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