VOLATILE MOVEMENTS (incline towards Bearishness) …!!!

Astro Technical Guide for Friday, 30.07.2010 ::

Astro Info:: Moon transits in Poorvabhadra ruled by Jupiter and persons born in Aswini, Makha and Moola constellations and in Pisces and Cancer Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day : 9.50pm ; 2.10pm;

Likely Intraday Trend for 30.07. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady / subdued and remain subdued in the opening hour and generally remain volatile thereafter. Time from 1.15pm to 2.15pm is to be watched for any specific direction.
PSU, FMCG, Entertainment Power , cement, steel stocks are generally expected to display volatile movements (mostly inclined towards bearishness)

Astro Technical Trading Strategy for the day :: After 9.30am, 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 12.30pm or be continued with trailing stop loss depending on market position.

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 would be bullish above5420 with resistance around 5455 and 5480 and weak below 5400 with supports around 5365 and 5340 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5410and in Bearish zone below 5395for Friday.

Nifty traded in a narrow range on the last day of F&O month ,which ended on a positive note with about 2% gain in the month. Market has been in a very narrow range for a long time and can be expected to seek clear direction very soon. (If Nifty breaks 5350, downfall is most likely and if it pierces 5480 further uptrend is possible. )

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