Thursday, September 9, 2010

First Half Better !!!

Astro Technical Guide for Thursday, 09.09.2010 ::

Astro Info:: Moon transits in Uttara constellation ruled by Sun and persons born in Aardra, Swathi and Sathabhisham constellations and in Libra and Aquarius Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day : 10.20am; 1.35pm;

Likely Intraday Trend for 09.09. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open generally better and remain so in the first half of the day and may become subdued towards close of the day. Highest rates are expected to bre recorded before 1.30pm. Last hour trade may see some sell off. (Since the market is generally better, it may not be severe). Power, Pharma and FMCG, Entertainment stocks are generally expected to be better while Bank stocks could be volatile.

Astro Technical Trading Strategy for the day :: IF market opens steady, long positions can be considered after 9.30am above Open Price with Low price as stop loss and such positions may be closed by 1.30pm.

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 5620, 5638 and and find support at 5580, 5560 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 5605 and in Bearish zone below 5588 for Thursday.

Nifty generally traded better after opening lower and after making a new high fell sharply between 1.00pm and 1.45pm and recovered thereafter. Strong support exists in the region of 5540 and becomes weak only below 5450. However, very short term position traders may apply 5520 as stop loss.


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

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