Astro Info:: Moon transits in Uttara constellation ruled by Sun till 11.30am and in Hastha ruled by Moon thereafter and persons born in Punarvasu, Visakha and Poorvabhadra constellations and in Libra and Aquarius zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day ::11.30am; 1.00pm; 2.30pm;
Likely Intraday Trend for 10.12.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady / better and generally remain highly volatile movements ( rise till 11.30 and thereafter fall till 1.00pm and again rise till 2.35 and fall towards close of the day) during the day.
Communication, power, steel stocks are expected to be volatile inclined towards bearishness.
Astro Technical Trading Strategy for the day ::In view of the expected volatile movements, scrip wise strategy will have to be adopted with Open level, Day’s average price as reference points.
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 5161, 5187 and 5228 and bearish below 5110 with supports around 5080, 5053 , and 5022 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5130 and in Bearish zone below 5110 for Thursday.
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 .T
rade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry
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