Monday, March 19, 2012

NIFTY OUTLOOK FOR 20/03/2012

AS EXPECTED AFTER NEGATIVE TRADING NIFTY
CLOSED AT 5257. AS POSTED YESTERDAY,

TECHNICALLY 5268 LOW OF 27/02 IS THE BIG
HOPE FOR BULLS. ANY CLOSE BELOW 5266 WILL
LEAD NIFTY TO 5177 AND TO 5088.

THE 14DAY RSI IN DAILY CHART FALLING BELOW
50 MARK. TODAY MACD ALSO START TO SLIP
BELOW CENTER LINE. ALL FAVORING BEARS.

BULLS HAVE TO SEE A CLOSE ABOVE 5488 TO
BRING BULLISH TREND TO THE MARKET.


AS PER ASTRO

VOLATILE WITH NEGATIVE TREND EXPECTED UP TO
27TH MARCH. THEN GREEN TREND EXPECTED FROM
28TH MARCH TO 11TH APRIL. DEEP CORRECTION
AWAITED FOR NIFTY FROM 12TH APRIL.


ASTRO SIGNALS FOR THE WEEK AHEAD
----------------------------------

SUN NOW IN MEENAM HOME. UNION GOVERNMENT
WILL FACE SOME PROBLEMS FOR NEXT THREE WEEKS.

GURU SHIFTING TO KANYA AMSAM ON TUESDAY.
BANKING MAY GET CORRECTION UP TO 3RD APRIL.

SATURN SAILING IN VAKRAM-REVERSAL MODE
IN KANYA HOME WITH KANYA AMSAM. LITTLE
GREEN EXPECTED STEEL, METAL, AND OIL SECTORS.

SUKRAN SAILING IN MESHAM.
FOR REALITY, FRESH RALLY AFTER TWO
WEEKS, SO THAT CAN HOLD REALITY
FOR THREE MORE MONTHS.

RAAHU AND KETHU SAING IN VARKOTHMAM.
IT, PHARMA, MIDCAPS AND AUTO
SECTORS CAN SUSTAIN HERE.

AS MARS SAILING IN REVERSAL MODE, IN
SIMMAM AND ALSO TAKING KADAKAM AMSAM.
HUGE VOLATILE EXPECTED UP TO 11NTH APRIL,
IN INFRA POWER AND TELECOM SECTORS.




TECHNICAL FOR THE WEEK AHEAD
----------------------------------

BULLS STOPLOSS 5355 TAKEN ON FRIDAY.
ANOTHER FRESH LONGS ONLY AFTER A CLOSE
ABOVE 5488-SPOT.

BEARS HAVE TO KEEP,
5333-SPOT AS STOPLOSS. TARGETS ARE
5177 AND 5088.

GOLD TRADING AROUND 1650 AT 1663.
US DOLLAR INDEX TRADING AT 80 NOW AT 79.61.
NYMEX CRUDE TRADING NEAR 105 NOW AT 107.98.
DOW TRADING 18-POINTS RED AT 9PM ON MONDAY.
NEUTRAL TREND SEEN.


NIFTY WEEKLY RANGE
===================
5088/5177/5266-5355-5444/5533


AS PER ASTRO THIS WEEK
=======================
TUESDAY..... MOVING BOTHSIDE.
WEDNESDAY... NEGATIVE DAY.
THURSDAY.... GREEN UP TO NOON.


NIFTY FUTURE MOMENTUM PLAY FOR TUESDAY
=========================================
BUY NIFTY-FUT ABOVE 5311 TARGET 5333/5355 STOPLOSS 5288.
SELL NIFTY-FUT BELOW 5266 TARGET 5244/5222 STOPLOSS 5288.

MOMENTUM PLAY FOR BANKNIFTY
============================
BUY ABOVE 10,288 TARGET 10377/10466 STOPLOSS 10244.
SELL BELOW 10,200 TARGET 10111/10022 STOPLOSS 10244.



ASTRO VIEW 20/03/2012
======================

MOON SAILING IN SATHAYAM STAR RAAHU SAARAM.
THIS IS KUMBAM SIGN.

GURU SAILING AT 3RD PLACE.
RAAHU IS SAILING 10TH PLACE.
KETHU SAILING AT 4TH HOME.

SIDEWAY MOVES AND FLAT CLOSING EXPECTED.




20/03/2012 BIRTH NO.2 FATE NO.1
-------------------------------------
RANGE AND FLAT CLOSING.

OUT PERFORMERS FOR 20/03/2012
----------------------------------
STEEL AND OIL.

UNDER PERFORMERS FOR 20/03/2012
------------------------------------
BANKING AND REALITY.



LAGNAA TIMES DURING TRADING HOURS
----------------------------------
opening ..to.. 10.00am MESHAM NEGATIVE
10.00am ..to.. 11.59am RISHABAM NEUTRAL
11.59am ..to.. 02.11pm MITHUNAM POSITIVE
02.11pm ..to.. closing KADAKAM NEGATIVE

LAGNA TIMES CALCULATED WITH MUMBAI SUNRISE.



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

LAST(19/03) CLOSE@5257 (-60 POINTS)

LAST HIGH@5340 LOW@5238
WEEKLY HIGH@5499 LOW@5238

5DMA@5370
20DMA@5380
50DMA@5230
200DMA@5167

POSITIVE ABOVE 5288.
NEXT RESISTANCES AT 5311 AND AT 5333.
NEGATIVE BELOW 5244.
NEXT SUPPORTS AT 5222 AND AT 5200.

5-DAY RSI 32 AND 14-DAY RSI 45.
INDICATES NIFTY SLIPPING IN TO BEARISH ZONE.

WEEKLY KEY RESISTANCE@5444/5533
WEEKLY PIVOT @5355
WEEKLY KEY SUPPORT@5266/5177/5088

EXPECTED RANGE FOR 20/03/2012
IN SPOT 5200-5333

SPOT RESISTANCE FOR 20/03/2012 5288/5311/5333
SPOT SUPPORTS FOR 20/03/2012 5244/5222/5200



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

1.REALITY... MIXED WEEK
-----------------------------------------
SUKRAN-VENUS SAILING IN MESHAM. THIS WEEK
TAKING KANYA, THULAM, AND VIRUCHIKAM HOMES
AS AMSAMS. RED ON MONDAY. VOLATILE AND GREEN
FROM TUESDAY TO THURSDAY EXPECTED.

2. POWER, INFRA AND FERTILIZER
---------------------------------
MARS SAILING IN SIMMAM.
NOW IN REVERSAL MODE.
THIS WEEK TAKING KADAKAM HOME AS AMSAM.
VOLATILE MOVES EXPECTED THIS WEEK ALSO.

3. TELECOM- VOLATILE WEEK
----------------------------
PUTHAN SAILING IN REVERSAL MODE.
MARS ALSO SAILING IN SIMMAM HOME,
IN REVERSAL MODE.
VOLATILE MOVES SEEN FOR THIS WEEK.

4. OIL AND STEEL
---------------------
SATURN SAILING IN APEX HOME.
FROM LAST MONTH SAILING IN REVERSAL
MODE IN APEX HOME. CONSOLIDATION EXPECTED.
GREEN EXPECTED FROM 19TH MARCH, AS SATURN
GOING TO SHIFT IN TO KANYA HOME.

5. BANKING AND FINANCE.
-------------------------------
GURU SAILING IN MESHAM SIGN. FROM MONDAY
SHIFTING TO KANYA AMSAM. NEGATIVE TREND
EXPECTED UP TO 3RD APRIL.


7. OTHERS
-----------
PSU........ NEGATIVE FROM WEDNESDAY.
AUTO....... NEUTRAL WEEK.
IT/PHARMA.. POSITIVE WEEK.
RIL........ NEGATIVE WEEK.
ADAG....... GREEN AND VOLATILE WEEK.



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

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