Thursday, June 10, 2010

GENERALLY BETTER BUT WEAK BETWEEN 1 TO 3pm …!!!

Astro Technical Guide for Thursday, 10.06.2010 ::

Astro Info:: Moon transits in Bharani ruled by Venus upto 11.05am and in Krittika ruled by Sun thereafter and persons born in Aardra, Swathi and Sathabbhisham constellations and in Taurus and Virgo Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day :11.05am; 1.00pm; 3.05pm;

Likely Intraday Trend for 10.06. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected remain steady / marginally better after opening and may witness fall between 1.00pm and 3.00pm and may recover thereafter. Time from 12.45pm to 1.45 time is critical for the market.
Communication,. Cement and steel stocks may recover marginally.
FMCG and Entertainment stocks may fare better towards close of the day.

Astro Technical Trading Strategy for the day :: If Nifty fut trades above Open price after 9.30am, long positions can be taken with Day low as stop loss and such positions to be closed before 1.00pm. IF market appears to be becoming weak after 1.00pm, short positions can be taken with day high as stop loss and such positions to 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 above5010 with resistance around 5030 and 5055 and weak below 4990 with supports around 4965 and 4940 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5015and in Bearish zone below 4990 for Thursday.

Market recovered smartly upto 1.00pm remained volatile thereafter and closed with marginal gains. Sudden surprises and volatility is expected to be the order of the day. Strong support exists around 4925 and strong resistance around 5050 for Nifty futures.

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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