Thursday, March 10, 2011

First Half Better …. Second Half Volatile ….!!!

Astro Technical Guide for Thursday, 10.03.2011 ::

Astro Info::
Tithi :: Phalguna Sukla Panchami ;
Day :: Thursday ;
Nakshatra :: Bharani (Moon in Aries ) .
Day and Tithi combination is generally favourable
Persons born in Mrigasira, Chitta and Dhanishta constellations and Taurus and Virgo zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day : 9.30am; 10.30am; 2.40pm;

Likely Intraday Trend for 10.03.2011 ::
On the basis of planetary position and aspects amongst planets, Market is generally expected to remain generally better after Opening in the opening session (Sensitive time 9.30 to 10.15 inclined towards bullishness) and may become volatile inclined towards subdued trend in the afternoon.
PSU stocks are expected to be better.

Astro Technical Trading Strategy for the day :: After 9.30am, if Nifty fut trades above high level recorded upto 9.30 am , long positions can be taken with Low level as stop loss and such positions may be closed by about 12.30pm.

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 5548with resistance at 5575, 5605 and weak below 5520 with supports at 5485, 5460 for the day ... Based on present market movement, Nifty would be in Bullishzone above 5535 and in Bearish zone below 5515 for Thursday . Nifty is expected to trade between 5590/ 5610 on the higher side and 5480 / 5460 on the Lower side.

Market fell in the Opening session and recovered sharply thereafter to record day high level by 3pm and fell thereafter on account of profit booking and closed flat for the day. Strong resistance is seen around 5555 and 5600 level and Nifty becomes weak for the week below 5500 and becomes weak for the month below 5400 / 5375. In view of the above, conservative short positions are advised only below 5400 ( on close basis) while aggressive short positions can be considered below 5500(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

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