WEAK BETWEEN 10 AND 12; RECOVERY THEREAFTER

Astro Technical Guide for Thursday , 18.02.2010

Astro Info:: Moon transits in Revathi constellation ruled by Mercury and persons born in Krittika, Uttara and Uttarashadha and in Aries and Leo zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day ::10.00am; 12.25pm; 2.00pm

Likely Intraday Trend for 18.02.2010::
On the basis of planetary position and aspects amongst planets , Market is expected to remain better upto 10.00am and may become subdued / weak thereafter till 12.00pm and recover thereafter.
PSU stocks are expected to be subdued while tech/communication stocks may remain better.

Astro Technical Trading Strategy for the day :: Anytime after 12.00pm, if Nifty fut trades above Day’s Average Price by atleast 10 points, long positions can be taken with day low as stop loss and such positions may 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 above4915 with resistance around 4945 4970 and 5005 and bearish below 4890 with supports around 4860, 4830for the day ...
Based on present market movement, Nifty futures would be in Bullishzone above 4910and in Bearish zone below 4895 for Thursday.

Nifty would now become weak only below 4800 and expected to face strong resistance around 4950 / 5000.

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