Astro Technical Guide for Tuesday, 31.08.2010 ::
Astro Info:: Moon transits in Bharani constellation ruled by Venus upto 12.10pm and in Krittika ruled by Sun thereafter and persons born in Aardra, Swathi and Aslesha constellations and in Taurus and Virgo Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day : 9.45am; 12.10pm; 2.15pm;
Likely Intraday Trend for 31.08. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to remain subdued till about 12.00pm and recover thereafter till about 2.15pm and may become again subdued towards close of the day.
Power, Pharma, FMCG stocks may remain generally subdued.
Astro Technical Trading Strategy for the day :: After 9.30am, if Nifty fut trades below Open Price (prefarbly below Low level upto 9.30am), short positions can be taken with stop loss of High price recorded till them and such positions may be closed by 12.00pm.
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 is expected to face resistance at 5447, 5466 and find support at 5411, 5392 and 5374 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5435 and in Bearish zone below 5415 for Tues day.
Nifty after opening better due to global cues fell sharply during the day to breach Friday’s low and recovered partially towards close of the day to close in the positive. However, Nifty fut continues to make lower tops and lower bottoms for the last 5 days suggesting weakness. Strong Support for Nifty fut exists in the region of 5360 below which it becomes further weak. Short positions can be continued with stop loss of 5510.
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, August 31, 2010
Monday, August 30, 2010
Short Term Bearishness sets in .. To accelerate further …
Astro Technical Guide for Monday, 30thrd August, 2010 and general outlook for the week::
Astro Info:: Moon transits in Aswini ruled by Ketu upto 10.30am and in Bharani ruled by Venus thereafter and Persons born in Mrigasira, Chitta and Dhanishta constellations and in Taurus and Virgo Zodiac signs are advised to be alert in their dealings.
Astro Technical Position for the week :: Market closed with a loss of more than 2% during the week, one of the biggest weekly losses in the last 3 months and has breached immediate support levels of 5490 and 5440 and faces another strong support in the region of 5360. Market has been moving sideways for several weeks and is in the process of becoming bearish for short / medium term. Nifty would become bullish only if it closes above 5500 / 5550.
As mentioned in this column last week, astrologically medium term turbulent period has commenced with several geo cosmic events (involving slow moving planets) in the sky. Mars aspect on Rahu / Pluto ; Saturn aspect on Natal 2nd house ; and Tsquare involving Pluto Jupiter and Saturn, Mercury Retrograde position are the major geocosmic events which are currently in operation. With Jupiter and Mercury, planets signifying Finance, Trade and Commerce, being in retrograde position, market may experience high volatility inclined towards bearishness. Thereafter, Mars transit in Libra also does not augur well for the market. Considering Astro and Technical position, nifty technically also losing strength may go down further if it breaches 5360. W D Gann studies have proved their as market has topped out on 23/8/10, as mentioned last week and also faced resistance in the region of 5545. Nifty continues to be in a narrow range and is all set to come out of the range when it breaches 5350. In view of the current astro technical position, any rise from current level may be utilized to create short positions / liquidate long positions with recent high as stop loss and downside would accelerate below 5360. Hence caution is advised at higher levels . Since turbulence over a period upto mid October is expected, high degree of cautions is advised. Technical Supports for Nifyt are 5360 / 5280 and 5225 and Resistances are at 5490 and 5550.
Technical Levels for the week :: Nifty futures is strong above 5435 with resistance around 5480, 5525, 5595 and weak below 5385 with supports around 5340, 5295 and 5225 for the week.Based on present market movement, Nifty fut would be in bullish zone above 5490 and in bearish zone below 5435 during the week . WD Gann’s natural numbers which would act as natural support and resistance are :: 5221, 5366,5440,5514, 5588 during the week.
Sensitive / Trend change Timings for the day ::10.30am;12.00pm; 3.10pm;
Intraday Trend for 30.08.10: : (Mid session Subdued)Intraday Trend for 30.08.10:: On the basis of planetary position, Market is expected to open steady/ better but become subdued from 10.30 to 12.00pm and may recover thereafter and experience volatile movements after 2.10pm.
PSU stocks are expected to be better while FMCG, Entertainment stocks may remain subdued.
Astro Technical Trading Strategy for the day :: After 10.30am, 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 may be closed by 12.30pm.
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 face resistance around 5428 and 5447 and 5470 and find support around 5391 and 5373 during the day.
Based on present market position, Nifty fut would be in bearish zone below 5430 and in bullish zone above 5455 for Monday.Stop loss for Nifty futures positional trade (short ) is 5510 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
Astro Info:: Moon transits in Aswini ruled by Ketu upto 10.30am and in Bharani ruled by Venus thereafter and Persons born in Mrigasira, Chitta and Dhanishta constellations and in Taurus and Virgo Zodiac signs are advised to be alert in their dealings.
Astro Technical Position for the week :: Market closed with a loss of more than 2% during the week, one of the biggest weekly losses in the last 3 months and has breached immediate support levels of 5490 and 5440 and faces another strong support in the region of 5360. Market has been moving sideways for several weeks and is in the process of becoming bearish for short / medium term. Nifty would become bullish only if it closes above 5500 / 5550.
As mentioned in this column last week, astrologically medium term turbulent period has commenced with several geo cosmic events (involving slow moving planets) in the sky. Mars aspect on Rahu / Pluto ; Saturn aspect on Natal 2nd house ; and Tsquare involving Pluto Jupiter and Saturn, Mercury Retrograde position are the major geocosmic events which are currently in operation. With Jupiter and Mercury, planets signifying Finance, Trade and Commerce, being in retrograde position, market may experience high volatility inclined towards bearishness. Thereafter, Mars transit in Libra also does not augur well for the market. Considering Astro and Technical position, nifty technically also losing strength may go down further if it breaches 5360. W D Gann studies have proved their as market has topped out on 23/8/10, as mentioned last week and also faced resistance in the region of 5545. Nifty continues to be in a narrow range and is all set to come out of the range when it breaches 5350. In view of the current astro technical position, any rise from current level may be utilized to create short positions / liquidate long positions with recent high as stop loss and downside would accelerate below 5360. Hence caution is advised at higher levels . Since turbulence over a period upto mid October is expected, high degree of cautions is advised. Technical Supports for Nifyt are 5360 / 5280 and 5225 and Resistances are at 5490 and 5550.
Technical Levels for the week :: Nifty futures is strong above 5435 with resistance around 5480, 5525, 5595 and weak below 5385 with supports around 5340, 5295 and 5225 for the week.Based on present market movement, Nifty fut would be in bullish zone above 5490 and in bearish zone below 5435 during the week . WD Gann’s natural numbers which would act as natural support and resistance are :: 5221, 5366,5440,5514, 5588 during the week.
Sensitive / Trend change Timings for the day ::10.30am;12.00pm; 3.10pm;
Intraday Trend for 30.08.10: : (Mid session Subdued)Intraday Trend for 30.08.10:: On the basis of planetary position, Market is expected to open steady/ better but become subdued from 10.30 to 12.00pm and may recover thereafter and experience volatile movements after 2.10pm.
PSU stocks are expected to be better while FMCG, Entertainment stocks may remain subdued.
Astro Technical Trading Strategy for the day :: After 10.30am, 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 may be closed by 12.30pm.
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 face resistance around 5428 and 5447 and 5470 and find support around 5391 and 5373 during the day.
Based on present market position, Nifty fut would be in bearish zone below 5430 and in bullish zone above 5455 for Monday.Stop loss for Nifty futures positional trade (short ) is 5510 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, August 27, 2010
First Half Subdued !!!
Astro Technical Guide for Friday, 27.08.2010 ::
Astro Info:: Moon transits in Uttarabhadra ruled by Saturn and persons born in Bharani, Pubba and Poorvashadha constellations and in Aries and Leo Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day : 9.40am; 11.20am; 12.30pm;
Likely Intraday Trend for 27.08. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady and is expected to till about 12.00pm and may recover from 12.30pm to 2.30pm and may again become steady thereafter. A volatile day with good fluctuations . Bank stocks may remain better while PSU and Cement, steel stocks may remain subdued.
Astro Technical Trading Strategy for the day :: After 9.30am, if Nifty fut trades below Open Price (prefarbly below Low level upto 9.30am), short positions can be taken with stop loss of High price recorded till them and such positions may be closed by 12.00pm. After 12.30pm, depending on market position, long positions can be attempted if Nifty trades above Average Price with suitable 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 is expected to face resistance at 5495, 5515 and find support at 5458, 5440 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5485 and in Bearish zone below 5470 for Fri day.
Nifty traded in a very narrow range and closed positively , but well below 5500 mark. If Nifty closes below 5440, down trend would accelerate. In case it closes above 5510, new high also can be attempted. However, considering global cues and astro indications, chances of Nify breaching 5440 and going down is more probable.
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
Astro Info:: Moon transits in Uttarabhadra ruled by Saturn and persons born in Bharani, Pubba and Poorvashadha constellations and in Aries and Leo Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day : 9.40am; 11.20am; 12.30pm;
Likely Intraday Trend for 27.08. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady and is expected to till about 12.00pm and may recover from 12.30pm to 2.30pm and may again become steady thereafter. A volatile day with good fluctuations . Bank stocks may remain better while PSU and Cement, steel stocks may remain subdued.
Astro Technical Trading Strategy for the day :: After 9.30am, if Nifty fut trades below Open Price (prefarbly below Low level upto 9.30am), short positions can be taken with stop loss of High price recorded till them and such positions may be closed by 12.00pm. After 12.30pm, depending on market position, long positions can be attempted if Nifty trades above Average Price with suitable 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 is expected to face resistance at 5495, 5515 and find support at 5458, 5440 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5485 and in Bearish zone below 5470 for Fri day.
Nifty traded in a very narrow range and closed positively , but well below 5500 mark. If Nifty closes below 5440, down trend would accelerate. In case it closes above 5510, new high also can be attempted. However, considering global cues and astro indications, chances of Nify breaching 5440 and going down is more probable.
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, August 26, 2010
Normal rise or Considerable fall ??? …. !!!
Astro Technical Guide for Thursday, 26.08.2010 ::
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 : 11.30am; 1.30pm;
Likely Intraday Trend for 26.08. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady and remain subdued thereafter and trend deciding time for the day is 11.30am to 12.30pm. Market may recover from 11.30am to 2.30pm and again may become subdued thereafter. Considering Astro and Technical Indicators, either a normal rise or considerable fall can be expected on this Thursday. In view of the last day of F&O settlement, scrip specific movement is to be expected. Generally Bank stocks are bullish. FMCG, Entertainment, Power, Pharma stocks may remain subdued for the day.
Astro Technical Trading Strategy for the day :: After 11.30am, 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 2.30pm.
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 is expected to face resistance at 5485, 5502 and find support at 5445, 5428 and 5410 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5490 and in Bearish zone below 5475 for Thurs day.
Market has been in the negative zone throughout the day and after recovering most of the losses in the midsession , fell again in the last hour to close near the day low. While market has broken the first support , another strong support exists around 5440, which if broken convincingly would be heading much lower in due course. Market will stage a comeback only if Nifty closes above 5550.
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
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 : 11.30am; 1.30pm;
Likely Intraday Trend for 26.08. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady and remain subdued thereafter and trend deciding time for the day is 11.30am to 12.30pm. Market may recover from 11.30am to 2.30pm and again may become subdued thereafter. Considering Astro and Technical Indicators, either a normal rise or considerable fall can be expected on this Thursday. In view of the last day of F&O settlement, scrip specific movement is to be expected. Generally Bank stocks are bullish. FMCG, Entertainment, Power, Pharma stocks may remain subdued for the day.
Astro Technical Trading Strategy for the day :: After 11.30am, 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 2.30pm.
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 is expected to face resistance at 5485, 5502 and find support at 5445, 5428 and 5410 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5490 and in Bearish zone below 5475 for Thurs day.
Market has been in the negative zone throughout the day and after recovering most of the losses in the midsession , fell again in the last hour to close near the day low. While market has broken the first support , another strong support exists around 5440, which if broken convincingly would be heading much lower in due course. Market will stage a comeback only if Nifty closes above 5550.
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, August 25, 2010
Midsession Better amidst volatile movements…. !!!
Astro Technical Guide for Wednesday, 25.08.2010 ::
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 : 10.35am; 12.20pm; 2.30pm;
Likely Intraday Trend for 25.08. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open subdued and to remain steady from 10.30am and is expected to recover from 12.20pm to 2.30pm and again become steady thereafter. Time between 1035am to 11.35 is quite sensitive for the day. Cement, Steel stocks are expected to be subdued while Bank, Tech stocks may fare better.
Astro Technical Trading Strategy for the day :: After 12.00pm, 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 2.40pm or be monitored very closed 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 is expected to face resistance at 5530, 5550 and find support at 5490, 5472 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5518 and in Bearish zone below 5503 for Wednes day.
Nifty after opening steady witnessed considerable selling and recovered towards close of the day to close above 5500 mark. As global markets are generally very weak, India may have to fall in line with other markets sooner or later. High degree of caution is advised at current levels and it is reiterated that long positions at current levels have unfavourable risk reward ratio and Nifty becomes weak below 5490 and further weak below 5440.
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
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 : 10.35am; 12.20pm; 2.30pm;
Likely Intraday Trend for 25.08. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open subdued and to remain steady from 10.30am and is expected to recover from 12.20pm to 2.30pm and again become steady thereafter. Time between 1035am to 11.35 is quite sensitive for the day. Cement, Steel stocks are expected to be subdued while Bank, Tech stocks may fare better.
Astro Technical Trading Strategy for the day :: After 12.00pm, 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 2.40pm or be monitored very closed 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 is expected to face resistance at 5530, 5550 and find support at 5490, 5472 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5518 and in Bearish zone below 5503 for Wednes day.
Nifty after opening steady witnessed considerable selling and recovered towards close of the day to close above 5500 mark. As global markets are generally very weak, India may have to fall in line with other markets sooner or later. High degree of caution is advised at current levels and it is reiterated that long positions at current levels have unfavourable risk reward ratio and Nifty becomes weak below 5490 and further weak below 5440.
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, August 23, 2010
Risk Reward unfavourable for Long positions at current Levels …
Astro Technical Guide for Monday, 23rd August, 2010 and general outlook for the week::
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 closed with a gain of more than 1.50% for the week amidst highly volatile movements and has broken out of the range , thereby suggesting further bullishness. Current week, being the settlement week of F&O contracts, scrip specific movements are most likely. Technically, Nifty would become weak only if it closes below 5440.
However, astrologically medium term turbulent period has commenced with several geo cosmic events (involving slow moving planets) in the sky. Venus debilitation in Virgo; Mars aspect on Rahu / Pluto ; Saturn aspect on Natal 2nd house ; and Venus Mars conjunction in Raasi and Navamsa , Tsquare involving Pluto Jupiter and Saturn, Mercury Retrograde position are the major geocosmic events which are currently in operation. With Jupiter and Mercury, planets signifying Finance, Trade and Commerce, being in retrograde position, market may experience high volatility inclined towards bearishness. Thereafter, Mars transit in Libra also does not augur well for the market. Considering Astro and Technical position, nifty being in technically strong position may go upto 5550 / 5580 / 5650 before experiencing significant correction in the forthcoming period. According to W D Gann studies, top for the current swing which has commenced from 4786 level can happen around 23/8 or 30/8, which is to be very carefully watched. Also, according WD Gann studies, strong resistance is placed at 5545. Though Nifty has broken out of the range, it still continues to be in a narrow range, considering historical data and can move up further, technically. However, considering the present level of high index , upside may be limited and risk reward ratio for the long positions at the current level may not be favourable. Hence caution is advised at higher levels as market might experience heavy volatility and can turn nervous any time . Since turbulence over a period upto mid October is expected, high degree of cautions is advised. (particularly as the index is at high level)Technically, if Nifty fut closes below 5440., short positions can be taken and Stop loss for such short positions may be maintained at recorded high level by that time. Strong Resistance for Nifty is placed at 5545 / 5580 /5650.
Technical Levels for the week :: Nifty futures is strong above 5545 with resistance around 5595, 5670 and weak below 5500 with supports around 5445 and 5370 for the week.Based on present market movement, Nifty fut would be in bullish zone above 5485 and in bearish zone below 5430 during the week . WD Gann’s natural numbers which would act as natural support and resistance are :: 5366,5440,5514, 5588 and 5663 during the week.
Sensitive / Trend change Timings for the day ::10.15am;11.20am; 2.40pm;
Intraday Trend for 23.08.10: : (General Bullishness amidst Volatile Movements)Intraday Trend for 23.08.10:: On the basis of planetary position, Market is expected to open steady and remain subdued from 10.15 to 12.15pm and recover thereafter to again become subdued after 2.40pm. and may recover from 11.15am; Time from 12.15pm to Power, Pharma , Entertainment, FMCG stocks may fare better while Communication and Tech stocks may remain subdued.
Astro Technical Trading Strategy for the day :: After 12.30pm, 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 may be closed by 2.30pm.
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 face resistance around 5545 and 5565 and find support around 5500 and 5480 during the day.
Based on present market position, Nifty fut would be in bearish zone below 5512 and in bullish zone above 5525 for Monday.Stop loss for Nifty futures positional trade (long ) is 5440 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
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 closed with a gain of more than 1.50% for the week amidst highly volatile movements and has broken out of the range , thereby suggesting further bullishness. Current week, being the settlement week of F&O contracts, scrip specific movements are most likely. Technically, Nifty would become weak only if it closes below 5440.
However, astrologically medium term turbulent period has commenced with several geo cosmic events (involving slow moving planets) in the sky. Venus debilitation in Virgo; Mars aspect on Rahu / Pluto ; Saturn aspect on Natal 2nd house ; and Venus Mars conjunction in Raasi and Navamsa , Tsquare involving Pluto Jupiter and Saturn, Mercury Retrograde position are the major geocosmic events which are currently in operation. With Jupiter and Mercury, planets signifying Finance, Trade and Commerce, being in retrograde position, market may experience high volatility inclined towards bearishness. Thereafter, Mars transit in Libra also does not augur well for the market. Considering Astro and Technical position, nifty being in technically strong position may go upto 5550 / 5580 / 5650 before experiencing significant correction in the forthcoming period. According to W D Gann studies, top for the current swing which has commenced from 4786 level can happen around 23/8 or 30/8, which is to be very carefully watched. Also, according WD Gann studies, strong resistance is placed at 5545. Though Nifty has broken out of the range, it still continues to be in a narrow range, considering historical data and can move up further, technically. However, considering the present level of high index , upside may be limited and risk reward ratio for the long positions at the current level may not be favourable. Hence caution is advised at higher levels as market might experience heavy volatility and can turn nervous any time . Since turbulence over a period upto mid October is expected, high degree of cautions is advised. (particularly as the index is at high level)Technically, if Nifty fut closes below 5440., short positions can be taken and Stop loss for such short positions may be maintained at recorded high level by that time. Strong Resistance for Nifty is placed at 5545 / 5580 /5650.
Technical Levels for the week :: Nifty futures is strong above 5545 with resistance around 5595, 5670 and weak below 5500 with supports around 5445 and 5370 for the week.Based on present market movement, Nifty fut would be in bullish zone above 5485 and in bearish zone below 5430 during the week . WD Gann’s natural numbers which would act as natural support and resistance are :: 5366,5440,5514, 5588 and 5663 during the week.
Sensitive / Trend change Timings for the day ::10.15am;11.20am; 2.40pm;
Intraday Trend for 23.08.10: : (General Bullishness amidst Volatile Movements)Intraday Trend for 23.08.10:: On the basis of planetary position, Market is expected to open steady and remain subdued from 10.15 to 12.15pm and recover thereafter to again become subdued after 2.40pm. and may recover from 11.15am; Time from 12.15pm to Power, Pharma , Entertainment, FMCG stocks may fare better while Communication and Tech stocks may remain subdued.
Astro Technical Trading Strategy for the day :: After 12.30pm, 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 may be closed by 2.30pm.
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 face resistance around 5545 and 5565 and find support around 5500 and 5480 during the day.
Based on present market position, Nifty fut would be in bearish zone below 5512 and in bullish zone above 5525 for Monday.Stop loss for Nifty futures positional trade (long ) is 5440 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, August 20, 2010
Highly Volatile Day…. !!!
Astro Technical Guide for Friday, 20.08.2010 ::
Astro Info:: Moon transits in Moola ruled by Ketu upto 10.10am and in Poorvashada constellation ruled by Venus thereafter and persons born in Mrigasira, Chitta and Dhanishta 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; 12.30pm; 2.45pm;
Likely Intraday Trend for 20.08. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady / subdued and after 10.10am expected to remain subdued / weak till about 11.45and remain generally volatile thereafter. Market is expected to be highly volatile in view of rapt conjunction of Mars and Venus and today being ruled by Venus as Day lord and Star lord. .
FMCG. Entertainment Power stocks are expected to be volatile (inclined towards bearishness).
Astro Technical Trading Strategy for the day :: After 10..00am, if Nifty fut trades below Open Price and Average Price , short positions can be taken with Day high level as stop loss and such positions may be closed by 1.00pm or be continued with strict trailing stop loss. Intraday short positions are against the main trend of the market and hence need high degree of caution and strict 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 is expected to face resistance at 5546, 5565 and 5585 and find support at 5509, 5490,and 5472 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5515 and in Bearish zone below 5500 for Fri day.
Market , continued its upward journey and made a new 52 week high . Nifty is expected to get strong support in the region of 5450 and may face strong resistance around 5550.
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
Astro Info:: Moon transits in Moola ruled by Ketu upto 10.10am and in Poorvashada constellation ruled by Venus thereafter and persons born in Mrigasira, Chitta and Dhanishta 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; 12.30pm; 2.45pm;
Likely Intraday Trend for 20.08. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady / subdued and after 10.10am expected to remain subdued / weak till about 11.45and remain generally volatile thereafter. Market is expected to be highly volatile in view of rapt conjunction of Mars and Venus and today being ruled by Venus as Day lord and Star lord. .
FMCG. Entertainment Power stocks are expected to be volatile (inclined towards bearishness).
Astro Technical Trading Strategy for the day :: After 10..00am, if Nifty fut trades below Open Price and Average Price , short positions can be taken with Day high level as stop loss and such positions may be closed by 1.00pm or be continued with strict trailing stop loss. Intraday short positions are against the main trend of the market and hence need high degree of caution and strict 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 is expected to face resistance at 5546, 5565 and 5585 and find support at 5509, 5490,and 5472 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5515 and in Bearish zone below 5500 for Fri day.
Market , continued its upward journey and made a new 52 week high . Nifty is expected to get strong support in the region of 5450 and may face strong resistance around 5550.
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, August 19, 2010
Closing hour Crucial …. !!!
Astro Technical Guide for Thursday, 19.08.2010 ::
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 : 9.45am; 12.30pm and 3.00pm;
Likely Intraday Trend for 19.08. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open subdued and may remain subdued after 12.00pm with a decisive turn towards close of the day (Last 30 minutes). However, market is expected trade with bearish bias for intraday.
PSU stocks are expected to be better in the forenoon and Bank, Cement and Steel stocks could be subdued in second half of the day.
Astro Technical Trading Strategy for the day :: After 12.00pm, if Nifty fut trades below Average Price by atleast 5 points, short positions can be taken with stop loss of 10 points and such positions may be closed by end of the day. However, Short positions is appear to be against the main market trend, hence high degree of caution is 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 is expected to face resistance at 5505 and 5525 and find support at 5465, 5445,and 5430 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5465 and in Bearish zone below 5445 for Thurs day.
Market , after remaining in a very narrow range till about 2pm, broke out fiercefully and went on to make a new high in futures segment. Nifty, did not breach crucial support level of 5400 (on close basis), which was required for a downside breakout and instead appears to be heading to make a new high. Market can still be considered to be in the narrow range but at the upper end of the range and needs to breakout decisively. However, strong resistance for Nifty is in the region of 5550.
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
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 : 9.45am; 12.30pm and 3.00pm;
Likely Intraday Trend for 19.08. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open subdued and may remain subdued after 12.00pm with a decisive turn towards close of the day (Last 30 minutes). However, market is expected trade with bearish bias for intraday.
PSU stocks are expected to be better in the forenoon and Bank, Cement and Steel stocks could be subdued in second half of the day.
Astro Technical Trading Strategy for the day :: After 12.00pm, if Nifty fut trades below Average Price by atleast 5 points, short positions can be taken with stop loss of 10 points and such positions may be closed by end of the day. However, Short positions is appear to be against the main market trend, hence high degree of caution is 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 is expected to face resistance at 5505 and 5525 and find support at 5465, 5445,and 5430 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5465 and in Bearish zone below 5445 for Thurs day.
Market , after remaining in a very narrow range till about 2pm, broke out fiercefully and went on to make a new high in futures segment. Nifty, did not breach crucial support level of 5400 (on close basis), which was required for a downside breakout and instead appears to be heading to make a new high. Market can still be considered to be in the narrow range but at the upper end of the range and needs to breakout decisively. However, strong resistance for Nifty is in the region of 5550.
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, August 18, 2010
Volatile Movements inclined towards Bearishness …. !!!
Astro Technical Guide for Wednesday, 18.08.2010 ::
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 : 10.30am; 1.10pm;
Likely Intraday Trend for 18.08. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady and immediately become weak and expected to experience alternate bouts of bullishness and bearishness. Power stocks are expected to be better while Communication / tech stocks may remain subdued.
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 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 is expected to face resistance at 5443 and 5462 and find support at 5405, 5385 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5430 and in Bearish zone below 5420 for Wednes day.
Market , remained in a very narrow range and closed flat for the day inspite of huge gains for Bank stocks and Bank Nifty . If Nifty closes below 5400, it can go down further . Decisive turn for the market is expected before 21st August (mostly bearish breakout) .
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
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 : 10.30am; 1.10pm;
Likely Intraday Trend for 18.08. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady and immediately become weak and expected to experience alternate bouts of bullishness and bearishness. Power stocks are expected to be better while Communication / tech stocks may remain subdued.
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 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 is expected to face resistance at 5443 and 5462 and find support at 5405, 5385 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5430 and in Bearish zone below 5420 for Wednes day.
Market , remained in a very narrow range and closed flat for the day inspite of huge gains for Bank stocks and Bank Nifty . If Nifty closes below 5400, it can go down further . Decisive turn for the market is expected before 21st August (mostly bearish breakout) .
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, August 17, 2010
First Half Subdued …. !!!
Astro Technical Guide for Tuesday, 17.08.2010 ::
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 : 9.15am; 12.20pm;
Likely Intraday Trend for 17.08. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady and immediately become weak and may recover after 12.30pm till 3.00pm;
Bank, Cement, Steel stocks may fare better.
Today’s range (high and low) may be kept as reference for the next one month and below Low Level short positions can be taken with high level as stop loss and vice versa.. Decisive Turn is likely for the market mostly inclined towards bearishness, for which the main parameter is to close below 5400 initially and 5350 thereafter
Astro Technical Trading Strategy for the day :: After 9.30am, if Nifty fut trades below Low Price recorded upto 9.30am, short positions can be taken with stop loss of Open Price and such positions may be closed by 12.30pm.
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 is expected to face resistance at 5436 and 5455 and find support at 5400, 5381 and 5363 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5443 and in Bearish zone below 5425 for Tues day.
Market , after remaining firm in the First half of the day, experienced a huge sell off between 1.00pm and 2.00pm and closed weak for the day but above the key level of 5400, ( though went below 5400 during the day). If Nifty closes below 5400, it can go down further and may test 5250. However, astrologically, as the forthcoming period is quite sensitive and indicates bearishness, high degree of caution is advised.
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
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 : 9.15am; 12.20pm;
Likely Intraday Trend for 17.08. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady and immediately become weak and may recover after 12.30pm till 3.00pm;
Bank, Cement, Steel stocks may fare better.
Today’s range (high and low) may be kept as reference for the next one month and below Low Level short positions can be taken with high level as stop loss and vice versa.. Decisive Turn is likely for the market mostly inclined towards bearishness, for which the main parameter is to close below 5400 initially and 5350 thereafter
Astro Technical Trading Strategy for the day :: After 9.30am, if Nifty fut trades below Low Price recorded upto 9.30am, short positions can be taken with stop loss of Open Price and such positions may be closed by 12.30pm.
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 is expected to face resistance at 5436 and 5455 and find support at 5400, 5381 and 5363 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5443 and in Bearish zone below 5425 for Tues day.
Market , after remaining firm in the First half of the day, experienced a huge sell off between 1.00pm and 2.00pm and closed weak for the day but above the key level of 5400, ( though went below 5400 during the day). If Nifty closes below 5400, it can go down further and may test 5250. However, astrologically, as the forthcoming period is quite sensitive and indicates bearishness, high degree of caution is advised.
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, August 16, 2010
Caution continues to be the buzz word …
Astro Technical Guide for Monday, 16th August, 2010 and general outlook for the week::
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.
Astro Technical Position for the week :: Market closed flat for the week amidst volatile movements during the week and the way it has pulled up from lower levels suggests further bullishness. While Astro indications are bearish and Technical indications do not seem to be suggesting immediate bearishness unless Nifty closes below 5400.
However, astrologically medium term turbulent period has commenced with several geo cosmic events (involving slow moving planets) in the sky. Venus debilitation in Virgo; Mars aspect on Pluto ; Saturn aspect on Natal 2nd house ; and Venus Mars conjunction 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. Further, new Solar month commencing from Tues day is to be observed. Considering Astro and Technical position, nifty, if maintained above 5400 level can test upto 5550 before experiencing significant correction in the forthcoming period. However, Nifty continues to be in a very narrow range suggesting a big move either side. However, considering the present level of high index, upside may be limited and risk reward ratio for the long positions at the current level may not be favourable. 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)Technically, if Nifty fut closes below 5400., short positions can be taken and Stop loss for such short positions may be maintained at recorded high level by that time. However strong Support for Nifty fut exists around 5280 and 5225 , below which it becomes very bearish.
Technical Levels for the week :: Nifty futures is strong above 5480 with resistance around 5535, 5580 and weak below 5430 with supports around 5375 and 5340 for the week.Based on present market movement, Nifty fut would be in bullish zone above 5440 and in bearish zone below 5400 during the week . WD Gann’s natural numbers which would act as natural support and resistance are :: 5221, 5293 ,5366,5440,5514 during the week.
Strong resistance for Nifty fut is placed at 5545.
Sensitive / Trend change Timings for the day ::9.15am;12.10pm; 1.15pm;
Intraday Trend for 16.08.10: : (Midsession Better)
Intraday Trend for 16.08.10:: On the basis of planetary position, Market is expected to open steady and remain subdued from 9.15 and may recover from 11.15am; Time from 12.15pm to 1.15pm is sensitive and may dictate the course for the day.
PSU , Bank stocks are expected to be subdued while Communication may fare better.
Astro Technical Trading Strategy for the day :: After 11.30am, 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 may be closely monitored after 1.30pm with trailing and tight 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 face resistance around 5476 and 5495 and find support around 5440 and 5420 during the day.
Based on present market position, Nifty fut would be in bearish zone below 5444 and in bullish zone above 5460 for Monday.Stop loss for Nifty futures positional trade (long ) is 5400 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
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.
Astro Technical Position for the week :: Market closed flat for the week amidst volatile movements during the week and the way it has pulled up from lower levels suggests further bullishness. While Astro indications are bearish and Technical indications do not seem to be suggesting immediate bearishness unless Nifty closes below 5400.
However, astrologically medium term turbulent period has commenced with several geo cosmic events (involving slow moving planets) in the sky. Venus debilitation in Virgo; Mars aspect on Pluto ; Saturn aspect on Natal 2nd house ; and Venus Mars conjunction 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. Further, new Solar month commencing from Tues day is to be observed. Considering Astro and Technical position, nifty, if maintained above 5400 level can test upto 5550 before experiencing significant correction in the forthcoming period. However, Nifty continues to be in a very narrow range suggesting a big move either side. However, considering the present level of high index, upside may be limited and risk reward ratio for the long positions at the current level may not be favourable. 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)Technically, if Nifty fut closes below 5400., short positions can be taken and Stop loss for such short positions may be maintained at recorded high level by that time. However strong Support for Nifty fut exists around 5280 and 5225 , below which it becomes very bearish.
Technical Levels for the week :: Nifty futures is strong above 5480 with resistance around 5535, 5580 and weak below 5430 with supports around 5375 and 5340 for the week.Based on present market movement, Nifty fut would be in bullish zone above 5440 and in bearish zone below 5400 during the week . WD Gann’s natural numbers which would act as natural support and resistance are :: 5221, 5293 ,5366,5440,5514 during the week.
Strong resistance for Nifty fut is placed at 5545.
Sensitive / Trend change Timings for the day ::9.15am;12.10pm; 1.15pm;
Intraday Trend for 16.08.10: : (Midsession Better)
Intraday Trend for 16.08.10:: On the basis of planetary position, Market is expected to open steady and remain subdued from 9.15 and may recover from 11.15am; Time from 12.15pm to 1.15pm is sensitive and may dictate the course for the day.
PSU , Bank stocks are expected to be subdued while Communication may fare better.
Astro Technical Trading Strategy for the day :: After 11.30am, 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 may be closely monitored after 1.30pm with trailing and tight 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 face resistance around 5476 and 5495 and find support around 5440 and 5420 during the day.
Based on present market position, Nifty fut would be in bearish zone below 5444 and in bullish zone above 5460 for Monday.Stop loss for Nifty futures positional trade (long ) is 5400 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, August 13, 2010
Mid session Subdued and high volatility … !!!
Astro Technical Guide for Friday, 13.08.2010 ::
Astro Info:: Moon transits in Uttara ruled by Sun upto 10.45am and in Hastha ruled by Moon thereafter and persons born in Punarvasu, Visakha and Poorvabhadra constellations and in Libra and Aquarius Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day : 10.45am; 1.00pm ;
Likely Intraday Trend for 13.08. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady and become weak from 10.45 and may again recover from 1.00pm; Heavy volatility with fall between 11.00am to 1.00pm is expected. PSU stocks are expected to be subdued while volatility can be expected in Power, Cement, steel sector.
Astro Technical Trading Strategy for the day :: After 10.30am, if Nifty fut trades below Average Price by 5 points, short positions can be taken with stop loss of 10 points above Average Price and such positions may be closed by 1.00pm.
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 is expected to face resistance at 5433, 5452 and find support at 5396 and 5378 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5405 and in Bearish zone below 5390 for Fri day.
Market , after opening gap down due to global cues, recovered and closed flat for the day. Nifty did not break 5400 (on close basis) which is an important parameter, technically, for the bearishness to continue. If Nifty breaks 5400, further bearishness can be expected. Astrologically, period upto 21st August is very sensitive and indicates significant bearishness. However, if nifty Nifty does not break 5400, it can test 5525 which however appears unlikely.
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
Astro Info:: Moon transits in Uttara ruled by Sun upto 10.45am and in Hastha ruled by Moon thereafter and persons born in Punarvasu, Visakha and Poorvabhadra constellations and in Libra and Aquarius Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day : 10.45am; 1.00pm ;
Likely Intraday Trend for 13.08. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady and become weak from 10.45 and may again recover from 1.00pm; Heavy volatility with fall between 11.00am to 1.00pm is expected. PSU stocks are expected to be subdued while volatility can be expected in Power, Cement, steel sector.
Astro Technical Trading Strategy for the day :: After 10.30am, if Nifty fut trades below Average Price by 5 points, short positions can be taken with stop loss of 10 points above Average Price and such positions may be closed by 1.00pm.
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 is expected to face resistance at 5433, 5452 and find support at 5396 and 5378 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5405 and in Bearish zone below 5390 for Fri day.
Market , after opening gap down due to global cues, recovered and closed flat for the day. Nifty did not break 5400 (on close basis) which is an important parameter, technically, for the bearishness to continue. If Nifty breaks 5400, further bearishness can be expected. Astrologically, period upto 21st August is very sensitive and indicates significant bearishness. However, if nifty Nifty does not break 5400, it can test 5525 which however appears unlikely.
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, August 12, 2010
First half Subdued … !!!
Astro Technical Guide for Thursday, 12.08.2010 ::
Astro Info:: Moon transits in Pubba ruled by Venus upto 1.15pm and in Uttara thereafter and persons born in Mrigasira ,Chitta and Dhanishta constellations in the forenoon and in Virgo and Capricorn Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day : 9.45am; 1.15pm; 3.00pm;
Likely Intraday Trend for 12.08. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open subdued and may become weak after 10.00am and may recover in the afternoon to again become weak towards close of the day. (After 3.00pm).
Astro Technical Trading Strategy for the day :: After 10.00am, 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 1.00pm.
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 is expected to face resistance at 5428, 5447 and find support at 5391 and 5373 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5445 and in Bearish zone below 5430for Thurs day.
Market appears to have come out of the narrow range by breaking down and closing below 5420. If Nifty trades below 5400, it can be presumed that High level for August is in place and Nifty is set to test 5350 and 5250 also. Astrologically, period upto 21st August is very sensitive and indicates significant bearishness. However, if nifty Nifty does not break 5400, it can test 5525 which however appears unlikely.
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
Astro Info:: Moon transits in Pubba ruled by Venus upto 1.15pm and in Uttara thereafter and persons born in Mrigasira ,Chitta and Dhanishta constellations in the forenoon and in Virgo and Capricorn Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day : 9.45am; 1.15pm; 3.00pm;
Likely Intraday Trend for 12.08. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open subdued and may become weak after 10.00am and may recover in the afternoon to again become weak towards close of the day. (After 3.00pm).
Astro Technical Trading Strategy for the day :: After 10.00am, 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 1.00pm.
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 is expected to face resistance at 5428, 5447 and find support at 5391 and 5373 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5445 and in Bearish zone below 5430for Thurs day.
Market appears to have come out of the narrow range by breaking down and closing below 5420. If Nifty trades below 5400, it can be presumed that High level for August is in place and Nifty is set to test 5350 and 5250 also. Astrologically, period upto 21st August is very sensitive and indicates significant bearishness. However, if nifty Nifty does not break 5400, it can test 5525 which however appears unlikely.
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, August 11, 2010
Bearish trend to set in soon … !!!
Astro Technical Guide for Wednesday, 11.08.2010 ::
Astro Info:: Moon transits in Makha ruled by Ketu and persons born in Rohini, Hastha and Sravana constellations and in Virgo and Capricorn Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day : 10.50am; 12.30pm;
Likely Intraday Trend for 11.08. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady / subdued and may have pull back after 10.00am and again become weak in second half of the day. Astrologically, 11th and 12th are crucial for markets and most probably dampen the sentiment.
Astro Technical Trading Strategy for the day :: After 12.00pm, if Nifty fut trades below Average 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 is expected to face resistance at 5488, 5505 and find support at 5433 and 5417 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5462 and in Bearish zone below 5452for Wednes day.
Nifty, trading in a very narrow range, is unable to move up convincingly and is set to become weak below 5410 and much weaker below 5350. However, till such time it breaches 5410, there is a possibility of it achieving 5525 / 5545. Ongoing US Fed meet outcome is expected be a trigger for world markets, which in all probability might dampen the sentiment, considering planetary configuration.
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
Astro Info:: Moon transits in Makha ruled by Ketu and persons born in Rohini, Hastha and Sravana constellations and in Virgo and Capricorn Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day : 10.50am; 12.30pm;
Likely Intraday Trend for 11.08. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady / subdued and may have pull back after 10.00am and again become weak in second half of the day. Astrologically, 11th and 12th are crucial for markets and most probably dampen the sentiment.
Astro Technical Trading Strategy for the day :: After 12.00pm, if Nifty fut trades below Average 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 is expected to face resistance at 5488, 5505 and find support at 5433 and 5417 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5462 and in Bearish zone below 5452for Wednes day.
Nifty, trading in a very narrow range, is unable to move up convincingly and is set to become weak below 5410 and much weaker below 5350. However, till such time it breaches 5410, there is a possibility of it achieving 5525 / 5545. Ongoing US Fed meet outcome is expected be a trigger for world markets, which in all probability might dampen the sentiment, considering planetary configuration.
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, August 10, 2010
OPENING SESSION SUBDUED…MIDSESSION BETTER .. CLOSING VOLATILE …!!!
Astro Technical Guide for Monday, 09.08.2010 ::
Astro Info:: Moon transits in Aslesha ruled by Mercury and persons born in Krittika, Uttara and Uttarashadha constellations and in Leo and Sagittarius 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 09.08. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady and is expected to remain subdued till about 10.30am and recover after 11.00am and to remain volatile in the last hour of the trade.
Bank, Fmcg, Entertainment, are expected to be subdued.
Astro Technical Trading Strategy for the day :: After 11.00am, if Nifty fut trades above Average 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 is expected to face resistance at 5500, 5518 and find support at 5461 and 5443 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5470 and in Bearish zone below 5455for Tues day.
Nifty traded in the positive territory and made a new 52 week high . Technically, Nifty appears heading towards 5500+, if it sustains above 5420.. Next major resistance for Nift fut is 5545.
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
Astro Info:: Moon transits in Aslesha ruled by Mercury and persons born in Krittika, Uttara and Uttarashadha constellations and in Leo and Sagittarius 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 09.08. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady and is expected to remain subdued till about 10.30am and recover after 11.00am and to remain volatile in the last hour of the trade.
Bank, Fmcg, Entertainment, are expected to be subdued.
Astro Technical Trading Strategy for the day :: After 11.00am, if Nifty fut trades above Average 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 is expected to face resistance at 5500, 5518 and find support at 5461 and 5443 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5470 and in Bearish zone below 5455for Tues day.
Nifty traded in the positive territory and made a new 52 week high . Technically, Nifty appears heading towards 5500+, if it sustains above 5420.. Next major resistance for Nift fut is 5545.
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, August 8, 2010
Caution ahead of Medium term Bearishness …
Astro Technical Guide for Monday, 9th August, 2010 and general outlook for the week::
Astro Info:: Moon transits in Pushyami ruled by Saturn and Persons born in Bharani, Pubba and Poorvashadha constellations and in Leo and Sagittarius Zodiac signs are advised to be alert in their dealings.
Astro Technical Position for the week :: Market traded in positive territory amidst narrow range and gained about 1.5% and appears to be facing significant resistance at higher levels. While Astro indications are bearish and Technical indications are in the process of becoming bearish but not yet bearish. If Nifty closes below 5400, it becomes bearish.
However, astrologically medium term turbulent period has commenced with several geo cosmic events (involving slow moving planets) in the sky. Venus debilitation in Virgo; Mars aspect on Pluto ; Saturn aspect on Natal 2nd house ; and Venus Mars conjunction 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. Further, new Lunar month is commencing from Tuesday and the planetary position indicates bearishness during the lunar month. Nifty recorded a high on Gann turn date of August 5th. Considering Astro and Technical position, market may experience significant correction in the forthcoming period. 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)
Technically, if Nifty fut closes below 5400., short positions can be taken and Stop loss for such short positions may be maintained at recorded high level by that time. However strong Support for Nifty fut exists around 5280 and 5225 , below which it becomes very bearish.
Technical Levels for the week :: Nifty futures is strong above 5470 with resistance around 5525, 5560 and weak below 5430 with supports around 5375 and 5340 for the week.
Based on present market movement, Nifty fut would be in bullish zone above 5450 and in bearish zone below 5430 during the week . WD Gann’s natural numbers which would act as natural support and resistance are :: 5221, 5293 ,5366,5440,5514 during the week.
Strong resistance for Nifty fut is placed at 5545.
Sensitive / Trend change Timings for the day ::9.45am; 11.20am; 12.45pm;
Intraday Trend for 09.08.10: : (Midsession Subdued)
Intraday Trend for 09.08.10:: On the basis of planetary position, Market is expected to open steady and remain subdued from 10.00am and may recover after 12.30pm and may become steady towards close of the day.
Power, Pharma, Cement and Steel stocks could remain better.
Astro Technical Trading Strategy for the day :: After 9.45am, if Nifty fut trades below Open Price and Average Traded Price , short positions can be taken with Day high as stop loss and such positions may be closed by 12.30pm.
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 face resistance around 5468 and 5490 and find support around 5431 and 5413 during the day.
Based on present market position, Nifty fut would be in bearish zone below 5455 and in bullish zone above 5445 for Monday.
Stop loss for Nifty futures positional trade (long ) is 5400 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
Astro Info:: Moon transits in Pushyami ruled by Saturn and Persons born in Bharani, Pubba and Poorvashadha constellations and in Leo and Sagittarius Zodiac signs are advised to be alert in their dealings.
Astro Technical Position for the week :: Market traded in positive territory amidst narrow range and gained about 1.5% and appears to be facing significant resistance at higher levels. While Astro indications are bearish and Technical indications are in the process of becoming bearish but not yet bearish. If Nifty closes below 5400, it becomes bearish.
However, astrologically medium term turbulent period has commenced with several geo cosmic events (involving slow moving planets) in the sky. Venus debilitation in Virgo; Mars aspect on Pluto ; Saturn aspect on Natal 2nd house ; and Venus Mars conjunction 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. Further, new Lunar month is commencing from Tuesday and the planetary position indicates bearishness during the lunar month. Nifty recorded a high on Gann turn date of August 5th. Considering Astro and Technical position, market may experience significant correction in the forthcoming period. 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)
Technically, if Nifty fut closes below 5400., short positions can be taken and Stop loss for such short positions may be maintained at recorded high level by that time. However strong Support for Nifty fut exists around 5280 and 5225 , below which it becomes very bearish.
Technical Levels for the week :: Nifty futures is strong above 5470 with resistance around 5525, 5560 and weak below 5430 with supports around 5375 and 5340 for the week.
Based on present market movement, Nifty fut would be in bullish zone above 5450 and in bearish zone below 5430 during the week . WD Gann’s natural numbers which would act as natural support and resistance are :: 5221, 5293 ,5366,5440,5514 during the week.
Strong resistance for Nifty fut is placed at 5545.
Sensitive / Trend change Timings for the day ::9.45am; 11.20am; 12.45pm;
Intraday Trend for 09.08.10: : (Midsession Subdued)
Intraday Trend for 09.08.10:: On the basis of planetary position, Market is expected to open steady and remain subdued from 10.00am and may recover after 12.30pm and may become steady towards close of the day.
Power, Pharma, Cement and Steel stocks could remain better.
Astro Technical Trading Strategy for the day :: After 9.45am, if Nifty fut trades below Open Price and Average Traded Price , short positions can be taken with Day high as stop loss and such positions may be closed by 12.30pm.
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 face resistance around 5468 and 5490 and find support around 5431 and 5413 during the day.
Based on present market position, Nifty fut would be in bearish zone below 5455 and in bullish zone above 5445 for Monday.
Stop loss for Nifty futures positional trade (long ) is 5400 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, August 6, 2010
MID SESSION WEAK .. CLOSING BETTER …!!!
Astro Technical Guide for Friday, 06.08.2010 ::
Astro Info:: Moon transits in Mrigasira ruled by Mars and persons born in Pushyami, Anuradha and Uttarabhadra constellations and in Gemini and Libra Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day : 10.00am; 11.20am; 1.30pm;
Likely Intraday Trend for 06.08. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady and is expected to become subdued / volatile between 10.00am and about 1.00pm and recover thereafter.
Oil stocks are expected to be better.
Astro Technical Trading Strategy for the day :: After 1.00pm, if Nifty fut trades above Average 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 is expected to face resistance at 5473, 5492 and 5529 and find support at 5436 and 5418 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5475 and in Bearish zone below 5463for Friday.
Nifty traded in a narrow range and closed marginally weak for the day after making a new 52 week high. Technically, Nifty appears heading towards 5500+, if it sustains above 5400. However, astrologically, medium term is highly turbulent , hence high degree of caution is advised. Next major resistance for Nift fut is 5545.
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
Astro Info:: Moon transits in Mrigasira ruled by Mars and persons born in Pushyami, Anuradha and Uttarabhadra constellations and in Gemini and Libra Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day : 10.00am; 11.20am; 1.30pm;
Likely Intraday Trend for 06.08. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady and is expected to become subdued / volatile between 10.00am and about 1.00pm and recover thereafter.
Oil stocks are expected to be better.
Astro Technical Trading Strategy for the day :: After 1.00pm, if Nifty fut trades above Average 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 is expected to face resistance at 5473, 5492 and 5529 and find support at 5436 and 5418 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5475 and in Bearish zone below 5463for Friday.
Nifty traded in a narrow range and closed marginally weak for the day after making a new 52 week high. Technically, Nifty appears heading towards 5500+, if it sustains above 5400. However, astrologically, medium term is highly turbulent , hence high degree of caution is advised. Next major resistance for Nift fut is 5545.
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, August 5, 2010
BETTER CLOSING AMIDST VOLATILE MOVEMENTS …!!!
Astro Technical Guide for Thursday, 05.08.2010 ::
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 : 9.15am; 11.40am; 1.40pm;
Likely Intraday Trend for 05.08. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady but recover after 9.15am and expected to experience volatile movements and remain better in second half of the day and may close better for the day.
Communication / tech stocks may come under pressure.
Astro Technical Trading Strategy for the day :: After 1.00pm, if Nifty fut trades above Average 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 is expected to face resistance at 5481, 5500 and 5537 and find support at 5444 and 5426 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5455 and in Bearish zone below 5440for Thursday.
After trading in a narrow range for most part of the day, Nifty exhibited bullish trend in the last hour and closed firm for the day and appeared set to make a new yearly high in this week. Aug 5 is the Gann turning date also. Next major resistance for Nift fut is 5545.
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
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 : 9.15am; 11.40am; 1.40pm;
Likely Intraday Trend for 05.08. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady but recover after 9.15am and expected to experience volatile movements and remain better in second half of the day and may close better for the day.
Communication / tech stocks may come under pressure.
Astro Technical Trading Strategy for the day :: After 1.00pm, if Nifty fut trades above Average 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 is expected to face resistance at 5481, 5500 and 5537 and find support at 5444 and 5426 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5455 and in Bearish zone below 5440for Thursday.
After trading in a narrow range for most part of the day, Nifty exhibited bullish trend in the last hour and closed firm for the day and appeared set to make a new yearly high in this week. Aug 5 is the Gann turning date also. Next major resistance for Nift fut is 5545.
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, August 4, 2010
FIRST HALF BETTER…. SECOND HALF SUBDUED …!!!
Astro Technical Guide for Wednesday, 04.08.2010 ::
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 : 11.25am; 2.50pm;
Likely Intraday Trend for 04.08. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady and after initial hour, is expected to slowly become subdued and may become weak towards close of the day. Highest rates are expected to be recorded in the forenoon session. A big range day with high volatility can be expected.
FMCG, Power, Cement and Steel stocks may fare better.
Astro Technical Trading Strategy for the day :: After 1.00pm, if Nifty fut trades below Average 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 . Hence, extreme caution is required.
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 above5445 with resistance around 5472 and weak below 5425 with supports around 5400 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5435 and in Bearish zone below 5425for Wednesday.
Nifty traded in a very narrow range and closed flat for the day. Crucial Level for Nifty is 5370 and 5475 and is expected to break either way and set clear direction before the end of this week.
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
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 : 11.25am; 2.50pm;
Likely Intraday Trend for 04.08. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady and after initial hour, is expected to slowly become subdued and may become weak towards close of the day. Highest rates are expected to be recorded in the forenoon session. A big range day with high volatility can be expected.
FMCG, Power, Cement and Steel stocks may fare better.
Astro Technical Trading Strategy for the day :: After 1.00pm, if Nifty fut trades below Average 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 . Hence, extreme caution is required.
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 above5445 with resistance around 5472 and weak below 5425 with supports around 5400 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5435 and in Bearish zone below 5425for Wednesday.
Nifty traded in a very narrow range and closed flat for the day. Crucial Level for Nifty is 5370 and 5475 and is expected to break either way and set clear direction before the end of this week.
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, August 3, 2010
VOLATILE MOVEMENTS (inclined towards bearishness) …!!!
Astro Technical Guide for Tuesday, 03.08.2010 ::
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 : 10.30am; 1.45pm;
Likely Intraday Trend for 03.08. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open better and after initial hour is expected to remain volatile (inclined towards bearishness) .
PSU, FMCG, Entertainment stocks are generally expected to remain subdued .
Astro Technical Trading Strategy for the day :: After 1030am, 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. Intraday short positions are against the main trend . Hence, extreme caution is required.
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 above5449 with resistance around 5458 and 5477 and weak below 5431 with supports around 5424 and 5403 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5427and in Bearish zone below 5417for Tuesday.
Nifty traded in positive way and traded above 5400 throught out the day. As Nifty did not breach the crucial 5350, it did not become bearish and by crossing 5425, instead, it turned Bullish. If Nifty maintains above 5400, there is every possibility of Nifty making a new 52 week high during this week. However, there is strong resistance in the range of 5525 – 5550.
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
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 : 10.30am; 1.45pm;
Likely Intraday Trend for 03.08. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open better and after initial hour is expected to remain volatile (inclined towards bearishness) .
PSU, FMCG, Entertainment stocks are generally expected to remain subdued .
Astro Technical Trading Strategy for the day :: After 1030am, 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. Intraday short positions are against the main trend . Hence, extreme caution is required.
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 above5449 with resistance around 5458 and 5477 and weak below 5431 with supports around 5424 and 5403 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5427and in Bearish zone below 5417for Tuesday.
Nifty traded in positive way and traded above 5400 throught out the day. As Nifty did not breach the crucial 5350, it did not become bearish and by crossing 5425, instead, it turned Bullish. If Nifty maintains above 5400, there is every possibility of Nifty making a new 52 week high during this week. However, there is strong resistance in the range of 5525 – 5550.
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, August 1, 2010
Market Delicately Poised but Further Bearishness Possible … !!!
Astro Technical Guide for Monday, 2nd August, 2010 and general outlook for the week::
Astro Info:: Moon transits in Aswini ruled by Ketu and Persons born in Rohini, Hastha and Sravanam constellations and in Taurus and Gemini Zodiac signs are advised to be alert in their dealings.
Astro Technical Position for the week :: Market traded in a very narrow range and lost about 1.5% and appears to have lost its bullish momentum . While Astro (bearish) and Technical (bullish) threw up conflicting signals last week, they seem to be in sync with each other now. While FIIs continue to be buyers, quarterly results were a mixed bag . However, Global markets also appear to be out of immediate danger.
However, astrologically medium term turbulent period has commenced with several geo cosmic events (involving slow moving planets) in the sky. Mars and Saturn conjunction in Rasi and Navamsa ; Venus debilitation in Virgo; Mars aspect on Pluto ; Saturn aspect on Natal 2nd house ; Saturn Venus conjunction on August 8th and Venus Mars conjunction 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. Minor Gann turning date is on August 5th. Considering Astro and Technical position, market may experience deep correction in the forthcoming period. 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)
Technically, if Nifty fut closes below 5350., short positions can be taken and Stop loss for such short positions may be maintained at 5425 / 5475. However strong Support for Nifty fut exists around 5280 and 5225 , below which it becomes very bearish.
Technical Levels for the week :: Nifty futures is strong above 5400 with resistance around 5485, 5555 and weak below 5350 with supports around 5265 and 5200 for the week.
Based on present market movement, Nifty fut would be in bullish zone above 5420 and in bearish zone below 5400 during the week . WD Gann’s natural numbers which would act as natural support and resistance are :: 5221, 5293 ,5366,5440,5514 during the week.
Sensitive / Trend change Timings for the day ::11.45am; 1.00pm; 3.00pm.
Intraday Trend for 02.08.10: : (Second Half Subdued)
Intraday Trend for 02.08.10:: On the basis of planetary position, Market is expected to open steady and remain better in the first hour and slowly become subdued and may become weak after 1.00pm.
Power, Cement and Steel stocks may become subdued in the second half of the day.
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 Stop loss of 10 points above 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 5385 with resistance around 5410 and 5435 and bearish below 5365 with supports around 55330 and 5305 for the day.
Based on present market position, Nifty fut would be in bearish zone below 5385 and in bullish zone above 5400 for Monday.
Stop loss for Nifty futures positional trade (short) is 5425 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
Astro Info:: Moon transits in Aswini ruled by Ketu and Persons born in Rohini, Hastha and Sravanam constellations and in Taurus and Gemini Zodiac signs are advised to be alert in their dealings.
Astro Technical Position for the week :: Market traded in a very narrow range and lost about 1.5% and appears to have lost its bullish momentum . While Astro (bearish) and Technical (bullish) threw up conflicting signals last week, they seem to be in sync with each other now. While FIIs continue to be buyers, quarterly results were a mixed bag . However, Global markets also appear to be out of immediate danger.
However, astrologically medium term turbulent period has commenced with several geo cosmic events (involving slow moving planets) in the sky. Mars and Saturn conjunction in Rasi and Navamsa ; Venus debilitation in Virgo; Mars aspect on Pluto ; Saturn aspect on Natal 2nd house ; Saturn Venus conjunction on August 8th and Venus Mars conjunction 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. Minor Gann turning date is on August 5th. Considering Astro and Technical position, market may experience deep correction in the forthcoming period. 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)
Technically, if Nifty fut closes below 5350., short positions can be taken and Stop loss for such short positions may be maintained at 5425 / 5475. However strong Support for Nifty fut exists around 5280 and 5225 , below which it becomes very bearish.
Technical Levels for the week :: Nifty futures is strong above 5400 with resistance around 5485, 5555 and weak below 5350 with supports around 5265 and 5200 for the week.
Based on present market movement, Nifty fut would be in bullish zone above 5420 and in bearish zone below 5400 during the week . WD Gann’s natural numbers which would act as natural support and resistance are :: 5221, 5293 ,5366,5440,5514 during the week.
Sensitive / Trend change Timings for the day ::11.45am; 1.00pm; 3.00pm.
Intraday Trend for 02.08.10: : (Second Half Subdued)
Intraday Trend for 02.08.10:: On the basis of planetary position, Market is expected to open steady and remain better in the first hour and slowly become subdued and may become weak after 1.00pm.
Power, Cement and Steel stocks may become subdued in the second half of the day.
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 Stop loss of 10 points above 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 5385 with resistance around 5410 and 5435 and bearish below 5365 with supports around 55330 and 5305 for the day.
Based on present market position, Nifty fut would be in bearish zone below 5385 and in bullish zone above 5400 for Monday.
Stop loss for Nifty futures positional trade (short) is 5425 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
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