Astro Technical Guide for Wednesday, 5th August, 2009 ::

Astro Info:: Moon transits in Sravanam constellation from 10.44am ruled by Moon. Persons born in Punarvasu, Visakha and Poorvabhadra constellations and in Aquarius and Gemini zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day ::10.44am; 12.35pm; 2.45pm;

Likely Intraday Trend for 05.08.09:: 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 subdued / weak from 11.30am and may recover after 200pm., Market is expected to experience significantly volatile movements and PSU, Communication stocks are expected to be subdued / weak . Traders are advised to be highly cautious particularly with long positions.

Astro Technical Trading Strategy for the day ::
If Nifty futures is trading below Open level and Day’s average traded price by about 11.00am / 11.30am, short positions can be taken with Day high as stop loss and may be closed by about 1.30pm / 2.00pm. If Nifty is trading above Day’s average price by 2.15pm /2.30pm, long positions can be taken with Day low as stop loss and such long positions may be closed by end of the day. Stop loss is a must for intraday trading.

Technical Levels for the day:: Nifty Futures would be bullish above 4690 with resistance around 4717, 4741 and 4778 and bearish below 4670 with supports around 4643, 4619 and 4582 for the day...
Based on present market movement, Nifty futures is Bullish above 4685 and Bearish below 4665 for the day.

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