Astro Info:: Moon transits in Krittika constellation ruled by Sun and persons born in Aardra, Swathi and Sathabhisham and in Gemini and Libra zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day :: 10.00am; 2.30pm;
Likely Intraday Trend for 1.12.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady / better and immediately become subdued / weak (from 10.15am) and remain occasionally volatile ( 10.00am to 10.50am; 12.25pm to 1.10pm and 1.50pm to 2.30pm) inclined towards bearishness.
Entertainment / Media stocks are expected to be volatile inclined towards bearishness.
Astro Technical Trading Strategy for the day ::Any time after 10.30am, If Nifty futures trades below Day Low recorded upto 10.30am, short positions can be taken with Day high as strict stop loss (trailing the stop loss periodically) and such short positions may be closed by end of the day.
Open level is important for intraday trading and intraday short positions are to be taken below 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 above5040 with resistance around 5070, 5095 and 5135 and bearish below 5015 with supports around 4985, 4960 , and 4925 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5040 and in Bearish zone below 5015 for Tuesday.
Nifty has strong resistance around 5050 and 5075 and strong support around 4900. It is better to avoid buying at high levels and higher levels may be used for booking profits or reducing positions.
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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