Astro Info:: Moon transits in Uttarashadha constellation ruled by Sun.
Persons born in Aardra, Swathi and Sathabhisham constellations and in
Aquarius and Gemini zodiac signs are advisedto be alert in their
dealings.
Sensitive / Trend change Timings for the day :: 10.35am; 12.15pm and 2.50pm;
Likely Intraday Trend for 01.09.09:: 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 subdued / weak,
and recover thereafter generally and remain better in the fist half and is expected to become subdued in the last hour of the day.
Software, Communication stocks are expected to be better.
Entertainment , Media stocks are expected to be volatile inclined
towards bearishness. Power stocks also could be subdued.
Astro Technical Trading Strategy for the day ::
If Nifty futures is trading above Open level and Day’s Average Traded
Price by about 10.30am, long positions can be taken with day low as strict stop loss and may be liquidated by about 1.30pm .
Stop loss is a must for intraday trading and such stop loss needs to
be adjusted depending on intraday movements.
Note :: Henceforth, follow up on the above Astro Technical trading strategy would be given with the next day’s Astro guide. Above is a premarket Astro technical trading strategy. Similarly, there would be a real time Astro market technical trading strategy also and the results of that strategy also would be given for comparision. Those who are interested in having real time intraday astro technical trading strategy can register with thefinancialastrologer@gmail.com along with their mobile no., background and risk profile.
Follow up of Astro Technical Strategy of previous day (31.8.09) ::
Around 10.30am, Nifty futures was trading above Open and Day’s Average traded price and call materialized at 4688.. stop loss 4665(day low).. Nifty futures went up to 4709 and Stop loss at that time should be trailed to 4680 (being day’s average traded price).. Thereafter, market fell and hit the stop loss resulting in a loss of about 10 points.. Hence today’s loss is 10 points.. However, long position could have been avoided also as Nifty was trading in negative and in Bearish zone.
For real time astro technical traders, less risky traders got about 20 points (because of subsequent short position) and high risk traders did not get any thing as market again went up towards the close. As the intraday market was direction less, there were no trading opportunities.
Technical Levels for the day:: Nifty Futures would be bullish above
4680 with resistance around 4709, 4732 and 4769 and bearish below
4760with supports around 4632, 4608 , and 4572 for the day...
Based on present market movement, Nifty futures would be in
Bullishzone above 4600 and in Bearish zone below 4680 for Tuesday.
Nifty futures is expected to be strong as long as it maintains above
4625 and expected to face resistance around 4730and 4790.
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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