Forenoon subdued .. Closing Session Better…… !!!

Astro Technical Guide for Tues day, 05.10.2010 ::

Astro Info:: Moon transits in Makha constellation ruled by Ketu upto 1.20pm and in Pubba ruled by Venus thereafter and persons born in Rohini, Hastha and Sravana constellations and in Virgo and Capricorn Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day : 9.30am; 1.20pm;


Likely Intraday Trend for 05.10.2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to generally remain subdued / weak in the forenoon session and recover after 1.30pm FMCG, Entertainment and Chemical stocks are expected to be better in the afternoon.

Astro Technical Trading Strategy for the day :: After 1.30pm, If Nifty trades above Average Traded 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 6210, 6230 and 6260 and find support at 6130, 6100 and 6050 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 6220 and in Bearish zone below 6200 for Tues day.

Nifty, after recorded highest level in the initial hour, slowly erased most of the gains by close of the day to close nearly flat for the day indicating bearish pattern for the day. However, overall market is extremely bullish and loses its strength only below 6000. Immediate resistance is at 6250 and Support at 6050 / 6000.


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