Further Recovery amidst Volatility !!!

Astro Technical Guide for Monday, 31st May, 2010 and general outlook for the week::

Astro Info:: Moon transits in Poorvashadha ruled by Venus and Persons born in Chitta, Dhanishta and Mrigasira constellations and in Capricorn and Taurus zodiac signs are advised to be alert in their dealings.
Astro Technical Position for the week :: As expected, market fell in the first half of the week and after making a new low below 4800, recovered smartly to close the week with a gain of 2.50% indicating minor uptrend. May month witnessed high volatility and this volatility might continue in future also. Saturn gets into direct motion indicating possible recovery in Oil and Metal stocks. Venus and Ketu conjunction at the beginning of the week is a bearish signature. Current week is also expected to witness highly volatile movements with frequent rise and fall inclined towards bullishness. Technically, minor uptrend would be intact as long as Nifty holds above 4925 and is expected to face resistance around 5125 and 5225. Technical Levels for current F&O series would be :: resistance around 5130, 5200 and 5300 and Supports around 4920 and 4850 and 4750 .
However, 5000 is the key level above which only bullishness for the month would be there and below that level it would be generally bearish. Sudden surprises could be the order of the day in the Market and traders need to be extra cautious.

Technical Levels for the week :: Nifty is strong above 5065 with resistance around 5150, 5225 and weak below 5015 with supports around 4935, 4850 for the week.Based on present market movement, Nifty fut would be in bullish zone above 4950 and in bearish zone below 4890 during the week . WD Gann’s natural numbers which would act as natural support and resistance are :: 4796, 4866, 4936, 5006, 5077, 5149, 5221 during the week.
Sensitive / Trend change Timings for the day :: 9.40am; 1.40pm;

Trend for 31.5.10: : (Second half Better)

Intraday Trend for 31.05.10:: On the basis of planetary position , Market is expected to open weak and generally recover in second half of the week.
Communication stocks could remain better while Entertainment, FMCG stocks could remain subdued.

Astro Technical Trading Strategy for the day :: After 1.00pm, If Nifty fut trades above Average Price by 10points, long positions can be taken with stop loss of 10 points below Average Price and such positions can be closed by end of the day. (Alternatively, high risk traders can take long positions in the forenoon at support levels with 4990 as stop loss).

Open level is important below which only short positions may be taken and vice versa. Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above 5050 with resistance around 5080 and 5105 and bearish below 5030 with supports around 5000, 4974 and 4935 for the day.


Based on present market position, Nifty fut would be in bearish zone below 5020 and in bullish zone above 5035 for Monday.

Stop loss for Nifty positional trade (long ) is 4925 on close basis.
IF resistance levels are achieved in the forenoon session, buying may be avoided at higher levels and risky traders can consider short positon for a pull back to Bullish trigger level. IF Support levels are achieved in the forenoon session, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto Bearish trigger level / other support 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. Creator only knows what is going to happen and astrologer can only indicate what is likely to happen . Whether Stock market is suitable or not is determined based on Individual natal chart and that would be helpful to determine one’s favourable / unfavourable period .
Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry

MIDSESSION SUBDUED AND SECOND HALF BETTER …!!!

Astro Technical Guide for Friday, 28.05.2010 ::

Astro Info:: Moon transits in Anuradha ruled by Saturn upto 12.00 pm and in Jyeshta ruled by Mercury thereafter and persons born in Bharani, Pubba and Poorvashadha are advised to be alert in the forenoon and those born in Krittika, Uttara and Uttarashadh are advised to be alert in the afternoon and in Sagittarius and Aries Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day ::12.10pm; 1.50pm;

Likely Intraday Trend for 28. 05. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open better and is expected to remain subdued from 10.45am to 12.00pm and is expected to generally remain better thereafter.
PSU, Communication , Entertainment FMCG stocks are expected to remain subdued.

Astro Technical Trading Strategy for the day :: If Nifty fut trades above Average Traded Price by about 10 points after 1.00pm, long positions can be taken with a stop loss of 10 points below Average Price and such positions can be closed by end of the day.


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 above5010 with resistance around 5040 and 5065 and weak below 4990 with supports around 4960 and 4935 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 4965and in Bearish zone below 4940 for Fri day.

Market recovered smartly on the last day of F&O series and triggered minor uptrend level and closed above 5000. There is a resistance in the region of 5040 and Nifty becomes more bullish above 5130. Minor up trend would be intact as long as it remain above 4900.

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

SECOND HALF WEAK…!!!

Astro Technical Guide for Thursday ,27.05.2010 ::

Astro Info:: Moon transits in Visakha ruled by Jupiter upto 12.00 pm and in Anuradha ruled by Saturn thereafter and persons born in Aswini, Makha and Moola are advised to be alert in the forenoon and those born in Bharani, Pubba and Poorvashadha are advised to be alert in the afternoon and in Sagittarius and Aries Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day ::12.00pm; 2.15m;

Likely Intraday Trend for 27. 05. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady and may remain better till 12.00pm and is expected to become gradually subdued from 12.00pm and may become weak after 2.00pm.
Bank, Cement, Steel stocks are expected to be better while Oil stocks could be subdued.

Astro Technical Trading Strategy for the day :: If Nifty fut trades below Average Traded Price by about 10 points after 1.00pm, short positions can be taken with a stop loss of 10 points above Average Price and such positions can be closed by end of the day.


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 above4920 with resistance around 4950 and 4975 and weak below 4900 with supports around 4870 and 4845 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 4900and in Bearish zone below 4880 for Thurs day.

As expected and aided by global factors, markets had a good pull back and closed above 4900. Nifty becomes bullish (minor uptrend) only above 4930 (on close basis) and major uptrend above 5130.

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

PULLBACK RALLY ...!!!

Astro Technical Guide for Wednesday ,26.05.2010 ::

Astro Info:: Moon transits in Swathi ruled by Rahu upto 12.15 pm and in Visakha ruled by Jupiter thereafter and persons born in Aslesha, Jyeshta and Revathi ae advised to be alert in the forenoon and those born in Aswini, Makha and Moola are advised to be alert in the afternoon and in Scorpio and Pisces Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day ::12.15pm; 2.20pm;

Likely Intraday Trend for 26. 05. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open better and generally remain better upto 11.00am and may remain volatile thereafter and remain steady from 12.20pm to 2.20pm .
Communication, Bank, Cement and Steel stocks are expected to remain volatile.

Astro Technical Trading Strategy for the day :: If Nifty fut trades below Open level after 9.30am, long positions can be taken with day low level as stop loss and such positions may be closed by 11.30am or be continued with strict trailing stop loss.
Intraday long positions are against the main market trend and hence extra caution is required.


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 above4820 with resistance around 4850 and 4875 and 4910 and weak below 4800 with supports around 4770 and 4745 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 4840and in Bearish zone below 4820 for Wednesday.

On account of global factors and tension in Korea region, Nifty opened weak and without any recovery witnessed further sell off in the afternoon. However, Nifty closed above crucial support level of 4800.As market is in extremely oversold zone, a relief rally or pullback is to be expected. Nifty becomes bullish (minor uptrend) only above 4950 (on close basis) and major uptrend above 5130.

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

FIRST HALF BEARISH…!!!

Astro Technical Guide for Tuesday ,25.05.2010 ::

Astro Info:: Moon transits in Chitta ruled by Mars upto 1.00 pm and in Swathi ruled by Rahu thereafter and persons born in Pushyami, Anuradha and Uttarabhadra and in Scorpio and Pisces Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day ::10.15am; 1.00pm;

Likely Intraday Trend for 25. 05. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open weak and generally remain weak in the first half of the day and may recover mildly in second half of the day. Time around 10.15am is of particular significance for bear onslaught.
Entertainment, FMCG stocks may remain better while PSU, Communication and Tech stocks may remain subdued.

Astro Technical Trading Strategy for the day :: If Nifty fut trades below Open level after 9.30am, short positions can be taken with Day high as stop loss and such positions can be closed by about 1.00pm.
(Risky traders can consider long positions after 1.30pm if Nifty trades above Average Price with appropriate stop loss)


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 above4930 with resistance around 4960 and 4985 and weak below 4910 with supports around 4880 and 4850 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 4980and in Bearish zone below 4955 for Tuesday.

Nifty faced major selling pressure above 5000 level and closed flat for the day erasing all the gains logged in the first half of the day. Index gains accruing on account of Reliance group rise has been off set by decline in Metal and Auto sector stocks. Major support exists around 4850 / 4800 and resistance around 5000. It is better to cover short positions around 4850.
Nifty becomes bullish (minor uptrend) only above 5000 (on close basis) and major uptrend above 5150.

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

First half of the week Bearish !!!

Astro Technical Guide for Monday, 23rd May, 2010 and general outlook for the week::
Astro Info:: Moon transits in Hastha ruled by Moon upto 2.00pm and in Chitta ruled by Mars thereafter. Persons born in Punarvasu, Visakha and Poorvabhadra constellations and in Libra and Aquarius zodiac signs are advised to be alert in their dealings.
Astro Technical Position for the week :: On account of global cues and meltdown down of global markets, Indian markets also nearly lost 3% during the week. As pointed out in the First week of May, Nifty lost nearly 8% during the week and is nearly very crucial technical support. If the support holds, market might recover in second half of the week. However, astrologically, many sensitive days (23/5/2010; 31/5/10; 8/6/2010) are still ahead However, being last week of F&O exiry, scrip specific action is most likely and most scrips are presently bearish. During the week, Mars would be moving to Leo after transiting for more than 7 months in Cancer. Jupiter and Saturn opposition on 23rd May is another significant geocosmic event during the week . 25th Morning and 26th Closing timings are quite sensitive favouring bearishness during the week. Technically, it would be safer if a U shaped recovery takes place rather than V shaped recovery which is not healthy for the market. Significant recovery should not be expected till end of May / First week of June due to impending Venus Ketu conjuction which is another bearish geocosmic signature. Technically too market seems to be getting into medium term weakness and another round of correction is possible after a pull back rally.
Strong Support for Nifty exists in the region of 4800 and Nifty may not fall below this level except for global cues. Reasonable pullback expected in June and short positions may be covered between 4800 and 4900 (or be held with strict trailing stop loss) and technically, Nifty becomes bullish (ceases to be bearish) when it closes above 5010.

Technical Levels for the week :: Nifty is strong above 4955 with resistance around 5035, 5100 and weak below 4900 with supports around 4820, 4750 for the week.Based on present market movement, Nifty fut would be in bullish zone above 5000 and in bearish zone below 4950 during the week . WD Gann’s natural numbers which would act as natural support and resistance are :: 4659, 4727, 4796, 4866, 4936, 5006, 5077, 5149 during the week.
Sensitive / Trend change Timings for the day :: 9.40am; 12.00pm; 2.00pm;

Intraday Trend for 24.05.10:: On the basis of planetary position , Market is expected to open better and remain weak between 12.00pm and 2.00pm and may remain volatile thereafter.
PSU stocks are expected to remain subdued in second half of the day.

Astro Technical Trading Strategy for the day :: If Nifty fut trades below Average Price by 10points, short positions can be taken with 10 points above Average Price as stop loss and such positions can be closed by 2.00pm or depending on market position be continued with trailing stop loss.

Open level is important below which only short positions may be taken and vice versa. Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above 4940 with resistance around 4970 and 4995 and bearish below 4920 with supports around 4890 and 4865 for the day.


Based on present market position, Nifty fut would be in bearish zone below 4885 and in bullish zone above 4905 for Monday.

Stop loss for Nifty positional trade (short) is 5010 on close basis.
IF resistance levels are achieved in the forenoon session, buying may be avoided at higher levels and risky traders can consider short positon for a pull back to Bullish trigger level. IF Support levels are achieved in the forenoon session, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto Bearish trigger level / other support 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. Creator only knows what is going to happen and astrologer can only indicate what is likely to happen . Whether Stock market is suitable or not is determined based on Individual natal chart and that would be helpful to determine one’s favourable / unfavourable period .
Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry

RECOVERY IN MIDSESSION…!!!

Astro Technical Guide for Friday ,21.05.2010 ::

Astro Info:: Moon transits in Makha ruled by Ketu and persons born in Rohini, Hastha and Sravana and in Virgo and Capricorn Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day ::11.10am; 12.15pm; 2.20pm;

Likely Intraday Trend for 21. 05. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open weak and recover after 12.00pm and again may become subdued towards close of the day.
Entertainment, communication stocks may fare better.

Astro Technical Trading Strategy for the day :: If Nifty fut opens sharply lower, better to close positions to take position at higher rates. If Nifty fut trades below Average Price atleast by 10 points, short positions can be taken with a stop loss of 10 points and may be closed by end of the day. (Risky traders can consider long positions between 12.00and 2.00pm depending on market conditions with appropriate stop loss)


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 above4955 with resistance around 4985 and 5010 and weak below 4935 with supports around 4905 and 4880 and 4830 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 4955 and in Bearish zone below 4940 for Friday.

After massive fall on Wednesday, market remained sideways and closed with marginal gains on the back of good rise by PSU stocks. Nifty becomes bullish only above 5050 and very strong support exists around 4800.

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

WEAKNESS BETWEEN 10.00AM TO 12.00PM …!!!

Astro Technical Guide for Thursday ,20.05.2010 ::

Astro Info:: Moon transits in Aslesha ruled by Mercury and persons born in Krittika, Uttara and UTtarashadha and in Leo and Sagittarius Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day ::10.00am; 1.40pm; 2.20pm;

Likely Intraday Trend for 20. 05. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady and remain subdued / weak between 10.00am and 12.00pm and may recover thereafter.
Power, Pharma stocks may remain better.

Astro Technical Trading Strategy for the day :: Around 10.00am, if Nifty fut. Trades below Open level, short positions can be taken with Day high level as stop loss and such positions may be covered by 12.00pm.


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 above4935 with resistance around 4965 and 4990 and weak below 4915 with supports around 4885 and 4860 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 4975 and in Bearish zone below 4945 for Thursday.

Due to global cues, our market has taken a hit and fallen sharply Nifty becomes strong only above 5100 and recovery can be expected if Nifty trades above 4950.

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

OPENING AND CLOSING WEAK …!!!

Astro Technical Guide for Wednesday ,19.05.2010 ::

Astro Info:: Moon transits in Pushyami ruled by Saturn and persons born in Bharani, Pubba and Poorvashadha and in Leo and Sagittarius Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day :: 9.25am; 12.15pm; 2.45pm;

Likely Intraday Trend for 19. 05. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open weak and remain generally better till about 12.00pm and slowly become subdued thereafter to fall in the last hour and become weak .
Communiation / Tech stocks may remain subdued.

Astro Technical Trading Strategy for the day :: After 12.00pm, if Nifty fut trades below Average Traded Price by atleast 10 points, short positions can be taken with stop loss of 10 points above Average price and such positions may be closed by end of the day. (Risky traders can consider long after 9.30 above Open price to close by 11.00am)


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 above5075 with resistance around 5105 and 5130 and weak below 5055 with supports around 5025 , 5000, 4950 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5075 and in Bearish zone below 5050 for Wednesday.

After fall in the initial hour, Nifty recovered smartly but closed nearly flat for the day, coming off from day’s high level. Nifty becomes strong only if it closes above 5150. However, fresh downtrend would set in only if Monday’s low level is clearly breached.

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

VOLATILE MOVEMENTS … !!!

Astro Technical Guide for Tuesday ,18.05.2010 ::

Astro Info:: Moon transits in Punarvasu ruled by Jupiter and persons born in Aswini, Makha and Moola and in Cancer and Scorpio Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day :: 10.45am; 12.30pm; 2.30pm;

Likely Intraday Trend for 18. 05. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady and remain generally better in the opening hour with volatile movements inclined towards bearishness in general.
Banking and Technology stocks are expected to be in the lime light for their (volatile) movements.

Astro Technical Trading Strategy for the day :: After 11.00am, if Nifty fut trades below Open Price and Average Traded Price, short positions can be taken with day high level as stop loss and such positions may be closed by end of the day. (However, faster profit booking is advised as they may get evaporated due to volatile movements)


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 above5065 with resistance around 5095 and 5121 and weak below 5045 with supports around 5015 , 4990 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5030 and in Bearish zone below 5005 for Tuesday.

Nifty has once again taken support close to 200dma and rallied smartly from lower levels. However, market continues to be weak and buying at high level is not advised and any rise may be utilized to clear long positions and create short positions. However, fresh downtrend would set in only if yesterday’s low level is clearly breached.

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

Further Bearishness !!!

Astro Technical Guide for Monday, 17th May, 2010 and general outlook for the week::
Astro Info:: Moon transits in Aardra ruled by Rahu. Persons born in Aslesha, Jyeshta and Revathi constellations and in Cancer and Scorpio zodiac signs are advised to be alert in their dealings.
Astro Technical Position for the week :: On the back of huge bail out package doled out by EU and short covering by bears, world markets heaved a sigh of relief and rallied smartly last Monday but could not quite hold on to the gains and gave up most of the weekly gains on Friday and ended with marginal bullishness for the week but markets appear distinctly weak on weekly basis. Following global cues, market is set to open weak and further weakness is possible as the week progresses and as already mentioned last week, May 20 and 21 are quite sensitive for the market and market might nosedive once again towards the weekend. Last week’s rise can be seen as a pullback for the earlier week’s fall. New Solar and Lunar months had commenced last week end and the first half is not promising . Since pullback appears to be over, further bearish trend can be expected to continue till the month end and Fall in May in Even years might once again prove correct. Traders are advised to remain short with revised stop loss on a daily basis. Technically, Nifty can be expected to find support between 4850 and 4900 and any further fall below 4850 level would trigger medium term weakness. Any rise can be utilized to liquidate long positions and create short positions.

Stop loss for Nifty fut . positional short is 5175(on close basis).

Technical Levels for the week :: Nifty is strong above 5105 with resistance around 5185, 5255 and weak below 5055 with supports around 4975, 4905 for the week.Based on present market movement, Nifty fut would be in bullish zone above 5155 and in bearish zone below 5120 during the week . WD Gann’s natural numbers which would act as natural support and resistance are :: 4796, 4866, 4936, 5006, 5077, 5149, 5221 during the week.
Sensitive / Trend change Timings for the day :: 9.30am; 11.50am; 2.00pm;

Intraday Trend for 17.05.10:: On the basis of planetary position and also global cues, Market is expected to open lower and may recover from 9.30am and again become subdued after 12.00pm and may become steady towards close of the day.
PSU stocks are expected to remain subdued in second half of the day.

Astro Technical Trading Strategy for the day :: Incase market opens sharply lower, over night short positions may be covered . After 12.00pm, if Nifty futures trades below Average Traded Price, short positions can be created with a stop loss of about 10 points above Average Price and such positions may be closed by about 2.00pm., or be continued with strict trailing stop loss (Risky traders can try long positions between 9.30am and 11.30am if Nifty maintains above Open price)

Open level is important below which only short positions may be taken and vice versa. Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above 5090 with resistance around 5121, 5146 and bearish below 5070 with supports around 5040, 5015 and 4960 for the day.


Based on present market position, Nifty fut would be in bearish zone as long iti is below 5115 for Monday.

Stop loss for Nifty positional trade (short) is 5175 on close basis.
IF resistance levels are achieved in the forenoon session, buying may be avoided at higher levels and risky traders can consider short positon for a pull back to Bullish trigger level. IF Support levels are achieved in the forenoon session, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto Bearish trigger level / other support 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. Creator only knows what is going to happen and astrologer can only indicate what is likely to happen . Whether Stock market is suitable or not is determined based on Individual natal chart and that would be helpful to determine one’s favourable / unfavourable period .
Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry

CLOSING HOUR WEAK / SUBDUED … !!!

Astro Technical Guide for Friday ,14.05.2010 ::

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

Sensitive / Trend change Timings for the day :: 12.45pm; 2.45pm;

Likely Intraday Trend for 14.05.2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady and remain generally better in the forenoon and is expected to become subdued / weak in the last hour of trade. (risky traders can take long positions after 9.30am, if nifty trades above openprice and such positions may be closed by 1.00pm)

Bank, Cement and Steel stocks are expected to be better while Tech stocks could be subdued.

Astro Technical Trading Strategy for the day :: After 2.00pm. if Nifty fut trades below Average Traded Price, short positions can be taken with day high level as stop loss and such positions may be closed by end of the day.


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 above5190 with resistance around 5220 and 5245 and weak below 5165 with supports around 5135 , 5110 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5200 and in Bearish zone below 5185 for Friday.

Nifty has been trading with in the range established on Monday with bullish bias and Nifty becomes weak only below 5100 and becomes further bullish above 5210(on close basis).

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

VOLATILE MOVEMENTS… !!!

Astro Technical Guide for Thursday ,13.05.2010 ::

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

Sensitive / Trend change Timings for the day :: 10.30am; 2.00pm;

Likely Intraday Trend for 13.05.2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open better and after steady movements for some time is expected to generally recover after 10.30am and may experience volatile movements in second half of the day.
Power, pharma, cement and steel stocks may remain subdued.

Astro Technical Trading Strategy for the day :: After 10.30am, if Nifty fut trades above Open Price and Average Traded Price, long positions can be taken with day low level as stop loss and such positions may be closely tracked with trailing stop loss in second half of the day.


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 above5160 with resistance around 5191 and 5217 and weak below 5140 with supports around 5109 , 5083 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5140 and in Bearish zone below 5120 for Thursday.

Nifty had taken support close to key support level and rallied smartly from low levels. Technically, Nifty would become weak only below 5080(on close basis).

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

SECOND HALF BETTER… !!!

Astro Technical Guide for Wednesday ,12.05.2010 ::

Astro Info:: Moon transits in Aswini ruled by Ketu and persons born in Rohini, Hastha and Sravanam and in Taurus and Virgo Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day :: 9.45AM; 1.30PM;

Likely Intraday Trend for 12.05.2010 ::
On the basis of planetary position and aspects amongst planets and global markets, Market, expected to open steady and may recover in second half of the day. Overall, trend for the day is rather uncertain and needs to be evaluated based on realtime market behaviour.
Technology stocks may fare better.

Astro Technical Trading Strategy for the day :: After 1.00pm, if Nifty fut trades above Average Traded Price, long positions can be taken with day stop loss of 10 points below Average Price and and such positions may be closed by end of the day.


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 above5140 with resistance around 5170 and 5195 and weak below 5120 with supports around 5090 , 5065 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5165 and in Bearish zone below 5145 for Wednesday.

For the excellent recovery of Monday, market corrected on Tuesday. It is to be seen whether market would continue its uptred or once again slip. Technically, market would once again cease to be bullish if Nifty closes below 5065.

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

SUBDUED MIDSESSION… !!!

Astro Technical Guide for Tuesday ,11.05.2010 ::

Astro Info:: Moon transits in Revathi ruled by Mercury and persons born in Krittika, Uttara and Uttarashadha and in Aries and Leo Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day :: 10.40am; 12.30pm;

Likely Intraday Trend for 11.05.2010 ::
On the basis of planetary position and aspects amongst planets and global markets, Market, expected to open steady and remain subdued from 10.30am to 12.30pm and expected to recover thereafter.
Entertainment, FMCG, Power and Pharma stocks are expected to remain better.

Astro Technical Trading Strategy for the day :: After 10.30am, if Nifty fut trades below Open level and Average Traded Price, short positions can be taken with day high as stop loss and such positions may be closed by about 12.30pm. After 12.45pm, if Nifty fut. Trades above Average Traded Price, long positions can be taken with a stop loss of 10 points below Average Price and such positions can be closed by end of the day.


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 above5210 with resistance around 5240 and 5265 and weak below 5190 with supports around 5160 , 5135 and 5080 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5160 and in Bearish zone below 5130 for Tuesday.

On account of Bailout package by EU to Greece, there was smart recovery by all world markets and Nifty recovered smartly and closed around 5200 thereby triggering stop loss for Nifty Short positions. As technically, market appears to have turned bullish, present stop loss for Nifty long positions is 5040(on close basis). Technically, any fall may be utilized for buying with Friday’s low as stop loss. However, astrologically, another round of fall is possible from later part of this week extending to next week. Hence, traders are advised to exercise caution ( not to buy at high rates and not to sell at low rates.)

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

TECHNICALLY OVERSOLD....BUT BEARISH !!!

Astro Technical Guide for Monday, 10th May, 2010 and general outlook for the week::
Astro Info:: Moon transits in Uttarabhadra ruled by Saturn . Persons born in Bharani, Pubba and Poorvashadha constellations and in Aries and Leo zodiac signs are advised to be alert in their dealings.
Astro Technical Position for the week :: As expected, Nifty nosedived and lost more than 4.50% last week by falling on all the Five days even without any technical pullback . All global markets turned jittery and sentiment of MAY(hem) seemed quite evident. During the week Mercury is turning to direct motion. New Solar and Lunar months would be commencing towards end of this week. 12th May is the possible trend change date during the week. Astrologically, general bearish trend is expected to continue though at a slower pace. Technically, pullback is to be expected but any pullback is to be utilized only to clear long positions and to create short positions. Traders are advised to remain short with revised stop loss on a daily basis. Technically, Nifty can be expected to find support between 4850 and 4900 and any further fall below 4850 level would trigger medium term weakness. Further short positions at lower rates are not suggested and only pullbacks should be used to create short positions.

20 and 21 May are going to further sensitive dates for the market this month. Long term investors can utilize this decline to buy quality scrips. Presently, most sectors are bearish and value buying based on each individual scrip may be considered.
Revised stop loss for Nifty fut . positional short is 5160(on close basis).

Technical Levels for the week :: Nifty is strong above 5045 with resistance around 5125, 5190 and weak below 4995 with supports around 4915, 4850 for the week.Based on present market movement, Nifty fut would be in bullish zone above 5135 and in bearish zone below 5085 during the week . WD Gann’s natural numbers which would act as natural support and resistance are :: 4796, 4866, 4936, 5006, 5077, 5149, 5221 during the week.
Sensitive / Trend change Timings for the day :: 10.45am; 12.55pm;

Intraday Trend for 10.05.10:: On the basis of planetary position and also global cues, Market is expected to open better and after initial hiccups may recover from 10.40am to 1.00pm and again may become subdued with more pronounced weakness after 3.00pm.

PSU, Power and Cement / steel stocks are expected to be generally subdued.

Astro Technical Trading Strategy for the day :: Incase market opens sharply lower, over night short positions may be covered . After 10.45am, if Nifty futures trades above Open level and Average Traded Price, long positions can be created with a stop loss of about 10 points below Average / Open Price and such positions may be closed by about 1.00pm., (Please note that long positions are against main market trend). After 1.30pm, if Nifty futures trades below Average Traded Price by atleast 10 points, short positions can be taken with a stop loss of about 10 points above Average Price and such positions can be closed by end of the day.

Open level is important below which only short positions may be taken and vice versa. Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above 5030 with resistance around 5060, 5085 and 5130 and bearish below 5010 with supports around 4980 and 4955 for the day.


Based on present market position, Nifty fut would be in bullish zone above 5020 and in Bearish zone blow 4990 for Monday.

Stop loss for Nifty positional trade (short) is 5160 on close basis.
IF resistance levels are achieved in the forenoon session, buying may be avoided at higher levels and risky traders can consider short positon for a pull back to Bullish trigger level. IF Support levels are achieved in the forenoon session, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto Bearish trigger level / other support 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. Creator only knows what is going to happen and astrologer can only indicate what is likely to happen . Whether Stock market is suitable or not is determined based on Individual natal chart and that would be helpful to determine one’s favourable / unfavourable period .
Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry

VOLATILE MOVEMENTS WITH WEAK MID SESSION !!!

Astro Technical Guide for Friday ,07.05.2010 ::

Astro Info:: Moon transits in Dhanishta ruled by Mars and persons born in Pushyami, Anuradha and Uttarabhadra and in Pisces and Cancer i Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day :: 9.40am; 12.30pm; 2.45pm;

Likely Intraday Trend for 07.05.2010 ::
On the basis of planetary position and aspects amongst planets and global markets, Market, expected to open weak and remain subdued / weak from 11.00am to 2.30pm and may recover towards close of the day.
Cement , Steel, Tech stocks are likely to be subdued while Oil companies may fare better.
As RIL and RNRL judgement is slated to be pronounced today, related volatility in the scrips of these group companies and market in general is to be expected.

Astro Technical Trading Strategy for the day :: After 11.00am, if Nifty fut trades below Open level and Average Traded Price, short positions can be taken with day high as stop loss and such positions may be closed by about 2.30pm.


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 above5105 with resistance around 5136 and 5161 and weak below 5085 with supports around 5055 and 5030 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5080 and in Bearish zone below 5060 for Friday.

After making a new low, market recovered smartly but closed in the negative only. A technical pullback can be expected due to oversold position and such pull back may be utilized to create short position with 5210 as stop loss on close basis.

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

VOLATILE MOVEMENTS WITH WEAK CLOSING SESSION !!!

Astro Technical Guide for Thursday ,06.05.2010 ::

Astro Info:: Moon transits in Sravanam ruled by Moon upto 1.20pm and in Dhanishta ruled by Mars thereafter 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:: 9.45am; 10.55am; 1.20pm;

Likely Intraday Trend for 06.05.2010 ::
On the basis of planetary position and aspects amongst planets and global markets, Market, expected to open steady and remain subdued till about 11.00am and recover thereafter to become subdued / weak after 1.20pm.
PSU stocks are likely to be subdued.

Astro Technical Trading Strategy for the day :: After 9.30am, if Nifty trades below low price of first 30 minutes , short positions can be taken with day high as stop loss and such positions may be closed by 11.00am., (Risky traders can attempt long positions between 11.00am and 1.15pm, if market appears to be recovering / strong ). Again after 1.30pm, if Nifty trades below Average Traded Price, short positions can be attempted with a stop loss of 10 points above Average Price and such positions can be closed by end of the day.

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 above5140 with resistance around 5175 and 5200 and weak below 5120 with supports around 5090 and 5065 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5105 and in Bearish zone below 5085 for Thursday.

After opening with down gap, market recovered particularly in second half of the day and closed the gap and closed nearly flat for the day. However, short term trend is bearish and traders can apply 5250 as stop loss for Nifty futures (on close basis).

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

SECOND HALF WEAK !!!

Astro Technical Guide for Wednesday ,05.05.2010 ::

Astro Info:: Moon transits in Uttarashadha ruled by Sun upto 10.25am and in Sravanam ruled by Moon thereafter 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:: 10.25am; 1.20pm;

Likely Intraday Trend for 05.05.2010 ::
On the basis of planetary position and aspects amongst planets and global markets, Market, expected to open weak and generally recover thereafter and recover further from 11.00am to 1.20pm and display highly volatile movements mostly inclined towards bearishness thereafter .
Communication stocks are expected to be bearish.

Astro Technical Trading Strategy for the day :: After 10.00am, if Nifty fut trades above high price recorded in the first 30 minutes , long positions can be taken with day low as stop loss and such positions may be closed by about 1.00pm. After 1.30pm, if Nifty futures appears to be becoming weak or trades below Average Traded Price, short positions can be taken with Day high as stop loss and such positions may be closed by end of the day. (Intraday long positions also are against the main trend of the market and need to be carefully monitored)

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 above5150 with resistance around 5180 and 5205 and weak below 5125 with supports around 5095 and 5070 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5195 and in Bearish zone below 5170 for Wednesday.

As expected, clear short term direction in the form of bearishness came to the market after being in a narrow range for more than a month and market is set to form new lows in the coming days and any rise is to be utilized to liquidate long positions and traders can create short positions with 5275 as stop loss for Nifty(on close basis)

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

GENERALLY BETTER !! CLOSING HOUR WEAK !!!

Astro Technical Guide for Tuesday ,04.05.2010 ::
Astro Info:: Moon transits in Uttarashadha ruled by Sun and persons born in Aardra, Swathi and Sathabhisham and in Capricorn and Taurus Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day:: 9.45am; 2.25pm; Likely Intraday Trend for 04.05.2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open better and remain generally better to become subdued in the last hour before close of the day. Bank , Cement and Steel stocks are expected to be generally better.
Astro Technical Trading Strategy for the day :: After 2.00pm, if Nifty fut trades appears to be becoming weak / trades below Average Traded Price, short positions can be taken with day high as stop loss to be closed by end of the day. (if market opens steady, long positions can be taken with 5200 as stop loss and to be closed by about 1.30pm) 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 above5230 with resistance around 5260 and 5285 and weak below 5210with supports around 5180 and 5155 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5235 and in Bearish zone below 5215 for Tuesday. Stop loss for positional short in Nifty may be retained at 5300..
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

MAY(hem) in the offing !!!

Astro Technical Guide for Monday, 3rd May, 2010 and general outlook for the week::

Astro Info:: Moon transits in Poorvashadha ruled by Venus . Persons born in Mrigasira, Chitta and Dhanishta constellations and in Cancer and Scorpio zodiac signs are advised to be alert in their dealings .

Astro Technical Position for the week :: Market closed with marginal bearishness last week amidst volatility. Following global cues, lower opening on Monday is a foregone conclusion and general feeling that May month offers good volatility and considerable bearishness may come true this year atleast in the first half of the month, considering planetary configuration. Jupiter’s entry into sidereal Pisces, its own sign, has already boosted sentiment in Banking stocks. Technically, Nifty is set to become further bearish with close below 5240 and more pronounced bearishness below 5180. With Mercury retrograde motion still continuing, miscommunications would continue. Market traded in a narrow range in April and clear breakout / trend can be expected in May . Medium term investors can wait for the trend to emerge. However, long term investors can utilize any significant fall as an opportunity for buying.

Technical Levels for the week :: Nifty is strong above 5290 with resistance around 5380, 5450 and weak below 5235 with supports around 5150, 5080 for the week.
Based on present market movement, Nifty fut would be in bullish zone above 5290 and in bearish zone below 5250 during the week . WD Gann’s natural numbers which would act as natural support and resistance are :: 5077, 5149, 5221, 5293, 5366, 5440 during the week.

Sensitive / Trend change Timings for the day :: 9.45am; 12.50pm;

Intraday Trend for 03.05.10:: On the basis of planetary position and also global cues, Market is expected to open lower and may remain generally steady thereafter to become subdued /weak from 1.00pm .
PSU stocks are expected to be better while FMCG and entertainment stocks may remain subdued.

Astro Technical Trading Strategy for the day :: Incase market opens sharply lower, over night short positions , if any, may be covered . After 1.30pm, if Nifty futures trades below Average Traded Price, short positions can be created with a stop loss of about 10 points above Average Price and such positions may be closed by end of the day. Generally, market has turned bearish and any rise may be utilized to liquidate long / create short positions and overnight long positions in Nifty is against the general trend and need to be hedged. However, Bank stocks are generally bearish while Cement, Sugar, Telecom stocks are generally bearish and scrip specific approach is better for traders.

Open level is important below which only short positions may be taken and vice versa. Stop loss is a must for intraday trading.

Technical Levels for the day:: Nifty Futures would be bullish above 5275 with resistance around 5310, 5335 and bearish below 5255 with supports around 5220, 5195 and 5165. for the day.

Based on present market position, Nifty fut would be in bullish zone above 5275 and in Bearish zone blow 5260 for Monday.

Stop loss for Nifty positional trade (short) is 5300.

SPECIAL UPDATE ON MAY IN EVEN YEARS ::


Usually, month of May is associated with considerable volatility and considerable fall / rise is also noticed. Normally, investors and traders are very much concerned about the fall of market whenever May month comes. But this is not always correct. Net Average rise of sensex during the last 18 years is a mere 0.19% in May, which does not lead to any conclusion. However, a different kind of analysis leads us to a different and interesting conclusion.
If we carefully observe the pattern of rise and fall each year, it is rising in Odd years and falling in Even years , as tabulated below and the extent of rise in odd years is 8.90% and fall in Even year is -8.50%. Average Volatility (difference between high index and low index) during May is about 14%.



Even May Index Inc/Dec % Odd May Index Inc/Dec %
year Year
1992 3006 -881 -22.67 1993 2192 70 3.30
1994 3829 83 2.22 1995 3351 218 6.96
1996 3725 -101 -2.64 1997 3755 -86 -2.24
1998 3686 -321 -8.01 1999 3964 638 19.18
2000 4434 -224 -4.81 2001 3632 113 3.21
2002 3126 -212 -6.35 2003 3181 221 7.47
2004 4760 -895 -15.83 2005 6715 561 9.12
2006 10399 -1644 -13.65 2007 14544 672 4.84
2008 16416 -871 -5.04 2009 14625 3222 28.26
2010 ?? ? ??
Average -8.53 8.90

Out of the 9 even years, market had fallen in 8 out of 9 years and also out of 9 Odd years, market had risen in 8 out of 9 years.

While the above analysis only has a statistical analysis, astrological reasons can be attributed keeping Sun, Venus , Mercury and Jupiter positions in view.

As 2010 is an even year, which recorded an average fall of -8.5% over the last 18 years, can we expect a similar fall this year also ? In addition to the above statistical analysis, astrological analysis also point towards fall upto about 20th of May. Technically, too market is making a lower tops and Nifty fall below 5160 would confirm weakness. If the market records the average fall of 8%, Nifty may witness fall of more than 400 points and may revisit 4800s. However, market movement depends on several factors such as fundamentals of economy, technical set up of market, Funds flow into market, investor sentiment, geo political factors etc., Time only can tell which way market would move !!!





IF resistance levels are achieved in the forenoon session, buying may be avoided at higher levels and risky traders can consider short positon for a pull back to Bullish trigger level. IF Support levels are achieved in the forenoon session, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto Bearish trigger level / other support 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. Creator only knows what is going to happen and astrologer can only indicate what is likely to happen . Whether Stock market is suitable or not is determined based on Individual natal chart and that would be helpful to determine one’s favourable / unfavourable period .

Trade only with stop loss..

Happy Trading..
Dr B Amaranatha Sastry