Tuesday, March 30, 2010

NIFTY OUTLOOK FOR 31/03/2010

FY10 LEAVING US TODAY. MANY OF US
MISSED THE RALLY FROM 2555 TO 5333.
DONT WORRY. AGAIN GET READY TO
PARTICIPATE IN THE RALLY FROM 3777 TO 7333.

WE EXPECT RANGE BOUND MARKET FOR ANOTHER
TWO DAYS BETWEEN 5200-5333.
FOR FEW MORE DAYS SELL IN EVERY RISE AND
EXIT WITH MINIMUM PROFIT.


ASTRO VIEW
============
MOON SAIL IN SITHTHIRAI(SEVVAI SAARAM) STAR
FULLDAY. THIS IS KANYA SIGN UPTO 9.53AM
AFTER THEN THULAM SIGN. WHICH IS EIGTH
AND NINTH PLACE FROM GURU ALSO 10TH AND
11TH PLACE FROM RAAHU.
THIS GIVES MIXED SIGNALS.SEE VOLATILE
RETURN TO MARKET.

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.


31/03/2010 BIRTH NO.4 FATE NO.1
SEE VOLATILE AND PANIC IN THE MARKET.
COMBINATION OF 4 AND 1
BRING TELECOM INTO GREEN.



OUT PERFORMERS FOR 31/03/2010
-------------------------------
OIL STEEL AND INFRA

UNDER PERFORMERS FOR 31/03/2010
--------------------------------
PSU BANKS



LAGNAA TIMES DURING TRADING HOURS
----------------------------------------------------------------

OPENING ..to.. 09.15am MESHAM NEGATIVE
09.15am ..to.. 09.53am RISHABAM POSITIVE
( MOON SHIFT ITS PLACE AT 09.53am )
09.53am ..to.. 11.14am RISHABAM NEGATIVE
11.14am ..to.. 01.26PM MITHUNAM POSITIVE
01.30pm ..to.. CLOSING KADAKAM NEUTRAL
LAGNA TIMES CALCULATED WITH MUMBAI SUNRISE.



TECHNICAL VIEW
================

LAST CLOSE@5262
LAST HIGH@5325 LOW@5251
WEEKLY HIGH@5329 LOW@5101

20DMA@5175
50DMA@5020
200DMA@4838

5DAY RSI 58 AND 14DAY RSI 65
INDICATE NO SIGNALS.

SWING TRADERS BEGANE TO SHORT NIFTY.
BUT WE HOPE FOR RANGEBOUND 5200-5333.
EXIT ALL SHORTS ABOVE 5333.
FOR NEXT TWO DAYS PLAY WITH 5300 PUTS.

SUPPORTS FOR 31/03/2010…. 5244/5200/5177
RESISTANCE FOR 31/03/2010….. 5288/5311/5333

TODAY(30/03/2010) CUSTOMERS ASKED TO EXIT
FROM 5300PUTS WITH 15-20 POINTS PROFITS
AS WE HOPE WE CAN RE ENTER AT LOWER LEVELS.