Skip to main content

Posts

Showing posts from November, 2015

WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

Nifty Outlook for Next Week :: (30.11.2015 to 04,12.2015)

BULLISH MOVEMENT TO CONTINUE

NIFTY :: 7943 (+86)
Nifty traded in a zigzag fashion and closed higher for the week with a gain of 1.15% , this being 2nd week of successive weekly gain.
20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 7905, 7997, 7997 and 8143.  respectively and wouldact as supports / resistances. Nifty is trading  below most of  the Moving Averages.
While Nifty continues to trade below   the  200 DMA and 50 DMA too is  below   200 DMA (Death  Cross) suggesting that the Long term Bearish  trend is   in    tact.
Nifty has once again crystallized  its Medium term trend with Nifty having closed below  8100. Nifty would face strong resistance   around 8050, above   which it will have real bullishness .
After Two weeks of Bullishness, it can go up One more week too,
Technical Levels ::
Bullish above 8010 with resistance at  8085, 8160,8225
Bearish below 7870 with Supports at 7795, 7720, 7650.
Breakout level : 8050 Breakd…

AP NO1 in EMPLOYABILITY

India skills report 2016 (ISR 2016), a joint initiative by Wheebox (a global talent assessment company), in association with Confederation of Indian Industry, Linkedin, PeopleStrong HR Services Pvt. Ltd & Association of Indian Universities (AIU), says that Andhra Pradesh ranks number one state in India with largest employability level with 65.2% of employable workforce in the 22-25 years age group, a considerable increase from 31% posted in 2015 report. Vishakapatnam (85.53%) and Guntur (81.07%)are the two cities in Andhra Pradesh which scored highest in employability index.  The results are part of Wheebox Employability Skill Test (WEST) that assessed about 5 lakh candidates spread out to 5000 educational campusesacross 29 states and seven union territories (UTs)in the country on various employability parameters including numerical and logical ability, communication skills, and domain knowledge, etc. Another highlight of Andhra Pradesh in Wheebox study has been gender-wise employa…

NFOs ON LOW GEAR

New fund offers (NFOs) seem to be moving in a low gear as fund houses have launched only 340 new schemes in April-September of 2015 following Sebi's direction to rationalise and consolidate offerings with similar goals.
In comparison, mutual funds had come out with 1,059 NFOs for the whole of 2014-15.
The numbers stood at 1,023 and 1,168 in 2013-14 and 2012-13, respectively.
"Over the past few years, there has been a declining trend in the issuance of NFOs. This trend has been partly due to the regulator's direction to rationalise and consolidate mutual fund schemes with similar objectives," a report titled 'Indian Mutual Fund Industry- The Road Ahead' from Assocham today said.
"The requirement from the regulator to demonstrate the differentiation in investment style and attributes of a potential new fund has also impacted the pace of approvals."
Furthermore, the requirement of disclosing details and number of funds managed by each fund manager has also …

WNATED CHACOLATE TASTER

In what could be the world's tastiest job, a Scottish firm is on the hunt for a chief chocolate taster who will be paid in monthly supplies of chocolate bars. Mackie's, an Aberdeenshire chocolate firm which also makes crisps and ice cream, is advertising for the year-long position ahead of the factory's opening next year. The only qualifications for the job -- for which payment will be made in monthly supplies of chocolate -- are taste buds, with the successful applicant having a "steady supply of chocolate to taste, test, lick and sook on the couch at home," according to company chiefs. Besides the free chocolate, the firm is also offering "a trip to our family farm for a chocolate immersion session with the resident experts," and a "performance bonus if/when your chocolate creation flies off the shelves." Mackies is also keen on creating a new flavour -- dreamt up by the newly-appointed chief chocolate taster -- to celebrate the opening of t…

WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

Scrip wise Movements…! 
Nifty Outlook for Week 23.11.2015 to 27.11.2015
NIFTY :: 7857 (+95)
Nifty traded in a zigzag fashion a d closed higher for the week with a gain of 1.25% after Three weeks of Loss.
Nifty has once again crystallized  its Medium term trend with Nifty having closed below  8100. Nifty would face strong resistance   around 8100, above   which it will have real bullishness . After 3 weeks of bearishness, it had  a pullback for a week and again it may resume bearishness.
Moon transits in Dhanishta and Sathabhisham constellations on 19th  and 20th and Revathi upto 12.15pm On 23rd November and the range of these Three  days will be reference range for the next Three weeks and Nifty wiould be Bullish above the High and Bearish below  the low and the range of Nifty on 19th and 20th was 7907 and 7765.
20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 7978, 7979, 8164 and 8326.  respectively and wouldact as supports / resistances. Nifty is trading  below all the Moving Averag…

SENSEX ENDS WITH GAIN FOR THE WEEK

The BSE Sensex extended gains for the second straight day in a choppy trade -- its first weekly gain in four -- as it edged up over 26 points on increased buying by investors and retailers, tracking a firm overseas trend. Brokers said sentiment improved after investors bet on the US Fed to raise rates in December but proceed cautiously with any further tightening thereafter.
The 7th Pay panel report, which was submitted yesterday after market hours, buoyed investors, which recommended 23.55 per cent hike in pay and allowances for government employees. The 30-share Sensex was in the grip of profit booking initially, but recovered on the back of across-the-board buying in blue-chips and closed higher by 26.57 points, or 0.10 per cent, at 25,868.49. The gauge had gained 359.40 points yesterday. The broader Nifty ended at 7,856.55, up 13.80 points, or 0.18 per cent, after trading between 7,817.80 and 7,906.95 intra-day.
For the week, the Sensex added 257.96 points, or 1 per cent, and the NS…

WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

Sell on Rise

Nifty Outlook 16.11.2015 to 20.11.2015
NIFTY :: 7762 (-192)
Nifty traded in a clear Bearish way and fell further by about 200  points by about 3%, completing 3 weeks of bearishness.   Bihar election results came out in the most unexpected way.    
20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 8085, 7981, 8196 and 8338.  respectively and wouldact as supports / resistances. Nifty is trading  below all the Moving Averages. While Nifty continues to trade below   the  200 DMA and 50 DMA too is  below   200 DMA (Death  Cross) suggesting that the Long term Bearish  trend is   in    tact.

Technical Levels ::
Bullish above 7850 with resistance at 7925, 8000, 8075
Bearish below 7700 with Supports at 7625, 7550, 7475.
Breakout level : 8000 ; Breakdown level : 7650.
Advice for Traders ::
Weekly Open level is very important for the entire week.
Long  positions may be considered  as long as it maintains above the Last week’s Close.

Planetary Position...
Moon would be transiting  from P Sha…

TUR DAL @ 140 In 24x7 Fresh

As pulses prices remain high, online grocery firm 24x7 Fresh today said it will sell tur dal at Rs 140 per kg as against the current market price of around Rs 200 per kg. Similarly, moong dal would be sold at Rs 115 as against prevailing market price of Rs 140 per kg, the e-commerce startup said in a statement. A customer can only buy 1 kg of each variety of pulses at a time, it added. Pulses would be sold at this rate from tomorrow. Meanwhile, Mother Dairy's retail outlet Safal and Kendriya Bhandar are selling imported tur dal at Rs 120 as part of the government's measures to boost domestic supply and control pulses prices. The startup, which is operates in Delhi, Bengaluru, Gurgoan and Noida, is also making available other pulses at competitive prices. Pulses prices have risen sharply due to fall in domestic production by two million tonnes in 2014-15 (July- June) on poor rains. Retail prices of tur and urad are ruling up to Rs 190-200 per kg. 

FOOTFALLS IN MALLS DRASTICALLY DOWN

Shopping malls in major cities may witness a decline of more than half in footfall this Diwali, with the trend of online buying catching up on the back of discounted sales by e-tailers, a survey today said. "In the wake of unprecedented surge in e-commerce, shopping malls, already under huge pressure due to large vacant spaces, are expected to see a sharp decline in the footfalls to the extent of 55.58 per cent during the ongoing festive season this year," a survey by Assocham revealed. Delhi-NCR has recorded the highest decline in footfalls in the city malls. As per the survey, about 120-150 malls in Delhi-NCR were launched in the past two years but almost 65-70 per cent of the spaces in many of these malls remains vacant. "Several malls, unable to attract the shops, are even shutting down," the poll said, adding that the major factors that attributed to this situation are economic slowdown, online shopping, high interest rate and inflation in consumer goods. The …

Further Bearishness Below 8000….. !!!  

Nifty Outlook for Next Week 02.11.2015 to 06.11.2015

NIFTY :: 8066 (-- 229)
Nifty traded in a clear Bearish way and fell on all the Five trading sessions by about 3% (including the First day of the new Derivative series of November). Next week also, market would be driven by global cues as it will be discounting Bihar Election results.
20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 8166, 8016, 8205 and 8351.  respectively and wouldact as supports / resistances. Nifty is trading  only above     the  50 DMA.
While Nifty continues to trade below   the  200 DMA and 50 DMA too is  below   200 DMA (Death  Cross) suggesting that the Long term Bearish  trend is   in    tact.
Technical Levels...
Bullish above 8150 with resistance at 8225, 8300, 8375
Bearish below 8000 with Supports at 7925, 7850, 7775.
Breakout level 8200 ; Breakdown level 7950.
Advice for Traders :: Nifty has once again changed its Medium term with Nifty having closed below  8100. Nifty would face strong resistance   around 810…