Wednesday, April 28, 2010

NIFTY OUTLOOK for 29/04/2010

NIFTY STARTS APRIL SERIES AT 5260 AND WE HOPE
IT WILL OPEN MAY SERIES ALSO AT THE SAME LEVEL.

GLOBAL MARKETS DANCING RESTLESS TO THE NEWS.
HIGH VOLATILE DAYS ARE AHEAD.

NIFTY TRADING RANGE FOR TODAY 5177-5288

ASTRO VIEW POSITIVE FOR THAURSDAY.

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 5200-MAY-PUT AND 5300-MAY-CALL.


TODAY OUR CUSTOMERS
----------------------------
ASKED TO KEEP RS.48 AS STOPLOSS
FOR 5300PUT AND TAKEN. PROFIT 11POINTS.

AT CLOSING HOLDING CALL GIVEN FOR
5300-MAY-CALL AT 75. NOW HOLDING.




ASTRO VIEW
============
MOON SAIL IN VISAKAM[GURU SAARAM)
IN THULAM SIGN
WHICH IS 9TH PLACE FROM GURU
AND 11TH PLACE FROM RAAKU.

INDICATES NUETRAL TO POSITIVE BIAS.
JUST KEEP WATCHING FOR CLEAR TREND UPTO FRAIDAY.
TRADE IN MINIMUM QUANTITY WITH STOPLOSS.


29/04/2010 BIRTH NO.2 FATE NO.9
------------------------------------
SEE INFRA STOCKS BREATH AFTER LONG TIME.
AVOID SHORT IN REALITY AND IN STEEL.
AT ANY TIME EXPECT WILD BOUNCE BACK.



OUT PERFORMERS FOR 29/04/2010
-------------------------------
BANKS AND FINANCE.

UNDER PERFORMERS FOR 29/04/2010
--------------------------------
PSU.



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

OPENING ..to.. 09.10am RISHABAM NEGATIVE
09.10am ..to.. 11.10am MITHUNAM POSITIVE
11.10am ..to.. 01.21pm KADAKAM NEUTRAL
01.21pm ..to.. CLOSING SIMHAM NEGATIVE
LAGNA TIMES CALCULATED WITH MUMBAI SUNRISE.


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

LAST CLOSE@5215 (-93 POINTS)
LAST HIGH@5272 LOW@5202
WEEKLY HIGH@5382 LOW@5202

20DMA@5294
50DMA@5152
200DMA@4922

5DAY RSI 31 AND 14DAY RSI 46
INDICATE NO SIGNALS.

WEEKLY KEY RESISTANCE@5333
WEEKLY KEY SUPPORT@5155

EXPECTED RANGE
5155-5333 UPTO 30/04/2010
5177-5333 FOR 29/04/2010

RESISTANCE FOR 29/04/2010..... 5266/5288/5311
SUPPORTS FOR 29/04/2010..... 5200/5177/5155