NIFTY DAILY OUTLOOK NOV 24, 2010

On Tuesday, market opened gap-down and remain under selling pressure due to week global clues, however buying in final hour of trading session helped market to cover major losses for the day but closed down in red. Realty, Metals and Oil & Gas stocks were under heavy selling pressure. Volume for the day was higher then previous trading session. Market breadth was negative. Midcap Index and Small caps Index closed down in red.

For the day, the level of 5910 and 5885 may act as a major support for the market and the level of 5970 and 5995 may act as a major hurdle. 

The Medium term trend will turn positive above the level of 5970.

"Spot Levels" Day trader can go long on nifty above 5970 with stop loss 5940 for target 5995 / 6025 and can go short below 5910 with stop loss 5940 for target 5885 / 5855.

INDEX RANGE

NIFTY: 5934.75
Range: 5885-5995
Resistance: 5970-5995-6025
Support: 5910-5885-5855

BANK NIFTY: 12206.5
Range: 11885-12530
Resistance: 12315-12420-12530
Support: 12090-11985-11885

Short term: Down (6130)
Medium term: Down (5970)
Long term: Up (5350)

Cash Market Trading Activity (Prov. Figure in Rs. Crores)

Cat: Buy Val - Sell Val=   Net Val
FII:  2868.01-4361.2= -1439.19
DII:  2255.28-752.31= +1502.97

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

Astro View on Nifty 24th November 2010

•Today, the Moon is in the Ardra Nakshatra, (which is also Rahu's Nakshatra) of the zodiac sign, Gemini.
•Today, the Moon and Rahu are in conjuction, which may result into an unpredictable market. However, the weightage of the day seems positive.
•Tomorrow is the last day for Futures & Options (F&O), thus, don't take the same position in the coming month.
•From 9:15 to 11:00, it is a boring slot; even if you don't do anything, it won't matter much.
•From 11:00 to 12:50, the time slot makes an amazing graph. Nifty may make you do jobbing on the upper side and bring you back to where you begun. Be cautious.
•From 12:50 to 14:15, Nifty may become soft around the psychological figure.
•From 14:15 to 15:25, Nifty may go up.
•From 15:25 to 15:30, it's a boring slot again

Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH

NIFTY UPDATE ??5825?? LOW 5824.95

AS TOLD NIFTY SPOT MINOR SUPPORT @ 5825 MADE A LOW OF 5824.95

IF SUSTAIN ABOVE ON CLOSING BASIS AND 2MORROW ALSO

THEN WE CAN BOUNCE BACK TILL 5930 / 5980 ....

ELSE  FALL WILL CONT... TILL 5600-5500 LEVELS

OM SHRI GANESHAYA NAMAH

Astro View on Nifty 23rd November 2010

•Today, the Moon is in the Mrugshirsh Nakshatra of the zodiac sign-Taurus.
•The Lord of the 1st and the 10th House, Jupiter, will enter the 12th House during the closing time. Thus, there may be a buying trend at FII, and later the trend may go downwards. But don't you worry; the trend will go on till 12:25.
•The weightage is good today, and this may support the market, feels Ganesha.
•12:25 to 13:00, Nifty may suddenly go down, but by how many points is difficult to predict, five days prior to it.
•13:00 to 15:00, Nifty may go up step-by-step. But keep in mind that it may not go up at the beginning itself. (0.01) Consider the weightage given in the bracket; its marginal.
•From 15:00 to 15:30, it's not a favourable period, as you may take the entry on the upper-side and later face the pressure.

Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH

NIFTY UPDATE ??5930?? AND INTRADAY SELL BELOW 5940 NIFTY SPOT

If today manage to give closing above 5930 today and even 2morrow then chance of recovery else big fall expected with minor support @ 5825

Intraday can short nifty fut as per spot level below 5940 stoploss 5970 target 5890-5880
nifty spot levels

OM SHRI GANESHAYA NAMAH

NIFTY UPDATE AND LONG TERM STOCK PICKS FOR 2-3 TIMES

Asian market mix
Euro and US future trading higher

Market will remain range bound if remains above 5930 with hurdle at 5980 / 6060 / 6130
bull zone above 6130 ....  bearish below 5930
Two days close below 5930 big fall on cards with minor support 5825 ... will head for 5500-5600 levels

can accumlate on dips balrampur / hcc / lanco infra (litl) in fno for long term

can accumulate deltacop on dips in cash 

for target 2-3 times from cmp

OM SHRI GANESHAYA NAMAH

NIFTY WEEKLY & DAILY OUTLOOK NOV 22, 2010

As advice last Monday look for buying in market only above the level of 6130 only, however if market remain below the same will attract fall upto 5930. For this week use rally to cut long side position and look for buying only if market remains above level of 6130, As Told last week also medium term trend will turn negative below the level of 5930 and if market remains below the same will attract fall upto levels of 5500-5600 with a minor support at 5825. Being the expiry week for November series, market may remain highly volatile.
For the day, the level of 5860 and 5830 may act as a major support for the market and the level of 5915 and 5945 may act as a major hurdle. Be cautious as market may continue the negative trend.  Banking and IT may attract selling however power may attract buying

The Medium term trend will turn positive above the level of 5930.

"Spot Levels" Day trader can go long on nifty above 5915 with stop loss 5885 for target 5945 / 5970 and can go short below 5860 with stop loss 5890 for target 5830 / 5805.

INDEX RANGE

NIFTY: 5890.30
Range: 5830-5945
Resistance: 5915-5945-5970
Support: 5860-5830-5805

BANK NIFTY: 12063
Range: 11860-12255
Resistance: 12140-12205-12255
Support: 11975-11920-11860

Short term: Down (6130)
Medium term: Down (5930)
Long term: Up (5350)

Cash Market Trading Activity (Prov. Figure in Rs. Crores)

Cat: Buy Val - Sell Val=   Net Val
FII:  3926.43-3558.52= +367.91
DII:  1697.72-1397.42= +300.19

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

Astro View on Nifty 22nd November 2010

•The Moon is in the Rohini Nakshatra of the zodiac sign ? Taurus. Today, Moon is exalted, Venus is in its own sign & Mars too, is in its own sign. Rahu in the 1st House in opening kundali is not considered  good.
•Tomorrow is Power Grid's listing.
•In Navmansh Kundali, Mercury and Mars conjunction may keep the banking sector in news. The weightage is zero today; do timepass, the days ahead are smooth for operations.
•From 9:15 to 12:25, the time slot may be positive.
•From 12:25 to 14:15, Nifty may lose strength.
•From 14:15 to 15:30, there may be a short covering at Nifty; however, also remember that the day's weightage equals to zero.

Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH

NIFTY DAILY OUTLOOK NOV 19, 2010

On Thursday, market opened higher and had a highly volatile trading session with a big see-saw movement (up-down-up), closed flat up in green. Banking stocks was under heavy selling pressure however Metals and Auto attracted huge buying. Volume for the day was higher then previous trading session. Market breadth was negative. Midcap Index closed up in green whereas Small caps Index closed down in red.

For the day, the level of 5965 and 5940 may act as a major support for the market and the level of 6025 and 6050 may act as a major hurdle.

The Medium term trend will turn negative below the level of 5930.

"Spot Levels" Day trader can go long on nifty above 6025 with stop loss 5995 for target 6050 / 6080 and can go short below 5965 with stop loss 5995 for target 5940 / 5910.

INDEX RANGE

NIFTY: 5998.80
Range: 5940-6050
Resistance: 6025-6050-6080
Support: 5965-5940-5910

BANK NIFTY: 12315.20
Range: 12080-12625
Resistance: 12405-12515-12625
Support: 12290-12185-12080

Short term: Down (6170)
Medium term: Up (5930)
Long term: Up (5500)

Cash Market Trading Activity (Prov. Figure in Rs. Crores)

Cat: Buy Val - Sell Val=   Net Val
FII:  4062.11-4514.82= -452.71
DII:  1664.85-1546.42= +118.43

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

Astro View on Nifty 19th 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.
•Refer to Ganesha's article in the same column in the yearly graph overview, 2010 and see what we had predicted for the period between 20th November, 2010 and 6th December, 2010 and take position accordingly. Also refer to the December 2010 PDF file.
•Although our astrologers do the predictions one week in advance, they are accurate. Ganesha advises you to make the best use of them.
•Take Ganesha's alerts & warning seriously, and take optimum advantage of astrology in these matters.
•Deal as per your wishes till 6th December, 2010. After that, Ganesha will guide you about the profits & losses, daily. If you do not square-off your position on that particular day, there is no guarantee that you may come across the same price later on. The market may be highly fluctuating on both the sides.
•Jupiter, from today, is transiting through Aquarius, and Venus starts transiting through its own sign Libra.
•The Moon is in the Ashwini constellation of zodiac sign Aries, the Lord of which is Ketu. It's a day when you will have to be careful as the profits may not be according to your expectations.
•On 22nd November, 2010, the monthly average of days & yearly graph weightage will be zero. Be cautious, & avoid long position.

Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH