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Showing posts from February, 2015

MIDSESSION SUBDUED

ASTRO GUIDE FOR 27 & REVIEW
NIFTY              8683.25 (-83.40)

Nifty  opened lower and traded with downside bias for the entire day and traded choppy to close with a loss of about 1%. While Railway Budget appeared to be a non event for market, Derivative expiry weighed heavily as most stocks, particularly PSU Banks lost heavily in February Series. Unless Nifty closes above 8840, current down trend could continue. However, significant volatility can be expected in view of the forthcoming Budget. Nifty spot is expected to encounter resistance at 8725, 8765 and find support at 8645, 8610 for  Friday.     While Global cues, Quarterly results   and  Funds flow  are expected to broadly guide the market movement, based on the present market position, market can be expected to be generally subdued during midsession. However, some optimism can be expected in view of the beginning of new derivative series.

WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

SUDDEN & POSITIVE CHANGES...!!
Planetary Position ::  During the current week Moon would be transiting  from Aswini in Aries to Aardra in Gemini .    Sun transits in  Sathabhisham in Aquarius. Mercury   transits  in     Sravana in Capricorn. Venus transits in     Uttarabhadra in Pisces. Mars transits in  Uttarabhadra in Pisces. Saturn transits in   Anuradha constellation in Scropio sign and in Libra Navamsa. Jupiter , in retrograde motion from December 9th   to 8th April 2015, transits in  Cancer in Aslesha constellation in Capricorn Navamsa  . Rahu and Ketu continue their transit in Virgo and Pisces respectively.
During the week fast moving planets and Jupiter make favourable aspects to Uranus, responsible for making sudden changes. As  many important economic events (Budget, Economic Survey, Rail Budget ) would take place, positive sentiment can be expected to prevail. Further Range between Thursday and Friday of last week (19th and 20th February )could be kept  as Astro reference ra…

CLOSING SESSION CRUCIAL

ASTRO GUIDE FOR 20 & REVIEW
Astro Info :: Moon transits in  Poorvabhadra in Aquarius .     Tithi : Sukla Vidiya  ; Weekday:: Friday.  Individuals born in Pisces and Cancer    signs and in Aswini, Makha and Moola     constellations    may remain cautious in their transactions. Senstive time:: 10.35am; 11.40am; 1.10pm; 2.00pm; 3.00pm; Nifty                               8895   +26
Market  Outlook for 20/02/2015 :: Dr B Amaranatha Sastry
Market Outlook for  Friday, 20th February, 2015  :: Closing Session Crucial ….!!!
Nifty  experienced a roller coaster ride by taking out both high and low of the previous day and finally closed in the positive territory due to huge buying in the closing session of the day. Stop loss for Nifty may be trailed to 8775 (on close basis).  Nifty spot is expected to encounter resistance at 8940, 8975 and find support at 8860, 8820 for  Friday.  Nifty is expected to encounter resistance around 8925. While lobal cues, Quarterly results   and  Funds flow  are expect…

EQUITY INVESTORS RICHER BY Rs 5.5 LAKH cr

Stock market investors became richer by Rs 5.5 lakh crore so far this year as the rally in equities boosted the valuation of all listed firms to Rs 103.88 lakh crore. Last year, market investors added a whopping Rs 28 lakh crore to their kitty where the valuation of all listed firms stood at Rs 98.36 lakh crore at the end of 2014.
The total market valuation of all listed firms at the BSE had hit a record high of Rs 100 trillion in November last year.
After rallying 30 per cent last year, the BSE Sensex has already advanced nearly 6 per cent so far in 2015 and now it is trading well above the crucial psychological level of 29,000.
Experts said that anticipating a reform-driven budget, the Sensex has rallied more than 1,600 points.
The benchmark Sensex has gained 1,636.46 points, or 5.95 per cent, to 29,135.88 so far this year. The index scaled its all-time high of 29,844.16 on January 30.
The rise in investor wealth is also on account of the continued surge in the number of listed firms. At…

FORENOON BETTER

ASTRO GUIDE FOR 19 & REVIEW
Astro Info :: Moon transits in  Sathabhisham in Aquarius .     Tithi : Sukla Padyami  ; Weekday:: Thursday.  Individuals born in Pisces and Cancer    signs and in Aslesha, Jyeshta and Revathi    constellations    may remain cautious in their transactions. ] Senstive time:: 11.40; 12.15pm; Nifty                               8869   +60
Market Outlook for  Thursday, 19th February, 2015  :: Forenoon Better ….!!!
Nifty traded in the positive territory throughout the day and despite some profit booking at higher levels, closed with decent gains. Stop loss for Nifty may be trailed to 8750 (on close basis).  Nifty spot is expected to encounter resistance at 8910, 8950 and find support at 8830, 8800 for  Thursday.  Nifty is expected to encounter resistance around 8925. While Global cues, Quarterly results   and  Funds flow  are expected to broadly guide the market movement, based on the present market position, market  is expected to trade generally better in the fo…

BUY ON DECLINE...

WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

NIFTY @ 8806 (+145)
PLANETERY POSITION During the current week Moon would be transiting  from Poorvashadha  in Sagittarius  to Poorvabhadra in Aquarius.   Sun transits in  Dhanishta and Sathabhisham in Aquarius. Mercury   transits  in      Uttarashadha and Sravana in Capricorn in direct motion. Market witnessed dual movement when it was in retro motion . Venus transits in    Poorvabhadra  and Uttarabhadra in Pisces. Mars transits in  Uttarabhadra in Pisces. Saturn transits in   Anuradha constellation in Scropio sign and in Virgo Navamsa. Jupiter , in retrograde motion from December 9th   to 8th April 2015, transits in  Cancer in Aslesha constellation in Capricorn Navamsa  . Rahu and Ketu continue their transit in Virgo and Pisces respectively. As mentioned in last week report, market bottomed out on Tuesday and is in uptrend for a Pre budget rally.
PREBUDGET RALLY 
Nifty has been behaving unusually in the new year with either continuous uptrend without any re…

EQUITY SCHEMES STOLE THE SHOW

The contribution of equity oriented schemes in mutual funds asset base has increased to 30 per cent over the last nine months of the current fiscal on the back of a sharp rally in stock markets. "The share of equity-oriented schemes in mutual fund assets has been growing since March 2014, increasing from 22 per cent to 30 per cent in December 2014," shows latest data from Association of Mutual Funds in India (AMFI). However, the proportionate share of debt-oriented schemes has fallen from 52 per cent to 45 per cent during the same period. Together, all 45 mutual fund houses manage assets worth over Rs 11 lakh crore. The increased share in equity schemes is in line with the BSE's benchmark Sensex growing by 23 per cent during the April-December period of the current fiscal. Industry experts said continuous inflows into the equity schemes, driven by the positive performance of stock markets, helped mutual fund managers increase their share from equity oriented schemes. The…

BUY ON DECLINE

ASTRO GUIDE FOR 13 & REVIEW
Astro Info :: Moon transits in  Anuradha  in  Scorpio .    Tithi : Bahula Navami ; Weekday:: Friday.  Individuals born in Sagittarius and Aries    signs and in Bharani, Pubba and Poorvashadha     constellations    may remain cautious in their transactions Senstive time:: 11.55; 12.55pm; Nifty                               8712   +85
Market traded in a zigzag fashion in the forenoon and recovered smartly in the Second half due to global cues (after Ukraine Ceasefire) and ended with a gain of about 1% and above 8700 mark. Thursday’s move signals the end of short term bearishness and “Pre budget Rally” seems to have begun and a case of Buy on Decline with 8550 as Stop Loss. Nifty spot is expected to encounter resistance at 8755, 8790 and find support at 8675, 8635 for  Friday.   While Global cues, Quarterly results   and  Funds flow  are expected to broadly guide the market movement, based on the present market position, market  is expected to trade in a zigza…

GOLD DEMAND DIPS

Gold demand in India declined 14 per cent to 842.7 tonnes in 2014 as compared to the previous year, mainly due to government policies putting restrictions on imports, according to the World Gold Council (WGC). The overall demand stood at 974.8 tonnes in 2013, says WGC 'Gold Demand Trend 2014' report. In value terms, the precious metal's demand dipped by 19 per cent to Rs 208,979.2 crore in 2014 as compared to Rs 257,211.4 crore in 2013, it said. The total jewellery demand in India for 2014 was up by eight per cent at 662.1 tonnes as compared to 612.7 tonnes in 2013. In value terms, jewellery demand in 2014 was Rs 208,979.2 crore, a fall of 19 per cent from Rs 257,211.4 crore in 2013. Total imports stood at 769 tonnes, including grey market, as compared to 825 tonnes in 2013. "The grey market gold supply was around 175 tonnes. If there are relaxation in policy, duty cuts and transparent pricing this year, the grey market supply of gold will be significantly reduced,&qu…

CRUCIAL DAY

ASTRO GUIDE FOR 12 & REVIEW
Astro Info :: Moon transits in  Visakha  in Libra and Scorpio .    Tithi : Bahula Ashtami ; Weekday:: Thursday.  Individuals born in Scorpio and Pisces    signs and in Aswini Makha and Moola    constellations    may remain cautious in their transactions. Senstive time:: 9.20am; 11.00am; 12.25pm.,; Nifty                               8627   +62 Market Outlook for  Thursday, 12th February, 2015  :: Crucial Day….!!! Market traded in the positive zone through out the day and gained for the Second day in succession and closed above 8600. Nifty would get out of short term bearishness if it closes above 8660. Nifty spot is expected to encounter resistance at 8670, 8705 and find support at 8590, 8555 for  Thursday.   While Global cues, Quarterly results   and  Funds flow  are expected to broadly guide the market movement, based on the present market position, market  is expected to trade in a zigzag manner in the fore noon session. Thursday’s closing is important as …

BANKING CUSTOMERS...BE ALERT

Cyber security sleuths have alerted e-banking users in the country against the infectious and destructive activity of a "worm" virus which attacks and steals personal login secrets and passwords of an individual. The virus, of the deadly Trojan variant, has been identified and named as 'Cridex' and is considered notorious as it can assume as many as six aliases to perpetrate its activities. "It has been observed that the new variants of Cridex malware are spreading widely. Cridex is an information stealing e-banking Trojan that propagates via removable drives and targets users of online banking/social media for stealing user name, passwords among others," the Computer Emergency Response Team of India (CERT-In) said in its latest advisory to e-banking users in the country. The CERT-In is the nodal agency to combat hacking, phishing and to fortify security-related defences of the Indian Internet domain. The virus spreads by simultaneously opening a backdoor f…

KIRTILAL's LAUNCH MULTIFUNCTIONAL VERSATILE JEWELLERY

Wooing the new age consumers, Kirtilals, a premium fine diamond and gold jewellery brand, today launched multifunctional versatile jewellery to match any outfit or style. A ring can be turned into a bracelet, or a pendent can transform into a pair of dangling earrings or a striking bracelet, Muruganandam, Store Operations Manager, Kirtilals, said launching the collection.
The new collections, starting from Rs 15,000, emphasises the design elements and multi functionality of the jewellery that would match different outfits.
The entire range of collection will be economical since customers don't have to buy a separate matching pendant or stud with their jewellery.
"The market is now evolving, besides gold jewellery, the new age customers are open to unconventional jewellery and designs. To attract this segment of our customers, we are launching the versatile collection, where the customers can easily transform one jewellery into individual pieces of jewellery", he said.
Moreov…

CLOSING SESSION SENSITIVE

ASTRO GUIDE FOR 10 & REVIEW Astro Info :: Moon transits in Chitta and Swathi in Libra . Tithi : Bahula Shashti ; Weekday:: Tuesday. Individuals born in Scorpio and Pisces signs and in Pushyami, Anuradha and Uttarabhadra constellations may remain cautious in their transactions. Nifty Range of Thursday and Friday(Combined High and Low of these Two days i.e., 22 and 23 January) may be regarded as the reference range for the next Three weeks and can be expected to be bullish above the High of this range and Bearish below the low of this range. Now the range is  8866 and 8727 and Hence further bullish above 8866 and Bearish below 8727 and neutral in between these levels. Nifty had traded below 8727 during the last Two days and target of about 8600 opens up., Nifty has breached 8600 Hence Downside target reached. Senstive time:: 10.15am; 12.00pm; 2.00pm; Nifty                               8526   -135
REVIEW
Nifty opened with a down gap due to Delhi exit poll results and fell once again sharpl…

30 CRORE PEOPLE IN EXTREME POVERTY

About 30 crore people still live in extreme poverty in India even as the Millennium Development Goal (MGD) programme will expire in December, a United Nations report has said.
"Still nearly 300 million people live in extreme poverty in India and face deprivation in terms of access to basic services, including education, health, water, sanitation and electricity," the report -- India and the MGDs: Completing the Task -- said.
India, which has a population of over 125 crore, adopted the United Nation's MGD in 2000 with an aim to free millions from extreme poverty and hunger, illiteracy, poor health.
The eight-point MGD among others targets promotion of gender equality and women empowerment, reducing child mortality, improve maternal health, combating HIV/AIDS and environmental sustainability. "India has made a great progress on MGDs, but there is no room for complacency, because there are gaps relative to the goals and targets. "There are enough opportunities and th…

FOREX RESERVES @ RECORD HIGH

India's foreign exchange reserves surged by USD 5.84 billion to touch a fresh life-time high of USD 327.88 billion in the week to January 30, the Reserve Bank today. In the previous reporting week, the reserves had declined marginally by USD 97.9 million to USD 322.037 billion. The previous record high was USD 322.13 billion recorded for the week ended January 16. The increase in reserves was on account of higher foreign currency assets (FCAs), which forms a major constituent of overall reserves. In the reporting week, FCA rose by USD 5.814 billion to USD 303.325 billion, Reserve Bank data showed. FCAs, expressed in dollar terms, include the effect of appreciation and depreciation of non-US currencies such as euro, pound and yen held in reserves. The Reserve Bank of India (RBI) earlier this week had said there was accretion to the country's foreign exchange reserves to the tune of USD 6.8 billion in third quarter of FY15. The country's gold reserves remained unchanged at U…

WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

Mercury to Turn Direct fom 12th  …. Market too ???
Planetary Position ::  During the current week Moon would be transiting  from Hastha in Virgo to Anuradha in Scorpio.
Sun transits in  Dhanishta  in   Capricorn and moves to Aquarius towards weekend.
Mercury   transits  in      Uttarashadha constellation in  Capricorn and  in Retrograde motion from 21.1.15 night till 11.2.15.  There could be review of decisions taken during Mercury retro period and information / statistics could be unreliable. Mercury Retro period indicates dual movement During Mercury Retro period, Market had gone up smartly in First half of Mercury retro period and started making a U turn in Second half as it is to have dual movement and continued its reversal through out last week. Mercury would turn Direct during the week from 11th night and market too could turn Direct…!!!
Venus transits in    Poorvabhadra   in   Aquarius.
Mars transits in  Aquarius, an airy sign, and transits in  Poorvabhadra in Aquarius and would …

MF ASSET BASE @ RECORD HIGH

The mutual fund industry's assets under management (AUM) climbed to record high of nearly Rs 12 lakh crore in January on the back of strong capital inflows and surge in equity markets.
The country's 45 fund houses together had an average AUM of Rs 11,81,356 crore at the end of January 31, up from Rs 10,51,343 crore in December-end, according to the data by Association of Mutual Funds in India (AMFI).
In November, mutual funds assets base stood at Rs 10.90 lakh crore. The AUM data for individual fund house is not being disclosed.
Mutual fund is an investment vehicle that is made up of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments and similar assets.
Industry experts said the monthly rise in AUM is largely on account of gains in equity markets and strong capital inflows. Besides, retail participation in equity schemes has increased significantly during the recent months.
The fund houses togethe…

SENSEXS ENDS THE WEEK ON WEAKNOTE

The benchmark Sensex today extended its losing streak for the sixth session in a row, slipping by 133.06 points and logging its worst week in two months due to poor bluechip earnings coupled with uncertainty in view of Delhi assembly polls. Sustained foreign capital outflows and mixed global cues also affected trading sentiment, said stock market dealers. Shares of auto, healthcare, banking, power, oil & gas and consumer durable were among the major laggards of the day. The BSE Sensex resumed higher at 28,892.21 and firmed up further to a high of 28,922.85 on initial buying. However, it declined afterwards to 28,647.14 before concluding at 28,717.91, logging a net loss of 133.06 points or 0.46 per cent, from Thursday's close. On a weekly basis, the Sensex lost 465.04 points. This is its biggest weekly drop since the week ending December 12, 2014 when it had plunged by 1,107.42 points. "Tata Motors dropped post weak Q3 results and other auto stocks also showed weak trend. …

SELL ON RISE

ASTRO GUIDE FOR 05 & REVIEW
Astro Info :: Moon transits in  Makha in Leo Tithi : Bahula Vidiya ; Weekday:: Thursday. 
Individuals born in Virgo and Capricorn    signs and in Rohini, Hastha and Sravana    constellations    may remain cautious in their transactions. Nifty Range of Thursday and Friday(Combined High and Low of these Two days i.e., 22 and 23 January) may be regarded as the reference range for the next Three weeks and can be expected to be bullish above the High of this range and Bearish below the low of this range. Now the range is  8866 and 8727 and Hence further bullish above 8866 and Bearish below 8727 and neutral in between these levels. Nifty closed below 8727 on 4th February and can be expected to test 8600 in due course.
Senstive time:: 1030 to 11.20am; 12.45pm; ; Market Outlook for  Thursday, 05th February, 2015  :: Sell on Rise ….!!!
Nifty                               8724   -33
Nifty traded in a choppy manner  and fell sharply towards close to record 4th session …