10 to 12 SUBDUED AND VOLATILE AFTERNOON (Bullish???) !!!

Astro Technical Guide for Friday , 19.03.2010 ::

Astro Info:: Moon transits in Aswini ruled by Ketu upto 11.55am and in Bharani ruled by Venus thereafter and persons born in Rohini, Hastha and Sravanam are advised to be alert in the forenoon and persons born in Mrigasira, Chitta and Dhanishta during afternoon and person born in Taurus and Virgo Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day:: 10.20am; 11.55am; 2.10pm;

Likely Intraday Trend for 19.03.2010::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady/ better and may remain subdued from 9.50am to 11.55am and may exhibit volatile movements thereafter. Today, it is quite probable that it can turn out to be a bullish day also.

Astro Technical Trading Strategy for the day :: Anytime after 12.00pm, If Nifty fut. Appears to be forming a bottom and recovering and trades above Day’s Average traded price, long position can be taken with Day low as stop loss and may be closed by end of the day. (Alternatively, long positions can be taken in the forenoon with 5210 as stop loss)

Open level is important for intraday trading and intraday long positions are to be taken above Day’s open level only and vice versa.

Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty fut would be bullish above5260 with resistance around 5290, 5315 and bearish below 5240 with supports around 5210, 5185 for the day ...
Based on present market movement, Nifty futures would be in Bullishzone above 5250 and in Bearish zone below 5235 for Friday .

Market, after day long consolidation, closed in a bullish way and appears to be heading for a new high. Stop loss for Long positions may be retained at 5175. Next major resistance is placed around 5300 and high degree of caution is advised around 5300 .

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. Loss / Gain in market depends on Individual natal chart. 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