Wednesday, March 31, 2010

BEARISHNESS AFTER 2.00PM !!!

Astro Technical Guide for Wednesday , 31.03.2010 ::

Astro Info:: Moon transits in Chitta ruled by Mars and persons born in Pushyami, Anuradha and Uttarabhadra and in Scorpio and Pisces Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day:: 10.35am; 2.00pm;

Likely Intraday Trend for 31.03.2010::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady and may remain steady with volatile movements between 10.30am and 11.30am and to become weak after 200pm. Movement of the market after 2.00pm is crucial and Nifty close below 5235 is going to make the market further weak.

Communication, Entertainment stocks are expected to be volatile while Oil, Technology and Infra , Pharma may become weak towards close of the day.

Astro Technical Trading Strategy for the day :: After 1.30pm, if Nifty fut trades below Average Traded Price , short positions can be taken with day high as stop loss and such positions may be closed by end of the day.

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 would be bullish above5285 with resistance around 5315, 5340 and bearish below 5260 with supports around 5225, 5200 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5305 and in Bearish zone below 5285 for Wednesday .

Nifty closed closed to support level and any weak close below 5235 would make it further weak with next supports at 5175 and 5050 .

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

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