ASTRO TECHNICAL GUIDE FOR NIFTY

for 10th May 2017

Generally Steady / Better in the Forenoon

Tithi ::Vaisakha Sukla Pounima

Nakshatra:Swathi & Visakha

Persons born in Aslesha, Jyeshta and Revathi Upto 2.30 PM; and Aswini, Makha and Moola (last One Hour) constellations and those born in Scorpio and Pisces are advised to be alert in their dealings.

Sensitive / Trend change Timings : 12.14 PM

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open Better and remain generally So till about 9.55 AM and remain steady thereafter upto 1.30 PM and remain subdued thereafter.

Astro Technical Trading Strategy...

If Nifty Fut. Trades above ATP/ Open level by about 9.30 AM , Long Positions can be taken with suitable SL, and such positions can be closed by about 10.30 AM. If Nifty Fut trades below ATP by about 1PM, Short Positions can be taken with suitable SL,and such positions can be closed by about 3 PM.

Technical Levels...

Resistance : 9345, 9380 Support : 9275, 9240

NAIDU GETS COVETED 'Transformative CM Award'

Andhra Pradesh Chief Minister N Chandrababu Naidu has been presented the 'Transformative Chief Minister Award' in the US for his efforts to strengthen ties between the two countries at the state level. The award by the US-India Business Council (USIBC) was presented yesterday to Naidu during the USIBC West Coast Summit in the Silicon Valley. The award acknowledges excellence in public service and recognise the honoree's achievement in championing US-India ties in the areas of trade, politics and culture, a USIBC press release said. Aruna Sundararajan, Secretary, Ministry of Electronics and IT was also honoured with the same award for distinguished public service and her commitment to advancing US-India cooperation and Digital India. "With India's move towards a cashless society, plans to build smart cities and the explosive growth of e-commerce, it is imperative that there are deliberations on what the challenges are towards creating a digitally driven economy and how American companies can help in this endeavour. USIBC's annual West Coast Summit explored solutions to building an efficient digital infrastructure for India," Mukesh Aghi, USIBC President. "India's digitisation journey has opened the market to new growth opportunities and transformed the way Indian consumers access information and services. I believe that through collaborative efforts, the US-India technology partnership can only expand over the next few years and contribute to our growing bilateral trade," Aghi said. "We have strong partners in the Government of India. Leaders like Prime Minister Modi, Chief Minister Chandrababu Naidu, and Secretary Sundararajan understand the urgency to bring about digital transformation of India. That is why Cisco and so many other American companies continue to bet big on India," USIBC Chairman and Cisco Executive Chairman John Chambers said. Last year's recipient for this award was Amitabh Kant, Chief Executive Officer of Niti Aayog. Naidu, on a week-long visit to the US, is accompanied by his 16-member team comprising Finance Minister Yanamala Ramakrishnudu, Government Advisor (Communications) Parakala Prabhakar and senior officials, will also visit Washington.

ASTRO TECHNICAL GUIDE FOR NIFTY

for 09, May 2017

Generally Subdued

Tithi ::Vaisakha Sukla Chaturdasi

Nakshatra::Chitta/ Swathi

Persons born in Pushyami, Anuradha and Uttarabhadra in the forenoon and Aslesha/Jyeshta and Revathi constellations in the afternoon  and those born in Scorpio and Pisces are advised to be alert in their dealings.

Sensitive / Trend change Timings : 12.00

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open Subdued and remain generally Subdued till about 10.50 AM and remain Better thereafter upto 12.00 PM and remain subdued thereafter.

Astro Technical Trading Strategy...

If Nifty Fut. Trades below ATP/ Open level by about 9.30 AM , Short Positions can be taken with suitable SL, and such positions can be closed by about 10.50 AM. If Nifty Fut trades above ATP by about 11 AM, Long Positions can be taken with suitable SL,and such positions can be closed by about 12 PM. IF Nifty Fut trades below ATP byabout 12.30PM, Short Positions can be taken with suitable SL, and such positions can be closed by end of the day.

Technical Levels...

Resistance : 9345, 9380 Support : 9275, 9240

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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 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 onIndividual 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

Cautious at Higher Levels

NIFTY :: 9285 (- 19)

Nifty traded in  a  narrow  range of 9270  to 9377   during last week and closed at the Lower  end of the range  for the week at 9285   with a Loss  of  19 Points (about 0.2%). 

Market had closed with a  slight negative  outlook . The short term trend is also UP . It is Bullish both  for Medium and Long term, Short term could become  Bearish  if Nifty comes and closes below   9200.

-  20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 9232, 9105, 8744 and 8648 respectively and would act as  Supports  and Resistances as Nifty is trading above all the Moving 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 more than  Two months  ago) suggesting that the Long term outlook has become Bullish and  Nifty continues to trade above both the Averages and hence can be considered Bullish  for Long term too.

Technical Levels…

Breakout level : 9400 Breakdown level : 9175

Bullish above 9355  with Resistance at  9425, 9500

Bearish below 9210 with Supports at 9140, 9065

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.

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Planetary Position…

- Moon would be transiting  from Hastha 4 th Pada in Virgo to Anuradha 4 th Pada in Scorpio.

- Sun transits from  Bharani 4 th  Pada in Aries to Krittika 1 st  Pada in Aries.

- Mercury, in Direct  mode,  transits from Aswini 1 st    Pada to Aswini 1 st  Pada  in Aries.

- Venus transits from  Uttarabhadra 3 rd Pada in Pisces   to Uttarabhadra 4 th   Pada in Pisces.

- Mars transits in  Rohini 3 rd Pada in Taurus  to Rohini 4 th Pada in Taurus.

- Saturn, in  Sagittarius, moves in Retro motion.  transits in  Moola 1 st   Pada  to Moola 1 st Pada in Aries  Navamsa

- Jupiter, in Retro motion,  transits in     Hastha 4 th Pada in Virgo and in Cancer   Navamsa.

- Rahu and Ketu transit in Leo and Aquarius and in Taurus   and Scorpio Navamsas,

Moon  transited  between Aquarius and Pisces from 21 st  to 25 th April between 9025 and 9309. Since  the High of this range is crossed on 26 th, it had become Bullish and went upto 9367 and the target for this month is nearly 9593. During the current week, it had just recorded 9377 on Friday and also came down to 9272 and closed at the lowest level at 9285.

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Generally  Steady / Subdued (for Monday)

  

Vaisakha Sukla Trayodasi

Nakshatra::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 : 9.40 AM; 10.27 AM;

Likely Intraday Trend…

On the basis of planetary position and aspects amongst planets, Market is expected to open  Better and remain generally Subdued till about 10.50 AM and remain Better thereafter  upto 1.00 PM and remain subdued thereafter.

Astro Technical Trading Strategy…

If Nifty Fut. Trades below  ATP/ Open level by about 9.30 AM , Short  Positions can be taken with suitable   SL, and such positions can be closed by about 10.45 AM. If Nifty Fut trades above   ATP by about 11 AM, Long   Positions can be taken with suitable SL,and such positions can be closed by about 1 PM. IF Nifty Fut trades below ATP byabout 1.30PM, Short Positions can be taken with suitable SL, and such positions can be closed by end of the day.

Technical Levels…

Resistance : 9325, 9360                Support  : 9245, 9210  

GOLD DEMAND SLUMPS AFTER TRUMP WIN

Global gold demand fell 18 per cent in the first quarter from a year earlier as US investors abandoned the precious metal after Donald Trump's election win, industry figures showed today. After a "really good" first quarter of 2016 for gold demand, the first three months of this year was "not a strong quarter", World Gold Council director John Mulligan told AFP. "In 2016 demand was concentrated on one source, which was professional investors, especially in the US" where activity was focussed on Exchange Traded Funds (ETFs) - investment funds backed by physical stocks of gold, the WGC director added. Demand stood at 1,034.5 tonnes between January and March 2017, its lowest level in 11 years. At the same time last year, demand stood 1,261.8 tonnes. Cautious US investors rushed to the ETFs before the US presidential election, but are now shifting their attention to riskier products -- but it is a different story in Europe. "There are multiple elections coming up, even in Paris... the election is not over. People are uncertain, it is generally good for gold," said Mulligan. Gold is viewed as a haven investment in times of economic uncertainty. Despite enthusiasm from European investors, the demand for gold through ETFs dropped by 68 per cent to 109.1 tonnes in the first quarter. As well as in Europe, there was also an uptick in overall demand in India and China, the two leading buyers of physical gold. The demand for coins or bullion increased by 30 per cent in China to 105.9 tonnes. "The demand is seasonally strong in China, with the Chinese New Year, but it is only the fourth time demand was stronger than a 100 tonnes," said Mulligan. With Chinese authorities reforming the financial system to avoid a property bubble, savers have turned to physical gold to preserve their wealth. In India, demand for jewelry increased by 16 per cent to 92.3 tonnes, while the sector suffered at the end of 2016 from the government's demonetisation effort. "There are signs of improvement, especially from India where the gradual remonetisation of the economy is supporting the jewellery market," added Mulligan. Under India's monetisation programme, Indians are depositing their gold with banks for tax-free interest. Banks in turn are lending the metal to jewellers to help boost the local economy. Gold prices traded at USD 1,235.66 an ounce today, while the WGC said the metal was unlikely to see a return to last year's record high prices - at least until Trump unveils his tax plans.

INDIA ACHIEVE ANOTHER SUCCESS IN SPACE

In a first, India today successfully launched a South Asia Satellite to provide communications and disaster support to neighbouring countries, a space initiative described as a "giant and historic step" in boosting regional cooperation. Giving a fillip to India's new age space diplomacy and "neighbourhood first" policy, the Rs 235 crore satellite GSAT-9 built as part of a Rs 450 crore project and touted as an 'invaluable gift' to India's neighbours is seen as a significant move in countering Chinese interests in the region. The project is funded entirely by India. The cuboid-shaped 2,230 kg satellite named SAS will enable a full range of services to the neighbours, including in telecommunication, television, direct-to-home, VSATs, tele-education and telemedicine. The South Asian Satellite (SAS) mission life is 12 years. Seven of the eight SAARC countries--India, Sri Lanka, Bhutan, Afghanistan, Bangladesh, Nepal and Maldives--are part of the ambitious project. Pakistan has opted out of the project, saying it has its own space programme. Soaring majestically in clear weather, the GSLV-F09 rocket blasted off around 4:57 PM from the second launch pad at Satish Dhawan Space Centre at Sriharikota in Andhra Pradesh, about 350 km from here, and injected the satellite into orbit in a flawless flight. "The launch of South Asian Satellite tells us that even the sky is not the limit when it comes to regional cooperation," Modi told the leaders of the seven nations celebrating the success of the launch during a video conference. Modi earlier took to Twitter to announce the successful launch of the south asian satellite, which is his brainchild, calling it a "historic moment." "It opens up new horizons of engagement. This will also greatly benefit South Asia & our region’s progress," he tweeted. Nepal Prime Minister Pushpa Kamal Dahal, Bangladesh Prime Minister Sheikh Hasina, Bhutan Prime Minister Tshering Tobgay, Sri Lanka President Maithripala Sirisena, Maldives President Abdulla Yameen and Afghan President Ashraf Ghani also addressed through videoconferencing. Lauding Modi's vision, the leaders hailed the mission as a giant step in strengthening regional cooperation. The launch took place away from the media glare, with  journalists kept at bay and a reticent ISRO keeping details of the mission and the programme under wraps. In Sriharikota, ISRO Chairman A S Kiran Kumar said, "We have just transported South Asia satellite from Earth to geostationary transfer orbit using our geosynchronous launch vehicle mark II that makes use of indigenously developed cryogenic engine." He said the satellite operations and control will be carried out from ISRO's Master Control Facility at Hassan in Karnataka and that in the coming few weeks the satellite will reach its destination-geostationary orbit. GSLV-F09 mission is the 11th flight of GSLV, called a "naughty boy" as it has a patchy record with half of its mission ending in failures in the past. Built by the Indian Space Research Organisation, the SAS rode piggyback on the 50m-tall rocket Geosynchronous Satellite Launch Vehicle GSLV-F09 with the indigenous Cryogenic powering the Upper Stage. GSLV-F09 mission is the 11th flight of GSLV. GSAT-9 is a Geostationary Communication Satellite providing various communication applications in Ku-band with coverage over south asian countries. It can also provide secure hotlines among the  participating nations, which will be useful for management of  disasters like earthquake, cyclone, floods and tsunami. Ghani described the launch as "South Asia's giant step towards regional cooperation" and said it makes the region's integration a reality. "Today marks the day where South Asia moves from speaking about desirability of regional integration to making it a reality. The gap between talk and action is bridged today." After coming to power in May 2014, Prime Minister Modi had asked ISRO scientists to develop a SAARC satellite that can be dedicated to neighbouring countries as a "gift from India. On his 'Mann ki baat' programme on Sunday last, Modi had announced that the South Asia Satellite would be India's "priceless gift" to its neighbouring countries. "On May 5, India will launch the South Asia Satellite. The benefits of this satellite will go a long way in meeting the developmental needs of the countries participating in this project," Modi had said. Extending his "Sabka saath, sabka vikaas" concept, SAS is part of Modi's 'Neighbourhood First' policy focusing on  India's South Asian neighbours. The previous launch of communication satellite GSAT-8 was on May 21, 2011 from Kourou, French Guiana. South Asia is considered prone to tropical cyclones, heat waves, earthquakes, tsunamis, landslides and floods. The launch is considered significant as it is part of Space diplomacy to extend India's footprint over the region. It comes close on the heels of a record breaking launch of 104 mini satellites with a single rocket in February.

ASTRO TECHNICAL GUIDE FOR NIFTY

for 05, May 2017

Second Half Subdued

Tithi :: Vaisakha Sukla Dasami

Nakshatra::Pubba

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

Sensitive / Trend change Timings : 11.15 AM;

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open Steady / Better and remain generally Better upto 12.45 PM and remain subdued thereafter.

Astro Technical Trading Strategy...

If Nifty Fut. Trades above ATP/ Open level by about 9.30 AM , Long Positions can be taken with suitable SL, and such positions can be closed by about 12.45 PM. If Nifty Fut trades below ATP by about 1 PM, Short Positions can be taken with suitable SL,and such positions can be closed by about end of the day.

Technical Levels...

Resistance : 9400, 9435 Support : 9320, 9285

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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 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.

Intraday trading is risky and Astro guidance is to be depending on intraday movements . applied depending on the real time market movement. and used as an additional tool in addition to technicals and adapted.

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 with stop loss. Stay Disciplined for Successful Trading and Investing.

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

AP BANGANAPALLI GETS GI TAG

The succulent Banaganapalle mango has got Geographical Indication (GI) registration from the Geographical Indications Registry here today. The Registrar of Geographical Indications Registry, Chennai, O P Gupta accorded the registration following an application from Horticulture Commissioner, Andhra Pradesh. The Andhra Pradesh government is the registered proprietor of the GI tag for mangoes, often hailed as "the king of fruits." A GI tag indicates that the product comes from a specific region. Banganapalle mangoes are renowned for its sweetness and have been grown for over 100 years in the state. It also known as Beneshan, Baneshan, Benishan, Chappatai and Safeda. Besides, they are also called Banaganapalli, Banginapalli, Banaganapalle. The fruits could retain their quality under cold storage even up to three months, Andhra Pradesh government said in documents seeking GI. "The prominent characteristic of Banganapalle mangoes is that their skin has very light spots, stone is oblong in shape and having very thin seed with sparse and soft fibre all over," it said. The primary centre of origin of the fruit is Kurnool district comprising Banaganapalle, Paanyam and Nandyal mandals, according to Andhra Pradesh government which mentioned Rayalaseema and coastal Andhra as secondary centres of origin. The government has also listed Khammam, Mahabubnagar, Rangareddy, Medak and Adilabad districts in Telangana as secondary centres of origin. Submitting documents for proof of origin, it also cited historical records like a "war fund seal (Banganapally-State Madras War Fund Seal)." A logo too is in place which features a bright yellow fruit around which the tagline says "Banganappalle Mangoes of Andhra Pradesh," with images of a man and a woman appearing to be farmers. According to an affidavit furnished in 2011 by the then Andhra Pradesh Commissioner of Horticulture, I Rani Kumudini nearly 7.68 lakh families, were involved in the production of Banaganapalle mangoes.
About 5,500 tonnes of Banganappalle variety of mangoes were being exported annually to countries like the US and UK. While the annual turnover of Banaganapalle mangoes was approximately Rs 1,461 crore, exports were to the tune of Rs 20.68 crore, she had said. GI is covered under the Intellectual Property Rights and the Trade Related Aspects of Intellectual Property Rights. A GI tag certifies the origin of a product or produce from a particular region as the quality or other features of the product is attributable only to the place of its origin. The tag helps farmers or manufacturers as the case may be to get a better price in the market.

ASTRO TECHNICAL GUIDE FOR NIFTY

for 04, May 2017

Volatile Movements

Tithi ::Vaisakha Sukla Navami  

Nakshatra::Makha

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

Sensitive / Trend change Timings : 10.05 AM; 10.30 AM; 2.40PM

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open  Steady / Better   and remain generally so upto about 10.30AM and remain subdued from 11 AM to 2.30AM and could remain Better from 2.45 PM.

Astro Technical Trading Strategy...

If Nifty Fut. Trades above ATP/ Open level by about 9.30 AM , Long Positions can be taken with suitable SL, and such positions can be closed by about 10.30 PM. If Nifty Fut trades below ATP by about 11 AM, Short Positions can be taken with suitable SL,and such positions can be closed by about 2.30 PM.  If Nifty fut trades above ATP by about 2.45PM, Long positions can be taken with suitable SL and such positions can be closed by about end of the day.

Technical Levels...

Resistance : 9350, 9380 Support : 9275, 9240

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re 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 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.

Intraday trading is risky and Astro guidance is to be depending on intraday movements . applied depending on the real time market movement. and used as an additional tool in addition to technicals and adapted.

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 with stop loss. Stay Disciplined for Successful Trading and Investing.

 

ASTRO TECHNICAL GUIDE FOR NIFTY

for 03, May 2017 

Opening Session  Bullish

Tithi ::Vaisakha Sukla Ashtami

Nakshatra::Aslesha

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

Sensitive / Trend change Timings : 10.25 AM; 12.30PM

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open Steady / Better and remain generally Better till about 12.15 PM and could remain subdued thereafter till about 2.30 PM and could remain better till Close of the day.

Astro Technical Trading Strategy...

If Nifty Fut. Trades above ATP/ Open level by about 9.30 AM , Long Positions can be taken with suitable SL, and such positions can be closed by about 12.15 PM. If Nifty Fut trades below 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. end of the day. If Nifty fut trades above ATP by about 2.30PM, Long positions can be taken with suitable SL and such positions can be closed by about end of the day.

Technical Levels...

Resistance : 9355, 9390 Support : 9275, 9240

---------------------------------
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 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.

Intraday trading is risky and Astro guidance is to be depending on intraday movements . applied depending on the real time market movement. and used as an additional tool in addition to technicals and adapted.

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 with stop loss. Stay Disciplined for Successful Trading and Investing.