SECOND HALF SUBDUED …!!!

Astro Technical Guide for Monday, 05.07.2010 ::

Astro Info:: Moon transits in Aswini ruled by Ketu and persons born in Rohini, Hastha and Sravana constellations and in Taurus and Virgo Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day :10.00am; 12.00pm; 1.35pm;

Likely Intraday Trend for 05.07. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open Steady and remain volatile between 9.00 to 10.00am and from 11.00am to 12.00pm and may generally remain subdued in second half of the day.
There may not be any clear trend for the market. .
.

Astro Technical Trading Strategy for the day :: After 1.00PM, If Nifty fut trades below Average Traded Price by atleast 5 points, short positions can be taken with a stop loss of 10 points above 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 above5255 with resistance around 5285 and 5310 and weak below 5235 with supports around 5205 and 5180 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5255and in Bearish zone below 5245 for Tuesday.

Market remains lacklustre and Bharat Bandh was clearly evident in market movement too aided by absence of global cues also. Nifty is directionless between 5300 and 5200 and need to break eitherside to seek a clear direction. For Positional short positions, Stop loss may be maintained at 5300(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