Astro Info:: Moon transits in Krittika constellation ruled by Sun and persons born in Aardra, Swathi and Sathabhisham and in Pisces and Cancer zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day :: 11.30am; 1.00pm; 2.15pm;
Likely Intraday Trend for 04.11.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open better and generally remain better in the forenoon and may fall in the second half of the day (particularly after 2.00pm;)
Astro Technical Trading Strategy for the day ::Any time after 1.00pm, if Nifty futures trades below Open and Day’s average traded price, short positions can be taken with Day high 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 above4560 with resistance around 4590, 4610 and 4650 and bearish below 4535 with supports around 4515, 4490 , and 4455 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 4655 and in Bearish zone below 4615 for Wednesday.
Technically , market is in highly oversold zone and a technical bounce back can be expected. However, there is a strong support around 4450 - 4500 and strong resistance at 4700 and at 4850.
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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