SECOND HALF WEAK !!!

Astro Technical Guide for Thursday , 11.02.2010::

Astro Info:: Moon transits in Uttarashadha constellation ruled by Sun and persons born in Aardra, Swathi and Sathabhisham and in Capricorn and Taurus zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day :: 9.55am; 12.15pm; 2.30pm;

Likely Intraday Trend for 11.02.2010::
On the basis of planetary position and aspects amongst planets , Market is expected to remain subdued till 10.00am and recover thereafter till 12.15pm and remain subdued thereafter and may become weak after 2.30pm and astrologically, expected to be generally bearish accompanied by highly volatile movements.
Bank stocks are expected to be generally subdued / weak.

Astro Technical Trading Strategy for the day :: Anytime after 1.00pm, If Nifty futures 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 may be closed by end of the day. Risky traders can consider long positions between 10.00am and 12.00pm with day low as 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 above4765 with resistance around 4795, 4820 and 4855 and bearish below 4745 with supports around 4718, 4695 and 4655 for the day ...
Based on present market movement, Nifty futures would be in Bullishzone above 4790and in Bearish zone below 4770 for Thursday.

Being longer weekend (Friday Holiday) and continued FII selling market may drift lower. However, strong support exists at 4650 and also strong resistance at 4850.

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