12.10pm to 1.10pm Crucial !!!

Astro Technical Guide for Wednesday, 15.09.2010 ::

Astro Info:: Moon transits in Jyeshta constellation ruled by Mercury upto 2.35pm and in Moola ruled by Ketu thereafter and persons born in Krittika, Uttara, Uttarashadha constellations and in Sagittarius and Aries Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day : 12.10pm; 2.40pm;

Likely Intraday Trend for 15.09. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to remain generally better from 11.00 to 1.15pm and may remain subdued thereafter . Time from 12.10pm to 1.10pm is crucial for the market (bullish bias expectd) However, general down trend for the day may be expected and as the day progresses Bank and Tech stocks may become subdued and Oil stocks may become better.

Astro Technical Trading Strategy for the day :: After 11.00am, If Nifty trades above Average Traded Price, long positions can be taken with a stop loss of about 10 points below Average Price and such positions can be closed by about 1.15pm.

Open level is important for intraday trading and generally, intraday short positions are suggested below Day’s open level only and vice versa.

Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty fut is expected to face resistance at 5840, 5855 and 5885 and find support at 5780, 5765 and 5735 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5810 and in Bearish zone below 5790 for Wednesday.

Nifty went up aggressively in the initial hour and gave up most of the gains later to trade side ways thereafter and continued its upward march for 6th day in succession. However, there were more Declines than Advances indicating lack of buying interest at the high level. Nifty has gone into overbought territory and way above short term moving averages indicating some possible pull back. Existing long positions in Nifty may be trailed with a stop loss of 5600 or may be liquidated to reenter at lower rates (nearer to moving averages). However, unhedged short positions are to be strictly avoided . Further, Advance Tax numbers of corporate sector, which is generally expected to be better, also could influence market movement.


Note :: Intraday trend given above is relative and based purely on the basis of planetary positions / aspects and needs to be understood and applied depending on the realtime 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