WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

Outlook for the Week 27.06.2017 to 30.06.2017

Nifty Near Crucial Support    

NIFTY :: 9575 (-13)

Nifty traded in a narrow range of 9565 to 9699 during last week and closed nearer to the lower end of the range for the week at 9575 with a Loss of 13 Points, a loss of about 0.13%, with a slight negative outlook. Nifty is trading near Crucial Support and if it closes below 9550, it would become weak.

- The short term trend is Neutral. It is Bullish both for Medium and Long term, Short term could become Bearish if Nifty comes and closes below 9525.

- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 9628, 9452, 9209 and 8816 respectively and would act as Supports and Resistances as Nifty is trading above all the Moving averages except 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 at about more than Five months ago) suggesting that the Long term outlook has become Bullish and Nifty continues to trade above both the Long term Averages and hence can be considered Bullish or Long term too.

Technical Levels...

Breakout level : 9650 Breakdown level : 9500

Bullish above 9650 with Resistance at 9725, 9800

Bearish below 9500 with Supports at 9425, 9350.

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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Moon would be transiting from Aslesha i 3 rd Pada in Cancer to Uttara 4 th Pada in Virgo.

Sun transits from Aardra 1st Pada in Gemini to Aardra 3 rd Pada in Gemini.

Mercury transits from Aardra 3 rd Pada to Punarvasu 2 nd Pada in Gemini .

Venus transits from Bharani 4 th Pada in Aries to Krittika 2 nd Pada in Taurus.

Mars transits in Aardra 4 th Pada in Gemini to Punarvasu 1 st Pada in Gemini .

Saturn transits in Retro motion from Jyeshta 4 th Pada in Scorpio and transits in Pisces Navamsa.

Jupiter, in Direct motion, transits in Hastha 3 rd Pada in Virgo and in Gemini Navamsa.

Rahu and Ketu transit in Leo and Aquarius and in Aries and Libra Navamsas,

Moon has commenced its journey between Dhanishta and Revathi in Aquarius and Pisces Raasis between 15 th June to 19 th June and has made a range of 9561 to 9673 (112 points) and Since the High is crossed subsequently, it should have gone up but failed to go up and if the Low is crossed it would go Down. Low level is 9561, if it breaches the Low it can down to about 9450.

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Better after Opening Session (for Tuesday)

Tithi ::Jyeshta Sukla Triteeya

Nakshatra: Aslesha;

Persons born in Krittika, Uttara and Uttarashadha constellations and those born in Leo and Sagittarius are advised to be alert in their dealings.

Sensitive / Trend change Timings : 12.35 PM;

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open Subdued and remain So upto 9.50 AM and Better thereafter till about 2.00 PM and could remain subdued till about end of the day.

Astro Technical Trading Strategy...

If Nifty Fut. Trades above ATP by about 10.00 AM, Long Positions can be taken with suitable SL, and such positions can be closed by about 2.00 PM; If Nifty fut trades below by 2.15 PM, Short Positions can be taken with suitable SL , and such Positions can be closed by end of the day.

Technical Levels...

Resistance : 9615, 9650 Support : 9535, 9500

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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 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 onIndividual 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..