FORENOON BETTER AND CLOSING WEAK …!!!

Astro Technical Guide for Tuesday, 31.05.2010 ::

Astro Info:: Moon transits in Uttarashadha ruled by Sun and persons born in Aardra, Swathi and Sathabhisham constellations and in Aquarius and Gemini Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day ::12.00pm; 1.30pm;

Likely Intraday Trend for 01.06. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady and generally expected to remain better in the forenoon session and is expected to become weak after 1.30pm.
Bank and Technology stocks are expected to be better in the forenoon session.

Astro Technical Trading Strategy for the day :: If Nifty fut opens steady, long positions can be taken after 9.30am above Open rate with stop loss of Low rate upto 9.30am and such positions may be closed by 1.00pm.., After 1.30pm, if Nifty appears to be becoming weak, short positions can be taken with Day high as stop loss 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 above5065 with resistance around 5095 and 5120 and weak below 5045 with supports around 5015 and 4990 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5050and in Bearish zone below 5035 for Tues day.

Nifty, being in minor uptrend, continued to inch upwards. There is a resistance in the region of 5100 and support around 4975. Stop loss for Nifty fut. Long positions may be maintained at 4950 (on close basis).

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