Astro Info:: Moon transits in Anuradha constellation ruled bySaturn. Persons born in Bharani, Pubba and Poorvashadhaconstellations and in Sagittarius and Aries zodiac signs are advisedto be alert in their dealings.
Sensitive / Trend change Timings for the day :: 10.05am; 11.40am;12.25pm; 2.25pm;
Likely Intraday Trend for 27.08.09:: On the basis of Planetaryposition and the aspects amongst planets, outlook for the day isexpected in the following manner ::
On the basis of planetary position, Market is expected to open steady / subdued and remain steady / marginally better there after and expected to be volatile from 12.25pm to 1.25pm and recover from 1.30 and remain volatile again after 2.30pm.
Being last day of F&O expiry, scrip specific movements are most likely and huge volatility is to be expected.
Technology, Media and Entertainment stocks are expected to be betterwhile PSU and Bank stocks could be subdued.
Astro Technical Trading Strategy for the day :: In view of hugevolatility that is expected, traders are advised to be highlycautious. Nifty 4700 August both call and put options may be boughttogether which may give high returns with limited risk in view of theexpected volatiltiy. Nifty futures Day’s Average Traded Price(ATP) maytaken as the reference point and a proper strategy may be devised asper the above outlook and the actual market movement with appropriatestop loss.Stop loss is a must for intraday trading and such stop loss needs tobe adjusted depending on intraday movements.
Technical Levels for the day:: Nifty Futures would be bullish above4690 with resistance around 4717, 4741 and 4778 and bearish below 4670with supports around 4643, 4619 , and 4581 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 4685 and in Bearish zone below 4670 for Thursday. Nifty moved in a very narrow range of 50 points yesterday . But it is expected to have wild swings and establish a range of about 100 to125 points today.
Technical portion and astrological portion given above should beconsidered together and applied for taking proper trading decisions.
Disclaimer :: Intraday trading is risky and Astro guidance is to beused as an additional tool in addition to technicals and adapteddepending on intraday movements. Creator only knows what is going tohappen and astrologer can only indicate what is likely to happen .
Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry
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