Wednesday, March 31, 2010

BEARISHNESS AFTER 2.00PM !!!

Astro Technical Guide for Wednesday , 31.03.2010 ::

Astro Info:: Moon transits in Chitta ruled by Mars and persons born in Pushyami, Anuradha and Uttarabhadra and in Scorpio and Pisces Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day:: 10.35am; 2.00pm;

Likely Intraday Trend for 31.03.2010::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady and may remain steady with volatile movements between 10.30am and 11.30am and to become weak after 200pm. Movement of the market after 2.00pm is crucial and Nifty close below 5235 is going to make the market further weak.

Communication, Entertainment stocks are expected to be volatile while Oil, Technology and Infra , Pharma may become weak towards close of the day.

Astro Technical Trading Strategy for the day :: After 1.30pm, if Nifty fut trades below Average Traded Price , short positions can be taken with day high as stop loss 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 would be bullish above5285 with resistance around 5315, 5340 and bearish below 5260 with supports around 5225, 5200 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5305 and in Bearish zone below 5285 for Wednesday .

Nifty closed closed to support level and any weak close below 5235 would make it further weak with next supports 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 .
Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry

Tuesday, March 30, 2010

VOLATILE MOVEMENT !!!

Astro Technical Guide for Monday , 30.03.2010 ::

Astro Info
:: Moon transits in Hastha ruled by Moon and persons born in Punarvasu, Visakha and Poorvabhadra and in Libra and Aquarius Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day:: 9.45am; 12.00pm; 1.20pm;

Likely Intraday Trend for 30.03.2010::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady and is expected to be better from 9.30am to 11.00am and may become subdued thereafter to recover after 1.30am; A day with volatile movements.. PSU stocks are expected to be volatile while Tech stocks may remain subdued.

Astro Technical Trading Strategy for the day :: Market is expected to display volatile movements with occasional rise and fall and again rise. Trading strategy is to be devised depending on real time movements keeping Open level as reference point in the forenoon session and Day Average Traded Price as reference point in the afternoon session.

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 above5330 with resistance around 5365, 5390 and bearish below 5310 with supports around 5275, 5250 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5325 and in Bearish zone below 5310 for Tuesday .

Nifty continues to gain and made a new 52 week high. While fresh long positions are not advisable at these levels, short / Medium term traders may exit long positions or hold the same with a stop loss of 5245 ( on close basis).

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

Monday, March 29, 2010

MILD BULLISHNESS !!!

Astro Technical Guide for Monday, 29h March, 2010 and general outlook for the week::
Astro Info
:: Moon transits in Uttara ruled by Sun. Persons born in Aardra, Swathi and Sathabhisham constellations and in Libra and Aquarius zodiac signs are advised to be alert in their dealings .
Astro Technical Position for the week :: Nifty continued its upward march for the 7th week in succession followed by continued FII buying but gained only marginally. Technically, market continues to be Bullish though the momentum appears to be slowing down. New F&O series consisting of 5 weeks and results season has commenced but astrologically, highly challenging period is ahead. Venus and Mercury enter Aries. March 30 and April 1 are the sensitive dates during the week. However, technically, Nifty would become subdued only when it closes below 5225. Strong resistance for Nifty is placed at 5350. Technical Levels for the week :: Nifty is strong above 5310 with resistance around 5395, 5465 and weak below 5255 with supports around 5175, 5105 for the week.Based on present market movement, Nifty would be in bullish zone above 5265 and in bearish zone below 5135 during the week . WD Gann’s numbers which would act as natural support and resistance are :: 5077, 5149, 5221, 5297,5366 and 5440 during the week.
Sensitive / Trend change Timings for the day ::12.30pm;
Trend for 29.03.10:: On the basis of planetary position, Market is expected to open steady and remain mildly better for most part of the day with sensitive time around 12.30pm;Bank and Tech stocks could remain subdued while Cement / Steel could fare better.
Astro Technical Trading Strategy for the day :: After 9.30am, if Nifty fut trades above Open Level and Average Traded Price, long positions can be taken with Day low as stop loss and such positions may be continued after 12.30pm with strict trailing stop loss.
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 5300 with resistance around 5330, 5360 and bearish below 5275 with supports around 5245, 5220 for the day. Based on present market position, Nifty fut would be in bullish zone above 5300 and in Bearish zone blow 5280 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