11.20am to 12.20pm Crucial … !!!

Astro Technical Guide for Wednes day, 13.10.2010 ::

Astro Info:: Moon transits in Moola constellation ruled by Ketu and persons born in Rohini, Hastha and Sravana constellations and in Capricorn and Taurus Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day : 11.05am; 12.15pm; 1.25pm


Likely Intraday Trend for 13.10.2010 ::
On the basis of planetary position and aspects amongst planets , Market expected to generally remain subdued till about 11.00am and time from 11.20 to 12.15pm is crucial the day’s movement (bullish bias) and may again recover after 1.30pm.
Pharma, Power and FMCG stocks are expected to be better.

Astro Technical Trading Strategy for the day :: After 11.15am, If Nifty trades above Average Traded Price by about 10 points, long positions can be taken with a stop loss of 10 points and such positions may be closed by end of the day. (If market opens steady, short positions below Open Price can be tried after 9.30am to be closed by about 11am).

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 6145, 6165 and 6195 and find support at 6085, 6065 and 6035 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 6125 and in Bearish zone below 6105 for Tues day.

Nifty, after opening lower continued down ward journey till about 12.000pm due to poor IIP data and remained sideways thereafter. Nifty fut. is weak for short term and is expected to find support around 6050 and face resistance around 6200. However, over all market is strong and any significant weakness may be utilized for medium term positions. Astrologically, present down trend may accelerate in the beginning of next week. Hence, short term traders may sell on rise with 6250 as strict stop loss.


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