Saturday, March 27, 2010

NIFTY OUTLOOK FOR 29/03/2010

WE ARE AWAITING FOR A WEEK WHICH WILL
GIVE US A CLEAR DIRECTION FOR APRIL.
NIFTY DOW AND S&P ARE ATTEMPTING TO
JUMP IN TO THE NEW YEAR HIGHS. BUT THEY
NEED A BIG NEWS OR EVENT TO DO SO.
UPTO THAT YOU CAN FOLLOW THE
FOLLOWING TRADE WITH MINIMUM VOLUME.

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 UTHTHIRAM(SUN SAARAM) STAR
FULLDAY. THIS IS KANYA SIGN ALONG WITH
SANI(SATURN) WHICH IS EIGTH PLACE FROM
GURU ALSO TENTH PLACE FROM RAAHU.
THIS GIVES NEGATIVE SIGNALS. SEE SUDDEN
FALL OF 100POINTS IN THIS WEEK.

REMINDER.1
AS SUKRAN SHIFTED FROM ITS APEXHOME( MEENAM)
TO MESHAM EXIT FROM LONGS IN REALITY.
REMINDER.2
AS PUTHAN SHIFTED FROM DECLINE HOME( MEENAM)
TO MESHAM EXIT FROM SHORTS IN TELECOM.


29/03/2010 BIRTH NO.2 FATE NO.8
SEE VOLATILE WITH NEGATIVE BIAS.
COMBINATION OF 2 AND 8
AT ANY TIME MARKET PARTICIPANTS MAY
FALL INTO PANIC.



OUT PERFORMERS FOR 29/03/2010
----------------------------------------------------
TELECOM MEDIA AND SMALL CAP BANKS.

UNDER PERFORMERS FOR 29/03/2010
-------------------------------------------------------
REALITY POWER AND INFRA.



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

OPENING ..to.. 09.22am MESHAM NEGATIVE
09.22am ..to.. 11.21am RISHABAM POSITIVE
11.21am ..to.. 01.33PM MITHUNAM NUETRAL
01.33pm ..to.. CLOSING KADAKAM NEGATIVE
LAGNA TIMES CALCULATED WITH MUMBAI SUNRISE.



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

LAST CLOSE@5282
LAST HIGH@5293 LOW@5260
WEEKLY HIGH@5293 LOW@5101

20DMA@5135
50DMA@5019
200DMA@4831

5DAY RSI 77 AND 14DAY RSI 70
INDICATE NO SIGNALS.

A CLOSE ABOVE 5311 CAN LEAD MARKET TO 5511.
BUT WAIT FOR CLEAR SIGNALS.
EXIT ALL SHORTS ABOVE 5311.

SUPPORTS FOR 29/03/2010…. 5244/5200/5155
RESISTANCE FOR 29/03/2010…. 5288/5311/5333

TODAY(26/03/2010) CALLS GIVEN...
BTST OF 5300PUT AT 102-104.