Thursday, April 22, 2010

NIFTY OUTLOOK for 23/04/2010

NIFTY TRADING RANGE WIDEN TO 5155-5333.
HIGH VOLATILE RETURN TO MARKET WITH
VOLUMES. IT WILL TAKE ATLEAST ANOTHER TWO
TRADING DAYS TO MARKET TO GET NORMAL
AND TO GET CLEAR TREND.

FOLLOW THE LINES UPTO MOMDAY.
------------------------------
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 ASKED OUR CUSTOMERS
----------------------------
TO BUY 5300 PUTS
ARROUND 40-45 AND TO
EXIT AT 80-85 WITH 40 POINTS.

WE POST FOLLOWING LINES AS REMINDER.2
----------------------------------------
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 AAYILPAM[PUTHAN SAARAM) UPTO 11.52AM
IN KADAKAM SIGN WHICH IS 6TH PLACE FROM GURU
AND 8TH PLACE FROM RAAKU. AFTER THEN IN MAKAM STAR
(KETHU SAARAM).

INDICATES VOLATILE WITH NEGATIVE BIAS.
SELL IN EVERY RISE. PLAY WITH 5300PUTS.
AVOID LONGS AS BTST.


23/04/2010 BIRTH NO.5 FATE NO.3
------------------------------------
SEE BULLS FIGHTING BACK TO THEIR LEVEL BEST.



OUT PERFORMERS FOR 23/04/2010
-------------------------------
BANKS AND LARGE CAPS.

UNDER PERFORMERS FOR 23/04/2010
--------------------------------
FMCG AND TELECOM.



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

OPENING ..to.. 09.36am RISHABAM NEUTRAL
09.36am ..to.. 11.46am MITHUNAM NEGATIVE
11.46am ..to.. 01.47pm KADAKAM NEGATIVE
01.47pm ..to.. CLOSING SIMHAM NEUTRAL
LAGNA TIMES CALCULATED WITH MUMBAI SUNRISE.


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

LAST CLOSE@5269 (+24 POINTS)
LAST HIGH@5331 LOW@5221
WEEKLY HIGH@53' LOW@5160

20DMA@5290
50DMA@5110
200DMA@4903

5DAY RSI 51 AND 14DAY RSI 54
INDICATE NO SIGNALS.
WHITE ENGULFING PATTERN SEEN
IN DAILY CANDLE


KEY RESISTANCE.5333
KEY SUPPORT.5155
EXPECT RANGE 5155-5333 UPTO MONDAY.


RESISTANCE FOR 23/04/2010..... 5288/5311/5333
SUPPORTS FOR 23/04/2010..... 5244/5200/5155