Opening Hour Subdued … Midsession Better .. Closing Subdued ….!!!

Astro Technical Guide for Tuesday, 22.03.2011 ::

Astro Info::
Tithi :: Phalguna Bahula Thadiya ;
Day :: Tuesday ;
Nakshatra :: Swathi (Moon in Libra ) .
Persons born in Aslesha, Jyeshta and Revathi constellations and Virgo and Capricorn zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day ::10.10am; 12.35pm; 2.10pm;

Likely Intraday Trend for 22.03.2011 ::
On the basis of planetary position and aspects amongst planets, After Opening, Market is generally expected to remain subdued in the opening and may remain better in the midsession with sensitive time between 12.10 and 1.10 and amy again become subdued towards close of the day.
Power, Cement stocks are expected to remain subdued.

Astro Technical Trading Strategy for the day :: After 2.00pm, if Nifty fut trades below Average Traded Price , short positions can be taken with a stop loss of about 10 points above 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 5385 with resistance at 5405, 5420 and 5445 and weak below 5360 with supports at 5345, 5330 and 5305 for the day ... Based on present market movement, Nifty would be in Bullishzone above 5400 and in Bearish zone below 5380 for Tuesday . Nifty is expected to trade between 5430/ 5450 on the higher side and 5320 / 5300 on the Lower side.

Nifty traded in a narrow range with bearish bias and closed nearly flat for the day. While, Nifty is generally bearish, strong support exists in the region of 5300 and is also expected to face strong resistance around 5500.
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.

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