Astro Info:: Moon transits in Rohini constellation ruled by Moon and persons born in Punarvasu, Visakha and Poorvabhadra and in Pisces and Cancer zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day :: 10.10am; 2.30pm;
Likely Intraday Trend for 05.11.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady and remain volatile till 11.45am and remain steady thereafter and may remain subdued / weak after 2.00pm; Bank stocks are expected to be better.
Astro Technical Trading Strategy for the day ::Any time after 2.00pm, if Nifty futures trades below Open and Day’s average traded price, short positions can be taken with Day high as stop loss.
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 above4720 with resistance around 4750, 4770 and 4810 and bearish below 4700 with supports around 4670, 4650 , and 4610 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 4660 and in Bearish zone below 4630 for Thursday.
Yesterday, Market recovered entire fall of Tuesday. There is a strong support around 4550 – 4650 and strong resistance at 4750 and at 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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