Wednesday, February 9, 2011

Second Half Subdued …!!!

Astro Technical Guide for Wednesday, 09.02.2011 ::

Astro Info:: Moon transits in Aswini ruled by Ketu and persons born in and those born in Rohini, Hastha and Sravana and in Taurus and Capricorn Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day : 10.40am; 11.30am; 2.25pm;

Likely Intraday Trend for 09.02.2011 ::
On the basis of planetary position and aspects amongst planets, Market is generally expected to remain better from 10.40 to 12.30 and remain generally subdued thereafter. However, if market goes up much before 12.30, it may not fall much thereafter and viceversa.
Oil stocks are expected to be better . FMCG / Entertainment stocks are expected to be better in the second half .

Astro Technical Trading Strategy for the day :: After 1.00pm, if Nifty fut trades below Average Traded Price by about 10 points, short positions can be taken with a stop loss of 10 points 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 5330 with resistance at 5350, 5365, 5390 and weak below 5305 with supports at 5290, 5275, 5250 for the day ... Based on present market movement, Nifty would be in Bullishzone above 5375 and in Bearish zone below 5350 for Tuesday. Nifty fut. is expected to trade between 5360/ 5390 on the higher side and 5280 / 5250 on the Lower side.

Nifty broke the major support level of 5350 and closed well below the same signalling further fall. After breaking crucial support level of 5350, next support exists at 5200. However, Nifty continues to remain in bear grip and would come out the same if it closes well above 5450.

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..
Prosperous Trading..
Dr B Amaranatha Sastry

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