Tuesday, April 20, 2010

NIFTY OUTLOOK for 21/04/2010

AS EXPECTED RBI GUIDING WITH STEEL HANDS WEARING
VELVET GLOWS. MARKET FEELS HAPPY. BUT NOT ABLE
TO MOVE BEYOND 5255. GLOBAL SIGNALS AWAITED.

OUR CUSTOMERS TO EXIT FROM 5200 PUTS AT 48
WITH LOSS OF 25 POINTS. OUR BUY CALL NOT EXECUTED.
WE EXPECT TIGHT RANGE 5200-5311 UPTO 22/04/2010

WE POST FOLLOWING LINES AS REMINDER.
WE DONT EXPECT MORE CORRECTION IN NIFTY.
5066 AND 4888 WILL ACT AS SUPPORT FOR NIFTY.
AS PER ASTRO SUKRAN SHIFT TO RISHABAM( OWN HOUSE)
ON 21/04/2010. GURU SHIFT TO MEENAM ( OWN HOUSE )
ON 02/05/2010. SEVVAI(MARS) SHIFT TO SIMHAM
( RELEASE FROM DECLINE HOME AFTER 7 MONTHS)
ON 27/05/2010. ALL INDICATES POSITIVE SIGNALS.
WE EXPECT RECOVERY AFTER LITTLE CORRECTION.


REMINDER...2
------------
EXIT ALL SHORTS FROM REALITY BEFORE
20/04/2010 CLOSING. AS SUKRAN SHIFT
TO RISHABAM ON 21/04/2010 EXPECT
BOUNCE BACK IN REALITY.


ASTRO VIEW
============
MOON SAIL IN PUNARPOOSAM[GURU SAARAM)
IN KADAKAM SIGN WHICH IS 6TH PLACE FROM GURU
AND 8TH PLACE FROM RAAKU.
INDICATES MIXED SIGNALS.


NIFTY TRADERS AND FUTURE TRADERS
CAN MAKE MONEY ON BOTH SIDES.
BUT ONLY THIN PROFITS CAN MADE.


21/04/2010 BIRTH NO.3 FATE NO.1
------------------------------------
TIGHT RANGE WITH POSITIVE BIAS.



OUT PERFORMERS FOR 21/04/2010
-------------------------------
BANKS.

UNDER PERFORMERS FOR 21/04/2010
--------------------------------
INFRA.



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

OPENING ..to.. 09.45am RISHABAM NEUTRAL
09.45am ..to.. 11.55am MITHUNAM NEGATIVE
11.55am ..to.. 01.56pm KADAKAM POSITIVE
01.56pm ..to.. CLOSING SIMHAM NEUTRAL
LAGNA TIMES CALCULATED WITH MUMBAI SUNRISE.


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

LAST CLOSE@5230 (+27 POINTS)
LAST HIGH@5257 LOW@5208
WEEKLY HIGH@5399 LOW@5160

20DMA@5287
50DMA@5091
200DMA@4893

5DAY RSI 35 AND 14DAY RSI 49
INDICATE NO SIGNALS.


EXPECT RANGE 5200-5311 FOR TODAY.


RESISTANCE FOR 21/04/2010..... 5244/5266/5288
SUPPORTS FOR 21/04/2010..... 5222/5200/5177