VOLATILE MOVEMENTS

Astro Technical Guide for Friday , 12.03.2010::

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

Sensitive / Trend change Timings for the day :: 11.15am; 12.20pm; 3.00pm;

Likely Intraday Trend for 12.03.2010::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady and is expected to be generally steady with significant positive movement from 11.00am to 12.00pm and is expected to become weak from 12.20pm to 2.15pm and may recover thereafter.

Astro Technical Trading Strategy for the day :: After 12.00pm, if nifty fut trades below Average Price, short positions can be taken with day high level as stop loss and such positions may be closed by 2.15pm; Nifty futures is generally Bullish and intraday short positions is against the general trend and strict stop loss is advised. (Long position in Nifty upto 12.00pm can be maintained with a stop loss of 5120)

Open level is important for intraday trading and intraday short positions are to be taken below 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 above5160 with resistance around 5190, 5215 and bearish below 5140 with supports around 5110, 5085 for the day ...
Based on present market movement, Nifty futures would be in Bullishzone above 5130and in Bearish zone below 5120 for Friday .

Nifty fut . gained smartly in the closing hour and pierced current month’s high and closed at a new high indicating bullishness and Nifty futures becomes weak only below 5100. Next major resistance for Nifty fut is at 5250.

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. 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