NIFTY VIEW FOR NXT WEEK & MONDAY

07-06-2010 CASH NIFTY WEEKLY ABOVE BELOW LEVELS

ABOVE 5076 TARGET 5192 5202 5238 5269

BELOW 5032 TARGET 5015 4916 4894 4845

SO PAINFULL WEAK AHEAD OF US.

AS PER ASTRO MONDAY AND TUESDAY ARE

NEGATIVE DAYS FOR MARKET

WEDNESDAY CHOPPY DAY

THURSDAY AND FRIDAY ARE POSITIVE.

MARKET HAVE EXTREME SUPPORT AT 4655-4700 LEVEL.

ANY DIPS BELOW THIS LEVEL CAN NOT SUSTAIN

MORE THAN 24HOURS.

WE HOPE THIS WEEK AS INVESTORS WEEK.

USE THE DIPS TO BUYING QUALITY

STOCKS.

SEE PULL BACK IN TELECOM ON 8TH & 9TH JUNE 2010.

BUY OIL,METAL,STEEL,MINES

IN EVERY DIPS NO DEEP CORRECTION WILL

HAPPEN IN ABOVE SECTORS. AND ASSURED

PULL BACK FOR EVERY DIPS.

NIFTY TRADING RANGE FOR 07/06/2010

===================================

4933/4977/5022-5066/5088/5111

WE HOPE MARKET WILL OPEN BELOW 5066.

ASTRO VIEW NEGATIVE FOR MONDAY AND TUESDAY.

OUT PERFORMERS FOR 07/06/2010

-------------------------------

PHARMA.

TECHNICAL VIEW

LAST CLOSE@5135 (+25 POINTS)

LAST HIGH@5147 LOW@5091

WEEKLY HIGH@5147 LOW@4842

5DMA@5064

20DMA@5037

50DMA@5172

200DMA@5011

5DAY RSI 68 AND 14DAY RSI 54

INDICATE NO SIGNALS.

WEEKLY KEY RESISTANCE@5200

WEEKLY KEY SUPPORT@4888

EXPECTED RANGE FOR 07/06/2010.

4933-5111

RESISTANCE FOR 07/06/2010 5066/5088/5111

SUPPORTS FOR 07/06/2010 5022/4977/4933