Saturday, January 29, 2011

Possible Recovery in Second Half of the Week …… !!!

Astro Technical Guide for Monday, 31st January, 2011 and general outlook for the week::

Astro Info:: Moon transits in Poorvashadha ruled by Venus and persons born in Mrigasira, Chitta and Dhanishta constellations and persons born in Capricorn and Taurus Zodiac signs are advised to be alert in their dealings.
Astro Technical Position for the week :: Nifty fell more than 3.5% during the week and closed below the psyschological 200DMA level signalling caution and possible further down trend. IF the fall continues from the present level, it would be prudent to wait and watch the market movements and get into the market only when stability returns to the market. Fundamentally too, Rising Inflation , rising interest rates, rising commodity prices including most important Crude oil all signal towards contracting corporate profitability. Market usually discounts future and most of it is already factored into the prices which have corrected significantly from their peak levels in a very short span. Despite the above, our GDP is expected to grow about 8 – 9% and if the stocks correct further it might present a value investing opportunity for long term investors, who can start accumulating slowly. However, astrologically, Low Index for year was expected to be recorded in the first quarter of the Year. Feb 4 , 17 and 21 are the most sensitive / important turn dates during the month. New Lunar Month “Magha” commences on 3rd February which does not appear to augur well for the initial part of the month. Considering all the above, Nifty appears to be at cross roads with divergence between Fundamental and Technical factors . Any further fall provides good opportunity for long term investors, fundamentally, and Technically, Nifty below 5500 is to be avoided till Nifty comes above 5600. Nifty is already in bear grip and would come out of the bear grip if it closes above 5700 in the initial part of the week and above 5625 in second half of the week.
Technical Levels for the week :: Nifty futures is strong above 5565 with resistance around 5655,5730 and 5785 and weak below 5510 with supports around 5425, 5350, 5235 for the week. Based on present market movement, Nifty fut would be in bullish zone above 5670 and in bearish zone below 5610 during the week . Nifty is expected to trade between 5615 / 5690 on the higher side and between 5405 / 5355 on the lower side for the week. WD Gann’s natural numbers which would act as natural support and resistance are :: 5221, 5293, 5366, 5440,5514, 5588, 5663,5739, 5815, 5891,5968, during the week.Sensitive / Trend change Timings for the day :: 9.40am; 11.15am; 1.00pm;

Intraday Trend for 31.01.11 ( Second half better …!!! )On the basis of planetary position , Market is expected to remain subdued till about 11.15am and slowly recover thereafter and particularly after 1.00pm and may become subdued after 3 pm.

Astro Technical Trading Strategy for the day :: After 1.30pm, if Nifty fut trades above Average Traded Price, long posiions can be taken with suitable stop loss (risk reward ratio of 1:2) and such positions may be closed by end of the day.Open level is important below which only short positions may be taken and vice versa. Stop loss is a must for intraday trading.

Technical Levels for the day:: Nifty Futures would be bullish above 5550 with resistance around 5585, 5615 and weak below 5525 with supports around 5495, 5470 and 5425 for the day. Based on present market position, Nifty fut would be in bullish zone above 5565 and in bearish zone below 5535 for Monday. Nifty fut is expected to trade between 5575/ 5615 on higher side and 5500/ 5465 on Lower side.
IF resistance levels are achieved in the forenoon session, buying may be avoided at higher levels and risky traders can consider short positon for a pull back to Bullish trigger level. IF Support levels are achieved in the forenoon session, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto Bearish trigger level / other support levels.

Note ::Intraday trend given above is relative and based purely on the basis of planetary positions and aspects and needs to be understood and applied depending on the 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. Creator only knows what is going to happen and astrologer can only indicate what is likely to happen . Whether Stock market is suitable or not is determined based on Individual natal chart and that would be helpful to determine one’s favourable / unfavourable period .

Trade only with stop loss..

Prosperous Investing and Trading..

Dr B Amaranatha Sastry

Thursday, January 27, 2011

Midsession Better ….. !!!

Astro Technical Guide for Friday, 28.01.2011 ::

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

Sensitive / Trend change Timings for the day : 10.00am; 1.40pm; 3.10pm;

Likely Intraday Trend for 28.01.2011 ::
On the basis of planetary position and aspects amongst planets, After initial hesitant movements till about 10.00am, Market is expected to generally recover till about 3.00pm and may become subdued thereafter.
Bank stocks are generally expected to remain better.

Astro Technical Trading Strategy for the day :: After 10.00am, if Nifty fut trades above Open Price and Average Traded Price, long positions can be taken with Low level as stop loss and such positions may be closed by 3.00pm .

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 is expected to be bullish above 5615 with resistance at 5645, 5675 and weak below 5590 with supports at 5555, 5525 for the day ... Based on present market movement, Nifty would be in Bullishzone above 5670 and in Bearish zone below 5645 for Friday. Nifty fut. is expected to trade between 5640/ 5685 on the higher side and 5565 / 5530 on the Lower side.

Market experienced selling pressure through out the day and made a new low in the last 4 months and closed near 5600 crucial level. Last day of F&O expiry also appeared to have contributed to the significant fall besides FII selling. New F&O series commences from Friday and Nifty would become strong only when it closes above 5750, which it has not been able to do since 14th January. However, very strong support zone exists for Nifty between 5500 and 5600.

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

Wednesday, January 26, 2011

Midsession Subdued …. !!!

Astro Technical Guide for Thursday, 27.01.2011 ::
Astro Info:: Moon transits in Visakha ruled by Jupiter and persons born in Aswini, M?akha and Moola and in Scorpio and Pisces Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day : 9.45am; 12.55pm; 1.50pm;
Likely Intraday Trend for 27.01.2011 ::
On the basis of planetary position and aspects amongst planets, Market is generally expected to be better in the Opening hour and remain volatile thereafter inclined towards subduedness particularly after 1.45pm.
Communication / Tech stocks are expected to be better while Bank stocks could remain subdued.

Astro Technical Trading Strategy for the day ::After 1.15pm, if Nifty fut trades below Average Traded Price, short positions can be taken with suitable stop loss (atleast 10 points above Average Traded Price) 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 5695 with resistance at 5715, 5730 and 5760 and weak below 5670 with supports at 5655, 5640 and 5610 for the day ... Based on present market movement, Nifty fut . would be in Bullishzone above 5750 and in Bearish zone below 5720 for Thursday. Nifty fut. is expected to trade between 5725/ 5760 on the higher side and 5645 / 5620 on the Lower side.

Market remained better till the announcement of Credit policy on Tuesday and fell sharply by end of the day to close below 5700. Further fall is to be expected only if Nifty goes below the recent low of 5625. On the other hand , if it closes above 5750, it can go up further. Thursday, being last day of F&O expiry, scrip specific movement is to be expected and considering present state of the market, further down move can not be ruled out.

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

Monday, January 24, 2011

First Half Better / Closing Hour Crucial ....!!!

Astro Technical Guide for Tuesday, 25.01.2011 ::

Astro Info:: Moon transits in Hastha till 10.18am and in Chitta ruled by Mars thereafter and persons born in Pushyami, Anuadha and Uttarabhadra and in Libra and Aquarius Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day : 10.10am; 1.20pm; 2.55pm;

Likely Intraday Trend for 25.01.2011 ::
On the basis of planetary position and aspects amongst planets, After initial hesitant movements till about 10.00am, Market is expected to recover thereafter till about 1.15pm and may become subdued thereafter. Closing session of last 30 minutes is crucial for the market movement. Fmcg / Entertainment stocks may fare better.

Astro Technical Trading Strategy for the day ::After 10.15am, if Nifty fut trades above Open Price and Average Traded Price, long positions can be taken with Low level as stop loss and such positions may be closed by 1.15m .

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 5755 with resistance at 5770, 5788 and 5815 and weak below 5730 with supports at 5713, 5695 and 5665 for the day ... Based on present market movement, Nifty fut . would be in Bullishzone above 5740 and in Bearish zone below 5720 for Tuesday. Nifty fut. is expected to trade between 5780/ 5815 on the higher side and 5700 / 5680 on the Lower side.

Market generally remained better and closed just below 5750 and appears all set to come out of sideways movements and recover if the RBI’s credit policy does not disappoint the market.

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

Sunday, January 23, 2011

Eventful Week Ahead…… !!!

Astro Technical Guide for Monday, 24th January, 2011 and general outlook for the week::
Astro Info:: Moon transits in Uttara ruled by Sun upto 12.00pm and in Hastha ruled by Moon thereafter and persons born in Aardra, Punarvasu, Swathi, Visakha , Sathabhisham and Poorvabhadra constellations and persons born in Libra and Aquarius Zodiac signs are advised to be alert in their dealings.
Astro Technical Position for the week :: As mentioned last week, Nifty held on to key support levels and traded in a very narrow range throughout the week between 5625 and 5750 and closed with a marginal gain of less than 1%. Current week witnesses eventful events on technical and cosmic front such as RBI Credit Policy, F&O expiry and beginning of Fresh series, Quarterly Results season, Saturn Retrograde Movements. However, Wednesday being holiday on account of Republic Day might affect the volumes and flow of the market movement. Astrologically, Sun Venus semisquare, a bearish factor, continues to haunt the market. Saturn would be in retrograde position from 26th Jan2011 to 13th June 2011, during which period volatile movements inclined towards bullishness in general can be expected. Technically, market appears to be in a consolidation mode and barring unexpected surprises in RBI’s credit policy, Market might recover and Nifty close above 5750 would signal arrest of down move. However, macro fundamentals such as High Inflation, Price rise of Crude and other commodities would affect the corporate profitability. Keeping all the above Fundamental, Technical and Astro factors, market is at cross roads and any further fall below 5500 might trigger long term down trend and if Nifty sustains above 5750, further upside is possible and close above 6350 only would trigger real long term upside.

Technical Levels for the week :: Nifty futures is strong above 5730 with resistance around 5820,5895 and weak below 5670 with supports around 5625, 5580, 5510 for the week. Based on present market movement, Nifty fut would be in bullish zone above 5715 and in bearish zone below 5680 during the week . Nifty is expected to trade between 5775 / 5850 on the higher side and between 5625 / 5550 on the lower side for the week. WD Gann’s natural numbers which would act as natural support and resistance are :: 5440,5514, 5588, 5663,5739, 5815, 5891,5968, during the week.
Sensitive / Trend change Timings for the day :: 10.10am; 12.05pm; 2.05pm;
Intraday Trend for 24.01.11 ( 2pm to 3pm crucial …!!! )On the basis of planetary position , Market is expected to remain better in the opening session and may become subdued from 12 to 1.30 and may again recover thereafter.
PSU and Power stocks are expected to be better.
Astro Technical Trading Strategy for the day :: After 1.30pm, if Nifty fut trades above Average Traded Price, long posiions can be taken with suitable stop loss (risk reward ratio of 1:2) and such positions may be closed by end of the day.
Open level is important below which only short positions may be taken and vice versa. Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above 5712 with resistance around 5745, 5775 and weak below 5690 with supports around 5655, 5625 for the day. Based on present market position, Nifty fut would be in bullish zone above 5700 and in bearish zone below 5685 for Monday. Nifty fut is expected to trade between 5735/ 5760 on higher side and 5660/ 5640 on Lower side.Nifty would come out of bear grip when it closes above 5750.

IF resistance levels are achieved in the forenoon session, buying may be avoided at higher levels and risky traders can consider short positon for a pull back to Bullish trigger level. IF Support levels are achieved in the forenoon session, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto Bearish trigger level / other support levels.
Note ::Intraday trend given above is relative and based purely on the basis of planetary positions and aspects and needs to be understood and applied depending on the 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. Creator only knows what is going to happen and astrologer can only indicate what is likely to happen . Whether Stock market is suitable or not is determined based on Individual natal chart and that would be helpful to determine one’s favourable / unfavourable period .
Trade only with stop loss..
Happy Investing and Trading..
Dr B Amaranatha Sastry

Thursday, January 20, 2011

Mid Session Subdued ….. !!!

Astro Technical Guide for Friday, 21.01.2011 ::

Astro Info:: Moon transits in Aslesha ruled by Mercury and persons born in Krittika, Uttara and Uttarashadha and in Leo and Sagittarius Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day : 10.20am; 11.10am; 1.35pm;

Likely Intraday Trend for 21.01.2011 ::
On the basis of planetary position and aspects amongst planets, Market is expected to generally remain better till about 10.20am and slowly become subdued / volatile (bearish bias) and more volatile movements (either side) after 1.30pm.,
Communication stocks may remain subdued.

Astro Technical Trading Strategy for the day ::After 10.30am, if Nifty fut trades below Open Price and Average Traded Price, short positions can be taken with Low level as stop loss and such positions may be closed by 1.30pm or be maintained with strict trailing stop loss.

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 5725 with resistance at 5745, 5761 and 5790 and weak below 5700 with supports at 5685, 5670 and 5640 for the day ... Based on present market movement, Nifty fut . would be in Bullishzone above 5700 and in Bearish zone below 5675 for Friday. Nifty fut. is expected to trade between 5755/ 5790 on the higher side and 5675 / 5640 on the Lower side.

Market after remaining subdued / weak till about 1.30pm, went up sharply to close above 5700 . While strong support exists around 5600, Nifty needs to close above 5750 to avert further fall / bearishness.

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

Mid Session Better ….. !!!

Astro Technical Guide for Thursday, 20.01.2011 ::

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

Sensitive / Trend change Timings for the day : 10.25am; 11.20am; 1.40pm;

Likely Intraday Trend for 20.01.2011 ::
On the basis of planetary position and aspects amongst planets, Market is expected to generally recover / remain better from 10.35am; and may remain volatile with bullish bias after 1.30pm;
Cement and Metal stocks are expected to be generally better.

Astro Technical Trading Strategy for the day ::After 10.30am, if Nifty fut trades above Open Price and Average Traded Price, long positions can be taken with Low level as stop loss and such positions may be closed by 1.30pm or be maintained with strict trailing stop loss.

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 5710 with resistance at 5740, 5770 and weak below 5685 with supports at 5665, 5650 and 5620 for the day ... Based on present market movement, Nifty fut . would be in Bullishzone above 5717 and in Bearish zone below 5695 for Thursday. Nifty fut. is expected to trade between 5735/ 5770 on the higher side and 5655 / 5620 on the Lower side.

Market after remain steady in the forenoon session fell sharply after 1 pm and closed below 5700 mark. While strong support exists around 5600, Nifty needs to close above 5750 to avert further fall / bearishness.

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

Tuesday, January 18, 2011

10 to 11 Sensitive (Bullish Bias) ….. !!!

Astro Technical Guide for Wednesday, 19.01.2011 ::

Astro Info:: Moon transits in Punarvasu 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 : 9.55am; 10.45am; 12.15pm; 1.45pm;

Likely Intraday Trend for 19.01.2011 ::
On the basis of planetary position and aspects amongst planets, Market is generally expected to remain better in the opening session upto 10.45am and may slowly become subdued / remain volatile thereafter. (9.55 to 10.45 is sensitive with bullish bias)
Communication stocks are expected to be volatile.

Astro Technical Trading Strategy for the day ::After 9.30amam, if Nifty fut trades above Open Price and Average Traded Price, long positions can be taken with Low level as stop loss and such positions may be closed by 10.45am.

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 5742 with resistance at 5758, 5775 and 5805 and weak below 5718 with supports at 5701, 5684 and 5655 for the day ... Based on present market movement, Nifty fut . would be in Bullishzone above 5720 and in Bearish zone below 5700 for Wednesday. Nifty fut. is expected to trade between 5768/ 5805 on the higher side and 5692 / 5655 on the Lower side.

Market opened and remained generally better throughout the day and closed near the high level for the day . Nifty appears to have found support close to 5600 and if it closes above 5800, it can go up further also.

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

Monday, January 17, 2011

Opening Session Better ….Closing Subdued ….. !!!

Astro Technical Guide for Tuesday, 18.01.2011 ::

Astro Info:: Moon transits in Aardra ruled by Rahu and persons born in Aslesha, Jyeshta and Revathi and in Cancer and Scorpio Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day : 10.00am; 1.40pm;

Likely Intraday Trend for 18.01.2011 ::
On the basis of planetary position and aspects amongst planets, Market is generally expected to remain better in the opening session / First half and become subdued thereafter particularly after 1.45pm.
Communication stocks are expected to be volatile.

Astro Technical Trading Strategy for the day ::After 1.30pm, if Nifty fut trades below Average Traded Price, short positions can be taken with suitable stop loss above Average Traded Price 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 5670 with resistance at 5700, 5730 and weak below 5645 with supports at 5625, 5590 for the day ... Based on present market movement, Nifty fut . would be in Bullishzone above 5677 and in Bearish zone below 5657 for Tuesday. Nifty is expected to trade between 5695/ 5735 on the higher side and 5615 / 5585 on the Lower side.

Market was quiet on Monday and closed flat for the day with out any violent intraday fluctuations. Nifty is close to key support levels and is expected to get strong support around 5600 levels and would become strong on a close above 5800.

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

Sunday, January 16, 2011

Close to Key Support Levels…… !!!

Astro Technical Guide for Monday, 17th January, 2011 and general outlook for the week::
Astro Info:: Moon transits in Mrigasira ruled by Mars and Persons born in Pushyami, Anuradha and Uttarabhadra constellations and persons born in Gemini and Libra Zodiac signs are advised to be alert in their dealings.

Astro Technical Position for the week :: Downtrend continued last week too and Nifty fell more than 4% i.e., 250 points (of which about 200 points falling in the second half of Friday alone). Market has fallen due to inflation fears, rate hike fear and lack of FII interest in the market. Sun Venus semisquare continues to dampen market sentiment while Sun Jupiter sextile may boost the sentiment in the midweek. New Solar month which commenced on 14th January in Cancer lagna augurs well for the market this month. Market too being in technically oversold sate, can be expected to have a pull back as it is also close to key support levels. Considering, Astro , Technical factors, there appears to be more upside in the immediate term than downside. Key support levels for Nifty is around 5600. Technically, Nifyt close above 5850 in the first half of the week and close above 5800 in the second half of the week would signal reversal and uptrend might continue. However, strong resistance in the region of 5950 is to be crossed for the continuation of uptrend.
Technical Levels for the week :: Nifty futures is strong above 5690 with resistance around 5750,5855, 5970 and weak below 5630 with supports around 5540, 5465, 5350 for the week.Based on present market movement, Nifty fut would be in bullish zone above 5800 and in bearish zone below 5750 during the week . Nifty is expected to trade between 5735/ 5890 on the higher side and between 5585 / 5435 on the lower side for the week. WD Gann’s natural numbers which would act as natural support and resistance are ::5440,5514, 5588, 5663,5739, 5815, 5891,5968, during the week.
Sensitive / Trend change Timings for the day :: 10.35am; 12.30pm; 2.20pm;

Intraday Trend for 17.01.11 (Midsession Better..Closing Subdued / Weak …!!! )
On the basis of planetary position , Market is expected to open subdued and recover after 10.30 and again may become subdued / weak after 2.20pm;
Astro Technical Trading Strategy for the day :: After 10.30am, if Nifty fut trades above Open level and Average Traded Price, long posiions can be taken with suitable stop loss and such positions may be closed before 1.30pm.,After 2.00pm, if Nifty fut trades below Average Traded Price, short positions can be taken with suitable stop loss, and such positons may be closed by end of the day., (Intraday long positions are against the main trend and to be handled with utmost care).
Open level is important below which only short positions may be taken and vice versa. Stop loss is a must for intraday trading.

Technical Levels for the day:: Nifty Futures would be bullish above 5671 with resistance around 5705, 5735 and weak below 5645 with supports around 5615, 5585 for the day.Based on present market position, Nifty fut would be in bullish zone above 6000 and in bearish zone below 5960 for Monday. Nifty fut is expected to trade between 5697/ 5735 on higher side and 5622/ 5585 on Lower side.
Strong support in the region of 5550 / 5600 and strong resistance around 5850/ 5950 is seen for Nifty this week.
IF resistance levels are achieved in the forenoon session, buying may be avoided at higher levels and risky traders can consider short positon for a pull back to Bullish trigger level. IF Support levels are achieved in the forenoon session, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto Bearish trigger level / other support levels.
Note ::Intraday trend given above is relative and based purely on the basis of planetary positions and aspects and needs to be understood and applied depending on the 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. Creator only knows what is going to happen and astrologer can only indicate what is likely to happen . Whether Stock market is suitable or not is determined based on Individual natal chart and that would be helpful to determine one’s favourable / unfavourable period .
Trade only with stop loss..
Happy Investing and Trading..
Dr B Amaranatha Sastry

Friday, January 14, 2011

Volatile Movements …. ….. !!!

Astro Technical Guide for Friday, 14.01.2011 ::

Astro Info:: Moon transits in Bharani ruled by Venus and persons born in Mrigasira, Chitta and Dhanishta and in Taurus and Virgo Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day : 10.50am; 1.10pm; 2.10pm;

Likely Intraday Trend for 14.01.2011 ::
On the basis of planetary position and aspects amongst planets, Market is generally expected to remain steady / subdued in the opening session and may recover after 12.30pm (sensitive time inclined towards bullishness being 1.10 to 2.00pm) and may exhibit volatile movements.
Bank, Technology, Cement, Steel, Communication stocks are expected to be volatile (mostly inclined towards bearishness).

Astro Technical Trading Strategy for the day ::After 11.00am, if Nifty fut trades below Average Traded Price, short positions can be taken with suitable stop loss above Average Traded Price and such positions may be closed by 12.30pm or be continued with strict trailing stop loss depending on realtime movemetns.

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 5770 with resistance at 5790, 5805 and 5835 and weak below 5745 with supports at 5715, 5685 for the day ... Based on present market movement, Nifty fut . would be in Bullishzone above 5815 and in Bearish zone below 5785 for Friday. Nifty is expected to trade between 5800/ 5835 on the higher side and 5725 / 5685 on the Lower side.

Nifty opened lower on account of not so encouraging Infosys results and Bank stocks too fell after Two days of holiday. However, only silver lining is that Nifty has been making higher lows for the last Two days and 5700 level holds key now for the market, below which fall can accelerate. Similarly, unless Nifty closes above 5900, further worsening situation can not be ruled out. Friday being last day of the week, high volatile movements , inclined towards bearishness , can not be ruled out.

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

Thursday, January 13, 2011

Mid Session Better …. ….. !!!

Astro Technical Guide for Thursday, 13.01.2011 ::

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

Sensitive / Trend change Timings for the day : 10.30am; 12.25pm; 2.10pm;

Likely Intraday Trend for 13.01.2011 ::
On the basis of planetary position and aspects amongst planets, Market is generally expected to remain steady in the opening session and to go up from 12.15 to 2.00pm and may become seady / subdued thereafter. (Sensitive Time during the day 12.25 to 1.10pm)
Tech stocks are expected to be better

Astro Technical Trading Strategy for the day ::After 12.00pm, if Nifty fut trades above Average Traded Price, long positions can be taken with suitable stop loss below Average Traded Price and such positions may be closed by 2.15pm.,

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 5875 with resistance at 5905and 5930 and weak below 5850 with supports at 5830, 5813, 5783 for the day ... Based on present market movement, Nifty fut . would be in Bullishzone above 5815 and in Bearish zone below 5785 for Thursday. Nifty is expected to trade between 5900/ 5925 on higher side and 5820 / 5790 on Lower side.

Nifty fell in the first half due to poor IIP numbers but recovered forcefully to close above 5860. Strong Resistance for Nifty exists at 5950 and strong support at 5700 . Market appears to have bottomed out for the short term , but Results season which would commence from Wednesday would decide the future course of Market.

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

Tuesday, January 11, 2011

Mid Session Subdued …. ….. !!!

Astro Technical Guide for Wednesday, 12.01.2011 ::

Astro Info:: Moon transits in Revathi ruled by Mercury and persons born in Krittika, UTtara and Uttarashadha and in Aries and Leo Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day : 11.45am 12.30pm; 2.35pm;

Likely Intraday Trend for 12.01.2011 ::
On the basis of planetary position and aspects amongst planets, Market is generally expected to remain better in the opening session upto 11am and remain steady thereafter (with sensitive time from 11.45 to 12.30) and remain weak from 12.30 to 2.15 and may recover thereafter.
PSU and FMCG stocks are expected to be subdued.

Astro Technical Trading Strategy for the day ::After 11.30am, if Nifty fut trades below Average Traded Price, short positions can be taken with suitable stop loss above Average Traded Price and such positions may be closed by 2.00pm.,

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 5817 with resistance at 5834, 5851, 5880 and weak below 5793 with supports at 5776, 5758, 5730 for the day ... Based on present market movement, Nifty fut . would be in Bullishzone above 5785 and in Bearish zone below 5755 for Wednesday. Nifty is expected to trade between 5845/ 5880 on higher side and 5765 / 5730 on Lower side.

Nifty experienced highly volatile movements in the last hour . The way market pulled back from low levels in the last 30 minutes suggests bottoming out for the short term. If Nifty closes above 5850, further recovery can be expected to face strong resistance in the region of 5950.

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

Second Half Better ….. !!!

Astro Technical Guide for Tuesday, 11.01.2011 ::

Astro Info:: Moon transits in Uttarabhadra 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 : 9.25am; 11.445am; 12.40pm;

Likely Intraday Trend for 11.01.2011 ::
On the basis of planetary position and aspects amongst planets, Market is generally expected to remain subdued after opening but recover in the second half of the day.

Astro Technical Trading Strategy for the day ::After 1.00pm, if Nifty fut trades above Average Traded Price, long positions can be taken with a stop loss of 10 points below Average Traded Price and such positions may be closed by end of the day. (Intraday long positions are against the general short term trend, hence extreme caution is advised)

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 5769 with resistance at 5785, 5803, 5832 and weak below 5745 with supports at 5728, 5711, 5680 for the day ... Based on present market movement, Nifty fut . would be in Bullishzone above 5845 and in Bearish zone below 5815 for Tuesday. Nifty is expected to trade between 5795/ 5815 on higher side and 5720 / 5700 on Lower side.

Nifty fell sharply for the 5th consecutive day and is near very crucial support level. Strong support exists at 5700 and 5600 levels and resistance at 5975. It is better to wait for buying till stability returns to the market. Market is expected to bottom out, technically, once Nifty closes above 5820.

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

Sunday, January 9, 2011

Pullback in First Half of the Week … !!!

Astro Technical Guide for Monday, 10th January, 2011 and general outlook for the week::
Astro Info:: Moon transits in Poorvabhadra ruled by Jupiter and Persons born in Aswini, Makha and Moola constellations and persons born in Aries and Leo Zodiac signs are advised to be alert in their dealings.

Astro Technical Position for the week :: First week of new year witnessed significant correction in the market as Nifty fell nearly close to 4% during the week to close near 5900 level breaching psychological level of 6000 also. Astrologically, Friday’s Sun Saturn square appeared to have played havoc with the markets. Fundamentally, inflation fears and fear of interest rate hike affected Bank stocks and Interest sensitive sectors which dragged the markets down. Technically, Nifty having run up from 5800 to 6200 levels could not clear the important resistance areas of 6200 levels and gave up the fight to make new highs. However, presently, market appears to have come to an over sold area and is expected to have a reasonable pull back atleast in the first half of the week. Astrologically, planetary position throws up mixed signals with certain positive factors such as Mercury Rahu conjunction , Mars Jupiter sextile and negative factors such Sun Venus semi square . Q3 Results season begins this week and considering strong Advance Tax numbers, results may not disappoint the market but market has a law of its own and market discounts future and not dependant on the past. Technically, Nifty would find strong resistance in the region of 6050 during the week.
Technical Levels for the week :: Nifty futures is strong above 5935 with resistance around 6029, 6106 and weak below 5875 with supports around 5780, 5705 for the week.Based on present market movement, Nifty fut would be in bullish zone above 6080 and in bearish zone below 6010 during the week . Nifty is expected to trade between 5980/ 6060 on the higher side and between 5825 / 5750 on the lower side for the week. WD Gann’s natural numbers which would act as natural support and resistance are :: 5739, 5815, 5891,5968, 6046, 6124, 6202 during the week.
Sensitive / Trend change Timings for the day :: 9.30am; 11.50am; 1.50pm;

Intraday Trend for 10.01.11 (First Half Better …!!! )
On the basis of planetary position , Market is expected to recover significantly after opening and may display sideways trend in second half of the day.,
Bank, Tech , Power stocks are expected to be better while Communicaion stocks could remain subdued.
Astro Technical Trading Strategy for the day :: After 9.30am, if Nifty fut trades higher than the high level recorded upto 9.30am, long positions can be taken with Low level as stop loss and such positions may be closed by 12.00pm or be continued wih strict trailing stop loss. (Intraday long positions are against the short term trend and hence high degree of caution is advised. )
Open level is important below which only short positions may be taken and vice versa. Stop loss is a must for intraday trading.

Technical Levels for the day:: Nifty Futures would be bullish above 5917 with resistance around 5935, 5952 and 5981 and weak below 5891 with supports around 5875, 5857 and 5828 for the day.Based on present market position, Nifty fut would be in bullish zone above 6000 and in bearish zone below 5960 for Monday. Nifty fut is expected to trade between 5943/ 5962 on higher side and 5866/ 5847 on Lower side.
Strong resistance in the region of 6050 / 6100 and strong support around 5830/ 5750 is seen for Nifty this week.
IF resistance levels are achieved in the forenoon session, buying may be avoided at higher levels and risky traders can consider short positon for a pull back to Bullish trigger level. IF Support levels are achieved in the forenoon session, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto Bearish trigger level / other support levels.
Note ::Intraday trend given above is relative and based purely on the basis of planetary positions and aspects and needs to be understood and applied depending on the 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. Creator only knows what is going to happen and astrologer can only indicate what is likely to happen . Whether Stock market is suitable or not is determined based on Individual natal chart and that would be helpful to determine one’s favourable / unfavourable period .
Trade only with stop loss..
Happy Investing and Trading..
Dr B Amaranatha Sastry

Thursday, January 6, 2011

Mid Session Better…. Closing Subdued ….. !!!

Astro Technical Guide for Friday, 07.01.2011 ::

Astro Info:: Moon transits in Dhanishta ruled by Mars and persons born in Pushyami, Anuradha and Uttarabhadra and in Aquarius and Gemini Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day : 10.00am; 12.50pm; 2.00pm;

Likely Intraday Trend for 07.01.2011 ::
On the basis of planetary position and aspects amongst planets, Market is generally expected to remain subdued immediately after opening but recover from 10 am and remain generally better to again become subdued in the last hour.
Communication / Tech stocks may remain better while PSU stocks could remain subdued.

Astro Technical Trading Strategy for the day :: After 10.00am, if Nifty fut trades above Open level and Average Traded Price, long positions can be taken with Low level as stop loss and such positions may be closed by 2.00pm., (with proper trailing stop loss).. (Intraday long positions is against short term trend , hence high degree of caution advised). After 2.30pm, if Nifty fut trades below Average Traded Price, short positions can be taken with a stop loss of 10 points above Average Traded Price 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 6082 with resistance at 6100, 6120, 6148 and weak below 6058 with supports at 6040, 6021, 5990 for the day ... Based on present market movement, Nifty fut . would be in Bullishzone above 6095 and in Bearish zone below 6080 for Friday. Nifty is expected to trade between 6110/ 6130 on higher side and 6030 / 6010 on Lower side.

Nifty continued its downward journey and is expected to get major support round 6000 and is expected to face major resistance at 6150.

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

Wednesday, January 5, 2011

Volatile Movements ….. !!!

Astro Technical Guide for Thursday, 06.01.2011 ::

Astro Info:: Moon transits in Hastha ruled by Moon and persons born in Punarvasu, Visakha and Poorvabhadra and in Aquarius and Gemini Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day : 10.35am; 11.50am; 12.55pm; 2.35pm;

Likely Intraday Trend for 06.01.2011 ::
On the basis of planetary position and aspects amongst planets, Market is generally expected to remain subdued in the opening session and remain volatile after 11 am with alternate bouts of bullishness(after 2.30pm) and bearishness( opening session and again 1pm to 2.30pm) without any clear direction. Communication stocks are expected to be generally subdued.

Astro Technical Trading Strategy for the day :: After 12.30pm, if Nifty fut trades below Average Traded Price, short positions may be taken with a stop loss of 10 points above Average Traded Price and such positions may be closed by 2.30pm or be continued with strict trailing stop loss. Quick profit booking is advised due to volatile movements.

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 is expected to be bullish above 6112 with resistance at 6130, 6149, 6179 and weak below 6087 with supports at 6070, 6051, 6020 for the day ... Based on present market movement, Nifty fut . would be in Bullishzone above 6125 and in Bearish zone below 6110 for Thurs day. Nifty is expected to trade between 6140/ 6160 on higher side and 6060 / 6040 on Lower side.

Nifty appears to have given up its fight to go up and seem to be on its way down once again , led by Banking sector. Nifty gets into bullish mode only on a close above 6200 and is expected to face support at 6000 before falling further. Any rise may be utilized to create short positions by traders with 6200 as stop loss.

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

Tuesday, January 4, 2011

First Half Better… Second Half Subdued .. !!!

Astro Technical Guide for Wednesday, 05.01.2011 ::
Astro Info::
Moon transits in Uttarashadha ruled by Sun and persons born in Aardra, Swathi and Sathabhisham and in Aquarius and Gemini Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day : 10.10am; 1.0pm; 2.30pm;
Likely Intraday Trend for 05.01.2011 ::
On the basis of planetary position and aspects amongst planets, Market is generally expected to be beter in the forenoon and may remain subdued in the afternoon. Last hour is expected to be quite sensitive / crucial for the markets. Highest rates may be recorded in the forenoon session.
Bank , FMCG and Tech stocks are expected to be generally better.
Astro Technical Trading Strategy for the day :: After 9.30am, if Nifty fut trades above high recorded upto 9.30am, long positions can be taken with Low level as stop loss and such positions may be closed by 1.00pm; After 1.30pm, if Nifty fut trades below Average Traded Price, short positions may be taken with a stop loss of 10 points above Average Traded Price and such positions may be closed by 2.30pm or be continued with strict trailing stop loss( as last hour is sensitive leading to volatile movements) .
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 is expected to be bullish above 6172 with resistance at 6191, 6210, 6240 and weak below 6147 with supports at 6129, 6110, 6080 for the day ... Based on present market movement, Nifty fut . would be in Bullishzone above 6185 and in Bearish zone below 6170 for Wednes day. Nifty is expected to trade between 6197/ 6217 on higher side and 6118 / 6100 on Lower side.

Nifty , unable to cross the resistance , faced selling pressure. Once again Bank stocks led the fall. If Nifty goes below 6100, it would confirm topping out temporaraily and long positions may be liquidated.
Major Resistance for Nifty fut at 6210 / 6240 and Supports at 6125 / 6100.

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

Monday, January 3, 2011

Opening Session Better… Midsession Subdued .. !!!

Astro Technical Guide for Tuesday, 04.01.2011 ::

Astro Info:: Moon transits in Poorvashadha ruled by Venus and persons born in Mrigasira, Chitta and Dhanishta and in Capricorn and Taurus Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day : 11.25am; 1..00pm; 1.45pm 3.15pm;

Likely Intraday Trend for 04.01.2011 ::
On the basis of planetary position and aspects amongst planets, After open Market is expected to remain better till about 11.30am and remain subdued thereafter and may recover after 1.00pm ( with sensitive time from 1.45 to 2.30) and remain steady thereafter.
PSU stocks are expected to be better while Cement, Steel, FMCG , Entertainment stocks could remain subdued.

Astro Technical Trading Strategy for the day :: After 9.30am, if Nifty fut trades above high recorded upto 9.30am, long positions can be taken with Low level as stop loss and such positions may be closed by 11.30am., After 11.45am, if Nifty fut trades below Average Traded Price, short positions may be taken with a stop loss of 10 points above Average Traded Price and such positions may be closed by 1.30pm or be continued with strict trailing stop loss.

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 is expected to be bullish above 6197 with resistance at 6215, 6234, 6265 and weak below 6172 with supports at 6154, 6135, 6105 for the day ... Based on present market movement, Nifty fut . would be in Bullishzone above 6195 and in Bearish zone below 6185 for Tues day. Nifty is expected to trade between 6224/ 6244 on higher side and 6145 / 6125 on Lower side.

Nifty traded in the positive zone in a very narrow range for the day indicating lack of buying interest at higher rates. Major Resistance for Nifty fut at 6210 / 6275 and Supports at 6150 / 6100. Nifty fut becomes bearish only on a close below 6075. However, caution is advised at higher levels and fresh long positions may be avoided.

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

Sunday, January 2, 2011

Caution at Higher Levels (in second half of the week)…. !!!

Astro Technical Guide for Monday, 3rd January, 2011 and general outlook for the week::

"WISH YOU A HAPPY AND PROSPEROUS NEW YEAR 2011"

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

Astro Technical Outlook for 2011 :: Year 2010 closed with a gain of about 18% and market closed near the same level where it closed at the end of 2007( reached the same level after a gap of 3 years). Based on planetary positions and technical outlook , bullishness can be expected to continued current year too.
Notable changes are expected to around the following dates ::
4th Jan, 21st Feb, 19th April, 21st May, 1st May, 29th May, 23rd May, 28th June, 14th October, 14th August, 29th March;

Period from 31st March to 23rd April and 3rd August and 27th August and 24th November and 14th December is expected to display dual movements with first half bullishness and second half bearishness or vice versa.

Worst would be over for Telecom sector by June 2011 after which it can be expected to recover . Banking stocks could be expected to top out by middle of this year after which it may get into medium term bearishness. FII s might start disinvesting after the middle of this year.

Astro Technical Position for the week :: Market , after being steady in the beginning of the week, went up and closed with a gain of more than 2% to close above 6100 . Technically, market appears to have returned to bullishness, but strong resistance exists close to 6210 / 6285 above which it would attempt crossing the previous high. Astrologically, Jan 4th is crucial after which trend change can take place. New Lunar month , Pushya , commences on 4th January. Jan 7 to 18 th appear to be subdued for this Lunar month. Worst appears to be over for Bank stocks for the time being. PSU stocks and Cement / Metal stocks may come under pressure during the week. Technically, Nifty becomes bearish only below 6050 in the first half of the week and below 6100 in the later half of the week.
Technical Levels for the week :: Nifty futures is strong above 6192 with resistance around 6242, 6291 and 6371 and weak below 6130 with supports around 6081, 6033 and 5952 for the week.Based on present market movement, Nifty fut would be in bullish zone above 6110 and in bearish zone below 6070 during the week . Nifty is expected to trade between 6240/ 6320 on the higher side and between 6080 / 6010 on the lower side for the week. WD Gann’s natural numbers which would act as natural support and resistance are :: 5968, 6046, 6124, 6202, 6281, 6361 during the week.
Sensitive / Trend change Timings for the day :: 10.00am; 1.05pm; 2.25pm;

Intraday Trend for 03.01.11 (Volatile Movements …!!! )
On the basis of planetary position , Market is expected to display volatile / dual movements with better time from 12.40 to 1.30pm and may remain subdued in the last hour.
PSU, Cement / Metal stocks seem to come under pressure during the wek.
Astro Technical Trading Strategy for the day :: After 12.30pm, if Nifty fut trades above Average Traded Price, long positions can be taken with stop loss of 10 points below Average Traded Price, and such positions may be closed by about 2.30pm.
Open level is important below which only short positions may be taken and vice versa. Stop loss is a must for intraday trading.

Technical Levels for the day:: Nifty Futures would be bullish above 6174 with resistance around 6193, 6211 and weak below 6150 with supports around 6131, 6113 for the day.Based on present market position, Nifty fut would be in bullish zone above 6162 and in bearish zone below 6150 for Monday. Nifty fut is expected to trade between 6201/ 6221 on higher side and 6122/ 6103 on Lower side.
Strong resistance in the region of 6210 / 6285 and strong support around 6100/ 6050 is seen for Nifty this week.
IF resistance levels are achieved in the forenoon session, buying may be avoided at higher levels and risky traders can consider short positon for a pull back to Bullish trigger level. IF Support levels are achieved in the forenoon session, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto Bearish trigger level / other support levels.
Note ::Intraday trend given above is relative and based purely on the basis of planetary positions and aspects and needs to be understood and applied depending on the 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. Creator only knows what is going to happen and astrologer can only indicate what is likely to happen . Whether Stock market is suitable or not is determined based on Individual natal chart and that would be helpful to determine one’s favourable / unfavourable period .
Trade only with stop loss..
Happy Investing and Trading..
Dr B Amaranatha Sastry