Astro View on Nifty 29th September 2010

•Intraday traders must square off their daily position only after referring to the daily predictions.
•All those who take position on weekly or monthly basis, must take an overall view of monthly chart and daily predictions.
•Long term investors, refer to the yearly graph and deal patiently.
•Too many cooks spoil the broth ?? a mixture of all the tips (technical, fundamental & astrological) will only make things difficult & you may incur losses, says Ganesha.
•No matter how good a dealer you are at the stock market, make sure you refer to your birth chart for the yogas in your main horoscope once & move ahead according to the planetary positions.
•Don't risk a huge amount of money to earn a meagre profit.
•All those born on 4th, 13th, 22nd and 31st should wear '8 mukhi + 10 mukhi rudraksh'.
•People whose birthday falls on 5, 14 & 23 should wear '4 mukhi rudraksh'.
•Till 10:55, Ganesha says, 'trend is our friend'. No fixed method is applicable.
•From 10:55 to 13:15, in this time frame, Nifty may go down in the beginning and then go up step-by-step. It will create a graph similar to the image of electric current.
•From 13:15 till closing bell, Nifty may go up, but with tension.

Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH

NIFTY DAILY OUTLOOK SEPT 28, 2010

On Monday, market opened gap-up and traded in a range. During second half of the session some selling came in from higher levels but market manage to close in green. Metals, Oil & Gas and Realty attracted good buying whereas Banking and IT remain under selling pressure. Market breadth was mixed more over on negative side. Midcap & Smallcap index closed slightly in green.

For the day, the level of 6015 and 5995 may act as a major support
for the market and the level of 6055 and 6075 may act as a major hurdle. Mostly all technical indicators are in an overbought zone so one needs to be cautious at higher levels.

The short term trend will turn negative below the level of 5860.

Day trader can go long on nifty above 6055 with stop loss 6035 for
target 6075 / 6095 and can go short below 6015 with stop loss 6035
for target 5995 / 5975.

INDEX RANGE

NIFTY: 6035.65
Range: 5995-6075
Resistance: 6055-6075-6095
Support: 6015-5995-5975

BANK NIFTY: 12253.20
Range: 12085-12415
Resistance: 12305-12360-12414
Support: 12195-12140-12085

Short term: Up (5860)
Medium term: UP (5530)
Long term: Up (5180)

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

Astro View on Nifty 28th September 2010

•Intraday traders must square off their daily position only after referring to the daily predictions.
•All those who take position on weekly or monthly basis, must take an overall view of monthly chart and daily predictions.
•Long term investors, refer to the yearly graph and deal patiently.
•Too many cooks spoil the broth ?? a mixture of all the tips (technical, fundamental & astrological) will only make things difficult & you may incur losses, says Ganesha.
•No matter how good a dealer you are at the stock market, make sure you refer to your birth chart for the yogas in your main horoscope once & move ahead according to the planetary positions.
•Don't risk a huge amount of money to earn a meagre profit.
•All those with birth dates 3, 12, 21 & 30, should wear '5 mukhi rudraksh'.
•It's not favourable period till 9:30, do profit-booking.
•From 9:30 to 10:40, there is no clear trend; Nifty will maintain the weightage though.
•From 10:40 to 11:50, Nifty will be soft
•From 11:50 to 13:00, there are chances of a short covering.
•From 13:00 to 14:10, Nifty shows strength; but frequent entry & exit will prove beneficial.
•From 14:10 to 14:30, there may be a big jump, however, don't blame Ganesha if it does not happen.
•From 14:30 to 15:30, the highest value and volume-based work may increase at Nifty, and jobbing may prove beneficial.

Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH

DAILY TRADING CALLS SEPT 27, 2010

INTRADAY BUY AXISBANK (CASH LEVELS)
ABOVE 1513 STOPLOSS 1500 TARGET 1524 / 1533 / 1544

INTRADAY BUY M&M (CASH LEVELS)
ABOVE 694 STOPLOSS 688 TARGET 700 / 704 / 710

INTRADAY BUY ITC (CASH LEVELS)
ABOVE 180 STOPLOSS 177 TARGET 182 / 184 / 186

INTRADAY BUY SBIN (CASH LEVELS)
ABOVE 3152 STOPLOSS 3138 TARGET 3166 / 3172 / 3178

INTRADAY SELL SBIN (CASH LEVELS)
ABOVE 3130 STOPLOSS 3142 TARGET 3118 / 3110 / 3104

INTRADAY SELL TATASTEEL (CASH LEVELS)
BELOW 625 STOPLOSS 632 TARGET 620 / 615 / 610

INTRADAY SELL DLF (CASH LEVELS)
BELOW 360 STOPLOSS 366 TARGET 354 / 349 / 344

INTRADAY SELL UNITECH (CASH LEVELS)
BELOW 85 STOPLOSS 86.10 TARGET 83.90 / 83.35 / 82.80

OM SHRI GANESHAYA NAMAH

NIFTY DAILY OUTLOOK SEPT 27, 2010

On Friday, market opened flat and later attracted huge buying in all the indices. Buying continue thru out the day mostly in FMCG, Banking, Telecom and Realty. Market breadth was positive. Midcap & Smallcap index closed up 1% in green. For this week level to watch out on upside is 6065 and on downside 5945, close above or below will decide the next move in the market.

For the day, the level of 6005 and 5990 may act as a major support for the market and the level of 6035 and 6050 may act as a major hurdle. Mostly all technical indicators are in an overbought zone so one needs to be cautious at higher levels. Market will be volatile.

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

Day trader can go long on nifty above 6035 with stop loss 6020 for target 6050 / 6065 and can go short below 6005 with stop loss 6020 for target 5990 / 5975.

INDEX RANGE

NIFTY: 6018.30
Range: 5915-5995
Resistance: 6035-6050-6065
Support: 6005-5990-5975

BANK NIFTY: 12263.50
Range: 12090-12420
Resistance: 12305-12360-12420
Support: -12195-12140-12090

Short term: Up (5760)
Medium term: UP (5530)
Long term: Up (5180)

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

Astro View on Nifty 27th September 2010

•Intraday traders must square off their daily position only after referring to the daily predictions.
•All those who take position on weekly or monthly basis, must take an overall view of monthly chart and daily predictions.
•Long term investors, refer to the yearly graph and deal patiently.
•Too many cooks spoil the broth ?? a mixture of all the tips (technical, fundamental & astrological) will only make things difficult & you may incur losses, says Ganesha.
•No matter how good a dealer you are at the stock market, make sure you refer to your birth chart for the yogas in your main horoscope once & move ahead according to the planetary positions.
•Don't risk a huge amount of money to earn a meagre profit.
•All those born on the 1st, 10th, 19th & 28th should wear '1 mukhi rudraksh'
•Those who are born on the 2nd, 11th, 20th & 29th should wear '2 mukhi + gaurishankar rudraksh'.
•No matter at how many points Nifty opens, it does not seem very reliable, observes Ganesha. Be cautious till 11:50.
•From 11:50 to 15:30, Nifty may go up step-by-step & again come down step-by-step. But, overall it may show strength.
•At 13:50, 14:10 & 15:00, there will be a small correction

Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH

NIFTY DAILY OUTLOOK SEPT 24, 2010

On Thursday, profit booking continue in market and remain highly volatile thru out the day. FMCG attracted good buying during second half of the session. Banking, Realty and Oil & Gas was under selling pressure thru out the day. Market breadth was negative. Volume for the day was low. Midcap index closed marginally in red.

For the day, the level of 5940 and 5915 may act as a major support for the market and the level of 5970 and 5995 may act as a major hurdle. Mostly all technical indicators are in an overbought zone so one needs to be cautious at higher levels. Market will be volatile and profit booking may continue.

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

Day trader can go long on nifty above 5970 with stop loss 5945 for
target 5995 / 6025 and can go short below 5940 with stop loss 5965
for target 5915 / 5985.

INDEX RANGE

NIFTY: 5959.55
Range: 5915-5995
Resistance: 5970-5995-6025
Support: 5940-5915-5885

BANK NIFTY: 12146.30
Range: 11975-12310
Resistance: 12205-12250-12310
Support: 12085-12030-11975

Short term: Up (5760)
Medium term: UP (5530)
Long term: Up (5180)

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

Astro View on Nifty 24th September 2010

•Nifty may hover around the surface till 12.45 as the weightage is zero. Overall, Nifty may show strength and jobbing is the only thing that will make you earn profits. Forget about other tips, sms and news.
•From 12.45 to 13.30, Nifty will go up twice and take a dip, once.
•From 13.30 to 14.40, it's a period of confusion as Nifty will change its strength frequently. Deal according to the capacity of your delivery.
•From 14.40 to 15.30, Nifty may create a 'head & shoulder' kind of a pattern i.e.  it may go some points on the positive side and some on the negative side of the axis.
•Next week, Ganesha foresees that there is a possibility of the opening being between flat and negative.

Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH

NIFTY DAILY OUTLOOK SEPT 23, 2010

On Wednesday, market open in green but faced selling pressure at higher levels and remain volatile thru out the day. Banking attracted good buying during second half of the session. IT and Capital Good was under selling pressure. Market breadth was negative. Midcap & Smallcap index closed 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. Mostly all technical indicators are in an overbought zone so one needs to be cautious at higher levels. Market will be volatile.

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

Day trader can go long on nifty above 6025 with stop loss 6005 for
target 6050 / 6075 and can go short below 5965 with stop loss 5985
for target 5940 / 5915.

INDEX RANGE

NIFTY: 5991
Range: 5960-6045
Resistance: 6025-6050-6075
Support: 5965-5940-5915

BANK NIFTY: 12305.70

Range: 12140-12460
Resistance: 12360-12415-12460
Support: 12250-12190-12140

Short term: Up (5760)

Medium term: UP (5530)
Long term: Up (5180)

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

Astro View on Nifty 23rd September 2010

•Nifty may be very positive at 9:05, but may suddenly go downward.  You have set a limit in your terminal and Ganesha advises you not to deal without stop-loss.
•From 9.15 to 12.05, a period of confusion. Just observe the terminal; consider no deal as a profit deal.
•From 12.05 to 13.15, Nifty may make you do jobbing on the upper side.
•From 13.15 to 14.10, with respect to the previous points, Nifty may make a 'W'-shaped graph. You may be able to take a good decision.
•From 14.10 to 15.30 Nifty may show strength, but will come across profit booking in between. However, no need to worry.

Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH