Astro Info:: Moon transits in Hastha constellation ruled by Moon and persons born in Punarvasu, Visakha and Poorvabhadra and in Libra and Aquarius zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day :: 11.25am; 1.00pm; 3.00pm;
Likely Intraday Trend for 03.02.2010::
On the basis of planetary position and aspects amongst planets , Market is expected to open subdued and generally remain bearish with occasional spikes. Market expected to be volatile particularly from 1.20pm to 2.20pm;
PSU stocks are expected to be better while Steel, Cement, Oil and Power / Pharma stocks may remain subdued.
Astro Technical Trading Strategy for the day :: Any rise in Nifty futures (upto resistance levels) may be utilized for selling to cover by end of the day.
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 would be bullish above4832 with resistance around 4860, 4885 and 4920 and bearish below 4807 with supports around 4780, 4755 and 4720 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 4885and in Bearish zone below 4855 for Wednesday.
Nifty fut becomes more weak below 4800 .
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
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment