FALL AFTER FIRST HOUR

Astro Technical Guide for Fri day , 09.10.09::

Astro Info:: Moon transits in Mrigasira constellation ruled by Mars and persons born in Pushyami, Anuradha and Uttarabhadra in Gemini and Libra zodiac signs are advised to be alert in theirdealings.

Sensitive / Trend change Timings for the day :: 11.30am; 12.20pm; 3.10pm;
Likely Intraday Trend for 09.10.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open better and generally remain subdued / weak after 11.00 / 11.30am and may recover towards end of the day ( after 3.00pm).
Entertainment and Media, Technology stocks are expected to be subdued while Bank and oil stocks could be steady / better.

Astro Technical Trading Strategy for the day ::If Nifty futures trades below Low recorded upto 10.30am and below Day’s Average Traded Price any time after 11.00am, Short positions can be taken with Day’s high level as stop loss and such positions to be closed by 2.45 or 3.00pm. (As market may recover after 3.00pm).

Open level is very important , below which level only intraday short 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 above4995 with resistance around 5025, 5050 and 5090 and bearish below 4975with supports around 4945, 4920 , and 4880 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5020 and in Bearish zone below 5000 for Friday.

Nifty closed below 5000 but closed above 4980. Further weakness would make the market bearish for short term and market is expected to come out of the narrow range and find direction .

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