OPENING AND CLOSING WEAK …!!!

Astro Technical Guide for Wednesday ,19.05.2010 ::

Astro Info:: Moon transits in Pushyami ruled by Saturn and persons born in Bharani, Pubba and Poorvashadha and in Leo and Sagittarius Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day :: 9.25am; 12.15pm; 2.45pm;

Likely Intraday Trend for 19. 05. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open weak and remain generally better till about 12.00pm and slowly become subdued thereafter to fall in the last hour and become weak .
Communiation / Tech stocks may remain subdued.

Astro Technical Trading Strategy for the day :: After 12.00pm, if Nifty fut trades below Average Traded Price by atleast 10 points, short positions can be taken with stop loss of 10 points above Average price and such positions may be closed by end of the day. (Risky traders can consider long after 9.30 above Open price to close by 11.00am)


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 above5075 with resistance around 5105 and 5130 and weak below 5055 with supports around 5025 , 5000, 4950 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5075 and in Bearish zone below 5050 for Wednesday.

After fall in the initial hour, Nifty recovered smartly but closed nearly flat for the day, coming off from day’s high level. Nifty becomes strong only if it closes above 5150. However, fresh downtrend would set in only if Monday’s low level is clearly breached.

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