Astro Technical Guide for Thursday, 16.03.2011 ::
Astro Info::
Tithi :: Phalguna Sukla Dwadasi ;
Day :: Thursday ;
Nakshatra :: Aslesha (Moon in Cancer ) . Day and Tithi combination does not seem to be favourable.
Persons born in Krittika, Uttara and Uttarashadha constellations and Leo and Sagittarius zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day : :10.00am; 12.00pm;2.00pm;
Likely Intraday Trend for 16.03.2011 ::
On the basis of planetary position and aspects amongst planets, Market is generally expected to generally remain subdued in the Opening hour and recover thereafter to again become subdued after 2 pm.,
Oil stocks are expected to be generally volatile.
Astro Technical Trading Strategy for the day :: After 10.15am, if Nifty fut trades above Open Price and Average Traded Price , long positions can be taken with Day’s Low level as stop loss and such positions may be closed by 1pm . After 2pm, if Nifty fut. Trades below Average Traded Price by about 10 points, short positions can be taken with a stop loss of about 15 points aboe 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 5530with resistance at 5570, 5590 and weak below 5505 with supports at 5470, 5440 and 5400 for the day ... Based on present market movement, Nifty would be in Bullishzone above 5525 and in Bearish zone below 5505 for Thursday . Nifty is expected to trade between 5470/ 5490 on the higher side and 5440 / 5400 on the Lower side.
After better opening , Nifty generally traded better through out the day and closed above 5510 with a gain of more than 60 points. Market appears to be waiting for cues from RBI’s credit policy to take a decisive move. Nifty needs to close above 5555 (continuously atleast for Two days) 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
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment