Wednesday, September 8, 2010

NIFTY OUTLOOK FOR 09/09/2010

THREE DAYS HOLIDAYS ARE AWAITING. WILL THE TRADERS
LEAVE NIFTY ABOVE 5600 IN THIS WEEK END? IF SO THEN
NEXT WEEK WILL BE ACTION FILLED WEEK FOR BULLS.

THE LEVELS ARE REMAIN SAME AS YESTERDAY,
THE STOPLOSS FOR BULLS IS NOW @5577 AND THE
TARGETS ABOVE 5600 ARE 5622 AND 5666.
THE STOPLOSS FOR BEARS IS NOW @5600 AND THE
TARGETS BELOW 5577 ARE 5533 AND 5488.

BEARS HAVE TO WAIT FOR FEW MORE DAYS. DEEP
CORRECTION WILL STRIKE NIFTY BEFORE DIWALI.
PLEASE REMEMBER STILL THE GAP BETWEEN
3733-4444 NOT FILLED SINCE MAY 2009.
CURRENT UPTRENT ACTIVE AS LONG AS NIFTY HOLDS 5422.

WE ADVISE TO SHORT INDEX AND GO LONG IN SPECIFIC
SECTOR AND STOCKS FOR NEXT TWO MONTHS.
AVOIND LONGS IN NIFTY WITHOUT HEDGING.


WEEKLY NOTE TO THE TRADERS
===========================
ALL ARE BASED ON ASTRO
=======================
1. TELECOM
----------
WORST IS OVER FOR TELECOM SECTOR. THE COMING WEEK
IS BIG POSITIVE. USE EVERY DIPS TO BUY AND MAKE
PROFITS. INVESTORS CAN HOLD RCOM FOR THE TARGET
RS.600 AND BHARTI RS.900 ON 5TH MAY 2011.

2. REALITY
----------
MONDAY AND TUESDAY WE CAN SEE SOME DIPS. USE THIS
TO BUY BEFORE TUESDAY GLOSING. WEDNESDAY AND
THURSDAY ARE POSITIVE FOR REALITY.

3. BANKING AND FINANCE
----------------------
SMALL AND MID-CAPS CAN RALLY. LARGE CAP BANKS
MAY SLIP LITTLE.

4. STEEL/OIL/AUTO
-----------------
STEEL AND OIL STOCKS CAN SUSTAIN CURRENT LEVEL.
AUTO STOCKS CAN RALLY UP TO 5%.

5. OTHERS
----------
MONDAY POSITIVE FOR PSU AND OTHER DAYS ARE NEGATIVE.
NEGATIVE FOR PHARMA AND LARGE-CAP IT.
POSITIVE FOR MIDCAP IT, MEDIA AND BROKING FIRMS.


AS PER ASTRO IN THIS WEEK
=========================
THURSDAY POSITIVE AND CHOPPY.


NIFTY WEEKLY RANGE
===================
5355/5444-5488-5577/5666


ASTRO VIEW 09/09/2010
======================
MOON SAIL IN UTHRAM STAR ( SUN SAARAM ).
THIS IS KANYA SIGN SEVENTH PLACE FROM GURU AND
10TH PLACE FROM RAAKU.
AS MOON SAIL WITH SATURN AND VIEWED BY GURU
NIFTY MAY VOLATILE BETWEEN RED AND GREEN.


09/09/2010 BIRTH NO.9 FATE NO.3
-----------------------------------
GOOD FOR INFRA AND MID-CAP BANKS.



OUT PERFORMERS FOR 09/09/2010
------------------------------
TELECOM, MID-CAP BANKS, REALITY, AND MEDIA.

UNDER PERFORMERS FOR 09/09/2010
--------------------------------
ALL LARGE-CAPS.



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

OPENING ..to.. 09.30am KANYA POSITIVE
09.30am ..to.. 11.30am THULAM NUETRAL
11.30am ..to.. 01.45pm VIRICHIKAM NEGATIVE
01.45pm ..to.. CLOSING THANUSH NUETRAL
LAGNA TIMES CALCULATED WITH MUMBAI SUNRISE.



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

LAST(08/09) CLOSE@5607 (+3 POINTS)
LAST HIGH@5625 LOW@5567
WEEKLY HIGH@5625 LOW@5348

5DMA@5551
20DMA@5485
50DMA@5424
200DMA@5191
SEE NIFTY TRADING ABOVE ALL DMA'S.
POSITIVE ABOVE 5600 AND NEGATIVE BELOW 5577.


5-DAY RSI 82 AND 14-DAY RSI 66.
INDICATES NIFTY IN OVER BOUGHT ZONE.



WEEKLY KEY RESISTANCE@5599/5666
WEEKLY PIVOT @5511
WEEKLY KEY SUPPORT@5444/5355

EXPECTED RANGE FOR 09/09/2010.
5511-5666

RESISTANCE FOR 09/09/2010..... 5622/5644/5666
SUPPORTS FOR 09/09/2010..... 5577/5555/5511



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=================================================

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GOLDEN CHANCE TO EARN FROM NIFTY OPTIONS.
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CAPITAL NEED RS.10000 PER ONE LOT.
OUR CHARGES RS.100 PER ONE PROFIT CALL.
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FOR REGISTRATION SMS YOUR NAME TO
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