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ASTRO TECHNICAL GUIDE FOR NIFTY

for January 17, 2018

First Half Better/Second Half Subdued
Tithi :: Magha Sukla Padyami
Nakshatra ::Uttarashadha
Persons born in Aardra, Swathi and Sathabhisham and those  born in Aquarius and Gemini are advised to be alert in their dealings.
Sensitive / Trend change Timings :12.00PM
Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected to Open Steady and remain Subdued till about 9.35 AM and remain Better thereafter till about 12.45PM and remain Steady/Subdued thereafter till about Close of the day.
Astro Technical Trading Strategy...
If Nifty fut trades above ATP by about 9.45 AM, Long  Positions can be taken with suitable SL and such positions can be closed by about 12.30 PM. IF Nifty fut trades below ATP by about 1.30 PM , Short Positions can be taken with suitable SL and such positions can be closed by end of the day.
Technical Levels... Resistance : 10740,10775 Support :10660,10625


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IF resist…
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WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

Caution at Higher Levels    
Outlook for the Week 15.01.2018 to 19.01.2018
NIFTY : 10681 (+122)
Nifty traded in  a  narrow range of 10589  to 10690 during last week and closed nearer to the High of the range  for the week at 10681 with a Gain of 122 Points (about 1.16%).  Market Gained  about 122 points through out the week only by losing  5 points  on Wednes day. Market had goneup for 6 weeks in a row and next week again it could go up for One more week.
- Market had closed with a  Positive   outlook  with a Gain of 1.16% i.e.,116 points . The short term trend is quite Bulliish. It is quite  Bullish   for  Both  Medium Term and  Long term. However, Short term would become Bearish if Nifty comes  Down and closes below  10500.
- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 10527, 10390, 10225 and 9907 respectively and would act as  Supports  and Resistances.
- Nifty continues to trade above  the 200 DMA and also above   the 50 DMA and 50 DMA  has  come above   200 DMA (Golden  Cross…

ISRO HITS CENTURY

Launches Cartosat 2 series
India today reaffirmed its space prowess and commercial launch capabilities as it successfully launched its 100th satellite along with 30 other spacecraft including weather observation Cartosat 2 series onboard the Polar rocket from Srhiarikota Space Centre. This was PSLV's longest-ever mission. With the successful launch, including 28 satellites from foreign countries, by the Polar Satellite Launch Vehicle (PSLV), ISRO put behind a rare failure it encountered four months ago. The Indian Space Research Organisation (ISRO) had suffered a setback after the failure of the earlier PSLV-C39 mission in August last year.
The previous mission to launch backup navigation satellite IRNSS-1H on board PSLV-C39 had failed after the heat shield did not separate in the final leg of the launch sequence, with the satellite getting stuck in the fourth stage of the rocket. Today's mission marked a milestone in ISRO's annals with a micro satellite, among the three In…

NO MAJOR & PROLONGED CORRECTION IN INDIAN EQUITIES

Predicts Credit Suisse
Global brokerage Credit Suisse is "cautiously optimistic" on Indian equities but added that it does not expect any major and prolonged correction in the stocks this year. Though it is enthused by the reform momentum in the country, the fiscal crunch, several state elections, earning downgrades and high valuations make it "nervous", it said. The report authored by Jitendra Gohil, Head of India Equity Research at Credit Suisse. Any sharp and prolonged correction in Indian equities is ruled out owing to robust domestic flows and a solid global growth outlook. "The ongoing reforms have not only put India on the top of investors' radar but also lifted India's long-term growth potential, in our view," it said. The report further noted that considering a benign outlook for investments in gold and real estate, coupled with changing investments and spending patterns of the millennials, equity mutual fund flows are expected to remain e…

ASTRO TECHNICAL GUIDE FOR NIFTY

for January 12, 2018

Second Half Subdued
Tithi :: Pushya Bahula Ekadasi
Nakshatra ::Anuadha
Persons born in Bharani,PubbaandPoovashadha and those born in Sagittaius and Aies are advised to be alert in their dealings.
Sensitive / Trend change Timings : 12.32; 2.05PM
Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected to Open Bette and remain Better from 9.50 AM to10.40AMand would remain Steady/Subdued till Close of the day.
Astro Technical Trading Strategy...
If Nifty fut trades above ATP by about 9.30 AM Long Positions can be taken with suitable SL and such positions can be closed by about 11.30 AM. IF Nifty fut trades below ATP by about 12.00PM, Short Positions can be taken by about 12 PM with proper SL and such positions can be closed by about Close of the day.
Technical Levels... Resistance : 10690,10725 Support :10610,10575


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IF resistance levels are achieved in the forenoon session, buying ma…

ASTRO TECHNICAL GUIDE FOR NIFTY

for January 11, 2018

Volatile Movements
Tithi :: Pushya Bahula Dasami
Nakshatra :: Visakha:
Persons born in Aswini, Makha and Moola and those  born in Scorpio and Pisces are advised to be alert in their dealings.
Sensitive / Trend change Timings :11.33AM
Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected to Open Steady and remain Better from 9.50 AM and would remain Better till 11.25AM and remain Subdued thereafter till about  to 1.00 PM and would remain Better thereafter till about 2.45 PM and remain Subdued thereafter.
Astro Technical Trading Strategy...
If Nifty fut trades above ATP by about 9.45 AM Long Positions can be taken with suitable SL and such positions can be closed by about 11.15 AM. IF Nifty fut trades below ATP by about 11.30AM Short Positions can be taken by about 12 PM with proper SL and such positions can be closed by about 2.50 PM and to remain Subdued thereafter . Technical Levels... Resistance : 10670,10705 Support…

NIFTY EARNINGS FLAT IN 2018

UBS Cautious Note

Projecting zero returns from the Nifty, Swiss brokerage UBS has projected a 10 per cent cut in its index target at 10,500 for calendar 2018, even as it remains positive over the long-term. "Top-down, we forecast Nifty earnings growth will recover from 9 per cent in fiscal 2018 to 13 per cent in 2019, but driven largely by financials," the brokerage said in a report. "However, earnings growth is likely to disappoint against consensus forecast of 22 per cent growth for fiscal 2019, implying a 10 per cent cut," it added. Accordingly, the brokerage estimates "no returns from the Nifty in 2018" and has set the index target at 10,500 for this December. The report noted that a sharp earnings recovery, with continued robust macro stability appears priced in by the markets. "A sharp earnings recovery appears priced in. The markets are already close to our 2018 target, given optimistic fiscal 2019 consensus earnings expectations, which build …

ASTRO TECHNICAL GUIDE FOR NIFTY

for January 10, 2018

Mid Session Subdued...
Tithi : Pushya Bahula Navami
Nakshatra : Swathi
Persons born in Aslesha, Jyeshta and Revathi and those born in Scorpio and Pisces are advised to be alert in their dealings.
Sensitive / Trend change Timings :9.28AM
Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected to Open Steady and remain So till about 9.45 AM and would remain Better till 11.20AM and remain Subdued thereafter till about to 2.55 PM and would remain Better thereafter .
Astro Technical Trading Strategy...
If Nifty fut trades above ATP by about 9.45 AM Long Positions can be taken with suitable SL and such positions can be closed by about 11.15 AM. IF Nifty fut trades below ATP by about 11.30AM Short Positions can be taken by about 12 PM with proper SL and such positions can be closed by about 2.45 PM.
Technical Levels... Resistance : 10675,10710 Support :10595,10560


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IF resistance leve…

WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

Caution at Higher Levels
Nifty likely to close negative for the Week
Outlook for theWeek 08.01.2018 to 12.01.2018
NIFTY :: 10559 (+28)
Nifty traded in  a  narrow   range of 10405  to 10566   during last week and closed nearer to the High of the range for the week at 10559 with a Gain of 28 Points. Market made a new 52 week high and made a positive weekly close. As the market had gone up 5 th week time in a row and this week it is likely to have a correction.
The short term trend is quite Bulliish. It is Bullish for Both Medium Term and Long term. However, Short term would become Bearish if Nifty comes Down and closes below 10400.
20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 10424, 10348, 10168 and 9853 respectively and would act as Supports and Resistances.
Nifty continues to trade above the 200 DMA and also above the 50 DMA and 50 DMA has come above 200 DMA (Golden Cross has come more than about Ten months ago) suggesting that the Long term outlook has become Bullish. Nifty contin…

MF ASSETS TO HIT Rs 100 LAKH CRORES BY 2025

Indian mutual fund industry's assets under management (AUM) are expected to touch Rs 100 lakh crore in the next 10 years on account of strong participation from retail investors. At present, the mutual fund industry has an asset base of Rs 22.36 lakh crore. "People want to make money and they have understood the fact that only way to beat the inflation is investment in equity. They are moving away from traditional investment products like gold and real estate and focusing on mutual funds. This will help in reaching the industry AUM to Rs 100 lakh crore in the next 10 years," said Mahindra AMC Managing Director and CEO Ashutosh Bishnoi.  - In 2017, the total asset base of all 42 active fund houses put together surged by an impressive 32 per cent, while it had risen by 24 per cent over the last five years.  - The industry's AUM had crossed the milestone of Rs 10 lakh crore for the first time in May 2014 and in a short span of about three-and-a-half years, the asset base …