Astro Technical Guide for Friday, 11.02.2011 ::
Astro Info:: Moon transits in Bharani ruled by Venus upto 9.50am and in Krittika ruled by Sun thereafter and persons born in Aardra, Swathi and Sathabhisham and in Taurus and Capricorn Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day : 9.50am; 10.30am; 12.00pm; 2.15pm;
Likely Intraday Trend for 11.02.2011 ::
On the basis of planetary position and aspects amongst planets, Market is generally expected to remain subdued in the beginning upto 9.50am and recover significantly thereafter till about 12.45pm (12 to 12.50 being sensitive time inclined towards bullishness and may become subdued / weak thereafter particularly towards close of the day.
PSU, FMCG and Power stocks are expected to be generally subdued
Astro Technical Trading Strategy for the day :: After 9.45am, if Nifty trades above High price recorded upto 9.30am, long positions can be taken with Low level as stop loss and such positions may be closed by about 12.45pm., (Intraday long positions are against the major trend and hence need close attention )
After 1.30pm,. 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 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 5235 with resistance at 5267 and 5295 and weak below 5210 with supports at 5195, 5180, 5155 for the day ... Based on present market movement, Nifty would be in Bullishzone above 5250 and in Bearish zone below 5225 for Friday . Nifty fut. is expected to trade between 5265/ 5300 on the higher side and 5185 / 5160 on the Lower side.
Nifty experienced volatile intraday movements with bearish bias and has taken support around 5200 level, which is a significant support level. 5200 – 5225 is a very important support zone which may not be breached at the first instance. However, Nifty continues to remain in bear grip and would come out the same if it closes well above 5350.
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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