Caution at Higher Levels !!!

Astro Technical Guide for Monday, 13th September, 2010 and general outlook for the week::
Astro Info:: Moon transits in Visakha ruled by Jupiter upto 1.40pm and in Anuradha ruled by Saturn thereafter and Persons born in Aswini, Makha and Moola constellations and in Sagittarius and Aries Zodiac signs are advised to be alert in their dealings.
Astro Technical Position for the week :: Contrary to expectations, Nifty came out of the narrow range and moved past the previous high level of 5550 and gained about 3% during the week. Technically, market is in strong uptrend and appears set to scale new heights. Astrologically, new solar month commences from 17th September. Mercury and Pluto turn Direct, Jupiter and Uranus conjunct during the week. Positive aspects for the markets viz., Mercury trine Rahu and Jupiter and Uranus conjunctions would get separated before the beginning of next week. Astrologically, Market is expected to become turbulent from Second half of the week / from the beginning of next week. Also, current transit of Mars over Libra from September 6th to October 20th suggests declines around 22/9, 30/9, 7/10 and 18/10. Present technical set up suggests strong supports at 5540 and 5450 on the downside. Technical position of the markets suggest more optimism, which sometimes can result in reversal too, while Astro indicators suggest caution and impending trouble ahead from next week till mid October.
Investors can wait for a decline for their investments while traders can keep a close stop for their long positions which is presently 5520.
Technical Levels for the week :: Nifty futures is strong above 5660 with resistance around 5710, 5755, 5825 and weak below 5610 with supports around 5560, 5515 and 5445 for the week.Based on present market movement, Nifty fut would be in bullish zone above 5590 and in bearish zone below 5555 during the week . WD Gann’s natural numbers which would act as natural support and resistance are :: 5440,5514, 5588,5663,5739 and 5815 during the week.
Sensitive / Trend change Timings for the day ::10.15am; 1.40pm;
Intraday Trend for 13.09.10: : (10.15 to 11.15 Crucial)Intraday Trend for 13.09.10:: On the basis of planetary position and global cues , Market is expected to open better and remain better in the forenoon and may become subdued after 1.30pm. Time from 10.15am to 11.20am is sensitive (bullish bias) .
Bank and Tech stocks are expected to be better while Oil stocks may remain subdued.

Astro Technical Trading Strategy for the day :: After 9.30am if Nifty fut trades above Open Price and Average Price , long positions can be taken which Low as stop loss and such positions may be closed by 1.30pm.

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 be bullish above 5645 with resistance around 5680 and 5710 and bearish below 5625 with supports around 5590 and 5560 for the day.
Based on present market position, Nifty fut would be in bearish zone below 5615 and in bullish zone above 5625 for Monday.Stop loss for Nifty futures positional trade (long ) is 5520 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