Thursday, May 20, 2010

WEAKNESS BETWEEN 10.00AM TO 12.00PM …!!!

Astro Technical Guide for Thursday ,20.05.2010 ::

Astro Info
:: Moon transits in Aslesha ruled by Mercury and persons born in Krittika, Uttara and UTtarashadha and in Leo and Sagittarius Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day ::10.00am; 1.40pm; 2.20pm;

Likely Intraday Trend for 20. 05. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady and remain subdued / weak between 10.00am and 12.00pm and may recover thereafter.
Power, Pharma stocks may remain better.

Astro Technical Trading Strategy for the day :: Around 10.00am, if Nifty fut. Trades below Open level, short positions can be taken with Day high level as stop loss and such positions may be covered by 12.00pm.


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 above4935 with resistance around 4965 and 4990 and weak below 4915 with supports around 4885 and 4860 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 4975 and in Bearish zone below 4945 for Thursday.

Due to global cues, our market has taken a hit and fallen sharply Nifty becomes strong only above 5100 and recovery can be expected if Nifty trades above 4950.

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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