Friday, October 30, 2009

Astro Technical Guide for Friday , 30.10.09

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

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