Astro Technical Guide for Thursday, 15th January, 2015

Market  Outlook for 15/01/2015 :: Dr B Amaranatha Sastry,

Nifty                               8278   - 21

 

Astro Info :: Moon transits in  Visakha constellation   in Libra. Sun moves to Capricorn.

Tithi : Dasami ; Weekday::  Thursday; Combination of Thithi and Weekday is generally auspicious.

Senstive time:: 9.45 to 10.30; 2.25pm.,

Market Outlook for Thursday, 15th January, 2015  :: Opening Hour Crucial   ….!!!

Nifty traded in a zigzag manner with bearish bias and closed with a loss of 21 points and closed below 8300 for the Second day. Nifty can be considered to be bullish for short term as long as it holds above 8225 (on close basis). Nifty spot is expected to encounter resistance at 8320, 8355 and find support at 8230, 8200 for Thursday.   While Global cues  and  Funds flow  are expected to broadly guide the market movement, based on the present market position, market  is expected to trade in a zigzag manner with crucial opening session and recovery after the opening session to traded in a zigzag fashion thereafter.

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Trading strategy :: 

Based on planetary position and the aspects among planets, opening session is expected to be sensitive particularly between 9.45 to 10.30 and generally remain better till 12pm and experience zigzag movements thereafter.,

Based on the above guidance, long positions in the morning after 9.30 / 9.45 can be considered if it is trading above the open level  with low as stop loss to be closed by 12pm.,

Breakout / Break Down Levels::

Breakoutlevel  is 8350 and Breakdown level 8215 for Nifty spot for Thursday .,  It is unlikely that both levels would be breached., If Breakout level is breached., It is a Buy on Decline with Low as Stop loss and if Breakdown level is breached, It is a sell on rise with high as stop loss. Alternatively, if Nifty is unable to cross the Breakout level, short positions, can be considered with Breakout as stop loss and unable to breach the breakdown level, long positions can be considered with Breakdown level as stop loss.

Individuals born in Scorpio and Pisces  signs and in Aswini, Makha and Moola  may remain cautious in their transactions.

Disclaimer ::  Above analysis  is based on planetary movements and is intended for guidance / educative purpose and traders are advised to be highly cautious with proper risk management mechanism as Trading is highly risky and not trade only based on the analysis given above.