Astro Technical Guide for Thursday, 17.9.09::
Astro Info:: Moon transits in Makha constellation ruled by Ketu.Persons born in Rohini, Hastha and Sravanam constellations andin Virgo and Capricorn zodiac signs are advised to be alert in theirdealings.
Sensitive / Trend change Timings for the day :: 12.00pm; 1.00pm; 2.00pm
Likely Intraday Trend for 17.09.09:: 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 / better and remain generally steady /subdued and may experience highly volatile movements in second half of the day. Market is expected to be highly volatile (either highly bullish or highly bearish ) between 1.00pm and 2.00 pm.
Astro Technical Trading Strategy for the day ::Inview of extreme volatility , long positions can be maintained as long as Nifty futures maintains above high level recorded upto 10.30am with Day’s low as stop loss. In case Nifty trades weak, short positions can be maintained if Nifty futures trades below low level recorded upto 10.30am with Day high as stop loss.
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 4955 and in Bearish zone below 4930 for Thursday.
Nifty closed above 4925 making it extremely Bullish and long positions can be maintained with 4875 as stop loss.
Market moved in a very narrow range during the last Two days and significant volatility can be expected today.
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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