Astro Info:: Moon transits in Aardra constellation ruled by Rahu and persons born in Aslesha, Jyeshta and revathi and in Cancer and Scorpio zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day :: 11.25am; 3.10pm;
Likely Intraday Trend for 28.01.2010::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady / better and remain subdued in Second half of the day.
Communication, Oil stocks are expected to be subdued.
Astro Technical Trading Strategy for the day :: If Nifty fut trades below Day’s Average Traded Price, short positions can be taken with a stop loss of about 10 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 above4855 with resistance around 4885, 4910 and 4945 and bearish below 4835 with supports around 4805, 4782 and 4743 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 4912and in Bearish zone below 4885 for Thursday.
Being last day of F&O expiry, scrip specific movement is possible and Market is in extremely oversold position and a pull back is possible barring unforeseen movement which is possible on account of RBI Credit policy on Friday.
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 tobe used 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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