MARKET VIEW FOR 14th JULY 2011

MARKET SAW VERY STRONG AND STABLE SESSION WITH BUYING IN ALMOST ALL SECTORS.EVEN THOUGH VOLATILE,BUT MARKET MANAGED TO INCHED UP GRADUALLY AT THE END OF THE DAY. THE NIFTY CLOSED AT 5585 UP 59 POINTS & THE SENSEX AT CLOSED AT 18596,UP 184 POINTS.MARKET BREADTH WAS POSITIVE AND FIIs WERE NET BUYERS.


THE RANGE FOR NIFTY FOR TODAY SHALL BE 5570-5630,ABOVE THE UPPER LIMIT NIFTY MAY HAVE RESISTANCE AT 5690 AND BELOW 5570 THE SUPPORT FOR THE NIFTY MAY COME AT 5540 & STRONG SUPPORT AT THE 2 DAYS BACK LOW MADE AT 5495.MANY SHARES HAVE GIVEN TECHNICALLY BULLISH BREAKOUT,WHICH INDICATES, GOING FORWARD MARKET WILL GIVE BULLISH BREAK-OUT.


REMEMBER FEW DAYS BACK I HAVE MENTIONED THAT THE RANGE FOR THE NIFTY FOR THE JULY SERIES SHALL BE 5470-5930, IF NIFTY SUSTAINS AND CLOSES ABOVE 5600-5620 TODAY,THEN SHORT TERM TREND WILL AGAIN BE UP AND THAT WILL LEAD NIFTY HIGHER END OF THE RANGE 5930++(NOTE APRIL HIGH WAS 5944).SERIES OF GLOBAL EVENTS AND CUES SHALL GUIDE THE MARKET GOING FORWARD.AS THE COMMODITY PRICES LIKE CRUDE ETC RISE,INDIAN MARKETS SHALL WITNESS THE PRESSURE FROM TIME TO TIME.


HOWEVER IT IS IMPORTANT TO NOTE THAT IT WILL BE VERY WISE TO TRADE ON STRADDLE i.e, buy both CE & PE of Nifty 5600 for july series, till 26th July on which RBI will deliver its credit policy update. Hence till then one can play upon Straddle, which will give much better retuns on such volatility.


FOLLOWING STOCKS LOOK GOOD TO BUY TO PLAY FOR POSITIVE MOMENTUM FOR 3-5 DAYS OR TILL 5740-5930:


ITC MAY RISE TO 210-215+++
SBI MAY RISE TO 2520-2550+
LIC HOUSING MAY RISE TO 335-340+
APIL MAY RISE TO 580-600+++
TECH MAHIND MAY RISE TO 760-770++


NEWS BASED PUNTER'S CALL: BUY ASIAN PAINT FUTURE AROUND 3140-3120-3100 KEEPING STOP-LOSS OF 3070 FOR THE TARGET OF 3200-3250-3300+++ VERY SOON.


ASTROLOGICALLY: As said earlier, yesterday, there may be buying at the end of the day, the same was found correct. Nifty managed to close almost near the top. There was buying in the almost all sectors. 
On 14th July 2011 at 9.00AM, at Mumbai, the Ascendant, Leo 5deg 3min has separating Trine aspect(128deg) by Moon and Applying Trine aspect(112deg) by Jupiter, moreover Neptune, keeps on opposing (182deg). Its shows no conviction but the buying will continue. Applying aspect of Moon to Jupiter is the only point, which shows that any thing bought in these 2days shall give some profits to players. There will be buying and stocks will inch-up. Buying of CE shall certainly give profits.       
 Note: Any applying aspect of Moon to Jupiter will be, good but weak(means not very convincing) but any applying aspect of Jupiter to Moon Shall give much-much big move in sentiment(it may be both positive or negative).CHECK THE ASPECT JUST A DAY  BEFORE RBI MEET ON 26TH(i.e., on 25th July when Moon conjoins Jupiter). Similarly any relation of Moon to Saturn in similar pattern shall give converse results. Hence Moon, Saturn and Jupiter play an important role in overall trend. 





Since the stock/commodity market is very dynamic  predicting a very small range(say intra-day or intra-hour) is highly complex and requires application of Ashtakvarga, Triptak-Vedha Chakra, and Sudarshan Charkra of NSE & BSE. All researchers shall attempt to find out the complex relationship, which will unfold the keys to success.

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