Astro Techical Guide for 14.5.09
Review :: Markets ended in negative yesterday as expected but amidst high volatility.
Astro Forecast :: Moon transits in Poorvashadha ruled by Venus upto 12.40pm and thereafter in Uttarashadha constellation ruled by Sun. MArket expected to open in the negative and remain positive between 12.40pm to 2.50pm and thereafter become weak once again. Close of the market depends on the extent of fall before 12.40pm and after 2.50pm. However, week ahead is expected to be highly volatile in view of the uncertainty looming large in view of the big event ahead. Important astrp events are Rahu changing the constellation and Sun changing the sign. Sun's entry into Taurus can be termed as bearish as it is aspected by Saturn. Market is expected to have a reasonable correction going forward. Hence, long traders should be cautious.
Sensitive / trend change Timings :: 10.25am; 12.40pm; 2.45pm;
Technical Levels :: Nifty fut is expected to be bullish above 3647 with resistance around 3669,3687 and 3716 and weak below 3632 with suppports around 3611,3593,3563 for the day..
Nifty could not pierce the last week's high yesterday and has been range bound for the last Eight days in the new series and can be expected to move out of the range . I expect market to market to come down in the near future.
Happy trading,
Dr. B Amaranath Sastry
FCA.,ACS.,MA(Astro).,Phd.,(Financial Astrology)
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