Astro Technical Guide for Wednesday, 04.05.2011 ::
Astro Info:: Tithi :: Vaisakha Sukla Padyami upto 2.00pm; Day :: Wednesday ; Nakshatra :: Krittika (Moon in Aries and Taurus ) .
Persons born in Aardra, Swathi and Sathabhisham constellations and Gemini and Libra Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day :: 11am; 1.20pm; 2.30pm;
Likely Intraday Trend for 04.05.2011::
On the basis of planetary position and aspects amongst planets, After Opening , Market is generally expected to remain generally better for most part of the day and may become subdued towards close of the day.
Mining / Cement stocks may remain subdued towards close of the day.
Astro Technical Trading Strategy for the day :: After 9.30am, if Nifty futures trades above High level recorded till then, long positions can be taken with Low level as stop loss and such postions may be closed by about 2 pm. (Since intraday long positions are against the general short term trend of the market, high degree of caution is advised. )
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 5575 with resistance at 5610, 5640 and weak below 5555 with supports at 5520, 5495 for the day ... Based on present market movement, Nifty spot would be in Bullishzone above 5645 and in Bearish zone below 5615 for Wednesday . Under normal circumstances, Nifty spot is expected to trade between 5620/ 5640 on the higher side and 5510 / 5490 on the Lower side.
Nifty closed in deep red following RBI’s Monetary policy where in more than expected rate hike was announced. Nifty fell for the 7th day in succession and is temporarily, oversold zone and also close to strong support zone of 5555. Hence, a relief rally can be expected and considering present technical setup, any rise may be utilized to liquidate long positions . Nifty, already in short term weakness, would get into Medium term bearish zone if it closes below 5500.
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
Wednesday, May 4, 2011
Tuesday, May 3, 2011
Closing Subdued ….!!!
Astro Technical Guide for Tuesday, 03.05.2011 ::
Astro Info:: Tithi :: Chaitra Bahula Amavasya upto 12.20pm and Vaisakha Sukla Padyami thereafter ; Day :: Tuesday ; Nakshatra :: Bharani (Moon in Aries) .
Persons born in Mrigasira, Chitta and Dhanishta constellations and Taurus and Virgo Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day :: 9.50am; 11.10am; 12.20pm;1.20pm;
Likely Intraday Trend for 03.05.2011::
On the basis of planetary position and aspects amongst planets, After Opening , Market is generally expected to remain sideways / better and may remain better in the midsession but become subdued / bearish after 1.30pm.
PSU stocks are expected to be better in the forenoon session.
Astro Technical Trading Strategy for the day :: After 1.30pm, 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 5715 with resistance at 5745, 5775 and weak below 5690 with supports at 5655, 5625 for the day ... Based on present market movement, Nifty spot would be in Bullishzone above 5730 and in Bearish zone below 5710 for Tuesday . Under normal circumstances, Nifty spot is expected to trade between 5755/ 5775 on the higher side and 5645 / 5625 on the Lower side.
Market generally traded with negative bias through out the day and closed with a loss of about 50 points , six straight negative day in a row. Bank stocks were quite weak ahead of RBI Credit policy. Nifty is on the verge of breakdown from the narrow range of last month and it is to be seen whether Credit policy would save the market or not ?
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
Astro Info:: Tithi :: Chaitra Bahula Amavasya upto 12.20pm and Vaisakha Sukla Padyami thereafter ; Day :: Tuesday ; Nakshatra :: Bharani (Moon in Aries) .
Persons born in Mrigasira, Chitta and Dhanishta constellations and Taurus and Virgo Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day :: 9.50am; 11.10am; 12.20pm;1.20pm;
Likely Intraday Trend for 03.05.2011::
On the basis of planetary position and aspects amongst planets, After Opening , Market is generally expected to remain sideways / better and may remain better in the midsession but become subdued / bearish after 1.30pm.
PSU stocks are expected to be better in the forenoon session.
Astro Technical Trading Strategy for the day :: After 1.30pm, 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 5715 with resistance at 5745, 5775 and weak below 5690 with supports at 5655, 5625 for the day ... Based on present market movement, Nifty spot would be in Bullishzone above 5730 and in Bearish zone below 5710 for Tuesday . Under normal circumstances, Nifty spot is expected to trade between 5755/ 5775 on the higher side and 5645 / 5625 on the Lower side.
Market generally traded with negative bias through out the day and closed with a loss of about 50 points , six straight negative day in a row. Bank stocks were quite weak ahead of RBI Credit policy. Nifty is on the verge of breakdown from the narrow range of last month and it is to be seen whether Credit policy would save the market or not ?
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
Monday, May 2, 2011
Decisive Move This Week…!!!
Astro Technical Guide for Monday, 02nd May, 2011 and general outlook for the week::
Astro Info::Tithi :: Chaitra Bahula Amavasya ;Day :: MondayNakshatra :: Aswini (Moon in Aries ) ;
Persons born in Rohini, Hastha and Sravana and persons born in Taurus and Virgo Zodiac signs are advised to be alert in their dealings.
Astro Technical Position for the week ::Contrary to expectations, Nifty maintained negative bias through out the week and closed in the red on all the Five days and closed with a loss of more than 2% during the week , however, without breaking narrow monthly range. Nifty traded between 5700 and 5950 during the entire April and closed at 5750 and clear breakout or breakdown is to be expected this week which would set short term direction to the market. While Market has been trading in a narrow range, Astrologically new Lunar month commences this week which appears normally better with volatile movements (bearish bias) around May 21. RBI Credit policy to be announced on Tuesday May 3, might set the direction for the market. Bank stocks appear to be nervous ahead of credit policy despite better results posted by Banks. Astrologically, New Lunar month appears to be rather bullish . Technically, Breakout of the range appears imminent. Fundamentally, macro fundamentals such as Crude oil price, rising interest rates, inflations do not support to be positive for the market . Short term movements depend on Institutional funds flow which at present is not positive. Considering all the above, Market is at cross roads with certain positive and certain negative forces and in the short term is poised for decisive move this week. Further, May month , in Odd year, is usually positive for Markets and whether current year would be in line with usual trend or turns out to be an exceptions is to be seen?
Technically, Nifty close above 5850 in the first half if the week and above 5800 during second half of the week makes Nifty positive.
Technical Levels for the week :: Nifty (spot) is strong above 5780 with resistance around 5870, 5945 and weak below 5720 with supports around 5630, 5555 for the week. Based on present market movement, Nifty would be in bullish zone above 5830 and in bearish zone below 5790 during the week . Under normal circumstances, Nifty is expected to trade between 5865/ 5900 on the higher side and between 5635 / 5600 on the lower side during the week. WD Gann’s natural numbers which would act as natural support and resistance are :: 5588, 5663, 5739, 5815 , 5891, 5908, 6046, during the week.
Sensitive / Trend change Timings for the day :: 11.15am; 12.50pm; 1.30pm;
Intraday Trend for 02.05.11 ( First Half Subdued …. Second Half Better…. !!! )
On the basis of planetary position , Generally, After Opening Market is expected to remain generally subdued till about 11.20 and generally recover after 1.30pm.
PSU and Tech stocks could remain better.
Astro Technical Trading Strategy for the day :: After 9.30am, if Nifty fut trades below Open Price , short positions can be taken with high level as stop loss and such positions may be closed by 1.00pm. After 2pm, if Nifty fut trades above Average Traded Price by about 10 points, long positions can be taken with a stop loss of 10 points below Average Traded Price and such positions may be closed by end of the day. (Intraday long positions is against short term trend and need to be closely monitored).
Technical Levels for the day :: Nifty Futures would be bullish above 5762 with resistance around 5795, 5825 and weak below 5740 with supports around 5705, 5675 for the day. Nifty would be in Bullish zone above 5770 and would be in Bearish zone below 5750 for Monday. Under normal circumstances, Nifty is expected to trade between 5805/ 5825 on higher side and 5695/ 5675 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
Astro Info::Tithi :: Chaitra Bahula Amavasya ;Day :: MondayNakshatra :: Aswini (Moon in Aries ) ;
Persons born in Rohini, Hastha and Sravana and persons born in Taurus and Virgo Zodiac signs are advised to be alert in their dealings.
Astro Technical Position for the week ::Contrary to expectations, Nifty maintained negative bias through out the week and closed in the red on all the Five days and closed with a loss of more than 2% during the week , however, without breaking narrow monthly range. Nifty traded between 5700 and 5950 during the entire April and closed at 5750 and clear breakout or breakdown is to be expected this week which would set short term direction to the market. While Market has been trading in a narrow range, Astrologically new Lunar month commences this week which appears normally better with volatile movements (bearish bias) around May 21. RBI Credit policy to be announced on Tuesday May 3, might set the direction for the market. Bank stocks appear to be nervous ahead of credit policy despite better results posted by Banks. Astrologically, New Lunar month appears to be rather bullish . Technically, Breakout of the range appears imminent. Fundamentally, macro fundamentals such as Crude oil price, rising interest rates, inflations do not support to be positive for the market . Short term movements depend on Institutional funds flow which at present is not positive. Considering all the above, Market is at cross roads with certain positive and certain negative forces and in the short term is poised for decisive move this week. Further, May month , in Odd year, is usually positive for Markets and whether current year would be in line with usual trend or turns out to be an exceptions is to be seen?
Technically, Nifty close above 5850 in the first half if the week and above 5800 during second half of the week makes Nifty positive.
Technical Levels for the week :: Nifty (spot) is strong above 5780 with resistance around 5870, 5945 and weak below 5720 with supports around 5630, 5555 for the week. Based on present market movement, Nifty would be in bullish zone above 5830 and in bearish zone below 5790 during the week . Under normal circumstances, Nifty is expected to trade between 5865/ 5900 on the higher side and between 5635 / 5600 on the lower side during the week. WD Gann’s natural numbers which would act as natural support and resistance are :: 5588, 5663, 5739, 5815 , 5891, 5908, 6046, during the week.
Sensitive / Trend change Timings for the day :: 11.15am; 12.50pm; 1.30pm;
Intraday Trend for 02.05.11 ( First Half Subdued …. Second Half Better…. !!! )
On the basis of planetary position , Generally, After Opening Market is expected to remain generally subdued till about 11.20 and generally recover after 1.30pm.
PSU and Tech stocks could remain better.
Astro Technical Trading Strategy for the day :: After 9.30am, if Nifty fut trades below Open Price , short positions can be taken with high level as stop loss and such positions may be closed by 1.00pm. After 2pm, if Nifty fut trades above Average Traded Price by about 10 points, long positions can be taken with a stop loss of 10 points below Average Traded Price and such positions may be closed by end of the day. (Intraday long positions is against short term trend and need to be closely monitored).
Technical Levels for the day :: Nifty Futures would be bullish above 5762 with resistance around 5795, 5825 and weak below 5740 with supports around 5705, 5675 for the day. Nifty would be in Bullish zone above 5770 and would be in Bearish zone below 5750 for Monday. Under normal circumstances, Nifty is expected to trade between 5805/ 5825 on higher side and 5695/ 5675 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
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