Astro Info:: Moon transits in Sravana constellation from 1.41pm and in Dhanishta thereafter. ruled by Moon and Mars respectively. Persons born in Punarvasu, Visakha and Poorvabhadra constellations and in Aquarius and Gemini zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day ::10.52am; 12.00pm; 1.41pm;
Likely Intraday Trend for 06.08.09:: On the basis of Planetary position and the aspects amongst planets, outlook for the day is expected in the following manner ::
On the basis of planetary position, Market is expected to open weak but expected have recover mildly and become subdued / weak again from 11.00am . Market expected have wild swing after 1.00pm (mostly bearish). Market may have minor recovery after 3.00pm. Power and Bank stocks may be better and Cement and Steel stocks are expected to be weak.
Astro Technical Trading Strategy for the day :: If Nifty futures is trading below Open level and Day’s average traded price by about 11.00am , short positions can be taken with Day high as stop loss and appropriately trail the stop loss and may be closed by about 3.00pm.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above 4710 with resistance around 4738, 4761 and 4799 and bearish below 4690 with supports around 4662, 4639 and 4601 for the day...
Based on present market movement, Nifty futures is Bullish above 4685 and Bearish below 4660 for the day. Nifty becomes particularly weak , if it closes below 4600.
Technical portion and astrological portion given above should be considered together and applied for taking proper trading decisions.
Disclaimer :: Intraday trading is risky and Astro guidance is to be used as an additional tool in addition to technicals and adapted depending on intraday movements. Creator only knows what is going to happen and astrologer can only indicate what is likely to happen .
Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry
