Astro Technical Guide for Friday, 7th August, 2009 ::

Astro Info:: Moon transits in Dhanishta constellation ruled by Mars. Persons born in Pushyami, Anuradha, Uttarabhadra constellations and in Pisces and Cancer zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day ::10.50am; 11.25am; 1.45pm;

Likely Intraday Trend for 07.08.09:: 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 subdued / weak and generally remain weak and may remain steady after 1.30pm. However time between 10.45 am and 11.45am and again from 1.45pm and 2.45pm is highly sensitive and may lead to wild fluctuation .

Astro Technical Trading Strategy for the day :: If Nifty futures is trading below Open level and Day’s average traded price by about 10.45amam , short positions can be taken with Day high as stop loss and may be closed by about 1.45pm. or continue the position with trailing stop loss.
Stop loss is a must for intraday trading.

Technical Levels for the day:: Nifty Futures would be bullish above 4600 with resistance around 4625, 4647 and 4681 and bearish below 4575 with supports around 4550, 4525 and 4490 for the day...
Based on present market movement, Nifty futures is Bullish above 4660 and Bearish below 4620 for the day. Nifty closed below 4600 yesterday and long positions are advised only if Nifty closes above 4700. As already mentioned in this column, significant correction is expected in the near future and Nifty becomes more weak if it breaches 4400.

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