MIDSESSION SUBDUED …!!!

Astro Technical Guide for Wednesday, 28.07.2010 ::

Astro Info:: Moon transits in Dhanishta ruled by Mars upto 2.50pm and in Sathabhisham thereafter ruled by Rahu and persons born in Pushyami, Anuradha and Uttarabhadra constellations and in Pisces and Cancer Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day : 10.15am; 12.25PM; 2.50pm;

Likely Intraday Trend for 28.07. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady and generally remain subdued / weak from 10.15am to 12.30pm and may recover thereafter . Market may become subdued towards close of the day (After 3.30pm). Power, pharma stocks may remain subdued while Communication stocks may remain volatile.

Astro Technical Trading Strategy for the day :: After 10.15am, if Nifty fut trades below Open Price and Average Price, short positions can be taken with day high as stop loss and such positions may be closed by 12.15pm. After 1.00pm, if Nifty fut trades above Average Price by at least 5 points, long positions can be taken with a stop loss of 10 points below Average Price and such positions may be closed by about 3.00pm.

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 above5440 with resistance around 5475 and 5500 and weak below 5420 with supports around 5385 and 5360 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5442and in Bearish zone below 5428for Wednesday.

RBI’s credit policy was in line with market expectation and Market traded in a narrow range and closed with marginal gains. Strong Resistance for Nifty exists in the region of 5480 and 5525
Nifty becomes weak below 5375 (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