Astro Info:: Moon posited in Uttara ruled by Sun
Outlook for 01.06.09:: Market expected to open better and remain so to become subdued from 1.355pm and to become weak from 2.10pm ., Highest rates are likely to be recorded before noon.,
Trading strategy for the day :: If market opens steady and trades above open level by 10.30am , long positions can be taken to be closed by 1.30pm and short positions can be considered around 2.00pm with day high / day’s average traded price as stop loss to beclosed by close of the day.,
Advance out look for 2.6.2009 :: Market expected to open better and becomesubdued / weak from 11.30am to 1.30pm and recover thereafter to become weak towards close of the day.,
Technical Levels :: Nifty futures bullish above 4453 with resistance around4480,4502,4538 and bearish below 4436 with supports around 4410,4387 and 4351for the day...
Trade with stop loss..
Happy trading..
Dr. B Amaranath Sastry
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