MIDSESSION SUBDUED AND CLOSING BETTER …!!!!

Astro Technical Guide for Monday, 22.06.2010 ::

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

Sensitive / Trend change Timings for the day :10.15am; 12.40pm; 2.00pm;

Likely Intraday Trend for 22.06. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady / subdued and remain subdued in midsession and recover again towards close of the day.
Entertainment, FMCG stocks may remain subdued in the forenoon and Metal and Cement stocks are expected to be subdued in the closing/

Astro Technical Trading Strategy for the day :: If Nifty fut trades above Average Traded Price after 2.00pm, long postion may be taken with a stop loss of 10 points below Average Price 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 above5365 with resistance around 5400 and 5430 and weak below 5345 with supports around 5310 and 5275 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5360and in Bearish zone below 53450 for Tuesday.

Market opened with upside gap due to Yuan factor and maintained the positive trend throughout the day. Stop loss Nifty fut positional trade can be trailed to 5230. However, Today is an important trend change date as per WD Gann.

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