SECOND HALF BETTER …!!!!

Astro Technical Guide for Wednesday, 16.06.2010 ::

Astro Info:: Moon transits in Aslesha ruled by Mercury and persons born in Krittika, Uttara and Uttarashadha constellations and in Leo and Sagittarius Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day :9.30am; 10.30am; 12.45pm;

Likely Intraday Trend for 16.06. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady and after initial hiccups may remain generally better particularly after 12.30pm.
Bank and Tech stocks may remain subdued.

Astro Technical Trading Strategy for the day :: If Nifty fut trades above Average Traded Price after 12.45pm, long positions can be taken with 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 above5235 with resistance around 5265 and 5295 and weak below 5215 with supports around 5185 and 5155 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5220and in Bearish zone below 5200 for Wednesday.

Market continued its bullish momentum and very strong resistance exists around 5250 and . Strong support exists around 5150. Stop loss for Nifty fut positional trade can be trailed to 5100. Technically, market may have correction , due to overbought situation, which may be used to take long positions. However, sudden surprises also can not be ruled out.

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