MILD BULLISHNESS !!!

Astro Technical Guide for Monday, 29h March, 2010 and general outlook for the week::
Astro Info:: Moon transits in Uttara ruled by Sun. Persons born in Aardra, Swathi and Sathabhisham constellations and in Libra and Aquarius zodiac signs are advised to be alert in their dealings .
Astro Technical Position for the week :: Nifty continued its upward march for the 7th week in succession followed by continued FII buying but gained only marginally. Technically, market continues to be Bullish though the momentum appears to be slowing down. New F&O series consisting of 5 weeks and results season has commenced but astrologically, highly challenging period is ahead. Venus and Mercury enter Aries. March 30 and April 1 are the sensitive dates during the week. However, technically, Nifty would become subdued only when it closes below 5225. Strong resistance for Nifty is placed at 5350. Technical Levels for the week :: Nifty is strong above 5310 with resistance around 5395, 5465 and weak below 5255 with supports around 5175, 5105 for the week.Based on present market movement, Nifty would be in bullish zone above 5265 and in bearish zone below 5135 during the week . WD Gann’s numbers which would act as natural support and resistance are :: 5077, 5149, 5221, 5297,5366 and 5440 during the week.
Sensitive / Trend change Timings for the day ::12.30pm;
Trend for 29.03.10:: On the basis of planetary position, Market is expected to open steady and remain mildly better for most part of the day with sensitive time around 12.30pm;Bank and Tech stocks could remain subdued while Cement / Steel could fare better.
Astro Technical Trading Strategy for the day :: After 9.30am, 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 continued after 12.30pm with strict trailing stop loss.
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 5300 with resistance around 5330, 5360 and bearish below 5275 with supports around 5245, 5220 for the day. Based on present market position, Nifty fut would be in bullish zone above 5300 and in Bearish zone blow 5280 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