SUBDUED SECOND HALF !!!

Astro Technical Guide for Wednesday , 17.02.2010::

Astro Info:: Moon transits in Uttarabhadra constellation ruled by Saturn and persons born in Bharani, Pubba and Poorvashadha and in Aries and Leo zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day ::10.15am; 11.15am; 1.45pm;

Likely Intraday Trend for 17.02.2010::
On the basis of planetary position and aspects amongst planets , After opening Market is expected to remain better upto 11.15am and remain subdued after 1.45pm;
Power, Pharma stocks are expected to be better while Cement / Steel stocks are expected to display highly volatile movements.

Astro Technical Trading Strategy for the day :: Anytime after 1.30pm, if Nifty fut trades below Average Price, short positions can be taken with day high as stop loss and may be closed by end of the day.

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 above4890 with resistance around 4915 4940 and 4980 and bearish below 4865 with supports around 4835, 4810 and 4770for the day ...
Based on present market movement, Nifty futures would be in Bullishzone above 4855and in Bearish zone below 4830 for Wednesday.

Nifty closed above very important level of 4850 and would now become weak only below 4800 and expected to face strong resistance around 4950.

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