CLOSING HOUR CRUCIAL FOR THE DAY

Astro Technical Guide for Tuesday , 16.03.2010 and General Outlook for New Lunar Year ::

Astro Info:: Moon transits in Uttarabahdra ruled by Saturn and persons born in Bharani, Pubba and Poorvashadha and in Aries and Leo Zodiac signs are advised to be alert in their dealings

Astro Guide for the New Lunar Year :: New Lunar Year would be commencing from 16.3.2010 and this has astrological significance for stock market. From Astrological perspective, period around the following dates are quite sensitive and indicate bearishess. 17.4.2010; May First Half; 31.7.2010; September 2010; 12.12.2010;

Period around the following dates are also sensitive :: 23.5.2010; 31.5.2010; 24.7.2010; 17.8.2010; 19.11.2010;

Power , Banking, Pharma and Technology stocks are generally expected to be better while Metal and Steel / Cement stocks are expected to experience highly volatile movements.
Second half of current Lunar year is expected to be relatively better.

Sensitive / Trend change Timings for the day:: 11.15am; 13.20pm; 2.30pm;

Likely Intraday Trend for 16.03.2010::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady may remain better from 10.00am to again become subdued from 11.30am and again may recover towards close of the day.
Todays’s High and low may be kept as reference points for the next One month and above Today’s High, long positions can be taken with Today’s low as stop loss and Short positions below today’s low with High level as stop loss.
Power / Pharma stocks are expected to be better.

Astro Technical Trading Strategy for the day :: Market is expected to experience volatile movements with rise for some time and fall thereafter. In view of such expected movement, it would be difficult to devise a proper intraday strategy in advance. Long position between 10.00am and 11.30am and short positions between 12.00pm and 2.00pm can be attempted with appropriate stop loss and keeping in view realtime market movement.

Open level is important for intraday trading and intraday short positions are to be taken below 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 above5140 with resistance around 5170, 5200 and bearish below 5120 with supports around 5090, 5065 for the day ...
Based on present market movement, Nifty futures would be in Bullishzone above 5125and in Bearish zone below 5115 for Tuesday .

One more lacklustre / narrow trading passed on the bourses and Nifty fut would become Bearish when it closes below 5100.

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