Wednesday, April 7, 2010

SECOND HALF SUBDUED !!!

Astro Technical Guide for Wednesday , 07.04.2010 ::

Astro Info:: Moon transits in Uttarashadha ruled by Sun and persons born in Aardra, Swathi and Sathabhisham and in Aquarius and Gemini Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day:: 12.20pm; 2.45pm;

Likely Intraday Trend for 07.04.2010::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady and remain generally better in the forenoon and become steady from 1.00pm and may become weak towards close of the day. Highest rates for the day are likely to be recorded in the forenoon.
Cement / Steel , Tech stocks may remain better while Automobiles, Pharma stocks may remain subdued.

Astro Technical Trading Strategy for the day :: After 9.30am, if Nifty fut trades above Open level, long positions may be taken with day low as stop loss and such positions may be closed by about 12.30pm; After 1.00pm, if Nifty fut trades below Average Traded Price, short positions may be taken with day high as stop loss and such positions to be closed by end of the day.

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 above5370 with resistance around 5415, 5440 and bearish below 5360 with supports around 5325, 5300 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5375 and in Bearish zone below 5360 for Wednesday.

Nifty traded in a narrow range and closed flat for the day. Technically, Nifty would become weak only below 5290 and neutral below 5340. Technically, Nifty would continue to be bullish as long as it closes above 5340.

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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