HIGH RATES BEFORE NOON AND BEARISHNESS IN SECOND HALF !!!

Astro Technical Guide for Thursday , 11.03.2010::

Astro Info:: Moon transits in Uttarashadha ruled by Sun and persons born in Aardra, Swathi and Sathabhisham and in Aquarius and Gemini Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day ::10.10am; 12.35pm; 3.00pm;

Likely Intraday Trend for 11.03.2010::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady and may recover thereafter till about 11.30am and generally become subdued to fall towards close of the day. Highest rates for the day are likely to be recorded before noon only.
Power, pharma stocks are likely to be volatile inclined towards bearishness while Cement / Steel stocks may remain better.

Astro Technical Trading Strategy for the day :: After 12.30pm, if nifty fut trades below Average Price, short positions can be taken with day high level as stop loss and such positions may be closed by end of the day. (Alternatively, If Wednesday’s high is not crossed before 12.00pm, short positions can be taken with 5145 as stop loss)

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 above5130 with resistance around 5160, 5190 and bearish below 5110 with supports around 5080, 5055 for the day ...
Based on present market movement, Nifty futures would be in Bullishzone above 5125and in Bearish zone below 5110 for Thursday .

Nifty fut would become bearish below 5090 and is expected to face strong resistance around 5150 from short term perspective. Today is very crucial for the market as Nifty close below 5090 would mean reasonable correction in the coming days and market can be expected to breach decisively.

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