Crucial Week….. !!!

Astro Technical Guide for Monday, 25th October, 2010 and general outlook for the week::
Astro Info:: Moon transits in Krittika ruled by Sun and Persons born in Aardra, Swathi and Sathabhisham constellations and in Sagittarius and Gemini and Libra Zodiac signs are advised to be alert in their dealings.
Astro Technical Position for the week :: Nifty closed flat for the last week amidst rather narrow weekly volatility, signifying indecisiveness of the market direction. Technically too current week is very crucial as a positive week would mean further rise while a negative with close below 6000 would dampen the sentiment and take the market downwards. Current week also marks the closure of F&O settlement and beginning of a new series which too makes the market volatile with scrip specific movements. Astrologically, planetary position suggests dual movement with certain positive and certain negative factors. Venus and Jupiter continue to be retrograde and Sun Venus conjunction on 29th October and Mercury Venus conjunction on 25th October is also to be watched carefully. Based on Astro and Technical position, end of the week is very important for further direction of the market. However, Rahu and Pluto conjunction of Mid November is positive for further FII Investments into our country which is the main positive factor for markets. Technically, current week range (high and low) are important and above the high market is bullish and vice versa.
Technical Levels for the week :: Nifty futures is strong above 6120 with resistance around 6220, 6300and weak below 6055 with supports around 5960, 5885 for the week.Based on present market movement, Nifty fut would be in bullish zone above 6100 and in bearish zone below 6055 during the week . WD Gann’s natural numbers which would act as natural support and resistance are :: 5891, 5968, 6046, 6124, 6202, 6281, during the week.
Sensitive / Trend change Timings for the day ::11.25am; 12.30pm; 1.20pm;
Intraday Trend for 25.10.10: : (Second Half Subdued !!! )Intraday Trend for 25.10.10:: On the basis of planetary position , Market is expected to remain better in the forenoon and become subdued in the afternoon. Highest rates for the day are expected to be recorded in the forenoon.
Bank stocks are expected to be better while Power, Pharma could remain volatile.
Astro Technical Trading Strategy for the day :: After 1.30pm, if Nifty fut trades below Average Price by about 5 – 10 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 6105 with resistance around 6140 , 6170 and bearish below 6078 with supports around 6040, 6010 for the day.
Based on present market position, Nifty fut would be in bullish zone above 6115 and in bearish zone below 6090 for Monday.Immediate resistance is seen at 6165 and immediate supports at 5965.
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