Further Fall ???…!!!!

Astro Technical Guide for Monday, 21st March, 2011 and general outlookfor the week::
Astro Info::
Tithi :: Phalguna Bahula Vidiya ;Day :: MondayNakshatra :: Chitta ;Persons born in Pushyami, Anuradha and Uttarabhadra and persons bornin Libra and Aquarius Zodiac signs are advised to be alert in theirdealings.
Astro Technical Position for the week :: Market moved in a narrowrange through out the week swinging viciously in the narrow rangefinally giving up on Friday to close below 5400 with a loss of morethan 1% for the week. Nifty made a lower top and lower bottom for theweek and ended at lower end for the week signaling possibility offurther fall next week. Market is technically poised to fall furtherwith a strong support around 5300 which if breached would take it toprevious bottom level and even further lower levels . Global cues,technical setup and astro indications suggest further fall fromcurrent level and investors can wait for some time for the market tobottom out / stabilize. Astrologically, Current week also appear to bewitnessing see – saw movements with One day up and One day downmovements inclined towards bearishness. March 21 is an important GannTurn Date for Markets as Tropical Sun enters Aries. Nifty becomesfurther weak below 5375 and becomes strong only when it closes above5555.
Technical Levels for the week :: Nifty futures is strong above 5405with resistance around 5495 and 5560 and weak below 5355 withsupports around 5265 and 5200 for the week. Based on present marketmovement, Nifty fut would be in bullish zone above 5485 and in bearishzone below 5450 during the week . Nifty is expected to trade between5525 / 5565 on the higher side and between 5200 / 5160 on the lowerside for the week. WD Gann’s natural numbers which would act asnatural support and resistance are :: 5221, 5293, 5366, 5440,5514,5588, 5663 during the week.
Sensitive / Trend change Timings for the day :: 9.45am; 11.15pm; 2.00pm;
Intraday Trend for 21.03.11 ( Midsession Subdued … 11.15 to 12.15Sensitive ..Recovery towards Close !!! )On the basis of planetary position , Market is expected to remainbetter till about 9.45am and become subdued thereafter with sensitivetime between 11.15 to 12.15 and recovery after 2 pm.,Power, Cement and Steel stocks are expected to be subdued.
Astro Technical Trading Strategy for the day :: After 9.45am, ifNifty fut trades below Open Price and Average Traded Price by about10 points, short positions can be taken with High level as stoploss and such positions may be closed by 11.30am or be continued withtrailing stop loss. After 2pm, risky traders can consider longpositions if Nifty fut trades above Average Traded Price continuously(with suitable stop loss) and such positions may be closed by end ofthe day. (Intraday long positions are against Short term trend andhence need extra caution).
Technical Levels for the day:: Nifty Futures would be bullish above5400 with resistance around 5425, 5450 and weak below 5370 withsupports around 5340, 5310 for the day. Nifty fut would be in Bullishzone above 5450 and would be in Bearish zone below 5425 for Monday.Nifty fut is expected to trade between 5435/ 5455 on higher side and5325/ 5305 on Lower side .I
F resistance levels are achieved in the forenoon session, buying maybe avoided at higher levels and risky traders can consider shortpositon for a pull back to Bullish trigger level. IF Support levelsare achieved in the forenoon session, selling may be avoided at lowerlevels and risky traders can consider buying for a pull back uptoBearish trigger level / other support levels.
Note ::Intraday trend given above is relative and based purely on thebasis of planetary positions and aspects and needs to be understoodand applied depending on the market movement. Technical portion andastrological portion given above should be considered together andapplied for taking proper trading decisions.
Disclaimer :: Intraday trading is risky and Astro guidance is to beused as an additional tool in addition to technicals and adapteddepending on intraday movements. Creator only knows what is going tohappen and astrologer can only indicate what is likely to happen .Whether Stock market is suitable or not is determined based onIndividual natal chart and that would be helpful to determine one’sfavourable / unfavourable period .Trade only with stop loss..
Stay Disciplined for Prosperous Investing and Trading..
Dr B Amaranatha Sastry