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

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