First Half Better … !!!

Astro Technical Guide for Fri day, 15.10.2010 ::

Astro Info:: Moon transits in Uttarashadha constellation ruled by Sun and persons born in Aardra, Swathi and Sathabhisham constellations and in Aquarius and Gemini Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day : 1.00pm; 3.00pm;


Likely Intraday Trend for 15.10.2010 ::
On the basis of planetary position and aspects amongst planets , Market expected to generally remain better in the forenoon and may become subdued in the second half of the day. However, time from 1.00pm to 2.00pm is crucial for the day.
Bank stocks are expected to be better and PSU and Communication stocks may remain subdued.

Astro Technical Trading Strategy for the day :: After 9.30am, if Nifty opens steady, long positions can be taken above Open price with Low Price as stop loss and such positions may be closed before noon.

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 6225, 6245 and 6275 and find support at 6165, 6145 and 6115 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 6265 and in Bearish zone below 6235 for Fri day.

Nifty, after initial upmove, encountered selling which got intensified in the afternoon and erased majority of Wednesday’s gains, signaling a technical correction too. Strong support for Nifty fut exists at 6150 and 6050 and resistance at 6320 and 6400.


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