NIFTY OUTLOOK FOR 30/03/2012NIFTY

SLIP BELOW 5177 MAKE LOW OF 5135 AND CLOSES ABOVE 5177 AT 5178.  FRIDAY CLOSING IS IMPORTANT. ANY CLOSE BELOW 5177 WILL BRING MORE BEARISHNESS TO THE MARKET.  ONLY A CLOSE ABOVE 5355 NEXT WEEK WILL TERMINATE THIS CURRENT NEGATIVE TREND. BREAK UP/DOWN MAY HAPPEN IN NEXT WEEK. WE ALSO EXPECT 300POINTS MOVE IN THE SAME DIRECTION.  CLOSE ABOVE 5500 WILL LEAD TO 5777. OR CLOSE BELOW 5200 WILL LEAD TO 4933.  AS PER ASTRO GREEN TREND EXPECTED FROM 28TH MARCH TO 7TH APRIL. CORRECTION AWAITED FOR NIFTY FROM 9TH APRIL.  ASTRO SIGNALS FOR THE WEEK AHEAD


AS PER ASTRO THIS WEEK
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FRIDAY….. CHOPPY AND RED.
NIFTY FUTURE MOMENTUM PLAY FOR FRIDAY
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BUY NIFTY-FUT ABOVE 5244 TARGET 5288/5333 STOPLOSS 5222.
SELL NIFTY-FUT BELOW 5200 TARGET 5177/5155 STOPLOSS 5222.
MOMENTUM PLAY FOR BANKNIFTY
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BUY ABOVE 10,044 TARGET 10133/10222 STOPLOSS 9999.
SELL BELOW 9955 TARGET 9866/9777 STOPLOSS 9999.