Astro Technical Guide for Friday, 25.9.09::
Astro Info:: Moon transits in Jyeshta constellation ruled by Mercury and persons born in Krittika , Uttara and Uttarashadha and in Sagittarius and Aries zodiac signs are advised to be alert in theirdealings.
Sensitive / Trend change Timings for the day :: 11.30am; 12.30pm ; 2.35pm
Likely Intraday Trend for 25.09.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady / subdued and remain steady / better and expected to experience volatile movements from 11.30pm to 12.30pm and may remain steady / subdued from 12.30pm and recover towards close of the day.
Oil stocks are expected to be better while Communication, Cement, Steel and Technology stocks are expected to be volatile ( inclined towards bearishness)
Astro Technical Trading Strategy for the day ::If Nifty futures trades above Open level, long positions may be taken around 11.00am with stop loss level of low recorded upto 10.30am, and such long positions may be closed by about 12.30pm. From 12.30pm to 2.30pm market is expected to be sideways to bearish and depending on market movement appropriate strategy may be adopted. After 2.40pm, Nifty futures trades atleast 10 points above Day’s average Traded price, long positions can be taken with a stop loss of about 25 points and such positions to be closed by end of the day.
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 above5010 with resistance around 5040, 5065 and 5105 and bearish below 4990with supports around 4960, 4935 , and 4895 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 4975 and in Bearish zone below 4955 for Friday.
New F&O series commences from today and today’s open level is important for this series and as long as Nifty futures trades above today’s Open level market can be taken as bullish 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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