CONFLIT BETWEEN SEBI AND IRDA APPLY BREAKS.
NOW NIFTY MUTED. NO CLEAR DIRECTION.
FURTHER GLOBAL MARKETS ARE UNDER CONSOLIDATION.
BETTER Q4 RESULTS AND RBI POLICY MEET ARE AHEAD.
NIFTY RANGE WILL BE 5200-5422 UPTO THIS WEEK.
SEE MORE TRADERS ATRACTED TOWARDS NIFTY
AND RISE IN VOLUME AND VOLATITY.
ASTRO VIEW
============
MOON SAIL IN UTHRATATHI (SANI SAARAM)
ALONG WITH SUN.
THIS IS MEENAM SIGN WHICH IS
2ND PLACE FROM GURU AND 4TH FROM RAKU.
INDICATE CONSOLIDATION AND CORRECTION.
NIFTY TRADERS AND FUTURE TRADERS
CAN MAKE MONEY ON BOTH SIDES.
NOTE.1
-------
SUN SHIFT TO HIS APEX HOME ON 14/04/2010
EXIT FROM SHORTS IN PHARMA AND PSU.
13/04/2010 BIRTH NO.4 FATE NO.2
SEE RISE IN VOLATITY.
SEE PARTICIPANTS LEAD BY GREED AND PANIC.
SEE BIG SWING ON BOTH SIDES IN NIFTY.
AVOID LONGS IN LAST HOUR.
OUT PERFORMERS FOR 13/04/2010
-------------------------------
STEEL AND TELECOM
UNDER PERFORMERS FOR 13/04/2010
--------------------------------
BANKS.
LAGNAA TIMES DURING TRADING HOURS
-----------------------------------------
OPENING ..to.. 10.20am RISHABAM NEGATIVE
10.20am ..to.. 12.30pm MITHUNAM NUETRAL
12.30pm ..to.. 02.35pm KADAKAM POSITIVE
02.35pm ..to.. CLOSING SIMHAM NEGATIVE
LAGNA TIMES CALCULATED WITH MUMBAI SUNRISE.
TECHNICAL VIEW
================
LAST CLOSE@5339 (-22 POINTS)
LAST HIGH@5383 LOW@5324
WEEKLY HIGH@5339 LOW@5235
20DMA@5270
50DMA@5054
200DMA@4869
5DAY RSI 56 AND 14DAY RSI 63
INDICATE NO SIGNALS.
TRADERS CAN ENTER FRESH SHORTS TODAY
ARROUND 5388-5400 WITH STOPLOSS 5444.
SWING TRADERS MAY HOLD FOR ANOTHER WEEK.
EXPECT RANGE 5200-5422 FOR MODAY AND TUESDAY.
RESISTANCE FOR 13/04/2010..... 5355/5377/5399
SUPPORTS FOR 13/04/2010..... 5288/5244/5200
