Volatile Movements ….!!!

Astro Technical Guide for Tuesday, 08.03.2011 ::

Astro Info:: Tithi :: Phalguna Sukla Chavithi ; Day :: Tuesday ; Nakshatra :: Revathi upto 11.20am; Aswini thereafter (Moon in Pisces and Aries ) . Tithi and Day combination is generally favourable for the market.
Persons born in Krittika, Uttara and Uttarashadha and Aries and Leo zodiac signs are advised to be alert in the morning session. Those born in Rohini, Hastha and Sravana and Taurus and Virgo are advised to be alert in the afternoon session.
Sensitive / Trend change Timings for the day : 10.30am; 11.20am; 1.00pm;

Likely Intraday Trend for 08.03.2011 ::
On the basis of planetary position and aspects amongst planets, Market is generally expected to remain subdued in the Opening session and may recover briefly from 10.30 to 11.30 and again become subdued with volatile movements towards close of the day.
Power stocks are expected to be subdued while Tech stocks may generally remain better.

Astro Technical Trading Strategy for the day :: After 10.30am, if Nifty fut trades above Open level and Average Traded Price, long positions can be taken with Low level as stop loss and such positions may be closed by about 12.30pm. After 1.00pm, if Nifty trades below Average Traded Price by about 10 points, short positions can be taken with a stop loss of about 15 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 fut. is expected to be bullish above 5480with resistance at 5510, 5535 and weak below 5455 with supports at 5420, 5395 for the day ... Based on present market movement, Nifty would be in Bullishzone above 5460 and in Bearish zone below 5440 for Tuesday . Nifty is expected to trade between 5525/ 5545 on the higher side and 5415 / 5395 on the Lower side.

Market opened with downside gap and went down further to about 5400 levels and had a smart intraday recovery but closed well below 5500 level . Nifty becomes significantly weak when it closes below 5400 level. Strong resistance and supports are placed at 5650 and 5400 levels. Long positions may be liquidated on rise and short positions can be taken only when Nifty closes below 5400 level.

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..
Prosperous Trading..
Dr B Amaranatha Sastry