Thursday, March 18, 2010

VOLATILE MOVEMENTS !!!

Astro Technical Guide for Thursday , 18.03.2010 ::

Astro Info:: Moon transits in Revathi ruled by Mercury upto 10.30am and in Aswini ruled by Ketu thereafter and persons born in Rohini, Hastha and Sravanam and in Taurus and Virgo Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day:: 10.30am; 12.10pm; 2.00pm;

Likely Intraday Trend for 18.03.2010::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady and may remain subdued till about 10.30am and may exhibit erratic and volatile movements (mostly inclined towards bearishness) from 12.00pm and may rise normally or fall considerably after 2.00pm.
Bank stocks are expected to be subdued in second half of the day.

Astro Technical Trading Strategy for the day :: Anytime after 12.00pm, If Nifty fut. Trades below Average Price by atleast 10 points, short positions can be taken with a stop loss of about 25 points loss and such positions to be closed 2.00 pm or be extended with trailing stop loss .

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 above5250 with resistance around 5282, 5308 and bearish below 5230 with supports around 5200, 5170 for the day ...
Based on present market movement, Nifty futures would be in Bullishzone above 5255and in Bearish zone below 5240 for Thursday .

Market consolidated yesterday after the breakout on Tuesday. Stop loss for Long positions may be raised from 5140 to 5175. Next major resistance is placed around 5300..

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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