Tuesday, February 23, 2010

NIFTY OUTLOOK FOR 24/02/2010

NIFTY OUTLOOK FOR 24/02/2010


ASTRO VIEW
___________

MOON FULLDAY SAIL IN THIRUVATHIRAI
STAR RAAHU SAARAM IN MITHUNAM SIGN
ALONG WITH KETHU.
THIS IS 5TH PLACE FROM GURU AND
7TH PLACE FROM RAAHU.
EXPECT CONFUSION AND VOLATAILE DAY.

24/02/2010 BIRTH NO.6 FATE NO.2
INDICATES POSITIVE SIGNALS.
COMBINATION OF 2 AND 6
EXPECT WIDE TRADE RANGE.

OUT PERFORMERS FOR 24/02/2010
TELECOM, AUTO AND SHIPPING.

UNDER PERFORMERS FOR 24/02/2010
INFRA.

AS SUKRAN(VENUS)BEGINE TO SAIL IN MEENAM
WHICH IS HIS APEX HOUSE WILL BRING
RELIEF RALLY TO REALITY.

LAGNAA TIMES DURING TRADING HOURS

OPENING ..to.. 09.05am MEENAM POSITIVE
09.05am ..to.. 10.55am MESHAM NEGATIVE
10.55am ..to.. 12.55pm RISHABAM NEGATIVE
12.55pm ..to.. 03.10pm MITHUNAM VOLATILE
03.10PM ..to.. CLOSING KADAKAM POSITIVE

TECHNICAL VIEW
_______________
CLOSE@4870
PREVIOS HIGH@4884 LOW@4833
WEEKLY HIGH@4929 LOW@4783

20DMA@4838
50DMA@5028
200DMA@4716

SUPPORTS FOR 24/02/2010 4800/4755/4711
RESISTANCE FOR 24/02/2010 4888/4933

NIFTY UNABLE TO CROSS OVER 4888.
BUT MANAGE TO CLOSE ABOVE 4838 20DMA.
HAVE STRONG SUPPORT ONLY AT 4716 200DMA.
WE EXPECT RANGEBOUND SWING
BETWEEN 4755-4888 UPTO BUDGET.

TODAY SMALL DOJI IN NIFTY DAILY CHARTS
INDICATE TREND REVERSED TO CONTINUE.