Big Range Week Ahead (with Bearish Bias)…Mid Week Crucial….!!!
Astro Technical Guide and
General outlook for the week (13.02.2012 to 17.02. 2012)::
Planetary Position :: During the current week Moon would be
transiting from Swathi in Libra to Moola constellation in
Sagittarius. Moon would be under the influence of Saturn conjunction (and also aspected by Jupiter)
in the first half of the week and aspected by Mars on Wednesday and
Thursday and by Saturn on Friday. Sun continues to transit in
Dhanishta constellation ruled by Mars which is retrograde. Saturn
continues to be retrograde. Mars and Saturn conjoin in Navamsa chart
in Scorpio till 22nd February till which period market can be expected
to be generally Bearish. Astrologically, 15th February is expected
to be a Big range day for the market (could be a Bearish Day). Rahu, planet for FII activity would move to Anuradha constellation ruled by Saturn from Tuesday and FIIs could turn cautious on their investments.
Considering the overall position, high degree of caution is advised,
astrologically and Risk Reward ratio for Long positions appears clearly
unfavourable.
Astro Technical Position for the Week :: Market rallied for the 6th
week in succession and closed with a muted gain of mere 1% during the
week. Weekly chart pattern suggests tug of war between Bulls and Bears
and nobody seems to be in control during the week. Hence, next week
would decide who would win over the other. However, general market
sentiment has changed and it is a case of “Buy on Decline “ now.
Fundamentals have improved on Currency front as INR has appreciated
considerably and liquidity has improved and Interest scenario also
would improve in future once RBI starts cutting rates from the next
meeting. However, despite all the above, broader market correction is
overdue and can be expected once FII buying slows down . Technically,
market is in overbought position and a reasonable retracement can be
expected . Further, there is strong resistance around 5450, which if
crossed at 5555. On the othr hand, if 5330 is breached, level of 5200 can be expected very soon.
Nifty Outlook for Next Week :: 13.02.12 to 17.02.12
NIFTY :: 5382 (+56)
Market went up for the Sixth week in succession fuelled by FII Buying
. However, this week rise has been only 1% and market traded in a
very narrow range of under 2.5%. Narrow range indicates fight
between Bulls and Bears at these levels and if current week’s low level
is breached, it would lead to further fall. On the other hand, if
current week’s high is crossed, further rise is also possible.
Further, strong resistance is there around 5555. However, current
rally is driven by huge liquidity and as long as institutional buying
continues any meaningful dips, either in Index or individual scrips
may be utilized to buy.
For the coming week, Nifty spot is expected to face resistance at
5455, 5530 and 5600 and find support at 5310, 5235 and 5165.
Technically, Nifty, presently Bullish, becomes weak it closes
below 5325.
Advice for Traders :: In view of the narrow range in the last week,
traders are advised to wait for Break out above the high or Break down
below the low of the last week’s range and trade accordingly for the
next week.
WD Gann’s
natural numbers which would act as natural support and resistance are
::: 5006, 5077, 5149, 5221, 5293, 5366, 5440, 5514 during the week.
For Daily Astroguide and strategy contact sastry.saaketa@gmail.com
Disclaimer :: Trading is risky and Astro
guidance is to as an additional tool in addition to technicals
and adapted depending on intraday movements. Creator only knows what is
going tohappen and astrologer can only indicate what is likely to
happen .Whether Stock market is suitable or not is determined based
onIndividual natal chart and that would be helpful to determine
one’sfavourable / unfavourable period .
The Financial Astrologer Team
Sunday, February 12, 2012
Wednesday, January 18, 2012
Market Review and Outlook
Market Outlook for Thursday, 19th January, 2012 ::
(Viewers desirous of having full Astro Technical Guide with Intraday Trading strategy, Abridged astroguide for the next day in advance, Trend Change Dates, Sensitive Timings during the day, Weekly F&O strategy , Bullish and Bearish scrips with Reversal Point as per astro technicals may write to the the following mail id) thefinancialastrologer@gmail.com
Astro Info:: Tithi :: Pushya Bahula Ekadasi :: Day :: Thursday :: Nakshatra :: Anuradha (Moon in Scorpio ).
Persons born in Bharani, Pubba and Poorvashahda constellations and Sagittarius and Aries signs are advised to be alert in their dealings.
Market Outlook for 19th January, 2012 :: First Half Subdued... Second Half Better …!!!
Nifty closed with nominal decline despite huge rise in market heavy weight stock Reliance which contributed more than 20 points to Nifty. However, this can be considered as a minor correction / consolidation for Tuesday’s rise. Further, short term trend continues to remain Bullish and stop loss may be retained at 4850 / 4875 (on close basis). Nifty spot is expected to encounter resistance at 4990, 5025 and find support at 4920, 4885 for Thursday. While Global cues, Funds flow, Q3 results are expected to broadly guide the market movement, Market can be expected to remain subdued in the first half (continuing previous day’s trend ) and recover in second half in line with short term trend.
Review of Wednesday, 18th January, 2012 ::
Market closed with moderate decline but broader market was weak as Declines were nearly Thrice the Advances and market appears to have corrected for the previous day;s smart rise. Main saviour for the market was Reliance as it had gone up about 4% on Buyback news and averted a major fall. IT and Metal were the biggest losers. Reliance, Rel Infra, HDFC Bank, Rel Power and ONGC were the major gainers while Tata Steel, SAIL, Coal India, M&M and Axis were the major losers. 17 of Nifty stocks went up whereas 33 stocks declined . Among F&O stocks, Volatas, Essar Oil, IB Real estate, Auropharma, Tata Steel closed in the red with higher Open Interest indicating Bearishness while Bombay Dyeing, Adani Enterprises, Deltacorp, Areva, Unitech, HDFC Bank gained with rise in Open Interest indicating Bullishness.
The Financial Astrologer Team
(Viewers desirous of having full Astro Technical Guide with Intraday Trading strategy, Abridged astroguide for the next day in advance, Trend Change Dates, Sensitive Timings during the day, Weekly F&O strategy , Bullish and Bearish scrips with Reversal Point as per astro technicals may write to the the following mail id) thefinancialastrologer@gmail.com
Astro Info:: Tithi :: Pushya Bahula Ekadasi :: Day :: Thursday :: Nakshatra :: Anuradha (Moon in Scorpio ).
Persons born in Bharani, Pubba and Poorvashahda constellations and Sagittarius and Aries signs are advised to be alert in their dealings.
Market Outlook for 19th January, 2012 :: First Half Subdued... Second Half Better …!!!
Nifty closed with nominal decline despite huge rise in market heavy weight stock Reliance which contributed more than 20 points to Nifty. However, this can be considered as a minor correction / consolidation for Tuesday’s rise. Further, short term trend continues to remain Bullish and stop loss may be retained at 4850 / 4875 (on close basis). Nifty spot is expected to encounter resistance at 4990, 5025 and find support at 4920, 4885 for Thursday. While Global cues, Funds flow, Q3 results are expected to broadly guide the market movement, Market can be expected to remain subdued in the first half (continuing previous day’s trend ) and recover in second half in line with short term trend.
Review of Wednesday, 18th January, 2012 ::
Market closed with moderate decline but broader market was weak as Declines were nearly Thrice the Advances and market appears to have corrected for the previous day;s smart rise. Main saviour for the market was Reliance as it had gone up about 4% on Buyback news and averted a major fall. IT and Metal were the biggest losers. Reliance, Rel Infra, HDFC Bank, Rel Power and ONGC were the major gainers while Tata Steel, SAIL, Coal India, M&M and Axis were the major losers. 17 of Nifty stocks went up whereas 33 stocks declined . Among F&O stocks, Volatas, Essar Oil, IB Real estate, Auropharma, Tata Steel closed in the red with higher Open Interest indicating Bearishness while Bombay Dyeing, Adani Enterprises, Deltacorp, Areva, Unitech, HDFC Bank gained with rise in Open Interest indicating Bullishness.
The Financial Astrologer Team
Wednesday, January 11, 2012
Market Outlook for 12th January, 2012
(Viewers desirous of having full Astro Technical Guide with Intraday Trading strategy, Abridged astroguide for the next day in advance, Trend Change Dates, Sensitive Timings during the day, Weekly F&O strategy , Bullish and Bearish scrips with Reversal Point as per astro technicals may write to the the following mail id) thefinancialastrologer@gmail.com
Astro Info:: Tithi :: Pushya Bahula Tadiya upto 10.40 and Chavithi thereafter :: Day :: Thursday :: Nakshatra :: Makha (Moon in Leo ).
Persons born in Krittika, UTtara and Uttarashadha constellations and Leo and Sagittarius signs are advised to be alert in their dealings.
Market Outlook for 12.1.12 :: Generally Subdued … Midsession Better …!!!
Nifty closed nearly flat after a day of Strong gains. Q3 results season would be starting with Infy set to declared results on Thursday and the stock looked nerous ahead of results (could be due to profit booking). Short term trend continues to remain Bullish and stop loss may be trailed to 4750 (on close basis). Nifty spot is expected to encounter resistance at 4895, 4930 and 4965 and find support at 4805, 4770 and 4735 for Thurssday. Infy results would set the trend for the day. While Global cues, Funds flow, Q3 results are expected to broadly guide the market movement, Market might display volatile movements with subdued / bearish trend in general with better midsession.
Review for Wednesday, 11th January, 2012::
After massive gain on Tuesday, market cooled off yesterday with lackluster movement and closed flat for the day with a modest gain of about 10 points. However, broader market is quite strong, as has been the case recently, with Advance Decline ratio placed at 2:1. FMCG and IT stocks dragged the index down while Realty, Metal and Bank stocks gained. Infy looked weak ahead of quarterly results. Reliance and Axis Bank contributed 10 points to Nifty while Infy and TCS dragged Nifty down with a negative contribution of more than 10 points. Hindalco, Sesagoa, BPCL, Sterlite and Axis were the major gainers among Nifty stocks while TCS, Powergrid, Jindal Steel, Grasim remained as major losers. Among F&O stocks. Indain Bank, Tata Chem, TCS and Ultracem closed in the red with higher Open Interest indicating Bearishness while IB Real estate, DishTV, Jain irrigation and Arvind gained with additional Open Interest indicating build up Long positions.
Astro Info:: Tithi :: Pushya Bahula Tadiya upto 10.40 and Chavithi thereafter :: Day :: Thursday :: Nakshatra :: Makha (Moon in Leo ).
Persons born in Krittika, UTtara and Uttarashadha constellations and Leo and Sagittarius signs are advised to be alert in their dealings.
Market Outlook for 12.1.12 :: Generally Subdued … Midsession Better …!!!
Nifty closed nearly flat after a day of Strong gains. Q3 results season would be starting with Infy set to declared results on Thursday and the stock looked nerous ahead of results (could be due to profit booking). Short term trend continues to remain Bullish and stop loss may be trailed to 4750 (on close basis). Nifty spot is expected to encounter resistance at 4895, 4930 and 4965 and find support at 4805, 4770 and 4735 for Thurssday. Infy results would set the trend for the day. While Global cues, Funds flow, Q3 results are expected to broadly guide the market movement, Market might display volatile movements with subdued / bearish trend in general with better midsession.
Review for Wednesday, 11th January, 2012::
After massive gain on Tuesday, market cooled off yesterday with lackluster movement and closed flat for the day with a modest gain of about 10 points. However, broader market is quite strong, as has been the case recently, with Advance Decline ratio placed at 2:1. FMCG and IT stocks dragged the index down while Realty, Metal and Bank stocks gained. Infy looked weak ahead of quarterly results. Reliance and Axis Bank contributed 10 points to Nifty while Infy and TCS dragged Nifty down with a negative contribution of more than 10 points. Hindalco, Sesagoa, BPCL, Sterlite and Axis were the major gainers among Nifty stocks while TCS, Powergrid, Jindal Steel, Grasim remained as major losers. Among F&O stocks. Indain Bank, Tata Chem, TCS and Ultracem closed in the red with higher Open Interest indicating Bearishness while IB Real estate, DishTV, Jain irrigation and Arvind gained with additional Open Interest indicating build up Long positions.
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