Astro Technical Guide for Tuesday , 02.02.2010::
Astro Info:: Moon transits in Uttara constellation ruled by Sun and persons born in Aarda, 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 :: 9.20; 12.35pm;
Likely Intraday Trend for 02.02.2010::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady/ better recover further after 9.30am and is expected to become subdued after 1.00pm;
Tech stocks are expected to be volatile while Oil stocks could remain subdued.
Astro Technical Trading Strategy for the day :: By 9.30am, if Nifty fut trades above Open level, long positions can be taken with Low level as stop loss and such positions may be closed by 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 would be bullish above4911 with resistance around 4940, 4965 and 5000 and bearish below 4890 with supports around 4860, 4835 and 4800 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 4885and in Bearish zone below 4860 for Tuesday.
Nifty fut becomes weak below 4800 only and strong above 5000 only.
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
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