FY11 STARTS WITH POSITIVE NOTE.
FY10 RALLY SUPPORTED BY STRONG EARNING GROWTH.
1. LOW COMMODITY COST
2. LOW INTEREST RATES
3. HIGH INFLOW OF CASH AND LIQUIDIY
4. LOW DUTY AND OTHER TAXES.
5. GOVERNMENT STIMULAS ACTIONS.
ALL ABOVE ARE BASIC REASONS FOR EARNIG GROWTH.
MARKET AWAITING FOR Q4 RESULTS.
BHEL STARS RESULT SEASON WITH A BANG.
FURTHER GLOBAL MARKETS TRY TO MAKE NEW HIGHS.
WE ARE IN UPPER END OF THE
NIFTY RANGE 4711-5333.
IT MAY BROKEN AND NEW RANGE 4800-5422
CAN BE FORMED.
BUT INFLATION, RBI POLICY, WEAKENIG DOLLAR,
EURO PROBLEM, CORRECTION RALLY AHEAD OF HENSENG,
HIGH INPUT COST, ARE CONCERNS.
STILL NO CLEAR TREND AWAILABLE FOR NIFTY.
EXPECT 5111-5377 RANGE FOR NEXT WEEK.
PLAY WITH 5300 PUT AND 5200 CALLS.
SELL IN RISE. BUY IN DIPS. STOPLOSS MUST.
EXIT WITH MINIMUM PROFITS.
MANY OF US MISSED THE RALLY FROM 2555 TO 5333.
DONT WORRY. AGAIN GET READY TO
PARTICIPATE IN THE RALLY FROM 3777 TO 7333.
WAIT FOR CORRECTION. IT WILL HAPPEN ONLY AFTER
ALL OF US BEGANE TO BELEIF THAT
"THERE WILL BE NO CORRECTION"
ASTRO VIEW
============
MOON SAIL IN MOOLAM(KETHU SAARAM) STAR
FULLDAY ALONG WITH RAAKU.
THIS IS THANUSH SIGN WHICH IS
11TH FROM GURU.
GET READY TO WITNESS GREAT WAR BETWEEN
BULLS AND BEARS. AND ALSO PREPARE TO
MAKE MONEY ON BOTHSIDES.
REMINDER(4TH TIME)
AS SUKRAN SHIFTED FROM ITS APEXHOME( MEENAM)
TO MESHAM EXIT FROM LONGS IN REALITY.WE EXPECT
ANOTHER DOWN IN REALITY FROM THIS WEEK END.
SUKRAN GETS MORE WEAK IN THIS WEAK. SO WE
POSTED HERE AGAIN AND AGAIN.
05/04/2010 BIRTH NO.5 FATE NO.3
GOOD FOR TELECOM MEDIA AND BROKING FIRMS.
OUT PERFORMERS FOR 05/04/2010
-------------------------------
TELECOM, MEDIA, MIDCAP IT AND PHARMA
UNDER PERFORMERS FOR 05/04/2010
--------------------------------
REALITY.
LAGNAA TIMES DURING TRADING HOURS
----------------------------------------------------------------
OPENING ..to.. 11.00am RISHABAM NEGATIVE
11.00am ..to.. 01.10pm MITHUNAM NEUTRAL
01.10pm ..to.. 03.19pM KADAKAM NEGATIVE
03.19pm ..to.. CLOSING SIMHAM POSITIVE
LAGNA TIMES CALCULATED WITH MUMBAI SUNRISE.
TECHNICAL VIEW
================
LAST CLOSE@5290 (+41POINTS)
LAST HIGH@5298 LOW@5266
WEEKLY HIGH@5329 LOW@5101
20DMA@5196
50DMA@5020
200DMA@4846
5DAY RSI 66 AND 14DAY RSI 67
INDICATE NO SIGNALS.
SWING TRADERS BEGANE TO SHORT NIFTY.
BUT EXPECT RANGEBOUND 5200-5377.
EXIT ALL LONGS BELOW 5196
TODAY PLAY WITH 5300 PUTS AND 5200 CALLS
SUPPORTS FOR 05/04/2010….. 5244/5200/5155
RESISTANCE FOR 05/04/2010….. 5311/5333/5355
TODAY CALLS (01/04/2010)
=======================
CUSTOMERS ASKED TO
BUY 5300PUTS AT 105-107 AS BTST AND TO HOLD.
