Astro Technical Guide for Thursday, 13th August, 2009

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

Sensitive / Trend change Timings for the day ::11.45am; 1.00pm;

Likely Intraday Trend for 13.08.09:: 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 better and generally remain better in the forenoon and is expected
to become subdued/ weak in the second half of the day (after 1.00pm).,
Communication, Media, Cement and Steel stocks are expected to be
better. PSU stocks are expected to be subdued / weak in the second
half of the day.

Astro Technical Trading Strategy for the day :: If Nifty futures is
trading below Day’s average traded price any time after
1.00pm , short positions can be taken with Day high or 30points above Average traded price as stop loss and close by end of the day.
Stop loss is a must for intraday trading.

Technical Levels for the day:: Nifty Futures would be bullish above
4475 with resistance around 4498, 4520 and 4555 and bearish below 4450
with supports around 4424, 4402 , and 4366 for the day...

Based on present market movement, Nifty futures is Bearish below 4400
and bullish above 4430 for the day.
Though Nifty has fallen below 4400 during the day on Wednesday, it was not able to close below
crucial level of 4400. Unless it closes below 4400 further bearishness
can not be expected and if it is able to close above 4550, it can go
up further .

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