ALL THE EYES ARE ON RBI POLICY MEET. AS PER THE ECONOMIC
SURVEY RBI FEELS COMFORT WITH GROWTH AND IN A POSITION
TO CONTROL INFLATION. MARKET EXPECT SOFT OPTIONS FROM RBI.
WE EXPECT RBI MAY GUIDE WITH STEEL HANDS WEARING
VELLVET GLOWS.
ONCE AGAIN REMEMBER THE FOLLOWING LINES.
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 EXIT FROM 5300 AND 5400 PUTS
WITH FAIR PROFITS AT 5170 LEVEL. AT CLOSING ASKED
TO BUY AND HOLD 5200 PUTS AT 73.
WE EXPECT A TRADING RANGE 5111-5244 ON 20/04/2010.
HENGSANG, SANGAI, AND COMMODITIES INDICATES REVERSAL
IN GLOBAL MARKETS. EXPERTS EXPECT 15-20% CORRECTION
IN GLOBAL MARKETS FROM CURRENT LEVELS.
BUT WE DONT EXPECT MORE CORRECTION IN NIFTY.
5066 AND 4888 WILL ACT AS SUPPORT FOR NIFTY.
AS PER ASTRO SUKRAN SHIFT TO RISHABAM( OWN HOUSE)
ON 21/04/2010. GURU SHIFT TO MEENAM ( OWN HOUSE )
ON 02/05/2010. SEVVAI(MARS) SHIFT TO SIMHAM
( RELEASE FROM DECLINE HOME AFTER 7 MONTHS)
ON 27/05/2010. ALL INDICATES POSITIVE SIGNALS.
WE EXPECT RECOVERY AFTER LITTLE CORRECTION.
NOTE...1
------------
EXIT ALL SHORTS FROM REALITY BEFORE
20/04/2010 CLOSING. AS SUKRAN SHIFT
TO RISHABAM ON 21/04/2010 EXPECT
BOUNCE BACK IN REALITY.
ASTRO VIEW
============
MOON SAIL IN THIRUVATHIRAI ( RAAKU SAARAM)
IN MITHUNAM SIGN WHICH IS 5TH PLACE FROM GURU
AND 7TH FROM RAKU.
INDICATES HIGH VOLATILE DAY. DONT SURPRISE
IF MARKET TURNS TO GREEN IN CLOSING HOURS
AFTER DEEP RED.
NIFTY TRADERS AND FUTURE TRADERS
CAN MAKE MONEY ON BOTH SIDES.
BUT BRAVE HEARTS NEEDED.
20/04/2010 BIRTH NO.2 FATE NO.9
------------------------------------
SEE PULL BACK IN INFRA AFTER NOON.
OUT PERFORMERS FOR 20/04/2010
-------------------------------
AFTER NOON. IT AND INFRA.
UNDER PERFORMERS FOR 20/04/2010
--------------------------------
BEFORE NOON. METALS AND STEEL.
LAGNAA TIMES DURING TRADING HOURS
-----------------------------------------
OPENING ..to.. 09.50am RISHABAM NEGATIVE
09.50am ..to.. 12.00pm MITHUNAM NEUTRAL
12.00pm ..to.. 02.01pm KADAKAM NEGATIVE
02.01pm ..to.. CLOSING SIMHAM NEGATIVE
LAGNA TIMES CALCULATED WITH MUMBAI SUNRISE.
TECHNICAL VIEW
================
LAST CLOSE@5203 (-59 POINTS)
LAST HIGH@5217 LOW@5160
WEEKLY HIGH@5399 LOW@5160
20DMA@5288
50DMA@5085
200DMA@4889
5DAY RSI 23 AND 14DAY RSI 46
INDICATE NO SIGNALS.
STOPLOSS MUST FOR BOTH CALL AND PUTS.
5200 PUT STOPLOSS WILL BE INFORMED IN MORNING.
EXPECT RANGE 5111-5244 FOR TODAY.
RESISTANCE FOR 20/04/2010..... 5222/5244/5266
SUPPORTS FOR 20/04/2010..... 5177/5155/5111
