Thursday, April 1, 2010

FIRST HALF SUBDUED !! SECOND HALF BETTER !!!

Astro Technical Guide for Thursday , 01.04.2010 ::

Astro Info::
Moon transits in Sathabhisham ruled by Rahu and persons born in Aslesha, Jyeshta and Revathi and in Scorpio and Pisces Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day:: 9.30am; 11.30am;3.00pm;

Likely Intraday Trend for 01.04.2010::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady and after remain subdued in the opening hours may recover after 11.30am and may become nervous towards close of the da(after3.00pm).
PSU stocks are likely to be subdued. Bank stocks are expected to be better.

Astro Technical Trading Strategy for the day :: After 11.30am, if Nifty futures trades above Average Traded Price and Open price, long positions can be taken with day low as stop loss (stop loss may be trailed occasionally depending on real market position) and such positions may be closed by about 3.00pm.

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 5310, 5335 and bearish below 5250 with supports around 5220, 5195 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5276 and in Bearish zone below 5260 for Thursday .

Nifty closed above the support level and close below 5235 makes it weaker while close above 5300 would make it regain the strength. Because of long weekend , some nervousness may be seen towards close of the day.
If Nifty closes lower than 5235, next supports are at 5175 and 5050 .

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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