BEARISH DAY !!!

Astro Technical Guide for Thursday , 04.02.2010

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

Sensitive / Trend change Timings for the day :: 11.55am; 2.10pm;

Likely Intraday Trend for 04.02.2010::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady/ subdued and generally remain bearish with occasional rise .Time from 2.10 to 3.10 is quite crucial where in volatile movements can take place.

Communication and Technology stocks may remain subdued while Oil stocks may fare better.

Astro Technical Trading Strategy for the day :: Any time after 10.00am, If Nifty futures trades below Open level and Average Traded Price , short positions can be taken with Day high as strict stop loss.

Open level is important for intraday trading and intraday short positions are to be taken below Day’s open level only and vice versa.

Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty would be bullish above4935 with resistance around 4965, 4990 and 5030 and bearish below 4910 with supports around 4885, 4860 and 4820 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 4910and in Bearish zone below 4885 for Thursday.

Nifty fut becomes more weak below 4800 and becomes strong above 4950 (on close basis) .

IF resistance levels are achieved in the forenoon session, buying may be avoided at higher levels and risky traders can consider short positon for a pull back to Bullish trigger level. IF Support levels are achieved in the forenoon session, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto Bearish trigger level / other support levels.

Note :: Intraday trend given above is relative and based purely on the basis of planetary positions and aspects and needs to be understood and applied depending on the market movement. 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 tobe used 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