Skip to main content

Posts

Showing posts from October, 2016

ASTRO TECHNICAL GUIDE FOR NIFTY

 for 26, October 2016
Generally Bullish
Tithi ::Aswayuja Bahula Ekadasi
Nakshatra ::Poorvashadha
Persons   born in  Mrigasira, Chitta and Dhanishta constellations  and those born in Virgo and Capricorn are advised to be alert in their dealings.
Sensitive / Trend change Timings...11.25 AM; 11.57AM;
Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected to open steady /Better   and remain so thereafter upto about 2.30PM  and remain Subdued towards Close.
Astro Technical Trading Strategy...
After 9.30 AM, if Nifty fut. Trades above ATP, Long positions can be taken with Low Level as  stop loss and the positions can be closed by about 2.30PM.
Technical Levels... Resistance : 8730, 8765 Support : 8650, 8615 ------------------------------------ - 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…

Cyrus Mistry ousted as Tata chief

Ratan Tata returns
In a sudden and dramatic turn of events, Cyrus Mistry was today sacked as Chairman of India's largest conglomerate Tata Group and replaced by his predecessor Ratan Tata in the interim, a development that can trigger a confrontation between the single-largest shareholder and the company's founding family.
Mistry's family firm Shapoorji Pallonji Group, which has 18.4 per cent in Tata Sons -- the holding company of USD 100- billion salt-to-software conglomerate -- is believed to be considering fighting out the "illegal" removal.
In the suprise development, the board of Tata Sons, where 66 per cent shares are held by philanthropic trusts endowed by members of Tata family, ousted Chairman Mistry saying it was acting "for the long-term interest" of the firm.
No reason was given for removing Mistry who was brought in less than four years back with much fanfare, but it is believed there were differences over management style and his approach of …

ASTRO TECHNICAL GUIDE FOR NIFTY

 for 25, October 2016
Closing Session Bearish Tithi ::Aswayuja Bahula Dasami
Nakshatra :: Makha
Persons   born in  Rohini, Hastha and Sravana constellations  and those born in Virgo and Capricorn are advised to be alert in their dealings. Combination of Day and Tithi is generally inauspicious.
Sensitive / Trend change Timings...9.45AM; 10.10AM;1.15PM;
Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected to open steady /subdued    and remain so thereafter upto about 10.45 and recover thereafter till about 12.45 and remain subdued thereafter and closing 30 minutes is particularly Bearish.
Astro Technical Trading Strategy...
After 9.30 AM, if Nifty fut trades below      the Open Price / Average Traded Price (ATP), Short   positions can be taken with High  as   Stop Loss and such positions can be closed by about 10.35AM. After 10.45AM, if Nifty fut. Trades above ATP, Long positions can be taken with suitable stop loss and can be closed by abo…

WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

Outlook for Week  24.10.2016 to 28.10.2016
Scrip Specific Movements Likely
NIFTY :: 8693 ( + 110)
Nifty traded in  a wide range of 8727 to 8506 during last week and closed nearer to the High level of the at 8693   with a  gain of 110 Points,  a gain  of  about 1.35%.
Market had closed with a positive   outlook  with a gain  of 1.35% i.e., 110 points . This week being last week of F&O week, scrip specific week is possible and Bullish scrips  could go up further and Bearish scrips could go down further.  While it is quite Bullish for Medium and Long term, short term could be quite volatile. Unless Nifty comes and closes above 8750, correction would continue to persist.
- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 8692, 8705, 8505 and 8046 respectively and wouldact as  Supports  and Resistances as Nifty is trading  above most of the Long term   Moving Averages.  
- Nifty continues to trade above    the  200 DMA and  50 DMA too has come above   200 DMA (Golden   Cross) suggesti…

WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

for the Week 17.10.2016 to 21.10.2016
Generally Bearish Bias...
NIFTY :: 8583 ( - 115)
Nifty traded in  a wide range of 8746 to 8541 in only Three days of trading  and closed nearer to the lower end of the range at 8583   with a  loss  of 115 Points,  a loss of  about 1.5%, the main reason for loss being the weakness in global markets.
Market had closed with a negative  outlook  with a loss  of 1.5% i.e., 115 points . Last week Second half was expected to be crucial and out of Three working days, Only in one day Nifty had fallen 135  points. Last week, Nifty had made a new Low of September. While further too is possible, it would be only for short term while it is quite Bullish for Medium and Long term. Unless Nifty comes and closes above 8750, correction would continue to persist.

- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 8724, 8702, 8425 and 8026 respectively and wouldact as  Supports  and Resistances as Nifty is trading  above the Long term   Moving Averages.
- Nifty cont…

ASTRO TECHNICAL GUIDE FOR NIFTY

 for 14, October 2016
Forenoon Subdued / Closing Better...
Tithi ::Aswayuja Sukla  Trayodasi
Nakshatra ::Poorvabhadra
Persons   born in  Aswini, Makha and Moola constellations  and those born in Pisces and Cancer are advised to be alert in their dealings.
Sensitive / Trend change Timings : 10.55AM; 12.10 PM; 12.40PM;
Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected to open steady /Subdued  and remain subdued till about 11 AM and could recover from 1.30 onwards .
Astro Technical Trading Strategy ...
After 1.30 PM, if Nifty fut trades above     the Average Traded Price (ATP), Long   positions can be taken with suitable   as Stop Loss and such positions can be closed by end of the day.
Technical Levels... Resistance : 8610, 8645, Support : 8545, 8510 -------------------------- - 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 Bu…

GOLD, SILVER OUTSHINE STOCKS

GIVE 28% MORE RETURNS TO INVESTORS
Gold and silver have given better returns to investors so far this year by surging up to 28 per cent, compared to stocks which showed gains of under 8 per cent.
Gold and silver prices have surged by 19.77 per cent and 28.37 per cent up to October 10 this year.
On the other hand, the 30-share barometer Sensex rose by just 7.52 per cent during this period. The index touched its 52-week high of 29,077.28 on September 8, 2016.
However, from its all-time high of 30,024.74, attained on March 4, 2015, the index is down 1,942.4 points or 6.46 per cent.
Gold prices rose to Rs 30,410 per 10 grams from Rs 25,390 on December 31, 2015, while silver to Rs 42,750 per kg from Rs 33,300 per kg.
Earlier in the year, sentiment in the market was hit mostly by volatility in crude oil prices and worries over the health of the Chinese economy.
However, the post-Budget rally in the stock market in March helped cushion some of the losses.
On monthly basis, the 30-share index has gai…

ASTRO TECHNICAL GUIDE FOR NIFTY

for 13, October 2016
VOLATILE MOVEMENTS
Tithi ::Aswayuja Sukla  Dwadasi
Nakshatra ::Sathabhisham.
Persons   born in  Aslesha , Jyeshta and Revathi constellations  and those born in Pisces and Cancer are advised to be alert in their dealings.
Sensitive / Trend change Timings :: 11.30AM; 12.10 PM; 12.40PM;
Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected to open steady   and remain subduedtill about 12.30PM and cold recover thereafter.
Astro Technical Trading Strategy ...
After 9.30AM, if Nifty fut trades below      the Open Price /Average Traded Price (ATP), Short  positions can be taken with High   as Stop Loss and such positions can be closed by about 12.15PM.  After 12.45 PM, if Nifty futures trades above  the ATP, Long  positions can be taken with suitable stop loss and can be closed by about end of the day.
Technical Levels... Resistance : 8750, 8785, Support : 8670, 8635 -------------------------------- ASTRO TECHNICAL GUIDE FOR NIFT…

WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

Second Half of the Week Crucial
for the Week 10.10.2016 to 14.10.2016
NIFTY :: 8698 ( + 87)
Nifty traded in  a wide range of 8807 to 8635  and closed nearer to the lower end of the range at 8698    with a  gain  of 87 Points,  a gain about 1%, the main reason for gain   being the new F&O month and also the expectation from RBI Credit Policy.
Market had closed with a slightly positive outlook  with a gain of 1% i.e., 87 points . Current week, being a truncated week with only 3 working days, market may not have proper continuity.  Technically too a correction which has been overdue appear to have come up. Unless Nifty comes and closes above 8800, correction would persist.

- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 8752, 8701, 8452 and 8013 respectively and would act as  Supports  and Resistances as Nifty is trading  above the Long term   Moving Averages.  
- Nifty continues to trade above    the  200 DMA and  50 DMA too has come above   200 DMA (Golden   Cross) suggesting t…

ASTRO TECHNICAL GUIDE FOR NIFTY

for 07, October 2016
Closing Subdued 
Tithi ::Aswayuja Sukla  Shashti
Nakshatra ::Jyeshta &Moola
Persons born in Krittika, Uttara and Uttarashadha constellations  and those born in Rohini, Hastha and Sravana and Sagittarius and Aries are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day ::2.20 PM;
Likely Intraday Trend for 07.10.2016::
On the basis of planetary position and aspects amongst planets, Market is expected to open steady and remain better from 9.30 till 1.45PM and may remain subdued from 2.20PM onwards.
Astro Technical Trading Strategy...
After 9.30AM, if Nifty fut trades above the Open Price /Average Traded Price (ATP), Long positions can be taken with Low as Stop Loss and such positions can be closed by about 1.30PM.
Technical Levels... Resistance : 8750, 8785, Support : 8670, 8635 -------------------------------- - IF resistance levels are achieved in the forenoon session, buying may be avoided at higher levels and risky traders can consider sh…

ASTRO TECHNICAL GUIDE FOR NIFTY

for 06, October 2016
Volatile Movements 
Tithi ::Aswayuja Sukla  Panchami  
Nakshatra ::Anuradha  &Jyeshta    
Persons   born in  Bharani, Pubba and Poorvashadha constellations in the forenoon and those born in Krittika,Uttara and Uttarashadha and Sagittarius and Aries are advised to be alert in their dealings.
Sensitive / Trend change Timings :13.38AM;2.15PM;3.25PM;
Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected to open steady   and remain subdued till about 11.40AM and recover from 11.45 to 1.50 PM and remain subdued after 2PM till the close of the day.
Astro Technical Trading Strategy...
After 9.30AM, if Nifty fut trades below      the Open Price /Average Traded Price (ATP), Short   positions can be taken with High  as Stop Loss and such positions can be closed by about 11.30AM. After 12PM, if Nifty fut trades above   the Average Traded Price, long  positions can be  taken with suitable Stop Loss and such positions can be clos…