Second Half Better ….. !!!

Astro Technical Guide for Tuesday, 11.01.2011 ::

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

Sensitive / Trend change Timings for the day : 9.25am; 11.445am; 12.40pm;

Likely Intraday Trend for 11.01.2011 ::
On the basis of planetary position and aspects amongst planets, Market is generally expected to remain subdued after opening but recover in the second half of the day.

Astro Technical Trading Strategy for the day ::After 1.00pm, if Nifty fut trades above Average Traded Price, long positions can be taken with a stop loss of 10 points below Average Traded Price and such positions may be closed by end of the day. (Intraday long positions are against the general short term trend, hence extreme caution is advised)

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 5769 with resistance at 5785, 5803, 5832 and weak below 5745 with supports at 5728, 5711, 5680 for the day ... Based on present market movement, Nifty fut . would be in Bullishzone above 5845 and in Bearish zone below 5815 for Tuesday. Nifty is expected to trade between 5795/ 5815 on higher side and 5720 / 5700 on Lower side.

Nifty fell sharply for the 5th consecutive day and is near very crucial support level. Strong support exists at 5700 and 5600 levels and resistance at 5975. It is better to wait for buying till stability returns to the market. Market is expected to bottom out, technically, once Nifty closes above 5820.

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