Astro Info:: Moon transits in Jyeshta ruled by Mercury and persons born in Krittika, Uttara and Uttarashadha constellations and in Sagittarius and Aries Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day : 10.15am; 1.50pm;
Likely Intraday Trend for 22.07. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady / subdued and remain subdued till about 10.15am and recover thereafter and may have volatile movements after 12.30pm.
Communication stocks may remain better. Metal / Cement stocks may remain better till this weekend.
Astro Technical Trading Strategy for the day :: After 10.15am, if Nifty fut trades above Open price and Average Price, long positions can be taken with Low level as stop loss and such positions may be closed by 12.30pm or be continued with trailing stop loss depending on 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 above5415 with resistance around 5450 and 5475 and weak below 5380 with supports around 5345 and 5320 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5400and in Bearish zone below 5385 for Thursday.
Market after gap up opening due to global cues maintained positive momentum and closed near 5400. Nifty becomes weak below 5360 (on close basis) and further strong above 5425 / 5450.
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..
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