Monday, September 7, 2009

Astro Technical Guide for Tuesday, 8th September, 2009 ::

Astro Info:: Moon transits in Aswini constellation ruled by Ketu.
Persons born in Rohini, Hastha and Sravanam constellations and
in Taurus and Virgo zodiac signs are advised to be alert in their
dealings.

Sensitive / Trend change Timings for the day :: 10.55am; 11.40am; 1.35pm;

Likely Intraday Trend for 07.09.09:: 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 steady / subdued and is expected to be generally bearish. Time between 1.40pm to 2.40pm is expected to be volatile (mostly inclined towards bearishness).
Software stocks are expected to be subdued.

Astro Technical Trading Strategy for the day ::

If Nifty futures is trading below Day’s open level and Average traded Price by 10.30am / 11.00am, short positions can be taken with a stop loss of about 25 to 30 points and such positions may be closed by 1.30pm or continue with trailing stop loss depending on the trend.
Stop loss is a must for intraday trading.

Follow up for Astro Technical Strategy of 7.9.09 ::
Long position around 12.30pm gave a profit of about 20 points , but if continued with trailing stop loss would have give about 60 points. However, short positions around 2.30pm did not materialize as Nifty was way above Average price.
For real time astro technical traders, traders got about 50 points and generally market traded in a very narrow range without good trading opportunities.


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.

Technical Levels for the day:: Nifty Futures would be bullish above
4806 with resistance around 4833, 4857 and 4896 and bearish below 4785
with supports around 4757, 4733 , and 4694 for the day...

Based on present market movement, Nifty futures would be in Bullish
zone above 4770 and in Bearish zone below 4750 for Tuesday.

Technically, Nifty had a bullish breakout yesterday and if continues to be above 4750 for another Two days, further bullishness can be expected.

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 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

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