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Showing posts from January, 2018

ASTRO TECHNICAL GUIDE FOR NIFTY

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for February 1, 2018

Budget Holds the Key
Tithi :: Magha Bahula Padyami
Nakshatra ::Aslesha
Persons born in Krittika, Uttara and Uttarashadha and those born in Leo and Sagittarius are advised to be alert in their dealings.
Sensitive / Trend change Timings : 9.40AM; 3.05 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 12.20 PM a d remain Subdued till about 2.15 PM and could remain Better till about Close of the day. However, Budget holds the key for the day.
Astro Technical Trading Strategy...
If Nifty fut trades above ATP by about 9.30 AM, Long Positions can be taken with suitable SL and such positions can be closed by about 12.15 PM. If Nifty fut trades above ATP by about 2.30 PM Long Positions can be taken with Suitable SL and Such Positins can be Closed by about 3.00 PM of the day.
Technical Levels... Resistance : 11070,11105 Support : 10985,10930

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ASTRO TECHNICAL GUIDE FOR NIFTY

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for January 31, 2018

Generally Steady
Tithi :: Magha Sukla Poornia
Nakshatra ::Pushyami
Persons born in Bharani, Pubba and Poorvashadha and those born in Leo and Sagittarius are advised to be alert in their dealings.
Sensitive / Trend change Timings : 12.14PM
Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected to Open Better for Short Time and remain mildly Subdued thereafter till about close of the day.
Astro Technical Trading Strategy...
If Nifty fut trades below ATP by about 11.30 AM, Short Positions can be taken with suitable SL and such positions can be closed by about 3.00 PM.
Technical Levels... Resistance : 11090,11125 Support : 11010,10075 ----------------------------------------------

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 achieved in the forenoon session, sellin…

INDICES RESUME RECORD RUN

Economic Survey boost sentement
Equities resumed their record- setting spree today after an upbeat growth forecast by the Economic Survey gave fresh impetus to investor sentiment. India will re-establish itself as the world's fastest growing major economy with GDP expanding by 7-7.5 per cent in 2018-19, up from 6.75 per cent in the current fiscal, said the Economic Survey tabled in Parliament today. The beginning of February derivatives contracts and unabated foreign fund inflows amid encouraging corporate earnings added to the optimism, brokers said. Benchmark indices continued their up-move supported positive global cues and strong liquidity. Market cheered the GDP growth estimates of 7-7.5 per cent for 2018-19 released by the Economic Survey. Sentiment was also buoyed by positive opening in European markets, tracking record closing at the Wall Street on Friday, brokers said.
The 30-share Sensex, after opening on a strong footing on optimistic buying by participants, gathered mo…

ASTRO TECHNICAL GUIDE FOR NIFTY

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for January 30, 2018

Volatile Movements with  Bullish Bias
Tithi :: Magha Sukla Chaturdasi
Nakshatra ::Punarvasu
Persons born in Aswini, Makha and Moola and those  born in Cancer and Scorpio are advised to be alert in their dealings.
Sensitive / Trend change Timings : 9.40 AM
Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected to Open Better and remain So upto 10.20 AM and remain Subdued thereafter upto 12.00 PM and remain Better thereafter till about 1.45 PM and could remain Subdued towards Close of the day.
Astro Technical Trading Strategy...
If Nifty fut trades Above ATP by about 9.30 AM, Long Positions can be taken with suitable SL and such positions can be closed by about 10.15 AM. IF Nifty fut trades below ATP by about 10.30 AM ,Short Positions can be taken with suitable SL and such positions can be closed by about 12.00 PM. If Nifty fut trades Above ATP by about 12.15 PM, Long Positions can be taken with suitable SL and such posi…

WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

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Budget Holds the Key
Outlook for the Week 29.01.2018 to02.02.2018
NIFTY :: 11070 (+175)
Nifty traded in a range of 10881 to 11110 during last week and closed nearer to the High of the range for the week at 11070 with a Gain of 175 Points (about 1.61%). It had closed with a Positive outlook. On Wednesday made a new 52 week high and made a positive close for the 8 th week in a row. Since Budget day is quite Close, Market would factor in the possible outcomes in the market before Budget. Union Budget would be presented in the Parliament next week and it would decide the future course of the market.
- Market is quite Bulliish for Short, Medium and Long term too. However, Short term would become Bearish if Nifty comes  Down and closes below 10850
- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 10726, 10492, 10317 and 9984 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 (Golde…

ASTRO TECHNICAL GUIDE FOR NIFTY

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for January 24, 2018

Mid Session Better

Tithi :: Magha Sukla Saptami
Nakshatra ::Aswini
Persons born in Rohini, Hastha and Sravana and those  born in Taurus and Virgo are advised to be alert in their dealings.
Sensitive/Trend change Timings : 2.32 PM
Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected to Open Subdued and remain So upto 10.25 AM and remain Better thereafter upto 12.00 PM and remain Steady/Subdued thereafter till about Close of the day.
Astro Technical Trading Strategy...
If Nifty fut trades below ATP by about 9.30 AM, Short Positions can be taken with suitable SL and such positions can be closed by about 10.20 AM. IF Nifty fut trades above ATP by about 10.30 AM , Long 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 1.30 PM , Short Positions can  be taken with suitable SL and such positions can be closed by about Close of the day.
Technical Le…

RECORD RUNNING SPREE IN INDIAN STOCK MARKET

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Sensex scales 36K, Nifty tops 11K
Domestic equities continued euphoric run for the fifth straight day riding a wave of optimism, with the BSE Sensex surging past the 36,000-level and the NSE Nifty breaching 11,000 for the first time ever following IMF's GDP forecasts for India coupled with positive global cues. Both benchmark indices were driven by strong gains mainly in metal, banking, IT and infra shares amid earnings optimism. The major trigger behind the boost in investors optimism was the International Monetary Fund's forecast that India's GDP growth will hit 7.4 per cent in 2018-19 and the country will regain the status of the world's fastest growing major economy.
India’s stock market opened higher on Tuesday with the key equity indices Sensex and Nifty hitting their respective all-time highs led by the rally in the shares of heavyweight companies such as Reliance Industries, Infosys, and HDFC. The domestic markets started the day at record highs with Sensex and …

ASTRO TECHNICAL GUIDE FOR NIFTY

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 for January 23, 2018

Generally Better
Tithi :: Magha Sukla Shashti
Nakshatra ::Revathi
Persons born in Krittika, Uttara and Uttarashadha and those born in Aries and Leo are advised to be alert in their dealings.
Sensitive / Trend change Timings : 14.16 PM
Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected to Open Better and remain So upto 12.10 PM and remain Steady/Subdued thereafter up to 2.00 PM and remain Better thereafter till about Close of the day.
Astro Technical Trading Strategy...
If Nifty fut trades above ATP by about 9.30 AM, Long Positions can be taken with suitable SL and such positions can be closed by about 12.00 PM. IF Nifty fut trades above ATP by about 2.00 PM , Long Positions can be taken with suitable SL and such positions can be closed by about end of the day.
Technical Levels... Resistance : 11005,11040 Support : 10925,10890

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IF resistance levels are achieved in the foren…

WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

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First Half of the Week is crucial  Outlook for the Week 22.01.2018 to 25.01.2018 
NIFTY : 10895 (+214)
Nifty traded in a range of 10667 to 10907 during last week and closed nearer to the High of the range for the week at 10895 with a Gain of 214 Points (about 2.00%). Market Gained about 214 points through out the week only by losing 41 points on Tuesday. On Friday, market made a new 52 week high on Friday and made a positive weekly close for the 7 th time in a row. Since Budget day is quite Close, Market would factor in the possible outcomes in the market before Budget. Market had goneup for 7 weeks in a row and next week First Half is important and if the range of First week is broken on the upside, it could go up.
- It is quite Bullish for Both Medium Term and Long term too. However, Short term would become Bearish if Nifty comes Down and closes below10700 Weekly Open level is very important for the entire week.
- 20, 50, 100 and 200 DMAs are placed at 10604, 10412, 10249 and 9927 respe…

BSE SENSEX RISE 1700 POINTS IN 14 SESSIONS

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CREATES NEW RECORD
Benchmarks extended their gravity- defying run for the third straight session today as healthy earnings by bluechips and GST rationalisation gave fresh impetus to the buying momentum. The BSE Sensex spurted 251.29 points to end at its fresh lifetime high of 35,511.58, while the broader NSE Nifty advanced 77.70 points to record 10,894.70. Intra-day, it breached the 10,900-mark for the first time. Investor sentiment got a leg-up after the GST Council yesterday cut the tax rate on 29 goods and 54 categories of services. Encouraging third-quarter results by bluechips like HDFC Bank and ITC added to the cheer. Opening higher, the 30-share Sensex surged to an all-time high of 35,542.17 on a string of encouraging earnings. It finally ended 251.29 points, or 0.71 per cent higher at 35,511.58 -- bettering its previous record closing of 35,260.29 hit yesterday. The index has now rallied 740.53 points in three straight sessions. Since the begining of the New Year Sensex rose a …

ANDHRA PRADESH GROWTH IS QUITE IMPRESSIVE

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Doesn't need ' any handholding': Rajiv Kumar
NITI Aayog Vice-Chairman Rajiv Kumar today hinted that Andhra Pradesh neither required "handholding" nor special category status given its economic growth story. Rajiv Kumar, who was on a day-long visit to the state, made pointed remarks first at the district collectors' conference and later at an interaction with journalists at the Secretariat. "With an average per capita income higher than the national average, special status demand is... well, you should think about it," he told reporters when asked about the demand for such a status. A couple of hours earlier, reacting to a request made by Chief Minister N Chandrababu Naidu for NITI Aayog's "handholding support" to Andhra Pradesh, Kumar remarked "with your 11 per cent and 15 per cent (economic growth), you will soon not need any handholding." His observations left state ministers and bureaucrats flummoxed with apprehension about…

92 LISTED Cos CAN PAY Rs.34000 CRORES AS DIVIDEND

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As many as 92 listed companies can potentially return cash worth nearly Rs 34,000 crore to their shareholders in the form of dividend, proxy advisory firm IiAS said. In a report released today, IiAS said that despite a muted earnings growth in financial year 2016-17, Indian companies can pay higher dividends from their existing large cash piles. Based on an analysis of the financial of S&P BSE 500 firms, the report said 92 companies paid Rs 407 billion (Rs 40,700 crore) as aggregate dividend in 2016-17 and can additionally pay Rs 339 billion (Rs 33,900 crore). These companies held aggregate cash and cash equivalents of Rs 1.85 lakh crore as on March 31, 2017. The findings also come at a time when there are demands in certain quarters that companies should reward investors by way of higher dividends and buybacks. Of these 92 companies, the top four firms aggregate over 50 per cent of the total incremental dividend amount. Interestingly, all the four are from information technology …

MOBILE SUPER MARKETS ON GANGES

Kolkata-based company has firmed up plans to launch two mobile floating supermarkets that would cruise the river Hooghly and offer consumers a new shopping experience. Tirupati Vessel Ltd, a logistics company, will be spending Rs 100 crore for the venture. "The floating supermarkets would connect many cities and towns along the river and reach out to the masses with multi-brand products and services," Rajiv Agarwal, managing director of Tirupati Vancom said. Tirupati Vessel is a sister concern of Tirupati Vancom Pvt Ltd, which is one of the largest exporter of dry fly ash in India. The mobile supermarkets would be replete with shops, markets, cineplex and other modern amenities for entertainment and shopping, would move along the Hooghly and connect many cities and towns and reach out to the masses with multi-brand products and services, Agarwal said. He was speaking at the Bengal Global Business Summit (BGBS), the big-ticket investment meet of the state government, that con…

INDIAN STOCK MARKET REACH FURTHER HIGH

INDICES CLOSE @ ANOTHER NEW PEAKS

Markets continued their record- setting spree for the second straight day with BSE benchmark Sensex rising over 178 points to hit new closing high of 35,260.29 and Nifty ending above 10,800 for the first time, driven by a rally in banking counters. Upbeat sentiment got boost on reports that the government is considering raising the foreign investment ceiling in private banks to 100 per cent and in public sector lenders to 49 per cent, traders said. Banking stocks have been at the centre of brisk activity after the government yesterday lowered the additional borrowing requirement for the current fiscal to Rs 20,000 crore from Rs 50,000 crore estimated earlier. However, selling towards the fag-end, as investors took the money off the table at record levels, cut down session's gains. Sustained FII inflows and fresh spell of buying by domestic institutional investors kept the momentum going for Indian shares. Besides, optimism over encouraging Q3 earn…