First Half Subdued !!!

Astro Technical Guide for Tuesday, 31.08.2010 ::

Astro Info:: Moon transits in Bharani constellation ruled by Venus upto 12.10pm and in Krittika ruled by Sun thereafter and persons born in Aardra, Swathi and Aslesha constellations and in Taurus and Virgo Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day : 9.45am; 12.10pm; 2.15pm;

Likely Intraday Trend for 31.08. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to remain subdued till about 12.00pm and recover thereafter till about 2.15pm and may become again subdued towards close of the day.
Power, Pharma, FMCG stocks may remain generally 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.

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 5447, 5466 and find support at 5411, 5392 and 5374 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5435 and in Bearish zone below 5415 for Tues day.

Nifty after opening better due to global cues fell sharply during the day to breach Friday’s low and recovered partially towards close of the day to close in the positive. However, Nifty fut continues to make lower tops and lower bottoms for the last 5 days suggesting weakness. Strong Support for Nifty fut exists in the region of 5360 below which it becomes further weak. Short positions can be continued with stop loss of 5510.

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