Astro Info:: Moon transits in Aslesha constellation ruled by Mercury.Persons born in Krittika, Uttara and Uttarashadha constellations andin Leo and Sagittarius zodiac signs are advised to be alert in theirdealings.
Sensitive / Trend change Timings for the day :: 11.25am; ; 12.05pm; 1.05pm; 2.10pm
Likely Intraday Trend for 16.09.09:: On the basis of Planetary positionand the aspects amongst planets, outlook for the day is expected in thefollowing manner ::
On the basis of planetary position, Market is expected to open better and after remaining steady, expected to be better from 12.00pm to 1.00pm and remain steady thereafter.
Bank, Oil stocks are likely to have volatile movements while Media and Entertainment stocks could be better.
Astro Technical Trading Strategy for the day ::By about 11.30am, if Nifty futures is trading above High rate recorded upto 10.30am , long positions can be taken with a stop loss of about 20 points below Average traded price and such positions may be closed by 1.30pm. If Nifty futures is trading atleast 10 points below Day’s Average Traded Price any time after 2.00pm, short positions can be taken with a stop loss of 20 points above Average Traded Price and such positions to be closed by end of the day.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above4910 with resistance around 4940, 4965 and 5000 and bearish below 4890with supports around 4860, 4835 , and 4800 for the day...Based on present market movement, Nifty futures would be in Bullishzone above 4885 and in Bearish zone below 4865 for Wednesday.
Nifty went up on the back of good corporate performance indicated in Advance Tax payments and Nifty futures closed near 4900 and when it closes above 4925, further bullishness can be expected . Nifty would cease to be bullish only below 4800 .
Technical portion and astrological portion given above shouldbeconsidered together and applied for taking proper trading decisions.
Disclaimer :: Intraday trading is risky and Astro guidance is tobeused 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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