Volatile Movements with Better First Half ...!!!

Astro Technical Guide for Friday, 25.02.2011 ::

Astro Info:: Tithi :: Magha Bahula Ashtami ; Day :: Friday ; Nakshatra :: Anuradha upto 1.20pm and Jyeshta thereafter (Moon in Scorpio Sign)
Persons born in Bharani, Pubba and Poorvashadha and in Sagittarius and Aries Zodiac signs are advised to be alert in their dealings. Today's market movements may prove to be deceptive later on.



Sensitive / Trend change Timings for the day : 9.35am; 11.20am; 1.20pm;

Likely Intraday Trend for 25.02.2011 ::
On the basis of planetary position and aspects amongst planets, Market is generally expected to remain better in the First half of the day and may remain subdued / volatile in later half of the day.

Astro Technical Trading Strategy for the day :: After 9.30am, if Nifty 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 about 12.30am; (Long positions are against short term trend, hence need close attention) .After 1.30pm, if Nifty 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.

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 5280with resistance at 5310, 5335 and 5375 and weak below 5250 with supports at 5222, 5195 and 5155 for the day ... Based on present market movement, Nifty would be in Bullishzone above 5360 and in Bearish zone below 5340 for Friday . Nifty is expected to trade between 5320/ 5340 on the higher side and 5210 / 5190 on the Lower side.

Market remained weak since opening and consistently made lower bottoms and witnessed massive sell off below 5400(Key support level) and closed with a loss of more than 3.5% for the day. Being F&O expiry day, huge movement was seen in Nifty and scrips. As Nifty broke the crucial level of 5400, any pullback is to be used for creating short positions with proper hedging for a lower bottom in the near future. Only a path breaking Budget can improve the sentiment of the otherwise weak market. Stop loss of 5475 may be maintained as stop loss for Nifty short positions , which can be trailed suitably as the time progresses.

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