Astro Technical Guide for Tuesday, 30.11.2010 ::
Astro Info:: Moon transits in Uttara constellation ruled by Sun and persons born in Aardra, Swathi and Sathabhisham and in Libra and Aquarius Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day : 10.00am; 11.45am; 1.40pm;
Likely Intraday Trend for 30.11.2010 ::
On the basis of planetary position and aspects amongst planets, Market is expected to remain generally better in the forenoon session (after opening )with sensitive time being 10 to 11 and is expected to remain subdued / weak in second half of the day , particularly last hour. Highest rates are expected to be recorded in the forenoon.
Communication, Tech stocks are expected to be volatile inclined towards bearishness.
Astro Technical Trading Strategy for the day :: After 1.30pm, if Nifty futures trades below Average Price by atleast 10 poins, short positions can be taken with stop loss of about 10 points above Average Price and such positions may be closed by end of the day.
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 be bullish above 5864 with resistance at 5880, 5900, 5930 and weak below 5835 with supports at 5815, 5800 and 5770 for the day ...
Based on present market movement, Nifty . would be in Bullishzone above 5835 and in Bearish zone below 5815 for Tuesday.
Market remained in the positive zone through out the day and had a reasonable pullback in response to the last week’s fall. Pullback can be expected to continue Tuesday forenoon also . Another positive day can take Nifty till about 5950. There is strong support in the region of 5725 and 5750 below which only steeper correcton can be expected. However, there is strong resistance around 5950 / 6000 above which only semblance of bullishness would return to the market.
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