Tuesday, December 1, 2009

Astro Technical Guide for Wednesday, 2.12.2009

Astro Info:: Moon transits in Rohini constellation ruled by Moon and persons born in Punarvasu, Visakha and Poorvabhadra and in Gemini and Libra zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day :: 10.45am; 11.50am; 1.40pm;

Likely Intraday Trend for 2.12.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady and recover from 10.10am and may become subdued in second half of the day. A volatile day with good intraday fluctuations.
PSU stocks are expected to be volatile inclined towards bearishness.

Astro Technical Trading Strategy for the day ::Any time after 1.30pm, If Nifty futures trades below Day’s Average price by atleast 15 points, short positions can be taken with a stop loss of about 20 points above Average price 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 above5140 with resistance around 5170, 5200 and 5240 and bearish below 5120 with supports around 5090, 5060 , and 5020 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5085 and in Bearish zone below 5065 for Wednesday.

Nifty closed firm and if the bullishness continues, it can make a new high . However caution is necessary at high levels.

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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