Astro Technical Guide for Friday, 13.11.09

Astro Info:: Moon transits in Hastha constellation ruled by Sun and persons born in Punarvasu, Visakha and Poorvabhadra and in Libra and Aquarius zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day :: 10.15am; 11.40am; 12.30[,; 2.15pm;

Likely Intraday Trend for 13.11.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady / subdued and generally remain volatile with frequent up and down movements. Time from 12.00pm to 1.00pm is expected to be volatile.
PSU and Oil stocks are expected to be volatile inclined towards bearishness.

Astro Technical Trading Strategy for the day ::Since the market is expected to have volatile movements, Buying can be done at support levels for sale at resistance levels . Frequent profit booking is advised in view of the expected volatility.
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 above4975 with resistance around 5005, 5030 and 5070 and bearish below 4955 with supports around 4925, 4900 , and 4860 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 4980 and in Bearish zone below 4955 for Friday.

Market corrected yesterday on the back of smart recovery in the last week. Close below 4850 indicates weakness. Close above 5025 would make the market further strong.

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