Astro Technical Guide for Wednesday, 26th August, 2009

Astro Info:: Moon transits in Visakha constellation ruled by
Jupiter. Persons born in Aswini, Makha and Moola constellations and
in Scorpio and Pisces zodiac signs are advised to be alert in their
dealings.

Sensitive / Trend change Timings for the day :: 11.30am; 1.30pm;2.50pm;

Likely Intraday Trend for 26.08.09:: 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 remain steady thereafter and expected to be volatile from
11.30am to 12.30pm and recover in Second half of the day.
Bank stocks are expected to be subdued and Technology stocks are
expected to be better. Cement and Steel stocks are expected to be
better in second half of the day.

Astro Technical Trading Strategy for the day :: If Nifty futures is
trading above Day’s Average Traded Price atleast by 10 points by
1.30pm, long positions can be taken with day low or 30 points below
Day’s average traded price as stop loss and such long positions may be
liquidated end of the day.

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
4670 with resistance around 4697, 4721 and 4758 and bearish below 4650
with supports around 4623, 4599 , and 4562 for the day...

Based on present market movement, Nifty futures would be in Bullish
zone above 4645 and in Bearish zone below 4620 for Wednesday.

According to present market condition, Nifty is bullish as long as it
is above 4550 and there is a major weekly resistance around 4730 and
4790.

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