Astro View on Nifty 21th September 2010

•The opening is good, according to Ganesha. But once you exit, it may show you a downward trend. Nifty will pass time till 12.30 by changing trends, frequently. 
•From 12.30 to 13.30, Nifty may be highly volatile, and may make you do jobbing.
•From 13.30 to 14.25, Nifty is likely to be highly unpredictable. If there's no way out then keep a margin of Re.1 and keep exiting.
•From 14.25 to 15.30, Nifty may bring you where you had begun. Don't be too adventurous; instead, pay attention to profit booking.

Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH

NIFTY DAILY OUTLOOK SEPT 20, 2010

On Friday, with support of global clues market opened gap-up and remain positive thru out the day. For the past week all indices closed in green, top gainer were banking and oil & gas sector both gaining more then 5%. For this week resistance comes at 5960-5980 and support 5780-5750. Mostly all technical indicators are in an overbought zone so one needs to be cautious at higher levels.

For the day, the level of 5865 and 5845 may act as a major support
for the market and the level of 5905 and 5920 may act as a major hurdle.

The short term trend will turn negative below the level of 5760.

Day trader can go long on nifty above 5905 with stop loss 5885 for
target 5920 / 5935 and can go short below 5860 with stop loss 5880
for target 5845 / 5825.

INDEX RANGE

NIFTY: 5884.95
Range: 5845-5920
Resistance: 5905-5920-5935
Support: 5865-5845-5825

BANK NIFTY: 12104.10
Range: 11930-12260
Resistance: 12150-12210-12260
Support: 12040-11980-11930

Short term: Up (5760)
Medium term: UP (5470)
Long term: Up (5180)

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

Astro View on Nifty 20th September 2010

•With the grace of Ganesha, Nifty will remain positive for 15 minutes after opening.
•From 9.15 to 12.20, Nifty's market breadth is likely to be between flat to negative.
•From 12.20 till the closing time, Nifty may go up step by step, and then take a downward trend, again step by step. But, overall, Nifty may show strength.

Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH

NIFTY DAILY OUTLOOK SEPT 16, 2010

On Wednesday, market opened on positive node, breaking all
resistance for the day and remained highly volatile thru out the
session. Tech and Oil & Gas sector attracted good buying and selling
pressure was seen in banking & cement sector. Midcap & Smallcap
index remain under selling pressure.

For the day, the level of 5840 and 5810 may act as a major support
for the market and the level of 5900 and 5920 may act as a major
hurdle. The next move in market will depend on credit policy.

The short term trend will turn negative below the level of 5640.

Day trader can go long on nifty above 5875 with stop loss 5855 for
target 5900 / 5920 and can go short below 5840 with stop loss 5860
for target 5810 / 5780.

INDEX RANGE

NIFTY: 5860.95
Range: 5810-5900
Resistance: 5875-5900-5920
Support: 5840-5810-5780

BANK NIFTY: 11987.60
Range: 11820-12120
Resistance: 12050-12100-12160
Support: 11935-11880-11820

Short term: Up (5640)
Medium term: UP (5470)
Long term: Up (5180)

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

Astro View on Nifty 16th September 2010

•During this week, Ganesha asks you to observe that in the time slot between 9:30 and 15:20, Nifty may be more on the upper side just for 15 minutes; while time slot around 12:45 may show a more downward trend. However, it's not confirmed.
•Gradually, there may come a situation, which can create panic, foresees Ganesha.
•From 9:05 to 10:15, initially Nifty will be flat to positive and later have a zero weightage. It will bring you at the same position you begun with. (0.00)
•From 10:15 to 12:30, Nifty may make you do jobbing on the down side, repeatedly.
•From 12:30 to 13:40, largecap may come handy to you.
•From 13:40 to 15:30, overall, the period is good. But there are chances of correction around 13:55 and 14:55.

Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH

NIFTY DAILY OUTLOOK SEPT 15, 2010

On Tuesday, market opened on positive node, breaking all resistance
for the day. However selling / profit booking was seen on higher
levels. Tech & Auto sector attract good buying thru out the day and
selling pressure was seen in banking sector.
Midcap & Smallcap Index closed down more then 0.5%

For the day, the level of 5780 and 5755 may act as a major support
for the market and the level of 5810 and 5840 may act as a major
hurdle. Profit booking may continue in banking sector.

The short term trend will turn negative below the level of 5640.

Day trader can go long on nifty above 5810 with stop loss 5790 for
target 5840/5855 and can go short below 5780 with stop loss 5800
for target 5755/5730.

INDEX RANGE

NIFTY: 5795.55
Range: 5755-5840
Resistance: 5810-5840-5855
Support: 5780-5755-5730

BANK NIFTY: 11928.30
Range: 11780-12120
Resistance: 11990-12040-12120Support: 11880-11820-11780

Short term: Up (5640)
Medium term: UP (5470)
Long term: Up (5180)

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

Astro View on Nifty 15th September 2010

•During this week, Ganesha asks you to observe that in the time slot between 9:30 and 15:20, Nifty may be more on the upper side just for 15 minutes; while time slot around 12:45 may show a more downward trend. However, it's not confirmed.
•Gradually, there may come a situation, which can create panic, foresees Ganesha.
•It's a day of high alert and of extreme price movements, foresees Ganesha.
•Take an exit till 9:30, advises Ganesha.
•From 9:30 to 11:25, Ganehsa predicts a W-shaped graph during this time period.
•From 11:25 to 12:45, the time is even more volatile; rather than being hypothetical, take practical judgements.

Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH

NIFTY DAILY OUTLOOK SEPT 14, 2010

On Monday, market opened gap up on strong IIP numbers and global
clues gave good support to the market and buying continued thru out
the day. However banking sector remain strong, during second half of
the session good buying was seen in realty sector.

For the day, the level of 5730 and 5715 may act as a major support
for the market and the level of 5785 and 5800 may act as a major
hurdle. Short / medium term trader can hold short position in nifty
with stop loss of three consecutive close above 5680. Day one close
above 5680

The short term trend will turn negative below the level of 5640.

Day trader can go long on nifty above 5770 with stop loss 5750 for
target 5785/5800 and can go short below 5745 with stop loss 5765
for target 5730 /5715.

INDEX RANGE

NIFTY: 5760
Range: 5730-5785
Resistance: 5770-5785-5800
Support: 5745-5730-5715

BANK NIFTY: 11872.8
Range: 11580-12125
Resistance: 11910-12010-12125
Support: 11790-11680-11580

Short term: Up (5640)
Medium term: UP (5470)
Long term: Up (5180)

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

Astro View on Nifty 14th September 2010

•Nifty may hover around the surface in the beginning. After staying at the surface for sometime, it may keep on changing trends later till 11:35.
•From 11:35 to 12:45, the time slot is risky. Do not make average as it seems as risky as catching a falling knife.
•From 12:45 to 14:00, the time is full of paradox of complexity. Overall, it will have a hold on the market.
•From 14:00 to 14:25, it's an unpredictable period.
•From 14:25 to 15:30, you will be highly confused, but will be able to do the business on the upper side.

Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH

WHEN PROFITS COME TOO EASILY, IT IS TIME TO REDUCE RISK..........