SENSEX REACHED THE LANDMARK 18000.
STILL FII ARE NET BUYERS. DII ARE
BOOKING PROFITS. GLOBAL MARKETS
CONSOLIDATED AT HIGH LEVELS.
OUR EYES ARE AWAITING FOR Q4 RESULTS.
NIFTY INTRADAY TRADING RANGE WIDEN.
TODAY VOLUME INCRESE ONLY AFTER A
DIP OF 40 POINTS.
NO CLEAR TREND AVAILABLE.
BEARS HAVE TO WAIT.
AND BULLS HAVE TO BE CAUTION.
Trading Strategies
===================
NIFTY WILL FACE HURDLE IN EVERY RISE.
AND ALSO GET SUPPORT IN EVERY DOWM
UPSIDE.... 5388/5400/5411/5422
DOWNSIDE.... 5355/5333/5311/5288
TODAY PLAY WITH 5400 PUT AND 5300 CALLS.
SELL IN RISE. BUY IN DIPS. STOPLOSS MUST.
EXIT WITH MINIMUM PROFITS.
ABOVE TRADE IS NOT AMETURE. IT IS MATURE
TRADE TECHNICH CALLED RECTANGLE TRADING
STRATEGIES.
FOLLOW THE LINK FOR MORE DETAILS ABOUT IT
http://stockcharts.com
ASTRO VIEW
============
MOON SAIL IN THIRUVONAM( OWN SAARAM) STAR.
THIS IS MAKARAM SIGN WHICH IS
12TH PLACE FROM GURU AND 2ND FROM RAKU.
INDICATE CONSOLIDATION.
AFTER LONG TIME NIFTY TRADERS
CAN MAKE MONEY ON BOTH SIDES.
08/04/2010 BIRTH NO.8 FATE NO.6
GOOD FOR TRADE IN NIFTY.
SEE BIG SWING ON BOTH SIDES.
OUT PERFORMERS FOR 08/04/2010
-------------------------------
TEXTILES SHIPING AND EXPORTS
UNDER PERFORMERS FOR 08/04/2010
--------------------------------
ALL BANKS.
LAGNAA TIMES DURING TRADING HOURS
----------------------------------------------------------------
OPENING ..to.. 10.46am RISHABAM POSITIVE
10.46am ..to.. 12.56pm MITHUNAM NEGATIVE
12.56pm ..to.. 03.00pm KADAKAM NEUTRAL
03.00pm ..to.. CLOSING SIMHAM NEGATIVE
LAGNA TIMES CALCULATED WITH MUMBAI SUNRISE.
TECHNICAL VIEW
================
LAST CLOSE@5374 (+8 POINTS)
LAST HIGH@5399 LOW@5345
WEEKLY HIGH@5399 LOW@5235
20DMA@5237
50DMA@5032
200DMA@4857
5DAY RSI 80 AND 14DAY RSI 72
INDICATE OVERBOUGHT SIGNALS.
SWING TRADERS CAN SHORT NIFTY
TODAY AT DAY HIGH.
EXPECT RANGEBOUND 5200-5422 INTRADAY
SUPPORTS FOR 08/04/2010..... 5333/5288/5244/
RESISTANCE FOR 08/04/2010..... 5400/5411/5422/
