ASTRO TECHNICAL GUIDE FOR NIFTY

 for 01, February 2017

Budget Proposals hold the Key

Tithi ::Magha Sukla Panchami

Nakshatra : Uttarabhadra

Persons born in Bharani, Pubba and Poorvashadha constellations  and those born in Aries and Leo are advised to be alert in their dealings.

Sensitive / Trend change Timings :10.26AM;  3.05PM;

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open steady / Subdued  and remain subdued particularly frim 12 PM to 2 PM and could be relatively better thereafter.

Astro Technical Trading Strategy...

If Nifty Fut. Trades below ATP by12 PM , Short Positions can be taken with suitable   SL, and such positions can be closed by about 2.00PM.  If Nifty Fut trades above the  ATP by about 2.15 PM, Long    Positions can be taken with Suitable SL and such positions can be closed by about end of the day.

Technical Levels...

Resistance : 8600, 8640 Support : 8520, 8485 

-------------------------------

- 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, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto  Bearish trigger level / other support levels.

- Intraday trend given above is relative and based purely on the basis of planetary positions / aspects and needs to be understood and and astrological portion given above should be considered together and applied for taking proper trading decisions.

-------------------------------

Disclaimer :  Intraday trading is risky and Astro guidance is to be depending on intraday movements . applied depending on the real time market movement.  used as an additional tool in addition to technicals and adapted  Technical portion. Loss / Gain in market depends on Individual natal chart.  Creator only knows what is going to happen and astrologer can only indicate what is likely to happen.

Investment decisions made on the above analysis would be at your own risk and I take no responsibility for your decisions based on the above analysis.'

Trade only with stop loss..

Stay Disciplined for Successful Trading and Investing..

WOMEN POWER IN BUDGET MAKING

Showing greater contribution to Budget making exercise, women officers account for 41 per cent of senior level personnel involved in the process this year and are handling 52 per cent of the overall budget-related work of the government.
According to sources, out of 34 financial advisors in the rank of Additional Secretary and Joint Secretary attached with various central ministries and departments, 14 are women officers. These women officers handle 52 per cent of Budget related work of the government. Financial advisors in crucial ministries like finance, health and family welfare, HRD, youth, skill development and sports have contributed heavily to the pre-Budget exercise. Also officers from ministries of aviation, urban development, chemical and fertiliser, coal and mines, Post, DeITY, social justice, Department of Science and Industrial Research have participated in the exercise. These advisors are tasked with the primary responsibility of pre-budget exercise in various ministries. The Union Budget will be presented in Parliament by Finance Minister Arun Jaitley on February 1. The pre-budget consultation of finance ministry with various ministries and government departments had begun around mid-November.

ASTRO TECHNICAL GUIDE FOR NIFTY

for 31, January 2017

Closing Session Better 

Tithi ::Magha Sukla Chaturdhi 

Nakshatra :Poorvabhadra

Persons   born in  Aswini , Makha and Moola constellations  and those born in Pisces and Cancer are advised to be alert in their dealings. 

Sensitive / Trend change Timings :10.55AM;  3.05PM

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open steady / Subdued  and remain better from 10.30 AM to 12 PM and remain subdued thereafter  till about 2  PM and remain better thereafter till about Close of the day.

Astro Technical Trading Strategy...

If Nifty Fut. Trades above    ATP by 10.30 AM  . Long Positions can be taken with suitable SL, and such positions can be closed by about 12.00PM.  If Nifty Fut trades below   the  ATP by about 2 PM, Long Positions can be taken with Suitable SL and such positions can be closed by about end of the day.

Technical Levels...

Resistance : 8670, 8800 Support : 8600, 8565

-----------------------------------

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, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto  Bearish trigger level / other support levels.

- Intraday trend given above is relative and based purely on the basis of planetary positions / aspects and needs to be understood and and astrological portion given above should be considered together and applied for taking proper trading decisions.

-------------------------------

Disclaimer :  Intraday trading is risky and Astro guidance is to be depending on intraday movements . applied depending on the real time market movement.  used as an additional tool in addition to technicals and adapted  Technical portion. Loss / Gain in market depends on Individual natal chart.  Creator only knows what is going to happen and astrologer can only indicate what is likely to happen.

Investment decisions made on the above analysis would be at your own risk and I take no responsibility for your decisions based on the above analysis.'

Trade only with stop loss..

Stay Disciplined for Successful Trading and Investing..

WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

Outlook for the Week 30.01.2017 to 03.02.2017

Nextweek Range is crucial for Februay Series

NIFTY :: 8641 (+ 342)

Nifty traded in  a  wide range of 8327  to 8673  during last week and closed at the Upper  end  for the week at 8641   with a GAIN  of 342 Points, a gain of  about 4 %. Market gained well and gained 127 points on Wednesday. The Budget Proposals  could provide the required guidance for market. It would be crucial and sector specific movements will be felt.

- The short term trend has turned Up. It is Neutral for Medium and Long term, short term could be quite volatile. Unless Nifty comes and closes below 8350.

- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 8355, 8201, 8442 and 8327 respectively and would act as  Supports  and Resistances as Nifty is trading abpve all the averages.

- Nifty continues to trade above    the  200 DMA and also  the 50 DMA but  50 DMA has come below 200 DMA (Death  Cross has come towards last month  end) suggesting that the Long term outlook has become Bearish but Nifty continues to trade above both the Averages and hence can be considered neutral even for Long term too..

Technical Levels...

Breakout level : 8725                 Breakdown level : 8500

- Bullish above 8715 with Resistance at  8790, 8865, 8935 

- Bearish below 8570 with Supports at 8500, 8430,8360.

Advice for Traders...

Weekly Open level is very important for the entire week. Long    positions may be considered  as long as it maintains above the Weekly open level.

-----------------------------------

Planetary Position...

- Moon would be transiting  from Satabhisham 2  nd  Pada in Aquarius   to Aswini 4 th  Pada in Aries.

- Sun transits from  Sravan 2 nd th  Pada  to Sravana 4 th  Pada in Capricorn.

- Mercury  transits from Poorvsdhadha 4 th   Pada to Uttarashadha 2 nd  Pada  in Capricorn.

- Venus transits from  Poorvabhadra 4 th  Pada in Pisces   to Uttarabhadra. 1 st   Pada in Pisces.

- Mars transits in Uttarabhadra 2 nd   Pada in Pisces to Uttarabhadra 3 rd    Pada in Pisces.

- Saturn  moves to Sagittarius and transits Moola 1 st Pada in Sagittarius Navamsa .

- Jupiter transits in Chitta 2 nd  Pada in Virgo and in Virgo   Navamsa.

- Rahu and Ketu transit in Leo and Aquarius and in Cancer and Capricorn Navamsas,

Moon would be transiting between  Aquarius and Pisces between Monday and Thursday and .Next week’s High is important and if the High is crossed in the following week, it would become Bullish. Alternatively, if the Low is breached, it would become Bearish.

-----------------------------------

for Monday...

Volatile Movements

Tithi ::Magha Sukla Triteeya

Nakshatra ::Sathabhisham

Persons born in Aslesha, Jyeshta and Revathi constellations  and those born in Pisces and Scorpio are advised to be alert in their dealings.

Sensitive / Trend change Timings : 11.05 AM;

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open Steady and remain  Betterfrom 9.30 to 11 AM  and remain subdued from 12.45 PM  till about 2.40 PM   and remain Better thereafter once again.

Astro Technical Trading Strategy...

If Nifty Fut. Trades above   ATP by  9.45 AM . Long Positions can be taken with suitable level as  SL, and such positions can be closed by about 11 A M.  If Nifty Fut trades beow the  ATP by about 12.45 PM, Short   Positions can be taken with Suitable SL and such positions can be closed by about 2.30 PM.

Technical Levels...

Resistance : 8680, 8715 Support : 8600, 8565

----------------------------------- 

- 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, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto  Bearish trigger level / other support levels.

- Intraday trend given above is relative and based purely on the basis of planetary positions / aspects and needs to be understood and and astrological portion given above should be considered together and applied for taking proper trading decisions.

-------------------------------

Disclaimer :  Intraday trading is risky and Astro guidance is to be depending on intraday movements . applied depending on the real time market movement.  used as an additional tool in addition to technicals and adapted  Technical portion. Loss / Gain in market depends on Individual natal chart.  Creator only knows what is going to happen and astrologer can only indicate what is likely to happen.

Investment decisions made on the above analysis would be at your own risk and I take no responsibility for your decisions based on the above analysis.'

Trade only with stop loss..

Stay Disciplined for Successful Trading and Investing..

LONG TERM Gold Outlook BULLISH

Gold demand in India -- the world's largest consumer -- has been affected in the short term because of the shock demonetisation, but long-term prospects are encouraging with consumption to average at 850-950 per annum by 2020, the World Gold Council (WGC) said today. While the main demand will be for jewellery, bar and coin investment is expected to be 250-300 tonnes by 2020. Jewellery exports are estimated to touch the USD 40 billion mark, from the current USD 8.6 billion. Stating that transparency across the value chain is necessary for gold to be mainstream, WGC said gold trade will become more transparent with introduction of GST, mandatory hallmarking and a massive push by organised jewellers to promote non-cash payments. However, the latest cash ban exercise should also expand the tax base and the positive impact on public finances could generate a more benign and gold-supportive policy approach, it suggested. There has been short-term impact on gold demand in the country due to demonetisation as there were fears that the government may cap gold holdings and gold buying. Buyers stayed away for a brief while, said Somasundaram P R, head of WGC's India operations, after unveiling the report titled India's Gold Market -- evolution and innovation. Since it is difficult to say right now how much of an impact the demonetisation move had on gold demand, WGC is still analysing it and will come out with a detailed report soon, he said. "As of now, we still maintain that overall gold demand will average at 650-750 tonnes in 2016. Definitely, demand will be at a lower range," he said. India's gold demand stood at 441.2 tonnes in January-September of 2016. Demand during Diwali and for weddings held up well until November 8 when the government announced ban on Rs 500 and Rs 1,000 notes, according to the WGC. Gold smuggling is expected to be higher in 2016 because of 1 per cent manufacturing excise tax. About 119 tonnes are estimated to have been imported through unofficial channels in 2015, it said. Observing that cash crunch is taking a toll on gold demand in the short term, WGC in the report said even genuine gold buyers are reluctant to buy wedding jewellery as there is panic after taxmen investigated some jewellers who had, immediately after demonetization, created opportunities to convert old currency for fake or back-dated sales. The caps on withdrawals from banks and lack of cash in ATMs meant that whatever cash available was largely spent on essential items -- in both rural and urban India -- it added. Small jewellery businesses, particularly in rural centres, will feel the pinch until cash becomes more freely available, the council said further. Stating that India's economy is going to be strong and will support the gold market, WGC Market Intelligence Director Alistair Hewitt said, "In 2016, India was one of the world's fastest growing economies. While the economy was rocked by the shock demonetisation programme, it will bounce back and that will support the gold market in years to come." Given that the outlook for income growth is positive, by 2020, "we expect Indian gold demand to average 850-950 tonnes per annum".

On India's gold imports, WGC said that in the short term, the removal of some import restrictions will have two main benefits. First, nominated agencies will be better able to source bullion to meet the apparently endless appetite for gold in India. Second, this increased flow will likely make the environment less attractive for unofficial gold imports. The outlook for dore (raw) gold imports is less certain as Indian refineries already face challenges in sourcing and the reduction of dore or bullion differential in 2016 Budget has dampened the incentive for refineries to source dore, the report stated. "The huge excess refining capacity in India will come under further pressure in years to come, and we may see closures and consolidation in the industry," WGC noted. On future of gold mining in India, the council felt that it has been hampered by bureaucracy and under-investment. The gold mining industry is small, but it has potential to grow. According to government data, India's current defined gold reserves is 71.9 tonnes. In addition, 568.5 tonnes of gold are defined in the primary (hard rock) resource category while 5.9 tonnes have been defined within placer deposits. Over 99 per cent of gold mineral reserves are located in Karnataka while the remaining in Jharkhand, although at under 0.2 tonnes, are trivial. On gold monetisation, WGC said the outlook is interesting, but the scheme still faces significant challenges. For the scheme to be a success, it needs to address the key issues of trust, ease of use, incentives and infrastructure. If any of these is overlooked, the scheme may struggle, the report pointed out. Despite the significant stock of gold in India, WGC said, "Our view is that little of it will be monetised anytime soon. It will take time to build the necessary infrastructure, for banks to develop and market the right products, and for customers to respond." It added: "Once the infrastructure is in place, greater volumes of gold can be monetised. We envisage up to 25 tonnes being monetised within the next 2-3 years. According to the report, India has gold stocks of around 23,000-24,000 tonnes. Southern India has the highest market share for gold demand (40 per cent), followed by western India (25 per cent), whereas it stands at 20 per cent and 15 per cent, respectively, for north and eastern India. Observing that gold industry in India is one of the most regulated, WGC said the industry still faces challenges. For a start, small and medium sized manufacturers struggle to obtain gold loans to purchase material. For 2015-16, only Rs 727 billion were made available to the industry by the financial sector, which account for just 2.7 per cent of total bank credit. This is unlikely to change anytime soon, WGC predicted. India is dependent on imports and recycling to meet gold demand. Gold imports account for around 85 per cent of total supply and the refining sector plays an important role in giving these imports a suitable form.

ASTRO TECHNICAL GUIDE FOR NIFTY

for 25, January 2017

Scrip Specific Movements

Tithi ::Pushya Bahula Trayodasi  

Nakshatra :Moola

Persons   born in  Rohini, Hastha and Sravana constellations  and those born in Capricorn and Taurus are advised to be alert in their dealings. 

Sensitive / Trend change Timings :12.15 PM; 1.55 PM; 3.15PM;

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open steady  and remain better from 11.20 AM  till about 1.00 PM and remain subdued till about Close of the day.  Being last date of Derivative settlement, scrip specific movements are most likely .

Astro Technical Trading Strategy...

If Nifty Fut. Trades above    ATP by 11.30 AM  . Long Positions can be taken with suitable   SL, and such positions can be closed by about 1.00PM.  If Nifty Fut trades below   the  ATP by about 1.15 PM, Short   Positions can be taken with Suitable SL and such positions can be closed by about 3.30 PM.

Technical Levels...

Resistance : 8515, 8550 Support : 8435, 8400

----------------------------------

- 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, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto  Bearish trigger level / other support levels.

- Intraday trend given above is relative and based purely on the basis of planetary positions / aspects and needs to be understood and and astrological portion given above should be considered together and applied for taking proper trading decisions.

-------------------------------

Disclaimer :  Intraday trading is risky and Astro guidance is to be depending on intraday movements . applied depending on the real time market movement.  used as an additional tool in addition to technicals and adapted  Technical portion. Loss / Gain in market depends on Individual natal chart.  Creator only knows what is going to happen and astrologer can only indicate what is likely to happen.

Investment decisions made on the above analysis would be at your own risk and I take no responsibility for your decisions based on the above analysis.'

Trade only with stop loss..

Stay Disciplined for Successful Trading and Investing..

 

ASTRO TECHNICAL GUIDE FOR NIFTY

for 24, January 2017

Volatile Movements with Bullish Bias

Tithi ::Pushya Bahula Dwadasi

Nakshatra : Jyeshta

Persons born in Ktittika, Uttara and Uttarashadha constellations  and those born in Sagittarius and Aries are advised to be alert in their dealings.

Sensitive / Trend change Timings : 9.55 AM; 10.25 AM; 2.10PM;

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open Better and remain so till about 11.40 AM and remain subdued till about 1.35 AM and remain volatile with Bullish Bias till Close of the day.

Astro Technical Trading Strategy...

If Nifty Fut. Trades above    ATP by 9.30 AM  . Long Positions can be taken with suitable   SL, and such positions can be closed by about 11.30AM.  If Nifty Fut trades below   the  ATP by about 11.45 PM, Short   Positions can be taken with Suitable SL and such positions can be closed by about 1.30 PM,  If Nifty Fut. Trades above    ATP by 1.45 PM . Long Positions can be taken with suitable   SL, and such positions can be closed by about end of the day.

Technical Levels...

Resistance  : 8430, 8465 Support  : 8350, 8315  

------------------------------------

ASTRO TECHNICAL GUIDE FOR NIFTY for 24, January 2017

- 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, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto  Bearish trigger level / other support levels.

- Intraday trend given above is relative and based purely on the basis of planetary positions / aspects and needs to be understood and and astrological portion given above should be considered together and applied for taking proper trading decisions.

-------------------------------

Disclaimer :  Intraday trading is risky and Astro guidance is to be depending on intraday movements . applied depending on the real time market movement.  used as an additional tool in addition to technicals and adapted  Technical portion. Loss / Gain in market depends on Individual natal chart.  Creator only knows what is going to happen and astrologer can only indicate what is likely to happen.

Investment decisions made on the above analysis would be at your own risk and I take no responsibility for your decisions based on the above analysis.'

Trade only with stop loss..

Stay Disciplined for Successful Trading and Investing..

DEMONETISATION IS A SPLENDID STEP

By generating fear among some people, the demonetisation move by Prime Minister Narendra Modi has opened opportunities for others, writer Ashwin Sanghi said today. "When there is a fear there are opportunities. Demonetisation has created a fear among few people and on the other hand opened opportunities for others," Sanghi said at a session at the ongoing Jaipur Literature Festival here. He was joined by businessman Binod Chaudhury, writer and journalist Hindol Sengupta and Suhel Seth. According to Sengupta, the "pain" that has come along with demonetisation has been "worth it", and that the move was a step forward towards a better economy. "There has been pain and it is worth it. Despite the sufferings, there has not been a single real mass protest happened on roads. The NCR economy is entirely sustaining on black money. Government's next step to nail 'benami' property will be another move towards better economy," he said. Calling himself a "deep advocate" of demonetisation, Suhel Seth termed it a "splendid" step, predicting that India will be the "fastest economy" in the coming future. "I am deep advocate of demonetisation taken by the government. We need to root out black money from the system and it is a splendid move. "International Monetary Fund projection for Indian economy is rubbish and we will be be the fastest economy in coming future," he said. He said that while the working class may be in "short-term pain" but gains would be manifold in long-term. "The move will yield results in next two quarters," he said. Questioning the timing of announcing the decision to demonetise Rs 500 and Rs 1,000 notes, and whether the Reserve Bank of India was prepared for the repurcussions, Binod Chaudhury, said that the aftermath of the move will last longer than projected, but assured that "India will have a bright future". "Demonetisation was needed at some point of time. But, whether it was the right time and was RBI prepared to tackle the eventualities is a question. "Currently 50 per cent of Indians have access to banks and post offices so demonetisation has troubled many people. Pain of the step will be a bit longer than projected. However, India will have bright future," the Nepalese businessman said.

NO FAKE CURRENCY IN THE SYSTEM AFTER DEMONETISATION

Anil Bokil, founder of Pune-based think tank ArthaKranti, who was part of the team that claims to have suggested demonetisation to the government today said "no fake currency is in circulation in the system" after the note ban. "The whole thing is now transparent. One more serious thing is that there is no consideration of fake currency. Another thing what banks have received is white money. So the whole purpose for the exercise is yet to be ascertained and some time is required to examine and after that only we can say," Bokil said in an interactive session organised by Junior Chamber International (JCI) in Hyderabad. During his presentation he suggested that there should not be any note with denomination higher than Rs 50. He said the main reason for banning currency notes with high value denomination is that the notes were not serving the intended purpose but had turned into a hoardable commodity. "There are three main reasons for note ban. One is the currency note has not become medium. Second is the currency notes are not sustainable and the third is it has become source for counterfeit notes," he said. He further said that in cash transactions, there is no trail and it is unaccountable whereas in digital payments are transparent and traceable.

WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

for the Week 23.01.2017 to 27.01.2017

Buy on Decline

NIFTY :: 8349  ( - 51)

Nifty traded in  a  narrow range of 8340  to 8460  during last week and closed at the Lower end  for the week at 8349   with a Loss of 51 Points,  a loss   of  about 0.6 %. Market was in a narrow to negative  zone and lost about 85 points on Friday itself. This week being the last week of Derivative settlement, scrip specific movements are most likely. The Budget Proposals could provide the required guidance for market.

- The short term trend has turned Up. It is reasonably Bearish for Medium and Long term, short term could be quite volatile. Unless Nifty comes and closes below 8250.

- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 8253, 8170, 8430 and 8310 respectively and would act as Supports and Resistances as Nifty is trading only below 100 DMA.

- Nifty continues to trade above the  200 DMA and also  the 50 DMA but  50 DMA has come below 200 DMA (Death Cross has come towards last month end) suggesting that the Long term outlook has become Bearish but Nifty continues to trade above both the Averages.

Technical Levels...

Bullish above 8410 with resistance at  8470, 8530, 8600

Bearish below 8285 with Supports at 8220, 8155,8090.

Breakout level : 8475, Breakdown level : 8225

Advice for Traders...

Weekly Open level is very important for the entire week. Long positions may be considered as long as it maintains above the Weekly open level.

-----------------------------

Planetary Position...

- Moon would be transiting  from Anuradha  2 nd  Pada in Scorpio  to Uttarashadha 3 rd Pada in Capricorn.

- Sun transits from  Uttarashadha 4 th  Pada  to Sravana 2 nd  Pada in Capricorn.

- Mercury  transits from Poorvsdhadha 1 st  Pada to Poorvashadha 3 rd Pada  in Sagittarius .

- Venus transits from  Poorvabhadra 2 nd  Pada in Aquarius  to Poorvabhadra 3 rd   Pada in Aquarius.

- Mars transits in   Poorvabhadra 4 th   Pada in Pisces to Uttarabhadra 1 st   Pada in Pisces.

- Saturn   transits in  Jyeshta 4 th   Pada in Scropio sign and in Pisces Navamsa to Moola 1 st Pada in Sagittarius Navamsa .

- Jupiter   transits in     Chitta 2 nd  Pada in Virgo and in Virgo   Navamsa.

- Rahu and Ketu transit in Leo and Aquarius and in Cancer and Capricorn Navamsas,

Moon transited  between Aquarius and Pisces in a range of 8134 and 8307 would be crucial for the next Three weeks w.e.27.1.2017 and since  the High is Crossed and achieved the First Target, it did not cross the last week’s High and moved in a narrow range last week. Current week  is the last week and market could behave within 8300 and 8450.

-------------------------------------------

for Monday...

Generally Subdued

Tithi ::Pushya Bahula Ekadasi

Nakshatra ::Anuradha

Persons   born in  Bharani , Pubba and Poorvashadha constellations and those born in Sagittarius and Aries are advised to be alert in their dealings.

Sensitive / Trend change Timings :11.40 AM; 1.55PM;

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open Steady    and remain subdued from 9.30 Am to 2.30 PM and could remain steady / recoverately thereafter.

Astro Technical Trading Strategy...

If Nifty Fut. Trades below    ATP by 10 AM  . Short  Positions can be taken with suitable   SL, and such positions can be closed by about 2/30 PM.

Technical Levels...

Resistance : 8390, 8425 Support : 8310, 8275

-------------------------------------

- 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, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto  Bearish trigger level / other support levels.

- Intraday trend given above is relative and based purely on the basis of planetary positions / aspects and needs to be understood and and astrological portion given above should be considered together and applied for taking proper trading decisions.

Disclaimer :  Intraday trading is risky and Astro guidance is to be depending on intraday movements . applied depending on the real time market movement.  used as an additional tool in addition to technicals and adapted  Technical portion. Loss / Gain in market depends on Individual natal chart.  Creator only knows what is going to happen and astrologer can only indicate what is likely to happen.

Investment decisions made on the above analysis would be at your own risk and I take no responsibility for your decisions based on the above analysis.'

Trade only with stop loss..

Stay Disciplined for Successful Trading and Investing..

Bank to pay woman for sharing her info with estranged husband

A bank has a relationship of fidelity with its customers and it cannot share their personal information or financial statement with anyone else, Delhi state consumer commision has said while holding a private bank guilty of deficient service by providing account details of a woman to her estranged husband without her consent. The state commission also asked HDFC Bank Ltd to pay a compensation of Rs 50,000 to the complainant, whose financial details were given to her husband with whom she had strained relations owing to a matrimonial dispute. "The relation of the bank and the customer is of fidelity and therefore, bank cannot supply financial statement or any information to another person except that of the court order," the commission said. "Considering the totality of facts and circumstances, the only conclusion drawn is that the statements were provided to the husband with the connivance of the bank officials. The same amounts to deficiency in service on part of the bank...," IT said while dismissing the bank's appeal against a district forum order directing it to pay the compensation. "Financial statements have been provided to the husband of the complainant (woman), who is having strained relationship and ultimately she had to undergo mental agony pain and sheer suffering," the commission said. According to the complaint filed by Delhi resident Gurpreet Kaur, on April 3, 2009 her salary account details were released by the bank to her husband without her consent and knowledge. The bank, while denying the allegation, had claimed that it got a formal application for the release of account details but failed to submit it before the commission saying it was unable to trace the same.

GOOD BYE Mr PM MODI

Hours before he demits the White House, President Barack Obama made a farewell telephone call to Prime Minister Narendra Modi to thank him for his partnership that enhanced Indo-US strategic ties and reviewed the significant progress achieved on the economic and security fronts, including on defence and civil nuclear energy. During the conversation between the two leaders yesterday, Prime Minister Modi thanked Obama for his strong support and contribution to strengthening the strategic partnership between India and the US. The White House, in readout of the conversation, said Obama telephoned Modi to thank him for his partnership and to review joint efforts of cooperation including defence, civil- nuclear energy, and enhanced people-to-people ties. "Recalling his visit as the chief guest at India's Republic Day celebrations in 2015, President Obama wished the Prime Minister warm congratulations ahead of India's upcoming 68th Republic Day anniversary," the White House said. "Both leaders discussed the progress they have made on shared economic and security priorities, including recognition of India as a major defence partner of the United States and addressing the global challenge of climate change," it said. In New Delhi, the PMO in a statement, said the two leaders "reviewed with satisfaction" the significant all round progress and cooperation in ties between India and the US in the past few years. Modi conveyed his best wishes to Obama in his future endeavours. Obama was one of the first leaders to congratulate Modi after his electoral victory in May 2014 and immediately invited him to visit the White House. The two leaders met at the White House in September 2014. Since then they have met each other eight times, a record for leaders from India and America. According to Assistant Secretary of State for South and central Asia Nisha Desai Biswal, the two leaders share a very warm relationship. "They have a great deal of personal camaraderie. But they also have a great deal of respect for each other for the leadership and the values and the integrity of each other's approach," Biswal had said. Obama, the 44th US President will end his eight years of presidency on January 20. He would be succeeded by Donald Trump.

Printing of Budget begins with 'HALWA' ceremony

Finance Minister Arun Jaitley and other officials today participated in the 'halwa ceremony', a ritual which marks the process of printing documents for the Budget for 2017-18.
"After the Halwa ceremony, more than 100 officials of Finance Ministry will stay in Budget printing press till FM's Budget Speech is over," the ministry said in a series of tweets.
The ceremony, it said, marks the beginning of the printing of documents which are part of the Union Budget 2017-18.
As part of the ritual, which has continued for long, 'halwa' is prepared in a big 'kadhai' (large frying pot) and served to the entire staff in the ministry.
Finance Secretary Ashok Lavasa, Revenue Secretary Hasmukh Adhia, Economic Affairs Secretary Shaktikanta Das, Chief Economic Advisor Arvind Subramanian and other officers and staff of the ministry involved with Budget preparation were also present.
The significance of the sweet dish is that after it is served, a large number of officials and support staff, who are directly associated with the Budget making and printing process, are required to stay in the ministry and remain cut off from their families till the presentation of the Budget by the minister in the Lok Sabha.
They are not even allowed to contact their near and dear ones through phone or any other form of communication, like e-mail.
Only very senior officials in the Finance Ministry are permitted to go home.
The Budget, which will be the third full-fledged Budget of the present NDA government, is scheduled to be unveiled in Parliament on February 1 as against the usual date of last working day of the next month.
The lock-in which follows the 'halwa ceremony' is observed to maintain the secrecy of the Budget preparation process.
Budget Press in North Block houses all these officials in the period leading up to the presentation of Union Budget in Parliament by the Finance Minister.
The first Budget of Independent India was presented by R K Shanmukham Chetty on November 26, 1947.

ASTRO TECHNICAL GUIDE FOR NIFTY

for 20, January 2017

Forenoon  Better

Tithi ::Pushya Bahula Ashtami

Nakshatra ::Swathi

Persons   born in  Ktittika, Uttara and Uttarashadha constellations  and those born in Scorpio and Pisces are advised to be alert in their dealings. 

Sensitive / Trend change Timings :11.50 AM; 2.05PM;

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open Steady    and recover from 10 AM to 11.45 AM and remain steady thereafter and become subdued from 1.25 PM to to 3.15 and could again become Bullish towards close.

Astro Technical Trading Strategy...

If Nifty Fut. Trades above    ATP by 10 AM  . Long Positions can be taken with suitable   SL, and such positions can be closed by about 11.45AM.  If Nifty Fut trades below   the  ATP by about 1.30 PM, Short   Positions can be taken with Suitable SL and such positions can be closed by about 3.15 PM,

(Short term trend is Bullish and Long positions may be held with  Stop Loss at 8375)

Technical Levels...

Resistance : 8475, 8500 Support :: 8395, 8360

--------------------------------

- 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, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto  Bearish trigger level / other support levels.

- Intraday trend given above is relative and based purely on the basis of planetary positions / aspects and needs to be understood and and astrological portion given above should be considered together and applied for taking proper trading decisions.

-------------------------------

Disclaimer :  Intraday trading is risky and Astro guidance is to be depending on intraday movements . applied depending on the real time market movement.  used as an additional tool in addition to technicals and adapted  Technical portion. Loss / Gain in market depends on Individual natal chart.  Creator only knows what is going to happen and astrologer can only indicate what is likely to happen.

Investment decisions made on the above analysis would be at your own risk and I take no responsibility for your decisions based on the above analysis.'

Trade only with stop loss..

Stay Disciplined for Successful Trading and Investing..

PHARMA INDUSTRY GROWN BY 29 %

Indian pharmaceutical industry grew by 29 per cent to Rs 2,04,627 crore in 2015-16 from Rs 1,77,734 crore in 2014-15, while it attracted FDI of USD 2.25 billion during April 2014 to March 2016.
The country "is one of the largest producers of pharmaceutical products and a leading player in the global generics market, exporting nearly 50 per cent of its production", according to the achievement report of the sector under the government's 'Make in India' initiative.
"The Indian pharmaceutical industry has witnessed a robust growth in recent years growing from Rs 1,77,734 crore in FY 2014-15 to Rs 2,04,627 crore in FY 2015-16, registering a growth of 29 per cent as compared to the growth of 12 per cent from Rs 1,58,671 crore during FY 2013-14," the report said.
In terms of FDI Inflows, it said: "The sector saw FDI equity inflows of USD 2.25 billion from April 2014 to March 2016."
Among the top FDI inflows were UK's Abbot Asia Holdings USD 447.48 million, the Netherlands-based Mylan group's USD 372.63 million and Singapore-based Hospira's USD 301.61 million.
On the export front, it said: "In FY 2015-16, the exports of drugs, pharmaceuticals and fine chemicals was Rs 1,06,212.4 crore.
"In the generics market, India exports 20 per cent of global generics, making it the largest provider of generic medicines globally."
The report jointly prepared by the Department of Industrial Policy and Promotion and Department of Pharmaceuticals said when it came to FDI policy, 100 per cent FDI has been allowed through automatic route for greenfield pharmaceuticals projects.
"For brownfield pharmaceuticals projects, FDI has been allowed up to 74 per cent through automatic route and beyond that through government approval," it added.
Highlighting fiscal incentives provided to promote domestic manufacturing, the report said inverted duty structure in medical device industry has been corrected.
Basic customs duty has been reduced to 2.5% along with full exemption from Special Additional Duty (SAD) on raw materials, parts and accessories for manufacture of certain medical devices with effect from January 19, 2016.