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WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

Outlook for the Week 14.3.2017 to 17.03.2017


Market in Expansion Mode 


NIFTY :: 8935  (+ 37)

Nifty traded in  a  narrow  range of 8892  to 8978   during last week and closed at the Middle end  for the week at 8935   with a GAIN  of 37  Points,  a gain    of  about 0.4%.  Market gained about 65  points on Monday during the week despite a net gain  of about  37 points during the week. Market would get into Expansion mode in view of the positive Election results.

Market had closed with a  positive   outlook  with a Gain of about 0.4% i.e.,37 points . The short term trend has turned Up. It is Bullish both  for Medium and Long term, short term could be quite Bullish  Unless Nifty comes and closes below 8750.

- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 8879, 8626, 8448 and 8474 respectively and wouldact 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 about Three weeks back) suggesting that the Long term outlook has become   Bullish and  Nifty continues to trade above both the Averages and hence can be considered Bullish  for Long term too..

Technical Levels...

Breakout level : 9225 Breakdown level : 9000

Bullish above 9150 with Resistance at 9225, 9300, 9375

Bearish below 9000 with Supports at 8925, 8850 ,8775.

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...

- During the current week Moon would be transiting  from Hastha 3 rd Pada in Virgo to Visakha 3 rd Pada in Libra. 

- Sun transits from  Poorvabhadra 3 rd  Pada in Aquarius  to Poorvabhadra  4 th  Pada in Pisces .

- Mercury  transits from Uttarabhadra 1 st  Pada to Uttarabhadra 3 rd Pada  in Pisces .

- Venus, in Retro motion,  transits from  Revathi 1 st  Pada in Pisces   to Uttarabhadra. 4 th  Pada in Pisces.

- Mars transits in   Aswini 3 rd    Pada in Aries to Aswini 4 th Pada in Aries.

- Saturn, in  Sagittarius,  transits in  Moola 1 st Pada  to Moola 2 nd Pada in Sagittarius Navamsa and Capricorn 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 . As Election Results are quite positive for the market, The High would be pierced and even the Second Target(9150) could be achieved.
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Volatile Movements (for Tuesday)

Tithi ::Phalguna Bahula Vidiya

Nakshatra:Hastha.

Persons born in Punarvasu, Visakha, Poorvabhadra constellations and those born in Libra and Aquarius are advised to be alert in their dealings.

Sensitive / Trend change Timings : 1.45 PM;

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open far  Better (due to Election Results)  and  remain So till about  10.20 AM and remain Steady / Subdued     thereafter  till about 2.45 PM and could  go Up  thereafter till the end.

Astro Technical Trading Strategy...

If Nifty Fut. Trades below  ATP by10.30 PM, Short   Positions can be taken with suitable   SL, and such positions can be closed by about 2.30 PM; If Nifty Fut trades above ATP by about 2.45pm, Long Positions can be taken with suitable SL and such positions can be closed by about end of the day.
Technical Levels...
Resistance : 9200, 9240 Support : 9110, 9075
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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.
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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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