Be Prepared for Sudden Surprises

Astro Technical Guide for Monday, 14th September, 2009 ::

Astro Info:: Moon transits in Punarvasu constellation ruled by Jupiter . Persons born in Aswini, Makha and Moola constellations and in Cancer and Scorpio zodiac signs are advised to be alert in their dealings.

Astro Technical Position for the week :: Nifty has remained bullish throughout the week , though most of the gains came on Monday only and remaining sideways thereafter, gained about 3% last week . Technically, Nifty achieved breakout on Monday and appears to be in consolidation mode and can be considered weak below 4780 and much weaker below 4725 only. However, there does not to be much upside considering stretched valuations. Caution is advised at higher levels and medium term traders should not consider any short positions as long as Nifty maintains above 4700. Astrologically, a significant event had taken place last week with slow moving Saturn entering Virgo and this is going to decide the general course of the market for the next 30 months. With Saturn and Uranus oppositions, sudden surprises can happen in market and hence traders and investors should protect profits with strict and tight stop loss. This is the last week for the present lunar month and first half of the present week is expected to be bearish and may change the course of the present F&O month.

Weekly Technical Levels :: Nifty is strong above 4865 with resistance around 4940, 5000 and 5105 and weak below 4815 with supports around 4738, 4675 and 4575 for the week.
Based on present market movement, Nifty would be in bullish zone above 4820 and in bearish zone below 4780 for the week .
WD Gann’s natural numbers which would act as natural support and resistance are ::
4591, 4659 , 4727, 4866, 4936, 5006 and 5077 during the week.
Nifty is generally Bullish as long as it maintains above 4780.


Sensitive / Trend change Timings for the day :: 10.15am; 11.15am; 12.40pm; 2.00pm;

Likely Intraday Trend for 14.09.09:: On the basis of Planetary position and the aspects amongst planets, outlook for the day is expected in the following manner ::

On the basis of planetary position, Market is expected to open steady and is expected to have volatile movements from 10.15am (inclined towards bearishness) and with some r recovery after 12.30pm , it is expected to again become subdued towards close of the day.

PSU and Software stocks are expected to be better while Bank stocks are expected to be subdued.

Astro Technical Trading Strategy for the day :: If Nifty futures is trading below first half an hour (10.30am) low by 10.40am, short positions can be considered with a stop loss of about 20 points above Day’s average traded price and such short positions to be closed by about 1.00pm or may be continued with trailing stop loss depending on the market position.
Stop loss is a must for intraday trading.


Technical Levels for the day:: Nifty Futures would be bullish above 4850 with resistance around 4879, 4903, 4940 and bearish below 4830 with supports around 4801, 4777 and 4738 for the day...

Technical portion and astrological portion given above should be considered together and applied for taking proper trading decisions.

Disclaimer :: Intraday trading is risky and Astro guidance is to be used as an additional tool in addition to technicals and adapted depending on intraday movements. Creator only knows what is going to happen and astrologer can only indicate what is likely to happen .

Trade only with stop loss..

Happy Trading..

Dr B Amaranatha Sastry