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
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