AS WE EXPECTED NIFTY TRY TO MAKE
NEW RANGE. NEW RANGE 4800-5422
CAN BE FORMED. NO ONE CAN TELL THE
REVERSAL POINT. BEARS HAVE TO WAIT.
AND BULLS HAVE TO BE CAUTION.
GLOBAL CUES ARE THE KEY FOR BULLS.
INFLATION, RBI POLICY, WEAKENIG DOLLAR,
EURO PROBLEM, CORRECTION RALLY AHEAD OF HANGSENG,
HIGH INPUT COST, ARE CONCERNS.
NIFTY WILL FACE HURDLE IN EVERY RISE.
AND ALSO GET SUPPORT IN EVERY DOWM
UPSIDE.... 5377/5388/5400/5411/5422
DOWNSIDE.... 5355/5333/5311/5288
TODAY PLAY WITH 5400 PUT AND 5300 CALLS.
SELL IN RISE. BUY IN DIPS. STOPLOSS MUST.
EXIT WITH MINIMUM PROFITS.
ASTRO VIEW
============
MOON SAIL IN POORADAM( SUKRAN SAARAM) STAR
FULLDAY ALONG WITH RAAKU.
THIS IS THANUSH SIGN WHICH IS
11TH FROM GURU.
SEE GOOD RANGE. SEE INCEASE IN VOLATILE.
AFTER LONG TIME NIFTY TRADERS
CAN MAKE MONEY ON BOTH SIDES.
06/04/2010 BIRTH NO.6 FATE NO.4
GOOD FOR TELECOM AND SHIPPING
OUT PERFORMERS FOR 06/04/2010
-------------------------------
TELECOM,SHIPPING AND AUTO
UNDER PERFORMERS FOR 06/04/2010
--------------------------------
SEE LARGE CAPS MUTED.
LAGNAA TIMES DURING TRADING HOURS
----------------------------------------------------------------
OPENING ..to.. 10.56am RISHABAM NEGATIVE
10.56am ..to.. 01.06pm MITHUNAM NEUTRAL
01.06pm ..to.. 03.11pm KADAKAM NEGATIVE
03.11pm ..to.. CLOSING SIMHAM POSITIVE
LAGNA TIMES CALCULATED WITH MUMBAI SUNRISE.
TECHNICAL VIEW
================
LAST CLOSE@5368 (+78POINTS)
LAST HIGH@5368 LOW@5322
WEEKLY HIGH@5329 LOW@5101
20DMA@5211
50DMA@5023
200DMA@4850
5DAY RSI 79 AND 14DAY RSI 72
INDICATE OVERBOUGHT SIGNALS.
SWING TRADERS CAN SHORT NIFTY
TODAY AT DAY HIGH.
EXPECT RANGEBOUND 5200-5399.
EXIT ALL LONGS BELOW 5196
SUPPORTS FOR
06/04/2010…..
5333/5244/5200/
RESISTANCE FOR
06/04/2010…..
5400/5411/5422/
