TODAY MARKET GIVE GOOD CHANCE TO NIFTY TO BREAK
OVER 5511. TATAMOTAR, SBI AND ICICI MOVES TO
NEW HIGHS. BUT NIFTY MISSED THE CHANCE.
NOW MORE CHANCES FOR BREAK-DOWN ONLY.
ABOVE 5511 UPSIDE TARGETS 5555/5599.
BELOW 5377 DOWNSIDE TARGETS 5333/5288/5244.
AS WE POSTED EARLIER,
AS THE BULLISH WAVE TAKE 12 WEEKS
TIME CORRECTIVE WAVE CAN ALSO TAKE LONG TIME.
POSTING HERE AS REMINDER….
MEDIUM TERM VIEW AS PER ASTRO
—————————–
AUGUST, SEPTEMBER, AND OCTOBER ARE DOWN TREND
MONTHS FOR NIFTY. NIFTY MAY RE-TEST 4691 OR DIP
EVEN LOW IN THE ABOVE MONTHS.
FROM NOVEMBER-2010 TO APRIL-2011 FOLLOWING
CHANGES ARE GOING TO HAPPEN.
1. FROM OCTOBER-20 MARS SHIFT IN TO VIRUCHIKAM
AND THEN GOING TO SAIL IN POSITIVE HOMES UPTO
MAY 2011. POWER AND INFRA STOCKS CAN RALLY IN
ABOVE PERIOD UP TO 200%.
2. FROM NOVEMBER-11 GURU RELEASE FROM VAKRAM
AND FROM NOV-21 RE-ENTER IN TO MEENAM AND GETS
VARKOTHTHAMAM ON 24-APRIL-2010. WE HOPE 100%
RALLY IN BANKING AND FINANCIAL STOCKS IN ABOVE
PERIOD.
3. SUKRAN GETTING STRONG FROM DEC-2010 TO MAY-2011.
WE HOPE 100% RALLY LEFT FOR REALITY STOCKS.
4. SATURN SAIL STRONG UPTO 22-JAN=2011 AND GET
VAKRAM BUT SAIL IN FRIENDLY HOME. UP MOVE SEEN
IN METAL AND STEEL SECTORS UPTO JAN-2011 AND THE
STOCKS WILL SUSTAIN AFTER THEN. STILL MORE RALLY
LEFT FOR AUTO STOCKS.
5. FROM MARCH-15 RAAKU AND KETHU SHIFT IN TO APEX
HOMES. WILL BRING MORE RALLY TO PHARMA AND IT.
6. WORST IS OVER FOR TELECOM STOCKS. WE HOPE FOR 500%
RALLY FROM NOW TO MAY 2011.
SHORT TERM TRADERS CAN PLAN ACCORDINGLY.
AS PER ASTRO IN THIS WEEK
————————-
WEDNESDAY NEGATIVE DAY.
THURSDAY LITTLE POSITIVE.
FRIDAY CLEAR NEGATIVE DAY.
THIS WEEK
———
POSITIVE FOR OIL METAL AND STEEL.
NEGATIVE FOR BANKING AND TELECOM.
SEE INFRA AND POWER STOCKS MUTED.
AUTO AND REALITY STOCKS CAN RALLY
UPTO WEDNESDAY AND CORRECTION FOR
LAST TWO DAYS.
NIFTY WEEKLY TRADING RANGE
==========================
5200/5244-5488/5533
TODAY(10/08/2010) TO OUR CUSTOMERS
==================================
NO CALLS GIVEN. BUT HOLDING CALL ALIVE.
ASTRO VIEW 11/08/2010
=====================
MOON SAIL IN MAHAM STAR ( KETHU SAARAM )
THIS IS SIMMAM SIGN WHICH IS
SIXTH PLACE FROM GURU AND NINTH PLACE
FROM RAAKU. NEGATIVE SIGNALS GIVEN.
11/08/2010 BIRTH NO.2 FATE NO.4
———————————–
CONFUSION MAY RULE TRADERS MINDS.
OUT PERFORMERS FOR 11/08/2010
——————————-
PSU, PHARMA, AND IT.
UNDER PERFORMERS FOR 11/08/2010
——————————–
EXIT FROM LONGS IN REALITY AND AUTO
AT TODAY CLOSING. HONEY-MOON IS OVER.
LAGNAA TIMES DURING TRADING HOURS
————————————
OPENING ..to.. 09.09am SIMHAM NEUTRAL
09.09am ..to.. 11.17am KANYA NEGATIVE
11.17am ..to.. 01.28pm THULAM NEGATIVE
01.28pm ..to.. CLOSING VIRUCHIKAM NEUTRAL
LAGNA TIMES CALCULATED WITH MUMBAI SUNRISE.
TECHNICAL VIEW
================
LAST CLOSE@5460 (-27 POINTS)
LAST HIGH@5491 LOW@5445
WEEKLY HIGH@5492 LOW@5354
5DMA@5460
20DMA@5420
50DMA@5305
200DMA@5130
5-DAY RSI 57 AND 14-DAY RSI 59.
INDICATES NO SIGNALS.
WEEKLY KEY RESISTANCE@5488/5533
WEEKLY KEY SUPPORT@5244/5200
EXPECTED RANGE FOR 11/08/2010.
5377-5488
RESISTANCE FOR 11/08/2010….. 5466/5488
SUPPORTS FOR 11/08/2010….. 5422/5400/5377
NEW OFFER NIFTY OPTION MELA TRAIL FOR JUST RS.500
=================================================
WE EXPECT A HIGN VOLATILE AND
WIDE TRADING RANGE IN NIFTY AND
MARKET IN UPTO DEC.2010.
GOLDEN CHANCE TO EARN FROM NIFTY OPTIONS.
MAKE HUGE PROFITS WITH OUR PERFECT CALLS
IN NIFTY OPTIONS.
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