Thursday, November 19, 2009

Astro Technical Guide for Thursday, 19.11.09

Astro Info:: Moon transits in Moola constellation ruled by Ketu and persons born in Rohini, Hastha and Sravanam and in Capricorn and Taurus zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day :: 10.10am; 3.15pm; 1.40pm;

Likely Intraday Trend for 19.11.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady and generally remain so and may become subdued from 12.30pm to 2.30pm and may recover thereafter.
Oil stocks may fare better.

Astro Technical Trading Strategy for the day ::After 12.30pm, if Nifty is trading below Day’s average traded price, short positions can be taken with Day high as strict stop loss and may be closed by 2.30pm.

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 above5070 with resistance around 5100, 5125 and 5165 and bearish below 5050 with supports around 5020, 4990 , and 4950 for the day...

Based on present market movement, Nifty futures would be in Bullishzone above 5070 and in Bearish zone below 5050 for Thursday.
Market is trading in a narrow range of 5020 and 5080 and needs to breakout eitherside for a significant move. Nifty would become weak only if it closes below 5000 level.


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

No comments:

Post a Comment