Dual Movement !!!!…. !!!

Astro Technical Guide for Monday, 18th October, 2010 and generaloutlook for the week::
Astro Info:: Moon transits in Dhanishta ruled by Mars upto 9.45am andin Sathabhisham ruled by Rahu thereafter and Persons born in Aslesha,Jyeshta, Revathi constellations and in Pisces and Cancer Zodiacsigns are advised to be alert in their dealings.
Astro Technical Position for the week :: Market, after making a new52week high, closed in the negative zone amidst considerablevolatility due to profit booking / selling pressure on Thursday andFriday. Current Technical set up suggests weakness but close to verystrong supports between 6100 and 6000. Astrologically, weakness wasanyway expected upto 20th October. Current week begins with new SolarMonth with Sun entering sidereal Libra (its sign of debilitation)conjoining Mercury and Retro Venus suggests dual movement. Mars movesto own sign Scorpio on 20th. Based on Mars transit over Libra,weakness is to be expected around 17 / 18th October which has alreadyshows its results during last weekend. Jupiter and Venus planetssignifying money, banking, wealth and Currencies continue to beretrograde . Combining Astro and Technicals, market may fall in theinitial part of the week and recover towards later half of the week.Technically, strong support exists in the region of 6000 and weeklyclose below 6000 suggests weakness for medium term.
Technical Levels for the Month and the week :: For the current week,Nifty fut is strong above 6115 with resistance around 6212, 6292 andweak below 6055 with supports around 5957, 5878 for the week..Based on present market movement, Nifty fut would be in bullish zoneabove 6220 and in bearish zone below 6170 during the week . WD Gann’snatural numbers which would act as natural support and resistance are:: 5891, 5968, 6046, 6124, 6202, 6281,6361 during the week.Sensitive / Trend change Timings for the day :: 9.45am; 11.30am and 2.55pm;
Intraday Trend for 18.10.10: : (Opening Subdued and Closing Better !!! )
Intraday Trend for 18.10.10:: On the basis of planetary position ,Market is expected to recover from 9.45 am after some volatilemovements around 11.30am is expected to recover towards close of theday.Cement, steel stocks may remain subdued while Tech stocks could be better.Astro Technical Trading Strategy for the day :: After 1.30pm, ifNifty fut trades above Average Price by about 10 points, longpositions can be taken with stop loss of about 10 points below AveragePrice and such positions may be closed by end of the day.Open level is important below which only short positions may be takenand vice versa. Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above6100 with resistance around 6120 , 6140 and 6170 and bearish below6075 with supports around 6055, 6035 and 6005 for the day.Based on present market position, Nifty fut would be in bullish zoneabove 6165 and in bearish zone below 6135 for Monday.Stop loss for Nifty futures positional trade (long) is 6000 on closebasis for Medium term and stop loss for Nifty futures short is 6225(on close basis) for short term positions..IF resistance levels are achieved in the forenoon session, buying maybe avoided at higher levels and risky traders can consider shortpositon for a pull back to Bullish trigger level. IF Support levelsare achieved in the forenoon session, selling may be avoided at lowerlevels and risky traders can consider buying for a pull back uptoBearish trigger level / other support levels.
Note ::Intraday trend given above is relative and based purely on thebasis of planetary positions and aspects and needs to be understoodand applied depending on the market movement. Technical portion andastrological portion given above should be considered together andapplied for taking proper trading decisions.
Disclaimer :: Intraday trading is risky and Astro guidance is to beused as an additional tool in addition to technicals and adapteddepending on intraday movements. Creator only knows what is going tohappen and astrologer can only indicate what is likely to happen .Whether Stock market is suitable or not is determined based onIndividual natal chart and that would be helpful to determine one’sfavourable / unfavourable period .Trade only with stop loss..Happy Investing and Trading..
Dr B Amaranatha Sastry