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WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

for the Week 06.03.2017 to 10.03.2017

Crucial Week   

NIFTY :: 8898 (- 42)

Nifty traded in a narrow range of 8860 to 8993 during last week and closed at the Lowerend for the week at 8898 with a Loss of 42 Points (a Loss of about 0.5%), despite gaining about 66 points on Wednesday.
Current week is crucial as UP Election exit poll results would be out during the week and result would be out next week. Market may not give up Bullish mode till Election results are declared.

- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 8837, 8531, 8431 and 8441 respectively and would act as Supports and Resistances as Nifty is trading above all the averages.

- Nifty continues to trade above the 200 DMA and also the 50 DMA and 50 DMA too has come above 200 DMA (Golden Cross has come during the last before Week) suggesting that the Long term outlook too has become Bullish and Nifty continues to trade above both the Averages and hence can be considered to be Bullish.

Technical Levels...

Breakout level : 9050 Breakdown level :8750
Bullish above 8965 with Resistance at  9030, 9095, 9150
Bearish below 8835 with Supports at 8770, 8705 ,8640.

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.
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Planetary Position...

- Moon would be transiting  from Mrigasira 3 rd in Gemini to Aslesha 4 th Pada in Cancer.

- Sun transits from  Poorvabhadra 1 st  Pada  to Poorvabhadra 2 nd Pada in Aquarius.

- Mercury  transits from Poorvabhadra 1 st  Pada in Aquarius to Poorvabhadra 3 rd Pada in Aquarius.

- Venus transits in Retrograde motion from  Revathi 1 st Pada in Pisces   to Revathi 1 st  Pada in Pisces.

- Mars transits in  Aswini 1 st  Pada in Pisces to Aswini 3 nd Pada in Aries .

- Saturn, in  Sagittarius,  transits in  Moola 1 st Pada in Sagittarius Navamsa .

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

- Rahu and Ketu transit in Leo and Aquarius and in Gemini  and Sagittarius Navamsas.

Moon  transited between Poorvabhadra and Revathi in  Aquarius and Pisces between  Monday and Wedneday between 8961 and 8868 and subsequently both High and Low were pierced to 8993 and 8860 making the range so narrow to pierce both ends . Again if the High is pierced , then only Bullish range will come into play to reach the first target of about 9050. On the otherhand, if the Low is breached once again, then bearishness would be back to reach about 8800.
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(for Monday)

Mid session Better

Tithi ::Phalguna Sukla Navami

Nakshatra:Mrigasira

Persons born in Pushyami, Anuradha and Uttarabhadra constellations and those born in Cancer and Scorpio are advised to be alert in their dealings.

Sensitive / Trend change Timings : 1.18 PM; 1.51 PM;1.59 PM ;11.15AM; 12.51 PM;

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open Steady / Subdued  and  and  remain So    till about 11.45 AM and remain Better  thereafter  till about 1.55  PM and could  remain Steady again till close.

Astro Technical Trading Strategy...

If Nifty Fut. Trades above  ATP by 11.45 AM, Long   Positions can be taken with suitable   SL, and such positions can be closed by about 1.45PM. If Nifty Fut trades below     the  ATP by about 2.00 PM , Short     Positions can be taken with suitable SL and such Positions can be closed by about end of the day.

Technical Levels...

Resistance : 8940, 8975 Support : 8860, 8825
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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.
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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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