TWO CLOSES BELOW 200DMA AND FALL OF DOW ON FRIDAY
NIGHT, CREATED LOT OF PANIC. RUMORS STARTED AND
SOME TALKS ABOUT BEAR MARKET STARTED.
NOW THE BIG SUPPORT AVAIL AT 5333.
BUT WE HOPE THIS IS JUST A CORRECTION AND A PART
OF BULL MARKET. AFTER GETTING CONSOLIDATION
THIS WEEK SEE BUDGET RALLY FROM NEXT WEEK.
DONT THROUGH AWAY STOCKS AT THIS TIME.
START TO BUY SLOWLY. GOOD TIMES AHEAD.
THE TECHNICALS ARE AS FOLLOWS....
TODAY CLOSE WELL BELOW 5620(200DMA) GIVING RED
SIGNAL FOR NIFTY. DONT THINK ABOUT LONGS IF A
STOCK IS TRADING BELOW 200DMA. WAIT FOR
TREND REVERSAL.
STILL THE CORRECTIVE WAVE STARTED ON 04/01
FROM 6181 IS ACTIVE. NOW THE TERMINATION
OF THIS WAVE WILL BE CONFIRMED BY TWO CLOSES
ABOVE 5640.
NOW THE TREND REVERSAL POINT IS 5640.
KEEPING 5640-SPOT AS STOPLOSS BEARS CAN SHORT
IN EVERY UP MOVE.
BULLS HAVE TO WAIT FOR NIFTY TO CLOSE ABOVE
5640 AND THEN CAN INITIATE FRESH LONGS.
US DOLLAR INDEX SLIP BELOW 80 NOW AT 78.18.
DOW FUTURE SLIP 170POINTS. NEGATIVE TREND SEEN.
NIFTY WEEKLY RANGE
====================
5333/5422-5511-5600/5688/5777
AS PER ASTRO THIS WEEK
=======================
MONDAY..... RED OPENING AND GREEN CLOSING.
TUESDAY... GREEN OPENING AND CHOPPY NOON.
WEDNESDAY.. NEGATIVE DAY.
THURSDAY.... POSITIVE DAY.
FRIDAY....... GREEN AND CHOPPY
NIFTY FUTURE MOMENTUM PLAY FOR MONDAY
========================================
BUY NIFTY-FUT ABOVE 5555 TARGET 5577/5599 STOPLOSS 5533.
SELL NIFTY-FUT BELOW 5511 TARGET 5488/5466 STOPLOSS 5533.
ASTRO VIEW 31/01/2010
======================
MOON SAIL IN MOOLAM (KETHU SAARAM) UP TO 10.30AM
THEN IN POORADAM (SUKRAN SAARAM).
THIS IS THANUSH SIGN, GURU'S HOME.
GURU IS AT 4TH PLACE.
RAAHU IS AT SAME PLACE.
NEGATIVE TREND IN OPENING HOURS. SUKRAN SAARAM MAY
LIFT MARKET FROM NOON.
31/01/2011 BIRTH NO.4 FATE NO.9
----------------------------------
GOOD FOR MID-CAP IT.
OUT PERFORMERS FOR 31/01/2011
---------------------------------
IT, AND PHARMA UP TO NOON. REALITY FROM NOON.
UNDER PERFORMERS FOR 31/01/2011
---------------------------------
OIL, STEEL, AND POWER.
LAGNAA TIMES DURING TRADING HOURS
------------------------------------
OPENING ..to.. 09.45am KUMBAM NEGATIVE
09.45am ..to.. 11.20am MEENAM NEUTRAL
11.20am ..to.. 01.03pm MESHAM POSITIVE
01.03pm ..to.. 03.02pm RISHABAM NEGATIVE
03.02pm ..to.. CLOSING MITHUNAM NEUTRAL
LAGNA TIMES CALCULATED WITH MUMBAI SUNRISE.
TECHNICAL VIEW
================
LAST(28/01) CLOSE@5512 (-92 POINTS)
LAST HIGH@5614 LOW@5459
WEEKLY HIGH@5801 LOW@5459
5DMA@5649
20DMA@5814
50DMA@5889
200DMA@5622
IMMEDIATE TREND NEGATIVE.
NEXT SUPPORT AT 5422 LEVEL.
POSITIVE ONLY ABOVE 5533.
5-DAY RSI 18 AND 14-DAY RSI 30.
INDICATES NIFTY IN OVERSOLD ZONE.
WEEKLY KEY RESISTANCE@5600/5688/5777
WEEKLY PIVOT @5511
WEEKLY KEY SUPPORT@5422/5333
EXPECTED RANGE FOR 31/01/2010.
IN SPOT 5422-5600
SPOT RESISTANCE FOR 31/01/2010.. 5555/5577/5600
SPOT SUPPORTS FOR 31/01/2010.. 5466/5444/5422
SHORT-TERM TREND FROM ASTROLOGY
================================
YEARLY PLANETS GURU, RAAHU AND KETHU
TAKING GOOD PLACE.
MARS GETTING HUGE POWER.
GURU HAVE SHIFTED KANYA NAVAMSAM.
SATURN GETTING REVERSAL (VAKRAM) ON SATURDAY.
INVESTORS NEED NOT TO GET PANIC. GOOD
TIMES AHEAD FOR EQUITY MARKETS.
ASTRO-BASED WEEKLY NOTES FOR TRADERS
=====================================
1.REALITY POSITIVE FROM THURSDAY
------------------------------------
SUKRAN IN THANUSH HOME. KEEPS MESHAM AS AMSAM
UP TO WEDNESDAY NIGHT AND MOVE TO OWN RISHABAM
NAVAMSAM FROM THEN. POSITIVE FOR REALITY FROM
THURSDAY MORNING.
2.AVOID POWER, INFRA AND FERTILIZER
----------------------------------------
MARS SAILING IN APEX HOME BUT TAKES MITHUNAM AMSAM UP TO
TUESDAY NIGHT AND GETTING KADAKAM-DECLINE AMSAM FROM
WEDNESDAY. AVOID ABOVE SECTORS FOR THIS WEEK.
3. LITTLE UPSIDE MOVE FOR TELECOM.
-----------------------------------
MARS LOOSING ITS HUGE POWER. BUT MERCURY GETTING FAST
MOVING. SO LITTLE GREEN EXPECTED FOR THIS WEEK.
4. VOLATILE DAYS FOR OIL AND STEEL.
-----------------------------------------
SAME AS LAST WEEK.
SATURN NOW IN KANYA SING. ON LAST SUNDAY SATURN
GET REVERSAL. BUT KEEPS FRIENDLE HOME
MITHUNAM AMSAM. WE EXPECT WILD SWINGS
AND VOLATILE TRADING DAYS IN ABOVE SECTORS.
5. GREEN DAYS FOR BANKING AND FINANCE
-------------------------------------
BUY IN DIPS BELOW,
SBI, ICICI, IDFC, AND LIC HF.
GURU GETTING SLOW DOWN.
GREEN DAYS ARE AHEAD.
7. OTHERS
-----------
PSU=== NEUTRAL.
AUTO== POSITIVE FROM THURSDAY.
IT==== POSITIVE.
RIL=== POSITIVE WEEK.
ADAG== NEGATIVE WEEK.
NEW OFFER NIFTY OPTION MELA TRAIL FOR JUST RS.500
=================================================
WE EXPECT A HIGH VOLATILE AND
WIDE TRADING RANGE IN NIFTY AND
MARKET IN UP TO DEC.2011.
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 AT LEAST 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.
