Astro Technical Guide for Tuesday, 25.8.09

Astro Info:: Moon transits in Swathi constellation ruled by Rahu .
Persons born in Aslesha, Jyeshta and Revathi constellations and in
Scorpio and Pisces zodiac signs are advised to be alert in their
dealings.

Sensitive / Trend change Timings for the day :: 10.45am; 12.35pm; 2.05pm;;

Likely Intraday Trend for 25.08.09:: 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 remain better from 10.40 and remain steady after 2.30pm.
Steel and Cement stocks are expected to be subdued. Technology stocks also could be subdued in second half of the day.

Astro Technical Trading Strategy for the day :: If Nifty futures is
trading above Open and Day’s Average Traded Price by 10.45am, long
positions can be taken with day low as strict stop loss and such long
positions may be liquidated by about 2.00 pm or at decent profit, which ever is earlier.,
As market has gone steeply in the last Two days, long positions at high rates appear to be quite risky. Hence, strict stop loss is advised.

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
4655 with resistance around 4680, 4703 and 4737 and bearish below 4630
with supports around 4603, 4580 , and 4543 for the day..

Based on present market movement, Nifty futures would be in Bullish
zone above 4640 and in Bearish zone below 4620 for Tues day.


Yesterday Nifty opened with upside gap and traded in a narrow range

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