THE PANIC ABOUT AYOTHYAA VERDICT PULL DOWN NIFTY
TO 5932 AND RECOVERED A LITTLE AND CLOSE AT 5959.
NIFTY CLOSED WELL BELOW 6000 AND MAY MAKE ANOTHER
ATTEMPT TO CROSS OVER 6044.
THIS INDICATES MARKET LOOSING STEAM.
TRADERS CAN INITICIATE SHORT AROUND 6022-44 LEVEL
WITH MUST STOPPLOSS @5066 AND WITH TARGET 5888.
AS WE POSTED HERE NIFTY HAVE SPEND 2DAYS IN THE
RANGE 5950-6044. FRIDAY OR MONDAY NIFTY MAY BREAK
THIS RANGE AND TRADE WITH CLEAR DIRECTION. WE
HOPE CHANCES ARE MORE FOR DOWNSIDE.
FOLLOWING LINES STILL VALID.
NIFTY RALLIED 1200 POINTS FROM JULY LOW.
NOW NIFTY IS WAITING FOR GLOBAL SIGNALS. ANY FIREWORK
IN GLOBAL MARKETS MAY LIFT NIFTY TO OTHER TARGET @5222.
ANY GLOBAL SELL-OFF MAY BRING LIFE TO BEARS AND LONG
AWAITED DOWNTREND MAY GET STARTED TARGET @5244.
ASTRO-BASED WEEKLY NOTE TO THE TRADERS
======================================
NEXT WEEK NOTES WILL BE POSTED HERE ON SATURDAY.
KINDLY EXIT FROM POSITIONS IN STOCKS AT CLOSING.
AS PER ASTRO IN THIS WEEK
=========================
FRIDAY CHOPPY WITH GREEN IN MORNING AND
RED AT CLOSING.
NIFTY WEEKLY RANGE
===================
5600/5644/5688-5777-5911/6000/6044
INTRADAY TRADING ON FRIDAY
===========================
BUY NIFTY ABOVE 5977 TARGET 6022 STOPLOSS 5955.
SELL NIFTY BELOW 5955 TARGET 5911 STOPLOSS 5977.
ASTRO VIEW 24/09/2010
======================
MOON SAIL IN UTHRATATHI STAR (SATURN SAARAM) UP TO
12.28PM AND AFTER THEN IN REVETHI STAR (PUTHAN SARAM)
IN MEENAM SIGN ALONG WITH GURU.
THIS IS THIRD PLACE FROM RAAKU.
AS MOON SAIL WITH GURU MAY BRING POSITIVE TO MARKET.
BUT SANI AND PUTHAN SAARAM WITH WEEKLY CLOSING
MAY PULL DOWN AND VOLATILE WITH RED EXPECTED.
24/09/2010 BIRTH NO.6 FATE NO.9
-----------------------------------
GOOD FOR REALITY.
OUT PERFORMERS FOR 24/09/2010
------------------------------
REALITY, AND MID-CAP BANKS.
UNDER PERFORMERS FOR 24/09/2010
--------------------------------
IT AND OIL MARKETING COMPANIES.
LAGNAA TIMES DURING TRADING HOURS
------------------------------------
OPENING ..to.. 10.23am THULAM NEGATIVE
10.23am ..to.. 12.36pm VIRUCHIKAM POSITIVE
12.36pm ..to.. 02.43pm THANUSH POSITIVE
02.43pm ..to.. closing MAKARAM NEUTRAL
LAGNA TIMES CALCULATED WITH MUMBAI SUNRISE.
TECHNICAL VIEW
================
LAST(23/09) CLOSE@5959 (-32 POINTS)
LAST HIGH@6006 LOW@5932
WEEKLY HIGH@6037 LOW@5515
5DMA@5965
20DMA@5682
50DMA@5537
200DMA@5231
SEE NIFTY TRADING ABOVE ALL DMA'S.
POSITIVE ABOVE 5977 AND NEGATIVE BELOW 5955.
5-DAY RSI 72 AND 14-DAY RSI 75.
INDICATES NIFTY IN OVER BOUGHT ZONE.
( AS 14DAY HIGH THAN 5DAY)
WEEKLY KEY RESISTANCE@56000/6044
WEEKLY PIVOT @5777
WEEKLY KEY SUPPORT@5688/5600
EXPECTED RANGE FOR 24/09/2010.
5911-6044
RESISTANCE FOR 24/09/2010..... 6000/6022/6044
SUPPORTS FOR 24/09/2010..... 5955/5933/5911
NEW OFFER NIFTY OPTION MELA TRAIL FOR JUST RS.500
=================================================
WE EXPECT A HIGN VOLATILE AND
WIDE TRADING RANGE IN NIFTY AND
MARKET IN UPTO DEC.2010.
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.
