Astro Info:: Moon transits in Makha constellation ruled by Ketu and persons born in Rohini, Hastha and Sravanam and in Virgo and Capricorn zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day :: 10.30am; 11.30am; 1.00pm;
Likely Intraday Trend for 10.11.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady / better and remain steady thereafter and recover after 11.30am and may become steady towards close of the day. Time from 1.00pm to 1.45pm is is expected to be volatile.
Astro Technical Trading Strategy for the day ::By 11.30am, if Nifty futures trades above Day’s Open Price and average traded price , long positions can be taken with Day Low as stop loss and such positions to be closed by 2.30pm. Alternatively, long positions can be attempted at support levels 4865 / 4840 with lower level 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 above4915 with resistance around 4945, 4970,and 5010 and bearish below 4895 with supports around 4865, 4840 , and 4802 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 4860 and in Bearish zone below 4830 for Tuesday.
Market closed much above resistance point of 4850 . Long positions can be taken on decline with 4700 put option as a hedge. However, strong resistance exists in the region of 4950.
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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