WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

for Next Week 16.08.2016 to 19.08.2016

 
Volatile Movements      

NIFTY :: 8672 (- 11)

Nifty traded in  a   range of  8540 to 8728 and closed at 8672 with a small loss  of about 0.12%. As mentioned last week, GST Bill was cleared in the Rajya Sabha successfully and market movement could be attributed to the passage of the Bill itself.

Market will move   in between Aquarius and  Pisces during 18 th  August and 22nd August  and establish a range i.e., Between Current week Thursday and next week Monday. If it crosses the High of this range , it would become Bullish and if it breaches the Low of this range subsequently , it would remain Bearish.

- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 8603, 8403, 8101 and 7869 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.

- FII Inflow is to be watched carefully and if the inflows are either tepid or become negative, it is to be viewed as negative. Market could go up further in Medium Term and also in Long term due to passage of GST Bill but could only correct in short term.  

Technical Levels...

Bullish above 8750 with resistance at  8825, 8900,9000

Bearish below 8600 with Supports at 8525, 8450, 8375


Breakout level : 8800 Breakdown level : 8550

Planetary Position...


- Moon would be transiting  from Uttarashadha 2 nd  Pada in Capricorn    to Sathabhisham 3 rd    Pada in Aquarius.

- Sun transits from  Aslesha 4 th  Pada in Cancer  to Makha 1 st     Pada in Leo.

- Mercury  transits from  Uttara 1 st   Pada in Leo   to  Uttara  1 st    Pada in Leo ,

- Venus transits from Pubba 2 nd    Pada in Leo   to Pubba 3 rd    Pada in Leo .

- Mars transits in  Anuradha 3 rd   Pada to Anuradha 3 rd   Pada in Scorpio .

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

- Jupiter   transits in  Uttara 2 nd    Pada  in  Virgo  to Uttara 2 nd Pada in Virgo and in  Capricorn Navamsa.

- Rahu and Ketu transit in Leo and Aquarius and in Virgo  and Pisces  Navamsas,


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Generally Better (for 16, August 2016)

Astro Info:: Tithi ::Sravana Sukla Trayodasi    :: Day :Tues  day :: Nakshatra :: Uttarashadha

Persons   born in  Aardra, Swathi, Sathabhisham     constellations and Aquarius and Gemini    are advised to be alert in their dealings.

Sensitive / Trend change Timings : 12.40AM;

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open steady    and recover from 9.40AM and remain so   till about 2.00 PM and remain  steady / subdued thereafter.

Astro Technical Trading Strategy...
After 9.45AM, if Nifty fut trades above   the  Average Traded Price(ATP), Long    positions can  be taken with Low  Level  as    Stop Loss and such positions can be closed by about 2 PM.

Technical Levels...
Resistance : 8710, 8740, Support : 8645, 8615
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- IF resistance levels are achieved in the forenoon session, buying may be avoided at higher levels and risky traders can consider short positon for a pull back to Bullish trigger level. IF Support levels are achieved in the forenoon session, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto  Bearish trigger level / other support levels.

- Intraday trend given above is relative and based purely on the basis of planetary positions / aspects and needs to be understood and and astrological portion given above should be considered together and applied for taking proper trading decisions.
Disclaimer...
Intraday trading is risky and Astro guidance is to be depending on intraday movements . applied depending on the real time market movement.  used as an additional tool in addition to technicals and adapted  Technical portion. Loss / Gain in market depends on Individual natal chart.  Creator only knows what is going to happen and astrologer can only indicate what is likely to happen.
Investment decisions made on the above analysis would be at your own risk and I take no responsibility for your decisions based on the above analysis.'

Trade only with stop loss..

Stay Disciplined for Successful Trading and Investing..
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