Wednesday, March 31, 2010

NIFTY OUTLOOK FOR 01/04/2010

FY11 STARTS TODAY WITH CLOUDS OVER
THE HEAD. GLOBAL MARKET ARE IN
CONSOLIDATION MODE. AS WE HAVE ALREADY
POSTED HERE FII CAN THROW AWAY THEIR
HOLDINGS AT ANY TIME. MAKE SURE THAT
YOU ARE NOT VICTIM FOR THEIR WILD PLAY.

DONT GO LONG WITHOUT STOPLOSS.
DONT STAY LONG WITHOUT HEDGING.

MANY OF US MISSED THE RALLY FROM 2555 TO 5333.
DONT WORRY. AGAIN GET READY TO
PARTICIPATE IN THE RALLY FROM 3777 TO 7333.

WE EXPECT RANGE BOUND MARKET FOR
ANOTHER DAY BETWEEN 5200-5333
SELL IN EVERY RISE AND
EXIT WITH MINIMUM PROFIT.


ASTRO VIEW
============
MOON SAIL IN SUVATHI(RAAKU SAARAM) STAR
FULLDAY. THIS IS THULAM SIGN WHICH IS
NINTH PLACE FROM GURU ALSO
11TH PLACE FROM RAAHU. SEE VOLATILE
PICKING UP IN CLOSING HOURS.
ASPER ASTRO TODAY IS BETTER THEN
MONDAY(05/04/2010)

REMINDER(3RD TIME)
AS SUKRAN SHIFTED FROM ITS APEXHOME( MEENAM)
TO MESHAM EXIT FROM LONGS IN REALITY.WE EXPECT
ANOTHER DOWN IN REALITY FROM THIS WEEK END.


01/04/2010 BIRTH NO.1 FATE NO.8
VOLATILE AND PANIC MAY RULE OVER
IN THE CLOSING HOURS.


OUT PERFORMERS FOR 01/04/2010
-------------------------------
TELECOM AND SMALL CAP IT

UNDER PERFORMERS FOR 01/04/2010
--------------------------------
ALL LARGE CAPS



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

OPENING ..to.. 09.12am MESHAM NEUTRAL
09.12am ..to.. 11.11am RISHABAM NEGATIVE
11.11am ..to.. 01.23PM MITHUNAM POSITIVE
01.23pm ..to.. CLOSING KADAKAM NEUTRAL AND VOLATILE
LAGNA TIMES CALCULATED WITH MUMBAI SUNRISE.



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

LAST CLOSE@5249
LAST HIGH@5293 LOW@5235
WEEKLY HIGH@5329 LOW@5101

20DMA@5186
50DMA@5020
200DMA@4841

5DAY RSI 52 AND 14DAY RSI 63
INDICATE NO SIGNALS.

SWING TRADERS BEGANE TO SHORT NIFTY.
BUT WE HOPE FOR RANGEBOUND 5200-5333.
EXIT ALL LONGS BELOW 5186.
TODAY PLAY WITH 5300 PUTS.

SUPPORTS FOR 31/03/2010…. 5244/5200/5177
RESISTANCE FOR 31/03/2010….. 5288/5311/5333


TODAY CALLS (31/03/2010)
==========================

CUSTOMERS ASKED TO
BUY 5300PUTS AT 109 AND TO EXIT AT 130
WITH 20 POINTS PROFITS
WE HOPE WE CAN RE ENTER AT LOWER LEVELS.