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WEEKLY ASTRO TECHNICAL GUIDE for NIFTY

Outlook for the Week  02.5.2017 to 05.05.2017
Second Half Cautious Nifty traded in  a   range of 9131  to 9367   during last week and closed at the Upper  end of the range  for the week at 9304   with a Gain  of  185 Points,  a gain    of  about 2%.  Market gained about   about 185 points through out the week gaining about 233 points in the first Three days itself. 
- The short term trend is also UP . It is Bullish both  for Medium and Long term, Short term could become  Bearish  if Nifty comes and closes below   9200.
- Moon  transited  between Poorvabhadra and Revathi between Aquarius and Pisces between  Friday and Tuesday last  Week between 9025 and 9309 (between 21 st  March to 25 th April). Since  the High of this range is crossed on 26 th, it had become Bullish and went upto 9367 and the Target for this month is nearly 9593. In case it crosses 9367, it can be expected to go upto about9600 in May.
NIFTY :: 9304 (+185) 
- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 9209, 9062,…

ASTRO TECHNICAL GUIDE FOR NIFTY

for 28, April 2017
First Half Bullish (Day Generally Bullish)
Tithi ::Vaisakha Sukla Vidiya
Nakshatra: Krittika & Rohini
Persons born in  Aardra, Swathi and Sathabhisham constellations and those born in Gemini and Libra are advised to be alert in their dealings.
Sensitive / Trend change Timings : 1.38PM; 2.45PM
Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected to open Steady / Better and remain generally Better from 9.30 AM to 1.30 PM and could remain subdued thereafter till about Close of the day.
Astro Technical Trading Strategy...
If Nifty Fut. Trades above ATP/ Open level by about 9.30 AM , Long Positions can be taken with suitable SL, and such positions can be closed by about 1.30 PM. If Nifty Fut trades below ATP by about 1.45 PM, Short Positions can be taken with suitable SL,and such positions can be closed by about end of the day.
Technical Levels... Resistance : 9385, 9420 Support : 9305, 9270 --------------------------…

INDIAN INDICES RETREAT AFTER BIG RALLY

SENSEX, NIFTY OFF RECORD
Stocks took a breather today after three days of a dizzying rally as both the Sensex and the Nifty came down from life highs owing to rush among investors to take profit, sobered by caution in global markets.
Expiry of April derivatives contracts got under way, making participants hold back their bets. Global pointers remained subdued as the long-awaited tax plan unveiled by US President Donald Trump did not move investors. "Market traded range bound on the expiry day, while global market remained weak due to lack of clarity in US president’s corporate tax proposals which influenced investors to take out some profit," said Vinod Nair, Head of Research, Geojit Financial Services.
The Sensex scaled a new peak of 30,184.22 intra-day, driven by abundant liquidity. But subsequently, investors chose to book gains as the benchmark closed at 30,029.74, down 103.61 points, or 0.34 per cent.
Yesterday, the 30-share blue-chip index had hit its all-time closing high…

SMASHING RECORD OF INDIAN MARKET

SENSEX @ 30000
INDICES REACH NEW PEAKS
Markets raced past milestones on a record-setting spree today, with the benchmark Sensex closing above the 30,000-mark for the first time, while the broader Nifty hit a new peak, buoyed by unabated funds inflows and a global rally. Stocks saw frenzied buying, in line with global shares, which have been on a high after the first round victory of centrist Emmanuel Macron in French presidential elections. Investors are also keeping an eye on US President Donald Trump's much-awaited tax reforms. Traders said the impressive show by the ruling BJP in Delhi civic polls added to the positivity. The BSE 30-share Sensex opened on a strong footing and surged to a lifetime high of 30,167.09 points in intra-day trade, before settling at 30,133.35, up 190.11 points, or 0.63 per cent. This surpassed its previous record close of 29,974.24, reached on April 5. The gauge had hit its previous intra-day high of 30,024.74 on March 4, 2015. The Sensex has gained 768…

ASTRO TECHNICAL GUIDE FOR NIFTY

for 27, April 2017
First Half  Bullish
Tithi ::Vaisakha Sukla Padyami
Nakshatra::Bharani; Persons born in Mrigasira, Chitta and Dhanishta constellations and those born in Taurus, Virgo are advised to be alert in their dealings.
Sensitive / Trend change Timings : 11.10AM;

Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected to open  Steady   and remain generally Better from  about 10.45 AM  till about 1.15 pm  and remain subdued thereafter till about 3.15 pm / Close of the day.
Astro Technical Trading Strategy...
If Nifty Fut. Trades above ATP/ Open level by about 10.45 AM , Long Positions can be taken with suitable   SL, and such positions can be closed by about 1.00 PM. If Nifty Fut trades below ATP by about 1.15 PM, Short  Positions can be taken with suitable SL,and such positions can be closed by about 3.15 PM.
Technical Levels... Resistance : 9390, 9425 Support : 9310, 9275 -------------------------------------------- nce levels are a…

NIFTY @ LIFETIME HIGH

Sensex nears 30,000-mark
Benchmark Nifty closed above the 9,300-mark for the first time in its history today, while the Sensex soared 287 points to a three-week high on widespread buying, spurred by strong results and upbeat global cues. The 50-share Nifty rallied 88.65 points, or 0.96 per cent, to reach its new lifetime closing high of 9,306.60, surpassing the previous record close of 9,265.15 on April 5. Intra-day, it surged to 9,309.20, breaking its previous intra-day record of 9,273.90 reached on April 5. The BSE 30-share Sensex surged 287 points to end at a three-week high of 29,943.24, after shuttling between 29,961.82 and 29,780.84. The gauge had gained 290.54 points yesterday. This is the highest closing for Sensex since April 5, when it had ended on 29,974.24. Brokers said a string of strong quarterly earnings, including from index heavyweight RIL, and appreciating rupee accelerated buying activity. The rupee ended at 64.26 against the dollar, up 18 paise. Asian shares ended …

ASTRO TECHNICAL GUIDE FOR NIFTY

for 26, April 2017Opening Session Bullish
Tithi ::Chaitra Bahula Amavasya
Nakshatra::Aswini; Persons born in Rohini, Hastha, Sravana constellations and those born in Taurus, Virgo are advised to be alert in their dealings.
Sensitive / Trend change Timings :12.50PM; 1.59PM;
Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected to open  Steady/ Better   and remain generally Better till about 10.50 AM   and remain subdued thereafter till about Close of the day.
Astro Technical Trading Strategy...
If Nifty Fut. Trades above ATP/ Open level by about 9.30 AM , Long Positions can be taken with suitable   SL, and such positions can be closed by about 10.30 PM. If Nifty Fut trades below ATP by about 11.00 AM, Short  Positions can be taken with suitable SL,and such positions can be closed by about end of the day.
Technical Levels... Resistance : 9345, 9380 Support : 9265, 9230
--------------------------------------
ider short positon for a pull …

BSE LISTED Cos HIT RECORD HIGH

MARKET CAP @ RECORD HIGH Rs.1.24 LAKH CRORES

Total market valuation of BSE- listed companies hit a record high of over Rs 124 lakh crore in line with a strong broader market sentiment where the benchmark Sensex rebounded 291 points.
At the close of trade today, the market capitalisation of BSE-listed companies surged to Rs 1,24,41,895 crore.
The 30-share Sensex settled up 290.54 points, or 0.99 per cent, at 29,655.84.
"... domestic markets were facilitated by a relief in global market due to a favourable outcome in French presidential result" said Vinod Nair, Head of Research, Geojit Financial Services Ltd
From the 30-share basket, 21 ended with gains led by GAIL, Axis Bank and L&T. Among BSE sectoral and industry indices, realty rose the most by 3.02 per cent followed by capital goods (1.66 per cent). On BSE, 1,608 stocks advanced while 1,280 declined and 184 remained unchanged. As many as 290 stocks hit their 52-week high on BSE.

MARUTI LEADS CAR MARKET

Maruti Suzuki tightened its grip on the Indian passenger vehicles market with with seven of its models featuring in the ten best selling list in 2016-17, with its small car Alto retaining the top seller tag for the 13th consecutive year. According to data released by Society of Indian Automobile Manufacturers (SIAM), Maruti Suzuki India (MSI) had only six models in the top ten list in 2015-16. The Indian passenger vehicles (PV) market saw a total sales of 30,46,727 units in FY17 as against 27,89,208 units in the previous year, a growth of 9.23 per cent. MSI's top seven best selling models accounted for over 35 per cent of the domestic PV sales at 10,74,937 units. Overall, the company which sold a total of 14,43,641 units last fiscal had a market share of 47.38 per cent in the PV segment. In the fiscal ended March 31, 2017, Alto retained the top slot despite 8.27 per cent decline in sales at 2,41,635 units as compared with 2,63,422 units in the year before. MSI's Wagon R moved …

ASTRO TECHNICAL GUIDE FOR NIFTY

for 20, April 2017
Volatile Movements with Bearish Bias
Tithi ::Chaitra Bahula Navami
Nakshatra : Shravana
Persons born in Punarvasu, Visakha and Poorvabhadra constellations and those born in Aquarius and Gemini are advised to be alert in their dealings.
Sensitive / Trend change Timings : 11.25AM; 1.10PM; 1.40PM;
Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected to open Steady/ Better and remain generally Better till about 10.20 AM and remain subdued thereafter till about 12 PM and recover thereafter till about 1.30 PM and remain subdued till about close of the day.
Astro Technical Trading Strategy...
If Nifty Fut. Trades below ATP/ Open level by about 10.30 AM , Short Positions can be taken with suitable SL, and such positions can be closed by about 12 PM. If Nifty Fut trades below ATP by about 1.45 PM, Short Positions can be taken with suitable SL,and such positions can be closed by about 3.30 PM .
Technical Levels... Resistance : 914…

ASTRO TECHNICAL GUIDE FOR NIFTY

for 19, April 2017  Forenoon Session Better
Tithi ::Chaitra Bahula Ashtami
Nakshatra::Uttarashadha
Persons born in Aardra, Swathi and Sathabhisham constellations and those born in Aquarius and Gemini are advised to be alert in their dealings.
Sensitive / Trend change Timings : 10.50 AM; 11.20 AM; 11.45AM;1.30PM;
Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected to open Steady/ Better and remain so from 9.30AM to 1.30PM, and could remain Subdued thereafter till about close of the day.
Astro Technical Trading Strategy...
If Nifty Fut. Trades above ATP/ Open level by about 9.45 AM , Long Positions can be taken with suitable SL, and such positions can be closed by about 1.15 PM. If Nifty Fut trades below ATP by about 1.45 PM, Short Positions can be taken with suitable SL,and such positions can be closed by about 3.30 PM .
Technical Levels... Resistance : 9145, 9180 Support : 9065, 9030 ------------------------------------- - IF resistance…

SBI, the MOST VALUED FIRM IN PSU Mcap

State Bank of India (SBI) today surpassed ONGC to become the country's most valued state-owned firm in terms of market valuation.
At the end of trade, the market cap of SBI stood at Rs 2,35,307.51 crore. This is about Rs 2,961.79 crore more than that of PSU energy major ONGC's Rs 2,32,345.72 crore.
ONGC once used to be the country's most-valued company in terms of market valuation.
Among the top-10 most valued companies list, SBI is at fifth position, while ONGC is seventh.
Shares of SBI ended the day with a mild gain of 0.17 per cent at Rs 290.15, while ONGC fell by 1.12 per cent to Rs 181.05 on BSE.
In intra-day, shares of SBI rose by 2.33 per cent to Rs 296.40 and ONGC lost 1.36 per cent to Rs 180.60.
So far this year, shares of SBI surged almost 16 per cent while that of ONGC fell by over 4 per cent.
IT major TCS is the most valued Indian company with a market cap of Rs 4,54,902.85 crore followed by RIL (Rs 4,45,578.92 crore), HDFC Bank (Rs 3,70,480.05 crore), ITC (Rs 3,38,85…

ASTRO TECHNICAL GUIDE FOR NIFTY

for 18, April 2017
Second Half Subdued
Tithi ::Chaitra Bahula Sapthami
Nakshatra::Poorvashadha
Persons   born in  Mrigasira, Chia and Dhanishta constellations  and those born in Capricorn and Taurus are advised to be alert in their dealings.
Sensitive / Trend change Timings : 10.20 AM; 2.32PM;
Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected to open  Steady  and remain Better from 10.20AM to 1.30PM,   and remain Subdued thereafter till about close of the day.
Astro Technical Trading Strategy...
If Nifty Fut. Trades above   ATP/ Open level by about 10.30 AM , Long   Positions can be taken with suitable   SL, and such positions can be closed by about 1.30 PM. If Nifty Fut trades below   ATP by about 1.45 PM, Short  Positions can be taken with suitable SL,and such positions can be closed by about 3.30 PM .
Technical Levels... Resistance : 9180, 9215 Support : 9100, 9065 ------------------------------------------ - IF resistance levels are…

NOW, BSE ROUND THE CLOCK ALERTS

Right from board meeting outcomes to regulatory actions, investors are now getting updates about BSE-listed companies even at midnight with a new corporate announcement filing system where the delay in dissemination is less than 10 seconds. Moving away from the earlier practice of "pre- verification", the exchange is seeking to provide price sensitive information about companies at the earliest with the new system. Now, most filings by listed firms on the BSE come with two sets of timings and their difference shows the gap in dissemination of the information by the exchange after receiving the information from the entity concerned. A cursory glance at the timings of filings on the bourse shows that some of them have come even close to midnight, making the dissemination almost a round-the-clock affair. Under the new system, introduced last month, corporate announcements would be disseminated "without pre- verification", according to the BSE. "Corporate Announce…

WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

for the week 17.4.2017 to 21.04.2017
Sell on Rise 

NIFTY :: 9151(- 47)
Nifty traded in a narrow range of 9145 to 9246 during last week and closed at the Lower end of the range for the week at 9151 with a Loss of 47 Points (a loss of about 0.50%) with a light negative outlook. Market lost about 47 points through out the week despite a gain of 56 points on Tuesday.
- The short term trend is slightly Down . It is Bullish both for Medium and Long term, Short term could be quite Bearish Unless Nifty comes and closes above 9225.
- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 9154, 8965, 8583 and 8579 respectively and would act as Supports and Resistances as Nifty is trading only below 20 DMA.
- Nifty continues to trade above the 200 DMA and also the 50 DMA and 50 DMA too has come above 200 DMA (Golden Cross has come about Two months ago) suggesting that the Long term outlook has become Bullish and Nifty continues to trade above both the Averages and hence can be considered Bullish for L…