SGX Nifty 19th Oct 2015

SGX Nifty

94.03

Index Last High Low
Nifty Future Error parsing: Query returned empty response Error parsing: Query returned empty response Error parsing: Query returned empty response Error parsing: Query returned empty response
Nifty Future Error parsing: Query returned empty response Error parsing: Query returned empty response Error parsing: Query returned empty response Error parsing: Query returned empty response
CNX Nifty Spot 7879.50 7880.20 7837.70

SGX Nifty / SGX Nifty Live / Share Market Tips for 19th Oct 2015

SGX Nifty Opened higher today. SGX Nifty Live price Indicated corrective phase to continue. Share Market Tips / Advice is to Buy Sugar Stocks on dips (We could see a pullback of 300-450 Nifty points also possibly after some more upside during next few days so if you are trading on the basis of this post please trade using proper risk management systems). Nifty will touch 8800 and 7350 also but which one will come first? (All details have been updated to clients) Nifty today closed the day higher by 58 points at 8238 (Nifty 50 spot levels mentioned). Overall Nifty was lackluster for most of the day but in second half Nifty started rallying and almost touched 8245 (The High made on Monday around opening bell).

SGX Nifty Minor Trend Is Up. SGX Nifty Major Trend Is Up. From 29th Sep 2015 we have been advising to use dips to Buy but most traders and Janta have been selling on rise and have got trapped badly. Nifty has been all along from 29th Sept 2015 has been making clear higher tops and higher bottoms but no trader is willing to listen to the message being conveyed by Stock Markets, they are predicting and dictating their views to the market and hoping Nifty will turn down. I am sure if you only had followed our Stock Market advice / Nifty Prediction of being long in the Indian Stock Market you have made decent money instead of loosing huge money (I know most traders and investors are in total disbelief looking at 8250 on the screen today). Anyways I am once again clearly writing there will be numerous opportunities available in the coming days to make huge big money and to capitalize on those opportunities just join us and follow us. Some multi bagger opportunities are so huge that I do not see such a clear low risk opportunity at least for next 5-6 years. (What I am refereeing to is not sugar, Sugar will give 5X returns but there is also another one sector that will zoom like never before. 10X return will be min, more details have been given to PAS clients) and once again I am saying I am nor a bull nor a bear I am a student of the market if markets say Tezi so be it if markets say mandi so be it. It will be prudent to follow the Stock Market trend rather than expect it to follow your thinking. Most of the traders trapped today are arguing that Indian Economy is about to collapse (and I totally agree) but before it does Janta will be forced out of shorts.

Financial Astrology Update

On 23rd Oct 2015 Venus trines Pluto. Venus represents Money, Value and Pluto represents destruction of the current norms. By the way this is another level 1 geocosmic signature having high probability of changing trends.

USDINR Update

USDINR short term trend remains down but it has a critical support around 64.25-64.35 spot and if it holds that support for 4 trading days then we could see another up move in USDINR. Much will depend on what FED does in Oct 2015.

Crude Oil Update

Crude Oil Break below 42 $ will open the gates for 21 $ if that happens we must be buying Jet, Spice Jet more details later on this.

Sugar Sector Update

Buy Bajaj Hind, Renuka Sugar and EID Parry on dips. Accumulate these stocks you will only understand why I am so bullish on sugar sometime next year so just buy and hold. (all details on sugar sector have been given to clients)

Nifty 50 Constituents

State Bank of India, LT, BPCL, Yes Bank, Asian Paints, ACC, Maruti, HDFC, NTPC and Dr Reddy were leading Nifty today while Lupin, Adani, Idea, Bank of Baroda, Tata Steel, Hindustan Level, Coal India, Bharti Airtel, Tata Power and Vedanta were dragging Nifty today.

SGX Nifty Futures / SGX Nifty Charts / SGX Nifty Live updates are given below for ready reference.

Good Trading To You!