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Astro Technical Guide for Friday, 28.01.2011 ::

Astro Info:: Moon transits in Anuradha ruled by Saturn and persons born in Bharani, Pubba and Poorvashadha and in Sagittarius and Aries Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day : 10.00am; 1.40pm; 3.10pm;

Likely Intraday Trend for 28.01.2011 ::
On the basis of planetary position and aspects amongst planets, After initial hesitant movements till about 10.00am, Market is expected to generally recover till about 3.00pm and may become subdued thereafter.
Bank stocks are generally expected to remain better.

Astro Technical Trading Strategy for the day :: After 10.00am, if Nifty fut trades above Open Price and Average Traded Price, long positions can be taken with Low level as stop loss and such positions may be closed by 3.00pm .

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 is expected to be bullish above 5615 with resistance at 5645, 5675 and weak below 5590 with supports at 5555, 5525 for the day ... Based on present market movement, Nifty would be in Bullishzone above 5670 and in Bearish zone below 5645 for Friday. Nifty fut. is expected to trade between 5640/ 5685 on the higher side and 5565 / 5530 on the Lower side.

Market experienced selling pressure through out the day and made a new low in the last 4 months and closed near 5600 crucial level. Last day of F&O expiry also appeared to have contributed to the significant fall besides FII selling. New F&O series commences from Friday and Nifty would become strong only when it closes above 5750, which it has not been able to do since 14th January. However, very strong support zone exists for Nifty between 5500 and 5600.

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