VOLATILE MOVEMENTS …!!!

Astro Technical Guide for Tuesday, 29.06.2010 ::

Astro Info:: Moon transits in Sravana ruled by Moon and persons born in Punarvasu, Visakha and Poorvabhadra constellations and in Aquarius and Gemini Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day :9.35am; 11.45am; 1.35pm;.

Likely Intraday Trend for 29.06. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady and generally remain subdued between 9.35am and 11.45am and may again recover thereafter to become subdued after 1.30pm., Over all, a day with volatile movements.
Communication and Tech stocks may remain subdued.
.

Astro Technical Trading Strategy for the day :: After 9.45am, If Nifty fut trades below Low level recorded upto 9.30am, short positions can be taken with a stop loss of 10 points and such positions may be closed by 11.45am., After 12.00pm, if Nifty fut trades above Average Traded Price, long positions can be taken with a stop loss of 10 points below Average Price and such positions may be closed by 1.30pm or may be continued with strict trailing stop loss depending on the market position.

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 above5345 with resistance around 5380 and 5410 and weak below 5325 with supports around 5290 and 5265 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5325and in Bearish zone below 5310 for Tuesday.

Stop Loss for Nifty fut positional trade can be maintained at 5300(on close basis) . Strong Resistance at 5400 and Strong support at 5270 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