Thursday, March 4, 2010

FIRST HALF SUBDUED AND SECOND HALF BETTER !!!

Astro Technical Guide for Thursday , 04.03.2010::

Astro Info
:: Moon transits in Swathi ruled by Rahu and persons born in Pushyami, Aslesha, Jyeshta and Revathi and in Scorpio and Pisces Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day ::9.30am; 2.35pm;

Likely Intraday Trend for 04.03.2010::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady and is expected to remain subdued in first half of the day and may recover in second half of the day and particularly towards close of the day. Time from 1.20pm to 2.20pm is critical for the day.
Communications / Tech stocks are expected to be generally better.

Astro Technical Trading Strategy for the day :: After 1.00pm, if Nifty fut. Trades above Average Traded Price , long positions can be taken with a stop loss of about 20 points below Average price and such positions may be closed by end of the day.

Open level is important for intraday trading and intraday long positions are to be taken above Day’s open level only and vice versa.

Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty fut would be bullish above5090 with resistance around 5120, 5145 and bearish below 5185 with supports around 5070, 5040, 5015 and 4775 for the day ...
Based on present market movement, Nifty futures would be in Bullishzone above 5065and in Bearish zone below 5050 for Thursday .

Nifty fut could easily clear the important resistance level of 5065 and now would become bearish only below 5000 and is expected to face strong resistance around 5150 from short term perspective.

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 tobe used 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 .
Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry

Wednesday, March 3, 2010

VOLATILE MOVEMENTS INCLINED TOWARDS INTRADAY BEARISHNESS

Astro Technical Guide for Wednesday , 03.03.2010::

Astro Info:: Moon transits in Hastha ruled by Moon till 10.20am and in Chitta ruled by Mars thereafter and persons born in Pushyami, Anuradha and Uttarabahdra and in Libra and Aquarius Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day ::10.20am; 11.50am; 2.55pm;

Likely Intraday Trend for 03.03.2010::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady and is expected to have highly volatile movements inclined towards bearishness after 10.30am; Communications / Tech stocks are expected to be generally bearish.

Astro Technical Trading Strategy for the day :: After 12.00pm, if Nifty fut. Trades below Average Traded Price , short positions can be taken with a stop loss of about 20 points above Average price and such positions may be closed by end of the day. Since, market turned bullish, even intraday short position is also against the general trend and high risk traders also should resort to short position only with strict stop loss.

Open level is important for intraday trading and intraday short positions are to be taken below Day’s open level only and vice versa.

Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty fut would be bullish above5035 with resistance around 5065, 5090 and bearish below 5015 with supports around 4985, 4960 and 4920 for the day ...
Based on present market movement, Nifty futures would be in Bullishzone above 5010and in Bearish zone below 4990 for Wednes .

Nifty fut would become bearish only below 4925 and is expected to face strong resistance around 5065.

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 tobe used 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 .
Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry

Tuesday, March 2, 2010

FIRST HALF BETTER !! SECOND HALF WEAK !!!

Astro Technical Guide for Tuesday, 2nd March, 2010 and general outlook for the week::
Astro Info:: Moon transits in Uttara upto 12.30pm ruled by Sun and in Hastha thereafter ruled by Moon . Persons born in Punarvasu, Visakha and Poorvabhadra constellations and in Libra and Aquarius zodiac signs are advised to be alert in their dealings .
Astro Technical Position for the week :: During the week, Nifty gained on Friday on account of Budget and closed with a gain of about 1.5% for the week. Astrologically, current week is very crucial and Wednesday can reverse the trend and a big range day (mostly bearish). Caution is most important . If market closes in the negative territory this week, it can really pull down the market significantly. Wednesday should be watched carefully for any trend change. Astrologically, period from 5th to 17th March has 75% probability of being bearish. Saturn and Mars continue to be in retrograde positions which does not augur well for the market but Venus entry into Pisces is favourable for the market. Very short term traders who were advised to initiate long positions with close below 4800 as stop loss can continue long position with 4900 as stop loss. Technicaly, if current week closes in the positive , further upside is also possible Technically, 4900 and 5050 are quite crucial for the market and act as immediate strong support and resistance..
Technical Levels for the week :: Nifty is strong above 4950 with resistance around 5015, 5080 and weak below 4900 with supports around 4815, 4750 for the week.
Based on present market movement, Nifty would be in bullish zone above 4935 and in bearish zone below 4890 during the week . WD Gann’s natural numbers which would act as natural support and resistance are :: ,4727, 4796, 4866, 4936, 5077 during the week.
Sensitive / Trend change Timings for the day ::12.30pm; 1.30pm;
Trend for 02.03.10:: On the basis of planetary position, Market is expected to open steady / better and remain better in the first half and remain subdued / weak from 1.15pm to 3.15pm;
Astro Technical Trading Strategy for the day :: Any time after 1.00pm, if Nifty fut trades below Average Price by atleast 10 points , short positions can be taken with Day high as stop loss and such positions may be closed by 3.15pm. Open level is important below which only short positions may be taken and vice versa. Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above 4945 with resistance around 4975, 5005 and 5035 and bearish below 4920 with supports around 4890, 4860 and 4830 for the day. Based on present market position, Nifty fut would be in bullish zone above 4950 and in Bearish zone blow 4920 for Tuesday.
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 .
Trade only with stop loss..

Happy Trading..
Dr B Amaranatha Sastry