Wednesday, February 23, 2011

NIFTY OUTLOOK FOR 24/02/2011

NIFTY HOVERING BETWEEN 5400 TO 5500 WITHOUT CLEAR
DIRECTION. ALL EYES ON UNION BUDGET ON MONDAY.
HOPES FOR BETTER BUDGET AND LITTLE RALLY.

IF BUDGET MAKE ANY NEGATIVE NOTES THE PANIC WILL
BE MORE AND HUGE DOWNSIDE CAN EXPECTED.

RANGE BOUND TRADING DAYS ARE AWAITING
FOR NEXT TWO DAYS. 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.

CLEAR 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 77.50.
DOW FUTURE RED 80POINTS.
NEGATIVE TREND SEEN.


NIFTY WEEKLY RANGE
====================
5333/5422-5511-5599/5688


AS PER ASTRO THIS WEEK
=======================
THURSDAY..... GREEN AND VOLATILE.
FRIDAY.......... RED AND RANGE BOUND.



NIFTY FUTURE MOMENTUM PLAY FOR THURSDAY
=====================================
BUY NIFTY-FUT ABOVE 5444 TARGET 5466/5488 STOPLOSS 5422.
SELL NIFTY-FUT BELOW 5422 TARGET 5400/5377 STOPLOSS 5444.



ASTRO VIEW 24/02/2010
======================
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 BRING RED. AS TODAY SETTLEMENT
DAY VOLATILE TRADING EXPECTED.



24/02/2011 BIRTH NO.6 FATE NO.3
------------------------------------
POSITIVE FOR REALITY.

OUT PERFORMERS FOR 24/02/2011
---------------------------------
REALITY, BANKING, OIL, AND STEEL.

UNDER PERFORMERS FOR 24/02/2011
---------------------------------
OIL MARKETING COMPANIES, IT AND PHARMA.


LAGNAA TIMES DURING TRADING HOURS
------------------------------------
OPENING ..to.. 09.54am MEENAM NEUTRAL
09.54am ..to.. 11.38am MESHAM POSITIVE
11.38am ..to.. 01.39pm RISHABAM NEUTRAL
01.39pm ..to.. CLOSING MITHUNAM POSITIVE

LAGNA TIMES CALCULATED WITH MUMBAI SUNRISE.



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

LAST(23/02) CLOSE@5437 (-32 POINTS)
LAST HIGH@5495 LOW@5427
WEEKLY HIGH@5599 LOW@5340

5DMA@5486
20DMA@5437
50DMA@5715
200DMA@5642

IMMEDIATE TREND NEGATIVE.
NEXT SUPPORTS AT 5422/5377 LEVELS.
POSITIVE ONLY ABOVE 5444.


5-DAY RSI 45 AND 14-DAY RSI 44.
INDICATES NIFTY ENTERING IN TO BEARISH ZONE.


WEEKLY KEY RESISTANCE@5599/5688
WEEKLY PIVOT @5511
WEEKLY KEY SUPPORT@5422/5333


EXPECTED RANGE FOR 24/02/2010.
IN SPOT 5377-5511

SPOT RESISTANCE FOR 24/02/2010 5466/5488/5511
SPOT SUPPORTS FOR 24/02/2010 5422/5400/5377




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





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.