Astro Technical Guide for Friday, 14th August, 2009 ::

Astro Info:: Moon transits in Krittika constellation ruled by Sun.
Persons born in Aardra, Swathi, Sathabhisham constellations and in
Gemini and Libra zodiac signs are advised to be alert in their
dealings.

Sensitive / Trend change Timings for the day ::11.15am; 2.10pm;

Likely Intraday Trend for 14.08.09:: On the basis of Planetary
position and the aspects amongst planets, outlook for the day is
expected in the following manner ::

On the basis of planetary position, Market is expected to open steady
and generally remain better in the forenoon and is expected to become
subdued/ weak in the second half of the day . Market is expected to
experience volatile movements from 2.15pm .
Entertainment / Media stocks are expected to be subdued / weak .

Astro Technical Trading Strategy for the day :: If Nifty futures is
trading above Open level and Day’s average traded price after
10.30am / 10.45am , long positions can be taken with Day low level as
stop loss and may be closed by about 1.00pm. If Nifty futures is
trading at least 10 points below Day’s average traded price after
2.00pm, short positions can be taken with day high as strict stop loss
and such positions be closed by end of the day. In view of high
volatility, revision of stop loss level and fast profit booking is
advised.
Stop loss is a must for intraday trading.

Technical Levels for the day:: Nifty Futures would be bullish above
4625 with resistance around 4652, 4675 and 4712 and bearish below 4605
with supports around 4578, 4555 , and 4518 for the day...

Based on present market movement, Nifty futures is Bearish below 4560
and bullish above 4580 for Friday. Market is in temporary over bought
position and traders should be extremely cautious in view of the
increased volatility.

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