Astro Technical Guide for Friday, 28.05.2010 ::
Astro Info:: Moon transits in Anuradha ruled by Saturn upto 12.00 pm and in Jyeshta ruled by Mercury thereafter and persons born in Bharani, Pubba and Poorvashadha are advised to be alert in the forenoon and those born in Krittika, Uttara and Uttarashadh are advised to be alert in the afternoon and in Sagittarius and Aries Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day ::12.10pm; 1.50pm;
Likely Intraday Trend for 28. 05. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open better and is expected to remain subdued from 10.45am to 12.00pm and is expected to generally remain better thereafter.
PSU, Communication , Entertainment FMCG stocks are expected to remain subdued.
Astro Technical Trading Strategy for the day :: If Nifty fut trades above Average Traded Price by about 10 points after 1.00pm, long positions can be taken with a stop loss of 10 points below Average Price and such positions can 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 above5010 with resistance around 5040 and 5065 and weak below 4990 with supports around 4960 and 4935 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 4965and in Bearish zone below 4940 for Fri day.
Market recovered smartly on the last day of F&O series and triggered minor uptrend level and closed above 5000. There is a resistance in the region of 5040 and Nifty becomes more bullish above 5130. Minor up trend would be intact as long as it remain above 4900.
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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