Astro Technical Guide for Wednesday, 09.03.2011 ::
Astro Info::
Tithi :: Phalguna Sukla Chavithi upto 12.10 and Panchami thereafter
Day :: Wednesday ;
Nakshatra :: Aswini up to 2.10pm and Bharani thereafter (Moon in Aries ) .
Persons born in Rohini, Hastha and Sravana are advised to be alert upto afternoon session and those born in Mrigasira, Chitta and Dhanishta and Taurus and Virgo are advised to be alert in the afternoon session.
Sensitive / Trend change Timings for the day : 10.10am; 12.10pm; 2.40pm;
Likely Intraday Trend for 09.03.2011 ::
On the basis of planetary position and aspects amongst planets, Market is generally expected to remain subdued (after opening) in the Opening session and remain volatile in the closing session .
FMCG, Entertainment stocks are expected to be volatile inclined towards bearishness.
Astro Technical Trading Strategy for the day :: After 9.30am, if Nifty fut trades below Low level recorded upto 9.30 am , short positions can be taken with High 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 5580, 5610 and weak below 5525 with supports at 5490, 5460 for the day ... Based on present market movement, Nifty would be in Bullishzone above 5510 and in Bearish zone below 5495 for Wednesday . Nifty is expected to trade between 5590/ 5610 on the higher side and 5480 / 5460 on the Lower side.
Market firmed up with in 15 minutes of opening and traded sideways inclined towards bullishness and closed at the upper end of the day. However, strong resistance is seen around 5555 and 5600 level and Nifty, being in neutral zone, at present becomes weak for the week below 5500 and becomes weak for the month below 5400 / 5375. In view of the above, short positions are advised only below 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
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