Astro Technical Guide for Wednesday, 30.9.09::
Astro Info:: Moon transits in Dhanishta constellation ruled by Mars and persons born in Pushyami, Anuradha and Uttarabhadra in Aquarius and Gemini zodiac signs are advised to be alert in theirdealings.
Sensitive / Trend change Timings for the day :: 10.20am; 11.35am; 12.35pm;
Likely Intraday Trend for 30.09.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open subdued and generally remain subdued / weak for most part of the day.
Oil stocks could be better while most other sectors such as PSU, Communication, Cement / Steel, Bank stocks are expected to be subdued / weak.
Astro Technical Trading Strategy for the day ::If Nifty futures trades below low level recorded upto 10.30am any time after 10.45am, short positions can be taken with day high as strict stop loss. Long positions may be generally avoided if Nifty futures breaks 4970.
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 5010 and in Bearish zone below 4990 for Wednesday.
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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