LAST HOUR CRUCIAL !!!

Astro Technical Guide for Friday , 05.03.2010::

Astro Info:: Moon transits in Visakha ruled by Jupiter and persons born in Aswini, Makha and Moola and in Scorpio and Pisces Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day ::11.35am; 2.15pm; 3.00pm;

Likely Intraday Trend for 05.03.2010::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady / better and generally remain better subject to occasional corrections and to have strong momentum(mostly bullish) between 2.15pm and 3.15pm.
However, important point to note is that astrologically period from 5.3.10 to 17.3.10 is generally expected to be bearish on a net basis (probability about 75%). Hence Close below today’s opening level is to be regarded as Bearish (and today’s high is stop loss for this period. )

Astro Technical Trading Strategy for the day :: After 10.00am, if Nifty fut. Trades above Open and Average Traded Price , long positions can be taken with a stop loss of Day low level and such positions may be closely monitored with strict trailing stop loss and closed by end of the day.

Open level is important for intraday trading and intraday long positions are to be taken above 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 above5090 with resistance around 5120, 5145 and 5185 and bearish below 5070 with supports around 5040, 5015 and 4975 for the day ...
Based on present market movement, Nifty futures would be in Bullishzone above 5075and in Bearish zone below 5060 for Friday .

Nifty fut would become bearish only below 5000 and is expected to face strong resistance around 5150 from short term perspective.

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 tobe used as an additional tool in addition to technicals and adapteddepending on intraday movements. Creator only knows what is going tohappen and astrologer can only indicate what is likely to happen .
Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry