Astro Technical Guide for Thursday, 13.01.2011 ::
Astro Info:: Moon transits in Aswini ruled by Ketu and persons born in Rohini, Hastha and Sravana and in Taurus and Virgo Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day : 10.30am; 12.25pm; 2.10pm;
Likely Intraday Trend for 13.01.2011 ::
On the basis of planetary position and aspects amongst planets, Market is generally expected to remain steady in the opening session and to go up from 12.15 to 2.00pm and may become seady / subdued thereafter. (Sensitive Time during the day 12.25 to 1.10pm)
Tech stocks are expected to be better
Astro Technical Trading Strategy for the day ::After 12.00pm, if Nifty fut trades above Average Traded Price, long positions can be taken with suitable stop loss below Average Traded Price and such positions may be closed by 2.15pm.,
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 5875 with resistance at 5905and 5930 and weak below 5850 with supports at 5830, 5813, 5783 for the day ... Based on present market movement, Nifty fut . would be in Bullishzone above 5815 and in Bearish zone below 5785 for Thursday. Nifty is expected to trade between 5900/ 5925 on higher side and 5820 / 5790 on Lower side.
Nifty fell in the first half due to poor IIP numbers but recovered forcefully to close above 5860. Strong Resistance for Nifty exists at 5950 and strong support at 5700 . Market appears to have bottomed out for the short term , but Results season which would commence from Wednesday would decide the future course of 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