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Rediff Money Live Stock Market - India

Stock market NIFTY OUTLOOK and WEEKLY NOTE TO TRADERS

Written By Sheffin on Monday, August 16, 2010 | 9:32 AM

http://googlestockmarket.blogspot.com/

NIFTY AGAIN TRADING IN RANGE 5377-5488. AS WE
POSTED HERE, BREAKE-UP OR BREAKE-DOWN WILL HAPPEN
BEFORE THIS WEEK AS NEXT WEEK IS SETTLEMENT WEEK.
UPSIDE IF NIFTY CROSS 5533 WITH VOLUMES WE
CAN SEE 5622. DOWNSIDE FIRST SUPPORT AT 5355-77
LEVEL AND ANOTHER SUPPORT AT 5200-22 LEVEL.
AS SBI, TATA MOTAR, AND CAIRN LOOSING STEAM MORE
CHANCES FOR BREAKE-DOWN ONLY.

AS PER ASTRO IN THIS WEEK
————————-
TUESDAY POSITIVE BUT MAY TURN RED IN CLOSING.
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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