Astro Technical Guide for Thursday, 07.10.2010 ::
Astro Info:: Moon transits in Hastha constellation ruled by Moon and persons born in Punarvasu, Visakha and Poorvabhadra constellations and in Libra and Aquarius Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day : 9.30am; 11.40am; 1.50pm; 2.55pm;
Likely Intraday Trend for 07.10.2010 ::
On the basis of planetary position and aspects amongst planets , Market expected to generally remain better from 9.30am to 11.30am and again become subdued thereafter and to remain volatile after 1.45pm with sensitive time between 2.15pm and 3.15pm.
Tech, Communication, Cement and Steel stocks are expected to be volatile. Oil stocks may remain subdued.
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 price as stop loss and such positions may be closed by 11.30am. After 12.00pm, 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 closely monitored after 1.45pm depending on market movements and with trailing stop loss.
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 62545, 6260 and 6295 and find support at 6180, 6160 and 6130 for the day ...
Based on present market movement, Nifty would be in Bullishzone above 6220 and in Bearish zone below 6205 for Thurs day.
Nifty, after opening with upside gap, remained in a narrow range and giving up most of the gains in the forenoon session, recovered in second half of the day. Immediate Supports for Nifty fut is 6150 and 6050 and Strong resistance at 6250 and 6350.
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
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment