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

Astro Technical Guide for Tuesday, 01.03.2011 ::

Astro Info::
Tithi :: Magha Bahula Dwadasi ;
Day :: Tuesday ;
Nakshatra :: Uttarashadha (Moon in Capricorn)
Persons born in Aardra, Swathi and Sathabhisham and in Aquarius and Gemini Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day : 11.05am; 12.05pm; 2.50pm;

Likely Intraday Trend for 01.03.2011 ::
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 / towards close of the day. Highest rates for the day are expected to be recorded before noon.
Tech stocks are expected to be generally better.

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 fut. is expected to be bullish above 5350with resistance at 5380, 5410 and 5450 and weak below 5330 with supports at 5300, 5270 and 5230 for the day ... Based on present market movement, Nifty would be in Bullishzone above 5425 and in Bearish zone below 5390 for Tuesday . Nifty is expected to trade between 5395/ 5415 on the higher side and 5285 / 5265 on the Lower side.

Market experience highly volatile movements with huge rise from 12 to 1.30 and an equally severe fall thereafter to close in the positive zone for the day. But today’s trading pattern suggests bearish pattern and short positions can be continued as long as market does not close above today’s high level. Nifty becomes strong only when it closes above 5475 and becomes more weak if it trades below 5300.

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