FIRST HALF BEARISH…!!!

Astro Technical Guide for Tuesday ,25.05.2010 ::

Astro Info:: Moon transits in Chitta ruled by Mars upto 1.00 pm and in Swathi ruled by Rahu thereafter and persons born in Pushyami, Anuradha and Uttarabhadra and in Scorpio and Pisces Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day ::10.15am; 1.00pm;

Likely Intraday Trend for 25. 05. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open weak and generally remain weak in the first half of the day and may recover mildly in second half of the day. Time around 10.15am is of particular significance for bear onslaught.
Entertainment, FMCG stocks may remain better while PSU, Communication and Tech stocks may remain subdued.

Astro Technical Trading Strategy for the day :: If Nifty fut trades below Open level after 9.30am, short positions can be taken with Day high as stop loss and such positions can be closed by about 1.00pm.
(Risky traders can consider long positions after 1.30pm if Nifty trades above Average Price with appropriate 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 above4930 with resistance around 4960 and 4985 and weak below 4910 with supports around 4880 and 4850 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 4980and in Bearish zone below 4955 for Tuesday.

Nifty faced major selling pressure above 5000 level and closed flat for the day erasing all the gains logged in the first half of the day. Index gains accruing on account of Reliance group rise has been off set by decline in Metal and Auto sector stocks. Major support exists around 4850 / 4800 and resistance around 5000. It is better to cover short positions around 4850.
Nifty becomes bullish (minor uptrend) only above 5000 (on close basis) and major uptrend above 5150.

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