Astro Info:: Moon transits in Anuradha constellation ruled by Saturn till 2.20pm and in Jyeshta ruled by Mercury thereafter and persons born in Bharani, Pubba and Poorvashadha and in Sagittarius and Aries zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day ::11.10am; 2.20pm;
Likely Intraday Trend for 15.12.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady and generally remain steady / subdued thereafter and is expected to become volatile towards close of the day. (after 2.20pm)
Media and Entertainment stocks are expected to be better.
Astro Technical Trading Strategy for the day ::By 11.00am, If Nifty fut trades below Day low recorded upto 10.30am, short positions can be taken with Day high as stop loss and such positions may be closed by 2.15pm or be held with strict trailing stop loss depending on the situation.
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 above5115 with resistance around 5145, 5170 and 5210 and bearish below 5090 with supports around 5064, 5040 , and 5000 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5140 and in Bearish zone below 5120 for Tuesday.
IF resistance levels are achieved in the forenoon session, buying may be avoided at higher levels and risky traders can consider short positon for a pull back to Bullish trigger level. IF Support levels are achieved in the forenoon session, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto Bearish trigger level / other support levels.
Strong support exists at 5050 and resistance at 5190. However, Caution is advised at higher levels. Nifty would lose its momentum only if it closes below 5050. Close below 5050 can take the Nifty to 4900 – 4950 within short time.
Intraday trend given above is relative and based purely on the basis of planetary positions and aspects and needs to be understood and applied depending on the market movement. Technical portion and astrological portion given above should be 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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