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

No comments:

Post a Comment