Mid Session Better !!!

Astro Technical Guide for Tuesday, 14.09.2010 ::

Astro Info:: Moon transits in Anuradha constellation ruled by Saturn upto 1.40pm and in Jyeshta ruled by Mercury thereafter and persons born in Bharani, Pubba and Poorvashadha constellations and in Sagittarius and Aries Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day : 11.00am; 12.15pm; 1.40pm;

Likely Intraday Trend for 14.09. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to remain subdued after opening till about 11.00am and recover thereafter particularly from 11.15am to 12.15pm and again may become subdued after 1.15pm.
Cement Steel stocks are expected to be better while Power, pharma, Fmcg stocks may remain subdued.

Astro Technical Trading Strategy for the day :: After 11.00am, If Nifty trades above Average Traded Price, long positions can be taken with a stop loss of about 10 points below Average Price and such positions can be closed by about 1.15pm.

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 5780, 5800 and 5820 and find support at 5740, 5720 and 5700 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5735 and in Bearish zone below 5710 for Tuesday.

Nifty after opening with upside gap continued to rally throughout the day and closed above 5750 with a gain of more than 2%. Nifty has gone into overbought territory and way above short term moving averages indicating some possible pull back. Existing long positions in Nifty may be trailed with a stop loss of 5560 or may be sold once to buy back at lower rates nearer to moving averages. However, short positions are to be strictly avoided unless market turns bearish.


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