Friday, February 19, 2010

NIFTY OUTLOOK FOR 22/02/2010

NIFTY OUTLOOK FOR 22/02/2010


ASTRO VIEW
___________

MOON FULLDAY IN ROHINI STAR
MOON SAARAM IN RISHABAM SIGN.
THIS IS 4TH PLACE
FROM GURU ANG 6TH PLACE FROM RAAHU.
NUETRAL TO NEGATIVE FOR MARKET.

22/02/2010 BIRTH NO.4 FATE NO.9
INDICATES CAUTION SIGNALS.
COMBINATION OF 4 AND 9
TELECOM STOCKS CAN TAKE A BREATH.

YESTERDAY 5TH GROWING MOON (PANJCHAMI) SEEN
AS MOONS SOUTH EDGE UP AND NORTH
EDGE DOWN. THIS INDICATES PROBLEMS
FOR TOTAL GLOBAL ECCONAMY UPTO NEXT
NOMOON (AMMAAVAASAI)DAY IN 22DAYS.
CORRECTION MAY START AND EXTEND
UPTO 15NTH MARCH. IF YOU GO LONG
TRADE WITH EXTA CAUTION.



OUT PERFORMERS FOR 22/02/2010
TELECOM,AND TEXTILES.

UNDER PERFORMERS FOR 22/02/2010
NOT ANY PARTICULAR.

LAGNAA TIMES DURING TRADING HOURS

OPENING ..to.. 09.15am MEENAM POSITIVE
09.15am ..to.. 11.05am MESHAM NEGATIVE
11.05am ..to.. 01.20pm RISHABAM POSITIVE
01.40pm ..to.. closing MITHUNAM NEGATIVE


TECHNICAL VIEW
_______________

PREVIOS HIGH@4922 LOW@4805
WEEKLY HIGH@4929 LOW@4675

20DMA@4854
50DMA@5039
200DMA@4703

SUPPORTS FOR 22/02/2010 4844/4800
RESISTANCE FOR 22/02/2010 4888/4933

NIFTY BOUNCE FROM 4805 BUT UNABLE TO
CROSS OVER 20DMA 4854.
HAVE STRONG SUPPORT ONLY AT 4703 200DMA.

TODAY INVERTED HAMMER IN NIFTY DAILY CHARTS
INDICATE TREND REVERSAL TO NAGATIVE.