Mid Session Better … !!!

Astro Technical Guide for Thursday, 23.09.2010 ::

Astro Info:: Moon transits in Uttarabhadra constellation ruled by Saturn and persons born in Bharani, Pubba and Poorvashadha constellations and in Aries and Leo Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day : 10.45am; 1.45pm;

Likely Intraday Trend for 23.09. 2010 ::
On the basis of planetary position and aspects amongst planets , Market, expected to open subdued and recover from 10.30am to 12.30pm (particularly from 10.45 to 11.45) and remain steady thereafter and may recover towards close of the day. (after 2.45pm). Voaltile movements are to be expected.
Bank and Tech stocks may go up (particularly) in the opening hour and fall in second half and Power, FMCG may go down.

Astro Technical Trading Strategy for the day :: After 10.30am, If Nifty trades above Average Traded Price by about 10 points , long positions can be taken with low as stop loss and such positions may be closed by 1.00pm .

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 6025, 6045 and 6075 and find support at 5965, 5945 and 5915 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 6010 and in Bearish zone below 5990 for Thursday.

Nifty after opening high , fell sharply to take support at a crucial level of 5950 and recovered in second half of the day. Last Two days’ trading pattern suggests high degree of caution at higher levels and major resistance for Nifty is in the region of 6050 / 6150 . 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