Wednesday, July 21, 2010

NIFTY OUTLOOK FOR 22/07/2010

NIFTY JUST HOVERING AROUND 5400. PERFECT
CONSOLIDATION HAPPEN TODAY. METAL STOCKS RALLY
AND BANKING STOCKS CORRECTED. BREAK OUT IN UPPER
END OF THE RANGE 5055-5444 IS UNLIKELY.
BREAK-DOWN BELOW 5355 WILL LEAD TO 5266.
TWO CLOSING BELOW 5244 CONFIRM REVERSAL OF
TREND WITH MINIMUM TARGET OF 5055.

STOCK SPECIFIC ACTIONS WITH CHOPPY
TRADING WE EXPECT FOT NEXT TWO DAYS.
KINDLY FOLLOW THE FOLLOWING TO TRADE IN STOCKS.


AS PER ASTRO IN THIS WEEK
--------------------------
THAURSDAY IS NARROW RANGE TRADING
FRIDAY NEGATIVE AND VOLATILE DAY.
LITTLE BOUNCE AT CLOSING.

NIFTY WEEKLY TRADING RANGE
==========================
5155/5200-5400/5444


NOTE TO THE TRADERS.1
---------------------
GURU IN REVERSAL WILL BRING NEGATIVE TREND TO
THE BANKING AND FINANCE. EXIT OR SHOT IN RISE
FROM ABOVE SECTORS.

NOTE TO THE TRADERS.2
---------------------
SATURN SAILING WITH STREANTH. BRING POSITIVE
TO STEEL AND OIL STOCKS. BUY IN DIPS AND
MAKE PROFIT IN ABOVE.

NOTE TO THE TRADERS.3
---------------------
RAAKU GETTING STRONG AND KETHU GETTING WEAK.
POSITIVE FOR MID-CAP IT BUT NEGATIVE FOR
LARGE CAP IT AND PHARMA.

NOTE TO THE TRADERS.4
---------------------
FOR FULL WEE SUKRAN SAILING STRONG. REALITY
AND AUTO STOCKS CAN PERFORM WELL.


TODAY(21/07/2010) TO OUR CUSTOMERS
==================================
NO CALLS GIVEN BUT HOLDING 5200PUTS.
FOR LAST FEW DAYS DUE TO THIN RANGE
WE STAY AWAY FROM MARKETS.


ASTRO VIEW 22/07/2010
=====================
MOON SAIL IN KETTAI STAR ( PUTHAN-SAARAM).
THIS IS VIRUCHIKAM SIGN WHICH IS 12TH
PLACE FROM RAAKU AND NINTH PLACE FROM
GURU. MOON IN DECLINE HOME AND IN SATURN
SAARAM IS NEGATIVE. GURU NINTH VIEW TO MOON
CAN GIVE SOME SUPPORT.


22/07/2010 BIRTH NO.4 FATE NO.5
------------------------------------
GOOD MID-CAP IT, MEDIA AND BROKING FIRMS.


OUT PERFORMERS FOR 22/07/2010
-------------------------------
MID-CAP IT, MEDIA AND BROKING FIRMS.

UNDER PERFORMERS FOR 22/07/2010
--------------------------------
EXPORT, SHIPPING, FMCG, AND CAPITAL GOODS.



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

OPENING ..to.. 10.25am SIMHAM NEUTRAL
10.25am ..to.. 12.30pm KANYA NEGATIVE
12.30pm ..to.. 02.40pm THULAM NEGATIVE
02.40pm ..to.. CLOSING VIRUCHIKAM POSITIVE
LAGNA TIMES CALCULATED WITH MUMBAI SUNRISE.


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

LAST CLOSE@5399 (+31 POINTS)
LAST HIGH@5409 LOW@5368
WEEKLY HIGH@5450 LOW@5351

5DMA@5385
20DMA@5325
50DMA@5183
200DMA@5103

5DAY RSI 66 AND 14DAY RSI 61
INDICATES NO SIGNALS.

WEEKLY KEY RESISTANCE@5400/5444
WEEKLY KEY SUPPORT@5200/5155

EXPECTED RANGE FOR 22/07/2010.
5333-5444

RESISTANCE FOR 22/07/2010..... 5422/5444
SUPPORTS FOR 22/07/2010..... 5377/5355/5333



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=================================================

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OUR CHARGES RS.100 PER ONE PROFIT CALL.
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FOR REGISTRATION SMS YOUR NAME TO
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WE WILL SEND YOU PAYMENT DETAILS.