Thursday, July 15, 2010

SECOND HALF BETTER …!!!

Astro Technical Guide for Thursday, 15.07.2010 ::

Astro Info:: Moon transits in Pubba ruled by Venus and persons born in Mrigasira,Chitta and Dhanishta constellations and in Virgo andn Capricorn Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day : 10.40am; 12.45pm.

Likely Intraday Trend for 15.07. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady and remain subdued till about 11.30am and slowly recover thereafter till about 3.00pm and may become subdued thereafter.
Power and Pharma stocks may fare better.

Astro Technical Trading Strategy for the day :: After 11.00am, if Nifty fut trades above Open and 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 about 3.00pm. Since Market is expected to open better on Friday Morning, risky traders can carry long positions overnight and sell in the First hour.

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 above5395 with resistance around 5430 and 5455 and weak below 5370 with supports around 5335 and 5310 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5425and in Bearish zone below 5405 for Thursday.

Market made a new high but came off from high level and closed well below 5400 .
Stop loss for existing long positions may be trailed to 5330.

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

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