Midsession Subdued …. Closing (Sensitive)Better???!!!

Astro Technical Guide for Wednesday, 16.03.2011 ::

Astro Info::
Tithi :: Phalguna Sukla Ekadasi;
Day :: Wednesday ;
Nakshatra :: Pushyami (Moon in Cancer ) .
Persons born in Bharani, Pubba and Poorvashadha constellations and Leo and Sagittarius zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day : 10.15am; 2.30pm;

Likely Intraday Trend for 16.03.2011 ::
On the basis of planetary position and aspects amongst planets, Market is generally expected to remain generally remain steady in the Opening session and may remain subdued in the midsession and may recover in the closing session after 2 pm with sensitive time being the last hour of trade.
Communicaion and Bank stocks are expected to be generally better

Astro Technical Trading Strategy for the day :: After 10.15am, if Nifty fut trades below Open Price and Average Traded Price , Short positions can be taken with Day’s High level as stop loss and such positions may be closed by 1pm . After 2pm, 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.

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 is expected to be bullish above 5465with resistance at 5495, 5520 and weak below 5440 with supports at 5405, 5375 for the day ... Based on present market movement, Nifty would be in Bullishzone above 5455 and in Bearish zone below 5425 for Wednesday . Nifty is expected to trade between 5505/ 5525 on the higher side and 5395 / 5375 on the Lower side.

After a huge gap down open due to global cues, Nifty recovered after the initial hour smartly by about 2 pm to shed some of the gains by end of the day and closed nearly where it closed on last Friday erasing Monday’s gains. Trading range for Nifty is nearly unchanged and is yet to seek a direction either side which may be provided by global cues or RBI’s credit Policy. Nifty needs to close above 5555 or below 5400 to seek a clear direction .
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..
Stay Disciplined for Prosperous Trading and Investing..
Dr B Amaranatha Sastry