Wednesday, November 25, 2009

Astro Technical Guide for Wednesday, 25.11.09

Astro Info:: Moon transits in Sathabhisham constellation ruled by Rahu and persons born in Aslesha, Jyeshta and Revathi and in Pisces and Cancer zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day :: 10.40am; 12.20pm; 2.00pm;

Likely Intraday Trend for 25.11.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady and expected to be volatile from 12.50pm to 1.30pm . Second half is expected to be generally better than First half of the day.

Astro Technical Trading Strategy for the day ::After 1.30pm, if Nifty is trading above Day’ Average traded price by atleast 10 points, Long positions can be taken with a stop loss of about 20 points below Day’s Average traded price and such positions to be closed by end of the day.

Open level is important for intraday 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 above5095 with resistance around 5120, 5145 and 5190 and bearish below 5070 with supports around 5040, 5015 , and 4975 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5090 and in Bearish zone below 5070 for Wednesday.

There is a strong support for Nifty fut around 4950 and market would lose its momentum in case it closes below 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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