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

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