Friday, July 30, 2010
VOLATILE MOVEMENTS (incline towards Bearishness) …!!!
Astro Info:: Moon transits in Poorvabhadra ruled by Jupiter and persons born in Aswini, Makha and Moola constellations and in Pisces and Cancer Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day : 9.50pm ; 2.10pm;
Likely Intraday Trend for 30.07. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady / subdued and remain subdued in the opening hour and generally remain volatile thereafter. Time from 1.15pm to 2.15pm is to be watched for any specific direction.
PSU, FMCG, Entertainment Power , cement, steel stocks are generally expected to display volatile movements (mostly inclined towards bearishness)
Astro Technical Trading Strategy for the day :: After 9.30am, if Nifty fut trades below Open Price and Average Price, short positions can be taken with Day high as stop loss and such positions may be closed by 12.30pm or be continued with trailing stop loss depending on market position.
Open level is important for intraday trading and generally, intraday short positions are suggested below Day’s open level only and vice versa.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty would be bullish above5420 with resistance around 5455 and 5480 and weak below 5400 with supports around 5365 and 5340 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5410and in Bearish zone below 5395for Friday.
Nifty traded in a narrow range on the last day of F&O month ,which ended on a positive note with about 2% gain in the month. Market has been in a very narrow range for a long time and can be expected to seek clear direction very soon. (If Nifty breaks 5350, downfall is most likely and if it pierces 5480 further uptrend is possible. )
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
Thursday, July 29, 2010
MIDSESSION BETTER …!!!
Astro Info:: Moon transits in Sathabhisham ruled by Rahu and persons born in Aslesha, Jyeshta and Revathi constellations and in Pisces and Cancer Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day : 11.10m; 1.20pm;
Likely Intraday Trend for 29.07. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady and remain better in midsession from 11.15am to 1.30pm and may again become steady thereafter. In view of F&O expiry, scrip specific action is most likely
Tech stocks may remain better.
Astro Technical Trading Strategy for the day :: After 11.15am, if Nifty fut trades above Average Price by at least 5 points, long positions can be taken with a stop loss of 10 points below Average Price and such positions may be closed by about 1.30pm or depending on market position, may be continued with trailing stop loss.
Open level is important for intraday trading and generally, intraday short positions are suggested 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 above5410 with resistance around 5445 and 5470 and weak below 5385 with supports around 5350 and 5325 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5420and in Bearish zone below 5405for Thursday.
While Nifty closed weak for the day, it has closed near very key support level.. Market has been in a very narrow range for a long time and can be expected to seek clear direction very soon. (If Nifty breaks 5350, downfall is most likely and if it pierces 5480 further uptrend is possible. )
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
Wednesday, July 28, 2010
MIDSESSION SUBDUED …!!!
Astro Info:: Moon transits in Dhanishta ruled by Mars upto 2.50pm and in Sathabhisham thereafter ruled by Rahu and persons born in Pushyami, Anuradha and Uttarabhadra constellations and in Pisces and Cancer Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day : 10.15am; 12.25PM; 2.50pm;
Likely Intraday Trend for 28.07. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady and generally remain subdued / weak from 10.15am to 12.30pm and may recover thereafter . Market may become subdued towards close of the day (After 3.30pm). Power, pharma stocks may remain subdued while Communication stocks may remain volatile.
Astro Technical Trading Strategy for the day :: After 10.15am, if Nifty fut trades below Open Price and Average Price, short positions can be taken with day high as stop loss and such positions may be closed by 12.15pm. After 1.00pm, if Nifty fut trades above Average Price by at least 5 points, long positions can be taken with a stop loss of 10 points below Average Price and such positions may be closed by about 3.00pm.
Open level is important for intraday trading and generally, intraday short positions are suggested 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 above5440 with resistance around 5475 and 5500 and weak below 5420 with supports around 5385 and 5360 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5442and in Bearish zone below 5428for Wednesday.
RBI’s credit policy was in line with market expectation and Market traded in a narrow range and closed with marginal gains. Strong Resistance for Nifty exists in the region of 5480 and 5525
Nifty becomes weak below 5375 (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
Tuesday, July 27, 2010
Volatile Movements with Recovery in Closing Session …!!!
Astro Info:: Moon transits in Sravana ruled by Moon upto 12.00pm and in Dhanishta thereafter ruled by Mars and persons born in Pushyami, Anuradha and Uttarabhadra constellations and in Aquarius and Gemini Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day : 10.00am; 12.00PM; 2.00pm;
Likely Intraday Trend for 27.07. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady and generally remain subdued till about 10.00am and recover thereafter till 12.00pm to again become subdued thereafter. Market may however recover after 2.00pm .
Bank stocks, Entertainment, FMCG stocks may remain subdued.
Astro Technical Trading Strategy for the day :: After 2.00pm, if Nifty fut trades above Average Price by atleast 5 points , long positions can be taken with stop loss of 10 points below Average Price and such positions may be closed by end of the day.
Open level is important for intraday trading and generally, intraday short positions are suggested 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 above5430 with resistance around 5465 and 5490 and weak below 5410 with supports around 5375 and 5350 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5445and in Bearish zone below 5430for Tuesday.
Market generally remained weak throught the day and exhibited nervousness ahead of RBI Credit policy. Strong Resistance for Nifty exists in the region of 5480 and 5525
Nifty becomes weak below 5375 (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
Sunday, July 25, 2010
Conflicting Astro and Techncical Signals … !!!
Astro Info:: Moon transits in Sravana ruled by Moon and Persons born in Punarvasu, Visakha and Poorvabhadra constellations and in Aquarius and Gemini zodiac signs are advised to be alert in their dealings.
Astro Technical Position for the week :: Market gained about 1% amidst narrow movements during the week. Market was lackluster and sideways throughout the week except for closing hours of Thursday. Quarterly results and FII inflows continue to be encouraging. Global markets also appear to be out of danger. As mentioned in previous columns, technically, Nifty can test 5500+ levels which appears most likely now.
However, astrologically medium turbulent period has commenced with several geo cosmic events in the sky. Saturn Uranus Opposition on 26th July, Mars Saturn conjunction on 31st July and Jupiter Retrogression from 24th July, Saturn Venus conjunction on August 8th and Venus conjunctionMars on August 21st, Tsquare involving Pluto Jupiter and Saturn are the major geocosmic events which would rule the market from the current week on wards. Considering Astro and Technical position, market may start deep correction after the technical target of 5500+ is achieved. Hence caution is advised at higher levels as market might experience heavy volatility and can turn nervous any time . Since turbulence over a period of more than 2 months is expected, high degree of cautions is advised. (particularly as the index is at high level)
Stop loss for the current long positions may be maintained at 5375. However strong resistance for Nifty fut exists around 5480 and 5545.
Quarterly results, RBI’s Credit Policy and Global cues are expected to influence the market this week.
Technical Levels for the week :: Nifty futures is strong above 5475 with resistance around 5560, 5630 and weak below 5425 with supports around 5340 and 5275 for the week.
Based on present market movement, Nifty fut would be in bullish zone above 5425 and in bearish zone below 5385 during the week . WD Gann’s natural numbers which would act as natural support and resistance are :: 5293 ,5366,5440,5514 and 5588 during the week.
Sensitive / Trend change Timings for the day ::9.10am; 10.00am; 10.40am; 1.00pm;
Intraday Trend for 26.07.10: : (Volatile Movements)
Intraday Trend for 26.07.10:: On the basis of planetary position, Market is expected to open better but immediately may become subdued to recover after 10.00am to again become subdued after 12.00pm and again recover after 2.30pmweak but significantly recover after 11.30am . Over all, day is expected to display volatile movements with out any clear trend.
PSU Bank stocks are expected to be better while FMCG, Entertainment and Chemical stocks are expected to be subdued.
Astro Technical Trading Strategy for the day :: After 2.00pm, if Nifty fut trades above Average Traded Price by atleast 5 points, long positions can be taken with Stop loss of 10 points below Average Price and such positions may 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 5460 with resistance around 5495 and 5520 and bearish below 5440 with supports around 5405, 5380 for the day.
Based on present market position, Nifty fut would be in bearish zone below 5445 and in bullish zone above 5460 for Monday.
Stop loss for Nifty futures positional trade is 5375 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 Investing and Trading..
Dr B Amaranatha Sastry
Friday, July 23, 2010
FIRST HOUR BETTER … CLOSING SUBDUED …!!!
Astro Info:: Moon transits in Moola ruled by Ketu and persons born in Rohini, Hastha and Sravana constellations and in Capricorn and Taurus Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day : 10.10am; 12.15PM; 1.45pm;
Likely Intraday Trend for 23.07. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open better and remain so in the initial hour and may slowly become subdued and may become weak towards close of the day. Bank, Cement , Steel and Tech stocks may have volatile movements (mostly inclined towards bearishness).
Astro Technical Trading Strategy for the day :: After 1.30pm, if Nifty fut trades below Average Price by atleast 5 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.
Open level is important for intraday trading and generally, intraday short positions are suggested 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 above5460 with resistance around 5495 and 5520 and weak below 5440 with supports around 5405 and 5380 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5430and in Bearish zone below 5415 for Friday.
Market recovered after initial hour and closed near 5450 signifying further bullishness. Strong Resistance for Nifty exists in the region of 5525 and 5550
Nifty becomes weak below 5370 (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
Thursday, July 22, 2010
FIRST HOUR SUBDUED AND RECOVERY / VOLATILE MOVEMENTS THEREAFTER …!!!
Astro Info:: Moon transits in Jyeshta ruled by Mercury and persons born in Krittika, Uttara and Uttarashadha constellations and in Sagittarius and Aries Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day : 10.15am; 1.50pm;
Likely Intraday Trend for 22.07. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady / subdued and remain subdued till about 10.15am and recover thereafter and may have volatile movements after 12.30pm.
Communication stocks may remain better. Metal / Cement stocks may remain better till this weekend.
Astro Technical Trading Strategy for the day :: After 10.15am, if Nifty fut trades above Open price and Average Price, long positions can be taken with Low level as stop loss and such positions may be closed by 12.30pm or be continued with trailing stop loss depending on market position.
Open level is important for intraday trading and generally, intraday short positions are suggested 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 above5415 with resistance around 5450 and 5475 and weak below 5380 with supports around 5345 and 5320 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5400and in Bearish zone below 5385 for Thursday.
Market after gap up opening due to global cues maintained positive momentum and closed near 5400. Nifty becomes weak below 5360 (on close basis) and further strong above 5425 / 5450.
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..
Wednesday, July 21, 2010
FIRST HALF SUBDUED AND RECOVERY IN SECOND HALF …!!!
Astro Info:: Moon transits in Anuradha ruled by Saturn and persons born in Bharani, Pubba and Poorvashadha constellations and in Sagittarius and Aries Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day : 10.45am; 12.45pm; 2.50pm;
Likely Intraday Trend for 21.07. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady and generally remain subdued till about 12.45pm and slowly recover thereafter.
Public Sector Bank stocks and Tech stocks are generally expected to be better.
Astro Technical Trading Strategy for the day :: After 9.30am, if Nifty fut trades below Open price, short positions can be taken with High as stop loss and such positions may be closed by 12.30pm; After 1.00pm, if Nifty fut trades above Average Traded Price by atleast 5 points, long positions can be taken with a stop loss of 10 points below Average Price and such positions may be closed by end of the day.
Open level is important for intraday trading and generally, intraday short positions are suggested 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 above5370 with resistance around 5405 and 5430 and weak below 5345 with supports around 5310 and 5285 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5390and in Bearish zone below 5375 for Wednesday.
Market, after trading in a narrow range for most part of the day, witnessed sell off in the last hour and closed nearer to key support level. If Nifty closes convincingly below 5350, further fall can be expected in the near future. If Nifty closes below 5350, risky traders can consider Short positions with 5450 as stop loss. Immediate supports for Nifty are at 5325 / 5285 / 5225.
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
Tuesday, July 20, 2010
VOLATILE MOVEMENTS inclined towards Bullishness …!!!
Astro Info:: Moon transits in Visakha ruled by Jupiter and persons born in Aswini, Makha and Moola constellations and in Scorpio and Pisces Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day : 10.30am; 12.10pm; 2.00pm;
Likely Intraday Trend for 20.07. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady and recover opening and become subdued after 11.00am and again recover after 1.30pm leading to zigzag movements.
PSU, Power, Pharma stocks are expected to remain better in second half of the day.
Astro Technical Trading Strategy for the day :: After 1.30pm, if Nifty fut trades above Average Traded Price by atleast 5 points, long positions can be taken with a stop loss of 10 points below Average Price and such positions may be closed by end of the day.
Open level is important for intraday trading and generally, intraday short positions are suggested 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 above5395 with resistance around 5430 and 5455 and weak below 5375 with supports around 5340 and 5315 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5400and in Bearish zone below 5385 for Tuesday.
Market traded in a narrow range and closed marginally weak for the day and showed resilience considering global cues..
Stop loss for existing long positions may be trailed to 5350. (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
Monday, July 19, 2010
Caution at higher Levels … !!!
Astro Info:: Moon transits in Swathi ruled by Rahu and Persons born in Aslesha, Jyeshta and Revathi constellations and in Scorpio and Pisces zodiac signs are advised to be alert in their dealings.
Astro Technical Position for the week :: Market gained less than 1% amidst narrow movements during the week. Though Nifty crossed 5400 during intraday movements, it could close marginally above 5400 only for One day and it appears to be facing significant selling pressure above 5400. Global markets also had a relief rally after reaching heavy oversold situation and might get into correction mode. While technically, Nifty might test 5500+ levels, it can take a U turn also if it closes below 5300. As already mentioned last week, Astrologically turbulent period is ahead beginning from 20th July when Mars enters Virgo to conjoin Saturn. Saturn Uranus Opposition on 26th July, Mars Saturn conjunction on 31st July and Jupiter Retrogression from 24th July are the major geocosmic events which would rule the market from the current week on wards. Hence caution is advised at higher levels as market might turn nervous later on.
Stop loss for the current long positions may be maintained at 5350. Quarterly results, Global cues are expected to influence the market this week.
Technical Levels for the week :: Nifty futures is strong above 5425 with resistance around 5510, 5580 and weak below 5370 with supports around 5285 and 5220 for the week.
Based on present market movement, Nifty fut would be in bullish zone above 5410 and in bearish zone below 5380 during the week . WD Gann’s natural numbers which would act as natural support and resistance are :: 5221,5293 ,5366,5440,5514 and 5588 during the week.
Sensitive / Trend change Timings for the day ::11.30am; 12.10pm;
Intraday Trend for 19.07.10: : (Recovery in Second half of the day)
Intraday Trend for 19.07.10:: On the basis of planetary position and Global cues , Market is expected to open weak but significantly recover after 11.30am .
Power, pharma stocks may remain subdued while FMCG, Entertainment and Tech stocks may recover in Second half of the day.
Astro Technical Trading Strategy for the day :: After 11.30am, if Nifty fut trades above Average Traded Price by atleast 5 points, long positions can be taken with Stop loss of 10 points below Average Price and such positions may 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 5408 with resistance around 5440 and 5465 and bearish below 5385 with supports around 5350, 5325 for the day.
Based on present market position, Nifty fut would be in bearish zone below 5390 and in bullish zone above 5375 for Monday.
Stop loss for Nifty futures positional trade is 5350 on close basis. However strong support for Nifty fut exists around 5275 and 5225.
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 Investing and Trading..
Dr B Amaranatha Sastry
Friday, July 16, 2010
CLOSING WEAK ...!!!
Astro Info:: Moon transits in Uttara ruled by Sun and persons born in Aardra, Swathi and Sathabhisham constellations and in Virgo and Capricorn Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day : 9.55am; 12.45pm;
Likely Intraday Trend for 16.07. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady and remain better in the first hour and slowly become subdued in the second half of the day and may become weak towards close of the day. Highest rates for the day are expected to be recorded in the first half of the day.
Bank, Communication stocks are expected to be subdued while Metal stocks could remain better.
Astro Technical Trading Strategy for the day :: After 1.00pam, if Nifty fut trades below Average Traded Price by atleast 5 points, short positions can be taken with a stop loss of 10 points below Average Price and such positions may be closed by end of the day.
Open level is important for intraday trading and generally, intraday short positions are suggested 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 above5395 with resistance around 5430 and 5455 and weak below 5370 with supports around 5335 and 5310 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5390and in Bearish zone below 5375 for Friday.
Market traded in a narrow range and closed flat for the day.
Stop loss for existing long positions may be trailed to 5350. (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
Thursday, July 15, 2010
SECOND HALF BETTER …!!!
Astro Info:: Moon transits in Pubba ruled by Venus and persons born in Mrigasira,Chitta and Dhanishta constellations and in Virgo andn Capricorn Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day : 10.40am; 12.45pm.
Likely Intraday Trend for 15.07. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady and remain subdued till about 11.30am and slowly recover thereafter till about 3.00pm and may become subdued thereafter.
Power and Pharma stocks may fare better.
Astro Technical Trading Strategy for the day :: After 11.00am, if Nifty fut trades above Open and Average Traded Price by atleast 5 points, long positions can be taken with a stop loss of 10 points below Average Price and such positions may be closed by about 3.00pm. Since Market is expected to open better on Friday Morning, risky traders can carry long positions overnight and sell in the First hour.
Open level is important for intraday trading and generally, intraday short positions are suggested 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 above5395 with resistance around 5430 and 5455 and weak below 5370 with supports around 5335 and 5310 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5425and in Bearish zone below 5405 for Thursday.
Market made a new high but came off from high level and closed well below 5400 .
Stop loss for existing long positions may be trailed to 5330.
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
Wednesday, July 14, 2010
CLOSING SESSION SUBDUED …!!!
Astro Info:: Moon transits in Makha ruled by Ketu and persons born in Rohini, Hastha and Sravana constellations and in Virgo andn Capricorn Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day : 9.30am; 11.30am; 2.30pm;
Likely Intraday Trend for 14.07. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open better and may become subdued in Second half of the day particularly towards close of the day. .
FMCG , Entertainment stocks may remain better.
Astro Technical Trading Strategy for the day :: After 2.00pm, if Nifty fut trades below Average Traded Price by atleast 5 points, short positions can be taken with a stop loss of 10 points above Average Price and such positions may be closed by end of the day. (Intraday short positions are against the main trend of the market , hence high degree of caution advised. ).
Open level is important for intraday trading and generally, intraday short positions are suggested 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 above5425 with resistance around 5455 and 5480 and weak below 5405 with supports around 5370 and 5345 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5400and in Bearish zone below 5385 for Wednesday.
Market made a new high and closed above 5400 inspite of Infosys disappointing (below expectation) numbers. Since Nifty closed above 5400, intermediate target of 5500+ can be expected. Stop loss for existing long positions may be trailed to 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
Tuesday, July 13, 2010
SECOND HALF BETTER …!!!
Astro Info:: Moon transits in Pushyami upto 11.35am ruled by Saturn and in Aslesha ruled by Mercury thereafter and persons born in Bharani, Pubba and Poorvashadha constellations and in Leo and Sagittarius Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day :11.35am; 1.00pm;
Likely Intraday Trend for 13.07. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady and remain generally subdued till 11.30 am and is expected to generally recover thereafter.
Metal and Tech stocks could remain subdued.
Astro Technical Trading Strategy for the day :: After 12.00pm, if Nifty fut trades above Average Traded Price by atleast 5 points, long positions can be taken with a stop loss of 10 points below Average Price and such positions may be closed by end of the day. (If market opens flat, short positions can be tried after 9.15am below Open level to be closed by 11.00am)
Open level is important for intraday trading and generally, intraday short positions are suggested 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 above5390 with resistance around 5425 and 5450 and weak below 5370 with supports around 5335 and 5310 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5385and in Bearish zone below 5370 for Tuesday.
Market closed positive despite not so encouraging IIP numbers. Nifty also crossed 5400 market for a brief period during the day and made a new 30 month high. Stop loss for Nifty long position may be maintained at 5275. If Nity sustains above 5400, target of 5500+ is possible. However, high degree of caution is advised therafter as a deep correction is expected in August and September.
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
Sunday, July 11, 2010
Bullish Week Ahead of Bearish Month … !!!
Astro Info:: Moon transits in Punarvasu ruled by Jupiter upto 2.00pm and in Pushyami ruled by Saturn thereafter and Persons born in Aswini, Makha and Moola constellations and in Leo and Sagittarius zodiac signs are advised to be alert in their dealings.
Astro Technical Position for the week :: Market gained about 2% and closed at the upper band for the week signifying further bullishness. Technically, if Nifty makes a new high further rise upto 5500 to 5550 is possible in the coming weks. In view of the extremely oversold position of world markets, there has been a relief rally in global markets. Astrologically turbulent period is ahead beginning from 21st July when Mars enters Virgo to conjoin Saturn. Saturn Uranus Opposition on 26th July, Mars Saturn conjunction on 31st July and Jupiter Retrogression from 24th July are the major geocosmic events which would rule the market from next week on wards. Hence current rise may be utilized to liquidate long positions or to hedge the portfolio against any fall in the coming month(s). In the medium term, risk reward ratio for long positons (particularly after the expected rise) is not expected to be favourable. Stop loss for the current long positions may be maintained at 5270 / 5225 and further long positions may be added above 5400. Quarterly results, Global cues are expected to influence the market this week.
Technical Levels for the week :: Nifty futures is strong above 5375 with resistance around 5460, 5530 and weak below 5325 with supports around 5240 and 5170 for the week.
Based on present market movement, Nifty fut would be in bullish zone above 5315 and in bearish zone below 5290 during the week . WD Gann’s natural numbers which would act as natural support and resistance are :: 5221,5293 ,5366,5440,5514 and 5588 during the week.
Sensitive / Trend change Timings for the day ::11,45am; 2.05pm;
Intraday Trend for 12.07.10: : (Recovery towards Close of the day amidst Volatile Movements )
Intraday Trend for 12.07.10:: On the basis of planetary position , Market is expected to open steady / better and remain subdued in the first hour and to experience volatile movements and may recover towards close of the day. (after 2.30pm).
Bank, Metal and Tech stocks are likely to be before , particularly towards close of the day.
Astro Technical Trading Strategy for the day :: After 2.00pm, if Nifty fut trades above Average Traded Price by atleast 5 points, long positions can be taken with Stop loss of 10 points below Average Price and such positions may 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 5360 with resistance around 5395 and 5420 and bearish below 5340 with supports around 5310, 5280 for the day.
Based on present market position, Nifty fut would be in bearish zone below 5350 and in bullish zone above 5335 for Monday.
Stop loss for Nifty futures positional trade is 5280 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 Investing and Trading..
Dr B Amaranatha Sastry
Friday, July 9, 2010
FIRST HALF SUBDUED …!!!
Astro Info:: Moon transits in Rohini ruled by Moon and persons born in Punarvasu, Visakha and Poorvabhadra constellations and in Gemini and Libra Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day :10.30am; 1.300pm;
Likely Intraday Trend for 09.07. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady / subdued and remain so till 11.30 am and exhibit volatile movements thereafter with out any clear direction and may recover towards close of the day. Bank and Tech stocks may fare better.
Astro Technical Trading Strategy for the day :: After 1.00pm, if Nifty fut trades above Average Traded Price by atleast 5 points, long positions can be taken with a stop loss of 10 points below Average Price and such positions may be closed by end of the day. (If market opens flat, short positions can be tried after 9.15am below Open level to be closed by 11.00am)
Open level is important for intraday trading and generally, intraday short positions are suggested 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 above5320 with resistance around 5355 and 5380 and weak below 5290 with supports around 5255 and 5230 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5230and in Bearish zone below 5210 for Friday.
Following global cues, Market exhibited strength and traded with in the broader range and Nifty closed just below 5300. As per the present indications, Nifty becomes weak only when it closes below 5225 , as it has taken support several times around that range and becomes further bullish above 5350 / 5400.
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
Thursday, July 8, 2010
FIRST HALF BETTER and SECOND HALF SUBDUED …!!!
Astro Info:: Moon transits in Krittika ruled by Sun and persons born in Aardra, Swathi and Sathabhisham constellations and in Gemini and Libra Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day :11.00am; 12.00pm; 2.30pm;
Likely Intraday Trend for 08.07. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open better and remain better till 11.00am and is expected to become subdued / weak thereafter till about 1.30pm and may marginally recover thereafter. However, highest rates for the day are likely to be recorded before noon.
Bank, Cement and Steel stocks may remain better while PSU stocks could come under pressure.
Astro Technical Trading Strategy for the day :: After 11.00am if Nifty fut trades below Average Traded Price by atleast 5 points, short positions can be taken with a stop loss of 10 points below Average Price and such positions may be closed by 1.30pm or be continued with strict trailing stop loss. end of the day. (If market opens flat, long positions can be tried after 9.15am above Open level to be closed by 11.00am)
Open level is important for intraday trading and generally, intraday short positions are suggested 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 above5260 with resistance around 5290 and 5315 and weak below 5235 with supports around 5200 and 5175 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5270and in Bearish zone below 5255 for Thursday.
Market could not sustain Tuesday’s gains and closed below 5250 . However, Nifty continues to be in the range of 5325 and 5225 nearly for the last Two weeks . July 7th is a minor trend change date of WD Gann. Market would seek fresh directional trend above 5325 or below 5225 (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
Wednesday, July 7, 2010
VOLATILE MOVEMENTS ...!!!
Astro Info:: Moon transits in Bharani ruled by Venus and persons born in Mrigasira, Chitta and Dhanishta constellations and in Taurus and Virgo Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day :9.15AM; ; 12.00pm; 2.25pm;
Likely Intraday Trend for 07.07. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady and experience volatile movements with frequent rise and fall (alternate hours) generally inclined towards bullishness.
PSU, Power stocks are expected to be better while Bank and Tech stocks may remain subdued.
Astro Technical Trading Strategy for the day :: After 1.00PM, If Nifty fut trades above Average Traded Price by atleast 5 points, long positions can be taken with a stop loss of 10 points below Average Price and such positions may be closed by end of the day.
Open level is important for intraday trading and generally, intraday short positions are suggested 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 above5315 with resistance around 5350 and 5380 and weak below 5290 with supports around 5255 and 5225 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5285and in Bearish zone below 5265 for Wednesday.
Market has steadily gone up throught the day and closed near Key resistance level of 5300. If Nifty closes above 5300 on Wednesday , long positions can be taken with 5225 as stop loss. Nifty has taken support around Key support level of 5225 number of times during the last 6 working days and hence Nifty becomes weak only below 5225(on close basis). However, caution is to be exercised at higher levels as global cues are generally weak and a Sell off is possible at higher 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. 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
Tuesday, July 6, 2010
SECOND HALF SUBDUED …!!!
Astro Info:: Moon transits in Aswini ruled by Ketu and persons born in Rohini, Hastha and Sravana constellations and in Taurus and Virgo Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day :10.00am; 12.00pm; 1.35pm;
Likely Intraday Trend for 05.07. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open Steady and remain volatile between 9.00 to 10.00am and from 11.00am to 12.00pm and may generally remain subdued in second half of the day.
There may not be any clear trend for the market. .
.
Astro Technical Trading Strategy for the day :: After 1.00PM, If Nifty fut trades below Average Traded Price by atleast 5 points, short positions can be taken with a stop loss of 10 points above Average Price and such positions may be closed by end of the day.
Open level is important for intraday trading and generally, intraday short positions are suggested 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 above5255 with resistance around 5285 and 5310 and weak below 5235 with supports around 5205 and 5180 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5255and in Bearish zone below 5245 for Tuesday.
Market remains lacklustre and Bharat Bandh was clearly evident in market movement too aided by absence of global cues also. Nifty is directionless between 5300 and 5200 and need to break eitherside to seek a clear direction. For Positional short positions, Stop loss may be maintained at 5300(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
Monday, July 5, 2010
BEARISH QUARTER AHEAD ...!!!
Astro Info:: Moon transits in Revathi ruled by Mercury and Persons born in Krittika, Uttara and Uttarashadha constellations and in Aries and Leo zodiac signs are advised to be alert in their dealings.
Astro Technical Position for the week :: Market ended lower by about 1% amidst narrow range movements and ended at lower end for the week suggesting possible further weakness. Our market is quite resilient when compared to global markets and Nifty has taken support at the key support level of 5220 during the week. Close below 5200 suggests further weakness and hopes of a new high would fade out. While quarterly results are likely to hold the key for this month, global cues are also likely to dictate the trend for the immediate term and most of the global indices indicate extreme weakness and are in oversold territory also. As already indicated last week, Astrologically, turbulent times are ahead in July(second half) and hence extreme caution is suggested and risk reward ration appears unfavourable for pure long positions at this level. During the week, Venus, coruler of finance, would be entering inimical Leo and conjoining Mars which does not augur well for the market.
Fresh shorts are suggested only below 5200 and existing short positions may be held with a stop loss of 5300. For July F&O series, Nifty futures is bullish above 5325 with resistance around 5420, 5480 and 5490 and Bearish below 5275 with Supports around 5190, 5010 and 4830. Traders are advised to keep the above levels in mind for this month.
There have been reports that Indian stock market has created a record by going up for the last 6 calendar quarters and has gone up more than 84%. However, Statistics don’t reveal full facts and bulk of this rise had come in the first 2quarters and there has been hardly any increase in the last 3 quarters and further market is yet to break its all time high recorded in Jan, 2008. This is only to drive the point of the kind of volatility in the markets that investors / traders should be prepared for. However, traders need to be very cautious in this quarter considering present market situation, technically and astrologically and also global factors and rise appears possible after September quarter. However, fundamentally Indian economy is on strong footing and any significant fall is to be utilized for long term investment.
Technical Levels for the week :: Nifty futures is strong above 5260 with resistance around 5350, 5420 and weak below 5215 with supports around 5130, 5060 for the week.
Based on present market movement, Nifty fut would be in bullish zone above 5280 and in bearish zone below 5255 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 ::9.40am; 12.00pm; 2.30pm;
Intraday Trend for 05.07.10: : (Recovery after Open )
Intraday Trend for 05.07.10:: On the basis of planetary position , Market is expected to open subdued and recover after 9.15am generally remain better for most part of the day and may become subdued in the last hour.
Communication, Tech stocks may remain subdued and FMCG, Entertainment stocks may recover during the day.
Astro Technical Trading Strategy for the day :: After 9.30am, if Nifty fut trades above Open level by atleast 5 points, long positions can be taken with Day Low as stop loss and such positions may be closed by 2.30pm or be continued with strict 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 5250 with resistance around 5285 and 5310 and bearish below 5225 with supports around 5190, 5160 for the day.
Based on present market position, Nifty fut would be in bearish zone below 5250 and in bullish zone above 5270 for Monday.
Stop loss for Nifty futures positional trade is 5300 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 Investing and Trading..
Dr B Amaranatha Sastry
Friday, July 2, 2010
VOLATILE MOVEMENTS INCLINED TOWARDS BEARISHNESS …!!!
Astro Info:: Moon transits in Sathabhisham ruled by Rahu upto 11.00am and in Poorvabhadra ruled by Jupiter thereafter and persons born in Aswini, Makha and Moola constellations and in Pisces and Cancer Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day :11.00am; 1.00pm;
Likely Intraday Trend for 02.07. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open subdued and remain subdued till 11.00am and recover thereafter and again become subdued / weak after 1.45pm and may recover towards fagend of the day (after 3.00pm).
Communication . Tech stocks may remain generally better .
.
Astro Technical Trading Strategy for the day :: After 1.00PM, If Nifty fut trades below Average Traded Price by atleast 5 points, short positions can be taken with a stop loss of 10 points above Average Price and such positions may be closed by end of the day.
Open level is important for intraday trading and generally, intraday short positions are suggested 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 above5270 with resistance around 5300 and 5325 and weak below 5245 with supports around 5215 and 5190 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5265and in Bearish zone below 5245 for Friday.
In tune with global cues, Nifty opened gap down and traded weak throughout the day and closed near 5250 indicating weakness . Market has been experiencing see-saw movements during the last 5 trading session with alternate bouts of positive and negative closing indicating indecisiveness (with bearish bias). Market would come out of this range and seek direction when it closes below 5225 or above 5350. For Positional short positions, Stop loss may be maintained at 5350(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
Thursday, July 1, 2010
RECOVERY IN SECOND HALF .. !!!
Astro Info:: Moon transits in Sathabhisham ruled by Rahu and persons born in Aslesha, Jyeshta and Revathi constellations and in Pisces and Cancer Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day :9.30am; 2.10pm; 2.45pm;
Likely Intraday Trend for 01.07. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open subdued and remain subdued after 9.30am and might recover towards close of the day (after 1.45pm.)
PSU stocks are expected to recover towards close of the day.
.
Astro Technical Trading Strategy for the day :: After 9.30am, If Nifty fut trades below Low recorded upto 9.30am, short positions can be taken with Day high as stop loss and such positions may be closed by 1.00pm., After 2.00pm, if Nifty fut trades above Average Traded Price by atleast 5 points, long positions can be taken with a stop loss of 10 points below Average Price and such positions may be closed by end of the day.
Open level is important for intraday trading and generally, intraday short positions are suggested 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 above5325 with resistance around 5360 and 5390 and weak below 5300 with supports around 5265 and 5240 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5285and in Bearish zone below 5260 for Thursday.
Contrary to global trends, Nifty fut . recovered sharply and regained Tuesday’s losses and closed above 5300. For Positional short positions, Stop loss may be maintained at 5350(on close basis) Strong Resistance at 5375 and Strong support at 5220 are seen for Nifty.
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