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Outlook for Week 6.01.2017 to 20.01.2017

Caution at Higher Levels

NIFTY :: 8400 ( +156)

Nifty traded in a  wide   range of 8227  to 8461  during last week and closed at the upper end  for the week at 8400   with a Gain of 156 Points,  a gain  of  about 2 %. Market was in general Positive zone and gained 93 points on Wednesday.

- The short term trend has turned Up. It is reasonably  Bearish  for Medium and Long term, short term could be quite volatile. Unless Nifty comes and closes below 8250, The Budget Proposals  could provide the required guidance for market.

- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 8164, 8179, 8442 and 8292 respectively and would act as  Supports  and Resistances as Nifty is trading only below 100 DMA.

- Nifty continues to trade above    the  200 DMA and also  the 50 DMA but  50 DMA has  come below   200 DMA (Death  Cross has come towards last month  end) suggesting that the Long term outlook has become   Bearish but Nifty continues to trade above both the Averages.

Technical Levels...

Breakout level : 8550 Breakdown level : 8300

Bullish above 8470 with Resistance at  8540, 8610, 8680

Bearish below 8330 with Supports at 8260, 8190,8120

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 Pubba 2 nd  Pada in Leo to Swathi 2 nd Pada in Libra.
- Sun transits from  Uttarashadha 2 nd  Pada  to Uttarashadha 3 rd   Pada in Capricorn.

- Mercury  transits from Moola 3 rd  Pada to Moola 4 th  Pada  in Sagittarius .

- Venus transits from  Sathabhisham 4 th  Pada in Aquarius  to Poorvabhadra 2 nd  Pada in Aquarius.

- Mars transits in   Poorvabhadra 3 rd  Pada in Aquarius to Poorvabhadra 4 th   Pada in Aquarius .

- Saturn   transits in  Jyeshta 4 th   Pada in Scropio sign and in Pisces Navamsa .

- Jupiter   transits in     Chitta 2 nd  Pada in Virgo and in Virgo   Navamsa.

- Rahu and Ketu transit in Leo and Aquarius and in Cancer and Capricorn Navamsas

Moon transited  between Aquarius and Pisces during last week and the range of last week i.e., 8134 and 8307, would be crucial for the next Three weeks and since  the High is Crossed, it has  become further  Bullish and has almost achieved the First Target too.

for Monday

Forenoon Bullish  ….. !!!

Tithi ::Pushya Bahula Chaturdhi

Nakshatra ::Pubba

Persons   born in  Mrigasira, Chitta and Dhanishta  constellations  and those born in Virgo and Capricorn are advised to be alert in their dealings.

Sensitive / Trend change Timings...

9.30 AM;12.30PM; 3.00PM

Likely Intraday Trend...On the basis of planetary position and aspects amongst planets, Market is expected to open Better and remain so till about 2.00 PM   and remain subdued from 2.15 5ill close of the day.

Astro Technical Trading Strategy...

If Nifty Fut. Trades above   ATP by  9.30 AM . Long      Positions can be taken with Low as  SL, and such positions can be closed by about 2 PM.  If Nifty Fut trades beow the  ATP by about 2.15 PM, Short   Positions can be taken with Suitable SL and such positions can be closed by about 3.15 / 3/30 PM.

(Short term trend is Bullish and Long positions may be held with  Stop Loss at 8300 )
Technical Levels...
Resistance : 8440, 8475 Support : 8360, 8325

- 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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