Astro Info:: Moon transits in Moola constellation ruled by Ketu and persons born in Rohini, Hastha and Sravanam and in Capricorn and Taurus zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day ::10.50am; 11.45am; 12.25pm; 2.10pm;
Likely Intraday Trend for 13.01.2010::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady / subdued and remain subdued / weak from 9.15am to 12.30pm and may remain steady thereafter.
Communication, Bank stocks may remain better while Power, Pharma , Cement / Steel stocks may remain subdued.
Astro Technical Trading Strategy for the day :: If Nifty fut trades below Open level by 10.00am, short positions can be taken with day high as stop loss and such positions may be closed by 12.30pm or be continued with strict trailing stop loss.
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 above5220 with resistance around 5252, 5278 and bearish below 5200 with supports around 5168, 5142 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5250and in Bearish zone below 5230 for Wednesday.
After a string of narrow movement days, market has made way for bearish break out which would be confirmed if Nifty closes below 5200.
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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