WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

for the week 17.4.2017 to 21.04.2017


Sell on Rise 

NIFTY :: 9151(- 47)

Nifty traded in a narrow range of 9145 to 9246 during last week and closed at the Lower end of the range for the week at 9151 with a Loss of 47 Points (a loss of about 0.50%) with a light negative outlook. Market lost about 47 points through out the week despite a gain of 56 points on Tuesday.

- The short term trend is slightly Down . It is Bullish both for Medium and Long term, Short term could be quite Bearish Unless Nifty comes and closes above 9225.

- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 9154, 8965, 8583 and 8579 respectively and would act as Supports and Resistances as Nifty is trading only below 20 DMA.

- 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 Two months ago) 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 9225 with Resistance at 9300, 9375

Bearish below 9075 with Supports at 9000, 8925.

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 Moola 3 rd Pada in Sagittarius to Dhanishta 3 rd Pada in Aquarius.

- Sun transits from Aswini 1 st Pada in Aries to Aswini 3 rd Pada in Aries.

- Mercury, in Retro mode, transits from Aswini 3 rd Pada to Aswini 2 nd Pada in Aries.

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

- Mars transits in Krittika 2 nd Pada in Taurus to Krittika 3 rd Pada in Taurus.

- Saturn, in Sagittarius, moves to Retro motion transits in Moola 2 nd Pada to Moola 2 nd Pada in Taururs Navamsa .

- Jupiter, in Retro motion, transits in Hastha 4 th Pada in Virgo and in Cancer Navamsa.

- Rahu and Ketu transit in Leo and Aquarius and in Taurus and Scorpio Navamsas.

Moon transited between Poorvabhadra and Revathi between Aquarius and Pisces between Monday and Wednesday last before Week between 9025 and 9153 (between 27 th March to 29 th March). Since the High of this range is crossed on 30 th, it had become Bullish and went upto 9274 (on 5th April, nearly touching the first target of 9280 ) and finished the higher for this season and closed at the lower end for the last week at 9151 after trading between 9246 and 9145 for the week.
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Second Half Subdued (for Monday)

Tithi ::Chaitra Bahula Shashti

Nakshatra:: Moola

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

Sensitive / Trend change Timings : 9.25 AM; 12.50PM

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open Subdued and remain Better from 9.25AM to 11.35AM, and remain Subdued thereafter till about close of the day.

Astro Technical Trading Strategy...

If Nifty Fut. Trades above ATP/ Open level by about 9.30 AM , Long Positions can be taken with suitable SL, and such positions can be closed by about 11.30 AM. If Nifty Fut trades below ATP by about 12 PM, Short Positions can be taken with suitable SL,and such positions can be closed by about 3.15 PM .
Technical Levels...
Resistance : 9190, 9225 Support : 9110, 9070
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F 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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