Astro Technical Guide for Tuesday ,27.04.2010 ::
Astro Info:: Moon transits in Chitta ruled by Mars persons born in Pushyami, Anuradha and Uttarabhadra and in Libra and Aquarius Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day:: 9.50am; 12.15pm; 1.45pm;
Likely Intraday Trend for 27.04.2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open steady and after initial steadiness, is generally expected to remain subdued to become weak after 1.00pm .
Bank stocks are expected to generally remain subdued in second half of the day.
Astro Technical Trading Strategy for the day :: After 1.00pm, if Nifty futures trades below Average trade price, short positions can be taken with a stop loss of about 10 points above Average Price and such positions may be closed by end of the day. (High Risk traders can consider short after 10.00am, if Nifty trades below open price with day high as stop loss).
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 above5330 with resistance around 5365 and 5390 and weak below 5310with supports around 5275 and 5250 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5333 and in Bearish zone below 5320 for Tuesday.
Market traded in a very narrow range and could not hold on to the opening gains. Nifty becomes more strong when it closes above 5350 and becomes weak if it closes below 5250.
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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