Wednesday, August 12, 2009

Astro Technial Guide for Wednesday, 12th August, 2009::

Astro Info:: Moon transits in Aswini constellation ruled by Kethu .Persons born in Rohini, Hastha and Sravanam constellations and inAries and Leo zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day ::11.30am; 1.00pm; 2.10pm;
Likely Intraday Trend for 11.08.09:: On the basis of Planetaryposition and the aspects amongst planets, outlook for the day isexpected in the following manner ::

On the basis of planetary position, Market is expected to open subdued/ weak and generally recover upto 11.00am and generally remainsubdued / weak thereafter and significant weakness can be observed insecond half of the day.Communication stocks are expected to be subdued / weak.
Astro Technical Trading Strategy for the day
:: If Nifty futures istrading below Open level and Day’s average traded price any time after11.00am , short positions can be taken with Day high as stop loss andbe closed by end of the day.Stop loss is a must for intraday trading.

Technical Levels for the day:: Nifty Futures would be bullish above4475 with resistance around 4501, 4524 and 4560 and bearish below 4455with supports around 4429, 4407 , 4371 and 4340 for the day...Based on present market movement, Nifty futures is Bullish above 4470and bearish below 4445 for the day. Nifty has taken support around4400 yesterday and had a technical pullback and any close below 4400would make the market weak and further fall can be expected. (which is most likely astrologically).
Technical portion and astrological portion given above should beconsidered together and applied for taking proper trading decisions.

Disclaimer :: Intraday trading is risky and Astro guidance is to beused 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
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