Monday, March 15, 2010

EVENTFUL GEOCOSMIC SIGNATURES !!!

Astro Technical Guide for Monday, 15h March, 2010 and general outlook for the week ::

Astro Info:: Moon transits in Poorvabhadra ruled by Jupiter. Persons born in Aswini, Makha and Moola constellations and in Pisces and Cancer 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 5th week in succession and gained more than 1% which indicates very narrow movement during the week. Technically, market continues to be Bullish though the momentum appears to be slowing down. Astrologically, current week is very important as New Lunar year is commencing from Tuesday and New Solar month is also commencing from Monday. Sun will be entering Pisces and would be conjoining Uranus and Mercury and later would be opposing Saturn indicating early Bullishness and Bearishness in Second half of the week and which can continue next week also. However, technically, Nifty would become subdued only when it closes below 5110. Strong resistance for Nifty is placed at 5180 and 5250

Technical Levels for the week :: Nifty is strong above 5165 with resistance around 5250, 5315 and weak below 5115 with supports around 5030, 4965 for the week.
Based on present market movement, Nifty would be in bullish zone above 5115 and in bearish zone below 5095 during the week . WD Gann’s natural numbers which would act as natural support and resistance are :: 4866, 4936, 5077, 5149, 5221, 5297 during the week.

Sensitive / Trend change Timings for the day ::11.00am; 12.10pm; 1.35pm; 2.35pm;

Trend for 15.03.10:: On the basis of planetary position, Market is expected to open better and remain steady / subdued from 10.15am and to again recover between 12.30 pm to 2.30pm and may again become steady towards close of the day..
Technology stocks are expected to remain better.

Astro Technical Trading Strategy for the day :: After 12.30pm, if Nifty fut trades above Open Level and Average Traded Price, long positions can be taken with Day low as stop loss and such positions may be closed by 2.30pm;

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 5150 with resistance around 5180, 5210 and bearish below 5130 with supports around 5100, 5070 for the day.
Based on present market position, Nifty fut would be in bullish zone above 5140 and in Bearish zone blow 5150 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

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