Astro Technical Guide for Friday, 11.06.2010 ::
Astro Info:: Moon transits in Krittika ruled by Sun upto 10.45am and in Rohini ruled by Moon thereafter and persons born in Punarvasu, Visakha and Poorvabhadra constellations and in Gemini and Libra Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day :10.45am; 12.55pm; 2.35pm;
Likely Intraday Trend for 11.06. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open better and remain so till 10.45am and may become subdued / weak thereafter till 1.00pm and expected to display volatile movements thereafter.
Astro Technical Trading Strategy for the day :: If Nifty fut trades below Average Traded Price after 11.00am, short positions can be taken with Day high as stop loss and such positions may be closed by 12.45pm or be continued with strict trailing stop loss depending on market movement.
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 above5100 with resistance around 5130 and 5155 and weak below 5080 with supports around 5055 and 5030 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5060and in Bearish zone below 5040 for Friday.
Market recovered smartly after 2.00pm and closed way above 5050 mark signifying short term uptrend. Sudden surprises and volatility is expected to be the order of the day. Strong support exists around 5000 and strong resistance around 5150 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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