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Showing posts from October, 2017

INDIA IN TOP 100 LEAGUE OF EASE OF DOING BUSINESS

India has jumped 30 places to rank 100th in the World Bank's 'ease of doing business' ranking, helped by a slew of reforms in taxation, licensing, investor protection and bankruptcy resolution. The ranking comes as a shot in the arm for the Narendra Modi government amid dissenting voices in certain quarters about implementation of the Goods and Services Tax (GST) as well as demonetisation. In its annual report 'Doing Business 2018: Reforming to Create Jobs', the World Bank said that India's ranking reflects nearly half of the 37 reforms, adopted since 2003, implemented in the last four years. The ranking, however, does not take into account business environment post implementation of GST, which weaved the country of 1.3 billion into one market with one tax and removed inter-state barriers for trade. India, which was ranked 130th among the 190 nations, is "one of the top 10 improvers in this year's assessment, having implemented reforms in 8 out of 10 &…

ASTRO TECHNICAL GUIDE FOR NIFTY

for November 1, 2017
Second Half  Better 
Tithi ::Karteeka Sukla Dwadasi
Nakshatra ::Uttarabhadra
Persons born in  Bharani, Pubba and Poorvashadha and those  born in Aries and Leo are advised to be alert in their dealings. 
Sensitive / Trend change Timing :1.32PM
Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected to open Subdued and remain Subdued  from Opening till about 1.10PM and remain Better  thereafter till about 2.50PM and could reman Subdued thereafter till about Close 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 1.00 PM. If Nifty fut trades Better above   ATP by about 1.15PM , Long Positions can be taken with suitable SL and such positions can be closed by about 2.45PM.
Technical Levels... Resistance : 10375,10410 Support :10295,10260 ----------------------------------…

ASTRO TECHNICAL GUIDE FOR NIFTY

for October 31, 2017
Generally Better
Tithi ::Karteeka Sukla Ekadasi
Nakshatra ::Poorvabhadra
Persons born in Aswini, Makha and Moola and those  born in Pisces and Cancer are advised to be alert in their dealings.
Sensitive / Trend change Timings :1.40PM
Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected to open Subdued and remain Subdued from Opening till about 9.45AM and remain Better thereafter till about 11.50PM and reman Subdued thereafter till about 1.45 PM and remain Better thereafter till Close of the day.
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 11.45 AM. If Nifty fut trades Better below ATP by about 12.00PM , Short Positions can be taken with suitable SL and such positions can be closed by about 1.45PM. If Nifty fut trades above the ATP by about 2 PM , Long position can be taken  …

DeMo HIT POOR... but THEY FORGIVE MODI

Prime Minister Narendra Modi's demonetisation hit the poor but they forgave him because they believed he was on their side and the move was aimed against "filthy rich people", says former member of the erstwhile Planning Commission Arun Maira says. According to Maira, it was, however, yet to be known whether the rich got hurt. "People in our society are evidently upset with the rich having so much. Mr Modi and also other people like Mr Anna Hazare were listening to the people who were upset with the establishment -- the rich people and the government, that is, the crony capitalism. And that is what the Anna Hazare’s movement was against. It was not only against the government but against the corrupt as well. "So Mr Modi took that movement and made that (corruption) the message; this (demonetisation) is to hurt those people (the rich), therefore the other people suffering took it like 'wow!'. That's why I think the rich people like us better listen. …

WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

for the Week 30.10.2017 to 03.11.2017

Current week Trend is Decisive for the month
NIFTY : 10323 (+176)
Nifty traded in a range of 10125 to 10366 during last week and closed nearer to the high of the range for the week at 10323. Market had closed with a Positive outlook with a Gain 176 points (about 1.73%).
- The short term trend too is Bullish. It is Bullish both for Medium and Long term, However, Short term would become Bearish if Nifty comes and closes below 10100
- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 10082, 9720, 9889 and 9452 respectively and would act as Supports and Resistances.
- Nifty continues to trade above the 200 DMA but below the 50 DMA and 50 DMA has come above 200 DMA (Golden Cross has come more than Seven months ago) suggesting that the Long term outlook has become Bullish and Nifty continues to trade above all the moving averages and hence can be considered as Bullish .
Technical Levels...
Breakout level :10450 Breakdown level : 10200
Bullish above 10400 wi…

ASTRO TECHNICAL GUIDE FOR NIFTY

for October 27, 2017

First Half Better
Tithi ::Karteeka Sukla Ashtami
Nakshatra : Uttarashadha
Persons born in Aardra, Swathi and Sathabhisham and those  born in Aquarius and Gemini are advised to be alert in their dealings.
Sensitive / Trend change Timings :1.17PM
Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected to open Subdued and remain Better from 9.40 AM and remain so till about 1.40 PM and remain Subdued thereafter till about Close of the day.
Astro Technical Trading Strategy for the day
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 1.30 PM. If Nifty fut trades Subdued below ATP by about 1.45PM , short Positions can be taken with suitable SL and such positions can be closed byabout end of the day.
Technical Levels... Resistance : 10375,10410 Support :10305,10270
---------------------------------------
IF resistance levels ar…

ASTRO TECHNICAL GUIDE FOR NIFTY

for October 26, 2017
Scrip Specific Movements

Tithi : Karteeka Sukla Sapthami
Nakshatra : Poorvashadha
Persons born in Mrigasira, Chitta and Dhanishta and those  born in Sagittarius and Aries are advised to be alert in their dealings.
Sensitive / Trend change Timings : 10.18AM
Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected to open Better and remain so till about 10.50 AM and remain Subdued thereafter till about 12.50PM and remain Better thereafter till about 2.40 PM and remain Subdued thereafter .
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 10.45 AM. If Nifty fut trades Subdued below ATP by about 11.00AM , short Positions can be taken with suitable SL and such positions can be closed byabout 12.45 PM. If Nifty fut trades above ATP by about 1.00 PM, Long postions can be taken with suitable S…

JIO TARIFF CICK FOR TELECOM STOCKS

Telecom stocks today surged up to 8 per cent after the recent increase in Reliance Jio tariffs, which is largely seen as positive for the sector. Shares of Bharti Airtel jumped 4.99 per cent to close at Rs 497.50 on BSE. Bharti Airtel was the biggest gainer among the 30-share index components. The scrip of Idea Cellular soared 7.74 per cent to end at Rs 98.15 and Reliance Communications zoomed 7.60 per cent to Rs 17.70. Reliance Jio made its service dearer by about 15 per cent for its popular 84-day plan at Rs 459 from October 19, under which subscribers get 1GB 4G data at high speed per day. The company restructured its various schemes by reducing their validity period. The recent increase in Reliance Jio tariffs will increase its average revenue per user by up to 20 per cent and is a positive for the telecom sector, which is seeing a rapid consolidation, says a Philip Capital report. Established telecom sector players have seen huge reduction in their margins. Idea Cellular and Reli…

ASTRO TECHNICAL GUIDE FOR NIFTY

for October 24, 2017
Mid Session Better
Tithi ::Karteeka Sukla Panchami
Nakshatra ::Jyeshta
Persons born in Krittika, Uttara and Uttarashadha and those  born in Sagittarius and Aries are advised to be alert in their dealings.
Sensitive / Trend change Timings : 10.58AM
Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected to open Subdued and remain so till about 10.45 AM and remain Better  thereafter till about 2.35PM and become Subdued thereafter .
Astro Technical Trading Strategy...
If Nifty Fut. Trades above the Open/ATP level by about 11 AM , Long Positions can be taken with suitable SL, and such positions can be closed by about 2.30 AM.
Technical Levels... Resistance : 10225,10260 Support :10145,10110 ----------------------------------------- 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 l…

RISK IS THRILLING FOR SOME INVESTORS

When investors hear the line that certain 'investments are subject to market risks', it means 'danger or loss' for most of them, but a few associate the word 'risk' with 'thrill or opportunity' as well. These are the findings of a new survey, commissioned by capital markets regulator Sebi, which also found that investors worry more about market risks like volatility and financial losses rather than operational risks such as corporate governance issues and insider trading. Risk, returns and liquidity perceptions demonstrates that while individual retail investors are surprisingly rational about certain aspects of financial decision-making, they can also be completely irrational regarding a number of other market aspects. The word 'risk' itself has different meanings for various investors. When the word 'risk' is mentioned, 'danger' is the first word that comes to the minds of 33 per cent of the investors surveyed and 23 per cent t…

NIFTY FORECAST for SAMVAT-2074 (Deewali to Deewali)

VOLATILE AND SCRIP SPECIFIC MOVEMENTS
Samvat  2073 has ended the year at a  level of 10211  (up from 8638 last year) recording  a rise  of just about  18%.Metal, FMCG,Infra,Bank, Auto stocks have done well during the year and only Pharma stocks had given a negative return. From Jamuary 2018 onwards market will take a turn.
Samvat Year 2074 rises in Cancer Lagna with luminaries (Sun and Moon) and Mercury and Jupiter placed in 4th and Mars and Venus in 3 rd in Virgo and Saturn placed in 5th in Scorpio and Rahu and Ketu placed in Cancer and Capricorn. All planets transiting in between Rahu and Ketu. On the basis of Planetary position at the time of Diwali (New year) and the transiting planets during the year the following indications are available astrologically. Resistance Levels...
10340. 10570, 10700,11150,11500, 11900
Support Levels...
9870,9710,9560,9215,8880

While global cues, FII inflows and Government policies including Monetary policy of the central bank, Business environment, Curre…

WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

Recovery towards Weekend
Outlook for the Week 23.10.2017 to 27.10.2017
NIFTY :: 10,147 (- 20)
Nifty traded in a range of 10252 to 10123 during last week and closed nearer to the Low of the range for the week at 10147 with a Loss of 20 Points. Market had closed with a slight negative outlook.
- The short term  trend is also Bullish. It is Bullish both  for Medium and Long term, Short term would become Bearish  if Nifty comes and closes below  10075
- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 9992, 9957, 9856 and 9400 respectively and would act as Supports and Resistances.
- Nifty continues to trade above the 200 DMA and also above the 50 DMA and 50 DMA has come above 200 DMA (Golden Cross has come more than Eight months ago) suggesting that the Long term outlook has become Bullish and Nifty continues to trade above all the moving averages and it is at the nearly at the highest level ever.
Technical Levels...
Bullish above 10220 with Resistance at 10300, 10375
Bearish below 10075 w…