Highly Volaile Day (inclined towards Bearishness)…!!!

Astro Technical Guide for Tuesday, 07.12.2010 ::

Astro Info:: Moon transits in Moola constellation ruled by Ketu and persons born in Rohini, Hastha and Sravana and in Capricorn and Taurus Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day : 10.15am; 12.05pm; 12.55pm; 2.10pm;

Likely Intraday Trend for 07.12.2010 ::
On the basis of planetary position and aspects amongst planets, After opening, market is expected to be subdued / weak from 10.15am till 1.30pm and may recover towards close of the day. However, a highly volatile day is expected as Moon conjoins Mars, Mercury, Pluto and Rahu.
Power and Metal expected to be subdued while FMCG could remain better.

Astro Technical Trading Strategy for the day :: After 10.00am, if Nifty fut trades below Open level and Average Price , short positions can be taken with High Price as stop loss and such positions may be closed 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 be bullish above 6007 with resistance at 6025, 6043, 6075 and weak below 5983 with supports at 5965, 5947, 5917 for the day ... Based on present market movement, Nifty . would be in Bullishzone above 6060 and in Bearish zone below 6045 for Tuesday.

After being in the bullish zone for most part of the day, market witnessed sell off after 1.30pm and closed flat thereby erasing all the gains. Monday’s trading suggests topping out pattern and further fall is to be expected. Considering the cosmic movements in the forth coming period (upto 14 the December), significant fall can be expected in the forth coming period. Strong resistance at 6050 / 6100 and strong support at 5875, which if broken 5725 and 5550 can be expected. High degree of caution is advised and traders are advised to buy put options and investors may hedge their positions suitably.

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