NIFTY DAILY OUTLOOK NOV 10, 2010

On Tuesday, market opened flat and traded weak in a range thru out the day however during final hour of session market attracted buying and closed up in green. Realty and FMCG outperformed whereas Oil & Gas sector was under selling pressure. Overall it was a highly volatile trading session. Volume for the day was lower then previous trading session. Market breadth was positive. Midcap and Small caps index closed up in green.

For the day, the level of 6290 and 6265 may act as a major support for the market and the level of 6320 and 6345 may act as a major hurdle. Auto and Banking counters may attract profit booking.

The Short term trend will turn negative below the level of 6130.

"Spot Levels" Day trader can go long on nifty above 6320 with stop loss 6290 for target 6345 / 6375 and can go short below 6290 with stop loss 6320 for target 6265 / 6235.

INDEX RANGE

NIFTY: 6301.55
Range: 6265-6345
Resistance: 6320-6345-6375
Support: 6290-6265-6235

BANK NIFTY: 13121.30
Range: 12965-13300
Resistance: 13190-13245-13300
Support: 13075-13020-12965

Short term: Up (6130)
Medium term: Up (5930)
Long term: Up (5180)

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

Astro View on Nifty 10th November 2010

•Overall, Nifty will remain in a particular range and do time-pass around the psychological figure. New position may not yield benefits.
•Puarwashado constellation Sagittarius moon today in the first phase Moon cross Rahu so may hover around the surface or on the upper side.
•There may be a small correction at 10:24, 11:15, 11:50 and there may be a high jump at 11:30; Be cautious says Ganesha.

Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH

NIFTY DAILY OUTLOOK NOV 9, 2010

On Monday, market opened flat and traded in a small range for thru out the day. Most of the indices were seen under profit booking. Realty and Metals outperformed whereas Banks and IT underperformed. Overall it was a volatile trading session. Volume for the day was higher. Market breadth was negative. Midcap and Small caps index closed flat.

For the day, the level of 6250 and 6225 may act as a major support for the market and the level of 6310 and 6335 may act as a major hurdle.

The Short term trend will turn negative below the level of 6130.

"Spot Levels" Day trader can go long on nifty above 6310 with stop loss 6280 for target 6335 / 6365 and can go short below 6250 with stop loss 6280 for target 6225 / 6195.

INDEX RANGE

NIFTY: 6273.20
Range: 6225-6335
Resistance: 6310-6335-6365
Support: 6250-6225-6195

BANK NIFTY: 13105.10

Range: 13070-13460
Resistance: 13140-13250-13360
Support: 13030-12920-12810

Short term: UP (6130)

Medium term: UP (5930)
Long term: Up (5180)

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

Astro View on Nifty 9th November 2010

•New Year's going start time emerged ascendant Scorpio ascendant and Moon in the horoscope - Mars - Mercury is the conjunction. Rahu in Sagittarius sign in deblited sign, in 4th house Jupiter and retrograte position, Saturn posited in House of gains, in expenses and Foreign Investors House in 12th place deblited Sun and Venus own House present.
•As we mentioned in the Diwali issue, keep taking frequent entries & exits . This will help you in more gains & benefits than losses.
•Today, Sagittarius Moon and the constellation Moon the first phase Lord is Ketu. Chandra Rahu is going to meet, so the market can be said direction-less, but don't worry they are - different Nwamaansh but Ganesh still recommend to be careful.
•From 13:15 to 15:00, Nifty may remain soft.
•From 15:00 till the last 30 minutes, there may be a little buying trend at Nifty.

Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH

NIFTY DAILY OUTLOOK NOV 8, 2010

As told last Monday look for selling only below 5930 and buying above 6130, last week nifty made a low of 5937 just above the support level and bounced back sharply with a rapid buying above 6130 as expected and made a high of 6339. For this week level to watch out is 6280 if remain above the same on closing basis market likely to hit levels near 6500, if market fails to hold the same on closing basis then can come down till 6130 and below 6130 can retest the support of 5930.It is advisable to hold long position with strict stop loss and hedge long position if market remains below 6280.  

For the day, the level of 6285 and 6260 may act as a major support for the market and the level of 6335 and 6360 may act as a major hurdle.

The Short term trend will turn negative below the level of 6130.

"Spot Levels" Day trader can go long on nifty above 6335 with stop loss 6305 for target 6360 / 6380 and can go short below 6285 with stop loss 6305 for target 6260 / 6040.

INDEX RANGE

NIFTY: 6312.45
Range: 6260-6360
Resistance: 6335-6360-6380
Support: 6285-6260-6240

BANK NIFTY: 13268.70
Range: 13070-13460
Resistance: 13350-13410-13460
Support: 13180-13130-13070

Short term: UP (6130)
Medium term: UP (5930)
Long term: Up (5180)

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

Astro View on Nifty 8th November 2010

Ganesha wishes you and your family a very happy & prosperous New Year! May all the planets, nakshatras, dashas & Ganeshji shower their blessings upon you and your family in the coming year!

Today's Jeshtha constellation Scorpio moon will visit in the first phase of the owner of the Star, Mercury.

Avoid the view of pre-opening market.

From 9:15 to 13:40, Nifty may go up, step-by-step.

From 13:40 till the closing bell, Nifty may create a downward pattern; there may be a buying trend in between.

Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH

Astro View on Nifty 5th November 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.
•On the auspicious day of Diwali, avoid selling, instead, deal through buying & don't speculate. In our Shaastra, selling is not considered to be auspicious.
•Whatever you buy today, keep it aside for the 'muhurat'; don't focus on intraday today.
•We wish all our customers a very happy & prosperous New Year! May all the planets, nakshatras, dashas & Ganeshji shower their blessings upon you and your family in the coming year!

Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH

!!! HAPPY DIWALI !!!

WISHING YOU  & YOUR FAMILY 

A HAPPY & COLORFUL 

DIWALI  

MAY YOU ALL GET LOTS OF GIFTS

ENJOY DIWALI WITH FAMILY....

HAVE A  SWEET AND SAFE DIWALI 

HAVE A BLAST THIS DIWALI WITH YOUR BELOVED ONE....

WISHING AGAIN HAPPY DIWALI .....!!! 

NIFTY DAILY OUTLOOK NOV 4, 2010

On Wednesday, market opened gap-up and traded higher in a small range for thru out the day. Metals and Auto outperformed whereas Oil & Gas underperformed. Volume for the day was lower then previous trading session. Market breadth was positive. Midcap and Small caps index closed up in green.

For the day, the level of 6145 and 6115 may act as a major support for the market and the level of 6180 and 6210 may act as a major hurdle. Market expected to trade in small range, be cautious at higher levels.

The Short term trend will turn negative below the level of 6060.

"Spot Levels" Day trader can go long on nifty above 6180 with stop loss 6160 for target 6210 / 6235 and can go short below 6145 with stop loss 6165 for target 6115 / 6090.

INDEX RANGE

NIFTY: 6160.50
Range: 6115-6210
Resistance: 6180-6210-6235
Support: 6145-6115-6090

BANK NIFTY: 12891.90
Range: 12730-13060
Resistance: 12950-13005-13060
Support: 12840-12785-1273

Short term: UP (6060)
Medium term: UP (5930)
Long term: Up (5180)

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

Astro View on Nifty 4th November 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.
•During the pre-opening period, Nifty may hover around the surface, gradually moving northward till 12:10, predicts Ganesha
•From 12:10 to 14:00, Nifty may go up step-by-step.
•From 14:00 to 15:30, do not rely upon the market; it may make you gamble on the soft side

Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH