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
Wednesday, January 18, 2012
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.
Tuesday, January 10, 2012
Review and Outlook
Market Review for Tuesday, 10th January, 2012 ::
Market came out of the narrow range and closed with a huge gain of more than 100 points to close at 4850. 47of Nifty 50 stocks closed in the green and about 11 stocks closed with a gain of more than 4%. Broader market was very strong with Advance Decline ratio placed at 5:1. Reliance and ICICI Bank together contributed more than 25 points to Nifty’s rise. RPower, M&M, Rel Infra, Hindalco remained as major gainers. 3I Infotec, IRB, KFA, Jindal Steel were the major gainers among F&O stocks.
Market Outlook for Wednesday, 11th January, 2012 :: Opening Session Better… Midsession Subdued …!!!
Nifty closed with a gain of more than 100 points and came out of the recent narrow range. Short term trend continues to remain Bullish and stop loss may be trailed to 4705. Nifty spot is expected to encounter resistance at 4885, 4920 and 4955 and find support at 4815, 4780 and 4745 for Wednesday. While Global cues, Funds flow are expected to broadly guide the market movement, Market might display volatile movements with further uptrend in the Opening Session and subdued mid session (retracement) .
Market came out of the narrow range and closed with a huge gain of more than 100 points to close at 4850. 47of Nifty 50 stocks closed in the green and about 11 stocks closed with a gain of more than 4%. Broader market was very strong with Advance Decline ratio placed at 5:1. Reliance and ICICI Bank together contributed more than 25 points to Nifty’s rise. RPower, M&M, Rel Infra, Hindalco remained as major gainers. 3I Infotec, IRB, KFA, Jindal Steel were the major gainers among F&O stocks.
Market Outlook for Wednesday, 11th January, 2012 :: Opening Session Better… Midsession Subdued …!!!
Nifty closed with a gain of more than 100 points and came out of the recent narrow range. Short term trend continues to remain Bullish and stop loss may be trailed to 4705. Nifty spot is expected to encounter resistance at 4885, 4920 and 4955 and find support at 4815, 4780 and 4745 for Wednesday. While Global cues, Funds flow are expected to broadly guide the market movement, Market might display volatile movements with further uptrend in the Opening Session and subdued mid session (retracement) .
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