Wednesday, June 17, 2009

Astro Technical Guide for 18.6.09

Astro Info:: Moon posited in Aswini ruled by Ketu
Outlook for 18.06.09:: Market expected to open steady / subdued and may recover from 10.20am and further from 11.00am and to become steady / subdued from 2.30pm and market expected to close in green
Trading strategy for the day :: If market opens steady and trades above open level by 10.30am , long positions can be taken with day low as stop loss and trend change can happen around 12.30pm .

It should be borne in mind that the general market is in correction mode and long position of morning is against the general trend and traders should be alert.
Advance out look for 19.6.2009 :: Market expected to open better and and immediately become subdued to recover in second half of the day.
Technical Levels :: Nifty futures bullish above 4348 with resistance around4374,4396,4431(and 4487 in case of extreme bullishness) and bearish below 4331 with supports around 4305,4283 and 4248 for the day...
Astro guidance is to be used as an additional tool in addition to technicals and adapted depending on intraday movements..
Trade with stop loss..
Happy trading..
Dr. B Amaranath Sastry

1 comment:

  1. Your astro guidance is quite useful. Thanks for the service to Traders.

    ReplyDelete