WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

for the week 10.07.2017 to 14.07.2017

Second Half Range Crucial

NIFTY :: 9666 (+145)

Nifty traded in a range of 9544 to 9701 during last week and closed nearer to the Higher end of the range for the week at 9666 with a Gain of 145 Points (about 1.55%). Market had closed with with a positive outlook . Market gained 145points throughout the week losing only about 10 points on Wednes /Friday. Next major Resistance is 9710.

- The short term trend is Bullish and It is Bullish both for Medium and Long term, Short term could become  Bearish if Nifty comes and closes below 9500.

- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 9603, 9524, 9286 and 8850 respectively and would act as Supports and Resistances as Nifty is trading above most of 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 Six months ago) suggesting that the Long term outlook has become Bullish and Nifty continues to trade above all the moving Averages and hence can be considered Bullish for Long term too.

Technical Levels ::

Breakout level : 9750 Breakdown level : 9600/ 9550

Bullish above 9750 with resistance at 9825, 9900

Bearish below 9600 with Supports at 9525, 9450.

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 Uttaraashadha 3 rd Pada in Capricorn to Poorvabhadra 3 rd Pada in Aquarius.

- Sun transits from Punarvasu 2 nd Pada in Gemini to Punarvasu 3 rd Pada in Gemini.

- Mercury transits from Pushyami 3 rd Pada to Aslesha 2 nd Pada in Cancer .

- Venus transits from Rohini 1 st Pada in Aries to Rohini 2 nd Pada in Taurus.

- Mars transits in Punarvasu 3 rd Pada in Punarvasu 4 th Pada in Cancer .

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

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

Moon would commence its journey between Dhanishta and Poorvabhaadra in Aquarius between 12 th July to 14 th July and would make a range and if the High is crossed it would go up and if the Low is breached it would go Down.
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Second Half  Better (for Monday)

Tithi ::Aashadha Bahula Padyami

Nakshatra : Swathi

Persons born in Aslesha, Jyeshta and Revathi and those born in Scorpio and Pisces are advised to be alert in their dealings.

Sensitive / Trend change Timings : 1.13 PM;

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open steady / Subdued and expected to recover from 12.45 PM to 2.50PM and could remain Steady thereafter till close of the day.

Astro Technical Trading Strategy...

If Nifty Fut. Trades below the Open / ATP level by about 10.45AM , Short Positions can be taken with suitable SL, and such positions can be closed by about 12.30 PM. If Nifty fut trades above  the ATP by about 12.45PM, Long Positions can be taken with suitable SL and such positions can be closed by about 2.45PM.

Technical Levels...
Resistance : 9560, 9595 Support : 9480, 9445
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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..

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