morning thoughts..
One can see the major effect of the transit that happened on 15th November 2011 and whole world is facing the jitters of Saturn transit into libra , global commodities have melted , rupee has seen all time lows , equity markets have seen a steep correction.
This is what astrology can do and we have always intimated before in advance about any major changes and transit and its effect on markets and personal lives , our advance nifty clients have always reaped the benefits of our accurate predictions.
Technically the markets are under huge pressure from the bears and we may see more downsides with steep downfall in the indices and stocks , any bounce will be used severely to create shorts and we are now in a danger of creating new lows for the year 2011.
The current situation and scenario clearly indicates capitulazation and panic and no buying is witnessed from any where, however some bargain hunting is warranted ahead of f/o expiry and major panics can be used to buy some high rsi stocks for a quick bounce back.
The f/o data clearly suggests huge shorting in nifty and stocks with rising open interest , ahead of the expiry we are likely to witness huge volatility with steep and wild swings, so one must use strict stoplosses for their trades and follow discipline or else major lossed will be witnessed.
Astrologically we have already mentioned and intimated the major change in advance and the markets are under its influence , as per our advance predictions sugar and metal sector has seen good destruction with nifty yielding 900 points in just 5 days along with bank nifty and nifty options.
Many sectors will be highly favoured by the astrological change and are likely to manifold from current market price.
The supports for the nifty is at 4675 levels and resistance at 4825 levels.
The supports for the sensex is at 15500 levels and resistance at 16050 levels.
www.astroeyes.co.cc
OUR IST MEGA TREASURE HUNT STOCK NESCO,STARTED JOURNEY,HAS RISEN 120 RS AFTER OUR CALL ON DIWALI,2ND STOCK G..GETS INITIATED
