FIRST HALF SUBDUED …!!!

Astro Technical Guide for Friday, 09.07.2010 ::

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

Sensitive / Trend change Timings for the day :10.30am; 1.300pm;

Likely Intraday Trend for 09.07. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady / subdued and remain so till 11.30 am and exhibit volatile movements thereafter with out any clear direction and may recover towards close of the day. Bank and Tech stocks may fare better.


Astro Technical Trading Strategy for the day :: 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. (If market opens flat, short positions can be tried after 9.15am below 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 above5320 with resistance around 5355 and 5380 and weak below 5290 with supports around 5255 and 5230 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5230and in Bearish zone below 5210 for Friday.

Following global cues, Market exhibited strength and traded with in the broader range and Nifty closed just below 5300. As per the present indications, Nifty becomes weak only when it closes below 5225 , as it has taken support several times around that range and becomes further bullish above 5350 / 5400.

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