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