SECOND HALF BETTER …!!!

Astro Technical Guide for Tuesday, 13.07.2010 ::

Astro Info:: Moon transits in Pushyami upto 11.35am ruled by Saturn and in Aslesha ruled by Mercury thereafter and persons born in Bharani, Pubba and Poorvashadha constellations and in Leo and Sagittarius Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day :11.35am; 1.00pm;

Likely Intraday Trend for 13.07. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady and remain generally subdued till 11.30 am and is expected to generally recover thereafter.
Metal and Tech stocks could remain subdued.


Astro Technical Trading Strategy for the day :: After 12.00pm, 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 above5390 with resistance around 5425 and 5450 and weak below 5370 with supports around 5335 and 5310 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5385and in Bearish zone below 5370 for Tuesday.

Market closed positive despite not so encouraging IIP numbers. Nifty also crossed 5400 market for a brief period during the day and made a new 30 month high. Stop loss for Nifty long position may be maintained at 5275. If Nity sustains above 5400, target of 5500+ is possible. However, high degree of caution is advised therafter as a deep correction is expected in August and September.

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