Tuesday, November 9, 2010

9.30 to 10.30 Crucial … !!!

Astro Technical Guide for Tuesday, 09.11.2010 ::

Astro Info:: Moon transits in Moola constellation ruled by Ketu and persons born in Rohini, Hastha and Sravanam and in Capricorn and Taurus Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day : 9.35am; 10.15am; 2.15pm;

Likely Intraday Trend for 09.11.2010 ::
On the basis of planetary position and aspects amongst planets , Market is expected to be sensitive during 9.30 to 10.30 and again from 1.50 to 2.40pm with normal volatility during the rest of the time.
Tech stocks are expected to be subdued while Oil stocks may remain better.

Astro Technical Trading Strategy for the day :: After 2.00pm, if Nifty futures trades above Average Price by about 10 points , long positions can be taken with a stop loss of 10 points below 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 face resistance at 6330, 6350, 6385 and find support at 6270, 6250 and 6215 for the day ...
Based on present market movement, Nifty fut. would be in Bullishzone above 6320 and in Bearish zone below 6300 for Tuesday.

Market remained lackluster through out the day and closed with a loss of about 30 points. Nifty could not break all time high inspite of better opening. However, there would be usual resistance at All time high and again around 6400 and supports at 6200. Nifty, in case would become weak only on a close below 6150 / 6125.

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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