MIDSESSION SUBDUED

ASTRO GUIDE FOR 27 & REVIEW

NIFTY              8683.25 (-83.40)

Nifty  opened lower and traded with downside bias for the entire day and traded choppy to close with a loss of about 1%. While Railway Budget appeared to be a non event for market, Derivative expiry weighed heavily as most stocks, particularly PSU Banks lost heavily in February Series. Unless Nifty closes above 8840, current down trend could continue. However, significant volatility can be expected in view of the forthcoming Budget. Nifty spot is expected to encounter resistance at 8725, 8765 and find support at 8645, 8610 for  Friday.     While Global cues, Quarterly results   and  Funds flow  are expected to broadly guide the market movement, based on the present market position, market can be expected to be generally subdued during midsession. However, some optimism can be expected in view of the beginning of new derivative series.

WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

SUDDEN & POSITIVE CHANGES...!!

Planetary Position ::  During the current week Moon would be transiting  from Aswini in Aries to Aardra in Gemini .   

Sun transits in  Sathabhisham in Aquarius.

Mercury   transits  in     Sravana in Capricorn.

Venus transits in     Uttarabhadra in Pisces.

Mars transits in  Uttarabhadra in Pisces.

Saturn transits in   Anuradha constellation in Scropio sign and in Libra Navamsa.

Jupiter , in retrograde motion from December 9^th   to 8^th April 2015, transits in  Cancer in Aslesha constellation in Capricorn Navamsa  .

Rahu and Ketu continue their transit in Virgo and Pisces respectively.

During the week fast moving planets and Jupiter make favourable aspects to Uranus, responsible for making sudden changes. As  many important economic events (Budget, Economic Survey, Rail Budget ) would take place, positive sentiment can be expected to prevail.

Further Range between Thursday and Friday of last week (19^th and 20^th February )could be kept  as Astro reference range for the next Three weeks and Nifty can be expected to be Bullish above the High and Bearish below the Low of the range. Hence Nifty can be expected to Bullish above 8915 and Bearish below 8790.   

Nifty Outlook for Next Week :: (23.02. 2015 to 28.02. 2015) …  

NIFTY :: 8834 (+28) (  Further Uptrend…!!!)

Nifty traded in a very narrow range in a truncated week (4 trading sessions) and closed with minor uptick for the week. However, followed by a truncated week, market would be entering an extended week (as market is open on Saturday due to Budget Presentation) with number of events set to take place. Most awaited event of year for market would be taking place on 28^th February. Budget session is very crucial for the market and the Government as it has to pass several bills including already promulgated ordinances. Coal mines e_auction could be termed as successful for the Government as Government would be expected garner additional resources. With Comfortable finances for the Government, where would be funds be deployed , whether in infrastructure or populist schemes? A big reform oriented budget is being expected and hope Government would deliver and expectations could be met.

Cautious optimism prevailed during last week and Nifty went up for Three days . Railway Budget could give a cue as to Government’s mindset towards reforms. Technically, Nifty can run up till Budget for a new high due to the optimism. Altenatively, it may not make a new high before budget but retrace and could go up / down steeply after the Budget on the strength of the proposals. In either case, long term trend is bullish and investors can accumulate quality stocks on dips while traders need to be highly careful. IT, Pharma and Private sector Banks are generally bullish while Metals, Public sector banks are clearly bearish. Infra and Realty stocks are generally bearish and could head higher depending on Budget. Further Coal mines auction could reduce the problems of power companies. Further, mining activity would pick up leading to a spurt in GDP in the coming quarters. Further, depending on the Budget, a rate cut too could be expected which would spur growth. But most of these factors appear to have been already factored in as Nifty is quoting at a PE of more than 23.50.

Budget proposals could facilitate positive environment for certain sectors with encouraging proposals. Further it is to be seen whether Delhi results would slow down reforms or not?

 Further monetary policy of RBI  too would depend on Budget proposals etc.,  Hence Budget proposals are the key for further market movement during the year.

However, there would be a lag between effort and the results and once corporate results improve confidence would further grow.

Nifty is quoting at a PE of about 23.62 which is around   25% above the long term PE multiple.  Nifty EPS fell after Q3 results and the EPS fell from 391 to 374  due to change in weightage of Nifty constituents. Nifty PE, though not in bubble zone, is indicating caution and earnings need to improve substantially over the next Two quarters  failing which a reversion to mean with a serious correction can not be ruled out.

Strong long term support would be around 7975, level and Medium term support is 8350. 

Technical Levels ::

Nifty spot is expected to be

Bullish above 8860 with resistance at 8930, 9000, 9050 and 9130

Bearish below 8810 with Supports at 8735, 8660, 8615, 8540.

Short term trend for Nifty is presently bullish and would continue to remain bullish as long as it holds above 8775 (on close basis).

Breakout level for the week is 8945,  and break down level for the week is 8760. 

Advice for Traders ::

Nifty consolidated at higher level and cautious optimism prevails in the market. There would be derivative expiry on the Thursday and a new series would commence from Friday. Nifty can be expected to be bullish as long as it holds 8775 (on close basis)., Further Scrip specific movement can be expected due to derivative expiry. Optimism can be expected till the Budget and market would hold if the expectations are met in the budget, failing which sector wise correction could set in.

CLOSING SESSION CRUCIAL

ASTRO GUIDE FOR 20 & REVIEW

Astro Info :: Moon transits in  Poorvabhadra in Aquarius .    

Tithi : Sukla Vidiya  ; Weekday:: Friday. 

Individuals born in Pisces and Cancer    signs and in Aswini, Makha and Moola     constellations    may remain cautious in their transactions.

Senstive time:: 10.35am; 11.40am; 1.10pm; 2.00pm; 3.00pm;

Nifty                               8895   +26
Market  Outlook for 20/02/2015 :: Dr B Amaranatha Sastry
Market Outlook for  Friday, 20th February, 2015  :: Closing Session Crucial ….!!!
Nifty  experienced a roller coaster ride by taking out both high and low of the previous day and finally closed in the positive territory due to huge buying in the closing session of the day. Stop loss for Nifty may be trailed to 8775 (on close basis).  Nifty spot is expected to encounter resistance at 8940, 8975 and find support at 8860, 8820 for  Friday.  Nifty is expected to encounter resistance around 8925. While lobal cues, Quarterly results   and  Funds flow  are expected to broadly guide the market movement, based on the present market position, market  is expected to trade in a zigzag manner with crucial  closing  session.
Trading strategy :: 

While Nifty’s close below 8775 only  would make it bearish, it is likely to encounter resistance around 8925 which if crossed convincingly only would go up further. For Friday, expect zigzag movements (around aforementioned sensitive timings) and closing session is crucial / sensitive.

Breakout / Break Down Levels::

Breakoutlevel  is 8943 and Breakdown level 8765 for Nifty spot for Friday .,  It is unlikely that both levels would be breached (under normal circumstances)., If Breakout level is breached., It is a Buy on Decline with Low as Stop loss and if Breakdown level is breached, It is a sell on rise with high as stop loss. Alternatively, if Nifty is unable to cross the Breakout level, short positions, can be considered with Breakout as stop loss and unable to breach the breakdown level, long positions can be considered with Breakdown level as stop loss.

Disclaimer ::  Above analysis  is based on planetary movements and is intended for guidance / educative purpose and traders are advised to be highly cautious with proper risk management mechanism as Trading is highly risky and not trade only based on the analysis given above.

Live Programme on 6TV by Dr B Amaranatha Sastry can be viewed between 8.30am to 9.00am during weekdays  or can be watched on Internet  http://in.yupptv.com/949/6tv (between 8.30am to 9.00am)

SENSEX UP 142 pts

Surging for the seventh straight session, the benchmark Sensex today gained over 142 points to close at 29,462.27 today boosted by sharp rise in metal shares after some firms won mines in ongoing coal block auction. Stocks of Jindal Steel Power zoomed over 25 per cent. Hindalco, Tata Power, Tata Steel and Sesa Sterlite rose in the range of 2-7 per cent. Rate-sensitive capital goods and realty shares also saw buying on hopes of rate cuts as inflation slowed. Participants continue to bet on a growth-oriented budget, brokers said. In volatile movements, the 30-share BSE Sensex opened on a strong footing but succumbed to profit-booking and stayed in the negative zone for a major part of the session. It hit the day's low of 29,108.15. However, a flurry of buying in the last 90 minutes boosted share prices and helped the Sensex rebound and hit a high of 29,522.86 before closing at 29,462.27 -- a net gain of 142.01 points, or 0.48 per cent. The bluechip gauge has now garnered 1,234.85 points in the seven straight sessions and is at three-week high levels. "Today's market activity was the best example of volatility ahead of the budget...our domestic news flow has also turned positive in terms of strong response to bidding of coal blocks," said Kotak Securities, head - Technical Research, Shrikant Chouhan. The wide-based NSE Nifty index rose by 26.20 points, or 0.30 per cent, to close at 8,895.30. Intra-day, it moved between 8,794.45 and 8,913.45. As many as 20 of the 30 Sensex stocks closed with gains. In the broader market, jewellery stocks such as PC Jeweller, Gitanjali Gems, Tribhuvandas Bhimji and Titan caught buyers' fancy after RBI relaxed gold import norms. Sectorwise, Metal index rose by 3.82 per cent, followed by the Capital Goods (1.36 per cent), Realty (1.06 per cent), Power (0.86 per cent) and IT (0.79 per cent) among others. Buying activity gathered momentum in small and mid-cap sector stocks as well. The BSE Smallcap index edged up by 0.10 per cent and midcap index gained 0.04 per cent. Foreigners bought shares worth a net Rs 2,187.96 crore yesterday as per provisional data from bourses.

EQUITY INVESTORS RICHER BY Rs 5.5 LAKH cr

Stock market investors became richer by Rs 5.5 lakh crore so far this year as the rally in equities boosted the valuation of all listed firms to Rs 103.88 lakh crore. Last year, market investors added a whopping Rs 28 lakh crore to their kitty where the valuation of all listed firms stood at Rs 98.36 lakh crore at the end of 2014.
The total market valuation of all listed firms at the BSE had hit a record high of Rs 100 trillion in November last year.
After rallying 30 per cent last year, the BSE Sensex has already advanced nearly 6 per cent so far in 2015 and now it is trading well above the crucial psychological level of 29,000.
Experts said that anticipating a reform-driven budget, the Sensex has rallied more than 1,600 points.
The benchmark Sensex has gained 1,636.46 points, or 5.95 per cent, to 29,135.88 so far this year. The index scaled its all-time high of 29,844.16 on January 30.
The rise in investor wealth is also on account of the continued surge in the number of listed firms. At present, the total number of listed companies stands at 5,595.
In 2014, the benchmark Sensex had gained 6,328.74 points or 30 per cent. This was the highest annual gain since 2009 when it had rallied by 7,817 points.
Next major event for the stock market is the Union Budget for 2015-16 which will be presented by Finance Minister Arun Jaitley on February 28. "We can expect volatility ahead of Budget outcome," said Rakesh Goyal, Senior Vice President, Bonanza Portfolio.
Investors are keenly waiting for the new government's first full-year budget, looking at it as a gauge to measure the reform momentum, an expert noted.
Meanwhile, in the stock market, TCS continued to remain the most valued firm as its market valuation stands at Rs 5,06,380.15 crore. TCS is followed by ITC, RIL, ONGC and HDFC Bank in the top five companies list. Overseas investors have infused more than Rs 43,000 crore (USD 7 billion) in Indian capital markets so far in 2015.

FORENOON BETTER

ASTRO GUIDE FOR 19 & REVIEW

Astro Info :: Moon transits in  Sathabhisham in Aquarius .    

Tithi : Sukla Padyami  ; Weekday:: Thursday. 

Individuals born in Pisces and Cancer    signs and in Aslesha, Jyeshta and Revathi    constellations    may remain cautious in their transactions.

]

Senstive time:: 11.40; 12.15pm;

Nifty                               8869   +60
Market Outlook for  Thursday, 19th February, 2015  :: Forenoon Better ….!!!
Nifty traded in the positive territory throughout the day and despite some profit booking at higher levels, closed with decent gains. Stop loss for Nifty may be trailed to 8750 (on close basis).  Nifty spot is expected to encounter resistance at 8910, 8950 and find support at 8830, 8800 for  Thursday.  Nifty is expected to encounter resistance around 8925. While Global cues, Quarterly results   and  Funds flow  are expected to broadly guide the market movement, based on the present market position, market  is expected to trade generally better in the forenoon and could encounter selling pressure in Second half of the day.
Trading strategy :: 

While Nifty’s close below 8750 only  would make it bearish, it is likely to encounter resistance around 8925 which if crossed convincingly only would go up further. For Thursday forenoon is better and Second half subdued. There would be loss of momentum if Nifty closes below 8910.,   Based on this and below mentioned levels, appropriate strategy suiting one’s risk profile may be designed.

Breakout / Break Down Levels::

Breakoutlevel  is 8913 and Breakdown level 8788 for Nifty spot for Thursday .,  It is unlikely that both levels would be breached (under normal circumstances)., If Breakout level is breached., It is a Buy on Decline with Low as Stop loss and if Breakdown level is breached, It is a sell on rise with high as stop loss. Alternatively, if Nifty is unable to cross the Breakout level, short positions, can be considered with Breakout as stop loss and unable to breach the breakdown level, long positions can be considered with Breakdown level as stop loss.

Disclaimer ::  Above analysis  is based on planetary movements and is intended for guidance / educative purpose and traders are advised to be highly cautious with proper risk management mechanism as Trading is highly risky and not trade only based on the analysis given above.

Live Programme on 6TV by Dr B Amaranatha Sastry can be viewed between 8.30am to 9.00am during weekdays  or can be watched on Internet  http://in.yupptv.com/949/6tv (between 8.30am to 9.00am)

BUY ON DECLINE...

WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

NIFTY @ 8806 (+145)

PLANETERY POSITION

During the current week Moon would be transiting  from Poorvashadha  in Sagittarius  to Poorvabhadra in Aquarius.  

Sun transits in  Dhanishta and Sathabhisham in Aquarius.

Mercury   transits  in      Uttarashadha and Sravana in Capricorn in direct motion. Market witnessed dual movement when it was in retro motion .

Venus transits in    Poorvabhadra  and Uttarabhadra in Pisces.

Mars transits in  Uttarabhadra in Pisces.

Saturn transits in   Anuradha constellation in Scropio sign and in Virgo Navamsa.

Jupiter , in retrograde motion from December 9^th   to 8^th April 2015, transits in  Cancer in Aslesha constellation in Capricorn Navamsa  .

Rahu and Ketu continue their transit in Virgo and Pisces respectively.

As mentioned in last week report, market bottomed out on Tuesday and is in uptrend for a Pre budget rally.

PREBUDGET RALLY 

Nifty has been behaving unusually in the new year with either continuous uptrend without any retracement or continuous downtrend without any pullback.  Nifty fell continuously for 7 trading sessions from 8952 to 8526 and had gone up for Four  days to close above 8800 mark. Markets ignore the event after it is out and same thing happened with Delhi results too. With another Eight trading sessions to go for Budget, whether the present bullish momentum would sustain or not is to be seen. Before the Budget, there would be Railway and Economic Survey which too would impact market movement.

Technically, Nifty can run up till Budget for a new high due to the optimism. Altenatively, it may not make a new high before budget but retrace and could go up / down steeply after the Budget on the strength of the proposals. In either case, long term trend is bullish and investors can accumulate quality stocks on dips while traders need to be highly careful. It, Pharma and Private sector Banks are generally bullish while Metals, Public sector banks are clearly bearish. Infra and Realty stocks are generally bearish.

Budget proposals could facilitate positive environment for certain sectors with encouraging proposals. Further it is to be seen whether Delhi results would slow down reforms or not?

Further monetary policy of RBI  too would depend on Budget proposals etc.,  Hence Budget proposals are the key for further market movement during the year.

However, there would be a lag between effort and the results and once corporate results improve confidence would further grow.

As First full fledged budget of the new Government is less than Three weeks away,  optimism can be expected before Budget . Any further correction relative to recent rise can be considered as an opportunity to Buy.  End of correction could coincide with Delhi election results.

20DMA, 50DMA, 100DMA and 200 DMA are placed at about 8730, 8460, 8320 and 7925 respectively and would

act as supports / resistances. Nifty is above all averages .

Nifty continues to be above 200 DMA and 50 DMA too is above 200 DMA (Golden Cross) suggesting that the

long term bullish trend is intact.   Nifty is quoting at a PE of about 23.31 which is around   25% above the long term PE multiple.  Nifty EPS fell after Q3 results and the EPS fell from 391 to 378  due to change in weightage of Nifty constituents. Nifty PE, though not in bubble zone, is indicating caution and earnings need to improve substantially over the next Two quarters  failing which a reversion to mean with a serious correction can not be ruled out.

Strong long term support would be around 7925 and Medium term support is 8350. 

Technical Levels ::

For the coming week, Nifty spot is expected to be Bullish above 8830 with

resistance at 8915, 9000, 9050 and 9130 and is expected to Bearish below 8780 with Supports at 8695, 8615, 8560, 8480.

Short term trend for Nifty is presently bullish and would continue to remain bullish as long as it holds above 8650.

Breakout level for the week is 8910,  and break down level for the week is 8380. 

Advice for Traders ::

Market went up smartly from lower levels despite BJP’s debacle in Delhi elections as Market usually reacts more before the news and less after the event. Pre Budget rally appears to have begun and the short term trend is in sync with long term trend. A clear case of “Buy on Decline” with 8650 as stop loss can be considered and stop loss can be trailed progressively.

Weekly Open level is very important for the entire week.
Short positions may be avoided as long as it maintains / closes above
Weekly open and vice versa

EQUITY SCHEMES STOLE THE SHOW

The contribution of equity oriented schemes in mutual funds asset base has increased to 30 per cent over the last nine months of the current fiscal on the back of a sharp rally in stock markets. "The share of equity-oriented schemes in mutual fund assets has been growing since March 2014, increasing from 22 per cent to 30 per cent in December 2014," shows latest data from Association of Mutual Funds in India (AMFI). However, the proportionate share of debt-oriented schemes has fallen from 52 per cent to 45 per cent during the same period. Together, all 45 mutual fund houses manage assets worth over Rs 11 lakh crore. The increased share in equity schemes is in line with the BSE's benchmark Sensex growing by 23 per cent during the April-December period of the current fiscal. Industry experts said continuous inflows into the equity schemes, driven by the positive performance of stock markets, helped mutual fund managers increase their share from equity oriented schemes. They said the drop in debt fund assets was largely due to the change in taxation structure of such funds. Mutual Funds (MFs) collect funds from various investors for investing in securities such as stocks, bonds, money market instruments and similar assets. Individual investors increased their investment in mutual funds from Rs 3.99 lakh crore in March last year to Rs 5.25 lakh crore in December 2014. Institutional assets grew from Rs 5.04 lakh crore to Rs 6.09 lakh crore. Assets managed by the mutual fund industry have grown from Rs 9.02 lakh crore in March last year to Rs 11.34 lakh crore in December 2014.

BUY ON DECLINE

ASTRO GUIDE FOR 13 & REVIEW

Astro Info :: Moon transits in  Anuradha  in  Scorpio .   

Tithi : Bahula Navami ; Weekday:: Friday. 

Individuals born in Sagittarius and Aries    signs and in Bharani, Pubba and Poorvashadha     constellations    may remain cautious in their transactions

Senstive time:: 11.55; 12.55pm;

Nifty                               8712   +85
Market traded in a zigzag fashion in the forenoon and recovered smartly in the Second half due to global cues (after Ukraine Ceasefire) and ended with a gain of about 1% and above 8700 mark. Thursday’s move signals the end of short term bearishness and “Pre budget Rally” seems to have begun and a case of Buy on Decline with 8550 as Stop Loss. Nifty spot is expected to encounter resistance at 8755, 8790 and find support at 8675, 8635 for  Friday.   While Global cues, Quarterly results   and  Funds flow  are expected to broadly guide the market movement, based on the present market position, market  is expected to trade in a zigzag manner and any intraday fall is an opportunity to Buy.
Trading strategy :: 

Nifty becomes clearly bullish and any fall is an opportunity to Buy. Buy on Decline with yesterday’s low or 8630 as stop loss.

Breakout / Break Down Levels::

Breakoutlevel  is 8766 and Breakdown level 8565 for Nifty spot for Friday .,  It is unlikely that both levels would be breached (under normal circumstances)., If Breakout level is breached., It is a Buy on Decline with Low as Stop loss and if Breakdown level is breached, It is a sell on rise with high as stop loss. Alternatively, if Nifty is unable to cross the Breakout level, short positions, can be considered with Breakout as stop loss and unable to breach the breakdown level, long positions can be considered with Breakdown level as stop loss.

Disclaimer ::  Above analysis  is based on planetary movements and is intended for guidance / educative purpose and traders are advised to be highly cautious with proper risk management mechanism as Trading is highly risky and not trade only based on the analysis given above.

Live Programme on 6TV by Dr B Amaranatha Sastry can be viewed between 8.30am to 9.00am during weekdays  or can be watched on Internet  http://in.yupptv.com/949/6tv (between 8.30am to 9.00am)

MARKET AGAIN BULLISH

Rising for the third straight session, the benchmark Sensex today gained 271 points to end at 28,805.10 and the Nifty index reclaimed 8,700-mark by jumping 84 points on a flurry of late buying in anticipation of positive retail inflation and IIP data. A good showing by Europe also influenced trading, brokers said, adding that global investors lapped up a dose of monetary stimulus from Sweden's central bank and reports that Russia and Ukraine have agreed a ceasefire will take place. In domestic stocks, all the sectoral indices, barring FMCG sector, closed in the positive terrain with capital goods, power and IT sectors leading the rally. The Sensex resumed higher at 28,650.25 and hovered in a wide range of 28,838.52 and 28,406.25 before ending at 28,805.10, showing a gain of 271.13 points of 0.95 per cent. It has now gained by 577.71 points or 2.05 per cent in 3 days. Similraly, the CNX 50-share Nifty rose by 84.15 points, or 0.98 per cent, to end at 8,711.55. In key earnings, Hindalco Industries reported 7.5 per cent rise in net profit for the third quarter. Its shares ended higher by 2 per cent. "After trading range bound for most part of the session, sudden surge in last hour helped index to end with decent gains on Thursday. It seems participants bought stocks in anticipation of strong macro-economic data of IIP and CPI inflation, which is scheduled post market," said Religare Securities, President-retail distribution, Jayant Manglik. Sentiments were buoyed by the Finance Minister Arun Jaitley's statement that the defeat in Delhi polls will not slow down the pace of economic reforms and optimism over the forthcoming Budget.

GOLD DEMAND DIPS

Gold demand in India declined 14 per cent to 842.7 tonnes in 2014 as compared to the previous year, mainly due to government policies putting restrictions on imports, according to the World Gold Council (WGC). The overall demand stood at 974.8 tonnes in 2013, says WGC 'Gold Demand Trend 2014' report. In value terms, the precious metal's demand dipped by 19 per cent to Rs 208,979.2 crore in 2014 as compared to Rs 257,211.4 crore in 2013, it said. The total jewellery demand in India for 2014 was up by eight per cent at 662.1 tonnes as compared to 612.7 tonnes in 2013. In value terms, jewellery demand in 2014 was Rs 208,979.2 crore, a fall of 19 per cent from Rs 257,211.4 crore in 2013. Total imports stood at 769 tonnes, including grey market, as compared to 825 tonnes in 2013. "The grey market gold supply was around 175 tonnes. If there are relaxation in policy, duty cuts and transparent pricing this year, the grey market supply of gold will be significantly reduced," World Gold Council Managing Director, India, Somasundaram PR told PTI here. Total investment demand for 2014 was down by 50 per cent at 180.6 tonnes as compared to 362.1 tonnes in 2013. In value terms, gold investment demand saw a fall of 53 per cent at Rs 44,847.1 crore from Rs 95,460.8 crore in 2013, the report said. "The investment demand declined mainly due to government policies that led to jewellers not selling bars and coins," Somasundaram said. Total gold recycled in India also declined by 23.5 per cent in 2014 to 77.1 tonnes as compared to 100.8 tonnes in 2013. Softer prices, which remained stable in 2014, provided less incentive to sell the precious metal, Somasundaram said. "India's overall gold demand was slightly lower in 2014, which is not surprising given the crippling restrictions on imports in place for most of the year. This had the biggest impact on investment demand. "In contrast, festival buying, bridal demand and a general upswing in economic sentiment led to eight per cent growth in demand for jewellery - a record high from 2013. "The year also saw high levels of smuggling as a direct result of supply curbs on the Indian gold market," Somasundaram said.

CRUCIAL DAY

ASTRO GUIDE FOR 12 & REVIEW

Astro Info :: Moon transits in  Visakha  in Libra and Scorpio .   

Tithi : Bahula Ashtami ; Weekday:: Thursday. 

Individuals born in Scorpio and Pisces    signs and in Aswini Makha and Moola    constellations    may remain cautious in their transactions.

Senstive time:: 9.20am; 11.00am; 12.25pm.,;

Nifty                               8627   +62

Market Outlook for  Thursday, 12th February, 2015  :: Crucial Day….!!!

Market traded in the positive zone through out the day and gained for the Second day in succession and closed above 8600. Nifty would get out of short term bearishness if it closes above 8660. Nifty spot is expected to encounter resistance at 8670, 8705 and find support at 8590, 8555 for  Thursday.   While Global cues, Quarterly results   and  Funds flow  are expected to broadly guide the market movement, based on the present market position, market  is expected to trade in a zigzag manner in the fore noon session.

Thursday’s closing is important as short term trend could reverse on a close above 8660.
Trading strategy :: 

Today’s session is crucial as whether it would close above 8660 and reverse short term trend or would fall again from high levels to retest the low. Caution at higher levels is advised. Below mentioned Breakout and Break down levels too might be watched closely  as one of the levels only could be breached signaling the trend.

Breakout / Break Down Levels::

Breakoutlevel  is 8667 and Breakdown level 8579 for Nifty spot for Thursday .,  It is unlikely that both levels would be breached (under normal circumstances)., If Breakout level is breached., It is a Buy on Decline with Low as Stop loss and if Breakdown level is breached, It is a sell on rise with high as stop loss. Alternatively, if Nifty is unable to cross the Breakout level, short positions, can be considered with Breakout as stop loss and unable to breach the breakdown level, long positions can be considered with Breakdown level as stop loss.

Disclaimer ::  Above analysis  is based on planetary movements and is intended for guidance / educative purpose and traders are advised to be highly cautious with proper risk management mechanism as Trading is highly risky and not trade only based on the analysis given above.

Live Programme on 6TV by Dr B Amaranatha Sastry can be viewed between 8.30am to 9.00am during weekdays  or can be watched on Internet  http://in.yupptv.com/949/6tv (between 8.30am to 9.00am)

BANKING CUSTOMERS...BE ALERT

Cyber security sleuths have alerted e-banking users in the country against the infectious and destructive activity of a "worm" virus which attacks and steals personal login secrets and passwords of an individual. The virus, of the deadly Trojan variant, has been identified and named as 'Cridex' and is considered notorious as it can assume as many as six aliases to perpetrate its activities. "It has been observed that the new variants of Cridex malware are spreading widely. Cridex is an information stealing e-banking Trojan that propagates via removable drives and targets users of online banking/social media for stealing user name, passwords among others," the Computer Emergency Response Team of India (CERT-In) said in its latest advisory to e-banking users in the country. The CERT-In is the nodal agency to combat hacking, phishing and to fortify security-related defences of the Indian Internet domain. The virus spreads by simultaneously opening a backdoor for downloading a number of malicious files once it enters a user's personal Internet working stream. "Like the other major banking Trojans, the malware performs web injects into the HTML pages of financial institutions contained in the configuration file. The malware routes the users to fake banking sites for divulging user information and subsequently connects to the bank site from the victim IP address by bypassing IP reputation blocking," the agency said in its alert. Some of the identified aliases of this banking virus are 'Geodo', 'Dapato', 'W32/Kryptik.BVB', 'Worm.Win32.Cridex', 'PWS:Win32/Zbot' and 'Trojan.Gen.2' and can be noticed by these names when they appear online. The agency said, once activated, the virus targets and steals login credentials of various banks and social networking sites like Facebook, Twitter and Instagram among others. The anti-sabotage cyber agency has also recommended some counter-measures for the users to deploy in their personal computers and Internet-enabled devices from where they perform their e-operations and online banking jobs. "Enable firewall at desktop and gateway level, keep up-to-date patches and fixes on the operating system and application software as well as anti-virus and anti-spyware signatures at entry points," it said. It also suggested users to update and install the latest updates and softwares to protect computer from viruses, Trojans, guard against social engineering attacks, usage of strong passwords, limiting user privileges, exercising caution while opening attachments to emails received from known or unknown sources and avoiding downloading of pirated software.

KIRTILAL's LAUNCH MULTIFUNCTIONAL VERSATILE JEWELLERY

Wooing the new age consumers, Kirtilals, a premium fine diamond and gold jewellery brand, today launched multifunctional versatile jewellery to match any outfit or style. A ring can be turned into a bracelet, or a pendent can transform into a pair of dangling earrings or a striking bracelet, Muruganandam, Store Operations Manager, Kirtilals, said launching the collection.
The new collections, starting from Rs 15,000, emphasises the design elements and multi functionality of the jewellery that would match different outfits.
The entire range of collection will be economical since customers don't have to buy a separate matching pendant or stud with their jewellery.
"The market is now evolving, besides gold jewellery, the new age customers are open to unconventional jewellery and designs. To attract this segment of our customers, we are launching the versatile collection, where the customers can easily transform one jewellery into individual pieces of jewellery", he said.
Moreover the jewellery is light weight with minimal prong thickness, which reduces the weight of the jewellery and makes it more affordable, he said.

CLOSING SESSION SENSITIVE

ASTRO GUIDE FOR 10 & REVIEW

Astro Info :: Moon transits in Chitta and Swathi in Libra .

Tithi : Bahula Shashti ; Weekday:: Tuesday.

Individuals born in Scorpio and Pisces signs and in Pushyami, Anuradha and Uttarabhadra constellations may remain cautious in their transactions.

Nifty Range of Thursday and Friday(Combined High and Low of these Two days i.e., 22 and 23 January) may be regarded as the reference range for the next Three weeks and can be expected to be bullish above the High of this range and Bearish below the low of this range. Now the range is  8866 and 8727 and Hence further bullish above 8866 and Bearish below 8727 and neutral in between these levels.

Nifty had traded below 8727 during the last Two days and target of about 8600 opens up., Nifty has breached 8600 Hence Downside target reached.

Senstive time:: 10.15am; 12.00pm; 2.00pm;

Nifty                               8526   -135
REVIEW
Nifty opened with a down gap due to Delhi exit poll results and fell once again sharply in the closing hour to end with a loss of 135 points, recording Seventh successive Down day for markets. Stop loss for Nifty’s short positions may be maintained at 8775 (on close basis). Nifty spot is expected to encounter resistance at 8565, 8600 and find support at 8485, 8450 for  Tuesday.   While Global cues, Quarterly results   and  Funds flow  are expected to broadly guide the market movement, based on the present market position, market  is expected to trade in a zigzag manner with bearish bias and closing session could be sensitive. Further strong weekly support is seen around 8450.
Further, Delhi Election outcome would weigh heavily on the market sentiment till the declaration of results.
Trading strategy ::

Over all trend is Bearish and is getting into oversold zone.  Nifty can be expected to find strong support around 8450. Hence fresh shorts between 8450 and 8500 might not be considered.

Hence , only intraday shorts if Nifty trades below Open level in the opening session / below ATP in the afternoon session may be considered with suitable stop loss.

Breakout / Break Down Levels::

Breakoutlevel  is 8628 and Breakdown level 8494 for Nifty spot for Tuesday .,  It is unlikely that both levels would be breached., If Breakout level is breached., It is a Buy on Decline with Low as Stop loss and if Breakdown level is breached, It is a sell on rise with high as stop loss. Alternatively, if Nifty is unable to cross the Breakout level, short positions, can be considered with Breakout as stop loss and unable to breach the breakdown level, long positions can be considered with Breakdown level as stop loss.

Disclaimer :: Above analysis  is based on planetary movements and is intended for guidance / educative purpose and traders are advised to be highly cautious with proper risk management mechanism as Trading is highly risky and not trade only based on the analysis given above.

Live Programme on 6TV by Dr B Amaranatha Sastry can be viewed between 8.30am to 9.00am during weekdays  or can be watched on Internet  http://in.yupptv.com/949/6tv (between 8.30am to 9.00am)

SENSEX TANKS 490 pts

Markets today slumped for the seventh straight day, its longest losing streak in 15 months, with Sensex losing over 490 points to end at about three-week low on exit polls showing that the BJP may not be able to form government in Delhi. Besides, the rupee depreciated against the dollar to over three-week low of 62.20 (intra-day) on sustained capital outflows which dampened market sentiments. The BSE Sensex, after opening lower at 28,566.50, continued to slide on selling pressure in bluechip companies, forcing the Sensex to touch a low of 28,183.32 before settling lower by 490.52, or 1.71 per cent, to close at 28,227.39. This is its weakest closing since January 16. As many as 24 stocks closed with losses, including L&T, GAIL, Cipla, SBI, M&M, Bharti Airtel, Tata Motors, Maruti Suzuki, ICICI Bank, TCS, Axis Bank, Hero MotoCorp, RIL, BHEL, HDFC Bank, ITC Ltd, Coal India, NTPC and HDFC Ltd. However, Dr Reddy, Bajaj Auto, Sun Pharma, ONGC, Wipro and Infosys were among the Sensex gainers. The 50-share NSE Nifty dipped below the psychological 8,600-mark by tumbling 134.70 points, or 1.56 per cent, to close at 8,526.35. Foreign funds continued to remain net sellers on domestic bourses which weighed on the sentiment and added to selling, equity brokers said. Disappointing corporate earnings and caution ahead of GDP data for December quarter also cast shadow on the trading sentiments, they said. Meanwhile, FPIs sold shares worth Rs 96.45 crore on last Friday, as per the provisional data. Among others, Tata Power fell by 2.44 per cent and Reliance Power closed 5.59 per cent lower on fresh round of selling pressure on fears that the new government in Delhi may again lower power tariffs. Mixed trend at other Asian markets and a weak opening at European markets also weighed on sentiments here.

30 CRORE PEOPLE IN EXTREME POVERTY

About 30 crore people still live in extreme poverty in India even as the Millennium Development Goal (MGD) programme will expire in December, a United Nations report has said.
"Still nearly 300 million people live in extreme poverty in India and face deprivation in terms of access to basic services, including education, health, water, sanitation and electricity," the report -- India and the MGDs: Completing the Task -- said.
India, which has a population of over 125 crore, adopted the United Nation's MGD in 2000 with an aim to free millions from extreme poverty and hunger, illiteracy, poor health.
The eight-point MGD among others targets promotion of gender equality and women empowerment, reducing child mortality, improve maternal health, combating HIV/AIDS and environmental sustainability. "India has made a great progress on MGDs, but there is no room for complacency, because there are gaps relative to the goals and targets. "There are enough opportunities and there is a lot of scope to catch up, and it is critical that by the end of the year when the MGD expires, we really accelerate momentum during this year so that we start the Sustainable Development Goal (SDG) agenda," said Shamshad Akhtar, UN Under Secretary General and Executive Secretary UN Economic and Social Commission for Asia and Pacific (ESCAP). India has an opportunity to become a leader in sustainable development. It has achieved the poverty reduction target, but the progress is uneven, said the report. "Being home to one-sixth of the world's population, the world is not going to achieve the SDGs if India does not (achieve them)," Akhtar said. After MGD expiry, the UN will begin its SDG programme. India has halved incidence of poverty from 1990s. Still over 27 crore people in 2012 remained in extreme poverty, making the post-2015 goal of eliminating extreme poverty by 2030 challenging, but feasible, it said.
It is significant that countries across the globe have made social development a public policy through MGD, said TCA Anant, Secretary, Ministry of Statistics and Planning and Chief Statistician. "We ourselves bring our report. From our report I can say that we have achieved progress on number of indicators," he added. Seeing MGD an opportunity, he said, it allows India to sharpen its capability of data mining. "We realised we faced enormous challenges in our capabilities to measure. There are many indicators in the goal on which we still have limited information," said Anant.

FOREX RESERVES @ RECORD HIGH

India's foreign exchange reserves surged by USD 5.84 billion to touch a fresh life-time high of USD 327.88 billion in the week to January 30, the Reserve Bank today. In the previous reporting week, the reserves had declined marginally by USD 97.9 million to USD 322.037 billion. The previous record high was USD 322.13 billion recorded for the week ended January 16. The increase in reserves was on account of higher foreign currency assets (FCAs), which forms a major constituent of overall reserves. In the reporting week, FCA rose by USD 5.814 billion to USD 303.325 billion, Reserve Bank data showed. FCAs, expressed in dollar terms, include the effect of appreciation and depreciation of non-US currencies such as euro, pound and yen held in reserves. The Reserve Bank of India (RBI) earlier this week had said there was accretion to the country's foreign exchange reserves to the tune of USD 6.8 billion in third quarter of FY15. The country's gold reserves remained unchanged at USD 19.377 billion. Special drawing rights increased by USD 24.6 million to USD 4.072 billion, while India's reserve position with the IMF was up by USD 6.8 million to USD 1.108 billion during the week, the data showed.

WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

Mercury to Turn Direct fom 12^th  …. Market too ???

Planetary Position ::  During the current week Moon would be transiting  from Hastha in Virgo to Anuradha in Scorpio.

Sun transits in  Dhanishta  in   Capricorn and moves to Aquarius towards weekend.

Mercury   transits  in      Uttarashadha constellation in  Capricorn and  in Retrograde motion from 21.1.15 night till 11.2.15.  There could be review of decisions taken during Mercury retro period and information / statistics could be unreliable. Mercury Retro period indicates dual movement During Mercury Retro period, Market had gone up smartly in First half of Mercury retro period and started making a U turn in Second half as it is to have dual movement and continued its reversal through out last week. Mercury would turn Direct during the week from 11^th night and market too could turn Direct…!!!

Venus transits in    Poorvabhadra   in   Aquarius.

Mars transits in  Aquarius, an airy sign, and transits in  Poorvabhadra in Aquarius and would move to Pisces towards weekend.

Saturn transits in  Scorpio  in Anuradha in Virgo Navamsa.

Jupiter , in retrograde motion from December 9^th   to 8^th April 2015, transits in  Cancer in Aslesha constellation in Capricorn Navamsa  .

Rahu and Ketu continue their transit in Virgo and Pisces respectively.

Second half of Mercury retrograde turned out to be a reversal for markets. Mercury retro would end on Tuesday and Delhi Election results would be declared on 11^th.  Market could bottom out around Tuesday and could prepare for a Budget rally thereafter.

Nifty Outlook for Next Week :: (09.02. 2015 to 13.02. 2015) …  

NIFTY :: 8661 (- 148) (  Delhi Election Results to have Bearing on Market Movement .… )

In an unusual week, Nifty fell on all the Five trading sessions and market more than 1.50%. Barring on Thursday, when Nifty rose about 100 points during the day, it was Bears who were in control during the week. Despite positive global cues, Nifty’s fall indicates nervousness ahead of crucial Delhi polls and possible negative outcome (as per some opinion polls) for the BJP.  However, once results are declared, stage would be set for the next Big event ie., Union Budget etc., In case BJP loses Delhi, market would perceive negatively as the Government can not go bold with reforms etc and may have to toe pro poor policies keeping other upcoming State elections.  While the short term correction is undertway, medium and long term trend is Bullish and Budget is expected to announce further Reforms and market can be expected to rebound from the ongoing correction.

Further monetary policy of RBI  too would depend on Budget proposals etc.,  Hence Budget proposals are the key for further market movement during the year.

Once GST becomes realty, most of the bottlenecks in interstate trade would be removed and there would be ease of doing business with proposed changes and would attract consider investment into the country and would further drive the markets.

However, there would be a lag between effort and the results and once corporate results improve confidence would further grow.

As First full fledged budget of the new Government is less than Three weeks away,  optimism can be expected before Budget . Any further correction relative to recent rise can be considered as an opportunity to Buy.  End of correction could coincide with Delhi election results.

20DMA, 50DMA, 100DMA and 200 DMA are placed at about 8650, 8450, 8290 and 7875 respectively and would

act as supports / resistances. Nifty is above all averages .

Nifty continues to be above 200 DMA and 50 DMA too is above 200 DMA (Golden Cross) suggesting that the long term bullish trend is intact.   Nifty is quoting at a PE of about 22.44 which is more than  20% above the long term PE multiple. Q3 results did not contribute positively to the EPS and EPS fell from 391 to 386  due to change in weightage of Nifty constituents. Nifty PE, though not in bubble zone, is indicating caution and earnings need to improve over the next Two quarters drastically failing which a reversion to mean is possible. 

Strong long term support would be around 7875

level and Medium term support is 8300. 

Technical Levels ::

For the coming week, Nifty spot is expected to be Bullish above 8675 with

resistance at 8725, 8770, 8795, 8845 and is expected to Bearish below 8645 with Supports at 8600, 8555, 8525, 8475.

Short term trend for Nifty is presently bearish which would be confirmed if it closes above 8825.

Breakout level for the week is 8890,  and break down level for the week is 8595. Further, there is strong support for Nifty spot around 8450 and could take support around that level, in case of steep fall.

Advice for Traders ::

Bears tightened their grip last week as Nifty had fallen on all the Five trading sessions. Absence of FII buying and nervousness ahead of crucial Delhi election appear to have triggered the fall. Delhi Election results would hold the key for this week. If BJP wins, market could shoot up, failing which there could be a considerable fall before it could bounce back. In any case, Fall is an opportunity as market could run up later ahead of full fledged Finance Bill presentation towards month end.

Weekly Open level is very important for the entire week.
Short positions may be avoided as long as it maintains / closes above
Weekly open and vice versa

MF ASSET BASE @ RECORD HIGH

The mutual fund industry's assets under management (AUM) climbed to record high of nearly Rs 12 lakh crore in January on the back of strong capital inflows and surge in equity markets.
The country's 45 fund houses together had an average AUM of Rs 11,81,356 crore at the end of January 31, up from Rs 10,51,343 crore in December-end, according to the data by Association of Mutual Funds in India (AMFI).
In November, mutual funds assets base stood at Rs 10.90 lakh crore. The AUM data for individual fund house is not being disclosed.
Mutual fund is an investment vehicle that is made up of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments and similar assets.
Industry experts said the monthly rise in AUM is largely on account of gains in equity markets and strong capital inflows. Besides, retail participation in equity schemes has increased significantly during the recent months.
The fund houses together witnessed an inflow of more than Rs 1 lakh crore. During the month, BSE's benchmark Sensex grew by over 1,683 points or nearly 6 per cent.
The share of equity oriented schemes in mutual fund assets has been growing since March 2014, increasing from 22 per cent to 30 per cent in December 2014.
The proportionate share of debt-oriented schemes has fallen from 52 per cent to 45 per cent during the same period.

SENSEXS ENDS THE WEEK ON WEAKNOTE

The benchmark Sensex today extended its losing streak for the sixth session in a row, slipping by 133.06 points and logging its worst week in two months due to poor bluechip earnings coupled with uncertainty in view of Delhi assembly polls. Sustained foreign capital outflows and mixed global cues also affected trading sentiment, said stock market dealers. Shares of auto, healthcare, banking, power, oil & gas and consumer durable were among the major laggards of the day. The BSE Sensex resumed higher at 28,892.21 and firmed up further to a high of 28,922.85 on initial buying. However, it declined afterwards to 28,647.14 before concluding at 28,717.91, logging a net loss of 133.06 points or 0.46 per cent, from Thursday's close. On a weekly basis, the Sensex lost 465.04 points. This is its biggest weekly drop since the week ending December 12, 2014 when it had plunged by 1,107.42 points. "Tata Motors dropped post weak Q3 results and other auto stocks also showed weak trend. Cement stocks were also among major losers. Weak global cues and speculation ahead of Delhi assembly elections led to further fall on the bourses," said Bonanza Portfolio, Associate Fund Manager, Hiren Dhakan. The CNX 50-share Nifty also fell by 50.65 points or 0.58 per cent to below the 8,700-mark at 8,661.05. Asian stock markets ended mixed ahead of the closely- watched US jobs report. Key indices in Japan, Singapore and South Korea moved up by 0.14 per cent to 0.82 per cent while the indices in China, Hong Kong and Taiwan finished lower by 0.35 per cent to 1.93 per cent. European stocks were trading lower after reports of disappointing German industrial production and as concerns mounted over Greece's future in the euro zone. Key benchmark indices in Germany, France and the UK were off by 0.42 per cent to 0.85 per cent. Foreign Portfolio Investors sold Indian shares worth a net Rs 27.43 crore yesterday, as per provisional data.

SELL ON RISE

ASTRO GUIDE FOR 05 & REVIEW

Astro Info :: Moon transits in  Makha in Leo

Tithi : Bahula Vidiya ; Weekday:: Thursday. 

Individuals born in Virgo and Capricorn    signs and in Rohini, Hastha and Sravana    constellations    may remain cautious in their transactions.

Nifty Range of Thursday and Friday(Combined High and Low of these Two days i.e., 22 and 23 January) may be regarded as the reference range for the next Three weeks and can be expected to be bullish above the High of this range and Bearish below the low of this range. Now the range is  8866 and 8727 and Hence further bullish above 8866 and Bearish below 8727 and neutral in between these levels.

Nifty closed below 8727 on 4^th February and can be expected to test 8600 in due course.

Senstive time:: 1030 to 11.20am; 12.45pm; ;

Market Outlook for  Thursday, 05th February, 2015  :: Sell on Rise ….!!!
Nifty                               8724   -33
Nifty traded in a choppy manner  and fell sharply towards close to record 4^th session of Nifty’s loss.  Stop loss for Nifty’s short positions may be trailed to 8850 (on close basis). Nifty spot is expected to encounter resistance at 8760, 8795 and find support at 8675, 8640 for  Thursday.   While Global cues, Quarterly results   and  Funds flow  are expected to broadly guide the market movement, based on the present market position, market  is expected to trade in a zigzag manner with bearish bias. Hence any intraday rise may be utilized to Sell. Further, Delhi Election outcome would weigh heavily on the market sentiment till the declaration of results.

Trading strategy ::

In view of general bearishness and steady downward movement expected, Short positions can be considered below the Open Level after 9.45 with High as SL to be maintained by trailing the Stop loss and close when reasonable profit is earned.

Breakout / Break Down Levels::

Breakoutlevel  is 8815and Breakdown level 8682 for Nifty spot for Thursday .,  It is unlikely that both levels would be breached., If Breakout level is breached., It is a Buy on Decline with Low as Stop loss and if Breakdown level is breached, It is a sell on rise with high as stop loss. Alternatively, if Nifty is unable to cross the Breakout level, short positions, can be considered with Breakout as stop loss and unable to breach the breakdown level, long positions can be considered with Breakdown level as stop loss.

Disclaimer ::  Above analysis  is based on planetary movements and is intended for guidance / educative purpose and traders are advised to be highly cautious with proper risk management mechanism as Trading is highly risky and not trade only based on the analysis given above.

Live Programme on 6TV by Dr B Amaranatha Sastry can be viewed between 8.30am to 9.00am during weekdays  or can be watched on Internet  http://in.yupptv.com/949/6tv (during 8.30am to 9.00am)

SENSEX GO DOWN 29000

Extending losses for the fourth straight day, the benchmark BSE Sensex today fell over 117 points to slip below the 29,000-mark after nearly two weeks as funds and retail investors indulged in profit-booking amid mixed global cues. After surging to 29,133.62 points at the outset on emergence of buying, the Sensex fell and touched the day's low of 28,824.68 before ending 117.03 points, or 0.40 per cent, lower at 28,883.11. Major losers that pulled down the Sensex and Nifty were Axis bank, BHEL, SBI, L&T, Tata Motors, TCS, Maruti, Hindustan Unilver, RIL, and Bharti Airtel. The 30-share index has lost 798.66 points in the last four sessions. Similarly, the National Stock Exchange index Nifty slipped by 32.85 points, or 0.38 per cent, to close at 8,723.70. It hovered in a range of 8,792.85 and 8,704.40. Sectorwise, the BSE Banking index fell by 1.23 per cent as RBI kept interest rates unchanged. In other sectoral indices, BSE capital goods index fell 1.88 per cent, followed by power (1.14 per cent), consumer durable (1.12 per cent), auto (1.09 per cent), FMCG (0.51 per cent) and IT (0.20 per cent). In the 30-share Sensex constituents, 16 ended lower and 14 closed with gains, helping the benchmark indices trim losses. Brokers said sustained selling by participants in bluechip stocks and a lower opening in European markets and mixed trend in other Asian markets led to the fall. Meanwhile, Foreign Portfolio Investors sold shares worth a net Rs 264.35 crore yesterday.