Volatile / Zigzag Movement .. !!!

Astro Technical Guide for Friday, 08.04.2011 :: Astro Info:: Tithi :: Chaitra Sukla Panchami ; Day :: Friday ; Nakshatra :: Rohini (Moon in Taurus) . Persons born in Punarvasu, Visakha and Poorvabhadra constellations and Gemini and Libra zodiac signs are advised to be alert in their dealings. Sensitive / Trend change Timings for the day :: 10.35am; 11.30am; 12.45pm; 3.00pm; Likely Intraday Trend for 08.04.2011 :: On the basis of planetary position and aspects amongst planets, After Opening, Market is generally expected to remain steady /better till 10.35am and become subdued thereafter to again recover from 12.45 to become suddued towards close of the day (after 3 pm). FMCG, Entertainment stocks are expected to be subdued while Cement, Steel and Mining stocks could remain better Astro Technical Trading Strategy for the day :: After 12.45pm , if Nifty fut trades above Average Traded Price by about 10 points, Long positions may be taken with a stop loss of about 10 points below Average Traded Price and such positions may be closed by 2.45pm., 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 5898 with resistance at 5933, 5963 and weak below 5874 with supports at 5855, 5840, 5810 for the day ... Based on present market movement, Nifty spot would be in Bullishzone above 5892 and in Bearish zone below 5880 for Friday . Under normal circumstances, Nifty spot is expected to trade between 5943/ 5963 on the higher side and 5829 / 5809 on the Lower side. Market traded in a narrow range and closed with a minor loss of 6 points below 5900. Market is exhibiting sideways movement and would become weak only if Nifty closes below 5850. 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