Astro Info:: Moon transits in Rohini constellation ruled by Moon upto 11.30am and in Mrigasira constellation ruled by Mars hereafter and persons born in Pushyami, Anuradha and Uttarabahdra and in Gemini and Libra zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day ::10.15am; 11.40am; 2.25pm;
Likely Intraday Trend for 30.12.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady / better and expected to remain highly volatile (mostly inclined towards bearishness) after 11.45am with heavy fall towards close of the day (after 3.00pm). Astrologically, today might turn out to be a bearish day.
Pharma and Power stocks are expected to be better while Tech stocks could remain subdued.
Astro Technical Trading Strategy for the day :: Any time after 12.00pm, 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 above5205 with resistance around 5237, 5263 and bearish below 5185 with supports around 5153, 5127 and 5085 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5210and in Bearish zone below 5200 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.
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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