Friday, April 29, 2011

Midsession Better and Closing Subdued ….!!!

Astro Technical Guide for Friday, 29.04.2011 ::

Astro Info:: Tithi :: Chaitra Bahula Dwadasi; Day :: Friday ; Nakshatra :: Poorvabhadra and Pisces (Moon in Aquarius and Pisces) .

Persons born in Aswini, Makha and Moola constellations and Aries and Leo Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day :: 10.55am; 1.45pm;

Likely Intraday Trend for 29.04.2011::
On the basis of planetary position and aspects amongst planets, After Opening , Market is generally expected to remain better in the first half of the day and remain generally subdued towards close of the day.
IT, Cement/ Mining stocks could remain volatile.

Astro Technical Trading Strategy for the day :: After 9.45am, if Nifty fut trades above Open Price, Long positions may be taken with Low level as stop loss and such positions may be closed by about 1.30pm. 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 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 spot is expected to be bullish above 5800 with resistance at 5830, 5860 and weak below 5775 with supports at 5740, 5710 for the day ... Based on present market movement, Nifty spot would be in Bullishzone above 5810 and in Bearish zone below 5795 for Friday . Under normal circumstances, Nifty spot is expected to trade between 5840/ 5860 on the higher side and 5730 / 5710 on the Lower side.

Market traded with negative bias through out the day and closed below 5800 on the last day of F&O expiry. Market generally remained in a narrow range in April series and Market would come out of this congestion zone very soon and give a clear direction. (below 5700 or above 5925).

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

Wednesday, April 27, 2011

Volatile and Deceptive Movements ….!!!

Astro Technical Guide for Thursday, 28.04.2011 ::

Astro Info:: Tithi :: Chaitra Bahula Ekadasi; Day :: Thursday ; Nakshatra :: Sathabhisham upto 2.40 and Poorvabhadra thereafter (Moon in Aquarius) . Combination of Tithi and Day is generally favourable.
Persons born in Aslesha, Jyeshta and Revathi constellations and Pisces and Cancer Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day :: 11.30am; 1.45pm; 2.40pm;

Likely Intraday Trend for 28.04.2011::
On the basis of planetary position and aspects amongst planets, After Opening , Market is generally expected to remain better in the Opening hour and remain generally volatile thereafter . Today’s market movements is expected to be deceptive or against the general trend and general trend would continue later.
Cement/ Mining stocks could remain subdued.

Astro Technical Trading Strategy for the day :: After 9.30am, if Nifty fut trades above Open Price, Long positions may be taken with Low level as stop loss and such positions may be closed by about 12.00pm. 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 10 points above Average Traded Price and such positions may be closed by end of the day. As Highly volatile movements are expected , extra degree of caution is required.

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 spot is expected to be bullish above 5845 with resistance at 5880, 5910 and weak below 5820 with supports at 5790, 5760 for the day ... Based on present market movement, Nifty spot would be in Bullishzone above 5865 and in Bearish zone below 5845 for Thursday . Under normal circumstances, Nifty spot is expected to trade between 5890/ 5910 on the higher side and 5780 / 5760 on the Lower side.

Market traded with negative bias through out the day and yesterday’s recovery from lower levels has not been followed up today. Market moved in a narrow range during entire April and a vicious breakout is to be expected soon. Being last day of F&O expiry, scrip specific movement is to be expected. Nifty would encounter resistance around 5900 and support around 5800 below which fall can accelerate.

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

Midsession Better .. Closing Nervous ….!!!

Astro Technical Guide for Wednesday, 27.04.2011 ::

Astro Info:: Tithi :: Chaitra Bahula Dasami; Day :: Wednesday ; Nakshatra :: Dhanishta upto 11.50am and Sathabhisham thereafter (Moon in Aquarius) . Combination of Tithi and Day is generally favourable.
Persons born in Pushyami, Anuradha and Uttarabhadra constellations in the forenoon and those born in Aslesha, Jyeshta and Revathi are advised to be cautious in the afternoon and also Pisces and Cancer zodiac sign born are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day :: 11.50am; 1.50pm;

Likely Intraday Trend for 27.04.2011::
On the basis of planetary position and aspects amongst planets, After Opening , Market is generally expected to remain better till about 1.30om and expected to become subdued / nervous towards close of the day.
PSU stocks are expected to be better while Cement and Mining stocks could remain subdued.
subdued.

Astro Technical Trading Strategy for the day :: After 9.30am, if Nifty fut trades above Open Price, Long positions may be taken with Low level as stop loss and such positions may be closed by about 1.30pm., 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 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 spot is expected to be bullish above 5875 with resistance at 5910, 5940 and weak below 5855 with supports at 5825, 5790 for the day ... Based on present market movement, Nifty spot would be in Bullishzone above 5850 and in Bearish zone below 5830 for Wednesday . Under normal circumstances, Nifty spot is expected to trade between 5920/ 5940 on the higher side and 5810 / 5790 on the Lower side.

Market experienced wild and volatile movements and recovered most of the lost ground by close of the day and closed with a loss of 10 points. Strong Support exists at 5850 / 5800 while strong resistance is placed at 5950 above which only it would rally further. Being penultimate day of F&O expiry, scrip specific movements are most likely and Nifty would be biased towards bullishness if it closes above 5920.

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

Tuesday, April 26, 2011

First Hour Crucial ….Then Better .. Closing Nervous ….!!!

Astro Technical Guide for Tuesday, 26.04.2011 ::

Astro Info::
Tithi :: Chaitra Bahula Navami; Day :: Tuesday ; Nakshatra :: Dhanishta (Moon in Capricorn) . Combination of Tithi and Day is generally auspicious / favourable.
Persons born in Pushyami, Anuradha and Uttarabhadra constellations and Aquarius and Gemini zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day :: 9.50am; 2.00pm;

Likely Intraday Trend for 26.04.2011::
On the basis of planetary position and aspects amongst planets, After Opening , Market is generally expected to remain crucial in the Opening hour and also till about 1.30 and expected to become subdued / nervous after 2 pm.
Power, Bank stocks are expected to be better while FMCG stocks could remain subdued.

Astro Technical Trading Strategy for the day :: After 9.30am, if Nifty fut trades above Open Price, Long positions may be taken with Low level as stop loss and such positions may be closed by about 1.30pm., 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 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 spot is expected to be bullish above 5885 with resistance at 5920, 5950 and weak below 5865 with supports at 5830, 5800 for the day ... Based on present market movement, Nifty spot would be in Bullishzone above 5890 and in Bearish zone below 5875 for Tuesday . Under normal circumstances, Nifty spot is expected to trade between 5930/ 5950 on the higher side and 5820 / 5800 on the Lower side.

Market traded in a narrow range and closed with a loss of 10 points, mainly due to fall in Reliance which fell by about 3%. Strong Support exists at 5850 / 5800 while strong resistance is placed at 5950 above which only it would rally further.

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

Monday, April 25, 2011

Cautiously Bullish…!!!

Astro Technical Guide for Monday, 11th April, 2011 and general outlook for the week::
Astro Info::Tithi :: Chaitra Bahula Ashtami ;Day :: MondayNakshatra :: Sravana (Moon in Capricorn ) ;
Combination the above Nakshatra, Vara and Tithi is generally auspicious.
Persons born in Punarvasu, Visakha and Poorvabhadra and persons born in Aquarius and Gemini Zodiac signs are advised to be alert in their dealings.
Astro Technical Position for the week :: Nifty experienced wild swings between 5900 and 5700 during the week and closed nearer to upper end of the range suggesting further recovery. However, overall movements were narrow during April month with scrip specific movements and Nifty is expected to come out of the narrow range during the week and odds for upper side breakout being higher. Technically, Nifty appears to be in a consolidation zone and uptrend may resume once it closes above 5950. Astrologically, Bullish factors such as Mars Jupiter Conjunction, and entry of Mars and Jupiter into Aries, a fiery sign are ahead suggesting some further recovery. Fundamentally, Macro factors are not so conducive for a run away bullish move and as corporate earnings are presently on growth path some further recovery is possible but macro headwinds such as rising crude oil price, commodity prices, inflation and interest rates could impact corporate profitability and growth in the long run . Hence some short term recovery is possible.
Technically, Nifty becomes bearish if it closes below 5800 in the first half and below 5850 in the second half of the week.
Technical Levels for the week :: Nifty (spot) is strong above 5910 with resistance around 5975, 6085 and weak below 5855 with supports around 5765, 5685 for the week. Based on present market movement, Nifty would be in bullish zone above 5835 and in bearish zone below 5785 during the week . Under normal circumstances, Nifty is expected to trade between 6000/ 6080 on the higher side and between 5770 / 5730 on the lower side during the week. WD Gann’s natural numbers which would act as natural support and resistance are :: 5663, 5739, 5815 , 5891, 5908, 6046, 6124 during the week.
Sensitive / Trend change Timings for the day :: 10.30am; 11.50am; 2.50pm;
Intraday Trend for 25.04.11 ( Volatile Movements …!!! )
On the basis of planetary position , Generally, After Opening Market is expected to remain generally subdued till about 11.40 and significantly recover thereafter and experience huge volatile movements (either side) after 2 pm.,
Cement, Mining stocks are expected to be better while PSU, FMCG stocks could remain subdued.

Astro Technical Trading Strategy for the day :: After 11.45am, if Nifty fut trades above Average Traded Price by about 10 points, long positions can be taken with a stop loss of 10 points below Average Traded Price and such positions may be closed by 1.45pm or be maintained with very strict stop loss (due to highly volatile movements eitherside),

Technical Levels for the day :: Nifty Futures would be bullish above 5895 with resistance around 5930, 5960 and weak below 5870 with supports around 5835, 5810 for the day. Nifty would be in Bullish zone above 5895 and would be in Bearish zone below 5880 for Monday. Under normal circumstances, Nifty is expected to trade between 5940/ 5960 on higher side and 5830/ 5810 on Lower side .

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.
Note ::Intraday trend given above is relative and based purely on the basis of planetary positions and aspects and needs to be understood and applied depending on the 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. Creator only knows what is going to happen and astrologer can only indicate what is likely to happen . Whether Stock market is suitable or not is determined based on Individual natal chart and that would be helpful to determine one’s favourable / unfavourable period .
Trade only with stop loss..
Stay Disciplined for Prosperous Investing and Trading..
Dr B Amaranatha Sastry

Thursday, April 21, 2011

A Big Range Day .. First Half Bullish… Midsession Subdued ….!!!

Astro Technical Guide for Thursday, 21.04.2011 ::

Astro Info:: Tithi :: Chaitra Bahula Chaturdhi; Day :: Thursday ; Nakshatra :: Jyeshta (Moon in Scorpio ) . Combination of Tithi and Day is generally inauspicious.
Persons born in Krittika, Uttara and Uttarashadha constellations and Sagittarius and Aries zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day :: 10.45am; 12.00pm; 1.10; 2.35pm;

Likely Intraday Trend for 21.04.2011::
On the basis of planetary position and aspects amongst planets, After Opening , Market is generally expected to remain better till about 12pm and may become subdued from 12 to 1.15 and become highly volatile from 1.15 to 2.15 (huge movement) and again recover towards close of the day.
General rise in Communication, Power, Bank and Metal / Cement stocks are expected .

Astro Technical Trading Strategy for the day :: After 9.30am, if Nifty fut trades above Open Price, Long positions may be taken with Low level as stop loss and such positions may be closed by about 12 pm., 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 10 points below Average Traded Price and such positions may be closed by about 2.15pm.,

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 spot is expected to be bullish above 5865 with resistance at 5900, 5930 and weak below 5840 with supports at 5805, 5775 for the day ... Based on present market movement, Nifty spot would be in Bullishzone above 5820 and in Bearish zone below 5800 for Thursday . Under normal circumstances, Nifty spot is expected to trade between 5910/ 5930 on the higher side and 5795 / 5775 on the Lower side.

Market continued its upward journey and gained more than 100 points. If Nifty moves past 5900, it can make new high in the next week.

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

Wednesday, April 20, 2011

Volatile Movements (inclined towards Bullishness???) ….!!!

Astro Technical Guide for Wednesday, 20.04.2011 ::

Astro Info:: Tithi :: Chaitra Bahula Thadiya; Day :: Wednesday ; Nakshatra :: Anuradha (Moon in Scorpio ) .
Persons born in Bharani, Pubba and Poorvashadha constellations and Sagittarius and Aries zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day :: 9.45am; 11.20am; 1.30pm; 2.30pm;

Likely Intraday Trend for 20.04.2011::
On the basis of planetary position and aspects amongst planets, After Opening , Market is generally expected to remain better in the initial hour and may become subdued from 10 to 12 and recover thereafter (particularly from 12.15 to 1.15, being sensitive time inclined towards bullishness) and may again become subdued towards close of the day.
PSU, Communication stocks may remain subdued while FMCG/Entertainment stocks may remain better.

Astro Technical Trading Strategy for the day :: After 9.45am, if Nifty fut trades below Open Price, Short positions may be taken with High level as stop loss and such positions may be closed by about 12 pm., After 12.30pm, if Nifty fut trades above Average Traded Price by about 10 points, long positions can be taken with a stop loss of about 10 points below Average Traded Price and such positions may be closed by about 2.15pm.,

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 spot is expected to be bullish above 5750 with resistance at 5785, 5815 and weak below 5730 with supports at 5695, 5665 for the day ... Based on present market movement, Nifty spot would be in Bullishzone above 5740 and in Bearish zone below 5720 for Wednesday . Under normal circumstances, Nifty spot is expected to trade between 5795/ 5815 on the higher side and 5685 / 5665 on the Lower side.

After the recent Big range trading days, it was relatively a quiet day with narrow movements and Nifty managed to close in the green with a small gain of 10 points, nearer to the upper end of the day suggesting further recovery. Nifty would come out of the Bear grip if it closes above 5875 and on the down side it is expected to get strong support between 5650 and 5675.

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

Tuesday, April 19, 2011

Midsession Better .... Closing Subdued ….!!!

Astro Technical Guide for Tuesday, 19.04.2011 ::

Astro Info:: Tithi :: Chaitra Bahula Vidiya; Day :: Tuesday ; Nakshatra :: Swathi upto 10.10am; Visakha thereafter (Moon in Libra) .
Persons born in Aswini, Makha and Moola constellations and Scorpio and Pisces zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day :: 10.10am; 11.20am; 12.05pm; 2.15pm;

Likely Intraday Trend for 19.04.2011::
On the basis of planetary position and aspects amongst planets, After Opening (subdued / weak), Market is generally expected to remain steady with recovery in midsession particularly after 11.20am (11.20 to 12.20 sensitive / crucial) and may become subdued towards close of the day.
Due to Mars and Mercury conjunction this day, market can form a temporary bottom also.
Tech stocks are expected to be subdued.

Astro Technical Trading Strategy for the day :: After 11.30am, if Nifty fut trades above Average Traded Price by about 10 points, Long positions may be taken with a stop loss of about 10 points below Average Traded Price and such positions may be closed by 1.30pm. (Intraday long positions are against the short term trend and need to closely monitored). After 2 pm, if Nifty fut trades below Average Traded Price by about 10 points, short positions can be taken with a stop loss of 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 spot is expected to be bullish above 5740 with resistance at 5775, 5805 and weak below 5718 with supports at 5685, 56545 for the day ... Based on present market movement, Nifty spot would be in Bullishzone above 5845 and in Bearish zone below 5800 for Tuesday . Under normal circumstances, Nifty spot is expected to trade between 5785/ 5805 on the higher side and 5675 / 5655 on the Lower side.

After smart rise in the First hour , market fell sharply after 11 am to break previous week’s low and also closed below last week’s low signifying further weakness. There is a strong support in the region of 5665 and if it closes below this level, it can also fall sharply, technically. Astrologically, it might form a temporary bottom this week (on Tuesday or Wednesday) to recover once again. However, Nifty would get into Bullish zone for this month only when it closes above 5900.

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

Monday, April 18, 2011

Volatile Movements …!!!

Astro Technical Guide for Monday, 18th April, 2011 and general outlook for the week:: Astro Info::Tithi :: Chaitra Bahula Padyami ;Day :: MondayNakshatra :: Chitta upto 12.55pm and Swathi thereafter (Moon in Libra ) ; Persons born in Pushyami. Anuradha and Uttarabhadra are advised to be alert in the forenoon and those born in Aslesha, Jyeshta and Revathi are advised to be alert in the afternoon and persons born in Scorpio and Pisces Zodiac signs are advised to be alert in their dealings. Astro Technical Position for the week :: Nifty moved in a range of more than 3% during the week and closed nearly flat for the week with a nominal loss . Technically, Market is correcting for the smart rise it had from 5350 to 5950 during March. Astrologically, New Solar Month / Year commenced on 14th April and it appears to be generally Bullish. However, during the week, Mars and Mercury conjunction on 19th April is a matter of concern and later in the week, Markets might improve. Any further correction from the present level can be utilized for Buying as Market is in general uptrend and present technical setup suggests further rise upto 6100 during May 2011. Mercury , presently retrograde, would be moving into direct motion on April 23 which might give further fillip to the market. Fundamentally, Markets would be driven by Q4 results which season did not commence on a positive note as Infosys disappointed the market and had lost a whopping 10% on the results day. Considering Astro , Technical and Fundamental factors, market appears to be in a state of uncertain zone and scrip specific movement is most likely due to results season . Bank stocks might steal the show during the week. Considering macro and global factors (such as Crude oil price) a runaway move can not be expected as market is fairly valued . Technically, Nifty would become weak below 5750 in the first half of the week and below 5800 in the second half of the week. Technical Levels for the week :: Nifty (spot) is strong above 5850 with resistance around 5945, 6020 and weak below 5790 with supports around 5700, 5625 for the week. Based on present market movement, Nifty would be in bullish zone above 5870 and in bearish zone below 5830 during the week . Under normal circumstances, Nifty is expected to trade between 5980 / 6020 on the higher side and between 5670 / 5635 on the lower side during the week. WD Gann’s natural numbers which would act as natural support and resistance are :: 5663, 5739, 5815 , 5891, 5908, 6046, 6124 during the week. Sensitive / Trend change Timings for the day :: 9.25am; 12.55pm; 2.20pm; Intraday Trend for 18.04.11 ( 9.30 to 10.30 Sensitive … !!! ) On the basis of planetary position , Generally, Opening hour upto 10.30 is crucial / sensitive and market is expected to have zigzag movement with better time between 1 and 2.30 . Cement and Steel stocks are expected to be generally subdued while Infra , Realty stocks could be volatile. Astro Technical Trading Strategy for the day :: After 1pm, if Nifty fut trades above Average Traded Price by about 10 points, long positions can be taken with a stop loss of 10 points below Average Traded Price and such positions may be closed before 3 pm. Technical Levels for the day :: Nifty Futures would be bullish above 5835 with resistance around 5870, 5900 and weak below 5810 with supports around 5775, 5745 for the day. Nifty would be in Bullish zone above 5875 and would be in Bearish zone below 5850 for Monday. Under normal circumstances, Nifty is expected to trade between 5880/ 5900 on higher side and 5765/ 5750 on Lower side . 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. Note ::Intraday trend given above is relative and based purely on the basis of planetary positions and aspects and needs to be understood and applied depending on the 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. Creator only knows what is going to happen and astrologer can only indicate what is likely to happen . Whether Stock market is suitable or not is determined based on Individual natal chart and that would be helpful to determine one’s favourable / unfavourable period . Trade only with stop loss.. Stay Disciplined for Prosperous Investing and Trading.. Dr B Amaranatha Sastry

Wednesday, April 13, 2011

Midsession Subdued …. .. !!!

Astro Technical Guide for Wednesday, 13.04.2011 :: Astro Info:: Tithi :: Chaitra Sukla Dasami ; Day :: Wednesday ; Nakshatra :: Aslesha (Moon in Cancer) . 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 :: 9.25am; 12.25pm; 1.40am; 3.05pm; Likely Intraday Trend for 13.04.2011 :: On the basis of planetary position and aspects amongst planets, After Opening, Market is generally expected to remain better and remain generally subdued from 12.40 to 2.40 and may recover thereafter. (1,40 to 2.40 is sensitive / crucial ). FMCG / Entertainment stocks may remain subdued while Communication / Bank stocks may remain better. Astro Technical Trading Strategy for the day :: After 9.30am, if Nifty futures trades above Open Level, Long positions can be taken with Low level as stop loss and such positions may be closed between 12 and 12.3pm., (Intraday long positions are against Short term trend and hence need to be closely monitored). After 12.30pm , if Nifty fut trades below Average Traded Price by about 10 points, Short positions can be taken with a stop loss of about 10 points above Average Traded Price and such positions may be closed by about 2.30pm., 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 spot is expected to be bullish above 5795 with resistance at 5830, 5860 and weak below 5770 with supports at 5735, 5710 for the day ... Based on present market movement, Nifty spot would be in Bullishzone above 5810 and in Bearish zone below 5795 for Wednesday . Under normal circumstances, Nifty spot is expected to trade between 5840/ 5860 on the higher side and 5730 / 5710 on the Lower side. Nifty traded in the negative zone throughout the day in a narrow range and closed below 5800 signalling confirmed short term weakness. Current week is generally bearish as long as it trades below 5850 and market is expected to have zigzag movements and any rise upto 5850 may be utilized to take short positions with 5900 as stop loss (on close basis). 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

Monday, April 11, 2011

Cautiousness Advised …!!!

Astro Technical Guide for Monday, 11th April, 2011 and general outlook for the week:: Astro Info::Tithi :: Chaitra Sukla Ashtami ;Day :: MondayNakshatra :: Punarvasu (Moon in Gemini) ; Persons born in Aswini, Makha and Moola and persons born in Cancer and Scorpio Zodiac signs are advised to be alert in their dealings. Astro Technical Position for the week :: Nifty moved in a narrow range for the week and closed nearly flat for the week with a gain of less than half a percent, nearer to the lower end for the week suggesting further weakness below the current week’s Low level. Technically, current week’s movement is important and Initial weakness has set in as Nifty has closed below 5850 and weakness would be confirmed when it goes below 5800. Astrologically, present Mercury Retro (Market expected to have zigzag movement with initial rise and fall in the later half) and Mars and Mercury conjunction on April 19th are the factors suggesting further weakness. Further , there are Two trading Holidays during the week and volumes / active could remain subdued . Results season also would be starting this season and considering macro factors, results may not be so encouraging . However, liquidity / aggressive buying from FIIs is the only factor which can push up the market Hence, considering the current week market from Astro, Technical and Fundamental factors, strategy should be cautious to bearish view. From Short term point of view, short positions may be considered with 5950 as stop loss on closing basis . Correction, if sets, can take the market to around 5700 levels. However, Medium term is bullish as long as Nifty trades above 5555. Technical Levels for the week :: Nifty (spot) is strong above 5870 with resistance around 5965, 6040 and weak below 5810 with supports around 5720, 5645 for the week. Based on present market movement, Nifty would be in bullish zone above 5900 and in bearish zone below 5870 during the week . Under normal circumstances, Nifty is expected to trade between 5955 / 5990 on the higher side and between 5725 / 5690 on the lower side during the week. WD Gann’s natural numbers which would act as natural support and resistance are :: 5663, 5739, 5815 , 5891, 5908, 6046, 6124 during the week. Sensitive / Trend change Timings for the day :: 10.30am; 11.50am; 2.50pm; Intraday Trend for 11.04.11 ( Closing Subdued… !!! ) On the basis of planetary position , Generally, Market is expected to remain generally better in the Opening session and sideways in midsession and may become subdued towards close of the day . Time from 11.50 to 12.45 is crucial / sensitive. Entertainment, FMCG stocks may remain better while Bank, communication, tech stocks may remain subdued. Astro Technical Trading Strategy for the day :: After 2pm, if Nifty fut trades below Average Traded Price by about 10 points, short positions can be taken with a stop loss of 10 points above Average Traded Price and such positions may be closed by end of the day. Technical Levels for the day :: Nifty Futures would be bullish above 5855 with resistance around 5890, 5920 and weak below 5830 with supports around 5795, 5765 for the day. Nifty would be in Bullish zone above 5890 and would be in Bearish zone below 5865 for Monday. Under normal circumstances, Nifty is expected to trade between 5900/ 5920 on higher side and 5785/ 5765 on Lower side . 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.Note ::Intraday trend given above is relative and based purely on the basis of planetary positions and aspects and needs to be understood and applied depending on the 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. Creator only knows what is going to happen and astrologer can only indicate what is likely to happen . Whether Stock market is suitable or not is determined based on Individual natal chart and that would be helpful to determine one’s favourable / unfavourable period .Trade only with stop loss.. Stay Disciplined for Prosperous Investing and Trading.. Dr B Amaranatha Sastry

Friday, April 8, 2011

Volatile / Zigzag Movement .. !!!

Astro Technical Guide for Friday, 08.04.2011 :: Astro Info:: Tithi :: Chaitra Sukla Panchami ; Day :: Friday ; Nakshatra :: Rohini (Moon in Taurus) . Persons born in Punarvasu, Visakha and Poorvabhadra constellations and Gemini and Libra zodiac signs are advised to be alert in their dealings. Sensitive / Trend change Timings for the day :: 10.35am; 11.30am; 12.45pm; 3.00pm; Likely Intraday Trend for 08.04.2011 :: On the basis of planetary position and aspects amongst planets, After Opening, Market is generally expected to remain steady /better till 10.35am and become subdued thereafter to again recover from 12.45 to become suddued towards close of the day (after 3 pm). FMCG, Entertainment stocks are expected to be subdued while Cement, Steel and Mining stocks could remain better Astro Technical Trading Strategy for the day :: After 12.45pm , if Nifty fut trades above Average Traded Price by about 10 points, Long positions may be taken with a stop loss of about 10 points below Average Traded Price and such positions may be closed by 2.45pm., 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 spot is expected to be bullish above 5898 with resistance at 5933, 5963 and weak below 5874 with supports at 5855, 5840, 5810 for the day ... Based on present market movement, Nifty spot would be in Bullishzone above 5892 and in Bearish zone below 5880 for Friday . Under normal circumstances, Nifty spot is expected to trade between 5943/ 5963 on the higher side and 5829 / 5809 on the Lower side. Market traded in a narrow range and closed with a minor loss of 6 points below 5900. Market is exhibiting sideways movement and would become weak only if Nifty closes below 5850. 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

Thursday, April 7, 2011

Generally Better …. High Degree of Caution at Higher Levels .. !!!

Astro Technical Guide for Thursday, 07.04.2011 :: Astro Info:: Tithi :: Chaitra Sukla Chavithi ; Day :: Thursday ; Nakshatra :: Kritiika (Moon in Taurus) . Tithi and Day combination is generally not auspicious. Persons born in Aardra, Swathi and Sathabhisham constellations and Gemini and Libra zodiac signs are advised to be alert in their dealings. Sensitive / Trend change Timings for the day :: 11.40am; 3.00pm; Likely Intraday Trend for 07.04.2011 :: On the basis of planetary position and aspects amongst planets, After Opening, Market is generally expected to remain better (either from Opening or from 9.30am) and generally remain better with occasional sudden falls at times and may fall towards last 30 minutes. Cement and Oil stocks may remain subdued. Astro Technical Trading Strategy for the day :: After 9.30am , if Nifty fut trades above High Level recorded till then, long positions may be taken with Low level as stop loss and such positions may be closed by about 2.45pm., (Any sudden fall may be utilized for Buying and frequent profit booking on good rise is suggested). 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 spot is expected to be bullish above 5905 with resistance at 5940, 5970 and weak below 5880 with supports at 5845, 5815 for the day ... Based on present market movement, Nifty spot would be in Bullishzone above 5915 and in Bearish zone below 5895 for Thursday . Under normal circumstances, Nifty spot is expected to trade between 5950/ 5970 on the higher side and 5835 / 5815 on the Lower side. After initial rise upto 10am, Nifty fell sharply till 11am to records Day’s low level and traded side ways thereafter to close below 5900 with nominal loss of 18 points, the only double digit loss points in the last 13 trading sessions. While Nifty can be expected to achieve the target of about 6000 , stop loss may be maintained at 5825 (on close basis). Since target is nearly achieved, fresh long positions may be avoided. 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

Wednesday, April 6, 2011

First Half Better …. Second Half Subdued... !!!

Astro Technical Guide for Wednesday, 06.04.2011 :: Astro Info:: Tithi :: Chaitra Sukla Thadiya ; Day :: Wednesday ; Nakshatra :: Bharani i (Moon in Aries) . Persons born in Mrigasira, Chitta and Dhanishta constellations and Taurus and Virgo zodiac signs are advised to be alert in their dealings. Sensitive / Trend change Timings for the day :: 10.45am; 12.50pm; 3.10pm; Likely Intraday Trend for 06.04.2011 :: On the basis of planetary position and aspects amongst planets, After Opening, Market is generally expected to remain better till about 11am and may slowly become subdued thereafter. Cement and Tech stocks may remain subdued. Astro Technical Trading Strategy for the day :: After 9.30am , if Nifty fut trades above High Level recorded till then, long positions may be taken with Low level as stop loss and such positions may be closed by 11am. After 1.30pm, if Nifty fut trades below Average Traded Price by about 10 points, short positions may be taken with stop loss of about 10 points above Average Traded Price and such positions may be closed by end of the day. (Intraday short positions is against the main trend and need to be closely monitored. ). 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 spot is expected to be bullish above 5922 with resistance at 5957, 5985 and weak below 5897 with supports at 5862, 5835 for the day ... Based on present market movement, Nifty spot would be in Bullishzone above 5900 and in Bearish zone below 5885 for Wednesday . Under normal circumstances, Nifty spot is expected to trade between 5965/ 5985 on the higher side and 5850 / 5835 on the Lower side. Market experienced see- saw movements with weak trend in the first half of the day and a general recovery in the second half to close flat for the day. While Nifty can be expected to achieve the target of 6000 – 6025, stop loss may be maintained at 5800 (on close basis). 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

Tuesday, April 5, 2011

Volatile Movements …. Closing Time Crucial... !!!

Astro Technical Guide for Tuesday, 05.04.2011 :: Astro Info:: Tithi :: Chaitra Sukla Vidiya ; Day :: Tuesday ; Nakshatra :: Aswini (Moon in Aries) . Day and Nakshatra Combination is Bullish…. Persons born in Rohini, Hastha and Sravana constellations and Taurus and Virgo zodiac signs are advised to be alert in their dealings. Sensitive / Trend change Timings for the day :: 9.55am; 11am; 12.50pm; 1.20pm; 2.00pm; 3.10pm; Likely Intraday Trend for 05.04.2011 :: On the basis of planetary position and aspects amongst planets, After Opening, Market is generally expected to remain volatile with out clear trend and may give a clear direction towards close of the day (last 30 minutes, which time is sensitive / crucial). Astro Technical Trading Strategy for the day :: After 9.30am , if Nifty fut trades above High Level recorded till then, long positions may be taken with Low level as stop loss and such positions may be closed by en dof the day. (In view of the likely uncertain trend, constant trailing of stop loss is advised. ) 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 spot is expected to be bullish above 5920 with resistance at 5955, 5985 and weak below 5895 with supports at 5880, 5860, 5830 for the day ... Based on present market movement, Nifty spot would be in Bullishzone above 5885 and in Bearish zone below 5865 for Tuesday . Under normal circumstances, Nifty spot is expected to trade between 5965/ 5985 on the higher side and 5850 / 5830 on the Lower side. After subdued trend in the initial hours, Nifty went up sharply after 12 pm and closed near day high with a gain of about 80 points, a gain of nearly 550 in the last 9 trading sessions. Nifty appears to be nearing the target of about 6000 from where a reasonable retracement can be expected. Hence, short term Investors / traders are advised to be cautious around 6000 levels . Fresh long positions may be avoided around 6000 (unless the level is taken out effortlessly) and trailing stop loss of about 5800 may be maintained for existing long positions. 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

Monday, April 4, 2011

Further Rise…!!!

Astro Guide for the New Lunar Year, “KHARA” :: New Lunar Year, Khara, would be commencing from 4th April 2011 in Libra Lagna with Rahu in Sagittarius, Venus in Aquarius, Sun, Moon, Jupiter, Mars, Mercury in Pisces, Ketu in Gemini and Saturn in Virgo . From Astrological perspective, Stock market would witness volatile movements during the year with Bullish Bias with Better time till about August and correction thereafter till end of the year and again rise in 2012 March. Considering transiting planetary positions, and correlating with India’s natal chart, following are the month wise sensitive dates :: April :: 19th; May :: 8, 13, 20, 21, 26; ; June :: 3, 6, 15, 23, :: July :: 7, 14, 30 August :: 1, 18, 21, 31; September :: 9, 12, 17, 27 ; October :: 7, 12, 29 November :: 8, 12,15, 23,29; December :: 12, 18,29; January :: 11,16,19,28 February 16, 23; March :: 12, 17; During the period from 4 to 24 April ; 3rd August to 27th August ; 24th November to 14th December will have dual / volatile movements with initial rise and fall or initial fall and rise thereafter; Period from 24th January 2012 to 14th April 2012 could be bullish with significant volatility. Overall, Market is expected to have better time in the beginning of Lunar year with Bearish time in the middle of the year , particularly September and October and again recover in 2012 First quarter. Telecom stocks are expected to be better after June 2011. Infra stocks may do better after November 2011. Power and Pharma stocks may do well during First quarter of 2012. Technically, Nifty is expected to be bullish above 5875 with resistance at 6145, 6345, 6665 and 7180 and Bearish below 5775 with Supports at 5555, 5300 , 5000 and 4500 for the year. Further Rise…!!! Astro Technical Guide for Monday, 4th April, 2011 and general outlook for the week:: Astro Info:: Tithi :: Chaitra Sukla Padyami ;Day :: MondayNakshatra :: Revathi (Moon in Pisces) ; Persons born in Krittika, Uttara and Uttarashadha and persons born in Aries and Leo Zodiac signs are advised to be alert in their dealings. Astro Technical Position for the week :: Market gained around 3% during the week aided by FII buying and short covering due to F&O expiry. Nifty crossed several resistances on its way up and appears set for further rise. Astrologically, New Lunar year, Khara , would be commencing from Monday and a separate note on Market outlook for the year is given. Mercury, planet for Trade, Business and Communication would be in its retrograde motion till 24th April and is expected to display dual movement with rise in First Half and fall in Second Half. Hence rise may be expected till about 15th and a correction thereafter when Results start coming in which may not be upto expectation due to general unfavourable factors. In this run up Nifty might go upto about 6050 from which point it could correct. Hence considering Astro , Technical and Fundamentals, further rise of about 3 – 4% can be expected in the coming Two weeks . Technically, Nifty becomes weak below 5750 in the first half of the week and below 5800 in second half of the week. Technical Levels for the week :: Nifty (spot) is strong above 5855 with resistance around 5950, 6025 and weak below 5795 with supports around 5750, 5700 for the week. Based on present market movement, Nifty would be in bullish zone above 5790 and in bearish zone below 5740 during the week . Under normal circumstances, Nifty is expected to trade between 5980 / 6020 on the higher side and between 5710 / 5675 on the lower side during the week. WD Gann’s natural numbers which would act as natural support and resistance are :: 5663, 5739, 5815 , 5891, 5908, 6046, 6124 during the week. Sensitive / Trend change Timings for the day :: 10.30am; 11.20am; 2.40pm; Intraday Trend for 04.04.11 ( First Half Better.. Closing Subdued… !!! ) On the basis of planetary position , Generally, Market is expected to remain better in the Forenoon session and may become subdued towards close of the day (after 1.00pm). Time from 2.15 to 3.15 is crucial / sensitive. Astro Technical Trading Strategy for the day :: After 9.30am, if Nifty fut trades above High level recorded till then, long positions can be taken with Low level as stop loss and such positions may be closed by about 1 pm., After 1.30 pm, if Nifty fut trades below Average Traded Price by about 10 points, 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. Intraday short positions are against the general trend of the market and hence need to be closely monitored. Technical Levels for the day :: Nifty Futures would be bullish above 5840 with resistance around 5870, 5900 and weak below 5815 with supports around 5795, 5775 for the day. Nifty would be in Bullish zone above 5942 and would be in Bearish zone below 5820 for Monday. Under normal circumstances, Nifty is expected to trade between 5885/ 5900 on higher side and 5790/ 5770 on Lower side . 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. Note ::Intraday trend given above is relative and based purely on the basis of planetary positions and aspects and needs to be understood and applied depending on the 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. Creator only knows what is going to happen and astrologer can only indicate what is likely to happen . Whether Stock market is suitable or not is determined based on Individual natal chart and that would be helpful to determine one’s favourable / unfavourable period . Trade only with stop loss.. Stay Disciplined for Prosperous Investing and Trading.. Dr B Amaranatha Sastry

Friday, April 1, 2011

12.30 to 1.30 Sensitive …... !!!

Astro Technical Guide for Friday, 01.04.2011 :: Astro Info:: Tithi :: Phalguna Bahula Trayodasi ; Day :: Friday ; Nakshatra :: Poorvabhadra (Moon in Aquarius ) . Persons born in Aswini, Makha and Moola constellations and Pisces and Cancer zodiac signs are advised to be alert in their dealings. Sensitive / Trend change Timings for the day :: 12.10pm; 3.10pm; Likely Intraday Trend for 01.04.2011 :: On the basis of planetary position and aspects amongst planets, After Opening, Market is generally expected to remain generally / better with sensitive time (inclined towards Bullishness) from 12.30 to 1.30pm and may become weak towards close of the day. (last 30 minutes). Astro Technical Trading Strategy for the day :: After 9.30am , if Nifty fut trades above High Level recorded till then, long positions may be taken with Low level as stop loss and such positions may be closed by about 3.45pm. 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 spot is expected to be bullish above 5845 with resistance at 5880, 5910 and weak below 5825 with supports at 5790, 5760 for the day ... Based on present market movement, Nifty spot would be in Bullishzone above 5840 and in Bearish zone below 5820 forFriday . Under normal circumstances, Nifty spot is expected to trade between 5895/ 5910 on the higher side and 5780 / 5760 on the Lower side. Nifty traded in positive zone with Bullish bias (with high intraday volatility) and closed with a gain of about 45 points , straight 8th day of Gain . Market was highly volatile on account of F&O expiry. Nifty corrected about 100 points from Intraday day high level which can considered as quite meaningful considering the extent of fall. Any significant correction should be used for Buying considering the bullishness in the market. Stop loss of 5750 / 5680 can be applied for Short term positions and 5550 for Medium Term positions. 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