Astro Info:: Moon transits in Pubba constellation ruled by Venus till 12.00pm and in Uttara ruled by Sun thereafter and persons born in Mrigasira, Chitta and Dhanishta constellations in the forenoon and in Aardra, Swathi and Sathabhisham constellations in the afternoon and in Virgo and Capricorn zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day ::12.00pm; 1.25pm 2.25pm;
Likely Intraday Trend for 9.12.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady / subdued and generally remain better thereafter and may become subdued after 2.00pm.
Bank stocks are expected to remain subdued.
Astro Technical Trading Strategy for the day ::After 10.30am, If Nifty futures trades above High level recorded upto 10.30am, long positions can be taken with day low as stop loss and such positions may be closed by 2.00pm.
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 above5160 with resistance around 5192, 5217 and 5258 and bearish below 5140 with supports around 5110, 5083 , and 5050 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5120 and in Bearish zone below 5100 for Wednesday.
Nifty regained its momentum and appears to be heading to post a new high and would lose the momentum only when it closes below 5050. Strong support exists at 5050 and resistance at 5190 and 5225. However, Caution is advised at higher levels. Market is expected to be better till first half of Thursday (peak for this week) and may become subdued thereafter for the week.
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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