Astro Info :: Moon in Virgo to Scorpio in the constellations from Hastha to Anuradha.
29.6.09::Market expected to open steady and immediately become weak and recover after 12.00pm and may become weak towards close of the day. Market expected to be specifically good between 12.15pm to 1.30pm. PSU and Power sectors are expected to eb subdued.
30.6.09:: Market expected to open subdued and immediately recover and remain subdued after 11.40am. However, there can be some recovery between 1.30pm and 2.30pm. Software stocks are expected to be better.
1.7.09:: Market expected to open steady and immediately recover and generally remain steady to better. Steel stocks could be subdued while Bank and Technology could be better.
2.7.09:: Market expected to open better and remain steady in second half of the day.
Steel stocks could be better while Technology could be subdued.
3.7.09:: A voaltile day with wild fluctuations. Market expected to open better and remain weak after 11.30a and recover after 1.30pm. PSU adn Bank stocks could be subdued.
In view of the pre budget week, some euphoria is possible and market is generally expected to remain better.
Technical Levels:: Nifty bullish above 4400 with resistance around 4467, 4524 and 4616 and weak below 4350 with supports around 4285,4225,and 4134 for the week . Market may not go below 4250 this week.
Above observations are based on Planetary positions and traders are advised to consider technicals also and adapt to intraday movements with strict stop loss.
Happy trading
Dr. B Amaranatha Sastry.
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