NIFTY DAILY OUTLOOK NOV 4, 2010

On Wednesday, market opened gap-up and traded higher in a small range for thru out the day. Metals and Auto outperformed whereas Oil & Gas underperformed. Volume for the day was lower then previous trading session. Market breadth was positive. Midcap and Small caps index closed up in green.

For the day, the level of 6145 and 6115 may act as a major support for the market and the level of 6180 and 6210 may act as a major hurdle. Market expected to trade in small range, be cautious at higher levels.

The Short term trend will turn negative below the level of 6060.

"Spot Levels" Day trader can go long on nifty above 6180 with stop loss 6160 for target 6210 / 6235 and can go short below 6145 with stop loss 6165 for target 6115 / 6090.

INDEX RANGE

NIFTY: 6160.50
Range: 6115-6210
Resistance: 6180-6210-6235
Support: 6145-6115-6090

BANK NIFTY: 12891.90
Range: 12730-13060
Resistance: 12950-13005-13060
Support: 12840-12785-1273

Short term: UP (6060)
Medium term: UP (5930)
Long term: Up (5180)

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

Astro View on Nifty 4th November 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.
•During the pre-opening period, Nifty may hover around the surface, gradually moving northward till 12:10, predicts Ganesha
•From 12:10 to 14:00, Nifty may go up step-by-step.
•From 14:00 to 15:30, do not rely upon the market; it may make you gamble on the soft side

Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH

Muhurat Trading session on account of Diwali

The special trading session for muhurat trading on account of Diwali on Friday, November 05, 2010.

The market timings for muhurat trading session for Pre Open/ Normal Market shall be as follows:

Pre-open order entry Open Time : 18:00 hrs
Pre Open order entry Close Time : 18:08 hrs

Normal  Market Open : 18:15 hrs
Normal Market Close : 19:00 hrs

Closing Session start : 19:20 hrs
Closing Session end : 19:30 hrs

OM SHRI GANESHAYA NAMAH

NIFTY DAILY OUTLOOK NOV 3, 2010

On Tuesday, market opened flat and traded in a small range for thru out the day. Capital Goods and IT outperformed whereas Realty and Oil & Gas underperformed. Overall it was a volatile trading session. Volume for the day was slightly lower then previous trading session. Market breadth was negative. Midcap and Small caps index closed down in red.

For the day, the level of 6090 and 6065 may act as a major support for the market and the level of 6140 and 6165 may act as a major hurdle. Market will trade flat to negative and selling expected at higher level.

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

"Spot Levels" Day trader can go long on nifty above 6140 with stop loss 6115 for target 6165 / 6190 and can go short below 6090 with stop loss 6115 for target 6065 / 6040.

INDEX RANGE

NIFTY: 6119
Range: 6065-6165
Resistance: 6140-6165-6190
Support: 6090-6065-6040

BANK NIFTY: 12770.90
Range: 12630-12910
Resistance: 12820-12870-12910
Support: 12735-12680-12630

Short term: Down (6130)
Medium term: UP (5930)
Long term: Up (5180)

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

Astro View on Nifty 3rd November 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 pre-opening period at the market may seem negative, but avoid the 'up & down' position as the current situation may be confusing.
•From opening to 12:10, there may be three small corrections at Nifty; overall, the period is glitch-free.
•From 12:10 to 13:35, market breadth may be positive, notes Ganesha.
•From 13:35 till the end of the day, Ganesha feels that there is a possibility of small correction at Nifty.

Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH

FOR CARRY SHORT NIFTY FUT SHORTED @ 6170 HEDGE POSITION WITH NOV 6300 CALLS BTW 58-59 PER 1 LOT SHORT BUY 1 LOT OF CALL

INTRADAY / CARRY SHORT NIFTY FUT BTW 6155-6180 CMP 6170 STOPLOSS 6195 TARGET WILL BE SEND LATER

NIFTY DAILY OUTLOOK NOV 2, 2010

On Monday, market opened gap-up and traded in a small range for thru out the day. Banks, Realty and Capital Goods outperformed. Volume for the day was lower then previous trading session. Market breadth was positive. Midcap and Small caps index closed up in green.

For the day, the level of 6100 and 6075 may act as a major support for the market and the level of 6130 and 6155 may act as a major hurdle. Market will be range bound & selling expected at higher level.

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

"Spot Levels" Day trader can go long on nifty above 6130 with stop loss 6100 for target 6155 / 6185 and can go short below 6100 with stop loss 6130 for target 6075 / 6045.

INDEX RANGE

NIFTY: 6117.55
Range: 5965-6075
Resistance: 6130-6155-6185
Support: 6100-6075-6046

BANK NIFTY: 12734.90
Range: 12555-12885
Resistance: 12775-12830-12885
Support: 12665-12610-12555

Short term: Down (6130)
Medium term: UP (5930)
Long term: Up (5180)

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

Astro View on Nifty 2nd November 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.
•Till 10:30, Nifty may hover around the surface, which you can derive from the weightage given in the bracket.
•From 10:30 to 13:45, there may be a buying trend at Nifty in the heavy weightage scrips.
•From 13:45 to 14:10, this period has zero weightage, which may prove good & make you do jobbing, otherwise not that great.
•From 14:10 till the end of the day, market may show a downward trend; there may be a little buying in the last few minutes.

Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH

POSITIONAL / DELV BUY Financial Technologies AND SESAGOA FOR UPSIDE TARGET 15% - 30%

POSITIONAL / DELV BUY 25% @ CMP AND BAL 75% ACCUMULATE FOR UPSIDE TARGET 15% - 30% NO STOPLOSS REQUIRED

1. Financial Technologies "FINANTECH " closing "982 "

2. Sesa Goa Limited "SESAGOA" closing "321"

OM SHRI GANESHAYA NAMAH