Astro Info:: Moon transits in Moola constellation ruled by Ketu upto 11.00am and in Poorvashadha ruled by Venus thereafter and persons born in Mrigasira, Chitta and Dhanishta and in Capricorn and Taurus zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day :: 11.00am; 2.20pm;
Likely Intraday Trend for 20.11.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady and generally recover from 11.00am to 2.15pm and again become subdued thereafter.
Oil stocks may remain subdued .
Astro Technical Trading Strategy for the day ::After 11.00am , if Nifty is trading above Day’ high level recorded upto 11.00am, long positions may be taken with Day low as strict stop loss and such positions to be closed before 2.30pm. If after 2.30pm, Nifty trades below Day’s average level by atleast 10 points, short positions may be taken with a stop loss of about 25 points and such positions to be closed by end of the day.
Open level is important for intraday 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 above5000 with resistance around 5030, 5055 and 5095 and bearish below 4980 with supports around 4950, 4925 , and 4885 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5015 and in Bearish zone below 4995 for Friday.
Nifty closed below 5000 and gave a down side breakout and market now becomes bullish only above 5080.
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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