DAY WITH HIGHLY VOLATILE MOVEMENTS !!!

Astro Technical Guide for Thursday , 08.04.2010 ::

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:: 9.15am; 10.30am; 12.45pm;

Likely Intraday Trend for 08.04.2010::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady and become weak from 10.30am to 12.45pm and recover thereafter and to high highly volatile movements towards close of the day. Entertainment, Communication, Tech, Pharma and Infra stocks to have volatile movemens.

Astro Technical Trading Strategy for the day :: After 10.00am, if Nifty fut . trades below Open and Average Traded Price, short positions can be taken with day high as strict stop loss and such positions to be closed by about 12.30pm. After 12.45pm, if market appears to be recovering, long positions can be taken with Day low as strict stop loss and such positions to be closed by 2.15pm or may be continued with strict trailing stop loss .

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 fut. would be bullish above5385 with resistance around 5420, 5445 and bearish below 5365 with supports around 5330, 5305 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5380 and in Bearish zone below 5365 for Thursday.

Nifty traded in a volatile way but closed flat for the day. Technically, Nifty would become weak only below 5310 and neutral below 5355. Technically, Nifty would continue to be bullish as long as it closes above 5355.

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