Astro Technical Guide for Tuesday, 31.08.2010 ::
Astro Info:: Moon transits in Bharani constellation ruled by Venus upto 12.10pm and in Krittika ruled by Sun thereafter and persons born in Aardra, Swathi and Aslesha constellations and in Taurus and Virgo Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day : 9.45am; 12.10pm; 2.15pm;
Likely Intraday Trend for 31.08. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to remain subdued till about 12.00pm and recover thereafter till about 2.15pm and may become again subdued towards close of the day.
Power, Pharma, FMCG stocks may remain generally subdued.
Astro Technical Trading Strategy for the day :: After 9.30am, if Nifty fut trades below Open Price (prefarbly below Low level upto 9.30am), short positions can be taken with stop loss of High price recorded till them and such positions may be closed by 12.00pm.
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 fut is expected to face resistance at 5447, 5466 and find support at 5411, 5392 and 5374 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5435 and in Bearish zone below 5415 for Tues day.
Nifty after opening better due to global cues fell sharply during the day to breach Friday’s low and recovered partially towards close of the day to close in the positive. However, Nifty fut continues to make lower tops and lower bottoms for the last 5 days suggesting weakness. Strong Support for Nifty fut exists in the region of 5360 below which it becomes further weak. Short positions can be continued with stop loss of 5510.
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, August 31, 2010
Monday, August 30, 2010
Short Term Bearishness sets in .. To accelerate further …
Astro Technical Guide for Monday, 30thrd August, 2010 and general outlook for the week::
Astro Info:: Moon transits in Aswini ruled by Ketu upto 10.30am and in Bharani ruled by Venus thereafter and Persons born in Mrigasira, Chitta and Dhanishta constellations and in Taurus and Virgo Zodiac signs are advised to be alert in their dealings.
Astro Technical Position for the week :: Market closed with a loss of more than 2% during the week, one of the biggest weekly losses in the last 3 months and has breached immediate support levels of 5490 and 5440 and faces another strong support in the region of 5360. Market has been moving sideways for several weeks and is in the process of becoming bearish for short / medium term. Nifty would become bullish only if it closes above 5500 / 5550.
As mentioned in this column last week, astrologically medium term turbulent period has commenced with several geo cosmic events (involving slow moving planets) in the sky. Mars aspect on Rahu / Pluto ; Saturn aspect on Natal 2nd house ; and Tsquare involving Pluto Jupiter and Saturn, Mercury Retrograde position are the major geocosmic events which are currently in operation. With Jupiter and Mercury, planets signifying Finance, Trade and Commerce, being in retrograde position, market may experience high volatility inclined towards bearishness. Thereafter, Mars transit in Libra also does not augur well for the market. Considering Astro and Technical position, nifty technically also losing strength may go down further if it breaches 5360. W D Gann studies have proved their as market has topped out on 23/8/10, as mentioned last week and also faced resistance in the region of 5545. Nifty continues to be in a narrow range and is all set to come out of the range when it breaches 5350. In view of the current astro technical position, any rise from current level may be utilized to create short positions / liquidate long positions with recent high as stop loss and downside would accelerate below 5360. Hence caution is advised at higher levels . Since turbulence over a period upto mid October is expected, high degree of cautions is advised. Technical Supports for Nifyt are 5360 / 5280 and 5225 and Resistances are at 5490 and 5550.
Technical Levels for the week :: Nifty futures is strong above 5435 with resistance around 5480, 5525, 5595 and weak below 5385 with supports around 5340, 5295 and 5225 for the week.Based on present market movement, Nifty fut would be in bullish zone above 5490 and in bearish zone below 5435 during the week . WD Gann’s natural numbers which would act as natural support and resistance are :: 5221, 5366,5440,5514, 5588 during the week.
Sensitive / Trend change Timings for the day ::10.30am;12.00pm; 3.10pm;
Intraday Trend for 30.08.10: : (Mid session Subdued)Intraday Trend for 30.08.10:: On the basis of planetary position, Market is expected to open steady/ better but become subdued from 10.30 to 12.00pm and may recover thereafter and experience volatile movements after 2.10pm.
PSU stocks are expected to be better while FMCG, Entertainment stocks may remain subdued.
Astro Technical Trading Strategy for the day :: After 10.30am, if Nifty fut trades below Average Traded Price by atleast 5 points, short positions can be taken with a stop loss of 10 points above Average Price and such may be closed by 12.30pm.
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 face resistance around 5428 and 5447 and 5470 and find support around 5391 and 5373 during the day.
Based on present market position, Nifty fut would be in bearish zone below 5430 and in bullish zone above 5455 for Monday.Stop loss for Nifty futures positional trade (short ) is 5510 on close basis.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 Investing and Trading..
Dr B Amaranatha Sastry
Astro Info:: Moon transits in Aswini ruled by Ketu upto 10.30am and in Bharani ruled by Venus thereafter and Persons born in Mrigasira, Chitta and Dhanishta constellations and in Taurus and Virgo Zodiac signs are advised to be alert in their dealings.
Astro Technical Position for the week :: Market closed with a loss of more than 2% during the week, one of the biggest weekly losses in the last 3 months and has breached immediate support levels of 5490 and 5440 and faces another strong support in the region of 5360. Market has been moving sideways for several weeks and is in the process of becoming bearish for short / medium term. Nifty would become bullish only if it closes above 5500 / 5550.
As mentioned in this column last week, astrologically medium term turbulent period has commenced with several geo cosmic events (involving slow moving planets) in the sky. Mars aspect on Rahu / Pluto ; Saturn aspect on Natal 2nd house ; and Tsquare involving Pluto Jupiter and Saturn, Mercury Retrograde position are the major geocosmic events which are currently in operation. With Jupiter and Mercury, planets signifying Finance, Trade and Commerce, being in retrograde position, market may experience high volatility inclined towards bearishness. Thereafter, Mars transit in Libra also does not augur well for the market. Considering Astro and Technical position, nifty technically also losing strength may go down further if it breaches 5360. W D Gann studies have proved their as market has topped out on 23/8/10, as mentioned last week and also faced resistance in the region of 5545. Nifty continues to be in a narrow range and is all set to come out of the range when it breaches 5350. In view of the current astro technical position, any rise from current level may be utilized to create short positions / liquidate long positions with recent high as stop loss and downside would accelerate below 5360. Hence caution is advised at higher levels . Since turbulence over a period upto mid October is expected, high degree of cautions is advised. Technical Supports for Nifyt are 5360 / 5280 and 5225 and Resistances are at 5490 and 5550.
Technical Levels for the week :: Nifty futures is strong above 5435 with resistance around 5480, 5525, 5595 and weak below 5385 with supports around 5340, 5295 and 5225 for the week.Based on present market movement, Nifty fut would be in bullish zone above 5490 and in bearish zone below 5435 during the week . WD Gann’s natural numbers which would act as natural support and resistance are :: 5221, 5366,5440,5514, 5588 during the week.
Sensitive / Trend change Timings for the day ::10.30am;12.00pm; 3.10pm;
Intraday Trend for 30.08.10: : (Mid session Subdued)Intraday Trend for 30.08.10:: On the basis of planetary position, Market is expected to open steady/ better but become subdued from 10.30 to 12.00pm and may recover thereafter and experience volatile movements after 2.10pm.
PSU stocks are expected to be better while FMCG, Entertainment stocks may remain subdued.
Astro Technical Trading Strategy for the day :: After 10.30am, if Nifty fut trades below Average Traded Price by atleast 5 points, short positions can be taken with a stop loss of 10 points above Average Price and such may be closed by 12.30pm.
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 face resistance around 5428 and 5447 and 5470 and find support around 5391 and 5373 during the day.
Based on present market position, Nifty fut would be in bearish zone below 5430 and in bullish zone above 5455 for Monday.Stop loss for Nifty futures positional trade (short ) is 5510 on close basis.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 Investing and Trading..
Dr B Amaranatha Sastry
Friday, August 27, 2010
First Half Subdued !!!
Astro Technical Guide for Friday, 27.08.2010 ::
Astro Info:: Moon transits in Uttarabhadra ruled by Saturn and persons born in Bharani, Pubba and Poorvashadha constellations and in Aries and Leo Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day : 9.40am; 11.20am; 12.30pm;
Likely Intraday Trend for 27.08. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady and is expected to till about 12.00pm and may recover from 12.30pm to 2.30pm and may again become steady thereafter. A volatile day with good fluctuations . Bank stocks may remain better while PSU and Cement, steel stocks may remain subdued.
Astro Technical Trading Strategy for the day :: After 9.30am, if Nifty fut trades below Open Price (prefarbly below Low level upto 9.30am), short positions can be taken with stop loss of High price recorded till them and such positions may be closed by 12.00pm. After 12.30pm, depending on market position, long positions can be attempted if Nifty trades above Average Price with suitable stop loss.
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 fut is expected to face resistance at 5495, 5515 and find support at 5458, 5440 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5485 and in Bearish zone below 5470 for Fri day.
Nifty traded in a very narrow range and closed positively , but well below 5500 mark. If Nifty closes below 5440, down trend would accelerate. In case it closes above 5510, new high also can be attempted. However, considering global cues and astro indications, chances of Nify breaching 5440 and going down is more probable.
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
Astro Info:: Moon transits in Uttarabhadra ruled by Saturn and persons born in Bharani, Pubba and Poorvashadha constellations and in Aries and Leo Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day : 9.40am; 11.20am; 12.30pm;
Likely Intraday Trend for 27.08. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady and is expected to till about 12.00pm and may recover from 12.30pm to 2.30pm and may again become steady thereafter. A volatile day with good fluctuations . Bank stocks may remain better while PSU and Cement, steel stocks may remain subdued.
Astro Technical Trading Strategy for the day :: After 9.30am, if Nifty fut trades below Open Price (prefarbly below Low level upto 9.30am), short positions can be taken with stop loss of High price recorded till them and such positions may be closed by 12.00pm. After 12.30pm, depending on market position, long positions can be attempted if Nifty trades above Average Price with suitable stop loss.
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 fut is expected to face resistance at 5495, 5515 and find support at 5458, 5440 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5485 and in Bearish zone below 5470 for Fri day.
Nifty traded in a very narrow range and closed positively , but well below 5500 mark. If Nifty closes below 5440, down trend would accelerate. In case it closes above 5510, new high also can be attempted. However, considering global cues and astro indications, chances of Nify breaching 5440 and going down is more probable.
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
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