Market Delicately Poised (inclined towards Bearishness) …!!!!

Astro Technical Guide for Monday, 14th March, 2011 and general outlook for the week::
Astro Info::
Tithi :: Phalguna Sukla Navami ;
Day :: Monday
Nakshatra :: Aardra ;
Persons born in Aslesha, Jyeshta and Revathi and persons born in Cancer and Scorpio Zodiac signs are advised to be alert in their dealings.

Astro Technical Position for the week :: Market encountered strong resistance between 5550 and 5600 and was finally not able to close above the important resistance level of 5555. Market moved in a very narrow range between 5600 and 5400 and closed around 5450 with a loss of less than 2% during the week. Technically, Nifty , being in a narrow range, requires to break out either way to find a proper direction. If Nifty goes below 5400, it might go down rather heavily and would become bearish for the month. On the other hand, if Nifty closes above 5555 continuously for 2 days, it can go up futher. Looking at Technical charts, Macro fundamentals and Astro indications, Nifty might go down below 5400 (mostly on Tuesday) and might make a double bottom or a slightly lower low in short time. New Solar Month commences from Tuesday which indicates normal bearishness in the forth coming period. Technically, Nifty is bearish and would get into bullish mode only it closes above 5555.
Technical Levels for the week :: Nifty futures is strong above 5480 with resistance around 5565, 5635 and weak below 5425 with supports around 5335, 5265 for the week. Based on present market movement, Nifty fut would be in bullish zone above 5500 and in bearish zone below 5465 during the week . Nifty is expected to trade between 5600 / 5635 on the higher side and between 5300 / 5265 on the lower side for the week. WD Gann’s natural numbers which would act as natural support and resistance are :: 5221, 5293, 5366, 5440,5514, 5588, 5663 during the week.
Sensitive / Trend change Timings for the day :: 9.25am; 12.40pm;
Intraday Trend for 14.03.11 ( First Half Subdued … 12.40 to 1.40 Sensitive ..Second half Better !!! )
On the basis of planetary position , Market is expected to remain subdued / weak in the First half of the day and remain sensitive between 12.40 to 1.40 with bullish bias and may further recover in second half of the day.
Power stocks are expected to be better while Communication and Bank stocks may remain subdued.

Astro Technical Trading Strategy for the day :: After 12.30pm , if Nifty fut trades above Average Traded Price by about 10 points, long positions can be taken with a stop loss of about 15 points below Average Traded Price and such positions may be closed by end of the day.

Technical Levels for the day:: Nifty Futures would be bullish above 5465 with resistance around 5495, 5520 and weak below 5440 with supports around 5405, 5380 for the day. Nifty fut would be in Bullish zone above 5475 and would be in Bearish zone below 5455 for Monday. Nifty fut is expected to trade between 5505/ 5525 on higher side and 5395/ 5375 on Lower side .

IF resistance levels are achieved in the forenoon session, buying may be avoided at higher levels and risky traders can consider short positon for a pull back to Bullish trigger level. IF Support levels are achieved in the forenoon session, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto Bearish trigger level / other support levels.
Note ::Intraday trend given above is relative and based purely on the basis of planetary positions and aspects and needs to be understood and applied depending on the 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. Creator only knows what is going to happen and astrologer can only indicate what is likely to happen . Whether Stock market is suitable or not is determined based on Individual natal chart and that would be helpful to determine one’s favourable / unfavourable period .
Trade only with stop loss..
Stay Disciplined for Prosperous Investing and Trading..
Dr B Amaranatha Sastry