Astro Technical Guide for Tuesday, 22.02.2011 ::
Astro Info:: Tithi :: Magha Bahula Panchami ; Day :: Tuesday ; Nakshatra :: Chitta (Moon in Libra Sign)
Persons born in Pushyami, Anuradaha and Uttarabhadra and in Scorpio and Pisces Zodiac signs are advised to be alert in their dealings. Day and Nakshatra combination is favourable for Market while Day and Tithi combination is unfavourable for the dealings. Hence. Mixed trend may be expected.
Sensitive / Trend change Timings for the day : 10.35am; 11.30am; 1.00am;
Likely Intraday Trend for 22.02.2011 ::
On the basis of planetary position and aspects amongst planets, Market is generally expected to remain better in the morning but is expected to become subdued / weak from 11.30 to 1.00pm with sensitive time from 1 to 2 pm.,(bullish bias) and remain volatile thereafter.
PSU, Communication, Power, Pharma, stocks are generally expected to be better.
Astro Technical Trading Strategy for the day :: After 9.30am, if Nifty trades above High recorded upto 9.30am; long positions can be taken with Low level as stop loss and such positions may be closed by about 11.00am . After 11.30am If Nifty fut trades below Average Traded Price, short positions can be taken with a stop loss of about 15 points above Average Traded Price and such positions may be closed by about 1 pm .
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 5540 with resistance at 5570, 5595 and weak below 5515 with supports at 5480, 5450 for the day ... Based on present market movement, Nifty would be in Bullishzone above 5490 and in Bearish zone below 5465 for Tuesday . Nifty fut. is expected to trade between 5580/ 5600 on the higher side and 5470 / 5450 on the Lower side.
After subdued movement till about 1.30pm on Monday, Market recovered quite sharply to close well above 5500 mark. Strong resistance is seen at the current level (between 5550 and 5650) Nifty is expected to top out temporarily only when it closes below 5415.
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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