Astro Technical Guide for Friday, 21st August, 2009 ::

Astro Info:: Moon transits in Pubba constellation ruled by Venus.
Persons born in Mrigasira, Chtta and Dhanishta constellations and in
Virgo and Caprciorn zodiac signs are advised to be alert in their
dealings.

Sensitive / Trend change Timings for the day :: 10.20am; 10.50am;
12.35pm; 2.40pm;

Likely Intraday Trend for 21.08.09:: 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
/ better and remain better from 10.20am to 12.30pm and may become
steady / subdued thereafter.

Astro Technical Trading Strategy for the day :: If Nifty futures is
trading above Open and Day’s Average Traded Price by 10.30am, long
positions can be taken with day low as stop loss and such long
positions may be liquidated by 12.30pm or 1.00pm., If Nifty futures
is trading below Day’s average traded price by at least 10 points by 1.30pm,
high risk traders can take short positions with Day high level or 30
points above Day’s Average traded price as stop loss and such
positions to be closed by end of the day.
Stop loss is a must for intraday trading and such stop loss needs to
be adjusted depending on intraday movements.

Technical Levels for the day:: Nifty Futures would be bullish above
4460 with resistance around 4486, 4508 and 4543 and bearish below 4440
with supports around 4414, 4392 , and 4356 for the day...
Based on present market movement, Nifty futures would be in Bullish
zone above 4480 and in Bearish zone below 4465 for Friday.
Yesterday Nifty tried to cross 4500 but did not succeed . In case it
is able to close above 4500 short positions may be closed. Nifty can
be considered to be bearish for this month as long as it is below 4500
and Nifty would become further bearish below 4320.

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