NIFTY STRATED THE RALLY IN FEB 2010 AT 4670
AND TOUCH 4399 IN APRIL. ALL MOST 730 POINTS.
NOW CORRECTED FROM 5399 TO 5037 UPTO 362 POINTS.
ITS 50% RETRACEMENT. NIFTY CAN REVERSE UPWARDS
FROM HERE. BUT GLOBAL TRENDS WILL NOT ALLOW.
WE HOPE DOWNWARD TREND CONTINUE AFTER TESTING
THE RESISTANCE AT 5166-5177.
ANOTHER TARGET AT 4950 WHICH IS 61.8% RETRACEMENT.
WE HOPE THE GLOBAL CORRECTION MAY
CONTINUE FOR ANOTHER TWO WEEKS.
WE FIND STRONG SUPPORT AT 4888 JUST BELOW 200DMA.
THE 5177-5199 LEVEL JUST BELOW THE 50DMA
GIVE GOOD SUPPORT FOR NIFTY MANY TIMES.
NOW THE SAME LEVEL TURN AS STRONG RESISTANCE.
WE EXPECT A HIGH VOLATILE AND
WIDE TRADING RANGE IN NIFTY FOR FEW MORE DAYS.
MAKE MONEY ON BOTH SIDES WITH BRAVE HEART.
KEEP TIGHT STOPLOSS FOR ALL TRADES.
AS PER ASTRO VIEW WE DONT EXPECT SHARP CORRECTION.
NIFTY HAVE GOOD SUPPORT AT 4888-4922 LEVEL.
AND THE PULL BACK WILL BE FAST.
NIFTY TRADING RANGE
-------------------
FOR 07/05/2010 WILL BE 5066-5177
ASTRO VIEW POSITIVE TO NUETRAL.
TODAY OUR CUSTOMERS
----------------------------
ASKED TO HOLD 5200CALLS FOR
ONE MORE DAY. WE WILL GIVE CALL ONLY
AFTER THE EXIT CALL OF CURRENT.
NEW CUSTOMERS PLEASE WAIT.
ASTRO VIEW
============
MOON AVITTAM(SEVVAI SAARAM)
IN KUMBAM SIGN
WHICH IS 12TH PLACE FROM GURU
AND THIRD PLACE FROM RAAKU.
INFRA AND POWER STOCKS CAN BREATH.
COURT VERDICT MAY FAVOUR ADAG GROUP.
07/05/2010 BIRTH NO.7 FATE NO.6
------------------------------------
SEE PULL BACK IN ALL LARGE CAPS.
OUT PERFORMERS FOR 07/05/2010
-------------------------------
INFRA AND POWER.
UNDER PERFORMERS FOR 07/05/2010
--------------------------------
PSU.
LAGNAA TIMES DURING TRADING HOURS
------------------------------------
OPENING ..to.. 10.25am MITHUMAM POSITVE
10.25am ..to.. 12.37pm KADAKAM NEGATIVE
12.37pm ..to.. 02.45pm SIMHAM NEUTRAL
02.45pm ..to.. CLOSING KANYA NEGATIVE
LAGNA TIMES CALCULATED WITH MUMBAI SUNRISE.
TECHNICAL VIEW
================
LAST CLOSE@5090 (-34 POINTS)
LAST HIGH@5124 LOW@5037
WEEKLY HIGH@5342 LOW@5037
5DMA@5173
20DMA@5254
50DMA@5192
200DMA@4952
5DAY RSI 19 AND 14DAY RSI 36
INDICATE OVERSOLD SIGNALS.
WEEKLY KEY RESISTANCE@5288
WEEKLY KEY SUPPORT@5066
EXPECTED RANGE FOR 07/05/2010.
5066-5177
RESISTANCE FOR 07/05/2010..... 5155/5177/5200
SUPPORTS FOR 07/05/2010..... 5066/5044/5022
NEW OFFER NIFTY OPTION MELA TRAIL FOR JUST RS.500
=================================================
WE EXPECT A HIGN VOLATILE AND
WIDE TRADING RANGE IN NIFTY AND
MARKET IN MAY AND JUNE.
GOLDEN CHANCE TO EARN FROM NIFTY OPTIONS.
MAKE HUGE PROFITS WITH OUR PERFECT CALLS
IN NIFTY OPTIONS.
CAPITAL NEED RS.10000 PER ONE LOT.
OUR CHARGES RS.100 PER ONE PROFIT CALL.
( WE CONSIDER OUR CALL AS PROFIT CALL
IF YOU MAKE ATLEAST 25 POINTS FROM OPTION)
IF ANY OF OUR CALL MAKE LOSS
THEN THE NEXT PROFIT CALL
WILL BE FREE CALL.
YOU WILL GET NET 5 PROFIT CALLS.
YOUR PROFIT WILL BE MINIMUM RS.6250 IN ONE LOT.
WE WILL GIVE BOTH ENTRY AND EXIT CALLS.
ALL VIA PAID SMS SERVER.
FOR REGISTRATION SMS YOUR NAME TO
MOBILE NO. 08144150157
WE WILL SEND YOU PAYMENT DETAILS.
