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Rediff Money Live Stock Market - India

NIFTY OUTLOOK - Market outlook, Nifty-range, Intraday trading strategy, free call

Written By Sheffin on Tuesday, August 17, 2010 | 11:30 AM

http://googlestockmarket.blogspot.com/

AGAIN A RANGE BOUND VOLATILE DAY.
THE OUTLOOK REMAIN SAME AS YESTERDAY. WE HOPE FOR
A BREAKE-UP OR BREAKE-DOWN WILL HAPPEN BEFORE THIS
WEEK AS NEXT WEEK IS SETTLEMENT WEEK.
UPSIDE TARGETS IF NIFTY CROSS 5488 WITH VOLUMES
ARE 5533 AND 5577.
DOWNSIDE TARGETS IF NIFTY SLIP BELOW 5355 ARE
5311, 5266 AND 5222.

AS PER ASTRO IN THIS WEEK
————————-
WEDNESDAY POSITIVE AFTER NOON.
THARSDAY NEGATIVE AFTER NOON.
FRIDAY POSITIVE AFTER NOON.

WEEKLY NOTE TO TRADERS
———————-
1. AS SUN ENTER INTO SIMHAM POSITIVE FOR PSU
STOCKS FROM TUESDAY 2.10PM.

2. AS SUN AND PUTHAN SAIL IN SAME STAR POSITIVE
FOR MID-CAP PSU BANKING STOCKS. BUT NEGATIVE FOR
TELECOM AND BROKING FIRMS.

3.AS SUKRAN IN KANYA ( DECLINE HOME ) AND KEEP
RISHABA NAVAMSHA ( OWN HOME ) UPTO WEDNESDAY
CLOSING, REALITY STOCKS CAN RALLY UPTO WEDNESDAY
AND THEN START TO CORRECT.

4. AS SEVVAI ( MARS) IN KANYA THIS WEEK ALSO
NEGATIVE FOR POWER AND INFRA STOCKS.

5. AS SATURN SAIL IN GOOD HOME POSITIVE FOR
STEEL, OIL, AND AUTO STOCKS. BUY IN DIPS.

6. AS GURU IN VAKRAM AT ANY TIME BANKING STOCKS
MAY START TO CORRECT. SHORT AFTER GETTING
CLEAR REVERSAL TREND.

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