Astro Technical Guide for Thursday , 15.04.2010 ::
Astro Info:: Moon transits in Aswini ruled by Ketu and persons born in Rohini, Makha and Moola constellations and in Taurus and Virgo Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day:: 10.40am; 11.45am; 2.30pm;
Likely Intraday Trend for 15.04.2010::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady/ better and remain generally subdued till about 11.45am and slowly recover thereafter and may remain volatile towards close of the day(inclined towards bullishness).
Power, Infra, Pharma and Bank stocks may remain subdued while Communications and Technology stocks may do better.
Astro Technical Trading Strategy for the day :: Anytime after 12.00pm, If Nifty fut. Trades above Average Price , long positions can be taken with day low as stop loss and such positions to be closed by end of the day.(risky traders can consider going short after 9.15am, if Nifty fut is trading below Open Price with day high as strict stop loss and to close by 11.45am)
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 above5340 with resistance around 5370, 55395 and bearish below 5320 with supports around 5290, 5264 for the day ...
Based on the present market movement, Nifty futures would be in Bullishzone above 5330and in Bearish zone below 5320 for Thursday .
Infosys’s encouraging guidance had a positive influence on technology stocks while broader market traded in a narrow range and closed lower but could not clear the bearish trigger level of 5300. Market appears to be nervous ahead of RBI’s credit policy as is evidenced by weaker Bank and Financial stocks. Nifty becomes weak if it closes below 5300 or breaks last week’s low of 5290 and becomes further strong if it closes above 5370 and continues to remain neutral in between the above 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
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