Volatile Movements … !!!

Astro Technical Guide for Thursday, 25.11.2010 ::

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

Sensitive / Trend change Timings for the day : 10.35am; 12.25pm; 1.30pm; 2.15pm;

Likely Intraday Trend for 25.11.2010 ::
On the basis of planetary position and aspects amongst planets, Market is expected to remain generally subdued from 10.35am to 12.30pm and recover thereafter with sensitive time from 1.30 to 2.15 and may again become subdued towards close of the day. Scrip specific movements are most likely in view of the last day of F&O settlement.
PSU stocks are expected to be generally subdued .
Astro Technical Trading Strategy for the day :: After 10.30am, if Nifty futures trades below Open and Average Price , short positions can be taken with stop loss of about 10 points above Average Price and such positions may be closed by 12.30pm. After 2.15pm, if Nifty fut trades below Average Price, short positions can once again be taken (with suitable stop loss) to close 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 5898, 5936, 5975 and find support at 5821, 5783 and 5745 for the day ...
Based on present market movement, Nifty fut. would be in Bullishzone above 5925 and in Bearish zone below 5895 for Thursday.

After remaining in the positive for most part of the day, fell sharply after 2pm and took support nearer to Tuesday’s low and closed with a loss of more than 60 points. It is to be seen, whether 5800 holds as support on the last day of F&O expiry. However, some pullback can be expected in the First week of new F&O settlement. Strong support exists in the region of 5800 and strong resistance around 6000. Being last day of F&O expiry, scrip specific action is most likely and most stocks are weak and can fall further.

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