Commodity Intraday Calls

Technically now we can expect this upbeat to continue, only if Nifty Spot able to cross & holds above 5927-5954 levels… Profit booking may take place, if Nifty Spot maintains below 5823-5742 levels… Stock specific move may take nifty up to 6080-6143 levels… 

In contrast, further increase in inflation and key commodity rates may give profit booking when Nifty Spot holds below 5823-5742 levels in coming week.

Another important event to take place on 03^rd May 2011 is RBI’s policy review on key interest rates… Street will not surprise if RBI goes for increase a 25 basic point in key rates – if it increase more than 25BPS will be a negative trigger.

Astrological Outlook for the Week (25th April 2011 - 29th April 2011)

Current Planetary Position  - Astrologically, in Transit, Sun (In Ashvani Constellation, ruled by inimical Ketu) has entered Aries where it is Exalted, 5 Planets i.e.Jupiter (Direct) (In Revati Constellation, ruled by inimical Mercury) in own sign with Mercury (In Revati Constellation, ruled by Mercury herself), Mars (In n Revati Constellation, ruled by inimical Mercury), Venus (in U.Bhadrapad Constellation ruled by Friendly Saturn) and Uranus (Direct)  are placed in Pisces. Retrograde and Debilitated Ketu is placed in Gemini.

Expected Weekly Movement -In totality, keeping all the planetary configuration, bullish and bearish aspects in mind, Jupiter-Uranus conjunction on 04th January 2011 was the beginning of change of trend when Nifty touched an Intraday High of 6181 and Sensex touched 20664 (On 03rd January 2011).The decline continued for a month and short term trend reversal came with conjunction of Venus with Pluto in Sagittarius. Market remained sideways after that for a month or so and again a bounce came as soon as Sun conjunction with Uranus in Pieces took place on 21st March 2011 when Nifty was 5348 and Sensex was 17792.

Jupiter opposition on 28th March coupled with Sun-Pluto aspect applied brakes to the sharp rally which took place between 21st - 28th March. During next week, it will start with negative aspect of Mercury-Saturn Opposition, followed by positive Moon-Neptune conjunction on 27th April. Venus will make Square aspect with Pluto on 27th April while Sun will make Trine aspect with Pluto on 28th April. Moon will have opposition with Saturn on 30th followed by conjunction of Mars with Jupiter which is in its own sign.

INTRADAY NIFTY STOCK FUTURE

Nifty Future Closing : 5886
Watch carefully today's nifty magical figure... 5890
Buy Nifty Future above magical figure for upside
First target...   5927 and above it
Second target...    5947
and crosses over both it will come...    5970
Sell Nifty Future, if Nifty is running below magical figure then your downside
First target...    5866
Second target... 5836
Third target... 5803

SENSEX

Nifty Stock Future Closing : 5886
Watch carefully today's nifty magical figure... 5890
Buy Nifty Future above magical figure for upside
First target...   5927 and above it
Second target...    5947
and crosses over both it will come...    5970
Sell Nifty Stock Future, if Intraday Nifty is running below magical figure then your downside
First target...    5866
Second target... 5836
Third target... 5803

BANK NIFTY STOCK FUTURE

(Closing - 11921)
Today's magical figure...11930
Buy it above magical figure upside
First target ... 11975
Second target ... 12025
Third target...    12106
Sell it if running below Magical figure for downside:
First target ...11857
Second target...11794
Third target ... 11730

TITAN FUTURE

(Closing - 4122)
Today's magical figure... 4130
Buy it above magical figure upside targets
First target ... 4160
Second target ... 4194
Third target ... 4228
Sell it running below Magical figure for downside:
First arget ... 4074
Second target ...4050
Third target ... 4025

BHEL FUTURE

(Closing - 4122)
Today's magical figure... 4130
Buy it above magical figure upside targets
First target ... 4160
Second target ... 4194
Third target ... 4228
Sell it running below Magical figure for downside:
First arget ... 4074
Second target ...4050
Third target ... 4025