Friday, June 5, 2009

Astro Technical Guide for 5.6.09

Astro Info:: Moon posited in Visakha ruled by Jupiter

Outlook for 05.06.09:: Market expected to open better and remain steady thereafter to recover from 11.10am and to change its direction (mostly subdued / weak) from 1.20pm. Major trend change time during the day 11.40am and 1.16pm.,
Trading strategy for the day :: Based on the above timings , trading stragey mayu be designed and trading itions to be liquidated by 1.15 / be held with trailing stop loss.
Technical Levels :: Nifty futures bullish above 4594 with resistance around4621,4644,4671 and bearish below 4575 with supports around 4548,4525 and 4488for the day...
Trade with stop loss..
Happy trading..
Dr. B Amaranath Sastry

No comments:

Post a Comment