WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

Mon
– Tuesday range Astro Range Reference
till 25th
September …!!!
Outlook for Week :: (31.08.2015 to 04.09.2015)
NIFTY :: 8002 (-298)
Nifty lost more than 3.50’% in view of the Yuan Depreciation , which has affected the entire world market.
Mon – Tues day’s market reference range would bw rhw reference range till 25 th September nad it would be bullish above the high and bearish below the Low of the range.
20DMA, 50DMA, 100DMA and 200 DMA are placed at about 8327,, 8413,, 8352 and 8403 respectively and wouldact as supports / resistances. Nifty is trading below all the averages which is a matter of concern. While Nifty continues to trade above the 200 DMA and 50 DMA too is above 200 DMA (Golden Cross) suggesting that the Bullish trend is in tact.
Medium term would once again turn bullish only if Nifty is able sustain above 8550 for about Two weeks. Nifty would face resistance around 8300, above which it will have real bullishness and has strong support around 7600 too…
Outlook for Week :: (31.08.2015 to 04.09.2015)
NIFTY :: 8002 (-298)
Nifty lost more than 3.50’% in view of the Yuan Depreciation , which has affected the entire world market.
Mon – Tues day’s market reference range would bw rhw reference range till 25 th September nad it would be bullish above the high and bearish below the Low of the range.
20DMA, 50DMA, 100DMA and 200 DMA are placed at about 8327,, 8413,, 8352 and 8403 respectively and wouldact as supports / resistances. Nifty is trading below all the averages which is a matter of concern. While Nifty continues to trade above the 200 DMA and 50 DMA too is above 200 DMA (Golden Cross) suggesting that the Bullish trend is in tact.
Medium term would once again turn bullish only if Nifty is able sustain above 8550 for about Two weeks. Nifty would face resistance around 8300, above which it will have real bullishness and has strong support around 7600 too…