RECOVERY AFTER OPEN

Astro Technical Guide for Friday , 05.02.2010::

Astro Info:: Moon transits in Swathi constellation ruled by Rahu and persons born in Aslesha, Jyeshta and Revathi and in Scorpio and Pisces zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day :: 11.30am; 1.00pm; 2.30pm;

Likely Intraday Trend for 05.02.2010::
On the basis of planetary position and aspects amongst planets , Market is expected to open weak and remain better in the fist half of the day and may become subdued in the second half of the day.
Power, Pharma are expected to be subdued while Bank stocks may remain better.

Astro Technical Trading Strategy for the day :: Any time after 9.30am , If Nifty futures trades above Open level and Average Traded Price , long positions can be taken with Day Low as strict stop loss.

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 above4850 with resistance around 4880, 4905 and 4940 and bearish below 4825 with supports around 4800, 4775 and 4740 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 4875and in Bearish zone below 4855 for Friday.

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..
B Amaranatha Sastry