Astro Info:: Moon transits in Sathabhisham constellation ruled by Rahu and persons born in Aslesha a, Jyeshta and Revathi and in Pisces and Cancer zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day ::10.45am; 12.15pm; 1.20pm;
Likely Intraday Trend for 22.12.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady / better and may recover after 10.45am to again become subdued after 12.15pm and may become weak towards close of the day (after 2.00pm).
Communication, Cements, Steel stocks may remain subdued.
Astro Technical Trading Strategy for the day :: After 1.30pm, if Nifty futures trades below Day’s average price by atleast 10 points, short positions can be taken with a stop loss of about 20 points above Average price and such 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 above4955 with resistance around 4990, 5025 and bearish below 4935 with supports around 4910, 4885 and 4850 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 4970 and in Bearish zone below 4955 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.
There is a strong resistane around 5000 and support around 4875 for Nifty futures for the time being.
Long positions may be avoided as Nifty futures is in correction mode and this correction may continue for some more time too.
Note :: 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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