Wednesday, October 6, 2010
NIFTY DAILY OUTLOOK OCT 6, 2010
On Tuesday, market opened flat and remains highly volatile thru the day. Last hour of selling in banking and metals made market closed in red. Volume for the day was quite low. Market breadth was positive. Midcap and Smallcaps index closed in green.
For the day, the level of 6120 and 6090 may act as a major support for the market and the level of 6175 and 6205 may act as a major hurdle.
The short term trend will turn negative below the level of 5945.
Day trader can go long on nifty above 6175 with stop loss 6150 for target 6205 / 6230 and can go short below 6120 with stop loss 6150 for target 6090 / 6065
Positional trader can go short on nifty below 6120 (closing required) with stop loss 6225 (closing basis) for target 5990-5970 & 5925-5885
INDEX RANGE
NIFTY: 6145.80
Range: 6090-6205
Resistance: 6175-6205-6230
Support: 6120-6090-6065
BANK NIFTY: 12596.50
Range: 12385-12780
Resistance: 12665-12720-12780
Support: 12500-12445-12385
Short term: Up (5945)
Medium term: UP (5760)
Long term: Up (5180)
All Above Spot Levels
OM SHRI GANESHAYA NAMAH
Tuesday, October 5, 2010
NIFTY DAILY OUTLOOK OCT 5, 2010
On Monday, market opened positive with good gains but could not sustain at higher level due to profit booking thru out the day and closed flat. Market breadth was negative. Midcap and Smallcaps index closed in green.
For the day, the level of 6145 and 6130 may act as a major support for the market and the level of 6175 and 6190 may act as a major hurdle. Mostly all technical indicators are in an overbought zone with some showing negative divergence so one needs to remain cautious.
The short term trend will turn negative below the level of 5945.
Day trader can go long on nifty above 6175 with stop loss 6160 for target 6190 / 6215 and can go short below 6145 with stop loss 6160 for target 6130 / 6105
Positional trader can go short on nifty below 6120 (closing required) with stop loss 6225 (closing basis) for target 5990-5970 and 5925-5885
INDEX RANGE
NIFTY: 6159.45
Range: 6130-6190
Resistance: 6175-6190-6215
Support: 6145-6130-6105
Resistance: 6175-6190-6215
Support: 6145-6130-6105
BANK NIFTY: 12651.30
Range: 12495-12825
Resistance: 12715-12770-12825
Support: 12605-12540-12495
Resistance: 12715-12770-12825
Support: 12605-12540-12495
Short term: Up (5945)
Medium term: UP (5760)
Long term: Up (5180)
Long term: Up (5180)
All Above Spot Levels
OM SHRI GANESHAYA NAMAH
Astro View on Nifty 5th October 2010
•Sun, Moon, Saturn & Mercury will be in Virgo on 7th & 8th October. This is a major event & its impact is likely to affect you personally.
•Few days in October are positive, while few of them are negative, thus do not rely on it.
•In the past, when the monthly weight-age was zero, Nifty was: Jan 2008 = -1000, Oct 2008 = -1398, Oct 2009 = -362 & Feb 2010 = only 2. This is just for your reference. You are free to take your decisions without being biased or playing the blame game.
•Volatile dates : 8, 13, 14, 15, 18, 20, 26, 28, 29.
•Today onwards, we shall provide you 'Ganesha time' at which the market will be steady, and is likely to change the psychological pattern. Kindly give your feedback for the same.
•Let the first 15 minutes pass, as the time is confusing. Wait for the perfect time to make the right judgement.
•From 9:15 to 11:20, Nifty will hover around the surface, marginally.
•From 11:20 to 13:20, Nifty may earn profits as there may be a buying trend in the shares of 'A' Group.
•13:20 will be today's psychology time.
•From 13:20 to 15:30, Nifty may go up with high volatility but undertone is mandi Be cautious
•Few days in October are positive, while few of them are negative, thus do not rely on it.
•In the past, when the monthly weight-age was zero, Nifty was: Jan 2008 = -1000, Oct 2008 = -1398, Oct 2009 = -362 & Feb 2010 = only 2. This is just for your reference. You are free to take your decisions without being biased or playing the blame game.
•Volatile dates : 8, 13, 14, 15, 18, 20, 26, 28, 29.
•Today onwards, we shall provide you 'Ganesha time' at which the market will be steady, and is likely to change the psychological pattern. Kindly give your feedback for the same.
•Let the first 15 minutes pass, as the time is confusing. Wait for the perfect time to make the right judgement.
•From 9:15 to 11:20, Nifty will hover around the surface, marginally.
•From 11:20 to 13:20, Nifty may earn profits as there may be a buying trend in the shares of 'A' Group.
•13:20 will be today's psychology time.
•From 13:20 to 15:30, Nifty may go up with high volatility but undertone is mandi Be cautious
Source: GaneshaSpeaks
OM SHRI GANESHAYA NAMAH
DOW "Party with the Bears" is JUST BEGINNING! "OCT 2010"
YOUR "Party with the Bears" is JUST BEGINNING!
My, what a cute Little Teddy Bear!
MORE ON http://cycles.cc/
OM SHRI GANESHAYA NAMAH
Monday, October 4, 2010
NIFTY DAILY OUTLOOK OCT 4, 2010
On Friday, market opened up with a gap and buying continues in all the indices thru out the day. Metals and Auto outperformed. Market breadth was positive. Midcap and Smallcaps index closed in green. As said on last Monday level to watch out on upside 6065 on breaching the same will try for 6150-6200 and on down side 5945, market could break 5945 and bounced back sharply from 5960 levels. Now level 5945 will act as an important support for the market and close below the same will weaken the market.
For the day, the level of 6115 and 6090 may act as a major support for the market and the level of 6165 and 6190 may act as a major hurdle. Mostly all technical indicators are in an overbought zone with some showing negative divergence so one needs to remain cautious.
The short term trend will turn negative below the level of 5945.
No Trading call for the day.
INDEX RANGE
NIFTY: 6143.40
Range: 6090-6190
Resistance: 6165-6190-6205
Support: 6115-6090-6075
BANK NIFTY: 12556.80
Range: 12365-12735
Resistance: 12620-12670-12735
Support: 12480-12430-12365
Short term: Up (5945)
Medium term: UP (5630)
Long term: Up (5180)
All Above Spot Levels
OM SHRI GANESHAYA NAMAH
Astro View on Nifty 4th October 2010
•Sun, Moon, Saturn & Mercury will be in Virgo on 7th & 8th October. This is a major event & its impact is likely to affect you personally.
•Few days in October are positive, while few of them are negative, thus do not rely on it.
•In the past, when the monthly weight-age was zero, Nifty was: Jan 2008 = -1000, Oct 2008 = -1398, Oct 2009 = -362 & Feb 2010 = only 2. This is just for your reference. You are free to take your decisions without being biased or playing the blame game.
•Volatile dates : 8, 13, 14, 15, 18, 20, 26, 28, 29.
•Today onwards, we shall provide you 'Ganesha time' at which the market will be steady, and is likely to change the psychological pattern.
•From opening to 10:10, Nifty will show strength.
•10:20 will be today's psychology time.
•From 10:25 to 11:25, Nifty will be soft.
•From 11:25 to 14:25, there will be a buying trend at Nifty.
•From 14:25 till closing, Nifty may go upward.
•Few days in October are positive, while few of them are negative, thus do not rely on it.
•In the past, when the monthly weight-age was zero, Nifty was: Jan 2008 = -1000, Oct 2008 = -1398, Oct 2009 = -362 & Feb 2010 = only 2. This is just for your reference. You are free to take your decisions without being biased or playing the blame game.
•Volatile dates : 8, 13, 14, 15, 18, 20, 26, 28, 29.
•Today onwards, we shall provide you 'Ganesha time' at which the market will be steady, and is likely to change the psychological pattern.
•From opening to 10:10, Nifty will show strength.
•10:20 will be today's psychology time.
•From 10:25 to 11:25, Nifty will be soft.
•From 11:25 to 14:25, there will be a buying trend at Nifty.
•From 14:25 till closing, Nifty may go upward.
Source: GaneshaSpeaks
OM SHRI GANESHAYA NAMAH
Friday, October 1, 2010
NIFTY DAILY OUTLOOK OCT 1, 2010
On Thursday, market opened flat and was on a down move due to sell-off in mostly all the indices. During last hour of session good buying came in Banking, Metals and FMCG counter which lead the market to recover from day low and closed higher with good gains. Overall it was a highly volatile trading session. Market breadth was negative. Midcap index close in red whereas Smallcaps index closed slightly in green.
For the day, the level of 6015 and 5990 may act as a major support for the market and the level of 6045 and 6070 may act as a major hurdle. Mostly all technical indicators are in an overbought zone with some showing negative divergence so one needs to remain cautious.
The short term trend will turn negative below the level of 5945.
Day trader can go long on nifty above 6050 with stop loss 6030 for
target 6070 / 6085 and can go short below 6010 with stop loss 6030
for target 5990 / 5975.
INDEX RANGE
NIFTY: 5929.95
Range: 5990-6070
Resistance: 6045-6070-6085
Support: 6015-5990-5975
BANK NIFTY: 12366.30
Range: 12195-12525
Resistance: 12415-12470-12525
Support: 12305-12250-12195
Short term: Up (5945)
Medium term: UP (5630)
Long term: Up (5180)
All Above Spot Levels
OM SHRI GANESHAYA NAMAH
Astro View on Nifty 1st October 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.
•People born on 8, 17 & 26 should wear '11 mukhi rudraksh'.
•People with birth dates 9, 18 & 27 should wear '3 mukhi + Ganesha rudraksh'.
•Ganesha is not really happy... why? Let's read further.
•Don't do anything till 9:30. Just wait & watch
•From 9:15 to 10:25, Nifty has potential.
•10:25 to 11:30, stay away from the market; intraday traders may get trapped.
•From 11:30 to 15:30, a frequent change in pattern can be seen. But Nifty will make you do jobbing on the upper side, giving a hope.
Source: GaneshaSpeaks
•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.
•People born on 8, 17 & 26 should wear '11 mukhi rudraksh'.
•People with birth dates 9, 18 & 27 should wear '3 mukhi + Ganesha rudraksh'.
•Ganesha is not really happy... why? Let's read further.
•Don't do anything till 9:30. Just wait & watch
•From 9:15 to 10:25, Nifty has potential.
•10:25 to 11:30, stay away from the market; intraday traders may get trapped.
•From 11:30 to 15:30, a frequent change in pattern can be seen. But Nifty will make you do jobbing on the upper side, giving a hope.
Source: GaneshaSpeaks
OM SHRI GANESHAYA NAMAH
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