Thursday, February 23, 2012

NIFTY OUTLOOK FOR 24/02/2012

NIFTY TAKE SUPPORT FROM 5460 AND CLOSES
AT 5483 AFTER VOLATILE MOVES. GLOBAL
MARKETS ARE DANCING TO THE TUNES OF NEWS
FLOWS. DOW RECOVER FROM EARLY DAMAGE.

SO, WE ARE SHIFTING FROM TRENDING MARKET
TO TRADING MARKET. SO ALL TRADES MUST
BASED ON INTRADAY ONLY FOR FEW DAYS.

AS PER ASTRO NEGATIVE DAYS EXPECTED
FROM 1ST MARCH.


REST ARE REMAIN AS FOLLOWS,
BULLS ARE ON THE WAY TO 5666.
ANOTHER DESTINATION IS AT 5755.
AS PER WEEKLY CHART, THE BREAK OUT POINT,
FROM LOW 4531 IS 5399. BULLS MAKE A WEEKLY
CLOSE ABOVE 5399. SO THE TARGET FOR THIS BREAK
OUT IS 5399+(5399-4531)=6267.

AS THIS IS SHOWN IN WEEKLY CHART IT WILL TAKE
THREE OR FOUR MONTHS TO COMPLETE THE TARGET.

RE-TESTING 5399 OR 5111 FROM 5666 OR FROM
5755 ALSO ON CARD IN THE MONTH OF MARCH.

AS PER ASTRO
GREEN TREND SEEN UP TO 29TH FEBRUARY.
NEGATIVE TREND SEEN FROM MARCH.


ASTRO SIGNALS FOR THE WEEK AHEAD.
-----------------------------------

AS SUN IN KUMBAM HOME, THIS WEEK GETTING
MAKARAM AND KUMBAM HOMES AS AMSAMS.
GREEN FOR PSU SECTORS IN THIS WEEK.

GURU SHIFTED TO KADAKAM-APEX-AMSAM.
BANKING AND FINANCE SECTORS
WILL RALLY UP TO 28TH FEBRUARY 2012.

AS SATURN SAILING IN VAKRAM-REVERSAL MODE
IN APEX HOME CONSOLIDATION SEEN FOR
STEEL, METAL, AND OIL SECTORS. BOOK
PROFITS IN RALLY.

REALITY SECTORS CAN RALLY UP TO 01/03/2012,
AS SUKRAN SHIFTED TO HIS APEX HOME.
AS SUKRAN TAKES MAKARAM AND KUMBAM AMSAM
HIGH VOLATILE AND DIPS MAY SEEN.
CATCH IN DIPS.

RAAHU AND KETHU SAING IN VARKOTHMAM FROM
LAST WEEK. IT, PHARMA, MIDCAPS AND AUTO
SECTORS CAN RALLY FOR ANOTHER ONE MONTH.

AS MARS SAILING WITH POWER AND ALSO IN
REVERSAL MODE POWER, AND INFRA SECTOR
RALLY AFTER LITTLE CONSOLIDATION.

OVER ALL ASTRO VIEW FOR NIFTY IS POSITIVE
UP TO FEBRUARY 2012. NEGATIVE TREND EXPECTED
FROM 1ST MARCH.


TECHNICAL FOR THE WEEK AHEAD
----------------------------------

BULLS CAN CATCH IN DIPS AS LONG AS NIFTY
HOLDS 5400. KEEP 5355 AS STOPLOSS FOR ALL
LONGS. 5666 AND 5755 ARE TARGETS.

BEARS CAN INITIATE FRESH SHORTS AFTER A
CLOSE BELOW 5400 KEEPING 5444 AS SL.

GOLD TRADING ABOVE 1750 AT 1777.
US DOLLAR INDEX TRADING AT 79 NOW AT 79.04.
NYMEX CRUDE TRADING BELOW 100 NOW AT 105.63.
DOW TRADING 32POINTS GREEN AT 9PM ON THURSDAY.
NEUTRAL TREND SEEN.


NIFTY WEEKLY RANGE
===================
5311/5400-5488-5577/5666/5755

AS PER ASTRO THIS WEEK
=======================
FRIDAY....... NEGATIVE DAY.


NIFTY FUTURE MOMENTUM PLAY FOR FRIDAY
=========================================
BUY NIFTY-FUT ABOVE 5533 TARGET 5577/5622 STOPLOSS 5511.
SELL NIFTY-FUT BELOW 5488 TARGET 5466/5444 STOPLOSS 5511.

MOMENTUM PLAY FOR BANKNIFTY
============================
BUY ABOVE 10,800 TARGET 10888/10977 STOPLOSS 10755.
SELL BELOW 10,711 TARGET 10622/10533 STOPLOSS 10755.



ASTRO VIEW 24/02/2012
======================

MOON SAILING IN UTHRATTATHI STAR SATURN SAARAM,
THIS IS MEENAM SIGN.

GURU IS SAILING IN 2ND PLACE.
RAAHU IS SAILING IN 9TH HOME.


HIGH VOLATILE EXPECTED WITH LITTLE RED.



24/02/2012 BIRTH NO.6 FATE NO.4
-------------------------------------
GOOD FOR, REALITY, AND BANKING.

OUT PERFORMERS FOR 24/02/2012
----------------------------------
REALITY AND BANKING.

UNDER PERFORMERS FOR 24/02/2012
------------------------------------
UP TO NOON, MID CAPS.



LAGNAA TIMES DURING TRADING HOURS
----------------------------------
opening ..to.. 09.53am MEENAM NEUTRAL
09.53am ..to.. 11.36am MESHAM NEUTRAL
11.36am ..to.. 01.36pm RISHABAM POSITIVE
01.36pm ..to.. closing MITHUNAM NEUTRAL

LAGNA TIMES CALCULATED WITH MUMBAI SUNRISE.



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

LAST(23/02) CLOSE@5483 (-22 POINTS)

LAST HIGH@5537 LOW@5460
WEEKLY HIGH@5629 LOW@5322

5DMA@5536
20DMA@5368
50DMA@5023
200DMA@5178

POSITIVE ABOVE 5511.
NEXT RESISTANCES AT 5533 AND AT 5555.
NEGATIVE BELOW 5466.
NEXT SUPPORTS AT 5444 AND AT 5422.

5-DAY RSI 50 AND 14-DAY RSI 65.
INDICATES NIFTY PLACED IN BULLISH ZONE.

WEEKLY KEY RESISTANCE@5577/5666/5755
WEEKLY PIVOT @5488
WEEKLY KEY SUPPORT@5400/5311

EXPECTED RANGE FOR 24/02/2012
IN SPOT 5422-5555

SPOT RESISTANCE FOR 24/02/2012 5511/5533/5555
SPOT SUPPORTS FOR 24/02/2012 5466/5444/5422



ASTRO-BASED WEEKLY NOTES FOR TRADERS
====================================

1.REALITY... GREEN AND VOLATILE WEEK.
-----------------------------------------
SUKRAN-VENUS SAILING IN
MEENAM-APEX HOME. THIS WEEK TAKING MAKARAM
AND KUMBAM AMSAM. ANOTHER GREEN WEEK WITH
VOLATILE MOVES. CATCH IN DIPS.
RALLY FOR REALTY UP TO 1ST MARCH.

2. POWER, INFRA AND FERTILIZER
---------------------------------
MARS SAILING IN SIMMAM.
NOW IN REVERSAL MODE.
THIS WEEK TAKING KANYA HOME AS
AMSAM. EXPECT NEUTRAL TREND
WITH CONSOLIDATION IN THIS WEEK.

3. TELECOM- GREEN WEEK
----------------------------
PUTHAN SAILING IN KUMBAM HOME.
MARS IN SAILING IN KANYA HOME.
MILD GREEN TREND SEEN FOR THIS WEEK.

4. OIL AND STEEL
---------------------
SATURN SAILING IN APEX HOME.
FROM LAST WEEK SAILING IN REVERSAL
MODE IN APEX HOME.
CONSOLIDATION EXPECTED.

5. BANKING AND FINANCE.
-------------------------------
GURU SHIFTED TO TO KADAKAM APEX AMSAM.
POSITIVE FOR BANKING
FOR NEXT TWO WEEKS. CATCH IN DIPS.

7. OTHERS
-----------
PSU........ POSITIVE WEEK.
AUTO....... POSITIVE WEEK.
IT/PHARMA.. NEUTRAL WEEK.
RIL........ POSITIVE WEEK.
ADAG....... NEUTRAL WEEK.


NIFTY OPTION TRAIL FOR JUST RS.500
==================================

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