Crucial Day for Market ….!!!

Astro Technical Guide for Tuesday, 15.03.2011 ::

Astro Info::
Tithi :: Phalguna Sukla Dasami;
Day :: Tuesday ;
Nakshatra :: Punarvasu (Moon in Gemini ) . Day and Tithi combination is generally not favourable.
Persons born in Aswini, Makha and Moola constellations and Cancer and Scorpio zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day : 10.10am; 12.25pm;1.35pm; 2.50pm;

Likely Intraday Trend for 15.03.2011 ::
On the basis of planetary position and aspects amongst planets, Market is generally expected to remain generally remain subdued / weak in the Opening session and might recover after 10.15am and may again become subdued after 12pm. Time from 1.30 to 2.30 is sensitive and today’s movement is quite crucial for the market and is expected to set the trend for the rest of the month.
PSU stocks are expected to be generally 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 Day’s low level as stop loss and such positions may be closed by 12pm 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 5545with resistance at 5580, 5610 and weak below 5520 with supports at 5505, 5490, 5465 for the day ... Based on present market movement, Nifty would be in Bullishzone above 5520 and in Bearish zone below 5495 for Tuesday . Nifty is expected to trade between 5590/ 5610 on the higher side and 5480 / 5460 on the Lower side.

Market maintained positive bias through out the day and went up steeply after 2pm to close above 5530. Nifty is once again near the important resistance level of 5555 (closing above this level for One week would mean medium term bullishness). Nifty becomes weak only if it closes below 5400 which appears quite remote now and on the other hand close above 5555 looks likely. Nifty needs to close above 5555 or below 5400 to seek a clear direction for the near term.
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..
Stay Disciplined for Prosperous Trading and Investing..
Dr B Amaranatha Sastry