, Pidilite Inds, Yes Bank, Hindustan Zinc

21st Oct 2010

Allahabad Bank, Alstom Projects, Indiabulls Fin, Novartis India, TVS Motor, Wipro, TCS, SKF India, Sterlite Tech, Sasken Comm

22nd Oct 2010

Bank of India, Biocon, Chennai Petro, Finolex Inds, Indian Bank, Kirloskar Oil, NIIT, Wipro, Tata Elxsi, Sobha Dev

OM SHRI GANESHAYA NAMAH

Introduction of futures and options contracts on 23 additional individual

With reference to SEBI circular SEBI/DNPD/Cir-31/2006 dated September 22, 2006, NSE circular NSE/F&O/029/2009 dated April 21, 2009 and subsequent approval received from SEBI, members are hereby notified that the following 23 additional securities will be available for trading in F&O segment with effect from October 29, 2010:

S.NO SYMBOL NAME OF THE SECURITY

1 3IINFOTECH 3I INFOTECH LIMITED

2 ALOKTEXT ALOK INDUSTRIES LIMITED

3 BAJAJHLDNG BAJAJ HOLDINGS & INVESTMENT LIMITED

4 BATAINDIA BATA INDIA LIMITED

5 BOMDYEING BOMBAY DYEING & MFG COMPANY LIMITED

6 CENTRALBK CENTRAL BANK OF INDIA

7 DCB DEVELOPMENT CREDIT BANK LIMITED

8 ESCORTS ESCORTS LIMITED

9 HAVELLS HAVELLS INDIA LIMITED

10 HINDOILEXP HINDUSTAN OIL EXPLORATION COMPANY LIMITED

11 IGL INDRAPRASTHA GAS LTD

12 INDUSINDBK INDUSIND BANK LIMITED

13 IRB IRB INFRASTRUCTURE DEVELOPERS LIMITED

14 JETAIRWAYS JET AIRWAYS (INDIA) LIMITED

15 KTKBANK THE KARNATAKA BANK LIMITED

16 MAX MAX INDIA LTD

17 MRF MRF LIMITED

18 OIL OIL INDIA LIMITED

19 SKUMARSYNF S. KUMARS NATIONWIDE LIMITED

20 SREINFRA SREI INFRASTRUCTURE FINANCE LIMITED

21 STRTECH STERLITE TECHNOLOGIES LIMITED

22 TATAMTRDVR TATA MOTORS DVR 'A' ORDINARY

23 TVSMOTOR TVS MOTOR COMPANY LIMITED

The market lot of the new securities will be informed to members separately through a circular on October 28, 2010.

OM SHRI GANESHAYA NAMAH

Astro View on Nifty 20th 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 all those dates.

•Dates for intraday trading: 20, 26, 28, 29
•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.As Mars will be entering Scorpio, casting and forgings, chemicals, real estate, detergent, dry-cell and pigment, red chillies and ceramic sector will be in news.
•Initial 15 minutes of the day will be incredible, therefore, design a strategy based on intraday or EOD pattern.
•During 13:10 to 15:00, the market will be extremely volatile with sudden ups and downs, creating an 'M' on the graph chart.
•From 15:00 till the closing bell, do spend time examining the future of the foreign markets, but do not waste money on them.

Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH

NIFTY DAILY OUTLOOK OCT 19, 2010

On Monday, market open flat with continues selling however finally hour of rally helped market to recover and closed in green. IT and Oil & Gas out-performed. Volume for the day was higher then last two trading session. Market breadth was negative. Midcap and Small caps index closed in negative.

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. Banks and Metals may attract profit booking. Be cautious at higher levels.

The short term trend will turn positive above the level of 6130.

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: 6075.95
Range: 6015-6125
Resistance: 6100-6125-6150
Support: 6040-6015-5990

BANK NIFTY: 12331.30
Range: 12180-12515
Resistance: 12405-12460-12515
Support: 12290-12235-12180

Short term: Down (6130)
Medium term: UP (5760)
Long term: Up (5180)

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

Astro View on Nifty 19th 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)
•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.
•Ganesha always foretells for the current trend, so it doesn't make sense if you lose patience when it takes a day or two here and there to turn them into reality. You must understand that it is a business, and you have to be, if not more, as patient and calm as any other businessman.
•Ganesha says that when the market will open, NIFTY will be steady and at about  10:20 it will go down.  
•During 14:15 to 14:40 NIFTY will freeze at a certain point.

Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH