Tuesday, February 16, 2010

MAJOR MOVEMENT LIKELY !!!

Astro Technical Guide for Tuesday , 16.02.2010::

Astro Info:: Moon transits in Poorvabhadra constellation ruled by Jupiter and persons born in Aswini, Makha and Moola and in Pisces and Cancer zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day :: 9.55am; 11.30am; 2.00pm;

Likely Intraday Trend for 16.02.2010::
On the basis of planetary position and aspects amongst planets , Market is expected to remain subdued till 10.00am and recover thereafter and may have occasional dips and may go up after 2.00pm; Astrologically, a day when it can go up or come down significantly.
Technology stocks may remain better.

Astro Technical Trading Strategy for the day :: Anytime after 10.00am, if Nifty fut trades above Open level and Average Price, long positions can be taken with day low as stop loss and may be continued till the close with 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 above4805 with resistance around 4835 4860 and 4895 and bearish below 4785 with supports around 4755, 4730 and 4665 for the day ...
Based on present market movement, Nifty futures would be in Bullishzone above 4810and in Bearish zone below 4790 for Tuesday.

Close above 4850 would make Nifty strong and close below 4750 would make it further weak and would pave way for breaching / retesting the lows.

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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