MIDSESSION BETTER !!!

Astro Technical Guide for Tuesday , 09.02.2010::

Astro Info:: Moon transits in Moola constellation ruled by Ketu and persons born in Punarvasu, Visakha and Poorvabhadra and in Capricorn and Taurus zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day :: 10.35am; 12.45pm;

Likely Intraday Trend for 09.02.2010::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady and recover from 10.30am to 12.45pm and remain steady thereafter (may become subdued towards close of the day).
Entertainment / Media stocks are likely to be better while Tech stocks could be subdued.

Astro Technical Trading Strategy for the day :: If Nifty futures trades above Open and Average Price by 10.30am, long positions can be taken with Low level as stop loss and such positions to be liquidated by 1.00pm., Any time after 1.00pm, if Nifty fut trades below Average Price by atleast 10 points, short positions can be taken with a stop loss of 15 points above Average Price and such positions to be closed by end of the day.

Open level is important for intraday trading and intraday long positions are to be taken above 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 above4775 with resistance around 4803, 4827 and 4865 and bearish below 4755 with supports around 4727, 4703 and 4665 for the day ...
Based on present market movement, Nifty futures would be in Bullishzone above 4750and in Bearish zone below 4720 for Tuesday.

Nifty fut is expected to face strong resistance around 4850 and to get strong support around 4650 and fresh move is possible only on breaking of the above levels eitherside.

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