Saturday, May 8, 2010

NIFTY OUTLOOK FOR 10/05/2010 BY niftysign.blogspot.com

INDIAN COMPANIES DELIVER GOOD EARNINGS
AND FAIR GROWTH. BUT DUE TO GLOBAL
MARKETS OUR MARKET ALSO STARTED CORRECTION.
DUE TO THE PRICE DISCOUNTS AND EARNING
GROWTH OUR PE VALUE IS GETTING MORE ATTRACTIVE.

IF THE GLOBAL MARKETS AND COMMODITIES CONTINUE
THE CORRECTION THE 200DMA SUPPORT 4950 MAY TAKEN OUT.
AND THE NEXT MEANINGFULL SUPPOR IS AT 4691 WHICH
ACTED AS RESISTANCE LAST YEAR.

WE HOPE DOWNWARD TREND CONTINUE AFTER TESTING
THE RESISTANCE AT 5166-5177.
ANOTHER TARGET AT 4950 WHICH IS 61.8% RETRACEMENT.

WE HOPE THE GLOBAL CORRECTION MAY
CONTINUE FOR ANOTHER TWO WEEKS.
VOLATILE IS NOW AT HIGH. MARKET WILL TAKE
TWO WEEKS TO GET COOL.


THE 5177-5199 LEVEL JUST BELOW THE 50DMA
GIVE GOOD SUPPORT FOR NIFTY MANY TIMES.
NOW THE SAME LEVEL TURN AS STRONG RESISTANCE.

WE EXPECT A HIGH VOLATILE AND
WIDE TRADING RANGE IN NIFTY FOR FEW MORE DAYS.
MAKE MONEY ON BOTH SIDES WITH BRAVE HEART.
KEEP TIGHT STOPLOSS FOR ALL TRADES.

AS PER ASTRO VIEW WE DONT EXPECT SHARP CORRECTION.
NIFTY HAVE GOOD SUPPORT AT 4888-4922 LEVEL.
AND THE PULL BACK WILL BE FAST.

NIFTY TRADING RANGE
-------------------
FOR 10/05/2010 WILL BE 4977-5111

ASTRO VIEW POSITIVE TO NUETRAL.


TODAY OUR CUSTOMERS
----------------------------
ASKED TO HOLD 5200CALLS FOR
ONE MORE DAY. WE WILL GIVE CALL ONLY
AFTER THE EXIT CALL OF CURRENT.
NEW CUSTOMERS PLEASE WAIT.


ASTRO VIEW
============
MOON UTHRATATHI(SANI SAARAM)
IN MEENAM SIGN ALONG WITH GURU
AND VIEWED BY SANI.
WHICH IS 4TH PLACE FROM RAAKU.
METAL STEEL AND MINES STOCKS
MAY FEEL THE HEALING TOUCH.



10/05/2010 BIRTH NO.1 FATE NO.9
------------------------------------
SEE PULL BACK IN INFRA AND PSU.




OUT PERFORMERS FOR 10/05/2010
-------------------------------
INFRA,METAL AND STEEL.

UNDER PERFORMERS FOR 10/05/2010
--------------------------------
REALITY.



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

OPENING ..to.. 10.11am MITHUMAM NEUTRAL
10.11am ..to.. 12.24pm KADAKAM POSITIVE
12.24pm ..to.. 02.10pm SIMHAM NEGATIVE
02.45pm ..to.. CLOSING KANYA NEUTRAL
LAGNA TIMES CALCULATED WITH MUMBAI SUNRISE.


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

LAST CLOSE@5018 (-72 POINTS)
LAST HIGH@5050 LOW@4984
WEEKLY HIGH@5342 LOW@4984

5DMA@5121
20DMA@5240
50DMA@5195
200DMA@4957

5DAY RSI 13 AND 14DAY RSI 31
INDICATE OVERSOLD SIGNALS.

WEEKLY KEY RESISTANCE@5155
WEEKLY KEY SUPPORT@4977/4888

EXPECTED RANGE FOR 10/05/2010.
4977-5111

RESISTANCE FOR 10/05/2010..... 5066/5088/5111
SUPPORTS FOR 10/05/2010..... 4999/4977/4955



NEW OFFER NIFTY OPTION MELA TRAIL FOR JUST RS.500
=================================================
WE EXPECT A HIGN VOLATILE AND
WIDE TRADING RANGE IN NIFTY AND
MARKET IN MAY AND JUNE.
GOLDEN CHANCE TO EARN FROM NIFTY OPTIONS.
MAKE HUGE PROFITS WITH OUR PERFECT CALLS
IN NIFTY OPTIONS.

CAPITAL NEED RS.10000 PER ONE LOT.
OUR CHARGES RS.100 PER ONE PROFIT CALL.
( WE CONSIDER OUR CALL AS PROFIT CALL
IF YOU MAKE ATLEAST 25 POINTS FROM OPTION)

IF ANY OF OUR CALL MAKE LOSS
THEN THE NEXT PROFIT CALL
WILL BE FREE CALL.

YOU WILL GET NET 5 PROFIT CALLS.
YOUR PROFIT WILL BE MINIMUM RS.6250 IN ONE LOT.

WE WILL GIVE BOTH ENTRY AND EXIT CALLS.
ALL VIA PAID SMS SERVER.

FOR REGISTRATION SMS YOUR NAME TO
MOBILE NO. 08144150157
WE WILL SEND YOU PAYMENT DETAILS.