Astro Info:: Moon transits in Uttara constellation ruled by Sun and persons born in Aardra, Swathi and Sathabhisham and in Libra and Aquarius zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day ::9.45am; 11.35am; 1.00pm; 2.45pm;
Likely Intraday Trend for 06.01.2010::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady / subdued and recover immediately (after 9.30am) and is expected to become subdued after 1.00pm and become weak towards close of the day. Highest rates are expected to be recorded before noon.
Power and Bank stocks are expected to be subdued while Cement / Steel stocks are expected to be quite volatile.
Astro Technical Trading Strategy for the day :: Forenoon session is expected to be better while afternoon session could remain subdued / weak. Keeping in view the above, bullish strategy is to be adopted in the morning session and risky traders can adopt “Sell Buy” strategy in the afternoon.(after 1.00pm)
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 above5290 with resistance around 5322, 5350 and bearish below 5270 with supports around 5238, 5210 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5285and in Bearish zone below 5265 for Wednesday.
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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