MIDSESSION WEAK …!!!

Astro Technical Guide for Wednesday, 30.06.2010 ::

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

Sensitive / Trend change Timings for the day :11.00am; 1.20pm;

Likely Intraday Trend for 30.06. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open subdued and after steady movements, expected to remain weak from 11.00am to 1.15pm and may recover thereafter.
Oil stocks may remain better.
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Astro Technical Trading Strategy for the day :: After 11.00am, If Nifty fut trades below Average Traded Price. short positions can be taken with a stop loss of 10 points above Average Price and such positions may be closed by 1.15pm.

Open level is important for intraday trading and generally, intraday short positions are suggested 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 above5280 with resistance around 5315 and 5345 and weak below 5260 with supports around 5225 and 5200 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5290and in Bearish zone below 5270 for Wednesday.

Nifty fut . breached key support level of 5270 and closed marginally below that level indicating weakness. For Positional short positions, Stop loss may be maintained at 5350(on close basis) Strong Resistance at 5350 and Strong support at 5220 are seen for Nifty.

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