for FEBRUARY 04, 2020
Forenoon Strong
Tithi : Magha Sukla Dasami
Nakshatra : Rohini
Alert : Persons born in
Ashwini, Makha, Moola and in Gemini, Libra are advised to be alert in their dealings.
NIFTY : 11707.90 (+46.05)
Sensitive/Trend change Timings : 11.33; 1.25
Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected Open Better and remain so upto 11.10 AM and again Better between 1.10 PM to 2.55 PM. It would remain Subdued thereafter upto the end of the day.
Astro Technical Trading Strategy for the day...
If Nifty Futures is above ATP by 9.30 AM Long Positions can be taken with suitable Stoploss and such positions can be closed by 1 AM again if it is above ATP by 1.15 PM more Long Positions can be considered and they have to be closed by 2.45 PM. If it trades below ATP after 3 PM Short Positions can be taken and they can be closed by the end of the day.
Technical Levels for the Day...
Resistance : 11750, 11785 Supports : 11665, 11630
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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.
Disclaimer : Intraday trading is risky and Astro guidance is to be depending on intraday movements . applied depending on the real time market movement. used as an additional tool in addition to technicals and adapted Technical portion. 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. Investment decisions made on the above analysis would be at your own risk and I take no responsibility for your decisions based on the above analysis.'
Trade only with stop loss..
Stay Disciplined for Successful Trading and Investing..
- Bhuvanagiri Amarnadh Sastry, Astro Technical Analyst
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