Astro Technical Guide for Thursday, 20.01.2011 ::
Astro Info:: Moon transits in Pushyami ruled by Saturn and persons born in Bharani, Pubba and Poorvashadha and in Leo and Sagittarius Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day : 10.25am; 11.20am; 1.40pm;
Likely Intraday Trend for 20.01.2011 ::
On the basis of planetary position and aspects amongst planets, Market is expected to generally recover / remain better from 10.35am; and may remain volatile with bullish bias after 1.30pm;
Cement and Metal stocks are expected to be generally better.
Astro Technical Trading Strategy for the day ::After 10.30am, 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 1.30pm or be maintained with strict trailing stop loss.
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 5710 with resistance at 5740, 5770 and weak below 5685 with supports at 5665, 5650 and 5620 for the day ... Based on present market movement, Nifty fut . would be in Bullishzone above 5717 and in Bearish zone below 5695 for Thursday. Nifty fut. is expected to trade between 5735/ 5770 on the higher side and 5655 / 5620 on the Lower side.
Market after remain steady in the forenoon session fell sharply after 1 pm and closed below 5700 mark. While strong support exists around 5600, Nifty needs to close above 5750 to avert further fall / bearishness.
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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