First Half Subdued and Second Half Better with 2.00pm to 3.00pm being Crucial !!!

Astro Technical Guide for Wednesday, 27.10.2010 ::

Astro Info:: Moon transits in Mrigasira constellation ruled by Mars and persons born in Pushyami, Anuradha and Uttarabhadra and in Gemini and Libra Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day : 10.45m; 1.50pm; 2.50pm;


Likely Intraday Trend for 27.10.2010 ::
On the basis of planetary position and aspects amongst planets , Market expected to generally remain subdued in the first half and expected to be generally better in the second half with crucial time being 2pm to 3pm.
Bank stocks are expected to be volatile.

Astro Technical Trading Strategy for the day :: After 1.30pm, if Nifty futures trades above Average Price by about 10 points , long positions can be taken with a stop loss of 10 points below Average Price and such positions may be closed by end of the day.

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 6135, 6155 and 6185 and find support at 6074, 6055 and 6025 for the day ...
Based on present market movement, Nifty fut. would be in Bullishzone above 6123 and in Bearish zone below 6110 for Wednes day.

Tues day was one of the narrowest days in the recent past, notwithstanding intraday volatility within the range . With F&O expiry expiry approaching, there would be more scrip based movements and Bullish scrips becoming more bullish and Bearish scrips sliding further. However, Nifty futures continues to maintain premium over spot with just Two days before expiry indicating bullish view of the market participants / short positions in the market. Nifty is expected to trade in the broad range of 6050 and 6150 before F&O expiry, barring unusual movements.

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