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Showing posts from August, 2017

INDIA's Q1 GDP DOWN TO 5.7%

India's GDP growth slumped to a three-year low of 5.7 per cent during April-June -- lagging China for the second straight quarter -- as manufacturing slowed ahead of the GST launch amid demonetisation effect. China clocked 6.9 per cent growth in January-March as well as April-June quarters. The expansion in gross domestic product (GDP) was 6.1 per cent in the preceding quarter and 7.9 per cent in the same period last fiscal. The previous low of 4.6 per cent was recorded in January-March 2014. Gross value added (GVA) in the manufacturing sector fell sharply to 1.2 per cent, from 10.7 per cent year on year, as the businesses focussed more on clearing inventories rather than production ahead of the July 1 launch of GST. 
Uncertainty about new indirect tax rates under GST prompted a host of industries, including carmakers, FMCG companies and garment manufacturers, to clear their stocks. Demonetisation of high-value currency notes in November last year impacted economic activities in th…

ASTRO TECHNICAL GUIDE FOR NIFTY

for September 01, 2017
Volatile Movements 
Tithi ::Bhaadrapada Sukla Ekadasi
Nakshatra :: Poorvashadha
Persons born in Mrigasira, Chitta and Dhanishta and those  born in Capricorn and Taurus are advised to be alert in their dealings.
Sensitive / Trend change Timings : 11.25AM;
Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected to open  Better and remain Better upto 09.35 AM and remain Subdued thereafter  till about 11.50 AM and could remain Better again till about 2.00PM and could remain Subdued there afer till about Close of the day.
Astro Technical Trading Strategy...
If Nifty Fut. Trades below Open/ ATP level by about 9.45 AM , Short Positions can be taken with suitable SL, and such positions can be closed by about 11.45PM. If Nifty fut trades above the ATP by about 12.00PM, Long Positions can be taken with suitable SL and to be closed by about 1.45 PM. If Nifty fyt trades below ATP by about 2.15 PM. Short Positions can be taken with…

ASTRO TECHNICAL GUIDE FOR NIFTY

for August 31, 2017


Volatile and Scripwise Movements
Tithi ::Bhaadrapada Sukla Dasami
Nakshatra :: Moola
Persons born in Rohini, Hastha and Sravana and those born in Capricorn and Taurus are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day:: 15.20
Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected to open Steady and remain Better upto 10.45 AM and remain Subdued thereafter  till about 1.00 PM and could remain Better again till about 3.10PM and could remain Subdued there afer till about Close of the day.
Astro Technical Trading Strategy...
If Nifty Fut. Trades below ATP level by about 10.45 AM , Short Positions can be taken with suitable SL, and such positions can be closed by about 12.45PM. If Nifty fut trades above the ATP by about 1.15PM, Long Positions can be taken with suitable SL and to be closed by about 3.00 PM
Technical Levels Resistance : 9925, 9960 Support : 9845, 9790
------------------------…

WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

for August 30, 2017 First Half  Better
Tithi ::Bhaadrapada Sukla Navami
Nakshatra :: Jyeshta
Persons born in Kittika, Uttara and Uttaraashadha and those  born in Sagittarius and Aries are advised to be alert in their dealings.
Sensitive / Trend change Timings : 12.22PM;
Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected to open Better and remain so till about 1.30 PM and could remain Subdued there afer till about Close of the day.
Astro Technical Trading Strategy...
If Nifty Fut. Trades above the Open / ATP level by about 9.30 AM , Long Positions can be taken with suitable SL, and such positions can be closed by about 1.30PM. If Nifty fut trades below the ATP by about 1.45PM, Short Positions can be taken with suitable SL and to be closed by about end of the day.
Technical Levels... Resistance : 9845, 9880 Support : 9755, 9720 ----------------------------------------------

IF resistance levels are achieved in the forenoon session, buying …

PETROL PRICE UP BY Rs.6/- IN 2 MONTHS

Petrol price has been hiked by Rs 6 per litre since the beginning of July and is now priced at its highest rate in three years with rates being revised in small dosages daily. Diesel price has increased by Rs 3.67 a litre and now costs Rs 57.03 a litre in Delhi, the highest in four months, according to data from state-owned oil companies. A litre of petrol costs Rs 69.04 a litre in Delhi, the highest since second-half of August 2014 when it was priced at Rs 70.33. State-owned oil companies in June dumped the 15-year old practice of revising rates on 1st and 16th of every month and instead adopted a dynamic daily price revision to instantaneously reflect changes in cost. Prices of petrol and diesel have been revised at 0600 hrs everyday since June 16. Rates during the first fortnight dropped but have since July 3 been on the rise. Petrol price was at Rs 65.48 a litre on June 16 in Delhi and it dropped to Rs 63.06 by July 2. However, rates have since gone up every day except on four occ…

ASTRO TECHNICAL GUIDE FOR NIFTY

for August 29, 2017
Opening Session Better
Tithi ::Bhaadrapada Sukla Ashtami
Nakshatra : Anuradha
Persons born in Bharani, Pubba and Poorvashadha and those  born in Sagittarius and Aries are advised to be alert in their dealings.
Sensitive / Trend change Timings : 9.28AM; 1. 40 PM;
Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected to open Better and remain so till about 10.45 AM and could remain Subdued there afer till about Close of the day.
Astro Technical Trading Strategy...
If Nifty Fut. Trades above the Open / ATP level by about 9.30 AM , Long Positions can be taken with suitable SL, and such positions can be closed by about 10.30AM. If Nifty fut trades below the ATP by about 11.00AM, Short Positions can be taken with suitable SL and to be closed by about 3.00 PM of the day.
Technical Levels... Resistance : 9955, 9990 Support : 9875, 9840 ----------------------------------------------

IF resistance levels are achieved in the forenoo…

ASHISH CHAUHAN TO STEER BSE ANOTHER 5 YEARS ?

Top stock exchange BSE's board has approved another five-year term for its chief Ashish Chauhan, who has steered a strong turnaround and a highly- successful IPO of the bourse with strong business expansion. Chauhan, who joined BSE as Deputy CEO in 2009, was made MD and CEO for a period of five years with effect from November 2, 2012. At a meeting held earlier this month, the board approved re-appointment of Ashishkumar Chauhan as BSE's Managing Director and CEO for a further period of five years from November 2, 2017 to November 1, 2022. This would be subject to approval from the capital markets regulator Sebi and from the shareholders at the ensuing Annual General Meeting. Chauhan also happens to be one of the founding team members of National Stock Exchange (NSE) where he worked from 1992 to 2000. From 2000 to 2009, he worked as the President and Chief Information Officer of Reliance group and was also the CEO of the IPL cricket team Mumbai Indians in its formative years. A…

WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

Outlook for the Week 28.8.2017 to 01.09.2017
Scrip Specific Movements
NIFTY :: 9857 (+20)
Nifty traded in a narrow range of 9884 to 9740 during last week and closed at the Upper end of the range for the week at 9857 with a Gain of 20 Points (about 0.20%). Market had closed with a mild Positive outlook
- The short term trend is rather weak . It is Bullish both for Medium and Long term, Short term could be quite Bullish if Nifty comes and closes above 9975.
- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 9926, 9805, 9597 and 9050 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 more than Six months ago) suggesting that the Long term outlook has become Bullish and Nifty continues to trade above both the long term Moving Averages and hence can be considered Bullish for Long term too.
Technical Levels ::
B reakout level …

ASTRO TECHNICAL GUIDE FOR NIFTY

for August 24, 2017
Generally Better
Tithi ::Bhaadrapada Sukla Thadiya
Nakshatra :: Uttara/Hastha
Persons born in Aardra, Swathi and Sathabhisham and those born in Libra and Aquarius are advised to be alert in their dealings.
Sensitive / Trend change Timings : 2.00PM
Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected to open Subdued and remain Better from about 9.40 AM till about 2.30 PM and to remain marginally Subdued thereafter till Close.
Astro Technical Trading Strategy...
If Nifty Fut. Trades above the Open / ATP level by about 9.45 AM , Long Positions can be taken with suitable SL, and such positions can be closed by about 2.30PM. If Nifty fut trades below the ATP by about 2.45PM, Short Positions can be taken with suitable SL and to be closed by about end of the day.
Technical Levels... Resistance : 9890, 9925 Support : 9810, 9775 ----------------------------------------------
IF resistance levels are achieved in the forenoon sessi…

ASTRO TECHNICAL GUIDE FOR NIFTY

for August 23, 2017

Votalite Movements

Tithi ::Bhaadrapada Sukla Vidiya

Nakshatra :: Pubba/Uttara

Persons born in Mrigasira, Chitta, Dhanista and those born in Virgo and Capricorn are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day:: 1.40, 2.50 PM

Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected to open Better and remain Steady / Subdued between 9.30 to 11.30 AM. After that again better from 11.45 to 1.45 and again remain Subdued / weak after  2 PM uptoclose of the day.

Astro Technical Trading Strategy...
If Nifty Fut. Trades below the Open / ATP level by about 9.30 AM , Short Positions can be taken with suitable SL, and such positions can be closed by about 11.30P M. If Nifty fut trades above the ATP by about 11.45PM, Long Positions can be taken with suitable SL and to be closed by about 1.45PM.t
Again if the index  trades below ATP after 2 PM further short positions may be considered and closed by t…

ASTRO TECHNICAL GUIDE FOR NIFTY

for August 22, 2017


Mid Session Subdued
Tithi ::Bhaadrapada Sukla Padyami
Nakshatra :: Makha / Pubba
Persons born in Rohini, Hastha and Sravana and those born in Virgo and Capricorn are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day:: 2.40 PM;
Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected to open Steady / Subdued and remain so till about 11.30 AM and to remain Subdued / weak  thereafter  till about 1.40 PM and  to remain Better thereafter till about 2.40 and remain Subdued thereafter till about close of the day.
Astro Technical Trading Strategy...
If Nifty Fut. Trades below the Open / ATP level by about 11.30 AM , Short Positions can be taken with suitable SL, and such positions can be closed by about 2.30P M. If Nifty fut trades above the ATP by about 1.45PM, Long Positions can be taken with suitable SL and to be closed by about 2.45PM.
Technical Levels... Resistance : 9795, 9830 Support : 9715…

WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY