ASTROLOGY GIVES IDEA OF THE BASIC HAPPENING IN THE COSMOS AND ITS IMPACT ON EARTH. TENSIONS IN THE MIDDLE EAST, EARTHQUAKE IN JAPAN, POLITICAL SITUATION IN INDIA, FALL IN GLOBAL COMMODITY PRICES AND SO ON...., BUT ITS REALLY VERY COMPLEX TO STUDY THE EFFECT ON FINANCIAL MARKETS.HOWEVER BROAD IMPACT COULD BE KNOWN IN ADVANCE TO HIGH DEGREE OF ACCURACY.
EARTHQUAKE IN JAPAN LED TO FALL IN THE ASIAN MARKETS AND SO IN INDIA BUT THE OVERALL IMPACT WILL BE FAR GOOD IN THE LONG TERM AS THERE WILL BE NEW GENERATION OF NEW DEMAND CYCLE, MORE EMPLOYMENT OF RESOURCES, INCREASED GLOBAL BUSINESS WHICH MAY LEAD TO ECONOMIC RECOVERY & GROWTH IN JAPAN AND REST OF THE WORLD.
FALL WAS PREDICTED FROM 7TH MARCH TO 18TH MARCH AND ALSO CAUTION WAS GIVEN TO ALL THOSE WHO TRADE ACTIVELY. AFTER THE WAVE OF PESSIMISM THERE WILL BE SHARP RECOVERY BUT BEFORE THAT THERE WILL INTENSE SELLING WHICH MAY GIVE GOOD OPPORTUNITY TO BUY FOR MEDIUM TERM.THIS IS THE REASON WHY STRADDLE IN NIFTY OPTIONS WAS SUGGESTED LAST WEEK FOR BUYING BOTH CALL(S) AND PUT(S) IN 5400 & 5300 STRIKE PRICES. THOSE WHO HAVE MADE POSITIONS WILL EARN SUFFICIENT AMOUNT ON FALL & RECOVERY OF MARKETS.
RANGE OF NIFTY NOT SUITABLE FOR TRADING IS 5380-5400 TO 5550-5600. NOTE THIS RANGE VERY CLEARLY, THOSE WHO WILL SHORT OR LONG IN THIS RANGE WILL HARDLY EARN ANY PROFIT IN A CONSISTENT MANNER, THATS WHY IT WAS ADVISED TO SIT ASIDE.
AS THE MARKET IS IN BEAR PHASE, NIFTY IS SUPPOSED TO GO BACK BELOW 5200 ANY TIME, UNLESS IT BREAKS ABOVE 5650 ON STRONG UPMOVE, ONE HAS TO WAIT FOR OPPORTUNITY TO ENTER IN THE MARKET AT THE LOWER LEVELS 5200-5000 OR ABOVE 5650. THOSE HOLDING STOCKS MAY EXIT AT AN OPPORTUNITY NEAR 5550-5600 WITH STOP LOSS OF 5650-5700.
FOR TODAY THERE WILL BE GAP DOWN OPENING AND NIFTY WILL DRIFT LOWER AND MAY FIND STABILITY NEAR 5380-5400.SECOND HALF SHALL BE MORE WEAK THAN FIRST HALF. SELLING/SHORTING ON RISE SHALL BE THE BEST PLAY FOR TODAY WITH STOP LOSS OF 5500-5520(INTRA-DAY BASIS).
Safe Harbor
Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.Nothing in this article is, or should be construed as, investment advice.
Disclaimer:
This is neither an offer nor a solicitation to purchase or sell securities. The information and views contained on this blog are believed to be reliable, but no responsibility (or liability) is accepted for errors of fact or opinion. Writers and contributors may be trading in, or have positions in the securities mentioned in their articles. Neither I (Vikas Srivastava) nor any of the contributors accepts any liability arising out of use of the above information/article. Reproduction in whole or in part without written permission is prohibited.
EARTHQUAKE IN JAPAN LED TO FALL IN THE ASIAN MARKETS AND SO IN INDIA BUT THE OVERALL IMPACT WILL BE FAR GOOD IN THE LONG TERM AS THERE WILL BE NEW GENERATION OF NEW DEMAND CYCLE, MORE EMPLOYMENT OF RESOURCES, INCREASED GLOBAL BUSINESS WHICH MAY LEAD TO ECONOMIC RECOVERY & GROWTH IN JAPAN AND REST OF THE WORLD.
FALL WAS PREDICTED FROM 7TH MARCH TO 18TH MARCH AND ALSO CAUTION WAS GIVEN TO ALL THOSE WHO TRADE ACTIVELY. AFTER THE WAVE OF PESSIMISM THERE WILL BE SHARP RECOVERY BUT BEFORE THAT THERE WILL INTENSE SELLING WHICH MAY GIVE GOOD OPPORTUNITY TO BUY FOR MEDIUM TERM.THIS IS THE REASON WHY STRADDLE IN NIFTY OPTIONS WAS SUGGESTED LAST WEEK FOR BUYING BOTH CALL(S) AND PUT(S) IN 5400 & 5300 STRIKE PRICES. THOSE WHO HAVE MADE POSITIONS WILL EARN SUFFICIENT AMOUNT ON FALL & RECOVERY OF MARKETS.
RANGE OF NIFTY NOT SUITABLE FOR TRADING IS 5380-5400 TO 5550-5600. NOTE THIS RANGE VERY CLEARLY, THOSE WHO WILL SHORT OR LONG IN THIS RANGE WILL HARDLY EARN ANY PROFIT IN A CONSISTENT MANNER, THATS WHY IT WAS ADVISED TO SIT ASIDE.
AS THE MARKET IS IN BEAR PHASE, NIFTY IS SUPPOSED TO GO BACK BELOW 5200 ANY TIME, UNLESS IT BREAKS ABOVE 5650 ON STRONG UPMOVE, ONE HAS TO WAIT FOR OPPORTUNITY TO ENTER IN THE MARKET AT THE LOWER LEVELS 5200-5000 OR ABOVE 5650. THOSE HOLDING STOCKS MAY EXIT AT AN OPPORTUNITY NEAR 5550-5600 WITH STOP LOSS OF 5650-5700.
FOR TODAY THERE WILL BE GAP DOWN OPENING AND NIFTY WILL DRIFT LOWER AND MAY FIND STABILITY NEAR 5380-5400.SECOND HALF SHALL BE MORE WEAK THAN FIRST HALF. SELLING/SHORTING ON RISE SHALL BE THE BEST PLAY FOR TODAY WITH STOP LOSS OF 5500-5520(INTRA-DAY BASIS).
Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.Nothing in this article is, or should be construed as, investment advice.
Disclaimer:
This is neither an offer nor a solicitation to purchase or sell securities. The information and views contained on this blog are believed to be reliable, but no responsibility (or liability) is accepted for errors of fact or opinion. Writers and contributors may be trading in, or have positions in the securities mentioned in their articles. Neither I (Vikas Srivastava) nor any of the contributors accepts any liability arising out of use of the above information/article. Reproduction in whole or in part without written permission is prohibited.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.