Tuesday, April 6, 2010

NIFTY OUTLOOK FOR 07/04/2010

HAVE YOU RIDE YOUR CAR UPWARDS IN HILLS?
NOW NIFTY IS DOING SO. SLOWLY
CLINBING UP. BUT IT HAVE TO
COME DOWN 100-200 POINTS.
SHORTS MUST BUILD UP. THEN ONLY ANOTHER
UPWARD JOURNEY TOWARDS 5511 POSSIBLE.
SHORT COVERING NEEDED FOR JUMP.

NO ONE CAN TELL THE
REVERSAL POINT. BEARS HAVE TO WAIT.
AND BULLS HAVE TO BE CAUTION.



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 UTHIRADAM(SUN SAARAM) STAR.
THIS IS MAKARAM SIGN WHICH IS
12TH PLACE FROM GURU AND 2ND FROM RAKU.
INDICATE CONSOLIDATION.
AFTER LONG TIME NIFTY TRADERS
CAN MAKE MONEY ON BOTH SIDES.


07/04/2010 BIRTH NO.7 FATE NO.5
GOOD FOR TRADE IN NIFTY.


OUT PERFORMERS FOR 07/04/2010
-------------------------------
PHARMA AND PSU

UNDER PERFORMERS FOR 07/04/2010
--------------------------------
ALL BANKS.



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

OPENING ..to.. 10.52am RISHABAM POSITIVE
10.52am ..to.. 01.02pm MITHUNAM NEGATIVE
01.02pm ..to.. 03.07pm KADAKAM NEUTRAL
03.07pm ..to.. CLOSING SIMHAM NEGATIVE
LAGNA TIMES CALCULATED WITH MUMBAI SUNRISE.


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

LAST CLOSE@5366 (-2POINTS)
LAST HIGH@5388 LOW@5351
WEEKLY HIGH@5388 LOW@5235

20DMA@5225
50DMA@5026
200DMA@4853

5DAY RSI 78 AND 14DAY RSI 72
INDICATE OVERBOUGHT SIGNALS.

SWING TRADERS CAN SHORT NIFTY
TODAY AT DAY HIGH.
EXPECT RANGEBOUND 5200-5399.

SUPPORTS FOR 07/04/2010..... 5333/5288/5244/
RESISTANCE FOR 07/04/2010..... 5400/5411/5422/