Well we have been continously saying , as the markets inches up , it sets it self for a reaction and the said reaction has taken a toll on the indices.
In our last weeks astro synopsis , we have clearly mentioned a trend reversal from 18th april , now the big question is where will the markets go?
Technically the markets have seen good correction in past 2-3 days and the indices has taken supports closer to 5150 levels on the nifty front which seems to be a good pschyological support , below which 5090 is a major cushion zone for any down fall.
However buying should emerge at every dip near to 5150 levels , below which steep downside upto 5090 can be witnessed.
The nifty has managed to close above 5200 levels after making an intraday high near to 5227 levels , now we head into very crucial sessions of trading on back of monetary policy and the reaction of gold man sachs on dow jones in over nite trading.
The overall feeling is that the global blues are not yet over and the world has to see some more of this in days to come , in simple words the global markets are not out of the woods yet and its effect and pinch will be felt on Indian markets too.
For the short term the pressure looks small and with back on back monetary policy the markets can reverse trend any time.
So its not advisable to create huge shorts , neither huge longs are warranted , the strategy remains to buy in small quantities at dips near to the crucial levels mentioned and exit at higher levels.
Henceforth the indices could be in sideways zone and consolidate in a range , with the broader markets continuing its out performance , so its advisable to concentrate on stock specific activities.
The supports for the nifty is at 5150 levels and resistance at 5250 levels.
The supports for the sensex is at 17200 levels and resistance at 17900 levels.
Stocks to watch
Essar oil , petronet lng , rolta , hindalco ,voltas looks good for short term
www.astroeyes.co.cc
Yesterday’s calls sent via sms and messenger
Nifty 5200 ce – buy at cmp 71 sl 65 targets 87 , hit sl
Rajesh exports – buy at cmp 122 sl 120.50 targets 125 , went 128.50
Sail – buy at cmp 224 sl 222.50 targets 228 , hit sl
Unitech – buy at cmp 79.20 sl 78.50 targets 81.50 , went 81.10
Unitech 80 ca – buy at cmp 1.80 sl 1.45 targets 3.40 , went 2.85
Billionaire Drum Essar oil – buy at cmp 139 sl x targets x – booked full profits at 144
Billionaire Drum Petronet lng – buy at cmp 80.60 sl x targets x – booked full profits at 83
Astrological synopsis – sun in the 3rd house of a horoscope
If the sun is positioned in the 3rd house in any horoscope , then its very dangerous for the small brothers of such person and there is a sure danger to small brothers life and even if survival is there then there is huge difference of opinion between them.
Such a person is always beneficial to friends , fulfilled with family and worldly pleasures.
Such a person is super rich and very fond of horse racing
Any persons whose 3rd house has sun will have sure following effects
The persons child will have a very long life and luck will be at full flow and will never face any deceit from anyone.
No one in the world will ever be able to cheat such a person , neither will be person effected by much bad times and worldly folies
Such a person stays rich until alive and never will have to borrow wealth for survival till old age , means own wealth will be more than enough for survival.
Any one can see the above effects in ones life according to the position of sun.
Its affect regarding to stock markets has to be analysed based on individuals horoscope.
