Astro Info:: Moon transits in Sravana constellation ruled by Moon.
Persons born in Punarvasu, Visakha and Poorvabhadra constellations and
in Aquarius and Gemini zodiac signs are advisedto be alert in their
dealings.
Sensitive / Trend change Timings for the day :: 11.25am; 1.30pm;
Likely Intraday Trend for 02.09.09:: 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 weak
And remain generally subdued / weak thereafter and is expected to recover from 11.30am to 2.00pm and again become subdued / weak thereafter.
Technology stocks are expected to remain subdued.
Astro Technical Trading Strategy for the day ::
If Nifty futures is trading below Day’s Average traded Price by at
least 10 points by 2.00pm, short positions can be taken with a Stop
loss of about 25 points above Day’s average traded price and such
positions may be closed by end of the day. Risky traders can try long positions also around 11.30am with proper stop loss.
Stop loss is a must for intraday trading and such stop loss needs to
be adjusted depending on intraday movements.
Follow up for Astro Technical Strategy of 1.9.09 ::
Around 10.30am, Nifty futures was trading above Open and Day’s Average traded price and call materialized at 4718.. stop loss 4690(day low).. Nifty futures went up 4747 and Stop loss at that time should be trailed to 4720 (being day’s average traded price).. Thereafter, market fell and hit the stop loss resulting in no profit no loss situation. However, profit could have been booked around 4740 as market was anyway expected to be weak towards close of the day.
For real time astro technical traders, traders got about 80 points (because of subsequent short position) As the intraday market favoured bears once it breached Average price after 1.30pm, it resulted in very good profit.
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
4635 with resistance around 4662, 4685 and 4722 and bearish below 4615
with supports around 4588, 4565 , and 4528 for the day...
Based on present market movement, Nifty futures would be in Bullish
zone above 4685 and in Bearish zone below 4655 for Wednesday.
Nifty futures faced strong resistance around 4730 and closed near
support level of 4625. Any further weakness would make the market much
weaker and 4750 can be taken as medium term resistance .
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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