Weekly Astro Guide (9.4.12 to 13.4.12)

Short Term Bullishness intact if Nifty holds above 5300 …..,!!!

Astro Technical Guide for Monday, 09th April, 2012 and
Generaloutlook for the week (09.04.2012 to 13.04. 2012)::


Astro Info:: Tithi :: Chaitra Bahula Thadiya; Day :: Monday;
Nakshatra :: Visakha (Moon in Libra and Scorpio ) ;Persons born in
Aswini, Makha and Moola and persons born in Scorpio and Pisces
Zodiac signs are advised to be
alert in their dealings.

Planetary Position :: During the current week Moon would be
transiting from Visakha in Libra to Uttara in Sagittarius and Sun
would be transiting in Revathi constellation ruled by Mercury. Mars continues
to
be in retrograde motion and in Cancer Navamsa and opposes Neptune. Further Venus and Ketu conjoin in Taurus opposed by Rahu and Moon in early part of the week.
Jupiter would move to Libra NAvamsa . Venus Ketu conjunction takes place on 10th. Considering the above, general Bullish momentum can be expected. Pluto would be turning retrograde during the week and Mars would be turning direct towards end of the week.

Astro Technical Position for the Week :: Market closed with a gain of about 0.5% in a truncated week with only 3 working days. Technically, Nifty needs to hold above 5300 and go past 5400 for the present short term uptrend to continue. US Fed statement that no stimulus package can dampen the prospects of immediate rise in the market but could soften commodity prices which in turn can lift the sentiment over a period of time. Q4 Results and RBI Policy can be expected to provide the necessary triggers besides Global cues. However, Short term trend can be expected to reverse if Nifty closes below 5275. However, technically, Nifty is in Short term Bullish trend, which is resumed after 5 weeks of correction and can be expected to continue. Further, last week’s of subdued movement usually paves way for very wide movement and technically it can be expected to be on the upper side.

In view of generally expected uptrend, Low 5275(on close basis) may be kept as stop loss and Long positions may be undertaken.


NIFTY :: 5323 (+28)

For the coming week, Nifty spot is expected to face resistance at
5400, 5470 and 4and find support at 5250, 5175, 5105.


Advice for Traders :: As Nifty closed in the positive for the Second Week in succession, it can be expected to continue the uptrend and hence, short term long positions can be continued with 5275 as stop loss. Further, if Nifty closes above 5400, further rise can be expected with minor pause around 5475.


WD Gann’s
natural numbers which would act as natural support and resistance are
::: 5149, 5221, 5293, 5366, 5440, 5514,5588,5663 during the week

Note ::Trend
given above is relative and based purely on the basis of planetary
positions and aspects and needs to be understoodand applied depending
on the market movement. Technical portion andastrological portion
given above should be considered together and applied for taking proper
trading decisions.

Disclaimer :: Intraday trading is risky and Astro
guidance is to beused as an additional tool in addition to technicals
and adapteddepending on intraday movements. Creator only knows what is
going tohappen and astrologer can only indicate what is likely to
happen .Whether Stock market is suitable or not is determined based
onIndividual natal chart and that would be helpful to determine
one’sfavourable / unfavourable period .

The Financial Astrologer Team
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