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