Mid Session Subdued ….. !!!

Astro Technical Guide for Friday, 21.01.2011 ::

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

Sensitive / Trend change Timings for the day : 10.20am; 11.10am; 1.35pm;

Likely Intraday Trend for 21.01.2011 ::
On the basis of planetary position and aspects amongst planets, Market is expected to generally remain better till about 10.20am and slowly become subdued / volatile (bearish bias) and more volatile movements (either side) after 1.30pm.,
Communication stocks may remain subdued.

Astro Technical Trading Strategy for the day ::After 10.30am, if Nifty fut trades below Open Price and Average Traded Price, short positions can be taken with Low level as stop loss and such positions may be closed by 1.30pm or be maintained with strict trailing stop loss.

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 5725 with resistance at 5745, 5761 and 5790 and weak below 5700 with supports at 5685, 5670 and 5640 for the day ... Based on present market movement, Nifty fut . would be in Bullishzone above 5700 and in Bearish zone below 5675 for Friday. Nifty fut. is expected to trade between 5755/ 5790 on the higher side and 5675 / 5640 on the Lower side.

Market after remaining subdued / weak till about 1.30pm, went up sharply to close above 5700 . While strong support exists around 5600, Nifty needs to close above 5750 to avert further fall / bearishness.

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