Astro Info:: Moon transits in Poorvashadha constellation ruled by Venus and persons born in Mrigasira, Chitta and Dhanishta and in Capricorn and Taurus zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day ::9.25am; 10.45am; 2.25pm;
Likely Intraday Trend for 14.01.2010::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady and remain better for most part of the day with occasional corrections between 10.45 to 12.30pm; Time between 1.00pm to 2.00pm is crucial for the market.
Bank stocks are expected to be subdued .
Astro Technical Trading Strategy for the day :: If Nifty fut trades above Open level by 10.00am, long positions can be taken with Day’s low level as stop loss and such positions may be closed by 12.30pm or be continued with trailing stop loss.
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 above5250 with resistance around 5280, 5310 and bearish below 5230 with supports around 5200, 5170 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5220and in Bearish zone below 5200 for Thursday.
Nifty could not close below 5200 to indicate weakness . Only close below 5200 indicates weakness and close above 5275 / 5300 indicate fresh bullishness. .
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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