Monday, October 18, 2010

NIFTY OUTLOOK FOR 19/10/2010 BY niftysign.blogspot.com

NIFTY SLIP DOWN 6000 MARK UPTO 5985 AND RECOVER
TO CLOSE AT 6075. BUT THE NEGATIVE TREND WILL
TERMINATE ONLY IF NIFTY-SPOT JUMP OVER 6111.
THE POSITIVE TREND WILL RETURN ONLY AFTER A CLOSE
ABOVE 6244-SPOT.

ANY HOW THIS IS CRITICAL CLOSE AT 6075. NIFTY MAY
MOVE INTO ANY DIRECTION ON TUESDAY. ANOTHER
SLIP DOWN BELOW 6000 WILL BRING LOT OF PANIC INTO
THE SYSTEM. SO PLEASE WAIT UPTO 10.AM , WATCH,
AND THEN TRADE ON TUESDAY.

UPTO CLOSE-ABOVE-6244 BEARS CAN SELL IN EVERY RISE
KEEPING 6266-SPOT AS STOPPLOSS.


SHORT-TERM TREND ONLY FOR THOSE WHO FOLLOW ASTROLOGY
----------------------------------------------------
AS PER ASTRO NEGATIVE TREND SEEN UP TO 11TH NOV.2010.
NOW GURU IN REVERSAL MOVE(VAKRAM). ON 7TH NOV ENTER
INTO KUMBAM AND ON 11TH NOV/2011 GURU RELEASE FROM
REVERSAL MOVE. FROM 11TH NOV/2010 TO 24TH MAY/2011
EXTREME GREEN FOR MARKET. SO THE INVESTORS CAN PLAN
ACCORDINGLY.




ASTRO-BASED WEEKLY NOTES FOR TRADERS
=====================================

1.COAL-INDIA.
-------------
THIS GOVERNMENT IPO STARS WHEN SUN IN DECLINE HOME
THULAM. MONDAY AND TUESDAY LITTLE POSITIVE DUE TO
VARKOTHTHAM OF SUN AFTER THEN NEGATIVE. WE EXPECT
THAT WE CAN BUY AFTER LISTING AT DISCOUNTED PRICE.


2.REALITY LITTLE POSITIVE
--------------------------
SUKRAN ALLREADY IN OWN HOME(THULAM) IN REVERSAL MODE.
ALSO ENTER INTO MESHAM NAVAMSHAM. LITTLE POSITIVE
SEEN. ASSURED PULL BACK FOR EVERY DIPS.


3.CHOPPY DAYS FOR POWER, INFRA AND FERTILIZER.
-----------------------------------------------
MARS ENTERING OWN HOME VIRUCHIKAM ON 20/10. BUT
20/10 AND 21/10 ARE NOT GOOD AS MARS SAIL IN KADAKAM
DECLINE-NAVAMSHAM. SO WE HOPE CHOPPY
WEEK AHEAD FOR ABOVE SECTOR. BUT NEXT WEEK 25/10-30/10
WILL BE POSITIVE FOR ABOVE SECTORS.


4.NEUTRAL BIAS FOR TELECOM
-----------------------------
MERCURY EXIT FROM KANYA-APEX HOME ON 14/10.
NOW SAILING IN THULAM FRIENDLY HOME.
MARS ENTERING VIRUCHIKAM OWN HOME ON 20/10.
BUT 20/10 AND 21/10 ARE NEGATIVE TO MARS DUE TO THE
KADAKAM-DECLINE NAVAMSHAM.
WE EXPECT CHOPPY WEEK FOR TELECOM.
OUR SHORT TERM RECOMENDATION REMAIN SAME AS FOLLOW.
INVESTORS CAN HOLD RCOM FOR THE TARGET
RS.600 AND BHARTI RS.900 ON 5TH MAY 2011.

5.POSITIVE FOR STEEL AND OIL.
------------------------------
SATURN EXIT FROM MESHAM-DECLINE-NAVAMSHAM ON 15/10.
NOW IN RISHABAM FRIENDLY-NAVAMSHAM. PULL BACK SEEN
IN ABOVE SECTOR.

6. BANKING AND FINANCE
----------------------
AS GURU IN REVERSAL MODE, AVOID LARGE CAPS.
AS PUTHAN EXIT FROM APEX HOME RALLY OF MID-CAP
BANKS MUTED. BUT NO DOWNSIDE EXPECTED.


7. OTHERS
-----------
PSU> POSITIVE ON MONDAY AND TUEDAY. THEN NEGATIVE.
AUTO> VOLATILE WITH POSITIVE WEEK.
IT AND RIL> MILD POSITIVE SEEN.
ADAG STOCKS> MAY GET HURT FROM WEDNESDAY




AS PER ASTRO IN THIS WEEK
=========================
TUESDAY NEGATIVE DAY AND PULL BACK AT CLOSING.
WEDNESDAY POSITIVE AND VOLATILE DAY.
THURSDAY POSITIVE DAY.
FRIDAY NEGATIVE AND VOLATILE DAY.


NIFTY WEEKLY RANGE
===================
5822/5911-6088-6155/6244



INTRA-DAY TRADING ON TUESDAY
============================
BUY NIFTY-FUT ABOVE 6133 TARGET 6155/6177 STOPLOSS 6111.
SELL NIFTY-FUT BELOW 6111 TARGET 6088/6066 STOPLOSS 6133.


ASTRO VIEW 19/10/2010
======================
MOON SAIL IN SATHAYAM STAR (RAKU SAARAM) UP TO 02.38PM
AND THEN IN POORATTATHI STAR (GURU SAARAM).
THIS IS KUMBAM SIGN WHICH IS 12TH PLACE
FROM GURU AND THIRD PLACE FROM RAAKU.
AS MOON SAIL IN 12TH PLACE TO GURU NEGATIVE TREND
EXPECTED AND AT CLOSING GURU SAARAM MAY BRING
GREEN TO MARKET.



19/10/2010 BIRTH NO.1 FATE NO.5
-----------------------------------
GOOD FOR MID-CAP BANKS.



OUT PERFORMERS FOR 19/10/2010
---------------------------------
SHIPPING, EXPORT, MID-CAP BANKS AND TELECOM.


UNDER PERFORMERS FOR 19/10/2010
--------------------------------
ALL LARGE-CAPS UP TO NOON.



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

OPENING ..to.. 10.36am VIRUCHIKAM POSITIVE
10.36am ..to.. 12.43pm THANUSH NEUTRAL
12.43pm ..to.. 02.32pm MAKARAM NEGATIVE
02.32pm ..to.. CLOSING KUMBAM POSITIVE
LAGNA TIMES CALCULATED WITH MUMBAI SUNRISE.



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

LAST(18/10) CLOSE@6075 (+13 POINTS)
LAST HIGH@6095 LOW@5985
WEEKLY HIGH@6284 LOW@5985

5DMA@6128
20DMA@6085
50DMA@5770
200DMA@5316

NIFTY CLOSE BELOW 5 AND 20 DMA'S.
FURTHER SUPPORT AVAIL REMOTE AT 50DMA 5770.



5-DAY RSI 42 AND 14-DAY RSI 56.
INDICATES NIFTY IN A CRITICAL POSITION.




WEEKLY KEY RESISTAN@6155/6244/6333
WEEKLY PIVOT @6088
WEEKLY KEY SUPPORT@6000/5911/5822

EXPECTED RANGE FOR 19/10/2010.
IN SPOT 5955-6155

SPOT RESISTANCE FOR 19/10/2010..... 6111/6133/6155
SPOT SUPPORTS FOR 19/10/2010..... 6044/6000/5955


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

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