MID SESSION SUBDUED !!!

Astro Technical Guide for Thursday ,29.04.2010 ::

Astro Info:: Moon transits in Visakha ruled by Jupiter and persons born in Aswini, Makha and Moola and in Scorpio and Pisces Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day:: 9.45am; 10.40am;11.45am; 1.45pm;

Likely Intraday Trend for 29.04.2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady and recover immediately and to become subdued from 11.45am to 1.45pm and again remain steady thereafter.
Bank stocks are expected to be generally better.

Astro Technical Trading Strategy for the day :: After 9.30am, if Nifty fut trades above Open level and Average Traded Price, long positions can be taken with Low level as stop loss and such positions may be closed by 11.30am. After 11.30am, if Nifty futures appears to be becoming weak or trades below Average Traded Price, short positions can be taken with a stop loss of about 10 points above Average price and such positions may be closed by 1.30pm or depending on market position may be continued with strict trailing 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 fut. would be bullish above5230 with resistance around 5260 and 5285 and weak below 5210with supports around 5180 and 5155 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5245 and in Bearish zone below 5225 for Thursday.

Nifty having closed below 5270 has become bearish and stop loss for short positions is 5325(on close basis). Any rise may be utilized to liquidate long positions.

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 to be used as an additional tool in addition to technicals and adapted depending on intraday movements. Loss / Gain in market depends on Individual natal chart. Creator only knows what is going to happen and astrologer can only indicate what is likely to happen .
Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry