WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

for Week 11.07.2016 to 15.07.2016

Volatile Movements  

NIFTY :: 8323 ( - 5)

Nifty traded in  a narrow  range (8398 and 8287) and closed with an insignificant loss   of just  5 points.  

Market moved last week between 8398 and 8287 and closed at 8328 with a small loss of just 5 points. Brexit Vote is negated and the market has become quite strong. FII Inflow is to be watched carefully and if the inflows are either tepid or become negative, it is to be viewed as negative.

- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 8217, 8059, 7780 and 7801 respectively and would act as  Supports  as Nifty is trading  above all    the   Moving Averages.  

- Nifty continues to trade above    the  200 DMA and  50 DMA too has come above   200 DMA (Golden   Cross) suggesting that the Long term outlook has become Bullish.

Technical Levels ::

For the coming week, Nifty spot is expected to be Bullish above 8400 with

resistance at  8475, 8550,8625  and is expected to Bearish below 8250 with Supports at 8175, 8100,8025.

Breakout level for the week is 8475 and the Breakdown level for the week is 8150 . . . 

Advice for Traders ::

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

Planetary Position...

- Moon would be transiting  from Hastha 2 nd     Pada in Virgo   to Anuradha 1 st    Pada in Scorpio.        

- Sun transits from  Punarvasu 2 nd   Pada in Gemini  to Punarvasu 3 rd     Pada in Gemini.

- Mercury  transits from  Punarvasu  3 rd  Pada in Gemini   to Pushyami  2 nd   Pada in Cancer.

- Venus transits from Pushyami 1^st    Pada in Cancer  to Pushyami 2 nd   Pada in Cancer .

- Mars, in Direct motion, transits in   Visakha 3 rd  Pada in Libra to Visakha 4 th Pada in Scorpio.

- Saturn, in Retrograde motion ,   transits in  Anuradha 4 th   Pada in Scropio sign and in Scorpio   Navamsa .

- Jupiter   transits in  Pubba 4 th   Pada  in  Leo and in  Scorpio  Navamsa .

- Rahu and Ketu transit in Leo and Aquarius and in Libra and Aries Navamsas.

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for Monday

Volatile Movements with Bullish Bias

Astro Info:: Tithi ::Aashadha Sukla Sapthami

Nakshatra ::  Hastha   (Moon in Virgo )
Persons   born in   Punarvasu , Visakha and Poorvabhadra   constellations and Libra and Aquarius     Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings ::9.40pm; 1.20pm

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open generally better and get subdued  immediately and remain so till about 11AM and recover thereafter till about 1 PM and again become subdued till about 3 PM.

Astro Technical Trading Strategy...

After 9.30am, if Nifty trades  below  Open Level / Average Traded Price, Short Positions  can be taken with High  Level as Stop Loss and such positions can be closed by about 10.30 /10.45AM. After 11 aM,if Nifty futures tradea above the ATP, Long Positions can be taken with Suitable Stop Loss and such positions can be closed by about ! PM.

If after 1.30 pm , IF Nifty fut trades below    the ATP(Average Traded Price) , Short    positions  can be taken with suitable  stop loss  and such positions can be closed by about 3.00 pm / 3.30pm.

Technical Levels....

Resistance at 8400 and 8435 and find Support at 8300 , 8270