DIFFERING ASTRO & TECHNICAL SIGNALS !!!

Astro Technical Guide for Monday, 8th March, 2010 and general outlook for the week::

Astro Info:: Moon transits in Jyeshta upto 10.55am ruled by Mercury and in Moola ruled by Ketu thereafter . Persons born in Krittika, Uttara and Uttarashadha constellations and in Sagittarius and Aries zodiac signs are advised to be alert in their dealings .
Astro Technical Position for the week :: During the week, Nifty continued its upward march for the 4th week in succession and gained more than 3% but the entire was achieved in the first half of the week. As mentioned last week, period from 5.3.10 to 17.3.10 is expected to be bearish (probability being about 75%) on a net basis and hence caution advised. However, technically, market is in strong bull grip and Monday opening is also expected to be better considering global cues. Considering both the above points together, Nifty close below 5050 suggests weakness and long positions can be held with 5050 as stop loss and short positions should be considered only below 5050. Mars would be getting into direct motion during this week while Saturn continues to be retro.

Technical Levels for the week :: Nifty is strong above 5115 with resistance around 5155, 5265 and weak below 5065 with supports around 4985, 4920 for the week.Based on present market movement, Nifty would be in bullish zone above 5065 and in bearish zone below 5030 during the week .

WD Gann’s natural numbers which would act as natural support and resistance are :: ,4727, 4796, 4866, 4936, 5077, 5149, 5221, 5297 during the week.
Sensitive / Trend change Timings for the day ::10.55am; 2.30pm;

Trend for 08.03.10:: On the basis of planetary position, Market is expected to open better but may soon give up the opening gains and generally remain subdued .
Oil stocks may remain better while Tech stock could remain subdued.

Astro Technical Trading Strategy for the day :: Any time after 10.00am, if Nifty fut trades below Open Price and preferably first hour low level , 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 below which only short 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 5100 with resistance around 5130, 5155 and 5200 and bearish below 5080 with supports around 5050, 5025 for the day.
Based on present market position, Nifty fut would be in bullish zone above 5100 and in Bearish zone blow 5080 for Monday.
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 . Whether Stock market is suitable or not is determined based on Individual natal chart and that would be helpful to determine one’s favourable / unfavourable period .
Trade only with stop loss..

Happy Trading..
Dr B Amaranatha Sastry