Astro Info:: Moon transits in Pubba constellation ruled by Venus and persons born in Mrigasira, Chitta and Dhanishta and in Virgo and Capricorn zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day ::11.30am; 1.00pm; 2.30pm;
Likely Intraday Trend for 05.01.2010::
On the basis of planetary position and aspects amongst planets , Market is expected to open better and generally expected to be better with occasional dips after11.30am;
PSU, Media / entertainment stocks are expected to be better.
Astro Technical Trading Strategy for the day :: By 10.00am, If Nifty fut trades above high recorded upto 9.30am, long positions can be taken with stop loss of day low and such positions can be closed by end of the day.
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 5285, 5310,5350 and bearish below 5230 with supports around 5198, 5170 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5235and in Bearish zone below 5220 for Tuesday.
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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