Thursday, October 8, 2009

VOALTILE MIDSESSION ::

Astro Technical Guide for Thursday, 08.10.09::

Astro Info
:: Moon transits in Krittika constellation ruled by Sun upto 10.15am and in Rohini thereafter ruled by Moon and persons born in Punarvasu, Visakha and Poorvabhadra in Gemini and Libra zodiac signs are advised to be alert in theirdealings.
Sensitive / Trend change Timings for the day :: 10.15am; 11.40am; 1.45pm;
Likely Intraday Trend for 08.10.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open better and generally remain steady and is expected to become highly volatile with swings ( highly bearish or normal bullishness) on either side from 11.45am to 1.45pm and remain steady / better thereafter. There is an important trend change at 10.15am and 11.45pm. Market is expected to have good swings inclined towards bullishness after 2.30pm.
Public sector Bank stocks are generally expected to be Bullish.

Astro Technical Trading Strategy for the day ::In view of the huge swings expected , particularly from 11.45am to 1.45pm, intraday strategy has to be designed depending on the movement between 11.45am to 12.00pm.
Day’s average traded price and Open level can be taken as the reference point for designing the strategy.
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 above4985 with resistance around 5015, 5040 and 5080 and bearish below 4965with supports around 4935, 4910 , and 4870 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5035 and in Bearish zone below 5010 for Thursday.

Nifty closed below 5000 but closed above 4980. Further weakness would make the market bearish for short term.

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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