FIRST HALF BETTER …!!!

Astro Technical Guide for Friday, 04.06.2010 ::

Astro Info:: Moon transits in Sathabhisham ruled by Rahu and persons born in Aslesha, Jyeshta and Revathi constellations and in Pisces and Cancer Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day ::10.30am; 12.15pm; 2.00pm;

Likely Intraday Trend for 04.06. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to remain better after opening till about 10.30am and is expected to remain sideways / subdued thereafter .
FMCG, Entertainment stocks may remain subdued. PSU stocks may become weak towards close of the day.

Astro Technical Trading Strategy for the day :: If Nifty fut trades below Average Price after 12.30pm, short positions can be taken with day high as stop loss and such positions may be closed by 3.00pm.

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 above5110 with resistance around 5140 and 5165 and weak below 5080 with supports around 5050 and 5025 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5095and in Bearish zone below 5075 for Friday.

Following global cues, market opened with upside gap and maintained bullishness throughout the day. Having closed above 5050, Nifty has become bullish and becomes bearish only when it closes below 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