Astro Technical Guide for Wednesday, 09.06.2010 ::
Astro Info:: Moon transits in Aswini ruled by Ketu upto 10.50am and in Bharani ruled by Venus thereafter and persons born in Mrigasira, Chitta and Dhanishta constellations and in Taurus and Virgo Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day :10.50am; 11.35am; 1.05pm;
Likely Intraday Trend for 09.06. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected remain steady / subdued after opening and slowly recover after 11.00am and remain generally better thereafter.
Technology stocks are expected to be better.
Astro Technical Trading Strategy for the day :: If Nifty fut trades above Open price and Average Traded Price after 11.0am, long positions can be taken with day low as stop loss 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 above4975 with resistance around 5005 and 5030 and weak below 4955 with supports around 4925 and 4900 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5010and in Bearish zone below 4980 for Wednesday.
Market witnessed sell off after 1.30pm and breached the psychological level of 5000 and lost about 1% by end of the day. Strong support exists around 4925 / 4900 and strong resistance around 5050 for Nifty futures.
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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