Astro Info:: Moon transits in Anuradha constellation ruled by Saturun and persons born in Bharani, Pubba and Poorvashadha and in Sagittarius and Aries zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day :: 11.10am; 12.05pm; 2.45pm;
Likely Intraday Trend for 17.11.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady / better and generally remain so and may remain volatile in the midsession and also towards close of the day after 2.45pm.
Communication and Cement / Steel stocks are expected to be better.
Astro Technical Trading Strategy for the day ::Market is generally bullish and even intraday short would be against the main trend of the market. Day’s open level and Day’s average price and resistance and support levels may be taken as the reference and appropriate trading strategy may be designed. Suggested strategy is :: If at any time after 1.00pm, Nifty futures trades below Day’s average traded price by atleast 10 points, short positions may be considered with Day high as strict 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 above5070 with resistance around 5100, 5125 and 5165 and bearish below 45045 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 Tuesday.
Market closed above initial resistance of 5050 and next major resistance is only 5175.. Major support is 5000 / 4900.
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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