Astro Technical Guide for Tuesday , 09.03.2010::
Astro Info:: Moon transits in Moola upto 1.20pm ruled by Ketu and in Poorvashadha ruled by Venus thereafter 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 ::9.35am; 11.40am; 1.20pm; 3.00pm;
Likely Intraday Trend for 09.03.2010::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady / better and may become subdued after 10.45am and may have wild swings towards close of the day..
Astro Technical Trading Strategy for the day :: After 1.00pm, if Nifty fut. Trades below Average Traded Price by atleast 10 points, short positions can be taken with a stop loss of about 15points above Average price and such positions may be closed 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 fut would be bullish above5130 with resistance around 5160, 5190 and bearish below 5110 with supports around 5080, 5050 and 5015 for the day ...
Based on present market movement, Nifty futures would be in Bullishzone above 5130and in Bearish zone below 5120 for Tuesday .
Nifty fut would become bearish only below 5075 and is expected to face strong resistance around 5150/ 5175 from short term perspective.
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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