First Half Subdued !!!

Astro Technical Guide for Friday, 27.08.2010 ::

Astro Info:: Moon transits in Uttarabhadra ruled by Saturn and persons born in Bharani, Pubba and Poorvashadha constellations and in Aries and Leo Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day : 9.40am; 11.20am; 12.30pm;

Likely Intraday Trend for 27.08. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady and is expected to till about 12.00pm and may recover from 12.30pm to 2.30pm and may again become steady thereafter. A volatile day with good fluctuations . Bank stocks may remain better while PSU and Cement, steel stocks may remain subdued.

Astro Technical Trading Strategy for the day :: After 9.30am, if Nifty fut trades below Open Price (prefarbly below Low level upto 9.30am), short positions can be taken with stop loss of High price recorded till them and such positions may be closed by 12.00pm. After 12.30pm, depending on market position, long positions can be attempted if Nifty trades above Average Price with suitable stop loss.


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 5495, 5515 and find support at 5458, 5440 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5485 and in Bearish zone below 5470 for Fri day.

Nifty traded in a very narrow range and closed positively , but well below 5500 mark. If Nifty closes below 5440, down trend would accelerate. In case it closes above 5510, new high also can be attempted. However, considering global cues and astro indications, chances of Nify breaching 5440 and going down is more probable.

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