Second Half Subdued …!!!

Astro Technical Guide for Wednesday, 15.12.2010 ::

Astro Info:: Moon transits in Revathi constellation ruled by Mercury and persons born in Krittika, Uttara and Uttarashadha and in Aries and Leo Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day : 10.10am; 1.35pm; 2.20pm;

Likely Intraday Trend for 15.12.2010 ::
On the basis of planetary position and aspects amongst planets, After opening market is expected to remain better from 10 to till about 12.30pm and slowly become subdued thereafter with sensitive time between 1035 and 2.20pm.
Cement, Steel stocks are expected to display volatile movements.

Astro Technical Trading Strategy for the day :: After 9.30am, if Nifty fut trades above High recorded upto 9.30am, long positions can be taken with Day Low level as stop loss and such positions may be closed 12.30pm. After 2.00pm, if Nifty fut trades atleast 10 points below Average Traded Price , short positions can be taken with a stop loss of 10 points above Average Traded Price and such positions can 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 be bullish above 5970 with resistance at 5987, 6005 and 6035 and weak below 5946 with supports at 5928, 5910, 5880 for the day ... Based on present market movement, Nifty . would be in Bullishzone above 5945 and in Bearish zone below 5930 for Wednesday. Under normal circumstances, Nifty fut. Is expected to trade between 5916 and 5993 which may extend to 6032 and 5878 if the above levels are breached.

After hesitant movements in the initial hour, market traded in the positive zone and has made a new high and Nifty closed just below 5950. Market appears to have temporarily bottomed out and 5800 may become a critical support area for this month. However, resistance at 6025 is also quite critical and if Nifty closes above 6000 this weekend, fresh upmove is most likely. However, high degree of caution is advised inview of the sharp moves that are possible due to turbulent planetary position.

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