RECOVERY IN MIDSESSION…!!!

Astro Technical Guide for Friday ,21.05.2010 ::

Astro Info:: Moon transits in Makha ruled by Ketu and persons born in Rohini, Hastha and Sravana and in Virgo and Capricorn Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day ::11.10am; 12.15pm; 2.20pm;

Likely Intraday Trend for 21. 05. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open weak and recover after 12.00pm and again may become subdued towards close of the day.
Entertainment, communication stocks may fare better.

Astro Technical Trading Strategy for the day :: If Nifty fut opens sharply lower, better to close positions to take position at higher rates. If Nifty fut trades below Average Price atleast by 10 points, short positions can be taken with a stop loss of 10 points and may be closed by end of the day. (Risky traders can consider long positions between 12.00and 2.00pm depending on market conditions 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 above4955 with resistance around 4985 and 5010 and weak below 4935 with supports around 4905 and 4880 and 4830 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 4955 and in Bearish zone below 4940 for Friday.

After massive fall on Wednesday, market remained sideways and closed with marginal gains on the back of good rise by PSU stocks. Nifty becomes bullish only above 5050 and very strong support exists around 4800.

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