FIRST HALF BETTER and SECOND HALF SUBDUED …!!!

Astro Technical Guide for Thursday, 08.07.2010 ::

Astro Info:: Moon transits in Krittika ruled by Sun and persons born in Aardra, Swathi and Sathabhisham constellations and in Gemini and Libra Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day :11.00am; 12.00pm; 2.30pm;

Likely Intraday Trend for 08.07. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open better and remain better till 11.00am and is expected to become subdued / weak thereafter till about 1.30pm and may marginally recover thereafter. However, highest rates for the day are likely to be recorded before noon.
Bank, Cement and Steel stocks may remain better while PSU stocks could come under pressure.


Astro Technical Trading Strategy for the day :: After 11.00am if Nifty fut trades below Average Traded Price by atleast 5 points, short positions can be taken with a stop loss of 10 points below Average Price and such positions may be closed by 1.30pm or be continued with strict trailing stop loss. end of the day. (If market opens flat, long positions can be tried after 9.15am above Open level to be closed by 11.00am)

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 above5260 with resistance around 5290 and 5315 and weak below 5235 with supports around 5200 and 5175 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5270and in Bearish zone below 5255 for Thursday.

Market could not sustain Tuesday’s gains and closed below 5250 . However, Nifty continues to be in the range of 5325 and 5225 nearly for the last Two weeks . July 7th is a minor trend change date of WD Gann. Market would seek fresh directional trend above 5325 or below 5225 (on close basis).

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