MOST OF THE MARKET PARTICIPANTS
EXPECT 25 BPS HIKE IN CRR AND RRR FROM RBI ON 20/04/2010.
NIFTY DISCOUNTED TO THAT FROM 5400 TO 5250.
WE EXPECT ANOTHER 50-100 POINTS CORRECTION BEFORE
20/04/2010 NOON. MARKET WILL RECOVER FROM 5150-5200 LEVEL
IF RBI RATE HIKE ARE IN THE LINE. IF RBI TIGHTS MORE THAN
EXPECTATIONS THAN PANIC WILL RULE THE MARKET.
5066 AND 4888 WILL ACT AS SUPPORTS.
ANY HOW IN COMMING WEEK WE EXPECT WILD SWINGS
IN NIFTY, RISE OF VOLATILE INDEX, AND ALSO RISE
IN TRADING RANGE AND VOLUME.
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 NOON.
REMINDER.1
------------
EXIT ALL LONGS FROM REALITY AND PRIVATE BANKS UPTO
20/04/2010 NOON.
ASTRO VIEW
============
MOON SAIL IN MIRUKA SEERIDAM ( SEVVAI SAARAM)
IN MITHUNAM SIGN WHICH IS 5TH PLACE FROM GURU
AND 7TH FROM RAKU.
INDICATES CONFUSION WITH THE PARTICIPANTS
AND MARKET WILL SHOW WRONG DIRECTIONS.
NIFTY TRADERS AND FUTURE TRADERS
CAN MAKE MONEY ON BOTH SIDES.
BUT BRAVE HEARTS NEEDED.
REMINDER.2
-----------
SUN SHIFTED TO HIS APEX HOME ON 14/04/2010
EXIT FROM SHORTS IN PHARMA AND PSU.
19/04/2010 BIRTH NO.1 FATE NO.8
------------------------------------
SEE WILD SWINGS AND VOLATILE WITH NEGATIVE BIAS.
AVOID BOTTOM FISHING UPTO 20/04/2010.
OUT PERFORMERS FOR 19/04/2010
-------------------------------
MEDIA AND TELECOM.
UNDER PERFORMERS FOR 19/04/2010
--------------------------------
BANKS AND REALITY.
LAGNAA TIMES DURING TRADING HOURS
-----------------------------------------
OPENING ..to.. 09.55am RISHABAM NEGATIVE
09.55am ..to.. 12.05pm MITHUNAM NEUTRAL
12.05pm ..to.. 02.05pm KADAKAM NEGATIVE
02.05pm ..to.. CLOSING SIMHAM NEGATIVE
LAGNA TIMES CALCULATED WITH MUMBAI SUNRISE.
TECHNICAL VIEW
================
LAST CLOSE@5262 (-11 POINTS)
LAST HIGH@5383 LOW@5237
WEEKLY HIGH@5399 LOW@5235
20DMA@5290
50DMA@5078
200DMA@4884
5DAY RSI 34 AND 14DAY RSI 53
INDICATE NO SIGNALS.
HOLD ALL PUTS AND SHORTS IN
NIFTY UPTO 20/04/2010
EXPECT RANGE 5066-5377 FOR THIS WEEK.
RESISTANCE FOR 19/04/2010..... 5288/5311/5333
SUPPORTS FOR 19/04/2010..... 5244/5200/5155
