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