NIFTY OUTLOOK FOR 22/05/2017
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Nifty sign msg
U.S MARKETS RECOVERED 300POINTS
FROM THE LOW,
BUT SOME FEAR IS STILL THERE,
FOR NIFTY,
9532 IS NEW HIGH,
9390 IS WEEKLY LOW,
NIFTY CLOSES AT 9427,
PIVOT PLACED AT 9444,
ABOVE 9488,
BULLS MAY DRIVE TOWARDS 9622,
10036 IS THE TARGET FOR CURRENT RALLY,
NIFTY STARTED THE CURRENT RALLY
FROM 7893 ON 26/12/2016,
HIGH IS 9532,
NIFTY MAY, CONTINUE THIS RALLY AFTER
ABOVE 8488 OR TAKE RETRACEMENT
TOWARDS 8635,
FOR THIS WEEK,
ON THE UP SIDE,
BULLS ARE RULING ABOVE 9488,
9622 AND 9711 ARE THE TARGETS FOR BULLS,
ON THE DOWNSIDE,
BEARS MAY GET ACTIVE BELOW 9400,
9266 AND 9177 ARE THE TARGET FOR BEARS,
AS PER ASTRO FOR NIFTY,
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CHOPPY MOVES SEEN FROM 09/05/2017,
ASTRO SIGNALS FOR THE WEEK AHEAD
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SUN SAILING IN RISHABAM HOME,
NEUTRAL TO GREEN MOVES SEEN FOR PSU SECTORS,
MARS SAILING IN RISHABAM HOME,
THIS WEEK TAKING KANYA NAVAMSAM,
MARS SAILING WITH NORMAL MODE,
RED SEEN FOR THIS WEEK,
FOR, POWER, INFRA, AND ADAG GROUP STOCKS,
GURU SAILING IN KANYA HOME WITH VAKRAM MODE,
TAKING SIMMAM AND KADAKAM NAVAMSAM,
VOLATILE MOVES SEEN FOR BANKING SECTORS,
SATURN SAILING IN VIRUCHIKAM HOME,
TAKING KUMBAM HOME AS NAVAMSAM HOME,
SATURN SAILING WITH VAKRAM MODE,
FOR STEEL, OIL, AND METAL SECTORS,
VOLATILE MOVES SEEN,
SUKRAN SAILING IN MEENAM-APEX HOME,
THIS WEEK TAKING MAKARAM AND KUMBAM NAVAMSAM,
FOR REALITY SECTORS,
GREEN MOVES SEEN FOR THIS WEEK AHEAD,
.
RAAHU AND KETHU SAILING IN SIMMAM
AND KUMBAM HOMES,
ALSO TAKING MESHAM AND THULAM
HOMES AS NAVAMSAMS,
FROM THIS WEEK TAKING
GOOD BOUNCE EXPECTED IN FOREX/GOLD/SILVER MARKETS,
TECHNICAL FOR THE WEEK AHEAD
--------------------------------
BULLS HAVE TO KEEP CLOSE BELOW 9422 AS SL,
BEARS HAVE TO WAIT FOR CLOSE BELOW 9400 SL 9444,
GLOBAL TRENDS
================
GOLD TRADING AROUND 1250 AT 1255
US DOLLAR INDEX TRADING NEAR 97 AT 97.00
NYMEX CRUDE TRADING AROUND 50 AT 50.48
DOW FUTURE CLOSES WITH 153POINTS GAIN ON FRIDAY
NEUTRAL GLOBAL TREND SEEN,
NIFTY WEEKLY RANGE
===================
9177/9266/9355-9444-9533/9622/9711
AS PER ASTRO THIS WEEK
=========================
MONDAY.... GREEN UP TO 11.58AM, THEN CHOPPY
TUESDAY... RED UP TO 10.47AM, THEN GREEN
WEDNESDAY. RED DAY
THURSDAY.. GREEN UP TO 01.47PM, THEN VOLATILE
FRIDAY.... GREEN DAY
NIFTY FUTURE MOMENTUM PLAY FOR MONDAY
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BUY ABOVE 9466 TARGET 9511/9555 STOPLOSS 9444
SELL BELOW 9422 TARGET 9377/9333 STOPLOSS 9444
MOMENTUM PLAY FOR BANKNIFTY
============================
BUY ABOVE 22888 TARGET 22977/23066 STOPLOSS 22844
SELL BELOW 22777 TARGET 22688/22600 STOPLOSS 22822
ASTRO VIEW FOR MONDAY
=============================
MOON SAILING IN REVATHI STAR PUTHAN SAARAM,
THIS IS MEENAM SIGN,
GURU SAILING 7TH HOME,
SATURN SAILING IN 9TH HOME,
RAAHU SAILING IN 6TH HOME,
KETHU SAILING IN 12TH HOME,
GREEN SEEN UP TO 11.58AM,
THEN CHOPPY MOVES EXPECTED,
22/05/2017 BIRTH NO.4 FATE NO.1
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RANGE MOVES ON CARD,
OUT PERFORMERS
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BANKING, REALITY, AND IT,
UNDER PERFORMERS
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LARGE-CAPS,
TECHNICAL VIEW FOR 22/05/2017
================================
LAST(19/05) CLOSE@9427 (-2 POINTS)
LAST HIGH@9505 LOW@9390
WEEKLY HIGH@9532 LOW@9390
5DMA@9468
20DMA@9355
50DMA@9213
200DMA@8697
EXPECTED RANGE IN SPOT
9311-9533
POSITIVE ABOVE 9444
RESISTANCES 9444/9488/9533
NEGATIVE BELOW 9400
SUPPORTS 9400/9355/9311
5-RSI 50 14-RSI 60
INDICATES NIFTY PLACED IN BU
