NIFTY JUMP INTO THE NEW YEAR HIGHZONE. BUT NOT
SUSTAIN THERE. NIFTY FEEL SHY ABOVE 5311.
GLOBAL MARKETS MUST SUPPORT FOR FURTHER UPSIDE.
SO WE STAY WITH OUR VIEW AS FOLLOWS.
MARKET EXPECT ANOTHER HIKE IN APRIL BY RBI.
CAUTION FEELING FILLED WITH PARTICIPANTS.
SO ABOVE 5311 IS DIFFICULT.
FOR FEW MORE DAYS SELL IN EVERY RISE AND
EXIT WITH MINIMUM PROFIT.
ASTRO VIEW
============
MOON SAIL IN HASTHAM(OWN SAARAM) STAR
FULLDAY. THIS IS KANYA SIGN ALONG WITH
SANI(SATURN) WHICH IS EIGTH PLACE FROM
GURU ALSO TENTH PLACE FROM RAAHU.
THIS GIVES NEGATIVE SIGNALS. SEE SUDDEN
FALL OF 100POINTS IN THIS WEEK.
REMINDER.1
AS SUKRAN SHIFTED FROM ITS APEXHOME( MEENAM)
TO MESHAM EXIT FROM LONGS IN REALITY.WE EXPECT
ANOTHER DOWN IN REALITY FROM THIS WEEK END.
REMINDER.2
AS PUTHAN SHIFTED FROM DECLINE HOME( MEENAM)
TO MESHAM EXIT FROM SHORTS IN TELECOM.
30/03/2010 BIRTH NO.3 FATE NO.9
SEE VOLATILE WITH POSITIVE BIAS.
COMBINATION OF 3 AND 9
AFTER LONG TIME POWER AND INFRA STOCKS
CAN TAKE BREATH THIS WEEK.
OUT PERFORMERS FOR 30/03/2010
-------------------------------
POWER INFRA AND TEXTILES
UNDER PERFORMERS FOR 30/03/2010
--------------------------------
PHARMA AND IT
LAGNAA TIMES DURING TRADING HOURS
----------------------------------------------------------------
OPENING ..to.. 09.19am MESHAM NEGATIVE
09.19am ..to.. 11.18am RISHABAM POSITIVE
11.18am ..to.. 01.30PM MITHUNAM NUETRAL
01.30pm ..to.. CLOSING KADAKAM NEGATIVE
LAGNA TIMES CALCULATED WITH MUMBAI SUNRISE.
TECHNICAL VIEW
================
LAST CLOSE@5302
LAST HIGH@5329 LOW@5242
WEEKLY HIGH@5329 LOW@5101
20DMA@5158
50DMA@5020
200DMA@4835
5DAY RSI 80 AND 14DAY RSI 72
INDICATE OVERBOUGHT SIGNALS.
SWING TRADERS BEGANE TO SHORT NIFTY.
A CLOSE ABOVE 5311 CAN LEAD MARKET TO 5511.
BUT WAIT FOR CLEAR SIGNALS.
EXIT ALL SHORTS ABOVE 5333.
EXECUTE FRESH SHORTS ONLY BELOW 5288.
STAY WITH 5300 PUTS.
SUPPORTS FOR 30/03/2010…. 5288/5244/5200
RESISTANCE FOR 30/03/2010….. 5311/5333/5355
TODAY(26/03/2010) NO CALLS GIVEN...
COSTOMERS STAY WITH 5300PUTS.
