Astro Info:: Moon transits in Pubba constellation ruled by Venus and persons born in Mrigasira, Chitta and Dhanishta and in Virgo and Capricorn zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day :: 10.20am; 11.20am; 1.20pm;
Likely Intraday Trend for 11.11.09::
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 again become subdued after 2.00pm
Astro Technical Trading Strategy for the day ::By 10.45am, if Nifty futures trades above Day’s High Price recorded upto 10.30am, long positions can be taken with Day Low as stop loss and such positions to be closed by 1.30pm. Any time after 2.00pm, if Nifty trades atleast 10 points below Day’s average price, short positions can be taken to be closed by end of the day.
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 above4885 with resistance around 4915, 4940,and 4975 and bearish below 4865 with supports around 4835, 4810 , and 4770 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 4910 and in Bearish zone below 4880 for Wednesday.
Yesterday Market faced strong resistance around 4950 and close above 4950 only would take the market further and close below 4800 would make it slightly nervous.
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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