Posted by Indrodeep Banerjee on August 30, 2010
Total Views - 48
Lagna – Virgo with Saturn Mars & Venus
Fourth – Rahu
Seventh – Jupiter Retro
Eighth – Moon
Tenth – Ketu
Twelveth – Sun & Mercury Retro
Nakshatra – Bharani
Lagna with Venus saturn and mars may give weak opening amidst extreme volatility.
Banking and financials may gain some strength in opening trade but may not sustain the same till the mid session.
Oil and Gas with steel cement and automobiles may trade strongly followed by banking sector amidst overall weakness.
Posted by Indrodeep Banerjee on
Total Views - 55
The previous market session closed on a flat note after a gap up opening, after the opening markets turned weak and volatile which led the markets to slip into the negative terrirory before closing flat with marginal gains.
It closed below the 5 DMA and 20 DMA levels and RSI around 12, indicating that the weakness is likely continue in the market.
5200 is acting as a strong support in the downside while short term support for the market seems to have been broken, positive trend is not expected to continue unless markets sustain above 5411 in two more trading sessions and give a weelky closing above 5462.
Nifty finally closed at 5415.45
gaining 7 points or 0.12%
With Advance-Decline Ratio in favor of the bulls
Trading Strategy in Nifty
Intraday Support for the market shall be 5376 & 5338.
While the market will experience resistance at 5462 & 5500.
Best Strategy shall be to:-
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Posted by Indrodeep Banerjee on August 28, 2010
Total Views - 102
Lagna - Virgo with Saturn Mars & Venus
Fourth – Rahu
Seventh – Jupiter Retro
Eighth – Moon
Tenth – Ketu
Twelveth – Sun & Mercury Retro
Nakshatra – Revati
mercury with sun in twleveth house may give negative opening amidst extreme volatility, banking and financials may plunge down in opening trade but may gather buying interest in the mid session to recover from the early losses. Oil and Gas with steel cement and automobiles may help the markets to recover strength and gain positive momentum followed by banking sectors in the mid session. But the markets may again slip during the closing session.
Posted by Indrodeep Banerjee on
Total Views - 49
The previous market session closed on an extremely weak note after a gap down opening, after the opening markets turned positive on early buying but failed to gain sustained buying spree at the higher levels which led the markets into heavy sell off on rumours of FII selloff and weak economic datas from US.
It closed below the 5 DMA and 20 DMA levels and RSI around 10, indicating that the weakness may continue in the market market after a deadcat bounce on monday morning.
5200 is acting as a strong support in the downside while short term support for the market seems to have been broken, positive trend is not expected to continue unless markets sustain above 5411 in next three trading sessions.
Nifty finally closed at 5408.70
loosing 69 points or 1.26 %
With Advance-Decline Ratio in favor of the bears
Trading Strategy in Nifty
Intraday Support for the market shall be 5362 & 5318.
While the market will experience resistance at 5451 & 5488.
Best Strategy shall be to:-
Buy/Sell Calls For subscribers only 09415681544
Posted by Indrodeep Banerjee on August 27, 2010
Total Views - 48
The previous market session closed on a positive note after a positive opening, after the opening markets turned range bound but failed to gain sustained buying spree at the higher levels with strong support at 5462.
It closed below the 5 DMA but above 20 DMA levels and RSI around 40, indicating that the market is looking to continue its positive journey ahead.
5371 is acting as a strong support in the downside while 5448 is acting as short term support for the market which will be decisive in confirming the trend reversal incase it gets broken on the downside on closing basis.
Nifty finally closed at 5477.90
gaining 05 points or 0.09 %
With Advance-Decline Ratio in favor of the bulls
Trading Strategy in Nifty
Intraday Support for the market shall be 5448 & 55411.
While the market will experience resistance at 5488 & 5523.
Best Strategy shall be to:-
Buy/Sell Calls For subscribers only 09415681544
Posted by Indrodeep Banerjee on August 6, 2010
Total Views - 148
The previous market session closed on a marginal negative note after a flat opening, after the opening markets turned positive but failed to sustain the buying spree at the higher levels and markets started slipping after the mid session of the days session which dragged the markets to end with marginal loss.
It closed above the 5 DMA and 20 DMA levels and RSI around 40, indicating that the market is looking extremely volatile and news driven in the coming days.
5200 is acting as a strong support in the downside while 5371 is acting as short term support for the market which will be decisive in confirming the trend reversal incase it gets broken on the downside on closing basis.
Astrologically Click Here To Read Full Article »
Posted by Indrodeep Banerjee on August 4, 2010
Total Views - 129
The previous market session closed on a strong note after a gap up opening, after the gap up opening markets turned lack luster and volatile but short covering rally during the last half an hour of the days session helped markets to surge up and end near the day’s highs.
It closed above the 5 DMA and 20 DMA levels and RSI around 87, indicating that the market is looking extremely volatile and news driven in the coming days. Click Here To Read Full Article »
