Skip to main content



for Week 25.04.2016 to 29.04.2016

NIFTY :: 7899 (+ 49)

Nifty traded in  a narrow range and closed with a small gain of about 0.60%.

During the last week Nifty closed above the 200 DMA. However, 50 DMA too should close above 200 DMA for the rally to sustain.

- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 7724, 7462, 7571 and 7867 respectively and would act as  resistances as Nifty is trading  above all  the   Moving Averages.  

- Nifty continues to trade above    the  200 DMA and 50 DMA too is  below   200 DMA (Death  Cross) suggesting that the Long term Bearish  trend is   in  tact.

- Four Planets out of Seven Planets are transiting in Retrograde motion and it is likely that market would face highly volatile movements during May.

Technical Levels...

Bullish above 7975 with resistance at  8050, 8125,8200

Bearish below 7825 with Supports at 7750, 7675,7600.

Breakout level : 8000 Breakdown level : 7700

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 Weekly open level.

Planetary Position...

- Moon would be transiting  from Anuradha 4 th   Pada in Scorpio to Uttarashadha  2nd   Pada in Capricorn.  

- Sun transits in  Aswini  4 th   Pada in Aries  to Bharani 1 st  Pada in Aries .

- Mercury transits in   Krittika 1 st   Pada in Aries and also gets into  Retrograde motion from 29th .

- Venus transits in  in Revathi 4 th   Pada in Pisces   to Aswini 2 nd   Pada in Aries.

- Mars transits in  Anuradha 4 th    Pada  in Scorpio in Retrograde motion.

- Saturn  gets into retro motion on 25.3.2016 evening and  transits in  Jyeshta 2 nd Pada in Scropio sign and in Capricorn Navamsa .

- Jupiter , gets into Retrograde motion and transits in  Leo in  Pubba 2 nd    Pada  in  Leo and  Virgo    Navamsa .

- Rahu and Ketu transit in Leo and Aquarius.


Closing Session  Subdued !

for Monday, 25.04.2016

Astro Info:: Tithi :: Chaitra Krishna Triteeya

Nakshatra ::  Anuradha   (Moon in Scorpio)

Persons   born in  Bharani, Pubba and Poorva Bhadra    constellations and Sagittarius and Aries     Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings : 11.15am ; 14.00 PM;

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open steady and might recover in the forennon session and can be expected to remain subdued from 2 PM.

Astro Technical Trading Strategy...

After 2Pm, if Nifty futures  trades  below  the Average Traded Price ,Short  positions can be taken to close by end  of the day .

Technical Levels...
Resistance around 7950, 7980  and Support  around  7860, 7820


Popular posts from this blog


The Aditya Birla group has entered the top valuation league with a market cap of over USD 50 billion post listing of financial services arm Aditya Birla Capital (ABCL), but Tatas remain on top with over USD 132 billion.
The combined market valuation of the Kumar Mangalam Birla-led listed companies stood at Rs 3,42,354.87 crore (USD 53.5 billion) at the end of Friday's trade.
Among various listed companies of the group, UltraTech Cement's valuation stood at Rs 1,10,097.70 crore at the end of Friday's trade while that of Grasim Industries was Rs 76,881.73 crore.
The newly-listed Aditya Birla Capital's market capitalisation was over Rs 55,000 crore, Hindalco (Rs 54,607.09 crore), Idea Cellular (Rs 32,064.91 crore), Aditya Birla Fashion and Retail (Rs 13,155.73 crore) and Aditya Birla Money (Rs 547.71 crore).
Among Indian conglomerates, the Tata group remains on the top in terms of total valuation of listed firms with about Rs 8,46,567 crore (USD 132.5 billion).
There are 29 pu…


Leading businessman Anil Ambani today said more than creating wealth for himself, his father late Dhirubhai Ambani derived greater happiness from creating wealth for masses. "If you ever asked what part of being an entrepreneur he (late Ambani) enjoyed the most, he would say, 'I enjoy creating wealth. But what I enjoy even more is in creating wealth for the people of the country,'" the Anil Ambani Group chairman said while addressing an industry event here. It can be noted that the late Ambani, who had a humble beginning as a primary school teacher's son in Gujarat, is regarded as the father of capital markets and the equity cult, who made millions of investors millionaires with the IPO of Reliance Textile Industries in 1977. A person who had put in Rs 1,000 then in the IPO is worth over a million today, going by the price of RIL. Stating that the launch of Kothari Pioneer Mutual Fund, which was country's first private MF in 1993, was his (Dhirubhai's) id…


Gripped by fear psychosis due to geo-political aftershocks, key stock market indices were on a sticky wicket for the fifth day today as both Sensex and Nifty fell over 1 per cent to hit their one-month lows. The sharp plunge left investors poorer by over Rs 95,000 crore as the market cap stood at Rs 1,27,08,846 crore. Risk appetite took a hit after the Economic Survey said achieving the high end of the 6.75-7.5 per cent growth projected previously will be difficult. This is markets' first weekly fall in six.
Weakness in the rupee against the American currency and lacklustre global shares dragged down the indices, too. The BSE 30-share Sensex remained in the negative zone and settled down 317.74 points, or 1.01 per cent, at 31,213.59, its weakest closing since July 4. The index had tumbled 794.08 points in the last four sessions. The NSE Nifty after cracking the 9,700-mark to hit a low of 9,685.55, finally settled lower 109.45 points, or 1.11 per cent…