Astro Info:: Moon transits in Sathabhisham constellation ruled by Rahu and persons born in Aslesha, Jyeshta and Revathi and in Pisces and Cancer zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day :: 9.25am; 11.05am; 12.30pm; 2.15pm;
Likely Intraday Trend for 19.01.2010::
On the basis of planetary position and aspects amongst planets , Market is expected to open better and remain so in the forenoon session and expected to become subdued in the Second half of the day particularly towards close of the day.
PSU, Entertainment, Power stocks are expected to remain subdued in Second half of the day.
Astro Technical Trading Strategy for the day :: If Nifty fut trades above Open level by 9.45am, long positions can be taken with Day’s low level as stop loss and such positions may be closed by 12.30pm. If Nifty futures trades below Day’s average Price any time after 1.30pm by atleast 10 points, short positions can be taken with Day high as stop loss and such positions to 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 above5280 with resistance around 5310, 5340 and bearish below 5260 with supports around 5230, 5200 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5270and in Bearish zone below 5250 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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