Astro Info:: Moon transits in Uttara constellation ruled by Sun and persons born in Aardra, Swathi and Sathabhisham and in Virgo and Capricorn zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day :: 11.25am; 12.25pm; 2.50pm;
Likely Intraday Trend for 12.11.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady / better and remain steady after 11.30am and may become subdued towards close of the day. Highest rates for the day are expected to be recorded before noon. Communication, tech stocks are expected to be better.
Astro Technical Trading Strategy for the day ::After 1.00pm, if Nifty futures trades below Day’s Average Traded Price by at least 15 points, short positions can be taken with Day high as strict stop loss. Taking intraday is against the general trend of the market and hence extreme cautions is advised. 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 above5025 with resistance around 5050, 5075 and 5115 and bearish below 5000 with supports around 4970, 4945 , and 4905 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 4960 and in Bearish zone below 4930 for Thursday.
Yesterday Market cleared the resistance of 4950 and closed above 5000 and gave an indication of further Bullishness. Close below 4850 only indicates weakness. Market is temporarily overbought zone and needs to consolidate before fresh upmove.
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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