Thursday, July 21, 2011

NIFTY OUTLOOK FOR 22/07/2011

NEWS FLOWS AND GLOBAL TRENDS LEAD NIFTY
TODAY. BUT NO CLEAR MOVEMENT SEEN.
TECHNICAL REMAINS SAME AS YESTERDAY.
FRIDAY CLOSING WILL TELL SOME SECRETS
ABOUT NEXT WEEK TREND.

BEARISH SIGNAL IS SLIPPING BELOW 5488 WITH,
VOLUMES AND THE BULLISH SIGNAL IS CLOSING,
ABOVE 5688.

IN BETWEEN 5488 TO 5688 GO ALONG WITH THE
MOMENTUM ON DAILY BASIS. EXIT WITH MINIMUM
PROFITS. AVOID OVER NIGHT HOLDINGS.


BULLS AND BEARS BOTH HAVE SOME DREAMS.
BULLS HOPE FOR BREAK UP ABOVE 5725 AND
TARGET AT 6888. BEARS HOPE FOR BREAK DOWN
BELOW 5177 AND TARGET AT 4222.

WE HOPE FOR THAT MAJOR BREAK UP/DOWN
BEFORE THIS WEEK END. AS PER ASTRO
WE EXPECT BREAK UP. AND THE TARGETS
WILL DONE BEFORE DIWALI.

TECHNICAL REMAINS AS FOLLOWS,
BULLS CAN GO LONG IF NIFTY-SPOT SUSTAIN
ABOVE 5600 KEEPING 5555 AS STOPLOSS.

BEARS, HAVE TO WATCH 5488-SPOT,
IF NIFTY SLIP BELOW 5488,
WITH VOLUMES THEN INITIATE FRESH SHORTS,
KEEPING 5533 AS STOPLOSS.

GOLD TRADING AROUND 1600 AT 1601.30.
US DOLLAR INDEX TRADING AROUND 75 NOW AT 74.33.
NYMEX CRUDE TRADING AROUND 95 NOW AT 99.18.
DOW FUTURE TRADING,
170POINTS GREEN AT 8PM THURSDAY.
NEGATIVE TREND SEEN.



NIFTY WEEKLY RANGE
===================
5422/5511-5600-5688/5777/5866


AS PER ASTRO THIS WEEK
=======================
FRIDAY....... CHOPPY DAY.



NIFTY FUTURE MOMENTUM PLAY FOR FRIDAY
=========================================
BUY NIFTY-FUT ABOVE 5555 TARGET 5577/5600 STOPLOSS 5533.
SELL NIFTY-FUT BELOW 5533 TARGET 5511/5488 STOPLOSS 5555.

MOMENTUM PLAY FOR BANKNIFTY
============================
BUY ABOVE 11111 TARGET 11155/11200 STOPLOSS 11066.
SELL BELOW 11022 TARGET 10977/10933 STOPLOSS 11066.



ASTRO VIEW 22/07/2011
======================
MOON SAIL REVATHI (PUTHAN SAARAM).
THIS IS MEENEM SIGN.
GURU IS SAILING IN 2ND HOME.
RAAHU IS SAILING IN 9TH HOME.

SIDEWAY MOVES WITH TIGHT RANGE EXPECTED.



22/07/2011 BIRTH NO.4 FATE NO.6
-------------------------------------
GOOD FOR AUTO.


OUT PERFORMERS FOR 22/07/2011
----------------------------------
BANKS, AUTO AND REALITY.

UNDER PERFORMERS FOR 22/07/2011
------------------------------------
CAPITAL GOODS, AND IT.


LAGNAA TIMES DURING TRADING HOURS
----------------------------------
opening ..to.. 10.40am SIMMAM NEGATIVE
10.40am ..to.. 12.48pm KANYA NEUTRAL
12.48pm ..to.. 03.00pm THULAM POSITIVE
03.00pm ..to.. closing VIRUCHI POSITIVE

LAGNA TIMES CALCULATED WITH MUMBAI SUNRISE.



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

LAST(21/07) CLOSE@5541 (-26 POINTS)

LAST HIGH@5578 LOW@5532
WEEKLY HIGH@5653 LOW@5532

5DMA@5574
20DMA@5596
50DMA@5508
200DMA@5720

POSITIVE ABOVE 5555.
NEXT RESISTANCES AT 5600 AND 5644.
NEGATIVE BELOW 5533.
NEXT SUPPORTS AT 5511 AND 5488.


5-DAY RSI 37 AND 14-DAY RSI 48.
INDICATES NIFTY ENTERING BEARISH ZONE.


WEEKLY KEY RESISTANCE@5688/5777/5866
WEEKLY PIVOT @5600
WEEKLY KEY SUPPORT@5511/5422


EXPECTED RANGE FOR 22/07/2011.
IN SPOT 5488-5600

SPOT RESISTANCE FOR 22/07/2011 5555/5600
SPOT SUPPORTS FOR 22/07/2011 5533/5488




SHORT-TERM TREND FROM ASTROLOGY
================================
GURU SAILING IN MESHAM. UP TO 21ST JULY GURU,
GETTING KADAKAM-APEX-NAVAMSAM. THEN TAKING
MESHAM AS AMSAM.

RAAHU AND KETHU SAILING IN
VIRUCHIKAM AND RISHABAM .

SATURN MOVING SLOWLY FORWARD.

AS PER ASTRO, GOLD AND BANKING SECTORS CAN
MOVE UPWARDS UP TO 21ST JULY. THEN LITTLE
CONSOLIDATION EXPECTED.

WE HOPE FOR GREEN TREND IN NIFTY.




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

1.REALITY... GREEN FROM TUESDAY
-----------------------------------------
SUKRAN-VENUS SAILING IN MITHUNAM.
THIS WEEK GETTING FROM TUESDAY GETTING
RISHABAM OWN HOME AS AMSAM. ALSO GETTING
VARKOTHMAM FROM FRIDAY.
GREEN FOR REALITY FROM TUESDAY NOON.



2. POWER, INFRA AND FERTILIZER
---------------------------------
MARS SAILING IN RISHABAM SIGN. ALSO GETTING
KANYA AMSAM FROM TUESDAY EVENING.
EXPECT RED FOR ABOVE SECTORS FROM WEDNESDAY.


3. TELECOM- AVOID THIS WEEK.
---------------------------------------
PUTHAN SHIFTED TO KADAKAM.
THIS WEEK GETTING MAHARAM AMSAM.
ALSO GETTING REVERSAL-VAKRAM FROM THURSDAY
AND HIDDING-ASTHAMAM FROM FRIDAY.
MARS ALSO NOT IN GOOD HOME.
EXIT FROM TELECOM FOR THIS WEEK.


4. OIL AND STEEL VOLATILE DAYS ARE OVER.
----------------------------------------------
SATURN NOW IN KANYA SING. ALSO WITH RISHABAM,
AMSAM. NOW SAILING IN RIGHT MODE.
EXPECT SLOW AND SURE GREEN IN ABOVE SECTORS.


5. BANKING AND FINANCE. GREEN DAYS AHEAD.
--------------------------------------------------
AS GURU SHIFTED TO MESHAM AND SAILING IN
KADAKAM AMSAM, LAST WEEK RALLY CAN
EXTEND UP TO 21ST JULY. FROM THEN LITTLE
CONSOLIDATION EXPECTED.




7. OTHERS
-----------
PSU........ GREEN WEEK.
AUTO....... GREEN FROM TUESDAY.
IT/PHARMA.. NEUTRAL WEEK.
RIL........ POSITIVE WEEK.
ADAG....... RED FROM TUESDAY.




NIFTY OPTION TRAIL FOR JUST RS.500
==================================

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MARKET IN UP TO DEC.2011.
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