Mid Session Subdued …. ….. !!!

Astro Technical Guide for Wednesday, 12.01.2011 ::

Astro Info:: Moon transits in Revathi 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 : 11.45am 12.30pm; 2.35pm;

Likely Intraday Trend for 12.01.2011 ::
On the basis of planetary position and aspects amongst planets, Market is generally expected to remain better in the opening session upto 11am and remain steady thereafter (with sensitive time from 11.45 to 12.30) and remain weak from 12.30 to 2.15 and may recover thereafter.
PSU and FMCG stocks are expected to be subdued.

Astro Technical Trading Strategy for the day ::After 11.30am, if Nifty fut trades below Average Traded Price, short positions can be taken with suitable stop loss above Average Traded Price and such positions may be closed by 2.00pm.,

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 5817 with resistance at 5834, 5851, 5880 and weak below 5793 with supports at 5776, 5758, 5730 for the day ... Based on present market movement, Nifty fut . would be in Bullishzone above 5785 and in Bearish zone below 5755 for Wednesday. Nifty is expected to trade between 5845/ 5880 on higher side and 5765 / 5730 on Lower side.

Nifty experienced highly volatile movements in the last hour . The way market pulled back from low levels in the last 30 minutes suggests bottoming out for the short term. If Nifty closes above 5850, further recovery can be expected to face strong resistance in the region of 5950.

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