Wednesday, September 30, 2009

Volatile with Bearish Bias ::

Astro Technical Guide for Wednesday, 30.9.09::

Astro Info:: Moon transits in Dhanishta constellation ruled by Mars and persons born in Pushyami, Anuradha and Uttarabhadra in Aquarius and Gemini zodiac signs are advised to be alert in theirdealings.

Sensitive / Trend change Timings for the day :: 10.20am; 11.35am; 12.35pm;

Likely Intraday Trend for 30.09.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open subdued and generally remain subdued / weak for most part of the day.
Oil stocks could be better while most other sectors such as PSU, Communication, Cement / Steel, Bank stocks are expected to be subdued / weak.

Astro Technical Trading Strategy for the day ::If Nifty futures trades below low level recorded upto 10.30am any time after 10.45am, short positions can be taken with day high as strict stop loss. Long positions may be generally avoided if Nifty futures breaks 4970.
Open level is very important , above which level only intraday long positions may be maintained and vice versa.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above5010 with resistance around 5040, 5065 and 5105 and bearish below 4990with supports around 4960, 4935 , and 4895 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5010 and in Bearish zone below 4990 for Wednesday.


Technical portion and astrological portion given above shouldbeconsidered together and applied for taking proper trading decisions.

Disclaimer :: Intraday trading is risky and Astro guidance is tobeused 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, September 29, 2009

Volatile Movements and Recovery at Close ::

Astro Technical Guide for Tuesday, 29th September, 2009 ::


Astro Info:: Moon transits in Sravanam constellation ruled by Moon . Persons born in Punarvasu, Visakha and Poorvabhadra constellations and in Aquarius and Gemini zodiac signs are advised to be alert in their dealings.

Astro Technical Position for the week :: Nifty has remained in a narrow range with mild bearishness last week. Current week is a truncated with only 3 working days. Intraday volatility continues to be low signifying lack of trader’s interest and impending major move either side. Mercury resumes direct motion from 30th September. Considering planetary position and aspects market is expected to move in a narrow range with bearish bias during the current week. Astrologically, 30th September is important during the week for trend change.

Weekly Technical Levels :: Nifty is strong above 4990 with resistance around 5070, 5135 and weak below 4940 with supports around 4860 , 4795 for the week. Based on present market movement, Nifty would be in bullish zone above 5000 and in bearish zone below 4960 for the week . WD Gann’s natural numbers which would act as natural support and resistance are :: 4866, 4936, 5006, 5077, 5149 during the week.

Nifty becomes bearish below 4900 and bullish above 5050.

Sensitive / Trend change Timings for the day :: 12.15pm; 2.15pm; 3.00pm;

Likely Intraday Trend for 29.09.09::

On the basis of planetary position and the aspects amongst planets, Market is expected to open steady/ better and remain generally better and become weak from 12.15 pm to 2.15pm and again recover towards close of the day. After 3.00pm)

PSU and Bank stocks are expected to be better while Media, Entertainment, Cement and Steel stocks are expected to be subdued.


Astro Technical Trading Strategy for the day :: If Nifty futures is trading below first half an hour (10.30am) low and day’s average traded price by 12.15pm, short positions can be considered with a stop loss of about 20 points above Day’s average traded price and such short positions to be closed by about 2.15pm. Market is eagain expected to recover thereafter. (High risk traders can consider long positions with a nominal stop loss for the last 45 minutes of the day.)
Stop loss is a must for intraday trading.

Technical Levels for the day:: Nifty Futures would be bullish above 4975 with resistance around 5005, 5030 and 5070 and bearish below 4955with supports around 4925 , 4900nand 4860 for the day..
.
Technical portion and astrological portion given above should be considered together and applied for taking proper trading decisions.

There is resistance around 5010 and strong support in the region of 4930 for Nifty.


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

Thursday, September 24, 2009

Subdued Midsession and Recovery at Close ::

Astro Technical Guide for Friday, 25.9.09::

Astro Info:: Moon transits in Jyeshta constellation ruled by Mercury and persons born in Krittika , Uttara and Uttarashadha and in Sagittarius and Aries zodiac signs are advised to be alert in theirdealings.

Sensitive / Trend change Timings for the day :: 11.30am; 12.30pm ; 2.35pm

Likely Intraday Trend for 25.09.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady / subdued and remain steady / better and expected to experience volatile movements from 11.30pm to 12.30pm and may remain steady / subdued from 12.30pm and recover towards close of the day.
Oil stocks are expected to be better while Communication, Cement, Steel and Technology stocks are expected to be volatile ( inclined towards bearishness)

Astro Technical Trading Strategy for the day ::If Nifty futures trades above Open level, long positions may be taken around 11.00am with stop loss level of low recorded upto 10.30am, and such long positions may be closed by about 12.30pm. From 12.30pm to 2.30pm market is expected to be sideways to bearish and depending on market movement appropriate strategy may be adopted. After 2.40pm, Nifty futures trades atleast 10 points above Day’s average Traded price, long positions can be taken with a stop loss of about 25 points and such positions to be closed by end of the day.
Open level is very important , above which level only intraday long positions may be maintained and vice versa.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above5010 with resistance around 5040, 5065 and 5105 and bearish below 4990with supports around 4960, 4935 , and 4895 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 4975 and in Bearish zone below 4955 for Friday.

New F&O series commences from today and today’s open level is important for this series and as long as Nifty futures trades above today’s Open level market can be taken as bullish and vice versa..

Technical portion and astrological portion given above shouldbeconsidered together and applied for taking proper trading decisions.

Disclaimer :: Intraday trading is risky and Astro guidance is tobeused 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