Astro Info:: Moon transits in Visakha constellation ruled by Jupiter upto 12.10pm and in Anuradha ruled by Saturn thereafter. Persons born in Bharani, Pubba and Poorvashadha and in Sagittarius and Aries zodiac signs are advised to be alert in theirdealings.
Sensitive / Trend change Timings for the day :: 10.30am; 12.10pm; 2.45pm
Likely Intraday Trend for 23.09.09:: 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 steady / marginally better and remain generally steady / better thereafter and is expected to become subdued towards close of the day. 12.10pm and 2.45pm is the important time to watch for trend change .
PSU and Software stocks are expected to be better while Media and Entertainment stocks could be subdued.
Astro Technical Trading Strategy for the day ::If Nifty futures trades above Open level, long positions may be taken around 10.45 with stop loss level of low recorded upto 10.30am, and such long positions may be closed by about 2.30pm . Open level is very important , above which level only intraday long positions may be maintained and vice versa.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above5035 with resistance around 5065, 5090 and 5130 and bearish below 5015with supports around 4985, 4960 , and 4920 for the day... However, Nifty futures is expected to find strong support around 4970.
Based on present market movement, Nifty futures would be in Bullishzone above 5020 and in Bearish zone below 5000 for Wednesday.
Nifty closed above magic 5000 mark . While caution is advised at higher levels, stop loss of 4900 may be followed for existing long positions and initiating any short positions.
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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