Astro Technical Guide for Tuesday , 06.04.2010 ::
Astro Info:: Moon transits in Poorvashadha ruled by Venus and persons born in Mrigasira, Chitta and Dhanishta and in Capricorn and Taurus Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day:: 10.10am; 12.10pm; 2.00pm;
Likely Intraday Trend for 06.04.2010::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady and remain subdued till 10.00am and may recover from 10.00am and to exhibit volatile / erratic movements. PSU stocks are expected to be subdued. Crucial period from Today till 16.4.10 begins and whenever, today’s low level is broken, short position may be taken with today’s high level as stop loss.
Astro Technical Trading Strategy for the day :: Since highly volatile / erratic movements are expected, Open level / Average Traded price may be kept as reference and appropriate trading strategy may be devised.
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 above5376 with resistance around 5410, 5435 and bearish below 5355 with supports around 5320, 5295 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5355 and in Bearish zone below 5340 for Friday .
Nifty made a new 52 week high and closed at the highest level. Technically, Nifty would become weak only below 5275 and neutral below 5320. Technically, Nifty would continue to be bullish as long as it maintains above 5320.
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. 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..
Happy Trading..
Dr B Amaranatha Sastry
Tuesday, April 6, 2010
Monday, April 5, 2010
"CAUTION ",the buzz word !!!
Astro Technical Guide for Monday, 5th April, 2010 and general outlook for the week::
Astro Info:: Moon transits in Moola ruled by Ketu . Persons born in Rohini, Sravanam and Hastha constellations and in Capricorn and Taurus zodiac signs are advised to be alert in their dealings .
Astro Technical Position for the week :: During the week, Nifty closed flat for the week and continued its upward march for the 8th consecutive week. It has been moving in a narrow range for the past Two weeks and ended indecisively for the week forming a Doji pattern technically. FIIs continue to be net buyers and global and domestic cues continue to be positive. Since Quarterly / Annual results season is about to kick off from the next week, economic fundamentals appearing to be bright, markets should do well fundamentally and technically. While markets are expected to be generally good in the medium to long term, nature of the market is generally to discount the future in advance and to surprise the market participants in the short term. Astrologically, tough period is ahead in the coming weeks and sizeable correction is to be expected over the next One month with possibility being around 16th April and again in First week of May. Hence caution is advised and whenever, technically, market becomes weak, better to exit long positions and to reenter after correction.
Technically, Nifty would turn nervous only when it closes below 5250 and generally strong above 5300 and in neutral range between 5250 and 5300. Keeping these levels in view, appropriate strategies are to be worked out.
Technical Levels for the week :: Nifty is strong above 5315 with resistance around 5400, 5470 and weak below 5265 with supports around 5180, 5110 for the week.Based on present market movement, Nifty fut would be in bullish zone above 5305 and in bearish zone below 5285 during the week . WD Gann’s natural numbers which would act as natural support and resistance are :: 5077, 5149, 5221, 5293, 5366 and 5440 during the week.
Sensitive / Trend change Timings for the day ::10.45am; 2.25pm;
Trend for 05.04.10:: On the basis of planetary position, Market is expected to open steady/ better and generally remain subdued in the first half of the day and may exhibit volatile movements (mostly inclined towards bullishness) in the second half of the day.
Communication, Entertainment / FMCg stocks are expected to be better while Pharma , power stocks may remain subdued.
Astro Technical Trading Strategy for the day :: After 10.00am, if Nifty fut trades below Average traded price and Open Price, short positions can be taken with Day high as stop loss and such positions can be closed by 12.30pm . After 1.00pm, if Nifty fut trades above Average Traded Price , long positions can be taken with a stop loss of about 10 points below Average Price and such positions can be closed by end of the day.
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 5310 with resistance around 5340, 5370 and bearish below 5290 with supports around 5260, 5230 for the day.
Based on present market position, Nifty fut would be in bullish zone above 5305 and in Bearish zone blow 5290 for Monday.
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..
Happy Trading..
Dr B Amaranatha Sastry
Astro Info:: Moon transits in Moola ruled by Ketu . Persons born in Rohini, Sravanam and Hastha constellations and in Capricorn and Taurus zodiac signs are advised to be alert in their dealings .
Astro Technical Position for the week :: During the week, Nifty closed flat for the week and continued its upward march for the 8th consecutive week. It has been moving in a narrow range for the past Two weeks and ended indecisively for the week forming a Doji pattern technically. FIIs continue to be net buyers and global and domestic cues continue to be positive. Since Quarterly / Annual results season is about to kick off from the next week, economic fundamentals appearing to be bright, markets should do well fundamentally and technically. While markets are expected to be generally good in the medium to long term, nature of the market is generally to discount the future in advance and to surprise the market participants in the short term. Astrologically, tough period is ahead in the coming weeks and sizeable correction is to be expected over the next One month with possibility being around 16th April and again in First week of May. Hence caution is advised and whenever, technically, market becomes weak, better to exit long positions and to reenter after correction.
Technically, Nifty would turn nervous only when it closes below 5250 and generally strong above 5300 and in neutral range between 5250 and 5300. Keeping these levels in view, appropriate strategies are to be worked out.
Technical Levels for the week :: Nifty is strong above 5315 with resistance around 5400, 5470 and weak below 5265 with supports around 5180, 5110 for the week.Based on present market movement, Nifty fut would be in bullish zone above 5305 and in bearish zone below 5285 during the week . WD Gann’s natural numbers which would act as natural support and resistance are :: 5077, 5149, 5221, 5293, 5366 and 5440 during the week.
Sensitive / Trend change Timings for the day ::10.45am; 2.25pm;
Trend for 05.04.10:: On the basis of planetary position, Market is expected to open steady/ better and generally remain subdued in the first half of the day and may exhibit volatile movements (mostly inclined towards bullishness) in the second half of the day.
Communication, Entertainment / FMCg stocks are expected to be better while Pharma , power stocks may remain subdued.
Astro Technical Trading Strategy for the day :: After 10.00am, if Nifty fut trades below Average traded price and Open Price, short positions can be taken with Day high as stop loss and such positions can be closed by 12.30pm . After 1.00pm, if Nifty fut trades above Average Traded Price , long positions can be taken with a stop loss of about 10 points below Average Price and such positions can be closed by end of the day.
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 5310 with resistance around 5340, 5370 and bearish below 5290 with supports around 5260, 5230 for the day.
Based on present market position, Nifty fut would be in bullish zone above 5305 and in Bearish zone blow 5290 for Monday.
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..
Happy Trading..
Dr B Amaranatha Sastry
Thursday, April 1, 2010
FIRST HALF SUBDUED !! SECOND HALF BETTER !!!
Astro Info:: Moon transits in Sathabhisham ruled by Rahu and persons born in 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; 11.30am;3.00pm;
Likely Intraday Trend for 01.04.2010::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady and after remain subdued in the opening hours may recover after 11.30am and may become nervous towards close of the da(after3.00pm).
PSU stocks are likely to be subdued. Bank stocks are expected to be better.
Astro Technical Trading Strategy for the day :: After 11.30am, if Nifty futures trades above Average Traded Price and Open price, long positions can be taken with day low as stop loss (stop loss may be trailed occasionally depending on real market position) and such positions may be closed by about 3.00pm.
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 would be bullish above5275 with resistance around 5310, 5335 and bearish below 5250 with supports around 5220, 5195 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5276 and in Bearish zone below 5260 for Thursday .
Nifty closed above the support level and close below 5235 makes it weaker while close above 5300 would make it regain the strength. Because of long weekend , some nervousness may be seen towards close of the day.
If Nifty closes lower than 5235, next supports are at 5175 and 5050 .
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. 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 .
Subscribe to:
Posts (Atom)
