First Half Better… !!!

Astro Technical Guide for Tuesday, 21.09.2010 ::

Astro Info:: Moon transits in Sathabhisham constellation ruled by Rahu and persons born in Aslesha, Jyeshta and Revathi constellations and in Pisces and Cancer Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day : 9.50am; 1.45pm; 2.50pm;

Likely Intraday Trend for 21.09. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open better and generally remain better in the first half and may remain steady thereafter with volatile movements from 1.45pm to 2.45pm.
FMCG, Entertainment, Power stocks are expected to be better. Cement and Steel stocks could remain subdued.

Astro Technical Trading Strategy for the day :: After 9.30am, If Nifty trades above Open Price and Average Traded Price , long positions can be taken with low as stop loss and such positions may be closed by 1.00pm or be continued with strict trailing stop loss.
Market being in highly overbought situation, high degree of caution is suggested.
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 6030, 6050 and 6080 and find support at 5970, 5950 and 5920 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5965 and in Bearish zone below 5945 for Tuesday.

Nifty opened better continued to rally through out the day and more forcefully towards close of the day. Next major resistance can be in the region of 6050 / 6150 around which, market would consolidate and reasonable retracement can be expected. Trailing stop loss for Nifty future can be advanced to 5875 / 5800.
W D Gann Sensitive date for market reversal is 22nd September .


Note :: Intraday trend given above is relative and based purely on the basis of planetary positions / aspects and needs to be understood and applied depending on the realtime 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