NIFTY DAILY OUTLOOK OCT 25, 2010

On Friday, market open higher and traded in the range till first half of the session however during second half of the session selling came in almost all the indices which led market to fall and closed in red. Realty, Metals and FMCG were under selling pressure whereas IT index out performed. Overall it was the volatile trading session. Volume for the day was lower. Market breadth was negative. Midcap and Small caps index closed in positive. 

For the day, the level of 6045 and 6015 may act as a major support for the market and the level of 6085 and 6115 may act as a major hurdle. Market will trade in range; it is advisable to sell on rise. Banks, IT and FMCG may attract selling pressure. For the week watch out the level 6130 on upside and 5930 on downside, close above or below the above said levels will decide the next move in market.

Day trader can go long on nifty above 6085 with stop loss 6065 for target 6115 / 6140 and can go short below 6045 with stop loss 6065 for target 6015 / 5990.

INDEX RANGE

NIFTY: 6066.05
Range: 6015-6115
Resistance: 6085-6115-6140
Support: 6045-6015-5990

BANK NIFTY: 12384.80
Range: 12240-12520
Resistance: 12410-12465-12520
Support: 12350-12290-12240

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

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

Astro View on Nifty 25th 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.
•On 18th October, 2010, Ganesha had asked you to be careful on the 18th & 19th. But Ganesha had also said that you will soon get more psychological support, which you did get on 21st October.
•From 1st to 22nd October, Nifty may only be 36 points. You may not be able to take its actual benefit, which you can make out from the October graph.

•Dates for intraday trading: 26, 28, 29
•Ganesha foresees the day average between flat and negative from tomorrow; stay alert.
•28th & 29th October are highly volatile. Ganesha advises you to stay away from pharmaceuticals & government sectors.

Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH

NIFTY DAILY OUTLOOK OCT 22, 2010

On Thursday, market open flat and traded in the range till first half of the session however during second half of the session huge buying came in Oil & Gas, Banking and FMCG counters which helped market to breach all higher levels for the day closed up in green with good gains. Volume for the day was higher then previous trading session. Market breadth was positive. Midcap and Small caps index closed in positive.

For the day, the level of 6070 and 6045 may act as a major support for the market and the level of 6130 and 6155 may act as a major hurdle. Profit booking expected. Realty and IT may attract selling.

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

Day trader can go long on nifty above 6130 with stop loss 6100 for target 6155 / 6180 and can go short below 6070 with stop loss 6100 for target 6045 / 6020.

INDEX RANGE

NIFTY: 6101.50
Range: 6045-6155
Resistance: 6130-6155-6180
Support: 6070-6045-6020

BANK NIFTY: 12435.80
Range: 12290-12570
Resistance: 12460-12515-12570
Support: 12410-12355-12290

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

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

Astro View on Nifty 22nd 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.
•You will be confused about the index throughout Diwali.
•Coal India IPO will be favourable for you, if your zodiac sign is either Gemini, Libra or Aquarius. However, you need to see whether your birth chart suggests any gain from IPOs or not.
•During next week, do not hurry and make a portfolio.
•It can be said that initially it will remain flat, and gradually go up.
•As from 14:40 to 15:30 the trend will negative, start preparations for the next week.

Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH

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