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