VOLATILE MOVEMENT !!!

Astro Technical Guide for Monday , 30.03.2010 ::

Astro Info:: Moon transits in Hastha ruled by Moon and persons born in Punarvasu, Visakha and Poorvabhadra and in Libra and Aquarius Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day:: 9.45am; 12.00pm; 1.20pm;

Likely Intraday Trend for 30.03.2010::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady and is expected to be better from 9.30am to 11.00am and may become subdued thereafter to recover after 1.30am; A day with volatile movements.. PSU stocks are expected to be volatile while Tech stocks may remain subdued.

Astro Technical Trading Strategy for the day :: Market is expected to display volatile movements with occasional rise and fall and again rise. Trading strategy is to be devised depending on real time movements keeping Open level as reference point in the forenoon session and Day Average Traded Price as reference point in the afternoon session.

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 above5330 with resistance around 5365, 5390 and bearish below 5310 with supports around 5275, 5250 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5325 and in Bearish zone below 5310 for Tuesday .

Nifty continues to gain and made a new 52 week high. While fresh long positions are not advisable at these levels, short / Medium term traders may exit long positions or hold the same with a stop loss of 5245 ( on close basis).

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