Tuesday, October 6, 2009

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

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