Astro View on Nifty 12th October 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.
•Take the graph of November by email.
•The situation is very similar to what predictions Ganesha made on 12th October, 2009. Well, these are the advantages of astrology.
•Dates for intraday trading: 8, 13, 14, 15, 18, 20, 26, 28, 29
•From 9:05 to 10:25, without relying on anyone, take entry according to your capacity to deliver.
•From 13:55 till closing, there are chances that the number of calls may increase at Nifty, feels Ganesha.
•Ganesha is confused on 13th and 14th October as Asia may suffer from violence, which may affect the market. Be cautious.

Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH

INTRADAY SELL NIFTY FUT NIFTY SPOT CMP 6140 STOP LOSS 6165 TARGET 6100 / 6080

POSITIONAL BUY SATYAMCOMP AND SELL PNB / NEYVELILIG

POSITIONAL BUY SATYAMCOMP (CASH LEVELS)ABOVE 87 (CLOSING REQUIRED)STOP LOSS 84 TARGET 102 / 108 / 114

POSITIONAL SELL NEYVELILIG (CASH LEVELS)
172-170 STOPLOSS 178 TARGET 158 / 148

POSITIONAL SELL PNB (CASH LEVELS)
BELOW 1300 (CLOSING REQUIRED)
STOPLOSS 1340 TARGET 1230 / 1160

OM SHRI GANESHAYA NAMAH

NIFTY DAILY OUTLOOK OCT 11, 2010

On Friday, market opened positive but with selling across all the indices market remain under selling pressure and volatile thru out the day. Near last half-hour of closing session sharp pull back came in from the day lows which helped market to recover. Volume for the day was quite low. Market breadth was negative. Midcap and Smallcaps index closed in red.

For the day, the level of 6070 and 6045 may act as a major support for the market and the level of 6130 and 6155 may act as a major hurdle. Mostly all technical indicators are in an overbought zone with negative divergence and macd on sell signal so one needs to remain cautious at higher levels.

The short term trend will turn negative below the level of 5945.

Positional trader can hold nifty short position with stop loss 6225 closing basis for target 5990-5970 & 5925-5885.

No trading call for the day.

INDEX RANGE

NIFTY: 6103.45

Range: 6045-6155
Resistance: 6130-6155-6180
Support: 6070-6045-6020

BANK NIFTY: 12473.40
Range: 12310-12620
Resistance: 12510-12565-12620
Support: 12420-12365-12310

Short term: Up (5945)
Medium term: UP (5760)
Long term: Up (5180)

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

INTRADAY SHORT NIFTY FUT CMP 6158 STOPLOSS DAY HIGH 6170 TARGET LATER

NIFTY DAILY OUTLOOK OCT 8, 2010

On Thursday, market opened flat and remains volatile, during second half of trading session selling came in all the indices which led the market fall sharply from the day high and closed in red. Realty, IT, Metal was under selling pressure whereas Banking and Capital Goods remain under profit booking. Volume for the day was higher then last two trading sessions. Market breadth was negative. Midcap and Smallcaps index closed in red.

For the day, the level of 6090 and 6065 may act as a major support for the market and the level of 6150 and 6175 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 6150 with stop loss 6120 for target 6175 / 6205 and can go short below 6090 with stop loss 6120 for target 6065 / 6035

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: 6120.30
Range: 6065-6175
Resistance: 6150-6175-6205
Support: 6090-6065-6035

BANK NIFTY: 12536.60
Range: 12340-12720
Resistance: 12610-12670-12720
Support: 12450-12390-12340

Short term: Up (5945)
Medium term: UP (5760)
Long term: Up (5180)

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

Astro View on Nifty 8th October 2010

•Few days in October are positive, while few of them are negative, thus do not rely on it.
•Volatile dates : 8, 13, 14, 15, 18, 20, 26, 28, 29.
•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.
•10:20 can be called today's psychology time.
•From 11.05 till the end of the day, there may be a buying trend at Nifty, but be ready for frequent, small corrections. There is no chance that the market will remain up, perpetually.

Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH

FIVE POSITIONAL SELL TRADING CALLS

• POSITIONAL SELL NIFTY (SPOT LEVELS)
BELOW 6120 (CLOSING REQUIRED)
STOPLOSS 6225 TARGET 5990-5970 / 5925-5985

• POSITIONAL SELL JSWSTEEL (CASH LEVELS)
1390-1370 STOPLOSS 1405 TARGET 1325 / 1310

• POSITIONAL SELL M&M (CASH LEVELS)
BELOW 730 (CLOSING REQUIRED)
STOPLOSS 760 TARGET 685 / 665

• POSITIONAL SELL PNB (CASH LEVELS)
BELOW 1295 (CLOSING REQUIRED)
STOPLOSS 1335 TARGET 1230 / 1160

• POSITIONAL SELL SBIN (CASH LEVELS)
BELOW 3210 (CLOSING REQUIRED)
STOPLOSS 3250 TARGET 3100-3080

OM SHRI GANESHAYA NAMAH

NIFTY DAILY OUTLOOK OCT 7, 2010

On Wednesday, market opened gap-up and was under selling pressure. Market remains highly volatile thru out the day and during last hour of trading session market recovered from the lows. Oil & Gas, Metal and Auto remain positive whereas FMCG & Banking remain under profit booking. Volume for the day was low. Market breadth was positive. Midcap and Smallcaps index closed in green.

For the day, the level of 6170 and 6045 may act as a major support for the market and the level of 6205 and 6230 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 6205 with stop loss 6185 for target 6230 / 6245 and can go short below 6170 with stop loss 6190 for target 6045 / 6030

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: 6186.45
Range: 6045-6230
Resistance: 6205-6230-6245
Support: 6170-6045-6030

BANK NIFTY: 12629.20

Range: 12460-12790
Resistance: 12690-12745-12790
Support: 12570-12510-12460

Short term: Up (5945)

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

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

Astro View on Nifty 7th October 2010

•Few days in October are positive, while few of them are negative, thus do not rely on it.
•Volatile dates : 8, 13, 14, 15, 18, 20, 26, 28, 29.
•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.
•At about 9:55, Ganesha advises you to keep an upper limit while dealing and to take one exit.
•From 9:55 to 11:05, the market may seem direction-less.
•From 11:05 to 13:15, after changing the patterns frequently, Nifty will make you do jobbing, eventually giving good returns.
•13:15 is today's psychology time, states Ganesha.

Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH