VOLATILE / ERRATIC MOVEMENTS !!!

Astro Technical Guide for Tuesday , 06.04.2010 ::

Astro Info:: Moon transits in Poorvashadha ruled by Venus and persons born in Mrigasira, Chitta and Dhanishta and in Capricorn and Taurus Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day:: 10.10am; 12.10pm; 2.00pm;

Likely Intraday Trend for 06.04.2010::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady and remain subdued till 10.00am and may recover from 10.00am and to exhibit volatile / erratic movements. PSU stocks are expected to be subdued. Crucial period from Today till 16.4.10 begins and whenever, today’s low level is broken, short position may be taken with today’s high level as stop loss.

Astro Technical Trading Strategy for the day :: Since highly volatile / erratic movements are expected, Open level / Average Traded price may be kept as reference and appropriate trading strategy may be devised.

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 above5376 with resistance around 5410, 5435 and bearish below 5355 with supports around 5320, 5295 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5355 and in Bearish zone below 5340 for Friday .

Nifty made a new 52 week high and closed at the highest level. Technically, Nifty would become weak only below 5275 and neutral below 5320. Technically, Nifty would continue to be bullish as long as it maintains above 5320.

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