First Half Better … !!!

Astro Technical Guide for Tuesday, 12.10.2010 ::

Astro Info:: Moon transits in Jyeshta constellation ruled by Mercury and persons born in Krittika, Uttara and Uttarashadha constellations and in Libra and Aquarius Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day : 10.25am; 1.30pm;


Likely Intraday Trend for 12.10.2010 ::
On the basis of planetary position and aspects amongst planets , Market expected to generally remain better till about 11.30 and remain steady thereafter and may again recover after 1.30pm.
PSU, Tech, Communication stocks may remain better while FMCG, Entertainment stocks may 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 price as stop loss and such positions may be closed by 11.30am or be continued with strict trailing 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 6185, 6205 and 6235 and find support at 6125, 6105 and 6075 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 6170 and in Bearish zone below 6155 for Tues day.

Nifty, after opening with upside gap, could not sustain at higher levels and remained subdued, without getting into negative zone, and closed in positive territory. Nifty has remained sideways for the past One week and Nifty fut. would direction above 6250 or below 6095.


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