NIFTY WEEKLY & DAILY OUTLOOK NOV 22, 2010

As advice last Monday look for buying in market only above the level of 6130 only, however if market remain below the same will attract fall upto 5930. For this week use rally to cut long side position and look for buying only if market remains above level of 6130, As Told last week also medium term trend will turn negative below the level of 5930 and if market remains below the same will attract fall upto levels of 5500-5600 with a minor support at 5825. Being the expiry week for November series, market may remain highly volatile.
For the day, the level of 5860 and 5830 may act as a major support for the market and the level of 5915 and 5945 may act as a major hurdle. Be cautious as market may continue the negative trend.  Banking and IT may attract selling however power may attract buying

The Medium term trend will turn positive above the level of 5930.

"Spot Levels" Day trader can go long on nifty above 5915 with stop loss 5885 for target 5945 / 5970 and can go short below 5860 with stop loss 5890 for target 5830 / 5805.

INDEX RANGE

NIFTY: 5890.30
Range: 5830-5945
Resistance: 5915-5945-5970
Support: 5860-5830-5805

BANK NIFTY: 12063
Range: 11860-12255
Resistance: 12140-12205-12255
Support: 11975-11920-11860

Short term: Down (6130)
Medium term: Down (5930)
Long term: Up (5350)

Cash Market Trading Activity (Prov. Figure in Rs. Crores)

Cat: Buy Val - Sell Val=   Net Val
FII:  3926.43-3558.52= +367.91
DII:  1697.72-1397.42= +300.19

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

Astro View on Nifty 22nd November 2010

•The Moon is in the Rohini Nakshatra of the zodiac sign ? Taurus. Today, Moon is exalted, Venus is in its own sign & Mars too, is in its own sign. Rahu in the 1st House in opening kundali is not considered  good.
•Tomorrow is Power Grid's listing.
•In Navmansh Kundali, Mercury and Mars conjunction may keep the banking sector in news. The weightage is zero today; do timepass, the days ahead are smooth for operations.
•From 9:15 to 12:25, the time slot may be positive.
•From 12:25 to 14:15, Nifty may lose strength.
•From 14:15 to 15:30, there may be a short covering at Nifty; however, also remember that the day's weightage equals to zero.

Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH

NIFTY DAILY OUTLOOK NOV 19, 2010

On Thursday, market opened higher and had a highly volatile trading session with a big see-saw movement (up-down-up), closed flat up in green. Banking stocks was under heavy selling pressure however Metals and Auto attracted huge buying. Volume for the day was higher then previous trading session. Market breadth was negative. Midcap Index closed up in green whereas Small caps Index closed down in red.

For the day, the level of 5965 and 5940 may act as a major support for the market and the level of 6025 and 6050 may act as a major hurdle.

The Medium term trend will turn negative below the level of 5930.

"Spot Levels" Day trader can go long on nifty above 6025 with stop loss 5995 for target 6050 / 6080 and can go short below 5965 with stop loss 5995 for target 5940 / 5910.

INDEX RANGE

NIFTY: 5998.80
Range: 5940-6050
Resistance: 6025-6050-6080
Support: 5965-5940-5910

BANK NIFTY: 12315.20
Range: 12080-12625
Resistance: 12405-12515-12625
Support: 12290-12185-12080

Short term: Down (6170)
Medium term: Up (5930)
Long term: Up (5500)

Cash Market Trading Activity (Prov. Figure in Rs. Crores)

Cat: Buy Val - Sell Val=   Net Val
FII:  4062.11-4514.82= -452.71
DII:  1664.85-1546.42= +118.43

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

Astro View on Nifty 19th 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.
•Refer to Ganesha's article in the same column in the yearly graph overview, 2010 and see what we had predicted for the period between 20th November, 2010 and 6th December, 2010 and take position accordingly. Also refer to the December 2010 PDF file.
•Although our astrologers do the predictions one week in advance, they are accurate. Ganesha advises you to make the best use of them.
•Take Ganesha's alerts & warning seriously, and take optimum advantage of astrology in these matters.
•Deal as per your wishes till 6th December, 2010. After that, Ganesha will guide you about the profits & losses, daily. If you do not square-off your position on that particular day, there is no guarantee that you may come across the same price later on. The market may be highly fluctuating on both the sides.
•Jupiter, from today, is transiting through Aquarius, and Venus starts transiting through its own sign Libra.
•The Moon is in the Ashwini constellation of zodiac sign Aries, the Lord of which is Ketu. It's a day when you will have to be careful as the profits may not be according to your expectations.
•On 22nd November, 2010, the monthly average of days & yearly graph weightage will be zero. Be cautious, & avoid long position.

Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH

9 BEST PICKS TO BUY ON PULL BACK FOR 1 TO 2 DAYS : BUY ANY 2-3 SCRIPTS

1) BALRAMCHIN(81.7)

2) HCC(57.1)

3)ISPATIND(18.2)

4)GMRINFRA(49.75)

5)NEYVELILIG(147.35)

6)ORBITCOPP(102.9)

7)RELINFRA(993.15)

8)SUZLON (52.05)

9)UNITECH(74.35)

OM SHRI GANESHAYA NAMAH

NIFTY DAILY OUTLOOK NOV 18, 2010

On Tuesday, market opened flat and traded in a small range during early hours of session but with sudden selling across all the indices led the market fall sharply and closed down in red. Metals, Realty and Capital Goods were under heavy selling pressure. Overall it was a volatile trading session. Volume for the day was higher then previous trading session. Market breadth was negative. Midcap Index closed 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. Buying is expected at lower levels.

"Spot Levels" Day trader can go long on nifty above 6020 with stop loss 5990 for target 6045 / 6075 and can go short below 5965 with stop loss 5995 for target 5935 / 5910.

INDEX RANGE

NIFTY: 5988.70
Range: 5935-6045
Resistance: 6020-6045-6075
Support: 5965-5935-5910

BANK NIFTY: 12524.50
Range: 12335-12720
Resistance: 12610-12665-12720
Support: 12445-12390-12335

Short term: Down (6130)
Medium term: Up (5930)
Long term: Up (5500)

Cash Market Trading Activity (Prov. Figure in Rs. Crores)

Cat: Buy Val - Sell Val=   Net Val
FII:  3157.02-3353.71= -196.69
DII:  1542.54-1092.95= +449.59

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

NIFTY VIEWS : BULLS VS BEARS

Contra Call: Book shorts & Go long between 6020-5960 with stop loss of 5930 on closing basis for upside target 6130 / 6225 / 6280

NIFTY SPOT MAJOR SUPPORT 5930 CLOSE BELOW 2 DAYS WATCHOUT THE BLOOD BATH OF 300-400 POINTS WITH MINOR SUPPORT AT 5825 SL 6130 CLOSING

OM SHRI GANESHAYA NAMAH

NIFTY DAILY OUTLOOK NOV 16, 2010

On Monday, market opened flat and traded in a small range thru out the day however during final hour of session buying helped market to recover and closed up in Green. Banking and Pharma outperformed whereas Realty sector was under selling pressure. Overall it was a highly volatile trading session. Volume for the day was lower then previous trading session. Market breadth was negative. Midcap Index closed up in green and small caps index closed down in red.

For the day, the level of 6090 and 6035 may act as a major support for the market and the level of 6150 and 6205 may act as a major hurdle. Be cautious at higher levels as selling is expected.

"Spot Levels" Day trader can go long on nifty above 6150 with stop loss 6120 for target 6205 / 6255 and can go short below 6090 with stop loss 6125 for target 6035 / 5985.

INDEX RANGE

NIFTY: 6121.60
Range: 6035-6205
Resistance: 6150-6205-6255
Support: 6090-6035-5985

BANK NIFTY: 12762.20
Range: 12605-12935
Resistance: 12830-12885-12935
Support: 12715-12660-12605

Short term: Down (6130)
Medium term: Up (5930)
Long term: Up (5500)

Cash Market Trading Activity (Prov. Figure in Rs. Crores)

Cat: Buy Val - Sell Val=   Net Val
FII:  2586.46-2272.78= +313.68
DII:  1189.35-1192.74= -3.39

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

Astro View on Nifty 16th 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.
•Refer to Ganesha's article in the same column in the yearly graph overview, 2010 and see what we had predicted for the period between 20th November, 2010 and 6th December, 2010 and take position accordingly.

•Although our astrologers do the predictions one week in advance, they are accurate. Ganesha advises you to make the best use of them.
•Take Ganesha's alerts & warning seriously, and take optimum advantage of astrology in these matters.
•Deal as per your wishes till 6th December, 2010. After that, Ganesha will guide you about the profits & losses, daily. If you do not square-off your position on that particular day, there is no guarantee that you may come across the same price later on. The market may be highly fluctuating on both the sides.
•Today the Moon is in Purva Bhadra constellation, the Lord of which is Jupiter. 
•About one year ago, Ganesha had predicted that you should stay away from realty from 1st November, 2010 to 30th December, 2010. You must have seen why.

Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH

NIFTY WEEKLY & DAILY OUTLOOK NOV 15, 2010

As told last Monday market will attract selling pressure if remains below 6280 and will attract fall till 6130, even advice to hedge & book long positions if market remains below level of 6280. For this week watch out level of 6130 on upside and 5930 on downside, close above or below the same will decide the next move in market. If market fails to hold and close below level of 5930 one can expect levels of 5600-5500 with minor support at 5825.

Contra Call: Book shorts & Go long between 6020-5960 with stop loss of 5930 on closing basis for upside target 6130 / 6225 / 6280.

For the day, the level of 6040 and 6015 may act as a major support for the market and the level of 6100 and 6215 may act as a major hurdle. Banking and IT may attract selling pressure. On daily chart all technical indicators are on sell signal and RSI below level of 50.

"Spot Levels" Day trader can go long on nifty above 6100 with stop loss 6070 for target 6125 / 6155 and can go short below 6040 with stop loss 6070 for target 6015 / 5985.

INDEX RANGE

NIFTY: 6071.65
Range: 6015-6125
Resistance: 6100-6125-6155
Support: 6040-6015-5985

BANK NIFTY: 12457.30
Range: 12170-12720
Resistance: 12510-12610-12720
Support: 12390-12280-12170

Short term: Down (6130)
Medium term: Up (5930)
Long term: Up (5500)

Cash Market Trading Activity
(Prov. Figure in Rs. Crores)

Cat: Buy Val - Sell Val=   Net Val
FII:  3134.74-3917.01= -782.27
DII:  1439.13-1193.45= +245.68

All Above Spot Levels

OM SHRI GANESHAYA NAMAH