NIFTY DAILY OUTLOOK OCT 15, 2010

On Thursday, market opened positive making higher highs but as expected profit booking came in from higher levels, mostly all indices were in red with heavy selling however IT and Metals out performed. Banking, Capital Goods and Oil & Gas were under selling pressure. Volume for the day was lower then last session. Market breadth was negative. Midcap and Smallcaps index closed in negative.

For the day, the level of 6145 and 6120 may act as a major support for the market and the level of 6205 and 6230 may act as a major hurdle. Market would be range bound with flat to negative. IT sector may attract profit booking.

The short term trend will turn negative below the level of 6050.

Day trader can go long on nifty above 6205 with stop loss 6175 for target 6230 / 6260 and can go short below 6145 with stop loss 6175 for target 6120 / 6090.

INDEX RANGE

NIFTY: 6177.35
Range: 6120-6230
Resistance: 6205-6230-6260
Support: 6145-6120-6090

BANK NIFTY: 12598.80
Range: 12435-12775
Resistance: 12665-12720-12775
Support: 12545-12490-12435

Short term: Up (6050)
Medium term: UP (5760)
Long term: Up (5180)

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

Astro View on Nifty 15th 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.
•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 today onwards, don't rely on the opening till Ganesha gives you any indication. Forget about BTST and PTST calls.
•Without worrying about the American job data, till 10:40 in India, Nifty will be somewhere around the surface or may be slightly negative.
•Don't prepare your portfolio according to the European Bank or Bank of England. Move ahead with your kundali.
•There will be fluctuation on both sides- smallcap as well as midcap. You are advised to focus on the share you are interested in

Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH

NIFTY DAILY OUTLOOK OCT 14, 2010

On Wednesday, market opened positive and traded higher thru out the day. Almost all sector performed well. IT index out performed whereas Metal index under performed. Market breadth was positive.
Volume for the day was higher then past few sessions. Midcap and Smallcaps index closed up with 1% of gains.

For the day, the level of 6200 and 6175 may act as a major support for the market and the level of 6260 and 6285 may act as a major hurdle. Market may be highly volatile and be cautious at higher levels as profit booking may come.

The short term trend will turn negative below the level of 6050.

Day trader can go long on nifty above 6260 with stop loss 6230 for target 6285 / 6310 and can go short below 6200 with stop loss 6230 for target 6175 / 6150.

INDEX RANGE

NIFTY: 6233.90
Range: 6170-6285
Resistance: 6260-6285-6310
Support: 6200-6175-6150

BANK NIFTY: 12745
Range: 12290-12620
Resistance: 12780-12830-12880
Support: 12710-12660-12610

Short term: Up (6050)
Medium term: UP (5760)
Long term: Up (5180)

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

Astro View on Nifty 14th 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. 
•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
•People with Aries, Leo and Taurus as their Moon-signs should wear gold and refer to their kundali as well.
•From 9:00 to 10:57,  Nifty is likely to change from strong to soft and soft to strong frequently. Hence, Ganesha advises you to follow whatever the undertone says.
•From 10:57 to 11:49, Nifty may go up, displaying a mixed pattern

Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH

NIFTY DAILY OUTLOOK OCT 13, 2010

On Tuesday, market opened lower with continues selling pressure. IIP numbers was below market expectation which made the market breadth further negative and with an increase in volatility. Some buying came during final hour of closing session which helped market to shed some loses. Capital Goods, Realty and Metals were under selling pressure whereas Banking and IT was under profit booking. Volume for the day was quite low. Market breadth was negative. Midcap and Smallcaps index closed in red.

For the day, the level of 6065 and 6040 may act as a major support for the market and the level of 6115 and 6140 may act as a major hurdle. Be 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: 6090.90
Range: 6040-6140
Resistance: 6115-6140-6165
Support: 6065-6040-6015

BANK NIFTY: 12461.80
Range: 12290-12620
Resistance: 12510-12565-12620
Support: 12390-12340-12290

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

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

Astro View on Nifty 13th 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 9:00 to 9:55, Nifty may hover around the surface, though risky, it will be on the upper side.
•From 9:55 to 10:45, there may be a downward trend at Nifty.
•From 10:45 to 15:30, FII, M.F and local investors may do buying in particular scrips, but do keep in mind that the weightage does not support it.

Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH

FOUR POSITIONAL SELL TRADING CALLS PNB / SBIN / HINDALCO / STER

POSITIONAL SELL PNB (CASH LEVELS)
BELOW 1310 (CLOSING REQUIRED)
STOPLOSS 1340 TARGET 1230 / 1160

POSITIONAL SELL SBIN (CASH LEVELS)
BELOW 3220 (CLOSING REQUIRED)
STOPLOSS 3285 TARGET 3100-3080

POSITIONAL SELL HINDALCO (CASH LEVELS)
BELOW 211 (CLOSING REQUIRED)
STOPLOSS 219 TARGET 190 /184

POSITIONAL SELL STER (CASH LEVELS)
180-178 STOPLOSS 184 TARGET 174 / 170

OM SHRI GANESHAYA NAMAH

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