PULL BACK RALLY !!!

Astro Technical Guide for Monday, 8th February , 2010 and general outlook for the week::
Astro Info:: Moon transits in Jyeshta ruled by Mercury . Persons born in Krittika, Uttara and Uttarashadha constellations and in Sagitarius and Aries zodiac signs are advised to be alert in their dealings . Astro Technical Position for the week :: During the week, Nifty turned bearish and closed below 4800 on the back of heavy FII selling and weak global cues, this time mainly from Europe. Astrologically, Saturn and Mars continue to be retrograde . In view of the steep fall, a corrective rally can come in the first half of the week and second half of the week again appears to be bearish, astrologically. Pullback can come upto 4850 and close above that level only indicates strength in the market. However, strong support exists around 4650 for the market. Technically, market may turn further nervous below 4650and would gain momentum only above 4850/4900. Astrologically second half of the week appears to be shaky.
Technical Levels for the week :: Nifty is strong above 4780 with resistance around 4855, 4917and weak below 4725 with supports around 4650, 4590 for the week. Based on present market movement, Nifty would be in bullish zone above 4850 and in bearish zone below 4800 during the week . WD Gann’s natural numbers which would act as natural support and resistance are ::4523, 4591, 4659, 4727, 4796, 4866, 4936 during the week.
Sensitive / Trend change Timings for the day ::10.00am; 1.00pm’; 3.00pm;
Intraday Trend for 08.02.10 :: On the basis of planetary position, Market is expected to open steady / better and remain subdued / weak from 10.40am to 12.25pm and again recover thereafter. Time between 10.00am to 10.45 and again from 1.00pm to 1.50pm indicate noticeable volatility. Astrologically, today’s market indicate normal bearishness or good bullishness.
Astro Technical Trading Strategy for the day :: By 1.00pm, if Nifty trades above Day’s Average Traded Price, long positions can be taken with stop loss of about 15 points below Average Traded Price and such positions may be closed by end of the day. Open level is important above which only long positions may be taken and vice versa. Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above 4765 with resistance around 4790, 4825 and 4850 and bearish below 4745 with supports around 4715, 4690 and 4650 for the day. On the basis of market movement, Nifty fut. Bullish above 4735 and weak bekiw 4715 for the day.
IF resistance levels are achieved in the forenoon session, buying may be avoided at higher levels and risky traders can consider short positon for a pull back to Bullish trigger level. IF Support levels are achieved in the forenoon session, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto Bearish trigger level / other support levels.

Note ::Intraday trend given above is relative and based purely on the basis of planetary positions and aspects and needs to be understood and applied depending on the market movement. 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