Astro Info:: Moon transits in Poorvabhadra constellation ruled by Jupiter and persons born in Aswini, Makha and Moola and in Pisces and Cancer zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day ::10.45am; 11.40am; 1.45pm;
Likely Intraday Trend for 23.12.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady and remain weak from 10.45am to 12.30 and may remain steady / subdued thereafter. Astrologically, It is expected to be a big range day with bearish bias . Tech stocks may fare better.
Astro Technical Trading Strategy for the day :: After 10.45am, if Nifty futures trades below Low level recorded upto 10.30am, short positions can be taken with Day high as stop loss and such positions to be closed by 1.00pm or be held trailing stop loss depending on market .
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 above5000 with resistance around 5030, 5055 and 5090 and bearish below 4975 with supports around 4945, 4920 and 4880 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 4990 and in Bearish zone below 4975 for Wednesday.
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 5050 and support around 4940 for Nifty futures for the time being.
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
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment