Scrip Specific Volatilty due to F&O Expiry ::

Astro Technical Guide for Thursday , 24.9.09::

Astro Info:: Moon transits in Anuradha constellation ruled by Saturn upto 1.40pm and in Jyeshta ruled by Mercury thereafter. Persons born in Bharani, Pubba and Poorvashadha and in Sagittarius and Aries zodiac signs are advised to be alert in theirdealings.

Sensitive / Trend change Timings for the day :: 10.35am; 1.40pm; 2.40pm

Likely Intraday Trend for 24.09.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady and remain generally steady / better thereafter.
Timings from 10.30am to 11.30am and from 1.40pm to 2.40pm is the time to watch for extreme volatility.
In view of the last day of F&O contract expiry , scrip specific volatility is most likely.

Astro Technical Trading Strategy for the day ::If Nifty futures trades above Open level, long positions may be taken around 10.45 with stop loss level of low recorded upto 10.30am, and such long positions may be closed by about 1.30pm or be continued with trailing stop loss. Open level is very important , above which level only intraday long positions may be maintained and vice versa.
Stop loss is a must for intraday trading.

Technical Levels for the day:: Nifty Futures would be bullish above4975 with resistance around 5005, 5030 and 5070 and bearish below 4950with supports around 4920, 4900 , and 4860 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5000 and in Bearish zone below 4980 for Thursday.
Nifty could not close above 5000 mark for second consecutive day and market witnessed considerable sell off in the last hour. Caution is advised at higher levels.

Technical portion and astrological portion given above shouldbeconsidered together and applied for taking proper trading decisions.

Disclaimer :: Intraday trading is risky and Astro guidance is tobeused 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