Friday, March 26, 2010

RECOVERY AFTER 9.30AM !!!

Astro Technical Guide for Friday , 26.03.2010 ::

Astro Info
:: Moon transits in Aslesha ruled by Mercury and persons born in Krittika, Uttara and Uttarashadha and in Leo and Sagittarius Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day:: 9.25am; 12.00pm; 1.20pm; 2.25pm;

Likely Intraday Trend for 26.03.2010::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady and is expected to recover sharply from 9.30am till 1.40pm and may become subdued upto 2.50pm and may have quite volatile movements thereafter.
Media / Communication stocks are expected to be better while Bank / Cement / Steel stocks could remain subdued.

Astro Technical Trading Strategy for the day :: After 9.30am, if Nifty futures trades above Open level and Average Traded price, long positions can be taken with Day low level as stop loss and such positions may be closed by about 1.30pm. (Alternatively, long positions can be taken with 5200 as stop loss for Nifty )

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 would be bullish above5275 with resistance around 5305, 5330 and bearish below 5245 with supports around 5215, 5190 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5240 and in Bearish zone below 5225 for Friday .

Nifty closed strong for the day and for March F&O series. Nifty would become weak only below 5200 and as it has closed at 5260 and any further rise would take it past previous high.

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

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