Posted by Indrodeep Banerjee on May 27, 2010
Total Views - 442
The previous market session closed on a extremely positive note after a gap down opening, after a negative opening markets turned witnessing huge short coverings and strong buying on positive global cues which pulled the markets up to end high into the positive territory, marginally above 5000 levels, exactly in tune to our prediction of closing of this expiry marginally above 5000 levels as per that we predicted in our 24th May’s blog, thanks to Maa Kali and Lord Ganesha for our perfect astrological insight to determine the events in advance with outmost perfection.
It closed above the 5 DMA but below 20 DMA levels and RSI around 80, indicating that the market is looking extremely volatile ahead in the coming days, but this volatility is now likely to diminish within next two weeks and markets will consolidate during this time for another beginning of a positive trend. Forget the fake targets of fake analysts for nifty to fall to 4600 and 4100 levels, for the gods sake why these kind of analysts don’t stop mis guiding the innocent traders and investors.
As expected by us, 5200 is still likely to offer resistance to the markets for some more time. Markets slipped below 5200 mark right after our prediction of slipping below this level in our 3rd May’s blog and never gave closing above this level since then till date.
Astrologically Sun in Taurus, ruled by Venus and the ruler Venus in Gemini will bring buying interest in Click Here To Read Full Article »
Posted by Indrodeep Banerjee on May 25, 2010
Total Views - 252
The previous market session closed on a extremely weak note after a gap down opening, after a negative opening markets turned witnessing constant selling pressure on global worries which dragged the markets down to end deep into the reds breaking all the support levels.
It closed below the 5 DMA and 20 DMA levels and RSI around 16, indicating that the market is looking extremely volatile ahead in the coming days.
As expected by us, 5200 is likely to offer resistance to the markets for some more time. Markets slipped below 5200 mark right after our prediction of slipping below this level in our 3rd Mays blog and never gave closing above this level since then till date.
Astrologically Sun in Taurus, ruled by Venus and the ruler Venus in Gemini will bring buying interest in Gold, Silver, Copper, Banking, Financial, Sugar, Textile and FMCG stocks but selling pressure may be witnessed in automobile, pharma, oil & gas and cements sector stocks, while Jupiter in the Pisces may attract more buying interests in the banking sector and Gold in this month.
Nifty finally Click Here To Read Full Article »
Posted by Indrodeep Banerjee on May 24, 2010
Total Views - 366
The previous market session closed on a flat note after a huge gap up opening, after an extremely bullish opening markets started witnessing profit bookings which dragged the markets down to end flat loosing all the opening gains.
As expected by us, 5200 is likely to offer resistance to the markets for some more time. Markets slipped below 5200 mark right after our prediction of slipping below this level in our 3rd Mays blog and never gave closing above this level since then till date.
It closed below the 5 DMA and 20 DMA levels and RSI around 20, indicating that the market is looking extremely volatile ahead in the coming days. We may see the May series expiry to close marginally above the 5000 levels, presently 4898 is acting as support for the markets in short term.
Astrologically Sun in Taurus, ruled by Venus and the ruler Venus in Gemini will bring buying interest in Gold, Silver, Copper, Banking, Financial, Sugar, Textile and FMCG stocks but selling pressure may be witnessed in automobile, pharma, oil & gas and cements sector stocks, while Jupiter in the Pisces may attract more buying interests in the banking sector and Gold in this month.
Nifty finally closed at 4943.95
gaining 13 points or 0.26 %
With Advance-Decline Ratio in favor of Click Here To Read Full Article »
Posted by Indrodeep Banerjee on May 21, 2010
Total Views - 457
The previous market session closed on a weak note after a huge gap down opening, after an extremely negative opening markets started witnessing short coverings which helped the markets to recover from the early losses.
As expected by us, 5200 is likely to offer resistance to the markets for some more time. Markets slipped below 5200 mark right after our prediction of slipping below this level in our 3rd Mays blog and never gave closing above this level since then till date.
It closed below the 5 DMA and 20 DMA levels and RSI around 20, indicating that the market is looking extremely volatile ahead in the coming days. We may see the May series expiry to close marginally above the 5000 levels.
Astrologically Sun in Taurus, ruled by Venus and the ruler Venus in Gemini will bring buying interest in Gold, Silver, Copper, Banking, Financial, Sugar, Textile and FMCG stocks but selling pressure may be witnessed in automobile, pharma, oil & gas and cements sector stocks, while Jupiter in the Pisces may attract Click Here To Read Full Article »
Posted by Indrodeep Banerjee on May 18, 2010
Total Views - 339
The previous market session closed on a flat note after a flat opening, after a flat opening markets slipped into the reds during the early trading hours but buying came in near 5000 levels, which helped the markets to recover from the days lows in the days trading session but failed to sustain the higher levels on the lack of strong buying.
As expected by us, 5200 is likely to offer resistance to the markets for some more time, unless this level is surpassed with huge volume. Markets slipped below 5200 mark right after our prediction of slipping below this level in our 3rd Mays blog and never gave closing above this level since then till date.
It closed below the 5 DMA and 20 DMA levels and RSI around 20, indicating that the market is looking extremely volatile ahead in the coming days. We may see the May series expiry to close below the 5200 levels or at least below 5254, the previous expiry mark as per our astrological vision.
Astrologically Sun in Taurus, ruled by Venus and the ruler Venus in Gemini will bring buying interest in Gold, Silver, Copper, Banking, Financial, Sugar, Textile and FMCG stocks but selling pressure may be witnessed in automobile, pharma, oil & gas and cements sector stocks, while Jupiter in the Pisces may Click Here To Read Full Article »
Posted by Indrodeep Banerjee on May 17, 2010
Total Views - 315
The previous market session closed on a weak note after a gap down opening, after a negative opening markets witnessed strong buying interest at the lower levels which helped the markets to recover from the days lows in the days trading session during mid session of trading, traders resorted to value buying below 5000 levels.
As expected by us, 5200 is likely to offer resistance to the markets for some more time, unless this level is surpassed with huge volume.
It closed below the 5 DMA and 20 DMA levels and RSI around 20, indicating that the market is looking extremely volatile ahead in the coming days. We may see the May series expiry to close below the 5200 levels or at least below 5254, the previous expiry mark as per our astrological vision.
Astrologically Sun in Taurus, ruled by Venus and the ruler Venus in Gemini will bring buying interest in Gold, Silver, Copper, Banking, Financial, Sugar, Textile and FMCG stocks but selling pressure may be witnessed in automobile, pharma, oil & gas and cements sector stocks, while Jupiter in the Pisces may Click Here To Read Full Article »
Posted by Indrodeep Banerjee on May 14, 2010
Total Views - 546
The previous market session closed on a extremely weak note after a marginal gap down opening, after a marginal negative opening markets witnessed extreme weakness and lack of any buying interest in the days trading session, traders resorted to profit booking on markets failing to gain any buying interest. As expected by us, 5200 seems to offer resistance to the markets for some more time, unless this level is surpassed with huge volume.
It closed below the 5 DMA and 20 DMA levels and RSI around 30, indicating that the market is looking extremely volatile ahead in the coming days. We may see the May series expiry to close below the 5200 levels or at least below 5254, the previous expiry mark as per our astrological vision.
Astrologically Sun in Taurus, ruled by Venus and the ruler Venus in Gemini will bring buying interest in Gold, Silver, Copper, Banking, Financial, Sugar, Textile and FMCG stocks but selling pressure may be witnessed in automobile, pharma, oil & gas and cements sector stocks, while Jupiter in the Pisces may attract more buying interests in the banking sector and Gold in this month.
Nifty finally Click Here To Read Full Article »
Posted by Indrodeep Banerjee on May 12, 2010
Total Views - 330
The previous market session closed on a positive note after a marginal gap up opening, after a marginal positive opening markets witnessed extreme volatility in the days session as it was expected. 5200 seems to offer some resistance to the markets for some time, unless this level is surpassed with huge volume.
It closed above the 5 DMA but below 20 DMA levels and RSI around 70, indicating that the market is looking extremely volatile ahead in the coming days. We may see the May series expiry to close below the 5200 levels or at least below 5254, the previous expiry mark as per our astrological vision.
Astrologically Sun in Aries, ruled by Mars and the ruler Mars in debilitation in Cancer is resulting into erratic and directionless volatility in oil and gas, cements, capital goods, automobile and pharmaceutical sectors as predicted by us and the markets, but Jupiter in the Pisces may attract more buying interests in the banking sector in this month.
Nifty finally Click Here To Read Full Article »
Posted by Indrodeep Banerjee on May 11, 2010
Total Views - 282
The previous market session closed on a weak note after a gap down opening, after a marginal negative opening markets witnessed profit booking after the yesterdays spectacular upsurge. Today markets failed to sustain above 5200 levels on profit booking and 5200 seems to offer some resistance to the markets for some time, unless it is surpassed with huge volume. Our selling strategy to sell below 5178 for the target of 5146 fetched desired profits to the traders.
Last week the markets slipped totally in tune with our prediction for slipping below 5200 level as per our 3rd May’s blog and now yesterday it bounced back on our expectation of buying from the 5000 levels as per our 7th May’s blog. Today it slipped on profit booking after yesterdays upsurge.
It closed at the 5 DMA but below 20 DMA levels and RSI around 30, indicating that the market is looking extremely volatile ahead in the coming days. We may see the May series expiry to close below the 5200 levels or at least below 5254, the previous expiry mark as per our astrological vision.
Astrologically Sun in Aries, ruled by Mars and the ruler Mars in debilitation in Cancer is resulting into erratic and directionless volatility in oil and gas, cements, capital goods, automobile and pharmaceutical sectors as predicted by us and the markets, but Jupiter in the Pisces may attract more buying interests in the Click Here To Read Full Article »
Posted by Indrodeep Banerjee on May 10, 2010
Total Views - 414
The previous market session closed on a extremely strong note after a gap up opening, after a huge positive opening markets witnessed huge buying spree and it surged up as expected as per our Friday’s blog, in which we stated that markets will be attracting fresh buying at the current levels, having reached the oversold zone. And the markets today broke all resistance levels and soon bounced back to 5200 levels on huge buying spree and short coverings in the days trading session, with banking sector taking the lead as per our predictions.
Last week the markets slipped totally in tune with our prediction for slipping below 5200 level as per our 3rd May’s blog and now today it bounced back on our expectation of buying from the 5000 levels as per our 7th May’s blog. Alas what happened to all short sellers who went short inspite of our buy signal, when all the rest analysts were signaling for selling from Friday. this is where Astrological insight helps us in catching the market signals ahead of all others.
It closed above the 5 DMA but below 20 DMA levels and RSI around 70, indicating that the market is looking extremely volatile ahead in the coming days. Still we may see the May series expiry to close below the 5200 levels or at least below 5254, the previous expiry mark.
Astrologically Sun in Click Here To Read Full Article »
