ALL VIEWERS & READERS OF THIS BLOG SHOULD READ THE FULL CONTENTS AND PREVIOUS POSTINGS TO GET THE COMPLETE IDEA AND PICTURE OF WHAT IS HAPPENING. AS SAID EARLIER THE MARKET IS POISED TO DRIFT DOWN AND DOWN BOTH CONCLUDED ASTROLOGICALLY AND FUNDAMENTALLY.
NIFTY MAY CRACK TO 4900-4800 & SENSEX TO 16000-15700 BY NEXT 3-4 WEEKS.THERE WILL BE INTENSE SELLING AND GRADUAL SHIFT DOWNWARDS BREAKING EVERY SUPPORT BY NEXT 3-4 WEEKS WITH SPIKES OF SHORT COVERING.
REMEMBER THE POSTING OF THE 12TH MAY WARNING FOR DECEPTIVE MOVE IN WEEKS TO COME. FOLLOWING IS THE EXTRACTS OF THE POSTING FOR YOUR REFERENCE:
CAUTION CAUTION CAUTION: A DECEPTIVE MARKET AHEAD.PARTIAL SOLAR ECLIPSE ON 1ST JUNE AND TOTAL LUNAR ECLIPSE ON 15TH JUNE ARE THE TWO MAJOR ASTROLOGICAL EVENTS WHICH SHALL CAUSE HUGE DECEPTIVE MOVE AND UNCERTAINTY IN THE STOCK AND COMMODITY MARKET,EFFECT OF WHICH SHALL START FROM AT LEAST 15 DAYS PRIOR TO IT AND SHALL END AFTER 15 DAYS.
JUPITER HAS TRANSITED TO ARIES ON 8TH MAY, RAHU HAS TRANSITED TO SCORPIO ON 6TH MAY, MARS ENTERED ARIES ON 3RD MAY, AND MERCURY TRANSITED ON 11TH MAY. CONJUNCTION OF MARS AND JUPITER IS BULLISH FOR THE MARKET HOWEVER SOLAR ECLIPSE IN TAURUS IS VERY POOR FOR THE MARKETS.
NIFTY WILL SEE A HUGE VOLATILITY IN DAYS TO COME AND THE RANGE WILL BE 5200 TO 5750.THERE WILL BE DECEPTION IN THE MARKETS. IF THE MARKET IS POSITIVE THERE WILL BE SUDDEN CRACK DECEIVING THE BULLS AND VICE-VERSA. NO LARGE POSITION IS SUGGESTED ON EITHER SIDE.HOWEVER ONE CAN BUY PE5600, PE5500 FOR BOTH MAY & JUNE SERIES TO COVER AT THE LOWER LEVELS.
BANKING SHARES SHOULD BE AVOIDED FOR INVESTMENT AT THESE LEVELS AS THERE WILL BE 7% TO 10% DECLINE FROM THE CURRENT LEVELS AROUND ECLIPSE DATES.
TODAY ON 12TH MAY MARKETS SHALL BE WEAK AND SECOND HALF SHALL BE LESS WEAKER THAN FIRST HALF. HENCE NO BUYING IS SUGGESTED FOR TODAY.RANGE FOR THE NIFTY TODAY SHALL BE 5450 TO 5550.BUYING PUTS SHALL GIVE PROFITS TODAY.NOTE: THIS MAY BE LAST EXIT POINT TODAY FOR THE LONGS IN THE MARKET.
Safe Harbor Statement:
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.
NIFTY MAY CRACK TO 4900-4800 & SENSEX TO 16000-15700 BY NEXT 3-4 WEEKS.THERE WILL BE INTENSE SELLING AND GRADUAL SHIFT DOWNWARDS BREAKING EVERY SUPPORT BY NEXT 3-4 WEEKS WITH SPIKES OF SHORT COVERING.
REMEMBER THE POSTING OF THE 12TH MAY WARNING FOR DECEPTIVE MOVE IN WEEKS TO COME. FOLLOWING IS THE EXTRACTS OF THE POSTING FOR YOUR REFERENCE:
CAUTION CAUTION CAUTION: A DECEPTIVE MARKET AHEAD.PARTIAL SOLAR ECLIPSE ON 1ST JUNE AND TOTAL LUNAR ECLIPSE ON 15TH JUNE ARE THE TWO MAJOR ASTROLOGICAL EVENTS WHICH SHALL CAUSE HUGE DECEPTIVE MOVE AND UNCERTAINTY IN THE STOCK AND COMMODITY MARKET,EFFECT OF WHICH SHALL START FROM AT LEAST 15 DAYS PRIOR TO IT AND SHALL END AFTER 15 DAYS.
JUPITER HAS TRANSITED TO ARIES ON 8TH MAY, RAHU HAS TRANSITED TO SCORPIO ON 6TH MAY, MARS ENTERED ARIES ON 3RD MAY, AND MERCURY TRANSITED ON 11TH MAY. CONJUNCTION OF MARS AND JUPITER IS BULLISH FOR THE MARKET HOWEVER SOLAR ECLIPSE IN TAURUS IS VERY POOR FOR THE MARKETS.
NIFTY WILL SEE A HUGE VOLATILITY IN DAYS TO COME AND THE RANGE WILL BE 5200 TO 5750.THERE WILL BE DECEPTION IN THE MARKETS. IF THE MARKET IS POSITIVE THERE WILL BE SUDDEN CRACK DECEIVING THE BULLS AND VICE-VERSA. NO LARGE POSITION IS SUGGESTED ON EITHER SIDE.HOWEVER ONE CAN BUY PE5600, PE5500 FOR BOTH MAY & JUNE SERIES TO COVER AT THE LOWER LEVELS.
BANKING SHARES SHOULD BE AVOIDED FOR INVESTMENT AT THESE LEVELS AS THERE WILL BE 7% TO 10% DECLINE FROM THE CURRENT LEVELS AROUND ECLIPSE DATES.
TODAY ON 12TH MAY MARKETS SHALL BE WEAK AND SECOND HALF SHALL BE LESS WEAKER THAN FIRST HALF. HENCE NO BUYING IS SUGGESTED FOR TODAY.RANGE FOR THE NIFTY TODAY SHALL BE 5450 TO 5550.BUYING PUTS SHALL GIVE PROFITS TODAY.NOTE: THIS MAY BE LAST EXIT POINT TODAY FOR THE LONGS IN THE MARKET.
MARKET CRACKED ON EARNINGS WORRIES COUPLED WITH SUBSIDY BURDEN ON UPSTREAM OIL COMPANIES,WHERE ON SPECULATION THAT ONGC WILL HAVE SHELL OUT MORE MONEY ON ACCOUNT OF SUBSIDY SHARING AND POOR RESULTS OF SBI SHOOK THE MARKETS.BOTH PSU ONGC AND SBI LOST MORE THAN 30000 CRORE OF MARKET-CAP.THERE WAS INTENSE SELLING ENDING NIFTY AT 5438.95 DOWN 60.05 AND SENSEX AT 18137 DOWN 207.68 ALL SECTORS LIKE OIL, BANKING AND OTHER SECTORS WERE IN RED.
WHAT NEXT????
ON FUNDAMENTAL TERMS:NOW THERE IS LACK OF CLARITY IN THE SECTOR WHICH MAY LEAD THE MARKET GOING FORWARD.BANKING, REALITY IS ALREADY SUPPRESSED, NOW OIL & GAS ALSO SURRENDERED, AUTO HAS ALREADY GOT HIT BY INTEREST RATE HIKE. NOW THERE REMAINS THE I.T. WHICH WAS ALREADY SHAKEN BY INFOSYS RESULTS.HENCE THERE REMAINS NO CLEAR VISIBILITY ON WHICH SECTOR IS TO LEAD.
ON TECHNICAL TERMS:NIFTY IF CLOSES BELOW 5450-70 WILL OPEN FOR 200 POINTS DOWN FALL.ON THE FALL NIFTY FUTURE ADDED 8%OPEN INTEREST SHORT SIDE.ALSO THE PE5500 SHED OPEN INTEREST.HENCE AGAIN 5350-5200 IS OPEN ON THE DOWN SIDE.
CONCLUSION: ONE SHOULD WAIT FOR MORE DOWN SIDE TO INITIATE FOR SHORT TERM BUYING AND BOUNCE BACK BY FRIDAY 20TH MAY 2011.
Safe Harbor Statement:
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.