Thursday, March 1, 2012

NIFTY OUTLOOK FOR 02/03/2012

SLOWLY THE CONSOLIDATION IS GOING ON.
LITTLE MORE CORRECTION WILL BE GOOD FOR
NIFTY. THE 50DMA IS MOVING CLOSE TO
200DMA. SO MUCH AWAITED GOLDEN CROSS
WILL TAKE PLACE IN NEXT TWO WEEKS.

UP TO THAT VOLATILE TRADING DAYS EXPECTED.

SO BULLS HAVE TO MANAGE
TO CLOSE ABOVE 5488 TO BRING THE BULLISH
TREND.

AS WE POSTED EARLIER,
ANY CLOSE BLOW 5399 WILL LEAD
NIFTY TO 5222 OR TO 5100.
DONT TRY FOR ''CATCH IN DIPS'' FOR SOME DAYS.

NOW MORE BEARS ARE WAITING AT 5399 AND AT 5444.
ALLOW NIFTY TO GET CONSOLIDATION OR CORRECTION
COMPLETELY. LONGS ONLY AFTER CLEAR REVERSAL.


AS PER ASTRO
NEGATIVE DAYS EXPECTED FROM 1ST MARCH.
ALSO VOLATILE TRADING DAYS
EXPECTED FROM 7TH MARCH.


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

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

GURU SAILING WITH KADAKAM-APEX-AMSAM.
FROM 1ST MARCH SHIFTING TO SIMMAM AMSAM.
BANKING AND FINANCE SECTORS
WILL RALLY UP TO 28TH FEBRUARY 2012.
CONSOLIDATION FOR BANKING EXPECTED
FROM 1ST MARCH.

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

REALITY SECTORS CAN RALLY UP TO 01/03/2012,
AS SUKRAN SAILING IN HIS APEX HOME.
NO DEEP CORRECTION EXPECTED AFTER THEN.
CAN HOLD REALITY FOR THREE MORE MONTHS.

RAAHU AND KETHU SAING IN VARKOTHMAM.
IT, PHARMA, MIDCAPS AND AUTO
SECTORS CAN SUSTAIN HERE. FRESH RALLY
ALSO EXPECTED FROM 15NTH MARCH.

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




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

BULLS CAN INITIATE FRESH LONGS AFTER
A CLOSE ABOVE 5488 KEEPING 5444 AS SL.

BEARS HAVE TO KEEP 5400-SPOT AS SL FOR
ALL SHORTS. TARGETS ARE 5200 AND 5111.

GOLD TRADING AT 1700 AT 1709.
US DOLLAR INDEX TRADING AT 79 NOW AT 78.82.
NYMEX CRUDE TRADING NEAR 110 NOW AT 107.44.
DOW TRADING 55POINTS GREEN AT 9PM ON THURSDAY.
GREEN TREND SEEN.


NIFTY WEEKLY RANGE
===================
5266/5355-5444-5533/5622

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


NIFTY FUTURE MOMENTUM PLAY FOR FRIDAY
=========================================
BUY NIFTY-FUT ABOVE 5400 TARGET 5422/5444 STOPLOSS 5377.
SELL NIFTY-FUT BELOW 5355 TARGET 5333/5311 STOPLOSS 5377.

MOMENTUM PLAY FOR BANKNIFTY
============================
BUY ABOVE 10,377 TARGET 10466/10555 STOPLOSS 10333.
SELL BELOW 10,288 TARGET 10200/10111 STOPLOSS 10333.



ASTRO VIEW 02/03/2012
======================

MOON SAILING IN MIRHASREEDAM MARS SAARAM.
THIS IS MITHUNAM SIGN.

GURU IS SAILING IN 11TH PLACE.
RAAHU IS SAILING IN 6TH HOME.


NEGATIVE TREND EXPECTED FROM NOON.



02/03/2012 BIRTH NO.2 FATE NO.1
-------------------------------------
RANGE BOUND MARKET ON CARD.

OUT PERFORMERS FOR 02/03/2012
----------------------------------
MEDIA AND BROKING FIRS.

UNDER PERFORMERS FOR 02/03/2012
------------------------------------
LARGE CAPS.



LAGNAA TIMES DURING TRADING HOURS
----------------------------------
opening ..to.. 09.25am MEENAM NEUTRAL
09.25am ..to.. 11.08am MESHAM NEGATIVE
11.08am ..to.. 01.08pm RISHABAM NEGATIVE
01.08pm ..to.. closing MITHUNAM NEUTRAL

LAGNA TIMES CALCULATED WITH MUMBAI SUNRISE.



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

LAST(01/03) CLOSE@5339 (-46 POINTS)

LAST HIGH@5372 LOW@5297
WEEKLY HIGH@5629 LOW@5268

5DMA@5363
20DMA@5414
50DMA@5093
200DMA@5173

POSITIVE ABOVE 5355.
NEXT RESISTANCES AT 5377 AND AT 5400.
NEGATIVE BELOW 5311.
NEXT SUPPORTS AT 5288 AND AT 5266.

5-DAY RSI 37 AND 14-DAY RSI 52.
INDICATES NIFTY PLACED IN NEUTRAL ZONE.

WEEKLY KEY RESISTANCE@5533/5622
WEEKLY PIVOT @5444
WEEKLY KEY SUPPORT@5355/5266

EXPECTED RANGE FOR 02/03/2012
IN SPOT 5266-5400

SPOT RESISTANCE FOR 02/03/2012 5355/5377/5400
SPOT SUPPORTS FOR 02/03/2012 5311/5288/5266



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

1.REALITY... GREEN WEEK.
-----------------------------------------
SUKRAN-VENUS SAILING IN
MEENAM-APEX HOME. THIS WEEK TAKING KUMBAM
AND MEENAM AMSAM. GREEN EXPECTED UP TO
WEDNESDAY.

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

3. TELECOM- NEUTRAL WEEK
----------------------------
PUTHAN SAILING IN KUMBAM HOME.
FROM 1ST MARCH GETTIN MEENAM DECLINE
HOME.MARS IN SAILING IN KANYA HOME.
NEUTRAL 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 SAILING IN KADAKAM APEX AMSAM.
POSITIVE FOR BANKING UP TO 1ST MARCH.
THEN SOME CONSOLIDATION EXPECTED.

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



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

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