VOLATILE MOVEMENTS inclined towards Bullishness …!!!

Astro Technical Guide for Tuesday, 20.07.2010 ::

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

Sensitive / Trend change Timings for the day : 10.30am; 12.10pm; 2.00pm;

Likely Intraday Trend for 20.07. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady and recover opening and become subdued after 11.00am and again recover after 1.30pm leading to zigzag movements.
PSU, Power, Pharma stocks are expected to remain better in second half of the day.

Astro Technical Trading Strategy for the day :: After 1.30pm, 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 above5395 with resistance around 5430 and 5455 and weak below 5375 with supports around 5340 and 5315 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5400and in Bearish zone below 5385 for Tuesday.

Market traded in a narrow range and closed marginally weak for the day and showed resilience considering global cues..
Stop loss for existing long positions may be trailed to 5350. (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