Astro Info:: Moon transits in Hastha constellation ruled by Moon till 11.00am and in Chitta ruled by Mars thereafter and persons born in Pushyami, Anuradha and Uttarabhadra constellations and in Libra and Aquarius zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day ::11.00am; 12.30pm and 2.00pm.
Likely Intraday Trend for 11.12.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady / better and generally remain better from 11.00am and expected to be highly volatile from 2.00pm., Market is generally expected to follow a smooth trend (up or down without being choppy)
PSU, Power, Pharma , Bank stocks are expected to be generally better.
Astro Technical Trading Strategy for the day ::After 10.30am, If Nifty fut trades above day high recorded upto 10.30am, long positions can be taken with day low as stop loss and such positions may be closed by 2.00pm or be continued with strict trailing stop loss.
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 above5140 with resistance around 5171, 5197 and 5238 and bearish below 5120 with supports around 5090, 5063 , and 5032 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5130 and in Bearish zone below 5110 for Fri
day.
Market has been trading in a narrow range which can be expected to be broken today.
Strong support exists at 5050 and resistance at 5190 and 5225. However, Caution is advised at higher levels. Nifty would lose its momentum only if it closes below 5050
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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