Wednesday, April 21, 2010

NIFTY OUTLOOK for 22/04/2010

THE ZONE 5422-5466 IS SURELY NO TRADING ZONE.
MARKET HAVE NO CLEAR DIRECTION. GLOBAL MARKETS
ALSO CONSOLIDATING IN HIGH LEVELS. WE EXPECT
THIS TIGHT RANGE OF TRADING UPTO APRIL EXPIRY.

JUST SELL IN DAY HIGH AND COVER WITH MINIMUM
POINTS. ALSO BUY AT DAY LOW AND EXIT WITH
MINIMUM POINTS. STOPLOSS MUST FOR BOTH.

TODAY WE EXPECT TIGHT RANGE 5200-5311

WE POST FOLLOWING LINES AS REMINDER.2
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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.

ASTRO VIEW
============
MOON SAIL IN POOSAM[SANI SAARAM)
IN KADAKAM SIGN WHICH IS 6TH PLACE FROM GURU
AND 8TH PLACE FROM RAAKU.
INDICATES TIGHT RANGE WITH NEGATIVE BIAS.
SELL IN EVERY RISE. PLAY WITH 5300PUTS.
AVOID LONGS AS BTST.


22/04/2010 BIRTH NO.4 FATE NO.2
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WRONG DIRECTION AND HIGH VOLATILE.



OUT PERFORMERS FOR 22/04/2010
-------------------------------
STEEL AND OIL

UNDER PERFORMERS FOR 22/04/2010
--------------------------------
OIL MARKETING COMPANIES.



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

OPENING ..to.. 09.40am RISHABAM NEUTRAL
09.40am ..to.. 11.50am MITHUNAM NEGATIVE
11.50am ..to.. 01.51pm KADAKAM POSITIVE
01.51pm ..to.. CLOSING SIMHAM NEUTRAL
LAGNA TIMES CALCULATED WITH MUMBAI SUNRISE.


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

LAST CLOSE@5245 (+15 POINTS)
LAST HIGH@5266 LOW@5230
WEEKLY HIGH@5399 LOW@5160

20DMA@5267
50DMA@5099
200DMA@4896

5DAY RSI 41 AND 14DAY RSI 51
INDICATE NO SIGNALS.


EXPECT RANGE 5200-5311 FOR TODAY.


RESISTANCE FOR 22/04/2010..... 5266/5288/5311
SUPPORTS FOR 22/04/2010..... 5222/5200/5177