Astro Info:: Moon transits in Pubba constellation ruled by Venus.Persons born in Mrigasira, Chitta and Dhanishta constellations andin Virgo and Capricorn zodiac signs are advised to be alert in theirdealings.
Sensitive / Trend change Timings for the day :: 11.00am; 12.40pm; 2.00pm
Likely Intraday Trend for 18.09.09:: 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 and remain generally steady /subdued from 11.00am and may experience highly volatile movements from 2.00pm.
PSU and Cement stocks are expected to be better while Bank stocks could be subdued.
Astro Technical Trading Strategy for the day ::By 11.30am, If Nifty futures is trading below low recorded upto 10.30am, short positions can be taken with day high as stop loss and to be closed by about 1.00pm. Nifty futures is expected to display highly volatile movements after 2.00pm. Hence play bullish / bearish depending on the movements.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above4975 with resistance around 5005, 5030 and 5070 and bearish below 4955with supports around 4925, 4900 , and 4860 for the day...Based on present market movement, Nifty futures would be in Bullishzone above 4990 and in Bearish zone below 4975 for Friday.
Nifty pierced magic 5000 mark during the day and closed around 4965. Astrologically, Yesterday’s High and Low levels are important for the next One month. If Nifty trades above yesterday’s high, long positions can be held with low as stop loss and vice versa.
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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