Astro Info:: Moon transits in Poorvabhadra constellation ruled by Jupiter and persons born in Aswini, Makha and Moola and in Pisces and Cancer zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day :: 10.15am; 12.05pm; 2.00pm;
Likely Intraday Trend for 30.10.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open better and generally remain better in the forenoon and may fall in the second half of the day (particularly after 2.00pm;)
Astro Technical Trading Strategy for the day ::By 10.45am, If Nifty futures trades above high recorded upto 10.30am , long positions can be taken with Day’s low level as stop loss and such positions may be closed by about 1.30pm. If after 2.00pm, Nifty futures trades atleast 10 points below Day’s Average traded price, short positions can be taken with Day high as stop loss and such positions may be closed by end of the day.
Open level is important for trading and intraday long positions are to be taken above Day’s open level only and vice versa.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above4780 with resistance around 4810, 4830 and 4870 and bearish below 4750 with supports around 4730, 4710 , and 4670 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 4810 and in Bearish zone below 4785 for Friday.
Nifty would find strong resistance at 4850 and 4925.
Technical portion and astrological portion given above shouldbe considered 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
Friday, October 30, 2009
Thursday, October 29, 2009
Astro Technical Guide for Thurday , 29.10.09::
Astro Info:: Moon transits in Sathabhisham constellation ruled by Rahu ruled by Rahu and persons born in Aslesha, Jyeshta and Revathi and in Pisces and Cancer zodiac signs are advised to be alert in theirdealings.
Sensitive / Trend change Timings for the day ::10.20am; 12.00pm; 12.40pm; 2.15pm;
Likely Intraday Trend for 29.10.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady / subdued and may become subdued from 12.40pm and and again recover from 2.15pm;
Astro Technical Trading Strategy for the day ::Generally Nifty is bearish and in temporarily oversold position. While going long is against the general trend of the market, going short even for intraday would not be desirable. If Nifty achieves any of the support levels mentioned below in the forenoon session, long positions can be taken with immediate preceding level as stop loss and if Nifty achieves resistance level before noon, short positions can be taken with immediate next level as stop loss. Such positions may be closed before 2.00pm.
Scrip specific movement is to be expected in view of the F&O expiry. Cement, Telecom, Bank stocks are generally weak while Sugar, Technology and Pharma are relatively strong.
Open level is important for trading and intraday long positions are to be taken above Day’s open level only and vice versa.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above4840 with resistance around 4870, 4895 and 4930 and bearish below 4820 with supports around 4790, 4765 , and 4730 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 4840 and in Bearish zone below 4820 for Thursday.
As market is temporarily in oversold zone, it is better to take short positions on rise.
As F&O expiry is nearing and corporate results season is going on, scrip specific movement is to be expected.
Technical portion and astrological portion given above shouldbe considered 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
Sensitive / Trend change Timings for the day ::10.20am; 12.00pm; 12.40pm; 2.15pm;
Likely Intraday Trend for 29.10.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady / subdued and may become subdued from 12.40pm and and again recover from 2.15pm;
Astro Technical Trading Strategy for the day ::Generally Nifty is bearish and in temporarily oversold position. While going long is against the general trend of the market, going short even for intraday would not be desirable. If Nifty achieves any of the support levels mentioned below in the forenoon session, long positions can be taken with immediate preceding level as stop loss and if Nifty achieves resistance level before noon, short positions can be taken with immediate next level as stop loss. Such positions may be closed before 2.00pm.
Scrip specific movement is to be expected in view of the F&O expiry. Cement, Telecom, Bank stocks are generally weak while Sugar, Technology and Pharma are relatively strong.
Open level is important for trading and intraday long positions are to be taken above Day’s open level only and vice versa.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above4840 with resistance around 4870, 4895 and 4930 and bearish below 4820 with supports around 4790, 4765 , and 4730 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 4840 and in Bearish zone below 4820 for Thursday.
As market is temporarily in oversold zone, it is better to take short positions on rise.
As F&O expiry is nearing and corporate results season is going on, scrip specific movement is to be expected.
Technical portion and astrological portion given above shouldbe considered 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
Wednesday, October 28, 2009
Astro Technical Guide for Wednesday , 28.10.09::
Astro Info:: Moon transits in Dhanishta constellation ruled by Mars upto 2.35pm and in Sathabhisham thereafter ruled by Rahu and persons born in Pushyami, Anuradha and Uttarabhadra and in Pisces and Cancer zodiac signs are advised to be alert in theirdealings.
Sensitive / Trend change Timings for the day ::10.20am; 11.15am; 2.35pm;
Likely Intraday Trend for 28.10.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady and generally remain steady / subdued and may recover towards close of the day (last hour).
PSU and Tech Communication stocks could be better while Cemetn, Steel, Entertainment, Media stocks could be subdued / weak.
Astro Technical Trading Strategy for the day ::If Nifty futures breaks low level recorded upto 10.30am by about 10.45am, short positions can be taken with Day high as strict stop loss and close such positions by 2.30pm.
Open level is important for trading and intraday long positions are to be taken above Day’s open level only and vice versa.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above4855 with resistance around 4885, 4910 and 49145 and bearish below 4835 with supports around 4805, 4780 , and 4745 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 4915 and in Bearish zone below 4885 for Wednesday.
Nifty finally broke crucial support of 4900 level and might seek lower levels in the near future. Next strong support is at 4700 / 4750. As market is temporarily in oversold zone, it is better to take short positions on rise.
As F&O expiry is nearing and corporate results season is going on, scrip specific movement is to be expected.
Technical portion and astrological portion given above shouldbe considered 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
Sensitive / Trend change Timings for the day ::10.20am; 11.15am; 2.35pm;
Likely Intraday Trend for 28.10.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady and generally remain steady / subdued and may recover towards close of the day (last hour).
PSU and Tech Communication stocks could be better while Cemetn, Steel, Entertainment, Media stocks could be subdued / weak.
Astro Technical Trading Strategy for the day ::If Nifty futures breaks low level recorded upto 10.30am by about 10.45am, short positions can be taken with Day high as strict stop loss and close such positions by 2.30pm.
Open level is important for trading and intraday long positions are to be taken above Day’s open level only and vice versa.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above4855 with resistance around 4885, 4910 and 49145 and bearish below 4835 with supports around 4805, 4780 , and 4745 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 4915 and in Bearish zone below 4885 for Wednesday.
Nifty finally broke crucial support of 4900 level and might seek lower levels in the near future. Next strong support is at 4700 / 4750. As market is temporarily in oversold zone, it is better to take short positions on rise.
As F&O expiry is nearing and corporate results season is going on, scrip specific movement is to be expected.
Technical portion and astrological portion given above shouldbe considered 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
Tuesday, October 27, 2009
Astro Technical Guide for Tuesday , 27.10.09::
Astro Info:: Moon transits in Sravana constellation ruled by Moon upto 1150am and in Dhanishta thereafter ruled by Mars and persons born in Pushyami, Anuradha and Uttarabhadra and in Aquarius and Gemini zodiac signs are advised to be alert in theirdealings.
Sensitive / Trend change Timings for the day ::10.25am; 12.00pm; 1.15pm; 3.10pm;
Likely Intraday Trend for 27.10.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady/subdued and immediately become subdued / weak and generally recover in second half of the day. Volatile movements can be expected from 2.00pm to 2.45pm;
Bank stocks are expected to be better in the forenoon and Cement and Steel stocks could be subdued.
Astro Technical Trading Strategy for the day ::If Nifty futures breaks low level recorded upto 10.30am by about 10.45am, short positions can be taken with Day high as strict stop loss and close such positions by 1.30pm. Voaltile movements can be expected in Banking stocks in view of RBI’s credit policy announcement and traders should be cautious.
Open level is important for trading and intraday long positions are to be taken above Day’s open level only and vice versa.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above1985 with resistance around 5015, 5040 and 5080 and bearish below 4965with supports around 4935, 4910 , and 4870 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5015 and in Bearish zone below 4995 for Tuesday.
Nifty continues to be range bound with downward bias and if 4950 and 4900 is broken, deeper correction can be expected . As F&O expiry is nearing and corporate results season is going on, scrip specific movement is to be expected.
Technical portion and astrological portion given above shouldbe considered 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
Sensitive / Trend change Timings for the day ::10.25am; 12.00pm; 1.15pm; 3.10pm;
Likely Intraday Trend for 27.10.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady/subdued and immediately become subdued / weak and generally recover in second half of the day. Volatile movements can be expected from 2.00pm to 2.45pm;
Bank stocks are expected to be better in the forenoon and Cement and Steel stocks could be subdued.
Astro Technical Trading Strategy for the day ::If Nifty futures breaks low level recorded upto 10.30am by about 10.45am, short positions can be taken with Day high as strict stop loss and close such positions by 1.30pm. Voaltile movements can be expected in Banking stocks in view of RBI’s credit policy announcement and traders should be cautious.
Open level is important for trading and intraday long positions are to be taken above Day’s open level only and vice versa.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above1985 with resistance around 5015, 5040 and 5080 and bearish below 4965with supports around 4935, 4910 , and 4870 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5015 and in Bearish zone below 4995 for Tuesday.
Nifty continues to be range bound with downward bias and if 4950 and 4900 is broken, deeper correction can be expected . As F&O expiry is nearing and corporate results season is going on, scrip specific movement is to be expected.
Technical portion and astrological portion given above shouldbe considered 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
Monday, October 26, 2009
Astro Technical Guide for Monday, 26th October, 2009::
Astro Info:: Moon transits in Sravana constellation ruled by Moon . Persons born in Punarvasu, Visakha and Poorvabhadra constellations and in Aquarius and Gemini zodiac signs are advised to be alert in their dealings .
Astro Technical Position for the week :: Nifty lost about 150 points or 3% during the week and closed weak and appears to have lost its momentum. Current week is important as F&O settlement expires on the coming Thursday. Market has been moving in a narrow range during the month and is presently trading below support level of 5050 and another strong support exists around 4900. For the present F&O month, Bank, Sugar, IT, Metal stocks are generally Bullish while Telecom, Auto, Cement, Infra and Oil stocks are generally Bearish, In view of the F&o closing this week, scrip specific action is most likely and traders should be cautious. 29th is a crucial day this week for trend change. Generally, Mid October to Mid November is astrologically quite sensitive as Sun gets debilitated and can adversely affect markets. Caution is advised at higher levels as market has gone up steeply and a decent correction can be expected in this quarter.
Technical Levels for the week :: Nifty is strong above 5030 with resistance around 5110, 5175 and 5280 and weak below 4980 with supports around 4900, 4835, 4730 for the week.
Based on present market movement, Nifty would be in bullish zone above 5090 and in bearish zone below 5050 for the week .
WD Gann’s natural numbers which would act as natural support and resistance are ::
4796, 4866, 4936, 5006, 5077, 5149, 5221, 5293 during the week.
Sensitive / Trend change Timings for the day ::10.25am; 11.25am; 1.15pm; 2.25pm;;
Intraday Trend for 26.10.09::
On the basis of planetary position, Market is expected to open subdued and generally remain subdued to weak after 10.30 . Volatile movements would be the order of the day. Volatile time during the day is between 11.25am to 12.20pm and again from 1.15pm to 2.00pm.
Power and Pharma stocks are expected to have volatile movements(inclined towards bearishness).
Astro Technical Trading Strategy for the day :: By 10.45am, if Nifty futures trades below the low recorded upto 10.30am , short positions may be taken with day high as stop loss and keep booking small profits on intraday trading positions as day is expected to be volatile and profits may evaporate.
Open level is important below which only short positions may be taken and vice versa.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above 5015 with resistance around 5045, 5070 and 5110 and bearish below 4994 with supports around 4905, 4940 and 4900
Nifty fut is strong above 5030 only for the day.
Technical portion and astrological portion given above should be considered together and applied for taking proper trading decisions.
Disclaimer :: Intraday trading is risky and Astro guidance is to be used as an additional tool in addition to technicals and adapted depending on intraday movements. Creator only knows what is going to happen and astrologer can only indicate what is likely to happen .
Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry
Astro Technical Position for the week :: Nifty lost about 150 points or 3% during the week and closed weak and appears to have lost its momentum. Current week is important as F&O settlement expires on the coming Thursday. Market has been moving in a narrow range during the month and is presently trading below support level of 5050 and another strong support exists around 4900. For the present F&O month, Bank, Sugar, IT, Metal stocks are generally Bullish while Telecom, Auto, Cement, Infra and Oil stocks are generally Bearish, In view of the F&o closing this week, scrip specific action is most likely and traders should be cautious. 29th is a crucial day this week for trend change. Generally, Mid October to Mid November is astrologically quite sensitive as Sun gets debilitated and can adversely affect markets. Caution is advised at higher levels as market has gone up steeply and a decent correction can be expected in this quarter.
Technical Levels for the week :: Nifty is strong above 5030 with resistance around 5110, 5175 and 5280 and weak below 4980 with supports around 4900, 4835, 4730 for the week.
Based on present market movement, Nifty would be in bullish zone above 5090 and in bearish zone below 5050 for the week .
WD Gann’s natural numbers which would act as natural support and resistance are ::
4796, 4866, 4936, 5006, 5077, 5149, 5221, 5293 during the week.
Sensitive / Trend change Timings for the day ::10.25am; 11.25am; 1.15pm; 2.25pm;;
Intraday Trend for 26.10.09::
On the basis of planetary position, Market is expected to open subdued and generally remain subdued to weak after 10.30 . Volatile movements would be the order of the day. Volatile time during the day is between 11.25am to 12.20pm and again from 1.15pm to 2.00pm.
Power and Pharma stocks are expected to have volatile movements(inclined towards bearishness).
Astro Technical Trading Strategy for the day :: By 10.45am, if Nifty futures trades below the low recorded upto 10.30am , short positions may be taken with day high as stop loss and keep booking small profits on intraday trading positions as day is expected to be volatile and profits may evaporate.
Open level is important below which only short positions may be taken and vice versa.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above 5015 with resistance around 5045, 5070 and 5110 and bearish below 4994 with supports around 4905, 4940 and 4900
Nifty fut is strong above 5030 only for the day.
Technical portion and astrological portion given above should be considered together and applied for taking proper trading decisions.
Disclaimer :: Intraday trading is risky and Astro guidance is to be used as an additional tool in addition to technicals and adapted depending on intraday movements. Creator only knows what is going to happen and astrologer can only indicate what is likely to happen .
Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry
Friday, October 23, 2009
Astro Technical Guide for Friday , 23.10.09
Astro Info:: Moon transits in Moola constellation ruled by Ketu and persons born in Rohini, Hastha and Sravanam in Capricorn and Taurus zodiac signs are advised to be alert in theirdealings.
Sensitive / Trend change Timings for the day ::10.40am; 1.30pm; 3.05pm;
Likely Intraday Trend for 23.10.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady / better and generally remain steady / subdued and may recover from 1.00pm to 2.30pm . Volatile movements can be expected from 10.40am to 11.30am.
PSU stocks are expected to be better while Cement, Steel, Bank stocks could remain subdued.
Astro Technical Trading Strategy for the day ::If Nifty futures trades above Open level and Day’s Average traded price by about 12.45pm, long positions can be taken with stop loss of about 20 points below Day’s average traded price and incase Nifty futures trades below Open level and Day’s Average traded price by about 1.00pm, short positions can be taken with Day high as stop loss. Similar strategy can be followed for individual scrips also with appropriate stop loss.
Since, market appears to be losing its momentum, intra day long positions also appear to be risky (since market is at relatively at very high level). Scrip specific movement appears to be the order of the day .
Open level is important for trading and intraday long positions are to be taken above Day’s open level only 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 4900 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5030 and in Bearish zone below 5000 for Friday.
Nifty closed around 5000 mark and lost its momentum . Short term positional traders may avoid long positions and risky traders can consider short positions on rise with 5100 call option as hedge. Immediate strong support is at 4900 and if breached might invite much deeper correction .
Technical portion and astrological portion given above shouldbe considered 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
Sensitive / Trend change Timings for the day ::10.40am; 1.30pm; 3.05pm;
Likely Intraday Trend for 23.10.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady / better and generally remain steady / subdued and may recover from 1.00pm to 2.30pm . Volatile movements can be expected from 10.40am to 11.30am.
PSU stocks are expected to be better while Cement, Steel, Bank stocks could remain subdued.
Astro Technical Trading Strategy for the day ::If Nifty futures trades above Open level and Day’s Average traded price by about 12.45pm, long positions can be taken with stop loss of about 20 points below Day’s average traded price and incase Nifty futures trades below Open level and Day’s Average traded price by about 1.00pm, short positions can be taken with Day high as stop loss. Similar strategy can be followed for individual scrips also with appropriate stop loss.
Since, market appears to be losing its momentum, intra day long positions also appear to be risky (since market is at relatively at very high level). Scrip specific movement appears to be the order of the day .
Open level is important for trading and intraday long positions are to be taken above Day’s open level only 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 4900 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5030 and in Bearish zone below 5000 for Friday.
Nifty closed around 5000 mark and lost its momentum . Short term positional traders may avoid long positions and risky traders can consider short positions on rise with 5100 call option as hedge. Immediate strong support is at 4900 and if breached might invite much deeper correction .
Technical portion and astrological portion given above shouldbe considered 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
Thursday, October 22, 2009
MID SESSION BETTER
Astro Technical Guide for Thursday , 22.10.09::
Astro Info:: Moon transits in Jyeshta constellation ruled by Mercury and persons born in Krittika, Uttara and Uttarashadha in Sagittarius and Aries zodiac signs are advised to be alert in theirdealings.
Sensitive / Trend change Timings for the day ::11.20am;12.50pm; 2.35pm;
Likely Intraday Trend for 22.10.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady and generally remain steady and is expected to be better from 12.50pm and may become subdued towards close of the day.
Communication, Tech, stocks may be better while Pharma and Power may be subdued.
Astro Technical Trading Strategy for the day ::If Nifty futures trades above Open level and Day’s Average traded price by about 12.45pm, long positions can be taken with stop loss of about 20 points below Day’s average traded price.
Open level is important for trading and intraday long positions are to be taken above Day’s open level only and vice versa.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above5080 with resistance around 5110, 5135 and 5175 and bearish below 5055with supports around 5030, 5000 , and 4965 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5100 and in Bearish zone below 5080 for Thursday.
Nifty closed below 5090 and appears to have lost its momentum and if it closes below 5000, it would become bearish for the month.
Technical portion and astrological portion given above shouldbe considered 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
Astro Info:: Moon transits in Jyeshta constellation ruled by Mercury and persons born in Krittika, Uttara and Uttarashadha in Sagittarius and Aries zodiac signs are advised to be alert in theirdealings.
Sensitive / Trend change Timings for the day ::11.20am;12.50pm; 2.35pm;
Likely Intraday Trend for 22.10.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady and generally remain steady and is expected to be better from 12.50pm and may become subdued towards close of the day.
Communication, Tech, stocks may be better while Pharma and Power may be subdued.
Astro Technical Trading Strategy for the day ::If Nifty futures trades above Open level and Day’s Average traded price by about 12.45pm, long positions can be taken with stop loss of about 20 points below Day’s average traded price.
Open level is important for trading and intraday long positions are to be taken above Day’s open level only and vice versa.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above5080 with resistance around 5110, 5135 and 5175 and bearish below 5055with supports around 5030, 5000 , and 4965 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5100 and in Bearish zone below 5080 for Thursday.
Nifty closed below 5090 and appears to have lost its momentum and if it closes below 5000, it would become bearish for the month.
Technical portion and astrological portion given above shouldbe considered 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
Wednesday, October 21, 2009
Astro Technical Guide for Wednesday, 21st October 2009 ::
Astro Info:: Moon transits in Anuradha constellation ruled by Saturun and persons born in Bharani, Pubba and Poorvashadha in Sagittarius and Aries zodiac signs are advised to be alert in theirdealings.
Sensitive / Trend change Timings for the day ::12.45pm; 2.35pm;
Likely Intraday Trend for 21.10.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady better and generally remain steady / better in the forenoon session and may become volatile in the second half of the day( from 1.30pm to 3.00pm).
Media and Entertainment stocks could be better.
Astro Technical Trading Strategy for the day ::If Nifty futures trades above Open level after 10.30am, Long positions can be taken with strict Stop loss of 5090 and such long positions may be closed by 1.00pm or can be held with trailing stop loss.
Open level is important for trading and intraday long positions are to be taken above Day’s open level only and vice versa.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above5120 with resistance around 5150, 5175 and 5215 and bearish below 5100with supports around 5070, 5045 , and 5000 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5140 and in Bearish zone below 5120 for Wednesday.
Nifty loses its momentum , if it closes below 5090.
Technical portion and astrological portion given above shouldbe considered 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
Sensitive / Trend change Timings for the day ::12.45pm; 2.35pm;
Likely Intraday Trend for 21.10.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady better and generally remain steady / better in the forenoon session and may become volatile in the second half of the day( from 1.30pm to 3.00pm).
Media and Entertainment stocks could be better.
Astro Technical Trading Strategy for the day ::If Nifty futures trades above Open level after 10.30am, Long positions can be taken with strict Stop loss of 5090 and such long positions may be closed by 1.00pm or can be held with trailing stop loss.
Open level is important for trading and intraday long positions are to be taken above Day’s open level only and vice versa.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above5120 with resistance around 5150, 5175 and 5215 and bearish below 5100with supports around 5070, 5045 , and 5000 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5140 and in Bearish zone below 5120 for Wednesday.
Nifty loses its momentum , if it closes below 5090.
Technical portion and astrological portion given above shouldbe considered 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
Monday, October 19, 2009
WEAKNESS TOWARDS CLOSE OF THE DAY ::
Astro Technical Guide for Tuesday, 20th Ocober, 2009 ::
Astro Info:: Moon transits in Visakha constellation ruled by Jupiter . Persons born in Aswini, Makha and Moola constellations and in Scorpio and Pisces zodiac signs are advised to be alert in their dealings .
Astro Technical Position for the week :: Nifty gained about 200 points or 4% during the week and closed strong for the week and closed at the highest level for Samvat 2065. Current week falls in the new lunar month and Samvat 2066 commences. Bank stocks and Metal stocks led the rally. Sun enters Libra, its debilitated sign and Mars is debilitated and is a crucial month in the year. Telecom and Tech stocks which had fallen recently may recover in course of time. 24th, 29th October and 6th and 9th November are crucial days in the present lunar month. Technically, Nifty futures is quite bullish and would become weak only below 5050 with very strong support at 4900.
Technical Levels for the week :: Nifty is strong above 5150 with resistance around 5230, 5295 and 5400 and weak below 5095 with supports around 5010, 4945, 4840 for the week.
Based on present market movement, Nifty would be in bullish zone above 5080 and in bearish zone below 5040 for the week . WD Gann’s natural numbers which would act as natural support and resistance are :: 4866, 4936, 5006, 5077, 5149, 5221, 5293, 5366 and 5440 during the week.
Sensitive / Trend change Timings for the day ::10.33am; 1.00pm; 2.30pm; 3.10pm; ;
Intraday Trend for 20.10.09::
On the basis of planetary position, Market is expected to open steady / better and generally remain better till about 1.0pm and may become subdued thereafter and weak towards close of the day.
Media, Entertainment and PSU Oil stock may remain subdued / weak while Tech stocks may remain strong.
Astro Technical Trading Strategy for the day :: First half of the day is expected to be better while Second half may remain subdued and particularly last hour may be weak. Keeping in view the above guidance, intraday strategy may be worked out. The following strategy is suggested. If Nifty futures maintains steady , long positions may be taken above Open level around 10.30am with 5100 as stop loss and positions may be closed by 12.30pm. Any time after 1.30pm, if Nifty futures is trading below Day’s Average traded Price by atleast 10 poins, short positions can be taken with Stop loss of about 20 points above Day’s average traded price and close the positions by end of the day.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above 5130 with resistance around 5160, 5185 and 5225 and bearish below 5110 with supports around 5080, 5050 and 5010
Nifty fut is strong aas long as it maintains above 5050.
Technical portion and astrological portion given above should be considered together and applied for taking proper trading decisions.
Disclaimer :: Intraday trading is risky and Astro guidance is to be used as an additional tool in addition to technicals and adapted depending on intraday movements. Creator only knows what is going to happen and astrologer can only indicate what is likely to happen .
Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry
Astro Info:: Moon transits in Visakha constellation ruled by Jupiter . Persons born in Aswini, Makha and Moola constellations and in Scorpio and Pisces zodiac signs are advised to be alert in their dealings .
Astro Technical Position for the week :: Nifty gained about 200 points or 4% during the week and closed strong for the week and closed at the highest level for Samvat 2065. Current week falls in the new lunar month and Samvat 2066 commences. Bank stocks and Metal stocks led the rally. Sun enters Libra, its debilitated sign and Mars is debilitated and is a crucial month in the year. Telecom and Tech stocks which had fallen recently may recover in course of time. 24th, 29th October and 6th and 9th November are crucial days in the present lunar month. Technically, Nifty futures is quite bullish and would become weak only below 5050 with very strong support at 4900.
Technical Levels for the week :: Nifty is strong above 5150 with resistance around 5230, 5295 and 5400 and weak below 5095 with supports around 5010, 4945, 4840 for the week.
Based on present market movement, Nifty would be in bullish zone above 5080 and in bearish zone below 5040 for the week . WD Gann’s natural numbers which would act as natural support and resistance are :: 4866, 4936, 5006, 5077, 5149, 5221, 5293, 5366 and 5440 during the week.
Sensitive / Trend change Timings for the day ::10.33am; 1.00pm; 2.30pm; 3.10pm; ;
Intraday Trend for 20.10.09::
On the basis of planetary position, Market is expected to open steady / better and generally remain better till about 1.0pm and may become subdued thereafter and weak towards close of the day.
Media, Entertainment and PSU Oil stock may remain subdued / weak while Tech stocks may remain strong.
Astro Technical Trading Strategy for the day :: First half of the day is expected to be better while Second half may remain subdued and particularly last hour may be weak. Keeping in view the above guidance, intraday strategy may be worked out. The following strategy is suggested. If Nifty futures maintains steady , long positions may be taken above Open level around 10.30am with 5100 as stop loss and positions may be closed by 12.30pm. Any time after 1.30pm, if Nifty futures is trading below Day’s Average traded Price by atleast 10 poins, short positions can be taken with Stop loss of about 20 points above Day’s average traded price and close the positions by end of the day.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above 5130 with resistance around 5160, 5185 and 5225 and bearish below 5110 with supports around 5080, 5050 and 5010
Nifty fut is strong aas long as it maintains above 5050.
Technical portion and astrological portion given above should be considered together and applied for taking proper trading decisions.
Disclaimer :: Intraday trading is risky and Astro guidance is to be used as an additional tool in addition to technicals and adapted depending on intraday movements. Creator only knows what is going to happen and astrologer can only indicate what is likely to happen .
Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry
Friday, October 16, 2009
SUBDUED SECOND HALF
Astro Technical Guide for Friday , 16.10.09::
Astro Info:: Moon transits in Uttara constellation ruled by Sun and persons born in Aardra, Chitta and Dhanishta in Libra and Aquarius zodiac signs are advised to be alert in theirdealings.
Sensitive / Trend change Timings for the day ::11.30am; 1.15pm; 2.30pm;
Likely Intraday Trend for 16.10.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady / better and generally remain steady / better thereafter and to become subdued / weak in Second half of the day. Highest rates for the day are expected to be recorded in First half of the day.
Power and Pharma stocks are expected to be better and Steel and Cement stocks may be better in the forenoon. Bank stocks likely to be subdued in the Second half of the day.
Astro Technical Trading Strategy for the day ::If Nifty opens steady and by 10.45am, it trades above High level recorded upto 10.30am, long positions can be taken with Day low as stop loss and to be closed by about 12.30pm. If Nifty futures trades below Day’s Average traded price by at least 10 points after 1.00pm, High risk trades can take Short positions with a stop loss of 20 points above Day’s average traded price to be closed by end of the day.
Open level is important for trading and intraday long positions are to be taken above Day’s open level only and vice versa.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above5120 with resistance around 5150, 5175 and 5215 and bearish below 5100with supports around 5070, 5045 , and 5000 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5115 and in Bearish zone below 5095 for Friday.
Market is generally Bullsih and positional short positions may be avoided as long as Nifty is above 5000.
Technical portion and astrological portion given above shouldbe considered 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
Astro Info:: Moon transits in Uttara constellation ruled by Sun and persons born in Aardra, Chitta and Dhanishta in Libra and Aquarius zodiac signs are advised to be alert in theirdealings.
Sensitive / Trend change Timings for the day ::11.30am; 1.15pm; 2.30pm;
Likely Intraday Trend for 16.10.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady / better and generally remain steady / better thereafter and to become subdued / weak in Second half of the day. Highest rates for the day are expected to be recorded in First half of the day.
Power and Pharma stocks are expected to be better and Steel and Cement stocks may be better in the forenoon. Bank stocks likely to be subdued in the Second half of the day.
Astro Technical Trading Strategy for the day ::If Nifty opens steady and by 10.45am, it trades above High level recorded upto 10.30am, long positions can be taken with Day low as stop loss and to be closed by about 12.30pm. If Nifty futures trades below Day’s Average traded price by at least 10 points after 1.00pm, High risk trades can take Short positions with a stop loss of 20 points above Day’s average traded price to be closed by end of the day.
Open level is important for trading and intraday long positions are to be taken above Day’s open level only and vice versa.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above5120 with resistance around 5150, 5175 and 5215 and bearish below 5100with supports around 5070, 5045 , and 5000 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5115 and in Bearish zone below 5095 for Friday.
Market is generally Bullsih and positional short positions may be avoided as long as Nifty is above 5000.
Technical portion and astrological portion given above shouldbe considered 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
Thursday, October 15, 2009
BULLISHLY VOLATILE 12.00PM TO 1.00PM
Astro Technical Guide for Thursday , 15.10.09::
Astro Info:: Moon transits in Pubba constellation ruled by Venus and persons born in Mrigasira, Chitta and Dhanishta in Virgo and Capricorn zodiac signs are advised to be alert in theirdealings.
Sensitive / Trend change Timings for the day :: 11.10am; 12.50pm;
Likely Intraday Trend for 15.10.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open / better and generally remain steady / better and expected
to have volatile movements (inclined towards bullishness) from 12.10pm to 1.00pm ) and may become steady in Second half of the day.
Power and Pharma stocks are expected to be subdued. Bank stocks also may become subdued in second half of the day.
Astro Technical Trading Strategy for the day ::If Nifty opens steady and by 10.45am, it trades above High level recorded upto 10.30am, long positions can be taken with Day low as stop loss and to be closed by about 1.00pm. If Nifty futures trades below Day’s Average traded price by at least 10 points after 1.30pm, High risk trades can take Short positions with a stop loss of 20 points above Day’s average traded price to be closed by end of the day. Market is generally Bullish and Short positions are against the general trend and need to be carefully monitored.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above5130 with resistance around 5160, 5185 and 5225 and bearish below 5105with supports around 5080, 5050 , and 5010 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5120 and in Bearish zone below 5100 for Thursday.
Market is generally Bullsih and positional short positions may be avoided as long as Nifty is above 5000.
Technical portion and astrological portion given above shouldbe considered 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
Astro Info:: Moon transits in Pubba constellation ruled by Venus and persons born in Mrigasira, Chitta and Dhanishta in Virgo and Capricorn zodiac signs are advised to be alert in theirdealings.
Sensitive / Trend change Timings for the day :: 11.10am; 12.50pm;
Likely Intraday Trend for 15.10.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open / better and generally remain steady / better and expected
to have volatile movements (inclined towards bullishness) from 12.10pm to 1.00pm ) and may become steady in Second half of the day.
Power and Pharma stocks are expected to be subdued. Bank stocks also may become subdued in second half of the day.
Astro Technical Trading Strategy for the day ::If Nifty opens steady and by 10.45am, it trades above High level recorded upto 10.30am, long positions can be taken with Day low as stop loss and to be closed by about 1.00pm. If Nifty futures trades below Day’s Average traded price by at least 10 points after 1.30pm, High risk trades can take Short positions with a stop loss of 20 points above Day’s average traded price to be closed by end of the day. Market is generally Bullish and Short positions are against the general trend and need to be carefully monitored.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above5130 with resistance around 5160, 5185 and 5225 and bearish below 5105with supports around 5080, 5050 , and 5010 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5120 and in Bearish zone below 5100 for Thursday.
Market is generally Bullsih and positional short positions may be avoided as long as Nifty is above 5000.
Technical portion and astrological portion given above shouldbe considered 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
Tuesday, October 13, 2009
SECND HALF BETTER
Astro Technical Guide for Wednesday, 14th Ocober, 2009 ::
Astro Info:: Moon transits in Makha constellation ruled by Ketu . Persons born in Rohini, Hastha and Sravanam constellations and in Virgo and Capricorn zodiac signs are advised to be alert in their dealings .
Sensitive / Trend change Timings for the day ::10.20am; 2.20pm; ;
Intraday Trend for 14.10.09::
On the basis of planetary position, Market is expected to open subdued and generally remain steady / subdued in the first half of the day and recover in Second half of the day more particularly after 2.00pm.
Mining stocks are expected to be better while Oil stocks could be subdued. .
Astro Technical Trading Strategy for the day :: By 2.00pm, if Nifty futures is trading above Day’s Average traded Price by atleast 10 poins, long positions can be taken by intra day traders with Stop loss of about 15 to 20 points below Day’s average traded price.
Stop loss is a must for intraday trading.
Position traders can buy Nifty futures close to 5000 mark with 5000 put option as a hedge.
Technical Levels for the day:: Nifty Futures would be bullish above 5065 with resistance around 5095, 5121, 5161 and bearish below 5045 with supports around 5015, 4989, 4949
Nifty futures would be in Bullish zone above 5030 and in Bearish zone below 5000 for Wednesday.
Technical portion and astrological portion given above should be considered together and applied for taking proper trading decisions.
Disclaimer :: Intraday trading is risky and Astro guidance is to be used as an additional tool in addition to technicals and adapted depending on intraday movements. Creator only knows what is going to happen and astrologer can only indicate what is likely to happen .
Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry
Astro Info:: Moon transits in Makha constellation ruled by Ketu . Persons born in Rohini, Hastha and Sravanam constellations and in Virgo and Capricorn zodiac signs are advised to be alert in their dealings .
Sensitive / Trend change Timings for the day ::10.20am; 2.20pm; ;
Intraday Trend for 14.10.09::
On the basis of planetary position, Market is expected to open subdued and generally remain steady / subdued in the first half of the day and recover in Second half of the day more particularly after 2.00pm.
Mining stocks are expected to be better while Oil stocks could be subdued. .
Astro Technical Trading Strategy for the day :: By 2.00pm, if Nifty futures is trading above Day’s Average traded Price by atleast 10 poins, long positions can be taken by intra day traders with Stop loss of about 15 to 20 points below Day’s average traded price.
Stop loss is a must for intraday trading.
Position traders can buy Nifty futures close to 5000 mark with 5000 put option as a hedge.
Technical Levels for the day:: Nifty Futures would be bullish above 5065 with resistance around 5095, 5121, 5161 and bearish below 5045 with supports around 5015, 4989, 4949
Nifty futures would be in Bullish zone above 5030 and in Bearish zone below 5000 for Wednesday.
Technical portion and astrological portion given above should be considered together and applied for taking proper trading decisions.
Disclaimer :: Intraday trading is risky and Astro guidance is to be used as an additional tool in addition to technicals and adapted depending on intraday movements. Creator only knows what is going to happen and astrologer can only indicate what is likely to happen .
Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry
Sunday, October 11, 2009
Astro Technical Guide for Monday 12th October 2009 ::
Astro Info:: Moon transits in Pushyami constellation ruled by Saturn . Persons born in Bharani, Pubba and Poorvashadha constellations and in Leo and Sagittarius zodiac signs are advised to be alert in their dealings .
Astro Technical Position for the week :: Nifty , while trading in a narrow band, closed at the lower end of the band with a loss of more than 2% and gave its first sign of weakness. In spite of range bound trading, there has been relatively good intraday volatility and IT and Telecommunications stocks led the fall. Reliance Bonus and Higher guidance from Infosys could not enthuse the market as it is the nature the market to prediscount the future. During the week Jupiter , planet representing optimisim and finance sector is turning direct from October 13. Mars, planet of volatility, sextiles Venus and Saturn. Four planets are posited in Virgo, a dual sign, aspected by Jupiter and Moon also joins these planets on Friday. In view of the above , Market is expected to display dual trend . However, there is strong support for Nifty around 4900 and further bearishness is possible only below 4900. Metal and Sugar stocks may experience deceptive rise this week. Second quarter results, which are generally expected to be better, also would influence the movement of the market.
There is very strong support for Nifty futures around 4900 and initial resistance around 5000 and strong resistance 5100.
Technical Levels :: Nifty is strong above 4965 with resistance around 5044, 5108, and 5212 and weak below 4915 with supports around 4836, 4772, 4668 for the week.
Based on present market movement, Nifty would be in bullish zone above 5020 and in bearish zone below 4980 for the week . WD Gann’s natural numbers which would act as natural support and resistance are :: 4727, 4796, 4866, 4936, 5006, 5077, 5149 during the week.
Sensitive / Trend change Timings for the day ::10.07am; 1.30pm; 2.30pm; ;
Intraday Trend for 12.10.09::
On the basis of planetary position, Market is expected to open better and may remain steady /better thereafter and may remain subdued in second half of the day.
Telecom stocks are expected to be better while power stocks may remain subdued.
Astro Technical Trading Strategy for the day :: By 1.30pm, if Nifty futures is trading below Day’s Average traded Price by atleast 15 poins, short positions can be taken with Stop loss of about 15 to 20 points above Day’s average traded price.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above 4950 with resistance around 4980, 5005 and 5045 and bearish below 4930 with supports around 4900, 4875 and 4835.
Technical portion and astrological portion given above should be considered together and applied for taking proper trading decisions.
Disclaimer :: Intraday trading is risky and Astro guidance is to be used as an additional tool in addition to technicals and adapted depending on intraday movements. Creator only knows what is going to happen and astrologer can only indicate what is likely to happen .
Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry
Astro Technical Position for the week :: Nifty , while trading in a narrow band, closed at the lower end of the band with a loss of more than 2% and gave its first sign of weakness. In spite of range bound trading, there has been relatively good intraday volatility and IT and Telecommunications stocks led the fall. Reliance Bonus and Higher guidance from Infosys could not enthuse the market as it is the nature the market to prediscount the future. During the week Jupiter , planet representing optimisim and finance sector is turning direct from October 13. Mars, planet of volatility, sextiles Venus and Saturn. Four planets are posited in Virgo, a dual sign, aspected by Jupiter and Moon also joins these planets on Friday. In view of the above , Market is expected to display dual trend . However, there is strong support for Nifty around 4900 and further bearishness is possible only below 4900. Metal and Sugar stocks may experience deceptive rise this week. Second quarter results, which are generally expected to be better, also would influence the movement of the market.
There is very strong support for Nifty futures around 4900 and initial resistance around 5000 and strong resistance 5100.
Technical Levels :: Nifty is strong above 4965 with resistance around 5044, 5108, and 5212 and weak below 4915 with supports around 4836, 4772, 4668 for the week.
Based on present market movement, Nifty would be in bullish zone above 5020 and in bearish zone below 4980 for the week . WD Gann’s natural numbers which would act as natural support and resistance are :: 4727, 4796, 4866, 4936, 5006, 5077, 5149 during the week.
Sensitive / Trend change Timings for the day ::10.07am; 1.30pm; 2.30pm; ;
Intraday Trend for 12.10.09::
On the basis of planetary position, Market is expected to open better and may remain steady /better thereafter and may remain subdued in second half of the day.
Telecom stocks are expected to be better while power stocks may remain subdued.
Astro Technical Trading Strategy for the day :: By 1.30pm, if Nifty futures is trading below Day’s Average traded Price by atleast 15 poins, short positions can be taken with Stop loss of about 15 to 20 points above Day’s average traded price.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above 4950 with resistance around 4980, 5005 and 5045 and bearish below 4930 with supports around 4900, 4875 and 4835.
Technical portion and astrological portion given above should be considered together and applied for taking proper trading decisions.
Disclaimer :: Intraday trading is risky and Astro guidance is to be used as an additional tool in addition to technicals and adapted depending on intraday movements. Creator only knows what is going to happen and astrologer can only indicate what is likely to happen .
Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry
Friday, October 9, 2009
FALL AFTER FIRST HOUR
Astro Technical Guide for Fri day , 09.10.09::
Astro Info:: Moon transits in Mrigasira constellation ruled by Mars and persons born in Pushyami, Anuradha and Uttarabhadra in Gemini and Libra zodiac signs are advised to be alert in theirdealings.
Sensitive / Trend change Timings for the day :: 11.30am; 12.20pm; 3.10pm;
Likely Intraday Trend for 09.10.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open better and generally remain subdued / weak after 11.00 / 11.30am and may recover towards end of the day ( after 3.00pm).
Entertainment and Media, Technology stocks are expected to be subdued while Bank and oil stocks could be steady / better.
Astro Technical Trading Strategy for the day ::If Nifty futures trades below Low recorded upto 10.30am and below Day’s Average Traded Price any time after 11.00am, Short positions can be taken with Day’s high level as stop loss and such positions to be closed by 2.45 or 3.00pm. (As market may recover after 3.00pm).
Open level is very important , below which level only intraday short 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 above4995 with resistance around 5025, 5050 and 5090 and bearish below 4975with supports around 4945, 4920 , and 4880 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5020 and in Bearish zone below 5000 for Friday.
Nifty closed below 5000 but closed above 4980. Further weakness would make the market bearish for short term and market is expected to come out of the narrow range and find direction .
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
Astro Info:: Moon transits in Mrigasira constellation ruled by Mars and persons born in Pushyami, Anuradha and Uttarabhadra in Gemini and Libra zodiac signs are advised to be alert in theirdealings.
Sensitive / Trend change Timings for the day :: 11.30am; 12.20pm; 3.10pm;
Likely Intraday Trend for 09.10.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open better and generally remain subdued / weak after 11.00 / 11.30am and may recover towards end of the day ( after 3.00pm).
Entertainment and Media, Technology stocks are expected to be subdued while Bank and oil stocks could be steady / better.
Astro Technical Trading Strategy for the day ::If Nifty futures trades below Low recorded upto 10.30am and below Day’s Average Traded Price any time after 11.00am, Short positions can be taken with Day’s high level as stop loss and such positions to be closed by 2.45 or 3.00pm. (As market may recover after 3.00pm).
Open level is very important , below which level only intraday short 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 above4995 with resistance around 5025, 5050 and 5090 and bearish below 4975with supports around 4945, 4920 , and 4880 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5020 and in Bearish zone below 5000 for Friday.
Nifty closed below 5000 but closed above 4980. Further weakness would make the market bearish for short term and market is expected to come out of the narrow range and find direction .
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
Thursday, October 8, 2009
VOALTILE MIDSESSION ::
Astro Technical Guide for Thursday, 08.10.09::
Astro Info:: Moon transits in Krittika constellation ruled by Sun upto 10.15am and in Rohini thereafter ruled by Moon and persons born in Punarvasu, Visakha and Poorvabhadra in Gemini and Libra zodiac signs are advised to be alert in theirdealings.
Sensitive / Trend change Timings for the day :: 10.15am; 11.40am; 1.45pm;
Likely Intraday Trend for 08.10.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open better and generally remain steady and is expected to become highly volatile with swings ( highly bearish or normal bullishness) on either side from 11.45am to 1.45pm and remain steady / better thereafter. There is an important trend change at 10.15am and 11.45pm. Market is expected to have good swings inclined towards bullishness after 2.30pm.
Public sector Bank stocks are generally expected to be Bullish.
Astro Technical Trading Strategy for the day ::In view of the huge swings expected , particularly from 11.45am to 1.45pm, intraday strategy has to be designed depending on the movement between 11.45am to 12.00pm.
Day’s average traded price and Open level can be taken as the reference point for designing the strategy.
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 above4985 with resistance around 5015, 5040 and 5080 and bearish below 4965with supports around 4935, 4910 , and 4870 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5035 and in Bearish zone below 5010 for Thursday.
Nifty closed below 5000 but closed above 4980. Further weakness would make the market bearish for short term.
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
Astro Info:: Moon transits in Krittika constellation ruled by Sun upto 10.15am and in Rohini thereafter ruled by Moon and persons born in Punarvasu, Visakha and Poorvabhadra in Gemini and Libra zodiac signs are advised to be alert in theirdealings.
Sensitive / Trend change Timings for the day :: 10.15am; 11.40am; 1.45pm;
Likely Intraday Trend for 08.10.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open better and generally remain steady and is expected to become highly volatile with swings ( highly bearish or normal bullishness) on either side from 11.45am to 1.45pm and remain steady / better thereafter. There is an important trend change at 10.15am and 11.45pm. Market is expected to have good swings inclined towards bullishness after 2.30pm.
Public sector Bank stocks are generally expected to be Bullish.
Astro Technical Trading Strategy for the day ::In view of the huge swings expected , particularly from 11.45am to 1.45pm, intraday strategy has to be designed depending on the movement between 11.45am to 12.00pm.
Day’s average traded price and Open level can be taken as the reference point for designing the strategy.
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 above4985 with resistance around 5015, 5040 and 5080 and bearish below 4965with supports around 4935, 4910 , and 4870 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5035 and in Bearish zone below 5010 for Thursday.
Nifty closed below 5000 but closed above 4980. Further weakness would make the market bearish for short term.
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
Tuesday, October 6, 2009
Astro Technical Guide for Wednesday, 7th October, 2009
Astro Info:: Moon transits in Bharani constellation ruled by Venus upto 10.52am and in Krittika thereafter ruled by Sun and persons born in Aardra, Swathi and Sathabhisham in Taurus and Virgo zodiac signs are advised to be alert in theirdealings.
Sensitive / Trend change Timings for the day :: 10.52am; 12.20pm; 1.50pm;
Likely Intraday Trend for 07.10.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open better and generally better and is expected to become subdued / weak after 2.00pm.
Communication, Media, Entertainment, Power, Cement, Steel, Technology stocks are expected to be better while Oil stocks could be subdued.
Astro Technical Trading Strategy for the day ::By 10.45am, if Nifty futures trades above high recorded upto 10.30am , long positions can be taken with day low level as stop loss and close the positions by about 1.45pm. After 2.00pm, if Nifty futures trades below Day’s Average traded price or appears to be becoming weak, short positions can be taken with a stop loss of about 20 points above Day’s average traded price and close the positions 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 above5045 with resistance around 5075, 5100 and 5140 and bearish below 5025with supports around 4995, 4970 , and 4930 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5000 and in Bearish zone below 4965 for Wednesday.
During intraday trading Nifty futures tested 4920 but bounced back to close in the positive zone reflects good buying support at low levels . Nifty becomes weak only below 4980 and uptrend is intact as long as it closes above 5000 mark.
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
Sensitive / Trend change Timings for the day :: 10.52am; 12.20pm; 1.50pm;
Likely Intraday Trend for 07.10.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open better and generally better and is expected to become subdued / weak after 2.00pm.
Communication, Media, Entertainment, Power, Cement, Steel, Technology stocks are expected to be better while Oil stocks could be subdued.
Astro Technical Trading Strategy for the day ::By 10.45am, if Nifty futures trades above high recorded upto 10.30am , long positions can be taken with day low level as stop loss and close the positions by about 1.45pm. After 2.00pm, if Nifty futures trades below Day’s Average traded price or appears to be becoming weak, short positions can be taken with a stop loss of about 20 points above Day’s average traded price and close the positions 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 above5045 with resistance around 5075, 5100 and 5140 and bearish below 5025with supports around 4995, 4970 , and 4930 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5000 and in Bearish zone below 4965 for Wednesday.
During intraday trading Nifty futures tested 4920 but bounced back to close in the positive zone reflects good buying support at low levels . Nifty becomes weak only below 4980 and uptrend is intact as long as it closes above 5000 mark.
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
Astro Technical Guide for Tuesday, 6th October, 2009 ::
Astro Info:: Moon transits in Aswini constellation ruled by Ketu upto 11.15am and in Bharani ruled by Venus after 11.15am and persons born in Mrigasira, Chitta and Dhanishta in Taurus and Virgo zodiac signs are advised to be alert in theirdealings.
Sensitive / Trend change Timings for the day :: 11.15am; 12.45pm; 1.50pm;
Likely Intraday Trend for 06.10.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady / better and generally remain steady / weak upto 11.15am. Important trend change time at 11.15am and market is expected to experience volatile movements from 12.45pm to 1.40pm and is expected to be generally steady / better towards close of the day.
Tech stocks could be generally subdued .
Astro Technical Trading Strategy for the day ::If Nifty futures trades above high recorded upto 10.30am and above day’s average traded price after 12.30pm, long positions can be taken with a stop loss of about 20 points below day’s average traded price and such positions may 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 above5020 with resistance around 5050, 5075 and 5115 and bearish below 5000with supports around 4970, 4945 , and 4915 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5035 and in Bearish zone below 5015 for Tuesday .
Nifty futures loses its strength if it closes below 5000 and becomes weak below 4960.
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
Sensitive / Trend change Timings for the day :: 11.15am; 12.45pm; 1.50pm;
Likely Intraday Trend for 06.10.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady / better and generally remain steady / weak upto 11.15am. Important trend change time at 11.15am and market is expected to experience volatile movements from 12.45pm to 1.40pm and is expected to be generally steady / better towards close of the day.
Tech stocks could be generally subdued .
Astro Technical Trading Strategy for the day ::If Nifty futures trades above high recorded upto 10.30am and above day’s average traded price after 12.30pm, long positions can be taken with a stop loss of about 20 points below day’s average traded price and such positions may 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 above5020 with resistance around 5050, 5075 and 5115 and bearish below 5000with supports around 4970, 4945 , and 4915 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5035 and in Bearish zone below 5015 for Tuesday .
Nifty futures loses its strength if it closes below 5000 and becomes weak below 4960.
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
Sunday, October 4, 2009
Astro Technical Guide for Monday, 5th October 2009 ::
Astro Info:: Moon transits in Revathi constellation ruled by Mercury upto 11.30am and in Aswini ruled by Ketu thereafter. . Persons born in Rohini, Hastha and Sravanam constellations and in Taurus and Virgo zodiac signs are advised to be alert in their dealings after 11.30am.
Astro Technical Position for the week :: Contrary to expectations, Nifty remained quite bullish last week and closed above the important resistance level of 5050. Mars, planet representing Action and Volatility, enters Cancer, its sign of debilitation from Monday and would be transiting in this sign very slowly for about Six months as against normal period of 45 days. Real estate Stocks, Power and Communication stocks would be affected and general volatility is expected to be high . Probably, it should be the end of the period of narrow intraday volatility. Current week witnesses several important geocosmic signatures and important among them being Mars’s entry into Cancer and Tsquare involving Saturn, Uranus and Pluto and fast moving Mercury and Venus conjoining Saturn. Further, companies would start declaring their Second quarter results which are generally expected to be better. But the nature of market is to discount future and good corporate performance is also discounted. October 5 and 8 are important dates for trend change this week. Further, Gap opening (up / down) would be common this week and hence overnight positions need to be properly hedged. Technically Nifty is generally Bullish above 5000 and bearish below 4960. Correction is overdue and traders are advised to exercise caution at higher levels.
Technical Levels for the week :: Nifty is strong above 5095 with resistance around 5176, 5242 and 5349 and weak below 5045 with supports around 4964 , 4898 and 4791 for the week. Based on present market movement, Nifty would be in bullish zone above 5065 and in bearish zone below 5025 for the week . WD Gann’s natural numbers which would act as natural support and resistance are :: 4866, 4936, 5006, 5077, 5149,5221 during the week.
Sensitive / Trend change Timings for the day ::11.30am; 2.00pm;
Intraday Trend for 5.10.09::
On the basis of planetary position, Market is expected to open weak (in view of global cues) and may remain steady after 10.30am. Important trend change time is 11.30am. Market is expected to remain sgenerally subdued and recover mildly after 2.15pm.
Communication, power and Technology stocks are expected to be subdued while oil stocks could be steady. Cement and Steel stocks could become subdued towards close of the day.
Astro Technical Trading Strategy for the day :: Gap down opening is a foregone conclusion in view of the weak global cues. First hour high and low is very important for intraday trading. If Nifty breaks First hour low, intraday longs should be avoided and vice versa. If Nifty trades above First hour high and above Day’s average traded price after 2.00pm, long positions can be taken with a stop loss of 20 points below Averge price and such positions may be closed by end of the day.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above 5080 with resistance around 5111, 5136 and bearish below 5060 with supports around 5029 , 5004, 4964 and 4931 for the day..
.
There is a strong support for Nifty futures around 4980 – 4990 in case of gap down opening .
Technical portion and astrological portion given above should be considered together and applied for taking proper trading decisions.
Disclaimer :: Intraday trading is risky and Astro guidance is to be used as an additional tool in addition to technicals and adapted depending on intraday movements. Creator only knows what is going to happen and astrologer can only indicate what is likely to happen .
Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry
Astro Technical Position for the week :: Contrary to expectations, Nifty remained quite bullish last week and closed above the important resistance level of 5050. Mars, planet representing Action and Volatility, enters Cancer, its sign of debilitation from Monday and would be transiting in this sign very slowly for about Six months as against normal period of 45 days. Real estate Stocks, Power and Communication stocks would be affected and general volatility is expected to be high . Probably, it should be the end of the period of narrow intraday volatility. Current week witnesses several important geocosmic signatures and important among them being Mars’s entry into Cancer and Tsquare involving Saturn, Uranus and Pluto and fast moving Mercury and Venus conjoining Saturn. Further, companies would start declaring their Second quarter results which are generally expected to be better. But the nature of market is to discount future and good corporate performance is also discounted. October 5 and 8 are important dates for trend change this week. Further, Gap opening (up / down) would be common this week and hence overnight positions need to be properly hedged. Technically Nifty is generally Bullish above 5000 and bearish below 4960. Correction is overdue and traders are advised to exercise caution at higher levels.
Technical Levels for the week :: Nifty is strong above 5095 with resistance around 5176, 5242 and 5349 and weak below 5045 with supports around 4964 , 4898 and 4791 for the week. Based on present market movement, Nifty would be in bullish zone above 5065 and in bearish zone below 5025 for the week . WD Gann’s natural numbers which would act as natural support and resistance are :: 4866, 4936, 5006, 5077, 5149,5221 during the week.
Sensitive / Trend change Timings for the day ::11.30am; 2.00pm;
Intraday Trend for 5.10.09::
On the basis of planetary position, Market is expected to open weak (in view of global cues) and may remain steady after 10.30am. Important trend change time is 11.30am. Market is expected to remain sgenerally subdued and recover mildly after 2.15pm.
Communication, power and Technology stocks are expected to be subdued while oil stocks could be steady. Cement and Steel stocks could become subdued towards close of the day.
Astro Technical Trading Strategy for the day :: Gap down opening is a foregone conclusion in view of the weak global cues. First hour high and low is very important for intraday trading. If Nifty breaks First hour low, intraday longs should be avoided and vice versa. If Nifty trades above First hour high and above Day’s average traded price after 2.00pm, long positions can be taken with a stop loss of 20 points below Averge price and such positions may be closed by end of the day.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above 5080 with resistance around 5111, 5136 and bearish below 5060 with supports around 5029 , 5004, 4964 and 4931 for the day..
.
There is a strong support for Nifty futures around 4980 – 4990 in case of gap down opening .
Technical portion and astrological portion given above should be considered together and applied for taking proper trading decisions.
Disclaimer :: Intraday trading is risky and Astro guidance is to be used as an additional tool in addition to technicals and adapted depending on intraday movements. Creator only knows what is going to happen and astrologer can only indicate what is likely to happen .
Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry
Thursday, October 1, 2009
Astro Technical Guide for Thursday, 01.10.09::
Astro Info:: Moon transits in Sathabhisham constellation ruled by Rahu and persons born in Aslesha , Jyeshta and Revathi in Pisces and Cancer zodiac signs are advised to be alert in theirdealings.
Sensitive / Trend change Timings for the day :: 12.50pm; 2.35pm;
Likely Intraday Trend for 01.10.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open weak and may generally recover thereafter with a trend change possibility at 12.45pm and 2.35pm;
Power , pharma stocks are expected to be subdued towards close of the day.
Astro Technical Trading Strategy for the day ::If Nifty futures trades above high recorded upto 10.30am any time after 10.45am, long positions can be taken with day low as strict stop loss and may be closed by about 12.30pm or 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 above5080 with resistance around 5110, 5135 and 5175 and bearish below 5060with supports around 5030, 5005 , and 4960 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5050 and in Bearish zone below 5030 for Thursday .
Considering yesterday’s strong upmove, Nifty would become bearish for short term only when it closes below 4970.
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
Sensitive / Trend change Timings for the day :: 12.50pm; 2.35pm;
Likely Intraday Trend for 01.10.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open weak and may generally recover thereafter with a trend change possibility at 12.45pm and 2.35pm;
Power , pharma stocks are expected to be subdued towards close of the day.
Astro Technical Trading Strategy for the day ::If Nifty futures trades above high recorded upto 10.30am any time after 10.45am, long positions can be taken with day low as strict stop loss and may be closed by about 12.30pm or 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 above5080 with resistance around 5110, 5135 and 5175 and bearish below 5060with supports around 5030, 5005 , and 4960 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5050 and in Bearish zone below 5030 for Thursday .
Considering yesterday’s strong upmove, Nifty would become bearish for short term only when it closes below 4970.
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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