First Half Better …. Closing Subdued / Weak ….!!!

Astro Technical Guide for Friday, 11.03.2011 ::

Astro Info:: Tithi :: Phalguna Sukla Shashti ; Day :: Friday ; Nakshatra :: Krittika (Moon in Taurus ) .
Persons born in Aardra, Swathi and Sathabhisham constellations and Gemini and Libra zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day : 10.10am; 12.20pm; 2.20pm;

Likely Intraday Trend for 11.03.2011 ::
On the basis of planetary position and aspects amongst planets, Market is generally expected to remain generally better in the opening session and slowly become subdued to become weak towards close of the day. Highest rates are expected to be recorded before noon.
Communication, Tech stocks are expected to be better while Cement, Mining and Oil stocks are expected to be subdued.

Astro Technical Trading Strategy for the day :: After 1.30pm, 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. (If market opens steady/low, long positions also can be considered with First 30 minutes low as stop loss and such positions to be closed before noon).

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 5515with resistance at 5545, 5570 and weak below 5490 with supports at 5455, 5430 for the day ... Based on present market movement, Nifty would be in Bullishzone above 5500 and in Bearish zone below 5485 for Friday . Nifty is expected to trade between 5555/ 5575 on the higher side and 5445 / 5425 on the Lower side.

Market , after opening with downside gap, traded in a very narrow range through out the day , awaiting cues for a decisive direction. . Strong resistance is seen around 5555 and 5600 level and Nifty becomes weak for the month below 5400 . In view of the above, short positions are advised only below 5450 / 5400( on close basis).

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