ASTRO TECHNICAL GUIDE FOR NIFTY for 23 March 2016

FORENOON BETTER !           

Astro Info:: Tithi :: Phalguna Sukla    Poornima 

 Nakshatra ::  Uttara 3 &  4 th  Pada    (Moon in Virgo)

Persons   born in  Aardra , Swathi and Sathabhisham  constellations and Libra and Aquaris   Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings : 12.20 pm

Likely Intraday Trend :

On the basis of planetary position and aspects amongst planets, Market is expected to open better and remain so till about 12.45 pm and remain steady / subdued from 2 PM.

Astro Technical Trading Strategy for the day...

After 9.30 AM,  if Nifty futures trades above the Open level / above  the Average Traded Price (ATP),  long  positions can be taken with a Stop Loss of about 20 points  from the entry level and such positions can be closed by about 12.45pm.

Open level is important for intraday trading and generally, intraday short positions are suggested  below   Day’s open level only and vice versa.

Stop loss is a must for intraday trading.

Technical Levels...


Resistance around 7775, 7835 and Support  around  7655, 7600  for the day. 

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