2pm to 3pm Crucial !!!

Astro Technical Guide for Friday, 17.09.2010 ::

Astro Info:: Moon transits in Poorvashadha constellation ruled by Venus and persons born in Mrigasira, Chitta and Dhanishta constellations and in Capricorn and Taurus Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day : 9.30am; 11.50am; 2.00pm;

Likely Intraday Trend for 17.09. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to remain subdued from 10.00am to 1.00pm and may recover thereafter. Time from 2 to 3 pm is crucial (bullish bias indicated).
Today’s high and low levels are important for the next One month and Bullishness to be expected above the high level and vice versa.

Astro Technical Trading Strategy for the day :: After 10.00am, If Nifty trades below Average Traded Price by about 10 points , short positions can be taken with a stop loss of about 20 points above Average Price and such positions can be closed by about 1.00pm . After 1.30pm, if market appears to be becoming Bullish, long positions can be taken with a stop loss of about 10 points below Average Price .

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 5875, 5890 and 5920 and find support at 5815, 5800 and 5785 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5880 and in Bearish zone below 5860 for Friday.

Nifty experienced highly volatile movements with huge rise from 12 to 1 and again fall from 1.30 to 3pm. And closed in the negative after 7 days of continuous rise. Based on Thursday’s market movement, if Nifty closes below 5800 on Friday, fall upto 5700 can be expected where from it may again bounce back, . Strong support also exists at 5775 / 5700, technically
Trailing stop loss for Nifty’s long positions can be maintained at 5635 / 5775.


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