SGX Nifty / Nifty Futures 23rd -27th Nov 2015

SGX Nifty

-200.14

SGX Nifty Nov Futures

11,885.75 -57.95    -0.49%

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 / Nifty Futures 23rd -27th Nov 2015

The all important Nov Series expiry comes up this week and as per our Stock Market analysis / Nifty Prediction we feel Nifty will end the Nov series target between 8000-8100 Spot Nifty levels. This week is a truncated week with Wednesday being a holiday so we only have three days remaining for this current series. Last week Nifty made a classic higher bottom at 7728 and then resumed the upward trajectory that has started on 29th Sept 2015. We are now awaiting final confirmation of SGX nifty / Nifty Futures Minor Trend reversal which will get confirmed once Nifty Spot takes out 7930 with volumes and some other criteria are completed.

Last week from 16th Nov 2015-24th Nov 2015 was a critical time cycle / astro cycle reversal zone and Nifty did oblige once again by honoring the level 1 geocosmic signatures. It was a 5 star critical reversal zone and we had clearly mentioned that when even 1 of the geocosmic signatures that are present are potent enough to change the trend imagine what 3 of them back to back will do. We see Nifty Dec series target at 8600 and on any panic / dip we are recommending / advising to Buy into Indian Stock markets as we do not see any major down move possible now on. The Nifty Open Interest and Nifty Options data clearly is indicating that most of Indian Stock Market participants are very heavily holding net short positions further they are not maintaining any stop losses for them and everyone has a consensus that Nifty wont cross 8100 and as per our historical sentiment indicator studies whenever the entire Stock Market participants think along the same lines and same direction each and every single time in history they have been trapped on the wrong side of the main trend. The Main Trend in Nifty Futures / SGX Nifty is bullish and hence when both the analysis combined it is amply clear that they are now trapped in short selling positions across the board.

Now let’s see what is in store for us this week as I said in my previous post Nifty once stable with volumes above 7930 Spot Nifty we could see sharp upside the Share Market News for upside trigger I do not know but surely we can look at the astro cycle indicators. Sun enters Sagittarius which is a sign of exaggeration, expansion and flamboyance. So whatever is the existing energy is going to be amplified and expanded. Right now due to powerful time and astro cycles Nifty made a higher bottom and started moving higher so with sun changing signs to Sagittarius it will just expand and pull the Indian Stock Markets and Global Stock Markets higher. Hence we can expect some positive news that could trigger sharp upside moves in the Global and Indian Stock markets. So once again caution is advised in short positions.

Good Trading To You!