INTRADAY SELL NIFTY FUT NIFTY SPOT CMP 6080 STOPLOSS 6095 TARGET 6055 / 6035

TAKE A RISK FOR 50-200 SHARES AND BUY & HOLD KOUTONS CMP 113.50 HUGE VOLUME 40LACS DOWN FREEZE OPEN

NIFTY DAILY OUTLOOK OCT 12, 2010

On Monday, market opened gap-up but could not sustain at higher levels as expected but manage to close up in green. Metals, Auto and Oil & Gas attract good buying whereas Banking and Capital Goods was under profit booking. Volume for the day was quite low. Market breadth was positive. Midcap and Smallcaps index closed in green.

For the day, the level of 6105 and 6080 may act as a major support for the market and the level of 6155 and 6180 may act as a major hurdle. Be cautious at higher levels.

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

Day trader can go long on nifty above 6155 with stop loss 6130 for target 6180 / 6205 and can go short below 6105 with stop loss 6130 for target 6080 / 6055

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

INDEX RANGE

NIFTY: 6135.85
Range: 6045-6155
Resistance: 6155-6180-6205
Support: 6105-6080-6055

BANK NIFTY: 12513
Range: 12340-12670
Resistance: 12565-12620-12670
Support: 12455-12395-12340

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

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

Astro View on Nifty 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