NIFTY RALLY UPTO 6066 LEVEL, BUT NOT ABLE TO
SUSTAIN THERE, SLIP 90POINTS FROM DAY'S HIGH,
MAKE LOW OF 5980 AND CLOSE AT 5992.
THE TECHNICALS ARE REMAIN SAME. ONLY A CLOSE
ABOVE 6044-66 LEVEL CAN PUT NIFTY IN BULLISH
ZONE AND AFTER THEN, NIFTY CAN TOUCH 6133 OR
6222.
A CLOSE BELOW 5955 WILL LEAD NIFTY TO RE-TEST
5688 LEVEL, AS THE ON GOING CORRECTION WAVE
STILL IN ACTION. EVEN BANKING SECTOR SUPPORT
BEARS TODAY.
FOLLOWING FUNDAMENTALS ALSO ACTIVE,
STILL MORE SCAMS ARE READY TO BURST, UPA GOVT.
FACING PROBLEMS IN COURT AND IN PARLIEMENT.
INVESTIGATIONS GOING ON. SO ITS TIME TO TRADE
WITH LOT OF CAUTION. AS PER SOURCES WIKCY-LEAKS
MAY STRIKE MARKET WITH SOME BREAKING NEWS.
TECHNICALS TELL US DIFFERENT STORY. WE CAN
SEE EITHER ONE OF THESE LEVELS OR BOTH BEFORE
NEW YEAR. 5555 OR 6555.
IN US DOLLAR INDEX SLOWLY MAKE UPWARD MOVE AND
NOW AT 80 (AT 8PM MONDAY). DOW FUTURE MILDLY
RED SIGNALING CAUTION TO BULLS.
KINDLY NOTE THE FOLLOWINGS,
NIFTY STARTED FRESH IMPULSIVE WAVE AT 4786 FROM
MAY2010. IN NOVEMBER REACHED 6338. THIS IS 1552
POINTS RALLY AND TAKE 5 MONTHS TIME. UNDER GOING
CORRECTIVE WAVE CAN REACH FOLLOWING TARGETS,
1. 38.2% CORRECTION OF 1552 REDUCE 592 POINTS
FROM 6338 AND TARGET AT 5745.
2. 50% CORRECTION OF 1552 REDUCE 751 POINTS FROM
6338 AND TARGET AT 5587.
3. 61.8% CORRECTION OF 1552 REDUCE 959 POINTS
FROM 6338 AND TARGET AT 5378.
BEARS EXIT AT 6044 AND BULLS CAN INITIATE
FRESH LONGS KEEPING 6000 AS STOPLOSS.
NIFTY WEEKLY RANGE
====================
5688/5777/5866-5955-6044/6133/6222
AS PER ASTRO THIS WEEK
========================
TUESDAY.... NEGATIVE DAY AND PULL BACK AT CLOSING.
WEDNESDAY.. SIDEWAY MOVES.
THURSDAY... POSITIVE DAY
FRIDAY..... RANGE BOUND DAY WITH NEGATIVE BIAS.
FRIDAY..... POSITIVE DAY.
NIFTY FUTURE MOMENTUM PLAY ON TUESDAY
========================================
BUY NIFTY-FUT ABOVE 6022 TARGET 6044/6088 STOPLOSS 5999.
SELL NIFTY-FUT BELOW 5977 TARGET 5955/5911 STOPLOSS 6000.
ASTRO VIEW 07/12/2010
======================
MOON SAIL IN MOOLAM STAR (KETHU SAARAM).
THIS IS THANUSH SIGN.
WHICH IS 10TH PLACE FROM GURU,
AND SAME PLACE FROM RAAHU.
AS MOON SAILING IN KETHU SAARAM ALONG WITH
RAAHU, TRADERS MINDS MAY FILLED WITH UNKNOWN
FEAR, RESULTING NEGATIVE TREND TO MARKET.
AS THIS HAPPEN IN GURU'S HOME LITTLE PULL BACK
MAY EXPECTED AT CLOSING HOURS.
07/12/2010 BIRTH NO.7 FATE NO.4
-----------------------------------
SAME TREND EXPLAINED AS ABOVE.
OUT PERFORMERS FOR 07/12/2010
-------------------------------
IT, PHARMA, AND TELECOM.
UNDER PERFORMERS FOR 07/12/2010
--------------------------------
LARGE-CAPS, FMCG, AND TEXTILES.
LAGNAA TIMES DURING TRADING HOURS
------------------------------------
OPENING ..to.. 09.40am THANUSH NEUTRAL
09.40am ..to.. 11.30am MAKARAM NEUTRAL
11.30am ..to.. 01.08pm KUMBAM NEGATIVE
01.08pm ..to.. 02.43pm MEENAM NEUTRAL
02.43pm ..to.. CLOSING MESHAM POSITIVE
LAGNA TIMES CALCULATED WITH MUMBAI SUNRISE.
TECHNICAL VIEW
================
LAST(06/12) CLOSE@5992 (-1 POINTS)
LAST HIGH@6069 LOW@5981
WEEKLY HIGH@6069 LOW@5690
5DMA@5964
20DMA@6006
50DMA@6064
200DMA@5492
IMMEDIATE TREND NEGATIVE.
NEXT RESISTANCE ZONE 6044-66 LEVEL.
NIFTY GET STRONG AT BOTTOM AS 200DMA
IS MOVING UPWARDS.
5-DAY RSI 62 AND 14-DAY RSI 50.
INDICATES NIFTY ENTERING INTO BULLISH ZONE.
WEEKLY KEY RESISTANCE@6044/6133/6222
WEEKLY PIVOT @5955
WEEKLY KEY SUPPORT@5866/5777/5688
EXPECTED RANGE FOR 07/12/2010.
IN SPOT 5866-6044
SPOT RESISTANCE FOR 07/12/2010..... 6022/6044
SPOT SUPPORTS FOR 07/12/2010..... 5955/5911/5866
SHORT-TERM TREND ONLY FOR THOSE WHO FOLLOW ASTROLOGY
=======================================================
AS GURU SAILING IN MEENAM WITH KADAKAM-APEX-NAVAMSAM,
AS EXPECTED GOLD AND CURRENCY START TO RALLY.
THIS RALLY PULLING DOWN THE EQUITY MARKETS.
FROM 5TH DECEMBER GURU ENTER INTO SECOND HALF
OF KADAKAM-NAVAMSHAM AND SAILING WITH GOOD POWER.
GOOD PULL BACK SEEN IN LAST WEEK. BUT MORE
POWER TO NIFTY EXPECTED FROM 3RD JANUARY.
GURU EXIT FROM KADAKAM-NAVAMSHAM ON THAT DAY.
TRADE WITH CAUTION UP TO 3RD JANUVARY.
ANY HOW WE EXPECT A HUGE RALLY FROM THEN,
UPTO MAY 2011.
GET READY TO TRADE NIFTY IN FIVE DIGITS.
ASTRO-BASED WEEKLY NOTES FOR TRADERS
=====================================
1.REALITY POSITIVE DAYS AHEAD.
--------------------------------
SUKRAN IN OWN HOME(THULAM)AND THE REVERSAL MODE
CHANGED LAST WEEK. THIS WEEK TAKE MAKARAM AND KUMBAM
FREINDLY HOMES AS NAVAMSHAM. POSITIVE MOVES EXPECTED
FROM HERE AND USE EVERY DIPS TO BUY.
2. POWER, INFRA AND FERTILIZER CAN WITHHOLD.
---------------------------------------------
THIS WEEK MARS SAILING IN THANUSH AND HOLD RISHABAM
AND MITHUNAM AS NAVAMSHAM. LITTLE POSITIVE EXPECTED.
3. SOME LITTLE PAINS LEFT FOR TELECOM
-------------------------------------
MARS NOW SAILING IN THANUSH HOME. ALSO TAKE
RISHABAM AND MITHUNAM HOMES AS NAVAMSHAM.
BUT MERCURY START TO GET SAIL IN VAKRAM(REVERSAL)
MODE FROM SUNDAY(28/11/2010).
WE EXPECT SOME LITTLE PAINS LEFT FOR TELECOM.
BUT OUR LONG TERM EXPECTATION
REMAINS SAME AND WE ADVISE TO ACCUMULATE IN DIPS.
4. WORST OVER FOR STEEL AND OIL.
------------------------------------
SATURN NOW IN KANYA SING AND TAKING RISHABAM
FRIENDLY-NAVAMSHAM. LAST WEEK SATURN LOST GURU'S
7TH VIEW BUT NOW REGAIN THE SAME. EXPECT SOME
BOUNCE IN ABOVE SECTORS IN THIS WEEK.
5. BANKING AND FINANCE
----------------------
SAME AS LAST WEEK. BUY IN DIPS.
GURU SHIFTED TO MEENAM OWN HOME LAST WEEK.
KEEPING KADAKAM-APEX-HOME AS NAVAMSHAM GETTING
HUGE POWER. WE EXPECT POSITIVE TREND FOR LARGE
AND MID-CAP BANKS FROM HERE.
SBI AND ICICI CAN DO WELL. WE HOPE RECOVERY
OF NIFTY WILL LEAD BY THIS SECTOR ONLY.
7. OTHERS
-----------
PSU=== NEGATIVE FROM TUESDAY.
AUTO== POSITIVE
IT==== POSITIVE
RIL=== NEUTRAL WEEK.
ADAG== POSITIVE WEEK EXCEPT RCOM.
NEW OFFER NIFTY OPTION MELA TRAIL FOR JUST RS.500
=================================================
WE EXPECT A HIGH VOLATILE AND
WIDE TRADING RANGE IN NIFTY AND
MARKET IN UP TO DEC.2010.
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 AT LEAST 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.
