RECOVERY IN SECOND HALF .. !!!

Astro Technical Guide for Thursday, 01.07.2010 ::

Astro Info:: Moon transits in Sathabhisham ruled by Rahu and persons born in Aslesha, Jyeshta and Revathi constellations and in Pisces and Cancer Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day :9.30am; 2.10pm; 2.45pm;

Likely Intraday Trend for 01.07. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open subdued and remain subdued after 9.30am and might recover towards close of the day (after 1.45pm.)
PSU stocks are expected to recover towards close of the day.
.

Astro Technical Trading Strategy for the day :: After 9.30am, If Nifty fut trades below Low recorded upto 9.30am, short positions can be taken with Day high as stop loss and such positions may be closed by 1.00pm., After 2.00pm, 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 above5325 with resistance around 5360 and 5390 and weak below 5300 with supports around 5265 and 5240 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5285and in Bearish zone below 5260 for Thursday.

Contrary to global trends, Nifty fut . recovered sharply and regained Tuesday’s losses and closed above 5300. For Positional short positions, Stop loss may be maintained at 5350(on close basis) Strong Resistance at 5375 and Strong support at 5220 are seen for Nifty.

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