Astro Info:: Moon transits in Jyeshta constellation ruled by Mercury and persons born in Krittika, Uttara and UTtarashadha and in Sagittarius and Aries zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day :: 11.05am; 11.40am; 1.15pm;
Likely Intraday Trend for 18.11.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady/ better and generally remain so and may recover further after 11.00am and may become subdued towards close of the day. Market is expected to experience high volatility between 11.40am to 1.15pm.
Power and Pharma stocks are expected to be better.
Astro Technical Trading Strategy for the day ::After 11.00am, if Nifty futures is trading above high recorded upto 10.30am, long positions can be taken with Day low as stop loss and may be maintained with trailing stop loss or 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 above5070 with resistance around 5100, 5125 and 5165 and bearish below 5050 with supports around 5020, 4990 , and 4950 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5050 and in Bearish zone below 5030 for Wednesday.
Market closed above initial resistance of 5050 for the Second day and next major resistance is only 5175.. Major support is 5000 / 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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