Volatile Movements with crucial time between 2 and 3 … !!!

Astro Technical Guide for Tuesday, 16.11.2010 ::

Astro Info:: Moon transits in Poorvabhadra constellation ruled by Jupiter and persons born in Aswini, Makha and Moola and in Pisces and Cancer Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day : 11.15am; 1.00pm; 2.00pm;

Likely Intraday Trend for 16.11.2010 ::
On the basis of planetary position and aspects amongst planets, Market is expected to be better till about 11.10am and may remain subdued / weak from 11 to 1 and again recover there after particularly from 2.05 to 2.50 and may again become weak thereafter.
PSU and Tech stocks are expected to be better.

Astro Technical Trading Strategy for the day :: After 1.00pm, if Nifty futures trades above Average Price, long positions can be taken with a stop loss of 10 points below Average Price and such positions may be closed by 2.45pm or 3pm.

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 6153, 6172, 6212 and find support at 6113, 6094 and 6075 for the day ...
Based on present market movement, Nifty fut. would be in Bullishzone above 6115 and in Bearish zone below 6095 for Tuesday.

Nifty has taken support at the crucial and recovered smartly to close near the day’s high level. Next major resistance is near 6200 and Support at 6050.

Note :: Intraday trend given above is relative and based purely on the basis of planetary positions / aspects and needs to be understood and applied depending on the realtime 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