Outlook for the Week 17.07.2017 to21.07.2017

Resistance at Psychological Level of 10,000

NIFTY :: 9886 (+220)

Nifty traded in  a  wide range of 9646  to 9913   during last week and closed nearer to  the Higher    end of the range  for the week at 9886  with a Gain  of 220 Points,  a gain   of  about 2.23%.  Market gained  220 points throughout the week losing only  about 5 points on Fri  day. Next major Resistance is only Pychological leve of 10000.

- 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 9750.

- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 9656, 9575, 9335 and 8873 respectively and would act as Supports and Resistances as Nifty is trading above all the Moving averages.

- Nifty continues to trade above the 200 DMA and also the 50 DMA and 50 DMA too has come above 200 DMA 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 : 10000 Breakdown level : 9750

Bullish above 9950 with Resistance at 10025, 10100

Bearish below 9800 with Supports at 9725, 9650.

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.


Planetary Position...

Moon would be transiting from Aswini 2 nd Pada in Aries to Aardra 1 st Pada in Gemini.

Sun transits from Punarvasu 4 th Pada in Cancer to Pushyami 1 st Pada in Cancer .

Mercury transits from Aslesha 3 rd Pada to Makha 1 st Pada in Leo.

Venus transits from Rohini 3 rd Pada in Taurus to Mrigasira 1 st Pada in Taurus.

Mars transits in Pushyami 1 st Pada in Cancer .

Saturn moves in Retro motion in Jyeshta 4 th Pada in Scorpio and also moves in Pisces Navamsa.

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 transited between Dhanishta and Poorvabhaadra in Aquarius between 12 th July to 14 th July and made a range of 9788 and 9913 (125 points ) and if the High is crossed it would go up above up till about 10,040 and if the Low is breached it would go Down.


Forenoon Session Bullish (for Monday)

Aashadha Bahula Ashtami

Nakshatra: Aswini

Persons born in Rohini, Hastha and Sravanam and those born in Taurus and Virgo are advised to be alert in their dealings.

Sensitive / Trend change Timings : 11.50 AM;

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open Steady  and remain Better from 9.45 AM and remain better till about 11.50AM and remain steady till about 2 PM and remain subdued thereafter till close of the day.

Astro Technical Trading Strategy...

If Nifty Fut. Trades above the Open / ATP level by about 9.45AM , Long Positions can be taken with suitable SL, and such positions can be closed by about 11.45AM. If Nifty fut trades below the ATP by about 2.00PM, Short positions can be taken with suitable SL and to be closed by about end of the day.

Technical Levels...
Resistance : 9930, 9965 Support : 9850, 9815
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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