Wednesday, November 25, 2009

Astro Technical Guide for Thursday, 26.11.09

Astro Info:: Moon transits in Poorvabhadra constellation ruled by Jupiter and persons born in Aswini, Makha and Moola and in Pisces and Cancer zodiac signs are advised to be alert in their dealings.


Sensitive / Trend change Timings for the day :: 11.25am;1.25pm; 2.40pm;

Likely Intraday Trend for 26.11.09 ::

On the basis of planetary position and aspects amongst planets , Market is expected to open steady / better and remain subdued / weak between 12.00pm and 2.00pm and again recover thereafter.
Entertainment / Media , Tech stocks are expected to be better while Communication stocks could be subdued.

Astro Technical Trading Strategy for the day ::

Market is expected to have volatile movements with better time upto 12.00pm and thereafter subdued / weak trend till 2.00pm and again recovery thereafter. Further, being last day of F&O expiry, scrip specific movement is most likely. Suitable strategy has to be devised keeping Open Price, Day’s Average Price and the strength of the scrip.

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 above
5120 with resistance around 5150, 5175 and 5215 and bearish below 5100 with supports around 5070, 5045 , and 5005 for the day...

Based on present market movement, Nifty futures would be in Bullish
zone above 5120 and in Bearish zone below 5100 for Thursday.

There is a strong support for Nifty fut around 5075 and market would lose its momentum only if it closes below 5060.

Technical portion and astrological portion given above should
be considered together and applied for taking proper trading decisions.

Disclaimer :: Intraday trading is risky and Astro guidance is to
beused as an additional tool in addition to technicals and adapted
depending on intraday movements. Creator only knows what is going to
happen 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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