Friday, November 27, 2009

Astro Technical Guide for Friday, 27.11.09

Astro Info:: Moon transits in Uttarabhadra constellation ruled by Saturn and persons born in Bharani, Pubba and Poorvashadha and in Aries and Leo zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day :: 11.35am;2.00pm;

Likely Intraday Trend for 27.11.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open weak and is expected to remain volatile particularly from 10.15am to 12.00pm and again from 2.00pm to 2.45pm . An unpredictable day with positive and negative factors but expected to be highly volatile due to Moon’s aspect with Saturn and Pluto.
PSU stocks are expected to be better while Power and Steel stocks could be volatile inclined towards bearishness.

Astro Technical Trading Strategy for the day ::If Nifty futures trades below Day’s Average Traded Price by atleast 15 points by after 1.30pm, Short positions can be taken with stop loss of about 20 points above Average Price and such positions may 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 above5015 with resistance around 5045, 5070 and 5110 and bearish below 4995 with supports around 4965, 4940 , and 4900 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5060 and in Bearish zone below 5030 for Friday.

Nifty breached support of 5050 and closed below that level and close below 5050 for One more day would confirm loss of momentum.

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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