GOLD/SILVER LIVE RATE

Monday, 24 May 2010

FOR 24-5-2010 TO 28-05-2010

NIFTY LEVEL FOR 24-05-2010

NIFTY STRONG ABOVE 4913

WEEK BELOW 4894

SUP 4921 4906 4894 4882 4864

RES 4955 4985 5018 5039 5056

CASH NIFTY WEEKLY ABOVE BELOW LEVELS

ABOVE 5005 TARGET 5077 5168 5223 5268 5340 5431

BELOW 4942 TARGET 4813 4780 4696 4679 4551 4517

last week nifty has close below weekly level

nifty can show some up move

but weekly trend may be negative

so take care in long position

monday will decide the trend at closing




•For better understanding of our Nifty predictions for a given period, it is essential that you keep in mind the predictions given in the previous period.
•These NIFTY predictions are given by Astrologers a week in advance. They still maintain a very good level of accuracy. It is advisable to use them judiciously.
•Last week, Ganesha advised you to avoid trading in BTST and PTST stocks. Now you know why he advised you against it.
•Intraday trading on 27th May 2010 will be risky, but for arbitragers, the day will be favourable.
•If possible, avoid investing in realty stocks in the period between 26th May 2010 and 21st June 2010, and 1st November 2010 and 30th December 2010, as there is a possibility of an earthquake in Asia.
•The weightage for 24th, 25th and 26th May 2010 is likely to be positive,

however, the opening may fluctuate between flat and negative.
•The weightage for 27th and 28th May 2010 is likely to be negative,

however, the opening may fluctuate between flat and positive.
•Nifty will most likely remain in the consolidating phase between 9:00 and 10:10. The overall strength is weak.
•If you have purchased scrips in the above mentioned period,

it is best to sell them off between 10:10 to 13:25 to reap profits.
•In the period between 13:25 and 14:10, Nifty may go downhill.
•The period between 14:10 and 15:30 does not carry any weightage. However, the index may slide down.

1. TATASTEEL

Day Resistance ::: 519 / 530 / 545
Day Support ::: 402 / 493 / 481

Trading Range / Zone :: 499 - 545

Bear Fear Zone 545 ::: Bull Fear Zone 571

Bulls will have full control above 571 and will fear the bears
Bears will have full control below 545 and will fear the bulls

2. JINDAL STEEL & POWER

Day Resistance ::: 648 / 661 / 680
Day Support ::: 626 / 614 / 594

Trading Range / Zone :: 625 - 669

Bear Fear Zone 665 ::: Bull Fear Zone 688

Bulls will have full control above 688 and will fear the bears
Bears will have full control below 665 and will fear the bulls

3. RELCAP

Day Resistance ::: 656 / 669 / 693
Day Support ::: 632 / 619 / 604

Trading Range / Zone :: 625 - 689

Bear Fear Zone 668 ::: Bull Fear Zone 693

Bulls will have full control above 693 and will fear the bears
Bears will have full control below 668 and will fear the bulls

4. DLF

Day Resistance ::: 273 / 277 / 281
Day Support ::: 267 / 263 258

Trading Range / Zone :: 250 - 294

Bear Fear Zone 283 ::: Bull Fear Zone 292

Bulls will have full control above 292 and will fear the bears
Bears will have full control below 283 and will fear the bulls

5. TATAMOTOR

Day Resistance ::: 724 / 739 / 762

Day Support ::: 699 / 686 / 662

Trading Range / Zone :: 665 - 757