Astro Technical Guide for Wednesday, 19.01.2011 ::
Astro Info:: Moon transits in Punarvasu ruled by Jupiter and persons born in Aswini, Makha and Moola and in Cancer and Scorpio Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day : 9.55am; 10.45am; 12.15pm; 1.45pm;
Likely Intraday Trend for 19.01.2011 ::
On the basis of planetary position and aspects amongst planets, Market is generally expected to remain better in the opening session upto 10.45am and may slowly become subdued / remain volatile thereafter. (9.55 to 10.45 is sensitive with bullish bias)
Communication stocks are expected to be volatile.
Astro Technical Trading Strategy for the day ::After 9.30amam, if Nifty fut trades above Open Price and Average Traded Price, long positions can be taken with Low level as stop loss and such positions may be closed by 10.45am.
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 5742 with resistance at 5758, 5775 and 5805 and weak below 5718 with supports at 5701, 5684 and 5655 for the day ... Based on present market movement, Nifty fut . would be in Bullishzone above 5720 and in Bearish zone below 5700 for Wednesday. Nifty fut. is expected to trade between 5768/ 5805 on the higher side and 5692 / 5655 on the Lower side.
Market opened and remained generally better throughout the day and closed near the high level for the day . Nifty appears to have found support close to 5600 and if it closes above 5800, it can go up further also.
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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