Astro Technical Guide for Tuesday, 18.01.2011 ::
Astro Info:: Moon transits in Aardra ruled by Rahu and persons born in Aslesha, Jyeshta and Revathi and in Cancer and Scorpio Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day : 10.00am; 1.40pm;
Likely Intraday Trend for 18.01.2011 ::
On the basis of planetary position and aspects amongst planets, Market is generally expected to remain better in the opening session / First half and become subdued thereafter particularly after 1.45pm.
Communication stocks are expected to be volatile.
Astro Technical Trading Strategy for the day ::After 1.30pm, if Nifty fut trades below Average Traded Price, short positions can be taken with suitable stop loss above Average Traded 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 be bullish above 5670 with resistance at 5700, 5730 and weak below 5645 with supports at 5625, 5590 for the day ... Based on present market movement, Nifty fut . would be in Bullishzone above 5677 and in Bearish zone below 5657 for Tuesday. Nifty is expected to trade between 5695/ 5735 on the higher side and 5615 / 5585 on the Lower side.
Market was quiet on Monday and closed flat for the day with out any violent intraday fluctuations. Nifty is close to key support levels and is expected to get strong support around 5600 levels and would become strong on a close above 5800.
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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