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