FIRST HALF BETTER!!! SECOND HALF SUBDUED !!!

Astro Technical Guide for Wednesday , 10.03.2010::

Astro Info:: Moon transits in Poorvashadha ruled by Venus and persons born in Mrigasira, Chitta and Dhanishta and in Capricorn and Taurus Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day ::10.50am; 12.30pm; 2.45pm;

Likely Intraday Trend for 10.03.2010::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady and may recover from 10.00am and again may become subdued in the second half of the day. Market may experience extreme volatility around 1.30pm;
PSU stocks are expected to be generally better in the forenoon session.

Astro Technical Trading Strategy for the day :: After 10.00am, if nifty fut trades above Open level and Average Price, long positions can be taken with day low level as stop loss and such positions may be closed by about 12.30pm. Any time after 1.00pm, if Nifty futures trades below Average Price by atleast 10 points, 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 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 above5105 with resistance around 5140, 5165 and bearish below 5085 with supports around 5055, 5030 for the day ...
Based on present market movement, Nifty futures would be in Bullishzone above 5115and in Bearish zone below 5100 for Wednesday .

Nifty fut would become bearish only below 5075 and is expected to face strong resistance around 5150 from short term perspective. Today is very crucial for the market as Nifty close below 5075 would mean reasonable correction in the coming days.

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. 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