Friday, February 19, 2010

10 – 12 CRITICAL TIME

Astro Technical Guide for Friday , 19.02.2010::

Astro Info:: Moon transits in Aswini constellation ruled by Ketu and persons born in Rohini, Hastha and Sravanam and in Taurus and Virgo Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day ::10.00am; 11.20pm; 1.40pm

Likely Intraday Trend for 19.02.2010::
On the basis of planetary position and aspects amongst planets , Market is expected to remain steady/subdued and time between 10.00am to 12.00pm is critical for the market with fierce movements on either side and remain steady thereafter and may have volatile movements after 2.00pm .
PSU stocks are expected to be better while Power / pharma stocks are expected to have volatile movements .

Astro Technical Trading Strategy for the day :: Anytime after 10.00am, if Nifty fut trades above Open and Day’s Average Price by atleast 10 points, long positions can be taken with day low as stop loss and such positions may be closed by 12.00pm or be maintained with strict trailing stop loss.

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 would be bullish above4895 with resistance around 4925 4950 and 4985 and bearish below 4873 with supports around 4845, 4820 for the day ...
Based on present market movement, Nifty futures would be in Bullishzone above 4900and in Bearish zone below 4885 for Friday.

Nifty would now become weak only below 4830 and expected to face strong resistance around 4950 / 5000.

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

No comments:

Post a Comment