Sunday, September 20, 2015

Scrip specific  Movement

WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

for Week :: (21.09.2015 to 25.09.2015)


NIFTY :: 7982    (+213)

Nifty gained about 2.50 % after FED unchanged the rates.

20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 7845, 8234, 8252 and 8394  respectively and would act as supports / resistances. Nifty is trading  below  most of   the  averages  which is a matter of  concern.

While Nifty continues to trade below   the  200 DMA and 50 DMA too is  below   200 DMA (Death  Cross) suggesting that the Bearish  trend is   in    tact.

Technical Levels ::

Bullish above 8075 with resistance at 8150, 8225, 8300
Bearish below 7900 with Supports at 7825, 7750, 7675.

Breakout level for the week is 8100 and the Breakdown level      for the week is 7700..... 

Advice for Traders :

Medium term would once again turn bullish only if Nifty is able sustain above 8550 for about Two weeks. Nifty would face  resistance around 8250, above which it will have real bullishness and has strong support around 7200 too.

Weekly Open level is very important for the entire week. Long  positions may be considered  as long as it maintains above the Last week’s High.

Planetary Position

Moon would be transiting  from  Moola  1st  Pada  in Sagittarius to Dhanishta  2nd Pada in Capricorn.

Sun transits in  Uttara 3rd Pada in Leo  to Uttara 4 th Pada in Virgo.

Mercury   transits  in Hastha 4th Pada to  . Hastha 3 rd Pada.  Mercury turns Retrograde from 17th September till 9th October 2015. There would be possibility of miscommunication as Mercury rules communication.

Venus transits in Direct motion  in  Aslesha in 3rd   Pada to Aslesha 3rd   Pada in Cancer. .

Mars transits in  Makha 2nd  Pada in Virgo  to Makha 2 nd    Pada.  In Leo .  .

Saturn moves into Direct motion and transits in   Anuradha constellation in Scropio sign in 1st Pada  and in Leo Navamsa .

Jupiter ,, transits in  Leo in  Pubba 1st Pada in Leo.Navamsa.

Rahu and Ketu continue their transit in Virgo and Pisces respectively.

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