Wednesday, March 3, 2010

NIFTY OUTLOOK FOR 04/03/2010

NIFTY OUTLOOK FOR 04/03/2010

ASTRO VIEW
___________

LAST ONE OR TWO DAYS MARKET DIDNOT REACT
AS PER OUR ASTRO VIEW. WE ARE GIVING ASTRO
VIEWS AS PER PLANET POSITIONS IN CHARTS AND THE
GUIDANCE GIVEN BY THE ANCIENT GURUS TO THAT
POSITIONS. WE DONT WANT TO FABRICATE ANYTHING
LOOKING AT THE CURRENT MARKET TRENDS.
WE WISH TO PRESENT HERE OUR LEVEL BEST AND
HONEST VIEWS. WE ASSURE TO DELIVER BEST PERFORMANCE
IN COMMING DAYS WITH YOUR WISHES.



MOON SAIL IN SITHTHIRAI(SEVVAI SAARAM) UPTO 01.42PM
AND IN SWATHI(RAAKU SAARAM)UPTO CLOSING. THIS IS THULAM
SIGN 9TH PLACE FROM GURU AND 11TH PLACE FROM RAAHU.
WE EXPECT NEGATIVE TREND UPTO NOON
AND RECOVERY IN CLOSING HOUR.

04/03/2010 BIRTH NO.4 FATE NO.1
INDICATES CONSOLIDATION SIGNALS.
COMBINATION OF 4 AND 1 MAY HELP
IT AND PSU STOCKS TO RALLY.

AS VENUS(SUKRAN) BEGANE TO SAIL IN MEENAM
WHICH IS APEX HOME WE EXPECT BULLBACK
OF REALITY STOCKS FROM TOMARROW.
ABOVE VIEW POSTED YESTERDAY. PLEASE
FOLLOW CATCH REALITY IN DIPS.


OUT PERFORMERS FOR 04/03/2010
IT PSU AND SMALL POSITIVE FOR INFRA.

UNDER PERFORMERS FOR 04/03/2010
ALL HEAVY WEIGHTS.


LAGNAA TIMES DURING TRADING HOURS

OPENING ..to.. 10.35am MESHAM NUETRAL
10.35am ..to.. 12.35pm RISHABAM NEGATIVE
12.35pm ..to.. 02.50pm MITHUNAM POSITIVE
02.50pm ..to.. CLOSING KADAKAM NUETRAL

TECHNICAL VIEW
_______________
CLOSE@5088
PREVIOS HIGH@5093 LOW@5015
WEEKLY HIGH@5093 LOW@4783

20DMA@4858
50DMA@5014
200DMA@4749

SUPPORTS FOR 04/03/2010 5022/4933
RESISTANCE FOR 04/03/2010 5111/5166

NIFTY TRADING ABOVE ALL THE DMA"S.
HAVE STRONG SUPPORT AT 4749 200DMA.
HAVE TO FACE RESISTANCE AT 5111.

ACCORDING TO OUR VIEW......
NEW IMPULSIVE WAVE A STARTED AT 2666 IN MARCH 2009.
IT CONSIST FIVE WAVES.
FIRST SUBWAVE FROM 2666 TO 4691 TOTAL 2025POINTS.
SECOND SUBWAVE FROM 4691 TO 3918 TOTAL 773POINTS 38.2% OF FIRST
THIRD SUBWAVE FROM 3918 TO 5185 TOTAL 1267POINTS 61.8% OF FIRST
FORTH SUBWAVE FROM 5185 TO 4410 TOTAL 770POINTS 38.2% OF FIRST.
FIFTH SUBWAVE FROM 4410 TO 5310 TOTAL 900POINTS. 44% OF FIRST.
THIS IS TOTALLY 2644 POINTS.

WE HOPE NOW WE ARE IN CORRECTION WAVE B.
THIS CONSIST THREE WAVES.
FIRST SUBWAVE FROM 5310 TO 4675 TOTAL 635 POINTS
SECOND SUBWAVE NOW IN PROGRESS FROM 4675.

THIRD SUBWAVE GOING TO START AT THE END OF SECOND.
WE HAVE THREE TARGET TO THE CORRECTIVE WAVE B.
38.2% OF 2644 IS 1010 POINTS TAKES NIFTY TO 4300
50% OF 2644 IS 1322 POINTS TAKES NIFTY TO 3988
61.8% OF 2644 IS 1618 POINTS TAKES NIFTY TO 3692.

SO THAT WE ASK OUR CUSTOMERS TO TRADE WITH CAUTION.



SELL CALL GIVEN TODAY AND CUSTOMERS
ASKED TO EXIT AT COST OR MAX 10POINTS.