9.45am to 10.45am Crucial… !!!

Astro Technical Guide for Wednesday, 22.09.2010 ::

Astro Info:: Moon transits in Poorvabhadra constellation ruled by Jupiter and persons born in Aswini, Makha and Moola constellations and in Pisces and Cancer Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day : 9.45am; 1245pm; 13.45pm;

Likely Intraday Trend for 22.09. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to remain generally better in the first half , particularly from 9.45am to 10.45am, and may become weak towards close of the day (After 1.45pm.). Opening rise, if any, may prove to be deceptive as it might be wiped out by end of the day. High degree of caution is advised as market is very close to short term top and reversal is to be expected on 22/9 or 23/9.

Astro Technical Trading Strategy for the day :: After 9.30am, If Nifty trades above Open Price and Average Traded Price , long positions can be taken with low as stop loss and such positions may be closed by 1.00pm . After 1.45pm, if Nifty fut trades below Average Price by about 10 points, short positions can be taken with a Stop loss of 10 points above Average Price and such positions may be closed by end of the day.
Market being in highly overbought situation and also being highly bullish, high degree of caution is suggested for both intraday long and short positions.
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 6040, 6060 and 6090 and find support at 5980, 5960 and 5930 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 6020 and in Bearish zone below 6000 for Wednesday.

Nifty recorded Day high and Low levels in the first half of the day and traded sideways for the rest of the day. Tuesday’s trading pattern suggests high degree of caution at high level and major resistance for Nifty is in the region of 6050 / 6150 . It is advised that all trading long positions may be liquidated around these levels to reenter again at lower levels. Alternatively, Stop loss for Nifty fut can be trailed to 5800 / 5875 / 5950 (depending on one’s risk perception). Astrologically, high degree of caution is suggested at this time as reversal is possible around 22/9 or 23/9 as tropical Sun enters Libra and also Mars transits over sensitive degrees in Libra.


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