Friday, December 30, 2016

2016: GOLD GLITTERS INVESTORS KITTY

Capping a year of fluctuating fortunes, stocks failed to spur smiles among investors with only marginal gains of 2-3 per cent in 2016, while gold glittered with an annual return of 14 per cent.
Leaving in cold the high expectations seen at the start of the year, stock market swayed with mixed global and domestic cues with the benchmark Sensex rising little over 500 points to end 2016 at 26,626.46 points. However, a large number of successful IPOs ensured that the total investor wealth, measured in terms of cumulative valuation of all listed shares, rose by nearly Rs 6 lakh crore during the year to Rs 106.23 lakh crore. Among individual companies, TCS remained the most valued (over Rs 4.65 lakh crore) despite a sharp volatility in its share price amid a prolonged boardroom battle at Tata group. In the top-five, TCS was followed by Mukesh Ambani-led Reliance Industries (over Rs 3.5 lakh crore), HDFC Bank (over Rs 3.07 lakh crore), ITC (Rs 2.92 lakh crore) and state-run ONGC (Rs 2.45 lakh crore).
On the other hand, gold emerged as the saviour for investors with 14 per cent returns this year, while silver did even better by making investors richer by around 18 per cent.
All said and done, stocks performed much better this year than 2015 when the benchmark 30-share Sensex had delivered negative returns. In the past 10 years, Sensex has given negative yearly returns thrice, barring which the return has been the lowest in 2016 for this period.
Economic revival failing to match the anticipated pace coupled with the "double whammy" of demonetisation and Donald Trump's victory in the US Presidential race sparked significant outflows from the stock market, experts opined.
Against this backdrop, gold, in keeping with historical trends, emerged as the safe haven for investors as they parked their investments in the yellow metal amid persisting uncertainty in global markets, experts said.
While the Sensex ended with 509 points gain this year, the key Nifty index closed higher by 247 points during the same period.
Marking the end of a see-saw year, Sensex closed today at 26,626.46 points which translates to an annual gain of two per cent in comparison with the closing level of 26,117.54 points at the end of 2015. After touching a low of 22,494.61 points in February, the Sensex had soared higher to scale a high of 29,077.28 in August, but failed to keep momentum thereafter.
The 50-share Nifty saw relatively higher yearly gains at around three per cent and closed at 8,185.80 points.
Continuing on the upward trajectory, gold prices rose to Rs 28,500 for 10 grams. This gives a return of 14 per cent to the investors in the yellow metal as the price stood at Rs 24,980 at the start of this year.
Similar bullish trends marked the journey of silver as it gained nearly 19 per cent this year. The precious metal's price surged to Rs 39,900 from the beginning level of Rs 33,565 for one kilogram.
V K Sharma, Head of Private Client Group Research at HDFC Securities, said there were expectations in the beginning of 2016 for robust earnings growth but economic revival did not materialise as expected.
Noting that demonetisation and victory of Donald Trump dealt a severe blow to markets, Sharma said a stronger dollar post Trump victory led to large outflows in all emerging markets.
"Our markets were up 7.5 per cent...till November 8, 2016, when the double-whammy stuck India," he said, adding the sweet space, which India enjoyed amongst the emerging markets, has suddenly vanished.
"The interest rate hike in the US and our slower than expected growth has overnight turned India into a pariah," he noted.
Sachin Shah, Fund Manager at Emkay Investment Manager Ltd, said after the recent correction in Indian equity markets, quite a few good businesses are available at very reasonable valuations.
"We have also witnessed a very good monsoon and overall efforts by the government in the right direction will lead to higher economic growth and corporate profits. We, therefore, believe for long term investors 2017 is a good opportunity to invest," he said.
According to Sharma, gold prices have gone up and silver has surged by about 18 per cent this year.
About the outlook for 2017, he said the capital gains genie is again out of the bottle ahead of the Budget.
"Obviously today we don't know the positive aspects of the budget to be presented, but if the capital gains tax regime is not tempered with and there are incentive for new investments, we could do better. But at this time, the outlook for 2017 is not very bright," he said.
Noting that demand for precious metals tend to be higher during economic uncertainty, Shah said gold is considered as one of the safer havens in uncertain times like the present situation.

SENSEX END WITH GAINS

IN THE YEAR UP BY 509 POINTS
Stocks signed off 2016 on a cheerful note, with the Sensex surging over 260 points today to close at over a fresh two-week high of 26,626 on the final trading session of the year. The beginning of January 2017 series of futures and options made investors upbeat.
With the deadline for depositing banned notes ending today and ahead of the approaching Union budget, investors accelerated buying activity with hopes that the government might come up with a series of steps to boost the economy. Sentiment turned for the better after Finance Minister Arun Jaitley yesterday said there has been a sharp jump in tax collections, belying fears of a sharp slowdown in the economy in view of demonetisation.
After a higher start, the 30-share index hit the day's high of 26,678.60 and closed up 260.31 points, or 0.99 per cent, at 26,626.46 -- a level last seen on December 13 when it settled at 26,697.82.
It had gained 155.47 points in yesterday as December derivatives contracts expired amid recovery in the rupee. The Nifty rose 82.20 points, or 1.01 per cent, to end at 8,185.80, after touching the day's high of 8,197. For the week, the Sensex and the NSE Nifty recorded a rise of 585.76 points, or 2.24 per cent, and 200.05, or 2.50 per cent. The year saw the Sensex zooming to a high of 29,077.28 on September 8 and a low of 22,494.61 on February 29. Today's closing meant a net gain of 508.92 points, or 1.94 per cent from its last year-end close of 26,117.54.
During the year, the Nifty gained 239.45 points, or 3.01 per cent. The gauge had climbed to a high of 8,968.70 on September 7 and touched a low of 6,825.80 on February 29.
Domestic institutional investors (DIIs) bought shares worth a net Rs 957.83 crore as per provisional data. But foreign portfolio investors (FPIs) net sold shares worth Rs 662.29 crore yesterday. GAIL saw the maximum jump, up 3.07 per cent, followed by Sun Pharma (2.59 per cent), ITC (2.31 per cent) and PowerGrid (2.14 per cent). In terms of sectors, the rally was driven by FMCG (up 1.67 per cent), power (1.30 per cent), healthcare (1.11 per cent) and realty (1.10 per cent). Broader markets such as BSE mid-cap and small-cap ended higher with gains of 1.07 per cent and 0.77 per cent, respectively.
Trading was thin across the globe during the last day of the year, with volumes remaining below average. In the rest of Asia, Hong Kong's Hang Seng rose 0.94 per cent while Shanghai Composite gained 0.24 per cent. Japan's Nikkei shed 0.16 per cent.
In Europe, London's FTSE, Germany's Frankfurt and France's Paris were down by up to 0.25 per cent in their late morning deals.

Thursday, December 29, 2016

ASTRO TECHNICAL GUIDE FOR NIFTY

 for 30, December 2016


Generally Better


Tithi ::Pushya Sukla Padyami

Nakshatra ::Poorva shadha (1.10 PM); Uttarashadha


Persons   born in   Mrigasira, Chitta and Dhanishta constellations  and those born in Capricorn and Taurus are advised to be alert in their dealings. 

Sensitive / Trend change Timings...

1.10PM;1.35PM; 2.00PM;

Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected to open Steady  and remain Better from 11.00AM till about 3.00 PM and remain subdued thereafter.

Astro Technical Trading Strategy...

If Nifty Fut. Trades above 10 AM . Long Positions can be taken with suitable SL, and such positions can be closed by about 2.30 PM.

Technical Levels...
Resistance : 8145, 8180 Support : 8065, 8030
------------------------------------

- IF resistance levels are achieved in the forenoon session, buying may be avoided at higher levels and risky traders can consider short positon for a pull back to Bullish trigger level. IF Support levels are achieved in the forenoon session, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto  Bearish trigger level / other support levels.

- Intraday trend given above is relative and based purely on the basis of planetary positions / aspects and needs to be understood and and astrological portion given above should be considered together and applied for taking proper trading decisions.
-------------------------------

Disclaimer...
 
Intraday trading is risky and Astro guidance is to be depending on intraday movements . applied depending on the real time market movement.  used as an additional tool in addition to technicals and adapted  Technical portion. Loss / Gain in market depends on Individual natal chart.  Creator only knows what is going to happen and astrologer can only indicate what is likely to happen.
Investment decisions made on the above analysis would be at your own risk and I take no responsibility for your decisions based on the above analysis.'

Trade only with stop loss..

Stay Disciplined for Successful Trading and Investing..

Wednesday, December 28, 2016

STOCK MARKET @ ZITTERS

Good rains and a growth-oriented budget laid the perfect pitch for a dream run for stocks, but that was not to be as the market got a scare after heavy capital pullout by FIIs in the concluding two months of 2016. In the end, the early gains almost evaporated, leaving behind an almost flat closing.
The BSE 30-share Sensex soared to a high of 29,077.28 in September backed by consistent FII inflows, which totalled Rs 51,293 crore in the first nine months, but later crashed to a low of 22,494.61 before ending at 26,213.44 on December 27, registering a net gain of 95.9 points, or 0.36 per cent from its last year-end close of 26,117.54.
To begin with, the market got a shot in the arm from a favourable monsoon and a promising Union budget, ratcheting up investor interest in the equity market. But it took a knock of by over 3,000 points, or 10 per cent, from its yearly high, hit by fears of acute cash crunch after the government's demonetisation move and anticipation of more aggressive rate hikes by the Federal Reserve.
FIIs poured in nearly Rs 51,293 crore in the first nine months of the year, but later offloaded shares worth Rs 22,551 crore from October onwards, according to data released by the Securities and Exchange Board of India.
The market saw its worst intra-day fall of 1,689 points in nearly 15 months on November 9, reacting negatively to Donald Trump's surprise win in the US presidential election and the Union government's crackdown on black money.
Amid the uncertainty over the Brexit fallout, analysts downgraded revenue estimate for some of the exports-oriented companies from Indian IT, automobiles, metal and pharma sectors that were hit the hardest.
But the government's decision to open up foreign direct investment in defence, pharma aviation, single-brand retail and broadcasting, among others, was music to investors' ears.
The long-delayed GST Constitution Bill too was passed by Parliament on August 8, marking a historic step for tax reforms that Prime Minister Narendra Modi said was "crucial" for ending tax terrorism besides dealing with corruption and blackmoney and making consumer the king.
On the inflation front, the government and RBI agreed to maintain a target of 4 per cent. Investors took a cautious line after appointment of Urjit Patel as the new RBI Governor.
In the first review under Patel, the repo rate was cut by 0.25 per cent to a 6-year low of 6.25 per cent in a unanimous decision by the new monetary policy committee (MPC).
In the second, Patel left the policy rate -- at which RBI lends to banks for short term -- intact at 6.25 per cent and the cash reserve ratio -- the share of deposits lenders park with the central bank -- at 4 per cent.
However, in the mid of December, the Federal Reserve decided to raise the benchmark interest rate by 0.25 per cent, the second time in a decade, a reflection of the confidence over the state of the world's biggest economy.
Tata group stocks on October 25 ended by up to 3 per cent lower after Cyrus Mistry was removed as Chairman of India's largest conglomerate.
China's move to weaken the yuan to fight a slowing economy triggered a massive global sell-off. China's central bank devalued the the yuan in January against the US dollar by 0.51 per cent to 6.5646, the lowest since March 2011.
Sentiment also got a hit after global crude prices softened to multi-year lows below USD 30 a barrel following China's weakening currency and rising global stock reserves. Depreciation of the rupee against the dollar also affected market sentiment as the rupee touched a low of 68.86 on November 24.

ASTRO TECHNICAL GUIDE FOR NIFTY

for 29, December 2016


Scrip Specific Movements

Tithi ::Margasira Bahula Amavasya(till 12.20PM)

Nakshatra ::Moola (11.15AM) and Poorvashadha .


Persons   born in   Mrigasira, Chitta and Dhanishta constellations  and those born in Capricorn and Taurus are advised to be alert in their dealings. 

Sensitive / Trend change Timings :11.15AM

Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected to open Steady  and remain Better from 11.00AM till about 2.00 PM and remain subdued thereafter. Being last day of Derivative series, Scrip specific movements are most likely.

Astro Technical Trading Strategy...

If Nifty Fut. Trades above 11 AM . Long Positions can be taken with suitable SL, and such positions can be closed by about 2.00 PM.  After 2.15  PM,  if Nifty fut trades below  the  ATP , Short  Positions  can be taken with suitable SL and such positions can be closed by about end of the day.

Technical Levels...

Resistance : 8075, 8105 Support : 7995, 7960
-----------------------------------
- IF resistance levels are achieved in the forenoon session, buying may be avoided at higher levels and risky traders can consider short positon for a pull back to Bullish trigger level. IF Support levels are achieved in the forenoon session, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto  Bearish trigger level / other support levels.

- Intraday trend given above is relative and based purely on the basis of planetary positions / aspects and needs to be understood and and astrological portion given above should be considered together and applied for taking proper trading decisions.
-------------------------------

Disclaimer...
 
Intraday trading is risky and Astro guidance is to be depending on intraday movements . applied depending on the real time market movement.  used as an additional tool in addition to technicals and adapted  Technical portion. Loss / Gain in market depends on Individual natal chart.  Creator only knows what is going to happen and astrologer can only indicate what is likely to happen.
Investment decisions made on the above analysis would be at your own risk and I take no responsibility for your decisions based on the above analysis.'

Trade only with stop loss..

Stay Disciplined for Successful Trading and Investing..

- Dr. Bhvanagiri Amaranatha Sastry,
Astro Technical Analyst

 

24Lakh people have income above Rs 10 Lk

Cars bought per year is 25Lakhs

India has just 24.4 lakh tax payers who declared an annual income of over Rs 10 lakh yet 25 lakh new cars, including 35,000 luxury cars, are being bought every year for last five years, a top official said.
A nation of over 125 crore people had only 3.65 crore individuals filing their tax returns in the assessment year 2014-15, the official said alluding to a huge number of individuals being outside the tax net.
"Of the 3.65 crore individuals (filing returns in assessment year 2014-15), there were only 5.5 lakh people who paid income tax of more than Rs 5 lakh and accounted for 57 per cent of the total tax kitty. This essentially means that only 1.5 per cent of those filing tax returns (3.65 crore) are contributing to 57 per cent of tax kitty," the official said.
The tax returns when compared with car sales throw astonishing numbers, he said.
"Car sales on an average in last five years has been about 25 lakh per year. In the last three years the car sales were 25.03 lakh, 26 lakh and 27 lakh," he said adding the statistics points to a large number of people having income to buy cars are outside the tax bracket.
A car normally has a life of seven years and a second car is purchased not before five years by a common man, the official said.
The income tax data collated shows only 48,417 persons reporting income of more than Rs 1 crore in a year. Yet luxury brands like BMW, Jaguar, Audi, Mercedes, Porsche and Maserati sell almost 35,000 cars every year.
Of the individuals filing returns, 5.32 lakh were with income of less than Rs 2 lakh per annum, and so not within the tax bracket.
He said 24.4 lakh filers declared their annual income of being more than Rs 10 lakh and there were 1.47 lakh tax fillers who had an income of over Rs 50 lakhs in a year.
Also during the 2014-15 Assessment Year, there were 1.61 crore people whose tax deducted at source (TDS) were deducted but they did not file income tax return (ITR), he said.
India's tax revenue as a percentage of its GDP was 16.7 per cent in 2016, compared with 25.4 per cent in the United States and 30.3 per cent in Japan.
The official said the numbers point to a significant number of people who are liable to pay taxes aren't doing so.
The government, he said, is shoring up its efforts to check tax evasion.
The November 8 decision to junk old 500 and 1000 rupee notes are one of the steps to tackle the menace, he said adding by mandating people to deposit the old currency in banks was a way to account for the unaccounted money and tax them.

Tuesday, December 27, 2016

ASTRO TECHNICAL GUIDE FOR NIFTY

for 28, December 2016

 

Foreoon Subdued

Tithi ::Margasira Bahula Amavasya

Nakshatra ::Moola

Persons   born in   Rohini. Hastha and Sravana constellations  and those born in Capricorn and Taurus are advised to be alert in their dealings. 


Sensitive / Trend change Timings : 10.30AM;

Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected to open Steady  / Subdued and remain Better after about 1.00 PM to about 2.45 PM and remain subdued thereafter till about end of the day.

Astro Technical Trading Strategy...

If Nifty Fut. Trades below  Opening Level / ATP by about 9.30 AM , Short Positions can be taken  with suitable SL, and such positions can be closed by about 12.45PM . After 1.00  PM,  if Nifty fut trades above  the  ATP , Long Positions  can be taken with suitable SL and such positions can be closed by about 2.45 PM.

Technical Levels...
Resistance : 8075, 8105 Support : 7995, 7960
----------------------------------
- IF resistance levels are achieved in the forenoon session, buying may be avoided at higher levels and risky traders can consider short positon for a pull back to Bullish trigger level. IF Support levels are achieved in the forenoon session, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto  Bearish trigger level / other support levels.

- Intraday trend given above is relative and based purely on the basis of planetary positions / aspects and needs to be understood and and astrological portion given above should be considered together and applied for taking proper trading decisions.
-------------------------------

Disclaimer...
 
Intraday trading is risky and Astro guidance is to be depending on intraday movements . applied depending on the real time market movement.  used as an additional tool in addition to technicals and adapted  Technical portion. Loss / Gain in market depends on Individual natal chart.  Creator only knows what is going to happen and astrologer can only indicate what is likely to happen.
Investment decisions made on the above analysis would be at your own risk and I take no responsibility for your decisions based on the above analysis.'

Trade only with stop loss..

Stay Disciplined for Successful Trading and Investing..

Monday, December 26, 2016

Household Deposits dominate in Banks

Majority of deposits in banks was held by the household sector at 61.5 per cent as on March 31, 2016, the Reserve Bank said today. This was followed by the Government sector which accounted for 12.8 per cent of total deposits. The private corporate sector came next with a contribution of 10.8 per cent. Total deposits as on March 31, 2016 was Rs 98,41,290 crore, as against Rs 89,72,710 crore till March 2015. "A majority (63.8 per cent) of the deposits was term deposits. The combined share of current and savings deposits, however, increased from 34.9 per cent in 2015 to 36.2 per cent in 2016," the RBI said. More than half (51.5 per cent) of the total deposits was raised by metropolitan branches followed by urban branches (22.8 per cent) and semi-urban branches (15.4 per cent). While term deposits dominated the total deposits in these branches, savings deposits dominated in rural branches. Public sector banks continued to maintain the largest share (70.6 per cent) in total deposits. Private sector banks had a share of 21.6 per cent in total deposits. Further, seven states/ Union Territories -- Maharashtra, Delhi, Uttar Pradesh, Karnataka, Tamil Nadu, West Bengal and Gujarat -- comprised around 66 per cent of total deposits of banks in India as on March 31, 2016. Maharashtra alone contributed around 23 per cent of the total deposits.

ASTRO TECHNICAL GUIDE FOR NIFTY

for 27, December 2016

Mid Session Better


Margasira Bahula Chaturdasi

Nakshatra ::Jyeshta.

Persons born in   Krittika, Uttara, Uttarashadha constellations  and those born in Sagittarius and Aries are advised to be alert in their dealings.

Sensitive / Trend change Timings :1.05 PM;

Likely Intraday Trend...On the basis of planetary position and aspects amongst planets, Market is expected to open Steady  / Subdued and remain Better after about 10.20 AM to about 1.30 PM and remain subdued thereafter till about 3.15 PM.

Astro Technical Trading Strategy...

If Nifty Fut. Trades above Opening Level / ATP by about 9.30 AM , Long    Positions can be taken  with suitable SL, and such positions can be closed by about 11 AM . After 2.00  PM,  if Nifty fut trades below  the  ATP , Short Positions  can be taken with suitable SL and such positions can be closed by about end of the day.

Technical Levels...
Support : 7870, 7835 Resistance : 7945, 7980
----------------------------------
- IF resistance levels are achieved in the forenoon session, buying may be avoided at higher levels and risky traders can consider short positon for a pull back to Bullish trigger level. IF Support levels are achieved in the forenoon session, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto  Bearish trigger level / other support levels.

- Intraday trend given above is relative and based purely on the basis of planetary positions / aspects and needs to be understood and and astrological portion given above should be considered together and applied for taking proper trading decisions.
-------------------------------

Disclaimer...
Intraday trading is risky and Astro guidance is to be depending on intraday movements . applied depending on the real time market movement.  used as an additional tool in addition to technicals and adapted  Technical portion. Loss / Gain in market depends on Individual natal chart.  Creator only knows what is going to happen and astrologer can only indicate what is likely to happen.
Investment decisions made on the above analysis would be at your own risk and I take no responsibility for your decisions based on the above analysis.'

Trade only with stop loss..

Stay Disciplined for Successful Trading and Investing..

Saturday, December 24, 2016

WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY



Outlook for Next Week 12.12.2016 to 16.12.2016

Second Half could be mildly Better  

NIFTY : 8139 (- 122)

Nifty traded in  a  narrow  range of 8231  to 8127  during last week and closed at the Lower end for the week at 8139   with a Loss of 122 Points,  a Loss  of  about 1.50%. Market was in negative zone through out the week and more particularly lost 91 points on Monday itself.

- Mercury has turned Retrograde on Monday evening for about Three weeks and during this period market would move in a Dual way and the information during this period could be unreliable.

-  Nifty is Bullish for Medium and Long term, short term could be quite volatile. Unless Nifty comes and closes above 8350, correction would continue to persist.

-  20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 8128, 8369, 8530 and 8201 respectively and would act as  Supports  and Resistances as Nifty is trading  only above 20  DMA .  

 -  Nifty continues to trade below   the  200 DMA and is also trading below 50 DMA but 50 DMA has come above   200 DMA (Golden   Cross) suggesting that the Long term outlook is rather  Bullish.


Technical Levels…


- Breakout level : 8350 Breakdown Level : 8000

- Bullish above 8200 with resistance at  8275, 8350, 8425

- Bearish below 8160 with Supports at 8085, 8010,7950.

-------------------------------------

Planetary Position

-  Moon would be transiting  from  Makha 4 th  Pada in Leo  to Chitta 4 th  Pada in Leo.

-  Sun transits from  Moola 2 nd  Pada  to Moola 3 rd  Pada in Sagittarius.

-  Mercury  transits from  Poorvashadha 3 rd   Pada to Poorvashadha 2nd  Pada(in Retrograde Position ) in Sagittarius .

-  Venus transits from  Sravana 3 rd  Pada in Capricorn   to Dhaishta 1 st  Pada in Capricorn.

-  Mars transits in   Dhanishta 4 th Pada to Sathabhisham 1 st  Pada in Aquarius .

-  Saturn, in Direct  motion ,   transits in  Jyeshta 3 rd    Pada in Scropio sign and in Aquarius  Navamsa .

-  Jupiter   transits in     Chitta 1 st   Pada in Virgo and in Leo   Navamsa.

-  Rahu and Ketu transit in Leo and Aquarius and in Virgo  and Pisces  Navamsas

------------------------------------
Closing Weak/ Opening Better  (for Monday)

Tithi ::Margasira Bahula Trayodasi 

Nakshatra ::Anuradha

Persons   born in  Bharani, Pubba and Poorvashadha constellations  and those born in Sagittarius and Aries are advised to be alert in their dealings. 

Sensitive / Trend change Timings ::10.20 AM ; 2.45PM; 

 Likely Intraday Trend…

On the basis of planetary position and aspects amongst planets, Market is expected to open Steady  and remain Better immediately after Opening till about 11 AM and remain Steady thereafter and to remain weak from 2 PM till about end of the day.

Astro Technical Trading Strategy…

If Nifty Fut. Trades above Opening Level / ATP by about 9.30 AM , Long    Positions can be taken  with suitable SL, and such positions can be closed by about 11 AM . After 2.00  PM,  if Nifty fut trades below  the  ATP , Short Positions  can be taken with suitable SL and such positions can be closed by about end of the day.

Technical Levels…
Resistance : 8025, 8055                Support  : 7945, 7910



Thursday, December 22, 2016

ASTRO TECHNICAL GUIDE FOR NIFTY

for 23, December 2016


Closing Better/ Mid Session Subdued

Tithi ::Margasira Bahula Dasami

Nakshatra ::Chitta

Persons   born in   Pushyami, Anuradha and Uttarabhadra constellations  and those born in Scorpio and Pisces are advised to be alert in their dealings. 

Sensitive / Trend change Timings : 2.45PM;  

Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected to open Steady  and remain Subdued from 12.00 PM to 1.30 P:M and   remain Better from 1.30 PM till about 3.15 PM. \

Astro Technical Trading Strategy...

If Nifty Fut. Trades below   ATP by about 12.00PM , Short   Positions can be taken  with suitable SL, and such positions can be closed by about 1.15 PM . After 1.45 PM,  if Nifty fut trades above  the  ATP , Long    positions can be taken with suitable SL and such positions can be closed by about 3.15 PM.

Technical Levels...
Resistance : 8020, 8050 Support : 7940, 7905
------------------------------
- IF resistance levels are achieved in the forenoon session, buying may be avoided at higher levels and risky traders can consider short positon for a pull back to Bullish trigger level. IF Support levels are achieved in the forenoon session, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto  Bearish trigger level / other support levels.

- Intraday trend given above is relative and based purely on the basis of planetary positions / aspects and needs to be understood and and astrological portion given above should be considered together and applied for taking proper trading decisions.
-------------------------------
Disclaimer...
 
Intraday trading is risky and Astro guidance is to be depending on intraday movements . applied depending on the real time market movement.  used as an additional tool in addition to technicals and adapted  Technical portion. Loss / Gain in market depends on Individual natal chart.  Creator only knows what is going to happen and astrologer can only indicate what is likely to happen.
Investment decisions made on the above analysis would be at your own risk and I take no responsibility for your decisions based on the above analysis.'

Trade only with stop loss..

Stay Disciplined for Successful Trading and Investing..

INDIAN PHARMA ON FLYHIGH MODE

India is on track to cement its position next year as a source of safe, effective and quality medicines at affordable prices, but a "growing trust deficit" with the government and regulatory headwinds can pose a serious roadblock to this journey.
The USD 32-billion generic-driven Indian pharma industry is eyeing a sea of opportunities as global demand for safe and quality drugs rises, especially in developed economies such as the US, the EU and Japan.
Apart from the trust deficit that was in full display in the year passing by, compliance with regulatory norms, particularly with USFDA, continues to be the proverbial Achilles heel for home-grown companies.
"The sector will continue to grow and become a major player in the world market as a source of safe, effective, quality medicines at affordable prices," Indian Pharmaceutical Alliance (IPA) Secretary General Dilip G Shah told PTI.
His optimism stems from "greater acceptance of Indian generics as safe and effective medicines".
Demographic pressure in the developed countries has made them limit their health expenditure, Shah said.
Industry body Organisation of Pharmaceutical Producers of India (OPPI) has hailed the government's move to introduce regulatory amendments to relax clinical trial guidelines and upgrade rules for good manufacturing practices (GMPs).
These are "in the interest of patient safety and help put India on the global research map", OPPI DG Kanchana T K said.
"The sector faces two major issues in the domestic market, viz. growing trust deficit between the industry and the government and breakdown of meaningful dialogue between the two," Shah remarked.
Asked about the challenges facing the industry, he said "(it's) the government's suo motu actions that could compromise India's IPR regime and hurt generics and absence of shared vision". While future looks rosy albeit with challenges, a lookback at 2016 is a pointer to the bitter pills that the industry swallowed during the year.
In March, the government banned 344 fixed dose combination (FDC) drugs, making pharma firms see red, which termed the decision "arbitrary, unfair and a letdown" and approached the Delhi High Court.
"Maximum litigation with pricing and drug regulators is the high point of 2016," Shah said when asked to sum up the events of the year.
"In the last one year, over 400 companies had to go to courts to resolve their grievances relating to pricing and drug regulatory decisions."
In a relief to the industry, the high court set aside the government's decision, saying the step was taken in a "haphazard manner" without consulting statutory bodies as mandated under the law and such drugs cannot be banned for any reason other than posing risk to consumers or having no therapeutic value or justification.
The temporary ban impacted sales of many companies though.
"Driven by volume, the industry has managed to report double-digit growth in the 12 months ended November 2016. However, it is unlikely to maintain that for 2016-17," Shah added.
The year also saw the National Pharmaceutical Pricing Authority (NPPA) fixing ceiling prices of drug formulations used for treatment of various diseases such as cancer, diabetes, rheumatoid arthritis, bacterial infections and hypertension, among others.
On the reforms front, the government allowed up to 74 per cent foreign direct investment in the existing pharmaceutical companies through the automatic route with an aim to promote the sector. Earlier, 100 per cent FDI was permitted through government approval.
The move assumed significance as FDI in the existing pharma firms has been a contentious issue as concerns have been raised over takeover of Indian companies by foreign giants that could hamper availability of low-cost medicines.
The change in FDI regulation was followed by in-bound multi-million dollar deals.
In the largest acquisition of an Indian pharma company by a Chinese firm, Shanghai Fosun Pharmaceutical Group Co agreed to buy Hyderabad-based Gland Pharma for about USD 1.26 billion (nearly Rs 8,500 crore).
Likewise, last month, the US-based Baxter International forged a definitive agreement to acquire Claris Injectables, a wholly-owned subsidiary of Claris Lifesciences, for approximately USD 625 million (Rs 4,237 crore).
Not to be left behind, Indian companies went full throttle with their global expansion strategy through acquisitions.
Notable among them is Piramal Enterprises which announced that it would acquire US-based contract development and manufacturing firm Ash Stevens for up to USD 52.95 million (over Rs 350 crore).
Strides Shasun also signed a pact to acquire Perrigo API India for Rs 100 crore.
But the worrying point is compliance issues faced by domestic firms vis-a-vis foreign health regulators.
Drugmakers such as Aurobindo Pharma, Alembic Pharma, Glenmark and Sun Pharma had their facilities inspected by USFDA and were asked to comply with the regulator's good manufacturing guidelines.
Some other firms such as Ipca Labs, Sri Krishna Pharmaceuticals and Wockhardt too received USFDA rap over manufacturing practices.
In 2016, seven Indian pharma players, including Aurobindo, Emcure, Hetero Labs, Laurus Labs, Lupin and Zydus Cadila, signed licensing pact with the UN-backed Medicines Patent Pool (MPP) to produce HIV and hepatitis C drugs.

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