MIDSESSION WEAK …!!!

Astro Technical Guide for Thursday, 0 3.06.2010 ::

Astro Info:: Moon transits in Dhanishta ruled by Moon persons born in Pushyami, Anuradha and Uttarabhadra constellations and in Aquarius and Gemini Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day ::10.55am; 11.45am; 1.45pm;

Likely Intraday Trend for 03.06. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open better and remain steady after opening till about 11.30am and is expected to remain weak from 11.40am to 1.45pm and may recover there after. Over all, expected to be a volatile session with choppy movements.
Power, Pharma , Cement , Steel stocks are expected to display volatile movements inclined towards bearishness.

Astro Technical Trading Strategy for the day :: If Nifty fut trades below Average Price after 11.45am, short positions can be taken with day high as stop loss and such positions may be closed by 1.45pm.

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 above5020 with resistance around 5045, 5070 and 5110 and weak below 5000 with supports around 4975 and 4950 and 4910 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 4990and in Bearish zone below 4970 for Thursday.

Nifty recovered, particularly, in the last 30 minutes of trade and recovered most of the losses of Tuesday. Nifty fut. Is expected to face strong resistnace at 5050 / 5075 and strong support at 4920.

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