ASTRO TECHNICAL GUIDE FOR NIFTY

CLOSING SUBDUED

for Monday, 21.03.2016 ::

Astro Info:: Tithi :: Phalguna Sukla   Trayodasi & Chaturdasi

Nakshatra ::  Makha 4 th  Pada    (Moon in Leo)

Persons   born in  Rohini, Hastha and Sravana   constellations and Virgo and Capricorn  Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings  : 1.10pm and 1.45 pm

Likely Intraday Trend

On the basis of planetary position and aspects amongst planets,Market is expected to open generally better and remain subdued in Second half particularly during the closing hour .

Astro Technical Trading Strategy

After 2 pm,  if Nifty futures trades below the Average Traded Price (ATP),  short positions can be taken with a Stop Loss of about 20 points  and such positions can be closed by end of the day.

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 7665, 7725 and Support  around  7545, 7485  for the day.