NIFTY CORRECTED 100 POINTS. ANOTHER
50 POINTS ON CARDS. DONT EXPECT
MORE CORRECTION NOW. GOOD Q4 RESULTS
WILL BE A CUSHION FOR MARKET.
NIFTY INTRADAY TRADING RANGE WIDEN.
SEE MORE TRADERS ATRACTED TOWARDS NIFTY
AND RISE IN VOLUME AND VOLATITY.
ASTRO VIEW
============
MOON SAIL IN AVITTAM(SEVVAI 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.
09/04/2010 BIRTH NO.9 FATE NO.7
GOOD FOR PHARMA AND IT.
SEE BIG SWING ON BOTH SIDES IN NIFTY.
AVOID TRADING IN LAST HOUR.
OUT PERFORMERS FOR 09/04/2010
-------------------------------
PHARMA AND IT.
UNDER PERFORMERS FOR 09/04/2010
--------------------------------
ALL BANKS. ( NEGATIVE TREND IN BANKS
WILL CHANGE IN LAST HOUR)
LAGNAA TIMES DURING TRADING HOURS
----------------------------------------------------------------
OPENING ..to.. 10.40am RISHABAM POSITIVE
10.40am ..to.. 12.50pm MITHUNAM NEGATIVE
12.50pm ..to.. 02.54pm KADAKAM NEUTRAL
02.54pm ..to.. CLOSING SIMHAM NEGATIVE
LAGNA TIMES CALCULATED WITH MUMBAI SUNRISE.
TECHNICAL VIEW
================
LAST CLOSE@5304 (-70 POINTS)
LAST HIGH@5383 LOW@5290
WEEKLY HIGH@5399 LOW@5235
20DMA@5247
50DMA@5037
200DMA@4861
5DAY RSI 48 AND 14DAY RSI 61
INDICATE NO SIGNALS.
TRADERS HOLDING SHORTS WATCH 5247 20DMA.
EXIT FROM SHORS IF NIFTY HOLDS 5250.
SWING TRADERS MAY HOLD FOR ANOTHER WEEK.
EXPECT RANGE 5200-5333 INTRADAY
SUPPORTS FOR 09/04/2010..... 5266/5244/5200
RESISTANCE FOR 09/04/2010..... 5311/5333/5355
