Wednesday, April 14, 2010

NIFTY OUTLOOK FOR 15/04/2010

JUST THREE TRADING DAYS AHEAD BEFORE THE
RBI POLICY MEET ON 20/04/2010.
AS INFLATION HITS LIFE TIME HIGH WE EXPECT
MORE TIGHTENING OF LIQUIDITY FROM RBI.

CONFLIT BETWEEN SEBI AND IRDA REMAINS.
IF IRDA CAN CHALLANGE THE SEBI ORDER IN COURT
FINANCE MINISTER PLEASE EXPLAIN THE
"MEANING OF REGULATOR"

NIFTY RANGE WILL BE 5111-5377 UPTO THIS WEEK.
NIFTY HAVE MILD SUPPORT AT 5288
STRONG SUPPORT AT 5055
DONT SURPISE EVEN IF NIFTY TEST 4888

SEE MORE TRADERS ATRACTED TOWARDS NIFTY
AND RISE IN VOLUME AND VOLATITY.

WE ASK OUR CUSTOMERS TO HOLD 5300 AND 5400 PUTS.
USE EVERY RISE OF 20-30 POINTS TO SHORT OR TO
BUY PUTS. HOLD UPTO 20/04/2010.
EXIT ALL LONGS FROM REALITY AND PRIVATE BANKS.


ASTRO VIEW
============
MOON SAIL IN ASHVINI ( KETHU SAARAM)
ALONG WITH SUN.
THIS IS MESHAM SIGN WHICH IS
3RD PLACE FROM GURU AND 5TH FROM RAKU.
INDICATES 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.


15/04/2010 BIRTH NO.6 FATE NO.4
SEE RISE IN VOLATITY AND TRADING RANGE.
SEE PARTICIPANTS LEAD BY GREED AND PANIC.
SEE BIG SWING ON BOTH SIDES IN NIFTY.
AVOID LONGS IN LAST HOUR.


OUT PERFORMERS FOR 15/04/2010
-------------------------------
PHARMA AND PSU

UNDER PERFORMERS FOR 15/04/2010
--------------------------------
BANKS AND REALITY.



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

OPENING ..to.. 10.12am RISHABAM NEGATIVE
10.12am ..to.. 12.24pm MITHUNAM NEGATIVE
12.24pm ..to.. 02.24pm KADAKAM NUETRAL
02.24pm ..to.. CLOSING SIMHAM POSITIVE
LAGNA TIMES CALCULATED WITH MUMBAI SUNRISE.


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

LAST CLOSE@5322 (-17 POINTS)
LAST HIGH@5356 LOW@5301
WEEKLY HIGH@5399 LOW@5235

20DMA@5279
50DMA@5063
200DMA@4874

5DAY RSI 50 AND 14DAY RSI 61
INDICATE NO SIGNALS.
HOLD ALL PUTS AND SHORTS IN
NFTY UPTO 20/04/2010

SWING TRADERS MAY HOLD FOR ANOTHER WEEK.
EXPECT RANGE 5111-5377 FOR THIS WEEK.


RESISTANCE FOR 15/04/2010..... 5333/5355/5377
SUPPORTS FOR 15/04/2010..... 5288/5244/5200