Thursday, March 25, 2010

NIFTY OUTLOOK FOR 26/03/2010

IN GENERAL EVERY MARKET RALLY STARTED BY COMMODITY
STOCKS LIKE OIL MINES AND STEEL. THIS START FOLLOWED
BY BANKING AND FINANCE. AFTER THEN CELEBRATED BY
INFRA POWER AND REALITY.
FMCG AND PHARMA ARE DEFANCIVE SECTORS. THEY PERFORM
ONLY AT CORRECTION TIMES AS INVESTORS DIVERT INTO
THE DEFANCIVE SECTORS.
BUT NOW IT AND AUTO LEAD THE RALLY. FOLLOWED BY
PHARMA WITH HOPES GIVEN BY US HEALTHCARE BILL.
SO GLOBAL TRENDS PLAY IMPORTANT ROLE.

REMINDER.1
MARKET EXPECT ANOTHER HIKE IN APRIL BY RBI.
CAUTION FEELING FILLED WITH PARTICIPANTS.
SO ABOVE 5311 IS DIFFICULT.
FOR FEW MORE DAYS SELL IN EVERY RISE AND
EXIT WITH MINIMUM PROFIT.


ASTRO VIEW
============
MOON SAIL IN AAYILPAM(PUTHAN SAARAM) STAR
FULLDAY. THIS IS KADAKAM SIGN AND SEVVAI IN DECLINE
POSITION ALREADY THERE. WHICH IS SIXTH PLACE FROM
GURU ALSO EIGTH PLACE FROM RAAHU.
THIS SIGNALS CORRECTION MARKET WITH NEGATIVE BIAS.

REMINDER.2
AS SUKRAN SHIFT FROM ITS APEXHOME( MEENAM)
TO MESHAM IN WEEKEND EXIT FROM LONGS IN REALITY.


26/03/2010 BIRTH NO.8 FATE NO.5
SEE TIGHT RANGE WITH NEGATIVE BIAS.
COMBINATION OF 8 AND 5
GIVING CAUTION SIGNALS.



OUT PERFORMERS FOR 26/03/2010
MEDIA AND SMALL CAP BANKS.

UNDER PERFORMERS FOR 26/03/2010
POWER TELECOM AND INFRA.



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

OPENING ..to.. 09.30am MESHAM NEUTRAL
09.30am ..to.. 11.30am RISHABAM NEGATIVE
11.30am ..to.. 01.40PM MITHUNAM NEGATIVE
01.40pm ..to.. CLOSING KADAKAM POSITIVE
LAGNA TIMES CALCULATED WITH MUMBAI SUNRISE.




TECHNICAL VIEW
---------------

LAST CLOSE@5260
LAST HIGH@5267 LOW@5202
WEEKLY HIGH@5269 LOW@5101

20DMA@5114
50DMA@5017
200DMA@4827
5DAY RSI 72 AND 14DAY RSI 69
INDICATE NO SIGNALS.
A CLOSE ABOVE 5311 CAN LEAD MARKET TO 5511.
BUT WAIT FOR CLEAR SIGNALS.
EXIT ALL SHORTS AT 5311.

SUPPORTS FOR 25/03/2010 5177/5155/5111
RESISTANCE FOR 25/03/2010 5233/5244/5266