Astro Technical Guide for Tuesday ,20.04.2010 ::
Astro Info:: Moon transits in Aardra ruled by Rahu and persons born in Aslesha, Jyeshta and Revathi and in Cancer and Scorpio Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day:: 9.25am; 12.25pm; 2.00pm;
Likely Intraday Trend for 20.04.2010::
On the basis of planetary position and aspects amongst planets , Market is expected to open subdued and general remain steady thereafter and may recover from 11.30am to 1.30pm and again may become subdued after 2.00pm;Communication stocks are likely to be better while Tech stocks may exhibit volatile movements.
Astro Technical Trading Strategy for the day :: In view of the expected volatile movements and RBI’s credit policy to be announced , Intraday strategy may have to be devised depending on real time movements keeping Open Price , Average Traded Price as reference points. However, Credit policy may not act as a dampener for the market. After 10.00am, if Nifty fut. trades above Open Price, long positions may be taken with Day low or 5160 as stop loss and may be closed by 1.30pm; or 2.00pm;
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 fut. would be bullish above5215 with resistance around 5245 and 5270 and weak below 5195with supports around 5160 and 5135 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5205 and in Bearish zone below 5190 for Tuesday. Nifty has been falling for the last 5 days and a small technical bounce back is possible if RBIs credit policy does not act as a dampener. However, Nifty is weak as long as it does not close above 5300. Hence, any reasonable rise may be taken as an opportunity to liquidate long positions / create short positions by position traders.
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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