FIRST HALF SUBDUED AND RECOVERY IN SECOND HALF …!!!

Astro Technical Guide for Wednesday, 21.07.2010 ::

Astro Info:: Moon transits in Anuradha ruled by Saturn and persons born in Bharani, Pubba and Poorvashadha constellations and in Sagittarius and Aries Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day : 10.45am; 12.45pm; 2.50pm;

Likely Intraday Trend for 21.07. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady and generally remain subdued till about 12.45pm and slowly recover thereafter.
Public Sector Bank stocks and Tech stocks are generally expected to be better.

Astro Technical Trading Strategy for the day :: After 9.30am, if Nifty fut trades below Open price, short positions can be taken with High as stop loss and such positions may be closed by 12.30pm; After 1.00pm, if Nifty fut trades above Average Traded Price by atleast 5 points, long positions can be taken with a 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 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 above5370 with resistance around 5405 and 5430 and weak below 5345 with supports around 5310 and 5285 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5390and in Bearish zone below 5375 for Wednesday.

Market, after trading in a narrow range for most part of the day, witnessed sell off in the last hour and closed nearer to key support level. If Nifty closes convincingly below 5350, further fall can be expected in the near future. If Nifty closes below 5350, risky traders can consider Short positions with 5450 as stop loss. Immediate supports for Nifty are at 5325 / 5285 / 5225.

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