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ASTRO TECHNICAL GUIDE FOR NIFTY

for November 24, 2017

Closing Session Better
Tithi :: Maargasira Sukla Shashti
Nakshatra ::Uttarashadha/ Sravanam
Persons born in Punarvasu, Visakha and Poorvabhadra and those born in Aquarius and Gemini are advised to be alert in their dealings.
Sensitive / Trend change Timings : 10.00 A M;
Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected to remain Subdued till about 1.45 PM and remain Betterafter 2 PM till about end of the day.
Astro Technical Trading Strategy...
If Nifty fut trades below ATP by about 9.30 AM, Short Positions can be taken with suitable SL and such positions can be closed by about 1.45 PM. If Nifty fut trades above ATP by about 2.00, Long positions can be taken with suitable SL  and such positions can be closed  by end of the day.
Technical Levels... Resistance : 10390,10425 Support : 10310,10275
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IF resistance levels are achieved in the forenoon session, buying may be avo…
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ASTRO TECHNICAL GUIDE FOR NIFTY

for November 23, 2017

First Half Bullish / Closing Session Bearish 
Tithi :: Maargasira Sukla Panchami
Nakshatra ::Uttarashadha
Persons born in Aardra, Swathi and Sathabhisham and those  born in Capricorn and Taurus are advised to be alert in their dealings.
Sensitive / Trend change Timings : 1.43 P M
Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected to remain Subdued till about 10.15 AM and remain Better thereafter till about 1.45PM and then could remain Subdued there after till about end of the day.
Astro Technical Trading Strategy...
If Nifty fut trades above ATP by about 10.30 AM, Long Positions can be taken with suitable SL and such positions can be closed by about 1.45 PM. If Nifty fut trades below ATP by about 2.00, Short positions can be taken with suitable SL  and such positions can be closed by end of the day.
Technical Levels...
Resistance : 10385,10420 Support :10305,10270

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IF re…

PERSONAL WEALTH TO REACH usd 2.1 TRILLION BY 2022

Even though personal wealth has been increasing in the country, there's a considerable wealth poverty with as many as 92 per cent of the adult population having a networth below USD 10,000, and just 0.5 per cent of them having a networth over USD 1,00,000. But the country will see rapid growth in wealth, adding USD 2.1 trillion by 2022, an increase of 42 per cent over the present level of USD close to USD 5 trillion. "Total wealth here has risen fourfold between 2000 and 2017, reaching USD 5 trillion in mid-2017. Despite this and having four times the population of the US, India's total wealth is comparable to the level for the US 90 years ago. "But we expect this to reach USD 6 trillion in real terms by 2022, which is comparable with the level in the US in 1936," Swiss brokerage Credit Suisse said a report. The report further said the country would have 3,70,000 millionaires in 2022, up from 2,45,000 now, an increase of over 50 per cent. India saw a 9.9 per cen…

ASTRO TECHNICAL GUIDE FOR NIFTY

for November 22, 2017

Zigzag Movements with Bullish Bias Tithi :: Maargasira Sukla Chavithi
Nakshatra ::Poorvashadha
Persons born in Mrigasira, Chitta and Dhanishta and those born in Capricorn and Taurus are advised to be alert in their dealings.
Sensitive / Trend change Timings : 10.35 A M;
Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected to remain  Better till 11.20 AM and remain Subdued thereafter till about 1.10PM and remain Better there after till about 2.45 PM and remain Subdued thereafter till Close.
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 11.15 AM. If Nifty fut trades above ATP by about 1.15PM, Long positions can be taken with suitable SL and such positions can be closed by 2.40 PM.
Technical Levels... Resistance : 10365,10400 Support :10285,10250

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KEY INFO THROUGH WHATS APP

Sebi, bourses checking listed cos' trade details
Sebi and exchanges have started examining trade details of over two dozen stocks as part of a probe into alleged leak of key financial details of these companies through WhatsApp while the regulator is also considering seeking call data records of the persons involved. The companies include several listed blue-chip firms, officials said on the condition of anonymity. The exchanges are analysing the trade data of the last 12 months of such companies in order to detect any possible breach of norms while Sebi is taking the help of data warehouse and its intelligence systems, they added. Under Sebi rules, all the financial details of listed companies should be disseminated only through stock exchanges as they are considered price-sensitive. Besides, Sebi is considering seeking call data records (CDRs) of all the persons involved in alleged circulation of key financial details and other information about listed companies on social media …

COFFEE POWER TO LONDON BUSES

In a first, waste coffee grounds will be used to make biofuels to power some of London's buses from today, according to a media report. A biofuel created by blending oil extracted from coffee waste with diesel is to be added to the public transport fuel supply, BBC reported. Technology firm bio-bean says it has produced enough coffee oil to power one bus for a year. Transport for London (TfL) has increasingly turned to using biofuels to reduce transport emissions. Biofuel made using waste products such as cooking oil and tallow from meat processing is already used in many of the capital's 9,500 buses, the report said. However, this is thought to be the first time a coffee- derived biofuel has been added to London's public transport system. Londoners create 200,000 tonnes of coffee waste a year, according to bio-bean. The company takes the used grounds from coffee shops and instant coffee factories, and extracts oil from it in its factory. This is then processed into a blen…

ASTRO TECHNICAL GUIDE FOR NIFTY

for November 21, 2017

Closing Hour Better
Tithi :: Maargasira Sukla Thadiya Nakshatra ::Moola Persons born in Rohini, Hastha and Sravanam and those born in Capricorn and Taurus are advised to be alert in their dealings.
Sensitive / Trend change Timings : 2.15PM;
Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected to remain Subdued from 9.30 AM and remain So till about 2.40PM and remain Better thereafter till about3.30PM.
Astro Technical Trading Strategy...
If Nifty fut trades Subdued below ATP by about 9.45 AM, Short Positions can be taken with suitable SL and such positions can be closed by about 2.30 PM. If Nifty fut trades above ATP by about 2.45PM, Long positions can be taken with suitable SL and such positions can be closed by 3.30 PM.
Technical Levels... Resistance : 10335,10370  Support :10260,10225

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IF resistance levels are achieved in the forenoon session, buying may be avoided at high…

CARD TRANSACTIONS SOAR TO 84%

The debit and credit card transactions have jumped to Rs 74,090 crore in September this year, up a hefty 84 per cent as compared to the same month last year when it stood at Rs 40,130 crore, thanks to the government push for non-cash payments, says a study. The transaction volume at all points of sale (POSes) clipped higher by 86 per cent to 378 million in September this year over the same period last year when it stood at 203 million, European payment solutions provider Worldline said in a weekend report quoting the Reserve Bank data. In September 2016 the number stood at 203 million, it added. The push to increase cards usage started with the Prime Minister Jan Dhan Yojana (PMJDY) in August 2014, the survey said. Total number of cards as of September 2017 stood at 853 million. Of this, 33.3 million were credit cards and 819.8 million were debit cards. There was a marked spurt, especially for debit cards, which shot by 39 per cent in 2015 because of the new Jan Dhan accounts. Post-de…

WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

Further Trend would be Up above 10350
Outlook for the Week 20.11.2017 to 24.11.2017  
NIFTY :: 10284 (-38)
Nifty traded in a range of 10094 to 10344 during last week and closed nearer to the High of the range for the week at 10284 with a Loss of 38 Points (a Loss of about 0.37%). Market had closed with a Negative outlook
The short term trend too is rather Bullish. It is Bullish both for Medium and Long term, However, Short term would become Bearish if Nifty comes and closes below 10100
20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 10300, 10120, 9979 and 9581 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 Eight months ago) suggesting that the Long term outlook has become Bullish and Nifty continues to trade above most of the moving averages and hence can be considered as Bullish.
Technical Levels...
Bullish above 10365 with Resistance…

INDIAN MILLENIALS PREFER CAREER OVER MARRIAGE

When it comes to life goals, millenials in India choose career over marriage followed by owning a house, studying abroad and travelling the world, says a survey. The survey conducted by matchmaking service provider Shaadi.com said marriage stood second in the ranking order after career. The survey, based on responses from 7,398 Indian men and women in the age group of 20-35 years, said 59 per cent respondents plan to initiate marriage talks by themselves and have a planned marriage while 19 per cent opted for arranged marriage as decided by family. Out of the polled millenials, 58 per cent were men and 42 per cent women. "Over the last couple of years we have witnessed a rising trend of individuals signing up on the platform, with over 75 per cent of members seeking marriage partners for themselves and not for a family member," Shaadi.com CEO Gourav Rakshit said. Besides, 23 per cent millenials said they would like to marry the partner they find. In terms of singles playing …