Astro Technical Guide for 24.7.09

ASTRO TECHNICAL GUIDE FOR 24.7.09 , Friday::

Astro Info:: Moon transits in Makha constellation ruled by Ketu . Persons born in Rohini, Hastha and Sravanam constellations and in Virgo and Capricorn zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings ::11.15am; 1.15pm; 2.25pm;

Likely Intraday Trend for 24.7.09 :: On the basis of Planetary position and the aspects amongst planets, outlook for the day is as under ::
Market is expected to open better and generally remain steady / subdued after 10.40am .

Trading Strategy for the day :: Market is generally very strong. But considering intraday out look , If Nifty is trading below open level and Average traded price by about 10.30am / 11.00am, high risk traders can take short positions with day high as strict stop loss. Strict stop loss is advised as short selling is against the general trend of the market. (Short selling is suggested only if Nifty futures trades below 4500)

Technical Levels :: Nifty staged a smart recovery yesterday from the crucial level of 4400 and is technically very strong and becomes further strong if it is able to cross 4575.
Nifty Futures would be bullish above 4545 with resistance around 4570, 4595 and 4630 and bearish below 4525 with supports around 4500, 4475 and 4440 for the day...

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.

Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry