Astro Technical Guide for Friday ,14.05.2010 ::
Astro Info:: Moon transits in Krittika ruled by Sun and persons born in Aardra, Swathi and Sathabhisham and in Gemini and Libra Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day :: 12.45pm; 2.45pm;
Likely Intraday Trend for 14.05.2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady and remain generally better in the forenoon and is expected to become subdued / weak in the last hour of trade. (risky traders can take long positions after 9.30am, if nifty trades above openprice and such positions may be closed by 1.00pm)
Bank, Cement and Steel stocks are expected to be better while Tech stocks could be subdued.
Astro Technical Trading Strategy for the day :: After 2.00pm. if Nifty fut trades below Average Traded Price, short positions can be taken with day high level as stop loss and such positions 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 fut. would be bullish above5190 with resistance around 5220 and 5245 and weak below 5165 with supports around 5135 , 5110 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5200 and in Bearish zone below 5185 for Friday.
Nifty has been trading with in the range established on Monday with bullish bias and Nifty becomes weak only below 5100 and becomes further bullish above 5210(on close basis).
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
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