First half Subdued … !!!

Astro Technical Guide for Thursday, 12.08.2010 ::

Astro Info:: Moon transits in Pubba ruled by Venus upto 1.15pm and in Uttara thereafter and persons born in Mrigasira ,Chitta and Dhanishta constellations in the forenoon and in Virgo and Capricorn Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day : 9.45am; 1.15pm; 3.00pm;

Likely Intraday Trend for 12.08. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open subdued and may become weak after 10.00am and may recover in the afternoon to again become weak towards close of the day. (After 3.00pm).

Astro Technical Trading Strategy for the day :: After 10.00am, 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 1.00pm.

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 is expected to face resistance at 5428, 5447 and find support at 5391 and 5373 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5445 and in Bearish zone below 5430for Thurs day.

Market appears to have come out of the narrow range by breaking down and closing below 5420. If Nifty trades below 5400, it can be presumed that High level for August is in place and Nifty is set to test 5350 and 5250 also. Astrologically, period upto 21st August is very sensitive and indicates significant bearishness. However, if nifty Nifty does not break 5400, it can test 5525 which however appears unlikely.

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