Astro Info:: Moon transits in Mrigasira constellation ruled by Mars upto 2.20pm and in Aardra constellation ruled by Rahu thereafter and persons born in Pushyami, Anuradha and Uttarabhadra and in Cancer and Scorpio zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day :: 11.30am; 2.20pm;
Likely Intraday Trend for 06.11.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open better and generally remain weak in the forenoon session and may recover after 2.20pm;
PSU, Cement, Steel, Tech stocks may remain subdued.
Astro Technical Trading Strategy for the day ::Any time after 2.00pm, if Nifty futures trades above Day’s average traded price by atleast 10 points, long positions can be taken with Day Low as stop loss and such positions to be closed by end of the day.
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 above4780 with resistance around 4810, 4835 and 4870 and bearish below 4760 with supports around 4730, 4710 , and 4670 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 4675 and in Bearish zone below 4650 for Friday.
Market witnessed highly volatile movements yesterday and recovered very sharply in the second half of the day and closed above 4750 to confirm the arrest of downfall. As per the present trend , Nifty has strong support in the region of 4650 - 4700 and strong resistance around 4850.
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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