Volatile Movements with Recovery in Closing Session …!!!

Astro Technical Guide for Tuesday, 27.07.2010 ::

Astro Info:: Moon transits in Sravana ruled by Moon upto 12.00pm and in Dhanishta thereafter ruled by Mars and persons born in Pushyami, Anuradha and Uttarabhadra constellations and in Aquarius and Gemini Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day : 10.00am; 12.00PM; 2.00pm;

Likely Intraday Trend for 27.07. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady and generally remain subdued till about 10.00am and recover thereafter till 12.00pm to again become subdued thereafter. Market may however recover after 2.00pm .
Bank stocks, Entertainment, FMCG stocks may remain subdued.

Astro Technical Trading Strategy for the day :: After 2.00pm, if Nifty fut trades above Average Price by atleast 5 points , long positions can be taken with 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 above5430 with resistance around 5465 and 5490 and weak below 5410 with supports around 5375 and 5350 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5445and in Bearish zone below 5430for Tuesday.

Market generally remained weak throught the day and exhibited nervousness ahead of RBI Credit policy. Strong Resistance for Nifty exists in the region of 5480 and 5525
Nifty becomes weak below 5375 (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