Astro Technical Guide for Wednesday ,28.04.2010 ::
Astro Info:: Moon transits in Swathi ruled by Rahu and persons born in Aslesha, Jyeshta and Revathi and in Libra and Aquarius Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day:: 9.40am; 1.40pm;
Likely Intraday Trend for 28.04.2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open weak and expected to be better from 11.30am to 1.40pm and may become subdued thereafter. Over all, significant volatility can be expected.
PSU, Communication., Technology , Bank stocks are expected to witness volatile movements.
Astro Technical Trading Strategy for the day :: After 11.00am, if Nifty futures trades above Average trade price, long positions can be taken with a stop loss of about 10 points below Average Price and such positions may be closed by 1.30pm.
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 above5320 with resistance around 5350 and 5375 and weak below 5300with supports around 5270 and 5245 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5320 and in Bearish zone below 5310 for Wednesday.
After opening lower following global cues, market generally remained steady . Nifty fut becomes weak below 5270(on close basis) and becomes further strong above 5350.
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 to be used as an additional tool in addition to technicals and adapted depending on intraday movements. Loss / Gain in market depends on Individual natal chart. Creator only knows what is going to happen 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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