Astro Info:: Moon transits in Revathi constellation ruled by Mercury . Persons born in Krittika, Uttara and Uttarashadha constellations and in Aries and Leo zodiac signs are advised to be alert in their dealings .
Sensitive / Trend change Timings for the day ::10.00am; 11.50am and 1.15pm; Intraday Trend for 22.1.2010::
On the basis of planetary position, Market is expected to open weak and remain subdued from 11.45am to 1.30pm and is expected to recover thereafter. Time between 11.05am to 11.50am is crucial for the market. Bank stocks are expected to be subdued .
Astro Technical Trading Strategy for the day :: By 1.30pm, if Nifty futures trades above Day’s Average Traded Priceby atleast 10 points , long positions may be taken with a stop loss of 10 points below Average Price and such positions may be closed by end of the day. Open level is important above which only long positions may be taken and vice versa. Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above 5095 with resistance around 5126, 5151 and 5191 and bearish below 5075with supports around 5045, 5020and 4970for the day. Nifty fut is Bullish zone above 5150 and weak below 5120 for the day.
Market experienced heavy sell off yesterday and closed below 5100 and strong support exists between 5000 and 5050 for the market.
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 to be used as an additional tool in addition to technicals and adapted depending on intraday movements. Creator only knows what is going to happen 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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