Tuesday, May 4, 2010

GENERALLY BETTER !! CLOSING HOUR WEAK !!!

Astro Technical Guide for Tuesday ,04.05.2010 ::
Astro Info:: Moon transits in Uttarashadha ruled by Sun and persons born in Aardra, Swathi and Sathabhisham and in Capricorn and Taurus Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day:: 9.45am; 2.25pm; Likely Intraday Trend for 04.05.2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open better and remain generally better to become subdued in the last hour before close of the day. Bank , Cement and Steel stocks are expected to be generally better.
Astro Technical Trading Strategy for the day :: After 2.00pm, if Nifty fut trades appears to be becoming weak / trades below Average Traded Price, short positions can be taken with day high as stop loss to be closed by end of the day. (if market opens steady, long positions can be taken with 5200 as stop loss and to be closed by about 1.30pm) 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 5235 and in Bearish zone below 5215 for Tuesday. Stop loss for positional short in Nifty may be retained at 5300..
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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