Monday, May 18, 2009

Astro Technical View for 19.5.09

Astro Guide for 19.5.09::
On the back of yesterday's gap up opening due to euphoria, mareket is expected to open better and stabilise in the course of time. Market is expected to open better but immediately correct to rise again from 12.15pm to 2.15pm and again become subdued towards close of the day. This is purely based on planetary position and traders may have appropriate stop loss for their position based on technical levels.
Technical Levels ::
Nifty fut . is expected to be bullish above 4379 with resistance around
4405,4426,4461 and 4518 and weak below 4360 with supports around 4335,4313 , 4278 and 4220 for the day..
Happy Trading....
Dr. B Amaranath Sastry

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