DOMESTIC TRENDS ARE POSITIVE. BUT GLOBAL
MARKETS GETTING VOLATILE DUE TO HEAT IN LIBIA.
BUT AS PER ASTRO THIS UNREST IN LIBIA DUE TO
THE REVERSAL (VAKRAM) MOVE OF SATURN. IT WILL
TAKE ANOTHER TWO OR THREE MONTHS TO GET
NORMAL.
SO RANGE BOUND TRADING DAYS ARE AWAITING
FOR US. 5377-5555 IS THE RANGE EXPECTED.
NO NEED OF PANIC AS LONG AS NIFTY HOLDS 5388.
USE EVERY DIPS FOR GOING LONG. TARGET IS 5679.
FROM 5679 THE DIRECTION OF THE MARKET WILL BE
DECIDED BY THE UNION BUDGET. SO WAIT WATCH
AND THEN TRADE.
THE TECHNICALS ARE SAME AS FOLLOWS....
BULLS HAVE TO KEEP STOP LOSS AT 5388.
USE EVERY DIPS FOR BUYING AS LONG AS NIFTY
HOLDS 5388. THE MINIMUM TARGET IS AT 5679.
BEARS HAVE TO WAIT FOR NIFTY TO CLOSE BELOW
5388 AND THEN CAN INITIATE FRESH SHORTS.
US DOLLAR INDEX SLIP BELOW 80 NOW AT 77.77.
DOW FUTURE RED 80POINTS.
NEGATIVE TREND SEEN.
NIFTY WEEKLY RANGE
====================
5333/5422-5511-5599/5688
AS PER ASTRO THIS WEEK
=======================
WEDNESDAY... GREEN AND CHOPPY.
THURSDAY..... GREEN AND VOLATILE.
FRIDAY.......... RED AND RANGE BOUND.
NIFTY FUTURE MOMENTUM PLAY FOR WEDNESDAY
=====================================
BUY NIFTY-FUT ABOVE 5488 TARGET 5511/5533 STOPLOSS 5466.
SELL NIFTY-FUT BELOW 5444 TARGET 5422/5400 STOPLOSS 5546.
ASTRO VIEW 23/02/2010
======================
MOON SAIL IN VISAKAM (GURU SAARAM).
THIS IS THULAM SIGN.
GURU IS SAILING IN 6TH HOME.
RAAHU IS AT 3RD PLACE.
GURU SAARAM MAY BRING SOME GREEN. BUT
DUE TO 6TH GURU NO BIG UP MOVE TODAY.
23/02/2011 BIRTH NO.5 FATE NO.2
------------------------------------
POSITIVE FOR MEDIA AND BROKING FIRMS.
OUT PERFORMERS FOR 23/02/2011
---------------------------------
BANKING, OIL, STEEL, AND REALITY.
UNDER PERFORMERS FOR 23/02/2011
---------------------------------
IT AND PHARMA.
LAGNAA TIMES DURING TRADING HOURS
------------------------------------
OPENING ..to.. 09.58am MEENAM NEUTRAL
09.58am ..to.. 11.42am MESHAM POSITIVE
11.42am ..to.. 01.43pm RISHABAM NEUTRAL
01.43pm ..to.. CLOSING MITHUNAM POSITIVE
LAGNA TIMES CALCULATED WITH MUMBAI SUNRISE.
TECHNICAL VIEW
================
LAST(22/02) CLOSE@5469 (-49 POINTS)
LAST HIGH@5519 LOW@5437
WEEKLY HIGH@5599 LOW@5340
5DMA@5495
20DMA@5450
50DMA@5725
200DMA@5640
IMMEDIATE TREND NEGATIVE.
NEXT SUPPORTS AT 5444/5400 LEVELS.
POSITIVE ONLY ABOVE 5488.
5-DAY RSI 51 AND 14-DAY RSI 46.
INDICATES NIFTY IN CRITICAL ZONE.
WEEKLY KEY RESISTANCE@5599/5688
WEEKLY PIVOT @5511
WEEKLY KEY SUPPORT@5422/5333
EXPECTED RANGE FOR 23/02/2010.
IN SPOT 5400-5533
SPOT RESISTANCE FOR 23/02/2010 5488/5511/5533
SPOT SUPPORTS FOR 23/02/2010 5444/5422/5400
SHORT-TERM TREND FROM ASTROLOGY
================================
YEARLY PLANETS GURU, RAAHU AND KETHU ARE IN
GOOD HOMES. GURU TAKING THULAM NAVAMSAM
FOR THIS WEEK. SATURN NOW IN REVERSAL (VAKRAM)
MOVE.
THIS WEEK WILL BE POSITIVE FOR NIFTY AND
BANKING.
ASTRO-BASED WEEKLY NOTES FOR TRADERS
=====================================
1.REALITY POSITIVE FROM WEDNESDAY
--------------------------------------
NEUTRAL UP TO TUESDAY. FROM TUESDAY NIGHT
SUKRAM TAKING VARKOTHTHAMAM FOR A WEEK.
EXIT FROM SHORT BEFORE TUESDAY CLOSING.
2. POSITIVE FOR POWER, INFRA AND FERTILIZER
----------------------------------------------------
MARS LEAVING APEX HOME AND NOW IN KUMBAM SIGN.
THIS WEEK KEEP VIRUCHIKAM/THANUSH/MAKARAM AS
AMSAM. POSITIVE DAYS ARE AHEAD.
3. TELECOM RECOVERY FROM THURSDAY.
-----------------------------------------
MERCURY GETTING FAST MOVING.
DUE TO DECLINE HOME AMSAM MAY SEE SOME
DIPS UP TO WEDNESDAY.
RECOVERY CAN SEEN FROM THURSDAY.
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
------------------------------------------
GOOD DAYS ARE AHEAD FOR BANKING FROM THIS WEEK.
GURU ENTER INTO THULAM AMSAM. SO EVERY DIPS
IA A CHANCE FOR YOU TO BUY/TRADE.
BUY IN DIPS BELOW,
SBI, ICICI, IDFC, AND LIC HF.
7. OTHERS
-----------
PSU=== NEUTRAL
AUTO== POSITIVE FROM WEDNESDAY.
IT/PHARMA==== NEUTRAL.
RIL=== NEUTRAL
ADAG== POSITIVE
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