MARKET DELICATELY POISED !!!

Astro Technical Guide for Tuesday , 23.03.2010 ::

Astro Info:: Moon transits in Mrigasira ruled by Mars upto 12.56pm and in Aardra ruled by Rahu thereafter and persons born in Pushyami, Anuradha and Uttarabhadra and in Cancer and Scorpio Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day:: 10.00am; 12.55pm; 2.05pm;

Likely Intraday Trend for 23.03.2010::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady and may exhibit volatile movements mostly inclined towards bearishness(particularly from 9.40 to 11.40am). However, there could be a trend change around 1.00pm which should be watched carefully. Very crucial day as Nifty close below 5190 would make the market further nervous.
PSU, Cement , Steel , Tech stocks are expected to be volatile mostly inclined towards bearishness.

Astro Technical Trading Strategy for the day :: Around 10.00am, If Nifty fut. Trades below Open ad Average traded price, short positions can be taken with Day high as stop loss and such positions can be closed by 1.00pm or depending on market position, they may be continued with strict trailing stop loss.

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 above5220 with resistance around 5252, 5280 and bearish below 5200 with supports around 5168, 5142 for the day ...
Based on present market movement, Nifty futures would be in Bullishzone above 5240 and in Bearish zone below 5220 for Tuesday .

Nifty managed to close above 5200 mark and any further weakness would signal temporary topping out of the market. Conservative traders can continue long positions with close below 5200 as stop loss and high risk traders can initiate short positions below 5190 with 5280 as stop loss.

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