Astro Technical Guide for Tuesday, 18th August, 2009

Astro Info:: Moon transits in Punarvasu constellation ruled byJupiter upto 3.10pm. Persons born in Aswini, Makha and Moolaconstellations and in Leo and Sagittarius zodiac signs are advisedto be alert in their dealings.

Sensitive / Trend change Timings for the day :: 11.40am; 1.50pm; 3.10pm;

Likely Intraday Trend for 18.08.09:: 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 may remain steady from 10.30am and recover from 12.30pmand remain steady towards close of the day. Technology stocks areexpected to be generally better.

Astro Technical Trading Strategy for the day :: If Nifty futures istrading above Open level and Day’s average traded price by about11.00am , high risk traders can take long positions with day low asstrict stop loss and positions may be closed by 2.00pm or be heldwith trailing stop loss upto 3.00pm. However, long positions isagainst the present trend of the market and requires utmost caution.Stop loss is a must for intraday trading.

Technical Levels for the day:: Nifty Futures would be bullish above4385 with resistance around 4410, 4432 and 4467 and bearish below 4365with supports around 4340, 4318 , and 4283 for the day...

Based on present market movement, Nifty futures would be in Bullishzone above 4445 and in Bearish zone below 4415 for Tuesday.Nifty closed below important level of 4400 yesterday signifyingweakness.
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.Based on market movement, Highest level for August appears to be overand now Nifty is set to seek lower levels.

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