Mid Session Better ……!!!

Astro Technical Guide for Thursday, 30.12.2010 ::

Astro Info:: Moon transits in Swathi ruled by Rahu and persons born in Aslesha, Jyeshta and Revathi and in Scorpio and Pisces Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day : 9.15am; 10.30am; 1.20pm; 3.05pm;

Likely Intraday Trend for 30.12.2010 ::
On the basis of planetary position and aspects amongst planets, After initial steady movements, market is expected to recover (particularly from 10.30 to 11.15am) and remain steady / subdued towards close of the day.
Communication stocks are expected to be subdued while PSU stocks may recover in second half of the day.

Astro Technical Trading Strategy for the day :: After 10.15am, if Nifty fut trades above Open Level and Average Traded Price, long positions can be taken with day low level as stop loss and such positions may be closed by 1.00pm .

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 be bullish above 6075 with resistance at 6090, 6108, 6140 and weak below 6050 with supports at 6030, 6011, 5981 for the day ... Based on present market movement, Nifty . would be in Bullishzone above 6050 and in Bearish zone below 6035 for Thurs day. Nifty fut is expected to trade between 6099 / 6120 on higher side and 6020 on Lower side.

Nifty traded in the positive zone and maintained bullish momentum through out the day and closed at the upper end of the day and pierced the key resistance level of 6050. Next major resistance is 6125. Strong support for Nifty exists at 6000. Being last day of F&O expiry, scrip specific action is most likely.

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