NIFTY OUTLOOK FOR 14/06/2010

NIFTY MANAGE TO CLOSE AT 5120. THE 50DMA@5149

NOW ACT AS RESISTANCSE. IF THAT LEVEL TAKEN
ANOTHER UPMOVE UPTO 5244 IS LIKELY.
GLOBAL MARKETS SEE A LITTLE PULLBACK.
BUT COMMODITIES STILL IN DOWNTREND.

INFLATION NUMBER TO BE POSTED ON TUESDAY.
RBI IS UNDER PRESSURE TO CONTROL INFLATION.
ANOTHER RATE HIKE IS LIKELY IN NEARTERM.
ANY HOW WE EXPECT RANGE BOUND MARKET
IN THIS WEEK BETWEEN 4977-5244.

AS PER ASTRO
=============
MONDAY IS NEGATIVE
TUESDAY AND WEDNESDAY ARE POSITIVE
THARSDAY IS NEGATIVE AND
FRIDAY IS CHOPPY DAY IN COMMING WEEK.

IMPORTANT FOR REALITY PLAYERS.
==============================
MOON IS GOING TO SAIL IN OWN HOUSE KADAKAM
ALONG WITH SUKRAN-VENUS AND ALSO VIEWED BY
GURU FROM MEENAM ON TUESDAY AND WEDNESDAY.
SEE BOUNCE AND RALLY IN REALITY STOCKS.
BUY REALITY IN MONDAY DIPS AND BOOK PROFITS
ON TUESDAY AND WEDNESDAY.

NIFTY TRADING RANGE FOR 14/06/2010
===================================
5044/5088-5133/5155/5200

WE EXPECT NEGATIVE MARKET TODAY.

14/06/2010
------------------------------------
POSITIVE FOR MEDIA AND BROKARAGE STOCKS.


OUT PERFORMERS FOR 14/06/2010
-------------------------------
MEDIA BROKING FIRMS AND MID-CAP BANKS.
TECHNICAL VIEW
================

LAST CLOSE@5119 (+38 POINTS)
LAST HIGH@5138 LOW@5099
WEEKLY HIGH@5138 LOW@4967

5DMA@5044
20DMA@5010
50DMA@5149
200DMA@5025

WEEKLY KEY RESISTANCE@5244
WEEKLY KEY SUPPORT@4977

EXPECTED RANGE FOR 14/06/2010.
5044-5200

RESISTANCE FOR 14/06/2010..... 5133/5155/5200
SUPPORTS FOR 14/06/2010..... 5088/5066/5044