Saturday, April 24, 2010

NIFTY OUTLOOK for 26/04/2010 BY niftysign.blogspot.com

RELIANCE Q4 RESULT BELOW THE STREET ESTIMATES.
GLOBAL MARKET CONSOLIDATING AT HIGH LEVELS.
FURTHER GOVERNMENT FACING PROBLEMS IN PARLIEMENT.
APRIL SETTELMENT WEEK AHEAD. HIGH VOLATILE
TRADING DAYS ARE AHEAD.
NIFTY TRADING RANGE WIDEN TO 5155-5333.
ASTRO VIEW IS NEGATIVE UPTO TUESDAY.

FOLLOW THE LINES THIS WEEK
---------------------------
TRADE IN MINIMUM QUANTITY.
JUST SELL IN DAY HIGH AND COVER WITH MINIMUM
POINTS. ALSO BUY AT DAY LOW AND EXIT WITH
MINIMUM POINTS. STOPLOSS MUST FOR BOTH.
PLAY WITH 5300PUT AND 5200 CALL.
OPTION TRADERS AVOID TRADING IN
OUT OF THE MONEY PUTS OR CALLS.

TODAY WE ASKED OUR CUSTOMERS
----------------------------
TO BUY 5300 PUTS AT 37 AND TO HOLD.

WE ARE POSTING FOLLOWING LINES AS REMINDER.3
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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 HASTHAM[OWN SAARAM)
ALONG WITH SANI IN KANYA SIGN
WHICH IS 8TH PLACE FROM GURU
AND 10TH PLACE FROM RAAKU.
FURTHER 26/04/2010 DATE CONTROL BY
NO.8 AND NO.6.

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


26/04/2010 BIRTH NO.8 FATE NO.6
------------------------------------
SEE VOLATILE AND PANIC FILLED TRADING DAY.



OUT PERFORMERS FOR 26/04/2010
-------------------------------
TEXTILES AND SHIPPING

UNDER PERFORMERS FOR 26/04/2010
--------------------------------
REALITY



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

OPENING ..to.. 09.26am RISHABAM POSITIVE
09.26am ..to.. 11.36am MITHUNAM NEUTRAL
11.36am ..to.. 01.37pm KADAKAM NEGATIVE
01.37pm ..to.. CLOSING SIMHAM NEGATIVE
LAGNA TIMES CALCULATED WITH MUMBAI SUNRISE.


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

LAST CLOSE@5304 (+35 POINTS)
LAST HIGH@5311 LOW@5269
WEEKLY HIGH@5382 LOW@5237

20DMA@5294
50DMA@5121
200DMA@4908

5DAY RSI 62 AND 14DAY RSI 57
INDICATE NO SIGNALS.

KEY RESISTANCE@5333
KEY SUPPORT@5155
EXPECT RANGE 5155-5333 UPTO 29/04/2010


RESISTANCE FOR 26/04/2010..... 5311/5333/5355
SUPPORTS FOR 26/04/2010..... 5266/5244/5222