Astro Info:: Moon transits in Hastha constellation ruled by Moon and persons born in Punarvasu, Visakha and Poorvabhadra and in Libra and Aquarius zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day :: 11.25am; 1.00pm; 3.00pm;
Likely Intraday Trend for 03.02.2010::
On the basis of planetary position and aspects amongst planets , Market is expected to open subdued and generally remain bearish with occasional spikes. Market expected to be volatile particularly from 1.20pm to 2.20pm;
PSU stocks are expected to be better while Steel, Cement, Oil and Power / Pharma stocks may remain subdued.
Astro Technical Trading Strategy for the day :: Any rise in Nifty futures (upto resistance levels) may be utilized for selling to cover by end of the day.
Open level is important for intraday trading and intraday short positions are to be taken below Day’s open level only and vice versa.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty would be bullish above4832 with resistance around 4860, 4885 and 4920 and bearish below 4807 with supports around 4780, 4755 and 4720 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 4885and in Bearish zone below 4855 for Wednesday.
Nifty fut becomes more weak below 4800 .
IF resistance levels are achieved in the forenoon session, buying may be avoided at higher levels and risky traders can consider short positon for a pull back to Bullish trigger level. IF Support levels are achieved in the forenoon session, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto Bearish trigger level / other support levels.
Note :: Intraday trend given above is relative and based purely on the basis of planetary positions and aspects and needs to be understood and applied depending on the 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 tobe used as an additional tool in addition to technicals and adapteddepending on intraday movements. Creator only knows what is going tohappen and astrologer can only indicate what is likely to happen .Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry
Showing posts with label Astro Technical Guide for Wednesday. Show all posts
Showing posts with label Astro Technical Guide for Wednesday. Show all posts
Wednesday, February 3, 2010
Wednesday, January 20, 2010
Astro Technical Guide for Wednesday , 20.01.2010
Astro Info:: Moon transits in Poorvabahdra constellation ruled by Jupiter and persons born in Aswini, Makha and Moola and in Pisces and Cancer zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day :: 9.50am; 11.35am; 12.10pm; 1.40pm;
Likely Intraday Trend for 20.01.2010::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady/ better and immediately become weak and is expected to recover after 11.30am and again become subdued towards close of the day.
Technology stocks are expected to be better while Power. Pharma stocks may remain subdued.
Astro Technical Trading Strategy for the day :: If Nifty fut trades below open level by 9.30am, short positions can be taken with day high level as stop loss and such positions may be closed by 11.30am. And short positions can again be taken after 2.00pm, if Nifty futures trades below Day’s average traded price with high level as stop loss and such positions may be closed by end of the day.
Open level is important for intraday trading and intraday short positions are to be taken below Day’s open level only and vice versa.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above5235 with resistance around 5267, 5293 and bearish below 5215 with supports around 5183, 5157 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5260and in Bearish zone below 5235 for Wednesday.
Nifty lost its bullish momentum on the basis of yesterday’s trading pattern and would become bearish if it closes below 5200 and would regain momentum only if it closes above 5275. As Nifty has been trading in a very narrow range, it can be expected to make a decisive move in the coming day.
IF resistance levels are achieved in the forenoon session, buying may be avoided at higher levels and risky traders can consider short positon for a pull back to Bullish trigger level. IF Support levels are achieved in the forenoon session, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto Bearish trigger level / other support levels.
Note :: Intraday trend given above is relative and based purely on the basis of planetary positions and aspects and needs to be understood and applied depending on the 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 tobe used as an additional tool in addition to technicals and adapteddepending on intraday movements. Creator only knows what is going tohappen and astrologer can only indicate what is likely to happen .
Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry
Sensitive / Trend change Timings for the day :: 9.50am; 11.35am; 12.10pm; 1.40pm;
Likely Intraday Trend for 20.01.2010::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady/ better and immediately become weak and is expected to recover after 11.30am and again become subdued towards close of the day.
Technology stocks are expected to be better while Power. Pharma stocks may remain subdued.
Astro Technical Trading Strategy for the day :: If Nifty fut trades below open level by 9.30am, short positions can be taken with day high level as stop loss and such positions may be closed by 11.30am. And short positions can again be taken after 2.00pm, if Nifty futures trades below Day’s average traded price with high level as stop loss and such positions may be closed by end of the day.
Open level is important for intraday trading and intraday short positions are to be taken below Day’s open level only and vice versa.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above5235 with resistance around 5267, 5293 and bearish below 5215 with supports around 5183, 5157 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5260and in Bearish zone below 5235 for Wednesday.
Nifty lost its bullish momentum on the basis of yesterday’s trading pattern and would become bearish if it closes below 5200 and would regain momentum only if it closes above 5275. As Nifty has been trading in a very narrow range, it can be expected to make a decisive move in the coming day.
IF resistance levels are achieved in the forenoon session, buying may be avoided at higher levels and risky traders can consider short positon for a pull back to Bullish trigger level. IF Support levels are achieved in the forenoon session, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto Bearish trigger level / other support levels.
Note :: Intraday trend given above is relative and based purely on the basis of planetary positions and aspects and needs to be understood and applied depending on the 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 tobe used as an additional tool in addition to technicals and adapteddepending on intraday movements. Creator only knows what is going tohappen and astrologer can only indicate what is likely to happen .
Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry
Wednesday, January 13, 2010
Astro Technical Guide for Wednesday , 13.01.2010
Astro Info:: Moon transits in Moola constellation ruled by Ketu and persons born in Rohini, Hastha and Sravanam and in Capricorn and Taurus zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day ::10.50am; 11.45am; 12.25pm; 2.10pm;
Likely Intraday Trend for 13.01.2010::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady / subdued and remain subdued / weak from 9.15am to 12.30pm and may remain steady thereafter.
Communication, Bank stocks may remain better while Power, Pharma , Cement / Steel stocks may remain subdued.
Astro Technical Trading Strategy for the day :: If Nifty fut trades below Open level by 10.00am, short positions can be taken with day high as stop loss and such positions may be closed by 12.30pm or be continued with strict trailing stop loss.
Open level is important for intraday trading and intraday short positions are to be taken below Day’s open level only and vice versa.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above5220 with resistance around 5252, 5278 and bearish below 5200 with supports around 5168, 5142 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5250and in Bearish zone below 5230 for Wednesday.
After a string of narrow movement days, market has made way for bearish break out which would be confirmed if Nifty closes below 5200.
IF resistance levels are achieved in the forenoon session, buying may be avoided at higher levels and risky traders can consider short positon for a pull back to Bullish trigger level. IF Support levels are achieved in the forenoon session, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto Bearish trigger level / other support levels.
Note :: Intraday trend given above is relative and based purely on the basis of planetary positions and aspects and needs to be understood and applied depending on the 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 tobeused as an additional tool in addition to technicals and adapteddepending on intraday movements. Creator only knows what is going tohappen and astrologer can only indicate what is likely to happen .
Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry
Sensitive / Trend change Timings for the day ::10.50am; 11.45am; 12.25pm; 2.10pm;
Likely Intraday Trend for 13.01.2010::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady / subdued and remain subdued / weak from 9.15am to 12.30pm and may remain steady thereafter.
Communication, Bank stocks may remain better while Power, Pharma , Cement / Steel stocks may remain subdued.
Astro Technical Trading Strategy for the day :: If Nifty fut trades below Open level by 10.00am, short positions can be taken with day high as stop loss and such positions may be closed by 12.30pm or be continued with strict trailing stop loss.
Open level is important for intraday trading and intraday short positions are to be taken below Day’s open level only and vice versa.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above5220 with resistance around 5252, 5278 and bearish below 5200 with supports around 5168, 5142 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5250and in Bearish zone below 5230 for Wednesday.
After a string of narrow movement days, market has made way for bearish break out which would be confirmed if Nifty closes below 5200.
IF resistance levels are achieved in the forenoon session, buying may be avoided at higher levels and risky traders can consider short positon for a pull back to Bullish trigger level. IF Support levels are achieved in the forenoon session, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto Bearish trigger level / other support levels.
Note :: Intraday trend given above is relative and based purely on the basis of planetary positions and aspects and needs to be understood and applied depending on the 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 tobeused as an additional tool in addition to technicals and adapteddepending on intraday movements. Creator only knows what is going tohappen and astrologer can only indicate what is likely to happen .
Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry
Wednesday, January 6, 2010
Astro Technical Guide for Wednesday , 06.01.2010
Astro Info:: Moon transits in Uttara constellation ruled by Sun and persons born in Aardra, Swathi and Sathabhisham and in Libra and Aquarius zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day ::9.45am; 11.35am; 1.00pm; 2.45pm;
Likely Intraday Trend for 06.01.2010::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady / subdued and recover immediately (after 9.30am) and is expected to become subdued after 1.00pm and become weak towards close of the day. Highest rates are expected to be recorded before noon.
Power and Bank stocks are expected to be subdued while Cement / Steel stocks are expected to be quite volatile.
Astro Technical Trading Strategy for the day :: Forenoon session is expected to be better while afternoon session could remain subdued / weak. Keeping in view the above, bullish strategy is to be adopted in the morning session and risky traders can adopt “Sell Buy” strategy in the afternoon.(after 1.00pm)
Open level is important for intraday trading and intraday long positions are to be taken above Day’s open level only and vice versa.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above5290 with resistance around 5322, 5350 and bearish below 5270 with supports around 5238, 5210 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5285and in Bearish zone below 5265 for Wednesday.
IF resistance levels are achieved in the forenoon session, buying may be avoided at higher levels and risky traders can consider short positon for a pull back to Bullish trigger level. IF Support levels are achieved in the forenoon session, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto Bearish trigger level / other support levels.
Note :: Intraday trend given above is relative and based purely on the basis of planetary positions and aspects and needs to be understood and applied depending on the 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 tobeused as an additional tool in addition to technicals and adapteddepending on intraday movements. Creator only knows what is going tohappen and astrologer can only indicate what is likely to happen .
Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry
Sensitive / Trend change Timings for the day ::9.45am; 11.35am; 1.00pm; 2.45pm;
Likely Intraday Trend for 06.01.2010::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady / subdued and recover immediately (after 9.30am) and is expected to become subdued after 1.00pm and become weak towards close of the day. Highest rates are expected to be recorded before noon.
Power and Bank stocks are expected to be subdued while Cement / Steel stocks are expected to be quite volatile.
Astro Technical Trading Strategy for the day :: Forenoon session is expected to be better while afternoon session could remain subdued / weak. Keeping in view the above, bullish strategy is to be adopted in the morning session and risky traders can adopt “Sell Buy” strategy in the afternoon.(after 1.00pm)
Open level is important for intraday trading and intraday long positions are to be taken above Day’s open level only and vice versa.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above5290 with resistance around 5322, 5350 and bearish below 5270 with supports around 5238, 5210 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5285and in Bearish zone below 5265 for Wednesday.
IF resistance levels are achieved in the forenoon session, buying may be avoided at higher levels and risky traders can consider short positon for a pull back to Bullish trigger level. IF Support levels are achieved in the forenoon session, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto Bearish trigger level / other support levels.
Note :: Intraday trend given above is relative and based purely on the basis of planetary positions and aspects and needs to be understood and applied depending on the 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 tobeused as an additional tool in addition to technicals and adapteddepending on intraday movements. Creator only knows what is going tohappen and astrologer can only indicate what is likely to happen .
Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry
Wednesday, December 30, 2009
Astro Technical Guide for Wednesday , 30.12.2009
Astro Info:: Moon transits in Rohini constellation ruled by Moon upto 11.30am and in Mrigasira constellation ruled by Mars hereafter and persons born in Pushyami, Anuradha and Uttarabahdra and in Gemini and Libra zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day ::10.15am; 11.40am; 2.25pm;
Likely Intraday Trend for 30.12.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady / better and expected to remain highly volatile (mostly inclined towards bearishness) after 11.45am with heavy fall towards close of the day (after 3.00pm). Astrologically, today might turn out to be a bearish day.
Pharma and Power stocks are expected to be better while Tech stocks could remain subdued.
Astro Technical Trading Strategy for the day :: Any time after 12.00pm, if Nifty futures trades below Day’s Average price by atleast 10 points, short positions can be taken with a stop loss of about 20 points above Average price and such positions may be closed by end of the day.
Open level is important for intraday trading and intraday short positions are to be taken below Day’s open level only and vice versa.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above5205 with resistance around 5237, 5263 and bearish below 5185 with supports around 5153, 5127 and 5085 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5210and in Bearish zone below 5200 for Wednesday.
IF resistance levels are achieved in the forenoon session, buying may be avoided at higher levels and risky traders can consider short positon for a pull back to Bullish trigger level. IF Support levels are achieved in the forenoon session, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto Bearish trigger level / other support levels.
Note :: Intraday trend given above is relative and based purely on the basis of planetary positions and aspects and needs to be understood and applied depending on the 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 tobeused as an additional tool in addition to technicals and adapteddepending on intraday movements. Creator only knows what is going tohappen and astrologer can only indicate what is likely to happen .
Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry
Sensitive / Trend change Timings for the day ::10.15am; 11.40am; 2.25pm;
Likely Intraday Trend for 30.12.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady / better and expected to remain highly volatile (mostly inclined towards bearishness) after 11.45am with heavy fall towards close of the day (after 3.00pm). Astrologically, today might turn out to be a bearish day.
Pharma and Power stocks are expected to be better while Tech stocks could remain subdued.
Astro Technical Trading Strategy for the day :: Any time after 12.00pm, if Nifty futures trades below Day’s Average price by atleast 10 points, short positions can be taken with a stop loss of about 20 points above Average price and such positions may be closed by end of the day.
Open level is important for intraday trading and intraday short positions are to be taken below Day’s open level only and vice versa.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above5205 with resistance around 5237, 5263 and bearish below 5185 with supports around 5153, 5127 and 5085 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5210and in Bearish zone below 5200 for Wednesday.
IF resistance levels are achieved in the forenoon session, buying may be avoided at higher levels and risky traders can consider short positon for a pull back to Bullish trigger level. IF Support levels are achieved in the forenoon session, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto Bearish trigger level / other support levels.
Note :: Intraday trend given above is relative and based purely on the basis of planetary positions and aspects and needs to be understood and applied depending on the 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 tobeused as an additional tool in addition to technicals and adapteddepending on intraday movements. Creator only knows what is going tohappen and astrologer can only indicate what is likely to happen .
Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry
Wednesday, December 23, 2009
Astro Technical Guide for Wednesday
Astro Info:: Moon transits in Poorvabhadra constellation ruled by Jupiter and persons born in Aswini, Makha and Moola and in Pisces and Cancer zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day ::10.45am; 11.40am; 1.45pm;
Likely Intraday Trend for 23.12.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady and remain weak from 10.45am to 12.30 and may remain steady / subdued thereafter. Astrologically, It is expected to be a big range day with bearish bias . Tech stocks may fare better.
Astro Technical Trading Strategy for the day :: After 10.45am, if Nifty futures trades below Low level recorded upto 10.30am, short positions can be taken with Day high as stop loss and such positions to be closed by 1.00pm or be held trailing stop loss depending on market .
Open level is important for intraday trading and intraday short positions are to be taken below Day’s open level only and vice versa.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above5000 with resistance around 5030, 5055 and 5090 and bearish below 4975 with supports around 4945, 4920 and 4880 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 4990 and in Bearish zone below 4975 for Wednesday.
IF resistance levels are achieved in the forenoon session, buying may be avoided at higher levels and risky traders can consider short positon for a pull back to Bullish trigger level. IF Support levels are achieved in the forenoon session, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto Bearish trigger level / other support levels.
There is a strong resistane around 5050 and support around 4940 for Nifty futures for the time being.
Note :: Intraday trend given above is relative and based purely on the basis of planetary positions and aspects and needs to be understood and applied depending on the 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 tobeused as an additional tool in addition to technicals and adapteddepending on intraday movements. Creator only knows what is going tohappen and astrologer can only indicate what is likely to happen .
Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry
Sensitive / Trend change Timings for the day ::10.45am; 11.40am; 1.45pm;
Likely Intraday Trend for 23.12.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady and remain weak from 10.45am to 12.30 and may remain steady / subdued thereafter. Astrologically, It is expected to be a big range day with bearish bias . Tech stocks may fare better.
Astro Technical Trading Strategy for the day :: After 10.45am, if Nifty futures trades below Low level recorded upto 10.30am, short positions can be taken with Day high as stop loss and such positions to be closed by 1.00pm or be held trailing stop loss depending on market .
Open level is important for intraday trading and intraday short positions are to be taken below Day’s open level only and vice versa.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above5000 with resistance around 5030, 5055 and 5090 and bearish below 4975 with supports around 4945, 4920 and 4880 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 4990 and in Bearish zone below 4975 for Wednesday.
IF resistance levels are achieved in the forenoon session, buying may be avoided at higher levels and risky traders can consider short positon for a pull back to Bullish trigger level. IF Support levels are achieved in the forenoon session, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto Bearish trigger level / other support levels.
There is a strong resistane around 5050 and support around 4940 for Nifty futures for the time being.
Note :: Intraday trend given above is relative and based purely on the basis of planetary positions and aspects and needs to be understood and applied depending on the 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 tobeused as an additional tool in addition to technicals and adapteddepending on intraday movements. Creator only knows what is going tohappen and astrologer can only indicate what is likely to happen .
Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry
Wednesday, December 16, 2009
Astro Technical Guide for Wednesday, 15.12.2009
Astro Info:: Moon transits in Jyeshta constellation ruled by Mercury and persons born in Krittika, Uttara and Uttarashadha and in Sagittarius and Aries zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day ::11.20am;12.40pm and 2.15pm;
Likely Intraday Trend for 16.12.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open subdued and may recover from 11.20 to 12.40 and again become subdued therafter and become weak after 2.15pm.
PSU stocks may fare better while Entertainment, Media could be subdued . Bank and oil stocks to be watched carefully for significant movements.
Astro Technical Trading Strategy for the day :: After 12.30pm, If Nifty fut trades atleast 10 points below Day’s average traded price, short positions can be taken with a stop loss of around 20 points above Average price and such positions to be closed by end of the day.
Open level is important for intraday trading and intraday short positions are to be taken below Day’s open level only and vice versa.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above5035 with resistance around 5065, 5090 and 5130 and bearish below 5015 with supports around 4985, 4960 , and 4920 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5085 and in Bearish zone below 5060 for Wednesday.
IF resistance levels are achieved in the forenoon session, buying may be avoided at higher levels and risky traders can consider short positon for a pull back to Bullish trigger level. IF Support levels are achieved in the forenoon session, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto Bearish trigger level / other support levels.
Nifty has clearly closed below 5050 and indicated clear bearishness. Based on the present movement, Nifty appears to have topped out for the month and market may retest 4950 / 4800 by the end of this month. Long positions may be strictly avoided.
Intraday trend given above is relative and based purely on the basis of planetary positions and aspects and needs to be understood and applied depending on the 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 tobeused as an additional tool in addition to technicals and adapteddepending on intraday movements. Creator only knows what is going tohappen and astrologer can only indicate what is likely to happen .
Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry
Sensitive / Trend change Timings for the day ::11.20am;12.40pm and 2.15pm;
Likely Intraday Trend for 16.12.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open subdued and may recover from 11.20 to 12.40 and again become subdued therafter and become weak after 2.15pm.
PSU stocks may fare better while Entertainment, Media could be subdued . Bank and oil stocks to be watched carefully for significant movements.
Astro Technical Trading Strategy for the day :: After 12.30pm, If Nifty fut trades atleast 10 points below Day’s average traded price, short positions can be taken with a stop loss of around 20 points above Average price and such positions to be closed by end of the day.
Open level is important for intraday trading and intraday short positions are to be taken below Day’s open level only and vice versa.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above5035 with resistance around 5065, 5090 and 5130 and bearish below 5015 with supports around 4985, 4960 , and 4920 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5085 and in Bearish zone below 5060 for Wednesday.
IF resistance levels are achieved in the forenoon session, buying may be avoided at higher levels and risky traders can consider short positon for a pull back to Bullish trigger level. IF Support levels are achieved in the forenoon session, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto Bearish trigger level / other support levels.
Nifty has clearly closed below 5050 and indicated clear bearishness. Based on the present movement, Nifty appears to have topped out for the month and market may retest 4950 / 4800 by the end of this month. Long positions may be strictly avoided.
Intraday trend given above is relative and based purely on the basis of planetary positions and aspects and needs to be understood and applied depending on the 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 tobeused as an additional tool in addition to technicals and adapteddepending on intraday movements. Creator only knows what is going tohappen and astrologer can only indicate what is likely to happen .
Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry
Wednesday, December 9, 2009
Astro Technical Guide for Wednesday, 9.12.2009
Astro Info:: Moon transits in Pubba constellation ruled by Venus till 12.00pm and in Uttara ruled by Sun thereafter and persons born in Mrigasira, Chitta and Dhanishta constellations in the forenoon and in Aardra, Swathi and Sathabhisham constellations in the afternoon and in Virgo and Capricorn zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day ::12.00pm; 1.25pm 2.25pm;
Likely Intraday Trend for 9.12.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady / subdued and generally remain better thereafter and may become subdued after 2.00pm.
Bank stocks are expected to remain subdued.
Astro Technical Trading Strategy for the day ::After 10.30am, If Nifty futures trades above High level recorded upto 10.30am, long positions can be taken with day low as stop loss and such positions may be closed by 2.00pm.
Open level is important for intraday trading and intraday long positions are to be taken above Day’s open level only and vice versa.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above5160 with resistance around 5192, 5217 and 5258 and bearish below 5140 with supports around 5110, 5083 , and 5050 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5120 and in Bearish zone below 5100 for Wednesday.
Nifty regained its momentum and appears to be heading to post a new high and would lose the momentum only when it closes below 5050. Strong support exists at 5050 and resistance at 5190 and 5225. However, Caution is advised at higher levels. Market is expected to be better till first half of Thursday (peak for this week) and may become subdued thereafter for the week.
Technical portion and astrological portion given above shouldbe considered together and applied for taking proper trading decisions.
Disclaimer :: Intraday trading is risky and Astro guidance is tobeused as an additional tool in addition to technicals and adapteddepending on intraday movements. Creator only knows what is going tohappen and astrologer can only indicate what is likely to happen .
Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry
Sensitive / Trend change Timings for the day ::12.00pm; 1.25pm 2.25pm;
Likely Intraday Trend for 9.12.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady / subdued and generally remain better thereafter and may become subdued after 2.00pm.
Bank stocks are expected to remain subdued.
Astro Technical Trading Strategy for the day ::After 10.30am, If Nifty futures trades above High level recorded upto 10.30am, long positions can be taken with day low as stop loss and such positions may be closed by 2.00pm.
Open level is important for intraday trading and intraday long positions are to be taken above Day’s open level only and vice versa.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above5160 with resistance around 5192, 5217 and 5258 and bearish below 5140 with supports around 5110, 5083 , and 5050 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5120 and in Bearish zone below 5100 for Wednesday.
Nifty regained its momentum and appears to be heading to post a new high and would lose the momentum only when it closes below 5050. Strong support exists at 5050 and resistance at 5190 and 5225. However, Caution is advised at higher levels. Market is expected to be better till first half of Thursday (peak for this week) and may become subdued thereafter for the week.
Technical portion and astrological portion given above shouldbe considered together and applied for taking proper trading decisions.
Disclaimer :: Intraday trading is risky and Astro guidance is tobeused as an additional tool in addition to technicals and adapteddepending on intraday movements. Creator only knows what is going tohappen and astrologer can only indicate what is likely to happen .
Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry
Tuesday, December 1, 2009
Astro Technical Guide for Wednesday, 2.12.2009
Astro Info:: Moon transits in Rohini constellation ruled by Moon and persons born in Punarvasu, Visakha and Poorvabhadra and in Gemini and Libra zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day :: 10.45am; 11.50am; 1.40pm;
Likely Intraday Trend for 2.12.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady and recover from 10.10am and may become subdued in second half of the day. A volatile day with good intraday fluctuations.
PSU stocks are expected to be volatile inclined towards bearishness.
Astro Technical Trading Strategy for the day ::Any time after 1.30pm, If Nifty futures trades below Day’s Average price by atleast 15 points, short positions can be taken with a stop loss of about 20 points above Average price and such short positions may be closed by end of the day.
Open level is important for intraday trading and intraday short positions are to be taken below Day’s open level only and vice versa.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above5140 with resistance around 5170, 5200 and 5240 and bearish below 5120 with supports around 5090, 5060 , and 5020 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5085 and in Bearish zone below 5065 for Wednesday.
Nifty closed firm and if the bullishness continues, it can make a new high . However caution is necessary at high levels.
Technical portion and astrological portion given above shouldbe considered together and applied for taking proper trading decisions.
Disclaimer :: Intraday trading is risky and Astro guidance is tobeused as an additional tool in addition to technicals and adapteddepending on intraday movements. Creator only knows what is going tohappen and astrologer can only indicate what is likely to happen .
Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry
Sensitive / Trend change Timings for the day :: 10.45am; 11.50am; 1.40pm;
Likely Intraday Trend for 2.12.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady and recover from 10.10am and may become subdued in second half of the day. A volatile day with good intraday fluctuations.
PSU stocks are expected to be volatile inclined towards bearishness.
Astro Technical Trading Strategy for the day ::Any time after 1.30pm, If Nifty futures trades below Day’s Average price by atleast 15 points, short positions can be taken with a stop loss of about 20 points above Average price and such short positions may be closed by end of the day.
Open level is important for intraday trading and intraday short positions are to be taken below Day’s open level only and vice versa.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above5140 with resistance around 5170, 5200 and 5240 and bearish below 5120 with supports around 5090, 5060 , and 5020 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5085 and in Bearish zone below 5065 for Wednesday.
Nifty closed firm and if the bullishness continues, it can make a new high . However caution is necessary at high levels.
Technical portion and astrological portion given above shouldbe considered together and applied for taking proper trading decisions.
Disclaimer :: Intraday trading is risky and Astro guidance is tobeused as an additional tool in addition to technicals and adapteddepending on intraday movements. Creator only knows what is going tohappen and astrologer can only indicate what is likely to happen .
Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry
Wednesday, November 25, 2009
Astro Technical Guide for Wednesday, 25.11.09
Astro Info:: Moon transits in Sathabhisham constellation ruled by Rahu and persons born in Aslesha, Jyeshta and Revathi and in Pisces and Cancer zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day :: 10.40am; 12.20pm; 2.00pm;
Likely Intraday Trend for 25.11.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady and expected to be volatile from 12.50pm to 1.30pm . Second half is expected to be generally better than First half of the day.
Astro Technical Trading Strategy for the day ::After 1.30pm, if Nifty is trading above Day’ Average traded price by atleast 10 points, Long positions can be taken with a stop loss of about 20 points below Day’s Average traded price and such positions to be closed by end of the day.
Open level is important for intraday trading and intraday long positions are to be taken above Day’s open level only and vice versa.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above5095 with resistance around 5120, 5145 and 5190 and bearish below 5070 with supports around 5040, 5015 , and 4975 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5090 and in Bearish zone below 5070 for Wednesday.
There is a strong support for Nifty fut around 4950 and market would lose its momentum in case it closes below 4950.
Technical portion and astrological portion given above shouldbe considered together and applied for taking proper trading decisions.
Disclaimer :: Intraday trading is risky and Astro guidance is tobeused as an additional tool in addition to technicals and adapteddepending on intraday movements. Creator only knows what is going tohappen and astrologer can only indicate what is likely to happen .
Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry
Sensitive / Trend change Timings for the day :: 10.40am; 12.20pm; 2.00pm;
Likely Intraday Trend for 25.11.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady and expected to be volatile from 12.50pm to 1.30pm . Second half is expected to be generally better than First half of the day.
Astro Technical Trading Strategy for the day ::After 1.30pm, if Nifty is trading above Day’ Average traded price by atleast 10 points, Long positions can be taken with a stop loss of about 20 points below Day’s Average traded price and such positions to be closed by end of the day.
Open level is important for intraday trading and intraday long positions are to be taken above Day’s open level only and vice versa.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above5095 with resistance around 5120, 5145 and 5190 and bearish below 5070 with supports around 5040, 5015 , and 4975 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5090 and in Bearish zone below 5070 for Wednesday.
There is a strong support for Nifty fut around 4950 and market would lose its momentum in case it closes below 4950.
Technical portion and astrological portion given above shouldbe considered together and applied for taking proper trading decisions.
Disclaimer :: Intraday trading is risky and Astro guidance is tobeused as an additional tool in addition to technicals and adapteddepending on intraday movements. Creator only knows what is going tohappen and astrologer can only indicate what is likely to happen .
Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry
Wednesday, November 18, 2009
Astro Technical Guide for Wednesday, 18.11.09
Astro Info:: Moon transits in Jyeshta constellation ruled by Mercury and persons born in Krittika, Uttara and UTtarashadha and in Sagittarius and Aries zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day :: 11.05am; 11.40am; 1.15pm;
Likely Intraday Trend for 18.11.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady/ better and generally remain so and may recover further after 11.00am and may become subdued towards close of the day. Market is expected to experience high volatility between 11.40am to 1.15pm.
Power and Pharma stocks are expected to be better.
Astro Technical Trading Strategy for the day ::After 11.00am, if Nifty futures is trading above high recorded upto 10.30am, long positions can be taken with Day low as stop loss and may be maintained with trailing stop loss or be closed by end of the day.
Open level is important for trading and intraday long positions are to be taken above Day’s open level only and vice versa.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above5070 with resistance around 5100, 5125 and 5165 and bearish below 5050 with supports around 5020, 4990 , and 4950 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5050 and in Bearish zone below 5030 for Wednesday.
Market closed above initial resistance of 5050 for the Second day and next major resistance is only 5175.. Major support is 5000 / 4950.
Technical portion and astrological portion given above shouldbe considered together and applied for taking proper trading decisions.
Disclaimer :: Intraday trading is risky and Astro guidance is tobeused as an additional tool in addition to technicals and adapteddepending on intraday movements. Creator only knows what is going tohappen and astrologer can only indicate what is likely to happen .
Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry
Sensitive / Trend change Timings for the day :: 11.05am; 11.40am; 1.15pm;
Likely Intraday Trend for 18.11.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady/ better and generally remain so and may recover further after 11.00am and may become subdued towards close of the day. Market is expected to experience high volatility between 11.40am to 1.15pm.
Power and Pharma stocks are expected to be better.
Astro Technical Trading Strategy for the day ::After 11.00am, if Nifty futures is trading above high recorded upto 10.30am, long positions can be taken with Day low as stop loss and may be maintained with trailing stop loss or be closed by end of the day.
Open level is important for trading and intraday long positions are to be taken above Day’s open level only and vice versa.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above5070 with resistance around 5100, 5125 and 5165 and bearish below 5050 with supports around 5020, 4990 , and 4950 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 5050 and in Bearish zone below 5030 for Wednesday.
Market closed above initial resistance of 5050 for the Second day and next major resistance is only 5175.. Major support is 5000 / 4950.
Technical portion and astrological portion given above shouldbe considered together and applied for taking proper trading decisions.
Disclaimer :: Intraday trading is risky and Astro guidance is tobeused as an additional tool in addition to technicals and adapteddepending on intraday movements. Creator only knows what is going tohappen and astrologer can only indicate what is likely to happen .
Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry
Wednesday, November 11, 2009
Astro Technical Guide for Wednesday, 11.11.09
Astro Info:: Moon transits in Pubba constellation ruled by Venus and persons born in Mrigasira, Chitta and Dhanishta and in Virgo and Capricorn zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day :: 10.20am; 11.20am; 1.20pm;
Likely Intraday Trend for 11.11.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady / better and remain steady thereafter and recover after 11.30am and again become subdued after 2.00pm
Astro Technical Trading Strategy for the day ::By 10.45am, if Nifty futures trades above Day’s High Price recorded upto 10.30am, long positions can be taken with Day Low as stop loss and such positions to be closed by 1.30pm. Any time after 2.00pm, if Nifty trades atleast 10 points below Day’s average price, short positions can be taken to be closed by end of the day.
Open level is important for trading and intraday long positions are to be taken above Day’s open level only and vice versa.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above4885 with resistance around 4915, 4940,and 4975 and bearish below 4865 with supports around 4835, 4810 , and 4770 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 4910 and in Bearish zone below 4880 for Wednesday.
Yesterday Market faced strong resistance around 4950 and close above 4950 only would take the market further and close below 4800 would make it slightly nervous.
Technical portion and astrological portion given above shouldbe considered together and applied for taking proper trading decisions.
Disclaimer :: Intraday trading is risky and Astro guidance is tobeused as an additional tool in addition to technicals and adapteddepending on intraday movements. Creator only knows what is going tohappen and astrologer can only indicate what is likely to happen .
Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry
Sensitive / Trend change Timings for the day :: 10.20am; 11.20am; 1.20pm;
Likely Intraday Trend for 11.11.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady / better and remain steady thereafter and recover after 11.30am and again become subdued after 2.00pm
Astro Technical Trading Strategy for the day ::By 10.45am, if Nifty futures trades above Day’s High Price recorded upto 10.30am, long positions can be taken with Day Low as stop loss and such positions to be closed by 1.30pm. Any time after 2.00pm, if Nifty trades atleast 10 points below Day’s average price, short positions can be taken to be closed by end of the day.
Open level is important for trading and intraday long positions are to be taken above Day’s open level only and vice versa.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above4885 with resistance around 4915, 4940,and 4975 and bearish below 4865 with supports around 4835, 4810 , and 4770 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 4910 and in Bearish zone below 4880 for Wednesday.
Yesterday Market faced strong resistance around 4950 and close above 4950 only would take the market further and close below 4800 would make it slightly nervous.
Technical portion and astrological portion given above shouldbe considered together and applied for taking proper trading decisions.
Disclaimer :: Intraday trading is risky and Astro guidance is tobeused as an additional tool in addition to technicals and adapteddepending on intraday movements. Creator only knows what is going tohappen and astrologer can only indicate what is likely to happen .
Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry
Wednesday, November 4, 2009
Astro Technical Guide for Wednesday , 04.11.09::
Astro Info:: Moon transits in Krittika constellation ruled by Sun and persons born in Aardra, Swathi and Sathabhisham and in Pisces and Cancer zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day :: 11.30am; 1.00pm; 2.15pm;
Likely Intraday Trend for 04.11.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open better and generally remain better in the forenoon and may fall in the second half of the day (particularly after 2.00pm;)
Astro Technical Trading Strategy for the day ::Any time after 1.00pm, if Nifty futures trades below Open and Day’s average traded price, short positions can be taken with Day high as stop loss.
Open level is important for trading and intraday long positions are to be taken above Day’s open level only and vice versa.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above4560 with resistance around 4590, 4610 and 4650 and bearish below 4535 with supports around 4515, 4490 , and 4455 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 4655 and in Bearish zone below 4615 for Wednesday.
Technically , market is in highly oversold zone and a technical bounce back can be expected. However, there is a strong support around 4450 - 4500 and strong resistance at 4700 and at 4850.
Technical portion and astrological portion given above shouldbe considered together and applied for taking proper trading decisions.
Disclaimer :: Intraday trading is risky and Astro guidance is tobeused as an additional tool in addition to technicals and adapteddepending on intraday movements. Creator only knows what is going tohappen and astrologer can only indicate what is likely to happen .
Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry
Sensitive / Trend change Timings for the day :: 11.30am; 1.00pm; 2.15pm;
Likely Intraday Trend for 04.11.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open better and generally remain better in the forenoon and may fall in the second half of the day (particularly after 2.00pm;)
Astro Technical Trading Strategy for the day ::Any time after 1.00pm, if Nifty futures trades below Open and Day’s average traded price, short positions can be taken with Day high as stop loss.
Open level is important for trading and intraday long positions are to be taken above Day’s open level only and vice versa.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above4560 with resistance around 4590, 4610 and 4650 and bearish below 4535 with supports around 4515, 4490 , and 4455 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 4655 and in Bearish zone below 4615 for Wednesday.
Technically , market is in highly oversold zone and a technical bounce back can be expected. However, there is a strong support around 4450 - 4500 and strong resistance at 4700 and at 4850.
Technical portion and astrological portion given above shouldbe considered together and applied for taking proper trading decisions.
Disclaimer :: Intraday trading is risky and Astro guidance is tobeused as an additional tool in addition to technicals and adapteddepending on intraday movements. Creator only knows what is going tohappen and astrologer can only indicate what is likely to happen .
Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry
Wednesday, October 28, 2009
Astro Technical Guide for Wednesday , 28.10.09::
Astro Info:: Moon transits in Dhanishta constellation ruled by Mars upto 2.35pm and in Sathabhisham thereafter ruled by Rahu and persons born in Pushyami, Anuradha and Uttarabhadra and in Pisces and Cancer zodiac signs are advised to be alert in theirdealings.
Sensitive / Trend change Timings for the day ::10.20am; 11.15am; 2.35pm;
Likely Intraday Trend for 28.10.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady and generally remain steady / subdued and may recover towards close of the day (last hour).
PSU and Tech Communication stocks could be better while Cemetn, Steel, Entertainment, Media stocks could be subdued / weak.
Astro Technical Trading Strategy for the day ::If Nifty futures breaks low level recorded upto 10.30am by about 10.45am, short positions can be taken with Day high as strict stop loss and close such positions by 2.30pm.
Open level is important for trading and intraday long positions are to be taken above Day’s open level only and vice versa.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above4855 with resistance around 4885, 4910 and 49145 and bearish below 4835 with supports around 4805, 4780 , and 4745 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 4915 and in Bearish zone below 4885 for Wednesday.
Nifty finally broke crucial support of 4900 level and might seek lower levels in the near future. Next strong support is at 4700 / 4750. As market is temporarily in oversold zone, it is better to take short positions on rise.
As F&O expiry is nearing and corporate results season is going on, scrip specific movement is to be expected.
Technical portion and astrological portion given above shouldbe considered together and applied for taking proper trading decisions.
Disclaimer :: Intraday trading is risky and Astro guidance is tobeused as an additional tool in addition to technicals and adapteddepending on intraday movements. Creator only knows what is going tohappen and astrologer can only indicate what is likely to happen .
Trade only with stop loss..
Happy Trading..
Dr B Amaranatha Sastry
Sensitive / Trend change Timings for the day ::10.20am; 11.15am; 2.35pm;
Likely Intraday Trend for 28.10.09::
On the basis of planetary position and aspects amongst planets , Market is expected to open steady and generally remain steady / subdued and may recover towards close of the day (last hour).
PSU and Tech Communication stocks could be better while Cemetn, Steel, Entertainment, Media stocks could be subdued / weak.
Astro Technical Trading Strategy for the day ::If Nifty futures breaks low level recorded upto 10.30am by about 10.45am, short positions can be taken with Day high as strict stop loss and close such positions by 2.30pm.
Open level is important for trading and intraday long positions are to be taken above Day’s open level only and vice versa.
Stop loss is a must for intraday trading.
Technical Levels for the day:: Nifty Futures would be bullish above4855 with resistance around 4885, 4910 and 49145 and bearish below 4835 with supports around 4805, 4780 , and 4745 for the day...
Based on present market movement, Nifty futures would be in Bullishzone above 4915 and in Bearish zone below 4885 for Wednesday.
Nifty finally broke crucial support of 4900 level and might seek lower levels in the near future. Next strong support is at 4700 / 4750. As market is temporarily in oversold zone, it is better to take short positions on rise.
As F&O expiry is nearing and corporate results season is going on, scrip specific movement is to be expected.
Technical portion and astrological portion given above shouldbe considered together and applied for taking proper trading decisions.
Disclaimer :: Intraday trading is risky and Astro guidance is tobeused as an additional tool in addition to technicals and adapteddepending on intraday movements. Creator only knows what is going tohappen 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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