Important view of nifty/bank nifty /Astro view for 3rd May 13…RBI policy reviewToday FII'S bought Net 663 cr in index futures and sold net 763 cr in stock futures. so heavy buying by FIIs in cash and in index futures...We have credit policy tomorrow where all bankers and analysts expect 0.25% rate cut which, if comes will be on expected lines but language and future guidelines of RBI will be important to get hint of next rate cuts …watch…
Currently at on 2/5/13…23.30 hrs, DOW is 14828 up by 127 highest in history and SGX is 6020 up by 12 points
Bank Nifty
Tomorrow hopefully market will gap up opening. After policy announcement at 11.00 am… the market will either crash or go up. Now bank nifty as already up by 1800 points in last 15-18 days…So we have to react before the event…so once 0.25 rate cut declared then start selling bank nifty will go down to 12500 ( reaction of 300 -400 points from top) on the day and 12000 in next 2-3 days…If rate cut is 0.50 which is rare chance then bank nifty will go up 13000+ which will be highest in Indian history….My view is chances are less…watch…
NIFTY
Similarly, Nifty, in last 15-16 sessions…Nifty was 14 days up and only 1 days down…Now before the event the market has rallied from 5470 to 6000 levels. We will see 95% of the market will start consolidating in a good case scenario. In a bad scenario you will see a 60-80 point decline on Nifty.
NIFTY Spot Range for 03/05/13
5970-6050 keeping stop loss at 6080. We will see nifty down to 5800-5850 in next 2-3 days.
Bank Nifty range for 03/05/13
Opening will be at 12800 and it may go up to 12900 and after policy declaration down to 12500 on low after that may be 12300 after policy…12000 with in next 2- 3 days
Call and Put strategy for Bank Nifty
Buy 12400 pe or 12500 pe and 13500 call. I suggest 13500 call because when policy come then movement happen and bank nifty will trade up and down for 10 min with 400 point.
Past Historical data of RBI policy and Bank Nifty.
1 We had RBI meeting on 29/1/13. Bank nifty was highest of history 12960 , where Jupiter was strong up to 30th January 13 and from top it has gone down to 11400 on 28/2/13 where we have Saturn retro from 18th Feb 13.
2 We had RBI meeting on 19/3/13. Bank nifty was 11400 on 1st March 13 and went up to 12200 on 19/3/13 , RBI meeting date and down to 10900 on 10th April.
3 Now we have RBI meeting on 3/5/13..Bank nifty went up by 1800 points in 15-18 days and now today closed at 12709. Bank nifty was up by 984 points from 15th to 18th April 13.
4 Bank nifty was high 12900 in Sept 2009
Finally...watch tv …watch charts…see nifty and Bank nifty… see RBI news at 10.30 am onwards...if 0.25 rate cut at 10.59 am... sell sell sell... graph will go down and again go down...
As per my Monday’s posting of NIFTY/Astro view…market is down on FRIDAY, 3rd May 13
PS: The information/views mentioned are believed to be reliable and best of my knowledge/ information but no liability is accepted for any errors. Those who have not comfortable with my posting, please stay away from all above tips.
Good Luck, have a wonderful and PROFITABLE trading day...
Currently at on 2/5/13…23.30 hrs, DOW is 14828 up by 127 highest in history and SGX is 6020 up by 12 points
Bank Nifty
Tomorrow hopefully market will gap up opening. After policy announcement at 11.00 am… the market will either crash or go up. Now bank nifty as already up by 1800 points in last 15-18 days…So we have to react before the event…so once 0.25 rate cut declared then start selling bank nifty will go down to 12500 ( reaction of 300 -400 points from top) on the day and 12000 in next 2-3 days…If rate cut is 0.50 which is rare chance then bank nifty will go up 13000+ which will be highest in Indian history….My view is chances are less…watch…
NIFTY
Similarly, Nifty, in last 15-16 sessions…Nifty was 14 days up and only 1 days down…Now before the event the market has rallied from 5470 to 6000 levels. We will see 95% of the market will start consolidating in a good case scenario. In a bad scenario you will see a 60-80 point decline on Nifty.
NIFTY Spot Range for 03/05/13
5970-6050 keeping stop loss at 6080. We will see nifty down to 5800-5850 in next 2-3 days.
Bank Nifty range for 03/05/13
Opening will be at 12800 and it may go up to 12900 and after policy declaration down to 12500 on low after that may be 12300 after policy…12000 with in next 2- 3 days
Call and Put strategy for Bank Nifty
Buy 12400 pe or 12500 pe and 13500 call. I suggest 13500 call because when policy come then movement happen and bank nifty will trade up and down for 10 min with 400 point.
Past Historical data of RBI policy and Bank Nifty.
1 We had RBI meeting on 29/1/13. Bank nifty was highest of history 12960 , where Jupiter was strong up to 30th January 13 and from top it has gone down to 11400 on 28/2/13 where we have Saturn retro from 18th Feb 13.
2 We had RBI meeting on 19/3/13. Bank nifty was 11400 on 1st March 13 and went up to 12200 on 19/3/13 , RBI meeting date and down to 10900 on 10th April.
3 Now we have RBI meeting on 3/5/13..Bank nifty went up by 1800 points in 15-18 days and now today closed at 12709. Bank nifty was up by 984 points from 15th to 18th April 13.
4 Bank nifty was high 12900 in Sept 2009
Finally...watch tv …watch charts…see nifty and Bank nifty… see RBI news at 10.30 am onwards...if 0.25 rate cut at 10.59 am... sell sell sell... graph will go down and again go down...
As per my Monday’s posting of NIFTY/Astro view…market is down on FRIDAY, 3rd May 13
PS: The information/views mentioned are believed to be reliable and best of my knowledge/ information but no liability is accepted for any errors. Those who have not comfortable with my posting, please stay away from all above tips.
Good Luck, have a wonderful and PROFITABLE trading day...Currently at on 2/5/13…23.30 hrs, DOW is 14828 up by 127 highest in history and SGX is 6020 up by 12 points
Bank Nifty
Tomorrow hopefully market will gap up opening. After policy announcement at 11.00 am… the market will either crash or go up. Now bank nifty as already up by 1800 points in last 15-18 days…So we have to react before the event…so once 0.25 rate cut declared then start selling bank nifty will go down to 12500 ( reaction of 300 -400 points from top) on the day and 12000 in next 2-3 days…If rate cut is 0.50 which is rare chance then bank nifty will go up 13000+ which will be highest in Indian history….My view is chances are less…watch…
NIFTY
Similarly, Nifty, in last 15-16 sessions…Nifty was 14 days up and only 1 days down…Now before the event the market has rallied from 5470 to 6000 levels. We will see 95% of the market will start consolidating in a good case scenario. In a bad scenario you will see a 60-80 point decline on Nifty.
NIFTY Spot Range for 03/05/13
5970-6050 keeping stop loss at 6080. We will see nifty down to 5800-5850 in next 2-3 days.
Bank Nifty range for 03/05/13
Opening will be at 12800 and it may go up to 12900 and after policy declaration down to 12500 on low after that may be 12300 after policy…12000 with in next 2- 3 days
Call and Put strategy for Bank Nifty
Buy 12400 pe or 12500 pe and 13500 call. I suggest 13500 call because when policy come then movement happen and bank nifty will trade up and down for 10 min with 400 point.
Past Historical data of RBI policy and Bank Nifty.
1 We had RBI meeting on 29/1/13. Bank nifty was highest of history 12960 , where Jupiter was strong up to 30th January 13 and from top it has gone down to 11400 on 28/2/13 where we have Saturn retro from 18th Feb 13.
2 We had RBI meeting on 19/3/13. Bank nifty was 11400 on 1st March 13 and went up to 12200 on 19/3/13 , RBI meeting date and down to 10900 on 10th April.
3 Now we have RBI meeting on 3/5/13..Bank nifty went up by 1800 points in 15-18 days and now today closed at 12709. Bank nifty was up by 984 points from 15th to 18th April 13.
4 Bank nifty was high 12900 in Sept 2009
Finally...watch tv …watch charts…see nifty and Bank nifty… see RBI news at 10.30 am onwards...if 0.25 rate cut at 10.59 am... sell sell sell... graph will go down and again go down...
As per my Monday’s posting of NIFTY/Astro view…market is down on FRIDAY, 3rd May 13
PS: The information/views mentioned are believed to be reliable and best of my knowledge/ information but no liability is accepted for any errors. Those who have not comfortable with my posting, please stay away from all above tips.
Good Luck, have a wonderful and PROFITABLE trading day...
Currently at on 2/5/13…23.30 hrs, DOW is 14828 up by 127 highest in history and SGX is 6020 up by 12 points
Bank Nifty
Tomorrow hopefully market will gap up opening. After policy announcement at 11.00 am… the market will either crash or go up. Now bank nifty as already up by 1800 points in last 15-18 days…So we have to react before the event…so once 0.25 rate cut declared then start selling bank nifty will go down to 12500 ( reaction of 300 -400 points from top) on the day and 12000 in next 2-3 days…If rate cut is 0.50 which is rare chance then bank nifty will go up 13000+ which will be highest in Indian history….My view is chances are less…watch…
NIFTY
Similarly, Nifty, in last 15-16 sessions…Nifty was 14 days up and only 1 days down…Now before the event the market has rallied from 5470 to 6000 levels. We will see 95% of the market will start consolidating in a good case scenario. In a bad scenario you will see a 60-80 point decline on Nifty.
NIFTY Spot Range for 03/05/13
5970-6050 keeping stop loss at 6080. We will see nifty down to 5800-5850 in next 2-3 days.
Bank Nifty range for 03/05/13
Opening will be at 12800 and it may go up to 12900 and after policy declaration down to 12500 on low after that may be 12300 after policy…12000 with in next 2- 3 days
Call and Put strategy for Bank Nifty
Buy 12400 pe or 12500 pe and 13500 call. I suggest 13500 call because when policy come then movement happen and bank nifty will trade up and down for 10 min with 400 point.
Past Historical data of RBI policy and Bank Nifty.
1 We had RBI meeting on 29/1/13. Bank nifty was highest of history 12960 , where Jupiter was strong up to 30th January 13 and from top it has gone down to 11400 on 28/2/13 where we have Saturn retro from 18th Feb 13.
2 We had RBI meeting on 19/3/13. Bank nifty was 11400 on 1st March 13 and went up to 12200 on 19/3/13 , RBI meeting date and down to 10900 on 10th April.
3 Now we have RBI meeting on 3/5/13..Bank nifty went up by 1800 points in 15-18 days and now today closed at 12709. Bank nifty was up by 984 points from 15th to 18th April 13.
4 Bank nifty was high 12900 in Sept 2009
Finally...watch tv …watch charts…see nifty and Bank nifty… see RBI news at 10.30 am onwards...if 0.25 rate cut at 10.59 am... sell sell sell... graph will go down and again go down...
As per my Monday’s posting of NIFTY/Astro view…market is down on FRIDAY, 3rd May 13
PS: The information/views mentioned are believed to be reliable and best of my knowledge/ information but no liability is accepted for any errors. Those who have not comfortable with my posting, please stay away from all above tips.
Good Luck, have a wonderful and PROFITABLE trading day...
Currently at on 2/5/13…23.30 hrs, DOW is 14828 up by 127 highest in history and SGX is 6020 up by 12 points
Bank Nifty
Tomorrow hopefully market will gap up opening. After policy announcement at 11.00 am… the market will either crash or go up. Now bank nifty as already up by 1800 points in last 15-18 days…So we have to react before the event…so once 0.25 rate cut declared then start selling bank nifty will go down to 12500 ( reaction of 300 -400 points from top) on the day and 12000 in next 2-3 days…If rate cut is 0.50 which is rare chance then bank nifty will go up 13000+ which will be highest in Indian history….My view is chances are less…watch…
NIFTY
Similarly, Nifty, in last 15-16 sessions…Nifty was 14 days up and only 1 days down…Now before the event the market has rallied from 5470 to 6000 levels. We will see 95% of the market will start consolidating in a good case scenario. In a bad scenario you will see a 60-80 point decline on Nifty.
NIFTY Spot Range for 03/05/13
5970-6050 keeping stop loss at 6080. We will see nifty down to 5800-5850 in next 2-3 days.
Bank Nifty range for 03/05/13
Opening will be at 12800 and it may go up to 12900 and after policy declaration down to 12500 on low after that may be 12300 after policy…12000 with in next 2- 3 days
Call and Put strategy for Bank Nifty
Buy 12400 pe or 12500 pe and 13500 call. I suggest 13500 call because when policy come then movement happen and bank nifty will trade up and down for 10 min with 400 point.
Past Historical data of RBI policy and Bank Nifty.
1 We had RBI meeting on 29/1/13. Bank nifty was highest of history 12960 , where Jupiter was strong up to 30th January 13 and from top it has gone down to 11400 on 28/2/13 where we have Saturn retro from 18th Feb 13.
2 We had RBI meeting on 19/3/13. Bank nifty was 11400 on 1st March 13 and went up to 12200 on 19/3/13 , RBI meeting date and down to 10900 on 10th April.
3 Now we have RBI meeting on 3/5/13..Bank nifty went up by 1800 points in 15-18 days and now today closed at 12709. Bank nifty was up by 984 points from 15th to 18th April 13.
4 Bank nifty was high 12900 in Sept 2009
Finally...watch tv …watch charts…see nifty and Bank nifty… see RBI news at 10.30 am onwards...if 0.25 rate cut at 10.59 am... sell sell sell... graph will go down and again go down...
As per my Monday’s posting of NIFTY/Astro view…market is down on FRIDAY, 3rd May 13
PS: The information/views mentioned are believed to be reliable and best of my knowledge/ information but no liability is accepted for any errors. Those who have not comfortable with my posting, please stay away from all above tips.
Good Luck, have a wonderful and PROFITABLE trading day...Currently at on 2/5/13…23.30 hrs, DOW is 14828 up by 127 highest in history and SGX is 6020 up by 12 points
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