Volatile Movements with Subdued Midsession ….!!!

Astro Technical Guide for Thursday, 03.03.2011 ::
Astro Info::
Tithi :: Magha Bahula Chaturdasi ;
Day :: Thursday ;
Nakshatra :: Dhanishta (Moon in Capricorn and Aquarius)Thithi and Day combination is generally not favourable.
Persons born in Pushyami. Anuradha and Uttarabhadra and in Pisces andCancer Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day : 10.55am; 1.00pm; 2.30pm;
Likely Intraday Trend for 03.03.2011 ::On the basis of planetary position and aspects amongst planets, Marketis generally expected to remain better (after opening) till about 11am and become subdued thereafter and may become volatile after 1pmwith subdued / weak closing (after 2.30pm).,Oil and Tech stocks are generally expected to be better.
Astro Technical Trading Strategy for the day :: After 9.30am, if Niftytrades above High recorded upto 9..30am, long positions can be takenwith Low level as stop loss and such positions may be closed by about11am., .After 11.30am, if Nifty trades below Average Traded Price,short positions can be taken with a stop loss of about 15 points aboveAverage Traded Price and such positions, after regularly trailing stoploss with 10 points above Average Traded Price, may be closed by endof the day.(Short positions are against short term trend and needclose attention)Open level is important for intraday trading and generally, intradayshort positions are suggested below Day’s open level only and viceversa.Stop loss is a must for intraday trading.
Technical Levels for the day :: Nifty fut. is expected to be bullishabove 5550with resistance at 5575, 5600 and 5640 and weak below 5520with supports at 5485, 5460 and 5415 for the day ... Based on presentmarket movement, Nifty would be in Bullish zone above 5485 and inBearish zone below 5445 for Thursday . Nifty is expected to tradebetween 5600/ 5645 on the higher side and 5455 / 5420 on the Lowerside.On Tuesday, after better opening, market continued its upward marchtill close and closed at the highest level, (one of the rare marketmovement of Lowest opening levels and highest Closing level ) andgained 3.5%, one of the highest gain in the recent past. While Niftyappears to have gone into Bullish zone (having crossed resistancelevel of 5475), caution is advised at higher levels in view of themacro global and domestic factors. Strong resistance is seen at 5600 /5650 and Nifty gets into medium term bullish zone only when it tradesabove 5700.
Intraday trend given above is relative and based purely on the basisof planetary positions / aspects and needs to be understood andapplied depending on the realtime market movement. Technical portionand astrological 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. Loss / Gain in market depends onIndividual natal chart. Creator only knows what is going to happen andastrologer can only indicate what is likely to happen .
Trade only with stop loss..
Prosperous Trading..
Dr B Amaranatha Sastry