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