Better Mid Session amidst volatile movements…!!!

Astro Technical Guide for Monday, 15.02.2011 ::

Astro Info:: Moon transits in Aardra ruled by Rahu upto 11.50am and in Punarvasu ruled by Jupiter thereafter and persons born in Aslesha, Jyeshta and Revathi in the forenoon and Aswini, Makha and Moola in the forenoon and in Cancer and Scorpio Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day : 11.50am; 2.00pm;

Likely Intraday Trend for 15.02.2011 ::
On the basis of planetary position and aspects amongst planets, Market is generally expected to remain steady / subdued in the forenoon session and may recover after 12 pm and may again become subdued after 2 pm.,
Cement and Steel stocks are expected to be generally subdued.

Astro Technical Trading Strategy for the day :: After 11.30am, if Nifty trades above Average Traded Price by about 10 points, long positions can be taken with suitable stop loss and such positions may be closed by about 1.30pm., After 2pm,. If Nifty fut trades below Average Traded Price, short positions can be taken with a stop loss of about 15 points above Average Traded Price and such positions may be closed by end of the day. (Short positions are against short term trend of the market and need to be closely monitored)

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 5468 with resistance at 5500 and 5530 and weak below 5440 with supports at 5410, 5380 for the day ... Based on present market movement, Nifty would be in Bullishzone above 5415 and in Bearish zone below 5385 for Tuesday . Nifty fut. is expected to trade between 5490/ 5525 on the higher side and 5410 / 5375 on the Lower side.

Nifty witnessed One side bullishish movement through out the day ( most of the gains coming before noon) and closed well above the required 5350 level, to come out of the month long Bear grip. Even a reasonable retracement may not make the market bearish for this F&O series and any retracement can be used to take trading long positions. Nifty may experience resistance between 5500 and 5550 initially. However, Medium term continues to face problems on account of fundamental factors and short term bounce may be used to reduce medium term long positions or create short term trading long positions with strict 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..
Prosperous Trading..
Dr B Amaranatha Sastry