Crucial Day…!!!

Astro Technical Guide for Tuesday, 14.12.2010 ::

Astro Info:: Moon transits in Uttarabhadra constellation ruled by Saturn and persons born in Bharani, Pubba and Poorvashadha and in Aries and Leo Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day : 11.10am; 1.00pm; 2.05pm;

Likely Intraday Trend for 14.12.2010 ::
On the basis of planetary position and aspects amongst planets, market is expected to remain subdued from 11 to 1pm and may recover thereafter. Overall, highly volatile movements (inclined towards Bearishness) is expected on Tuesday and Wednesday.
Communication, Power, Bank stocks may remain subdued.

Astro Technical Trading Strategy for the day :: After 11.00am, if Nifty fut trades below Average Price by about 10 points , short positions can be taken with a stop loss of 10 points above Average Price and such positions may be closed 1.00pm

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 be bullish above 5942 with resistance at 5977, 6007 and weak below 5918 with supports at 5883, 5853, 5805 for the day ... Based on present market movement, Nifty . would be in Bullishzone above 5880 and in Bearish zone below 5855 for Tuesday.

Market experience sell off after 11 am and remained generally subdued till about 1.30pm and rallied smartly thereafter to close above 5900. If Nifty closes above 5950, it can rally further but if it closes below 5850, fall can accelerate and market can fall further. In view of the multiple planetary conjunctions involving Mercury, Mars, Pluto and Rahu indicating turbulent period, it is to be seen whether Market would fall further or not? However, high degree of caution is advised .

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