Thursday, November 18, 2010

Mid Session Better .....!!!

Astro Technical Guide for Thursday , 18.11.2010 ::
Astro Info:: Moon transits in Revathi ruled by Mercury and personsborn in Krittika, Uttara and Uttarashadha and in Aries and LeoZodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day:: 10.45am; 12.30pm; 2.30pm;
Likely Intraday Trend for 18.11.2010 ::On the basis of planetary position and aspects amongst planets ,Market, expected to generally remain subdued in the opening hour andrecover from 11 to 2.30 and may again become subdued towards close ofthe day.Metal and Pharma stocks may fare better.Astro Technical Trading Strategy for the day :: After 11am, if Niftyfut trades above Open Price and Av erage Price , long positions can betaken with Low as stop loss and such positions ,may be closed by2.30pm.Open level is important for intraday trading and intraday shortpositions are to be taken below Day’s open level only and viceversa.Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty fut. would face resistancearound 6025,6045 and 6075 and find supports around 5965, 5945 and5915 for the day ...Based on present market movement, Nifty would be in Bullishzone above 6065 and in Bearish zone below 6025 for Thursday.Nifty closed below 6000 by losing more than 100 points. Currentweekend close is crucial as close below 6000 would suggest furthercorrection. Strong resistance at 6150 and support at 5950 is seen forNifty.
Note :: Intraday trend given above is relative and based purely on thebasis of planetary positions and aspects and needs to be understoodand applied depending on the market movement. Technical portion andastrological portion given above should be considered together andapplied for taking proper trading decisions.
Disclaimer :: Intraday trading is risky and Astro guidance is to beused as an additional tool in addition to technicals and adapteddepending on intraday movements. Loss / Gain in market depends onIndividual natal chart. Creator only knows what is going to happenand astrologer can only indicate what is likely to happen .
Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry

No comments:

Post a Comment