INDIA TO GROW @ 7.1%

The Government today pegged GDP growth at a higher-than-expected 7.1 per cent for the current fiscal despite note ban with agriculture sector doing exceptionally well, helping India retain the tag of world's fastest growing major economy. The Central Statistics Office (CSO) put the growth rate for October-December -- the quarter in which the government banned 86 per cent of the currency in circulation -- at 7 per cent, compared to 7.4 per cent in the second quarter and 7.2 per cent in the first quarter. The growth rate was on a higher base after the CSO revised 2015-16 GDP growth rate to 7.9 per cent from the earlier provisional estimate of 7.6 per cent. India's growth was higher than China's 6.8 per cent for the October-December period of 2016. Economic Affairs Secretary Shaktikanta Das said the CSO numbers have vindicated the government's position and the criticism of note ban was anecdotal and not supported by data. The CSO data revealed that GVA (Gross Value Added) is anticipated to increase from Rs 104.70 lakh crore in 2015-16 to Rs 111.68 lakh crore in 2016-17. "Anticipated growth of real GVA at basic prices in 2016-17 is 6.7 per cent against 7.8 per cent in 2015-16," the release said. The 'agriculture, forestry and fishing sector' is likely to show 4.4 per cent growth in its GVA during 2016-17, as against the previous year's growth of 0.8 per cent. The growth numbers were better than those projected by the RBI (6.9 per cent) and international agencies like IMF (6.6 per cent).

The GDP projection for the fiscal at 7.1 per cent in the second advance estimate is same as it was suggested in January by the CSO. Replying to questions after releasing data, Chief Statistician T C A Anant said that policies like demonetisation are very difficult to assess without a lot of data coming. "But the immediate effect is based on the data currently available. We will keep on evaluating our numbers as and when more data is available," he added. Commenting on the data, Ranen Banerjee of PwC India said: "While the Q3 GDP estimates have been put at 7 per cent, this may not have factored in the entire short-term impact of demonetisation. The impacts are likely to be more visible in Q4 with the lag effects of November and December becoming more pronounced."

The latest estimates have been arrived at by factoring in discrepancies or the difference between GDP calculated by different methods at Rs 1.18 lakh crore or one per cent of the Indian economy. It was Rs 45,407 crore or 0.4 per cent of GDP in 2015-16.
Meanwhile, the CSO has also marginally revised upwards the GDP estimates for the first and the second quarters to 7.2 per cent and 7.4 per cent, respectively.
The Gross Domestic Product (GDP) at constant (2011-12) prices in 2016-17 is likely to attain a level of Rs 121.65 lakh crore, as against the first revised estimate of GDP for 2015-16 of Rs 113.58 lakh crore, released in January 2017.
The second advance estimates of National Income, 2016-17, revealed that the growth in the GVA from 'manufacturing' sector is estimated to be 7.7 per cent compared to 10.6 per cent in 2015-16.
The per capita net national income (current price) during 2016-17 is estimated to be Rs 1,03,818 showing a rise of 10.2 per cent compared to Rs 94,178 during 2015-16 with the growth rate of 8.9 per cent.
Private Final Consumption Expenditure (PFCE) at current prices is estimated at Rs 88.40 lakh crore in 2016-17 as against Rs 79.00 lakh crore in 2015-16. At constant (2011-12) prices, the PFCE is estimated at Rs 68.26 lakh crore in 2016-17 as against Rs 63.66 lakh crore in 2015-16.
In terms of GDP, the rates of PFCE at current and constant prices during 2016-17 are estimated at 58 per cent and 56.1 per cent, respectively, as against the corresponding rates of 57.8 per cent and 56.1 per cent, respectively in 2015-16.

The CSO data further revealed that Gross Fixed Capital Formation (GFCF) at current prices is estimated at Rs 40.97 lakh crore in 2016-17 as against Rs 39.89 lakh crore in last fiscal. At constant prices, the GFCF is estimated at Rs 35.55 lakh crore in 2016-17 as against Rs 35.35 lakh crore year-on-year. "In terms of GDP, the rates of GFCF at current and constant (2011-12) prices during 2016-17 are estimated at 26.9 per cent and 29.2 per cent, respectively, as against the corresponding rates of 29.2 per cent and 31.1 per cent, respectively in 2015-16," the CSO said.
Ficci Secretary General Didar Singh said with the second advance estimate for 2016-17 at 7.1 per cent, the data belies the widespread expectation of sub 7.0 per cent growth this fiscal year. "The process of remonetisation is complete and we see the economy getting back on track," he added.
Meanwhile, another macro data released by the government revealed that the growth of eight core sectors slowed down to a five-month low of 3.4 per cent in January mainly due to contraction in output of refinery products, fertiliser and cement.

ASTRO TECHNICAL GUIDE FOR NIFTY

for 01, March 2017

Forenon  Session Better

Tithi ::Phalguna Sukla Thadiya

Nakshatra :Revathi

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

Sensitive / Trend change Timings :  10.21 AM

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open Steady / Better and  and  remain Better   till about 1.00PM and remain subdued thereafter  till about 3.15 PM. And remain Better towards  close.

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 12.45PM. 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 3.15 pm.

Technical Levels...

Resistance : 8920, 8950 Support : 8840, 8810 

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

nd 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

for the Week 27.2.2017 to 03.03.2017

Second Half Better...

NIFTY :: 8940 (+118)

Nifty traded in a range of 8810 to 8982 during last week and closed at the Higher end for the week at 8940 with a GAIN of 118 Points (a gain of about 1.3%). Market gained about 118 points during the week gaining on all the Four days in the week.

- 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 8800.

- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 8776, 8451, 8422 and 8420 respectively and would act as  Supports  and Resistances as Nifty is trading above all the averages.

- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 8776, 8451, 8422 and 8420 respectively and would act as  Supports  and Resistances as Nifty is trading above all the averages.

- Nifty continues to trade above    the  200 DMA and also  the 50 DMA and   50 DMA too has  come above   200 DMA (Golden Cross has come during  the last Week) suggesting that the Long term outlook too has become   Bullish and  Nifty continues to trade above both the Averages and hence can be considered to be Bullish. 

--

Technical Levels...

Breakout level : 9050 Breakdown level : 8750

Bullish above 9000 with Resistance at 9060, 9120, 9180

Bearish below 8880 with Supports at 8820, 8760 ,8700

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 Poorvabhadra 1 st Pada in Aquarius   to Bharani 3 rd Pada in Aries .

- Sun transits from  Sathabhisham 3 rd    Pada  to Sathabhisham 4 th  Pada in Aquarius.

- Mercury  transits from Sathabisham 1 st   Pada in Aquarius to Sathabhisham 3 rd Pada  in Aquarius.

- Venus transits from  Revathi 1 st Pada in Pisces   to Revathi 1 st  Pada in Pisces.

- Mars transits in   Revathi 4 th   Pada in Pisces to Aswini 1 st Pada in Aries .

- Saturn, in  Sagittarius,  transits in  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 Gemini  and Sagittarius  Navamsas,

Moon would be transiting between Poorvabhadra and Revathi in  Aquarius and Pisces between  Monday and Wedneday and   if the  High is crossed later on in the Week, it would become Bullish.

If the Low is Breached on Thursday/ Friday, it would become Bearish. It appears that First Half is rather subdued while the Second half could be Better.

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

Generally Subdued (for Monday)

Tithi ::Phalguna Sukla Padyami

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 for the day::  12.35 PM

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open Steady and  remain Better till about 10.15 AM and remain Subdued thereafter till about 12.10 PM. It would remain Better after 12.15 PM  to 2.15 PM and could remain Subdued thereafter till close of the day .

Astro Technical Trading Strategy...

If Nifty Fut. Trades below  ATP by 10.15 AM, Short  Positions can be taken with suitable   SL, and such positions can be closed by about 12.00PM. If Nifty Fut trades aboe    the  ATP by about 12.15 PM , Long Positions can be taken with suitable  SL and such Positions can be closed by about 2.15 PM.

Technical Levels...

Resistance : 8980, 9015 Support :: 8900, 8865

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

- 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..

ARAKU COFFEE ENTERS PARIS MARKET

Domestic coffee company Araku Global Holdings today marked a global debut by opening its flagship retail store in Paris which will retail its homegrown blend of Arabica coffee.
The top quality blend will retail under the 'Araku' brand at a premium pricing, and is cultivated by the indigenous tribes of the Araku Valley in Andhra Pradesh.
Araku Global Holdings was formed as a social enterprise by top businessmen including Anand Mahindra of Mahindra Group, Kris Gopalakrishnan of Infosys, Satish Reddy, Chairman of Dr Reddy's Laboratories and Rajendra Prasad Maganti, chairman, Soma Enterprise.
To ensure maximum benefit to the farmers, it bypasses middlemen and sells directly to the end consumer.
Araku Global Holdings is managed by the Naandi Foundation's CEO Manoj Kumar along with other trustees.
The initiative will help support marginalised farmers, the company said in a statement.
"We are focused on making Araku a globally recognised luxury coffee brand from India, while helping improve the lives of tribals in the Araku Valley," Anand Mahindra said.
In addition to a store in Paris, Araku Coffee is also being sold at the LVMH Group-owned La Grande Epicerie de Paris and will soon be on the shelves of other high-end Parisian concept stores, the statement said.
The brand is also available in Switzerland and will be launched in a range of European markets shortly, it said.

ASTRO TECHNICAL GUIDE FOR NIFTY

 for 23, February 2017

Forenoon   Better

Tithi ::Magha Bahula Dwadasi

Nakshatra : Uttarashadha.

Persons   born in  Aardra, Swathi and Sathabhisham constellations  and those born in Aquarius and Gemini are advised to be alert in their dealings.

Sensitive / Trend change Timings :  11.32 Am;10.40 AM

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open Steady and  remain Better from  about  9.30 AM till about 1.00 PM and remain subdued thereafter.

Astro Technical Trading Strategy...

If Nifty Fut. Trades above  ATP by 9.45 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 end of the day.

Technical Levels...

Resistance : 8965, 9000 Support : 8885, 8850

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

- 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 22, February 2017

First Half Better

Tithi ::Magha Bahula Ekadasi

Nakshatra : Poorvashadha

Persons   born in  Mrigasira, Chitta and Dhanishta constellations  and those born in Capricorn and Taurus are advised to be alert in their dealings. 

Sensitive / Trend change Timings : 9.45 Am;10.40 AM

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open Steady and  remain Better from  about  9.30 AM till about 1.15 PM and remain subdued thereafter.

Astro Technical Trading Strategy...

If Nifty Fut. Trades above  ATP by 9.45 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 1.30 PM , Short  Positions can be taken with suitable  SL and such Positions can be closed by about 3.15 PM.

Technical Levels...

Resistance : 8950, 8985 Support : 8870, 8835

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

F 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..

TCS Rs.16000 CRORE BUY BACK OFFER

LARGEST EVER IN INDIAN STOCK MARKET

Tata Consultancy Services Ltd (TCS) today announced Rs 16,000 crore share buyback -- biggest in the Indian capital market, as it looks to return surplus cash to shareholders.
The decision comes at a time when India's largest software services provider is under pressure of losing revenue from its clients in the US, which accounts for 65 per cent of of the USD 155 billion industry, under President Donald Trump's protectionist measures.
TCS said in a stock exchange filing that its board approved buyback of up to 5.61 crore shares, or 2.85 per cent of its share capital, at Rs 2,850 apiece.
The share buyback, if successful, will be India's biggest, surpassing Reliance Industries' 2012 share repurchase of Rs 10,400 crore.
TCS shares rallied 4.08 per cent to close at Rs 2,506.50 on the BSE, the highest closing price in five months.
"TCS Board of Directors has approved a proposal to buyback up to 5.61 crore equity shares of the company for an aggregate amount not exceeding Rs 16,000 crore," the company said in the filing.
The board meeting is the last for N Chandrasekaran as TCS chief executive before he takes over as chairman of parent Tata Sons Ltd, which controls 73.3 per cent of the software developer, tomorrow.
Chandrasekaran had last week stated the company had received suggestions from investors over the need for certainty on dividend policy along with share buyback to distribute large amount of cash to its shareholders.
TCS has a cash pile of Rs 43,169 crore, which is nearly 10 per cent of the company's market capitalisation.
Earlier this month Cognizant Technology Solutions Corp announced USD 3.4 billion share buy back, bowing to pressure from activist investor Elliott Management Corp.
Share buybacks typically improve earnings per share and return surplus cash to shareholders while also supporting share price during periods of sluggish market condition.
Infosys too is being pressed with a demand for share buyback. Infosys is amid a bitter spat between a clutch of high-profile founders and the management primarily over utilisation of cash surplus for enhancing shareholder value rather than paying hefty pay hikes to the chief executive and severance package to departing employees.
Infosys' former CFO V Balakrishnan had demanded share buyback to protect shareholders' interest.

ASTRO TECHNICAL GUIDE FOR NIFTY

 for 21, February 2017

Generally Better

Tithi ::Magha Bahula Dasami

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. Combination of Week day and Tithi does not seem favourable.

Sensitive / Trend change Timings : 2.05 PM;

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open Steady and  remain Better from  about  9.35 AM till about 11.15 AM and remain subdued till about 1.05 PM and could remain Better thereafter  till about 3.15 PM.

Astro Technical Trading Strategy...

If Nifty Fut. Trades above  ATP by 9.45 AM, Long Positions can be taken with suitable   SL, and such positions can be closed by about 11.00AM. If Nifty Fut trades above    the  ATP by about 1.15 PM , Long Positions can be taken with suitable  SL and such Positions can be closed by about 3.15 PM.

Technical Levels...

Resistance : 8920, 8950 Support : 8840, 8810

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

- 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 20.2.2017 to24.02.2017

Scrip Specific Movements

NIFTY :: 8822 (+ 28)

Nifty traded in a range of 8713  to 8896 during last week and closed at the

Middle end  for the week at 8822   with a GAIN  of 28  Points,  a gain    of  about 0.3%. Market gained about 28  points during the week despite a loss of more than 68 points on Wednes  day.

- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 8683, 8304, 8412 and 8392 respectively and would act as  Supports  and Resistances as Nifty is trading above 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 January  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 : 8960 Breakdown level : 8700

Bullish above 8890 with resistance at 8960, 9040, 9100

Bearish below 8760 with Supports at 8700, 8630 ,8560.

Advice for Traders ::

Market had closed with a  positive   outlook  with a Gain of about 0.3% i.e.,28 points . 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 8700.

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 Jyeshta 2 nd  Pada in Scorpio    to Sravana 2 nd Pada in Capricorn.

- Sun transits from  Sathabhisham 1 st   Pada  to Sathabhisham 2^nd  Pada in Aquarius.

- Mercury  transits from Dhanishta 1 st   Pada in Capricorn  to Dhanishta 3 rd Pada  in Aquarius.

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

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

- Saturn, in  Sagittarius,  transits in  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 Gemini  and Sagittarius  Navamsas.

Moon would be transiting between  Aquarius and Pisces between Next Monday and Wedneday and   if the  High is crossed later on in the Week, it would become Bullish.

If the Low is Breached on Thursday/ Fri day, it would become Bearish.

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

Forenoon Better (for Monday)

Tithi ::Magha Bahula Navami

Nakshatra : Jyeshta

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

Sensitive / Trend change Timings ::  11.30 AM;

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open Steady/Better and  remain Better till about 12.20 PM and remain subdued till about 2.30 PM and remain Better thereafter  till about close of the day.

Astro Technical Trading Strategy...

If Nifty Fut. Trades below  ATP by 9.30  AM, Long Positions can be taken with suitable   SL, and such positions can be closed by about 12.15 PM. If Nifty Fut trades below    the  ATP by about 12.30 PM , Short   Positions can be taken with suitable SL and such positions can be closed by about 2.15 PM.

Technical Levels...

Resistance : 8860, 8895 Support : 8780, 8750

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

- 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..

 

ISRO SETS WORLD RECORD

Space agency ISRO today scripted history by successfully launching a record 104 satellites, including India's earth observation satellite, on a single rocket from the spaceport here. This is the highest number of satellites ever launched in a single mission. Polar Satellite Launch Vehicle PSLV-C37 blasted off at 9:28 AM from the first launch pad at the Satish Dhawan Space Centre and first injected Cartosat-2 series satellite into orbit followed by the other 103 nano satellites, including 96 from the U.S, in a gap of about 30 minutes. As the scientists at the Mission Control centre broke into cheers, Indian Space Research Organisation (ISRO) Chairman A S Kiran Kumar announced: "All 104 satellites successfully placed in orbit. My hearty congratulations to the entire ISRO team for the wonderful job they have done."
Earlier, the Russian Space Agency had launched 37 satellites in one go. ISRO had earlier launched 23 satellites in a single mission in June 2015. Prime Minister Narendra Modi congratulated Team ISRO for the successful launch. In today's complex mission after the end of 28-hour countdown, the PSLV-C37 injected the 714 kg Cartosat-2 series satellite followed by ISRO's nano satellites INS-1A and INS-1B in an 505 km polar Sun Synchronous Orbit (SSO). This was followed by launch of the other 101 nano satellites of overseas customers in blocks in a series of separations.
INS-1A and INS-1B will carry a total of four different payloads from Space Applications Centre (SAC) and Laboratory for Electro Optics Systems (LEOS) of ISRO for conducting various experiments, ISRO said. Cartosat-2 series satellite, with a mission life of five years, will send images that would cater to coastal land use and regulation, road network monitoring, distribution of water, creation of land use maps among others.

Of the 101 co-passenger satellites, 96 belong to USA, five from international customers of ISRO including Israel, Kazakhstan, the Netherlands, Switzerland and United Arab Emirates. The nano-satellites belonging to international customers are being launched as part of the arrangement between international customers and Antrix Corporation Ltd (ANTRIX) the commercial arm of ISRO. Kiran Kumar also said that ISRO was enabling the MARS Orbiter Mission to survive a long eclipse duration after which it would function for at least 2-3 years unless "we encounter any more difficulties". "Now we are targeting GSLV MkII and then Mk III...a series of launch activities planned to ensure like last year this year also we have many exciting events coming," he added. PSLV-C37 Project Director B Jayakumar said it was a "great moment for each and everyone of us. It is confirmed all 104 satellites have been successfully deployed in the orbit. So far ISRO has launched 226 satellites out of which 179 are from foreign nations." He said launching 104 satellites onboard a single rocket was a complex mission. "But our teams came up with very good solutions. The integration part are also done very well by our team. it is enjoyable mission and excellent team work.." Satish Dhawan Space Centre Director P Kunhi Krishnan said the launch clearly reiterated ISRO's capability in handling complex missions very professionally. ISRO's Vikram Sarabhai Space Centre (VSSC) Director K Sivan said it was a matter of national pride that the country had launched 104 satellites in one go using PSLV. "It is one of the toughest missions we have handled," he added.

WORLD MEDIA LAUDS ISRO SUCCESS

India has emerged as a "key player" in a growing global commercial market for space- based surveillance and communication, world media commented today after the country scripted history by successfully launching 104 satellites using a single rocket. ISRO's Polar Satellite Launch Vehicle PSLV-C37 today injected India's weather observation Cartosat-2 Series satellite and 103 nano satellites, including 96 from the US, into orbit after a textbook lift-off from Sriharikota space centre. The launch was "another success for the Indian Space Research Organisation, which is rapidly gaining a reputation globally for its effective yet low-cost missions," The Washington Post said, noting that India has already sent up dozens of satellites, including 20 at once last year. The New York Times said that by sending a flock of 104 satellites into space within minutes, nearly tripling the previous record for single-day satellite launches and establishing India as a "key player" in a growing commercial market for space-based surveillance and communication. "The launch was high-risk because the satellites, released in rapid-fire fashion every few seconds from a single rocket as it traveled at 17,000 miles an hour, could collide with one another in space if ejected into the wrong path," the paper noted. "Forget the US versus Russia. The real space race is taking place in Asia," CNN commented. London's Times newspaper reported that by today's feat, India has reinforced its ambition to join the elite space- faring nations. Many of India's landmark missions have cost far less than their equivalents in Russia, Europe and the US. Isro's Mars mission cost USD 73 million, compared with Nasa's Maven Mars launch, which came in at USD 671 million, the British paper pointed out. UK's Guardian newspaper, commented that the record- breaking space launch will help India to cement its place as a serious player in the burgeoning private space market. "India, which became just the sixth nation to launch its own rocket in 1980, has long made space research a priority. The Indian government has increased the budget for its space programme this year and also announced plans to send a mission to Venus," the British paper said. The BBC, quoting observers, said today's space success was a "sign that India is emerging as a major player in the multi-billion dollar space market." "The successful launch is yet another feather in the cap of India's ambitious space programme that has earned a reputation of offering a reliable low cost alternative to existing international players," it said. Over the past two decades, India has become a key player in the lucrative commercial space market offering a low-cost alternative, the British public broadcaster said. China's state-run media took note of India's success in the space sector. "India created history by successfully launching 104 satellites in a single space mission, breaking the previous record of 37 satellites launched by Russia in 2014, Xinhua news agency reported.

TECHNICAL GUIDE FOR NIFTY

for 16, February 2017

Second Half  Better

Tithi ::Magha Bahula Shashti

Nakshatra : Chitta and Swathi.

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

Sensitive / Trend change Timings :  1.40 PM

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open Steady/Subdued and remain subdued till about 12.15 PM  and remain Better till about close of the day.  

Astro Technical Trading Strategy...

If Nifty Fut. Trades below  ATP by 9.30  AM, Short  Positions can be taken with suitable   SL, and such positions can be closed by about 12 PM. If Nifty Fut trades above    the  ATP by about 12.30 PM , Long   Positions can be taken with suitable SL and such positions can be closed by about end of the day.

Technical Levels...

Resistance : 8765, 8800 Support : 8685, 8650

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

- 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 15, February 2017

 

Forenoon Better

Tithi ::Magha Bahula Panchami  

Nakshatra : Hastha  and Chitta.

Persons   born in  Pushyami, Anuradha and Uttarabhadra constellations  and those born in Libra and Aquarius are advised to be alert in their dealings. 

Sensitive / Trend change Timings :  11.30 AM

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open Steady/ Better   and remain Better till about 11.30  AM and remain subdued thereafter till about 12.15 PM abd recover thereafter till about 2.15 PM and could remain subdued thereafter.

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 above    the  ATP by about 12.15 PM , Long   Positions can be taken with suitable SL and such positions can be closed by about 2.15 PM.

Technical Levels...

Resistance : 8835, 8865 Support : 8755, 8725

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

- 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..