Astro Technical Guide for Wednesday ,12.05.2010 ::
Astro Info:: Moon transits in Aswini ruled by Ketu and persons born in Rohini, Hastha and Sravanam and in Taurus and Virgo Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day :: 9.45AM; 1.30PM;
Likely Intraday Trend for 12.05.2010 ::
On the basis of planetary position and aspects amongst planets and global markets, Market, expected to open steady and may recover in second half of the day. Overall, trend for the day is rather uncertain and needs to be evaluated based on realtime market behaviour.
Technology stocks may fare better.
Astro Technical Trading Strategy for the day :: After 1.00pm, if Nifty fut trades above Average Traded Price, long positions can be taken with day stop loss of 10 points below Average Price and and such positions may 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 above5140 with resistance around 5170 and 5195 and weak below 5120 with supports around 5090 , 5065 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5165 and in Bearish zone below 5145 for Wednesday.
For the excellent recovery of Monday, market corrected on Tuesday. It is to be seen whether market would continue its uptred or once again slip. Technically, market would once again cease to be bullish if Nifty closes below 5065.
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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