Astro Info:: Moon transits in Mrigasira constellation ruled by Mars and persons born in Pushyami, Anuradha and Uttarabhadra and in Gemini and Libra zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day :: 11.40am; 1.35pm;
Likely Intraday Trend for 3.12.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady / subdued and may recover after 11.30am.
Communication stocks may remain volatile inclined towards bearishness.
Astro Technical Trading Strategy for the day ::Any time after 11.30am, If Nifty futures 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 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 above5130 with resistance around 5160, 5190 and 5230 and bearish below 5110 with supports around 5080, 5050 , and 5010 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5135 and in Bearish zone below 5120 for Thursday.
Caution is necessary at high index level. Strong support for Nifty is available at 5000 level.
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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