Thursday, August 31, 2017

INDIA's Q1 GDP DOWN TO 5.7%

India's GDP growth slumped to a three-year low of 5.7 per cent during April-June -- lagging China for the second straight quarter -- as manufacturing slowed ahead of the GST launch amid demonetisation effect. China clocked 6.9 per cent growth in January-March as well as April-June quarters. The expansion in gross domestic product (GDP) was 6.1 per cent in the preceding quarter and 7.9 per cent in the same period last fiscal. The previous low of 4.6 per cent was recorded in January-March 2014. Gross value added (GVA) in the manufacturing sector fell sharply to 1.2 per cent, from 10.7 per cent year on year, as the businesses focussed more on clearing inventories rather than production ahead of the July 1 launch of GST. 

Uncertainty about new indirect tax rates under GST prompted a host of industries, including carmakers, FMCG companies and garment manufacturers, to clear their stocks. Demonetisation of high-value currency notes in November last year impacted economic activities in the January-March quarter as GDP growth slipped to 6.1 per cent and further to 5.7 per cent in the three months to June.

The data released by the Central Statistics Office (CSO) came in below market expectations, which predicted it to be at least a tad higher than January-March growth figure of 6.1 per cent. According to the data, there was a slowdown in the agricultural sector, too. GVA in the first quarter was 2.3 per cent compared to 2.5 per cent in the similar period last year. 

Chief Statistician T C A Anant attributed the fall to the decline in inventories ahead of the rollout of GST as businesses re-labelled existing stocks and fashioned new ones in accordance with the new tax regime. The drop in growth, he asserted, was not linked to note ban. Anant further said that as companies took to GST, inventory has returned to normal levels which will help revive growth.
 
Former chief statistician Pranab Sen said it was expected that the first quarter GDP would be weak because of GST. "But, in my particular case, this is about 40 basis point lower than what I was considering. I would be looking at probably now sub-6.3 per cent for the full year," he added. Crisil's D K Joshi termed the GDP number as "disappointing" as the expectation was that the growth would be 6.5 per cent.

ASTRO TECHNICAL GUIDE FOR NIFTY

for September 01, 2017

Volatile Movements 

Tithi ::Bhaadrapada Sukla Ekadasi

Nakshatra :: Poorvashadha

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

Sensitive / Trend change Timings : 11.25AM;

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open  Better and remain Better upto 09.35 AM and remain Subdued thereafter  till about 11.50 AM and could remain Better again till about 2.00PM and could remain Subdued there afer till about Close of the day.

Astro Technical Trading Strategy...

If Nifty Fut. Trades below Open/ ATP level by about 9.45 AM , Short Positions can be taken with suitable SL, and such positions can be closed by about 11.45PM. If Nifty fut trades above the ATP by about 12.00PM, Long Positions can be taken with suitable SL and to be closed by about 1.45 PM. If Nifty fyt trades below ATP by about 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 : 9955, 9990 Support : 9875, 9840

----------------------------------------------

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 intra day movements, to be applied depending on the real time market movement. Used as an additional tool in addition to technicals. 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..


Wednesday, August 30, 2017

ASTRO TECHNICAL GUIDE FOR NIFTY

for August 31, 2017


Volatile and Scripwise Movements

Tithi ::Bhaadrapada Sukla Dasami

Nakshatra :: Moola

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

Sensitive / Trend change Timings for the day:: 15.20

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open Steady and remain Better upto 10.45 AM and remain Subdued thereafter  till about 1.00 PM and could remain Better again till about 3.10PM and could remain Subdued there afer till about Close of the day.

Astro Technical Trading Strategy...

If Nifty Fut. Trades below ATP level by about 10.45 AM , Short Positions can be taken with suitable SL, and such positions can be closed by about 12.45PM. If Nifty fut trades above the ATP by about 1.15PM, Long Positions can be taken with suitable SL and to be closed by about 3.00 PM

Technical Levels
Resistance : 9925, 9960 Support : 9845, 9790
----------------------------------------------

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 intra day movements, to be applied depending on the real time market movement. Used as an additional tool in addition to technicals. 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..

Tuesday, August 29, 2017

WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

for August 30, 2017
First Half  Better

Tithi ::Bhaadrapada Sukla Navami

Nakshatra :: Jyeshta

Persons born in Kittika, Uttara and Uttaraashadha and those  born in Sagittarius and Aries are advised to be alert in their dealings.

Sensitive / Trend change Timings : 12.22PM;

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open Better and remain so till about 1.30 PM and could remain Subdued there afer till about Close of the day.

Astro Technical Trading Strategy...

If Nifty Fut. Trades above the Open / ATP level by about 9.30 AM , Long Positions can be taken with suitable SL, and such positions can be closed by about 1.30PM. If Nifty fut trades below the ATP by about 1.45PM, Short Positions can be taken with suitable SL and to be closed by about end of the day.

Technical Levels...
Resistance : 9845, 9880 Support : 9755, 9720
----------------------------------------------

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 intra day movements, to be applied depending on the real time market movement. Used as an additional tool in addition to technicals. 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..


Monday, August 28, 2017

PETROL PRICE UP BY Rs.6/- IN 2 MONTHS

Petrol price has been hiked by Rs 6 per litre since the beginning of July and is now priced at its highest rate in three years with rates being revised in small dosages daily. Diesel price has increased by Rs 3.67 a litre and now costs Rs 57.03 a litre in Delhi, the highest in four months, according to data from state-owned oil companies. A litre of petrol costs Rs 69.04 a litre in Delhi, the highest since second-half of August 2014 when it was priced at Rs 70.33. State-owned oil companies in June dumped the 15-year old practice of revising rates on 1st and 16th of every month and instead adopted a dynamic daily price revision to instantaneously reflect changes in cost. Prices of petrol and diesel have been revised at 0600 hrs everyday since June 16. Rates during the first fortnight dropped but have since July 3 been on the rise. Petrol price was at Rs 65.48 a litre on June 16 in Delhi and it dropped to Rs 63.06 by July 2. However, rates have since gone up every day except on four occasions when prices were cut by 2-9 paise per litre. Similarly, a litre of diesel was priced at Rs 54.49 on June 16 and it dropped to Rs 53.36 on July 2, thanks to the softening international oil prices. Since then, it has been on an upswing though the reduction in diesel rates have been on a larger number of occasions than petrol. "Previously, everybody felt the pinch when rates would go up by Rs 2 or 3 per litre in one go. Now they are being increased by 1 paisa to 15 paise a litre everyday, hikes that have largely gone unnoticed," a senior oil company executive said. The daily price revision means an instantaneous transfer of a rise or decline in international oil price to the consumer instead of the previous practice of passing it on only after a fortnight. The previous practice of revision in the rate on 1st and 16th of every month, which began with deregulation of auto fuel on April 1, 2002, was based on average international oil price and foreign exchange rate in the preceding fortnight. "Many a time, international rates would fall for one week and then rise in the following. So, the net effect of this in the previous price revision policy was status quo or a marginal change in rate," he said. Petrol and diesel prices were deregulated or freed from government control from April 1, 2002, and the fortnightly revision in rates kicked in. The deregulation derailed a bit when international oil prices started to climb after 2004. Fortnightly revision continued but the revision was not completely in sync with the required price increase. Petrol price was finally freed in June 2010 and diesel in October 2014 after small fortnightly increases over the past several months brought rates at par with the cost. The daily price revision was implemented after a successful pilot in five cities. The official said daily price change will remove the big leaps in rates that need to be effected at the end of the fortnight, making the consumer more aligned to market dynamics. The three state-owned fuel retailers had implemented a daily revision of retail selling price (RSP) of petrol and diesel on a pilot basis in Udaipur in Rajasthan, Jamshedpur in Jharkhand, Puducherry, Chandigarh, and Visakhapatnam in Andhra Pradesh from May 1.

ASTRO TECHNICAL GUIDE FOR NIFTY

for August 29, 2017

Opening Session Better

Tithi ::Bhaadrapada Sukla Ashtami

Nakshatra : Anuradha

Persons born in Bharani, Pubba and Poorvashadha and those  born in Sagittarius and Aries are advised to be alert in their dealings.

Sensitive / Trend change Timings : 9.28AM; 1. 40 PM;

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open Better and remain so till about 10.45 AM and could remain Subdued there afer till about Close of the day.

Astro Technical Trading Strategy...

If Nifty Fut. Trades above the Open / ATP level by about 9.30 AM , Long Positions can be taken with suitable SL, and such positions can be closed by about 10.30AM. If Nifty fut trades below the ATP by about 11.00AM, Short Positions can be taken with suitable SL and to be closed by about 3.00 PM of the day.

Technical Levels...
Resistance : 9955, 9990 Support : 9875, 9840
----------------------------------------------

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 intra day movements, to be applied depending on the real time market movement. Used as an additional tool in addition to technicals. 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..



Sunday, August 27, 2017

ASHISH CHAUHAN TO STEER BSE ANOTHER 5 YEARS ?

Top stock exchange BSE's board has approved another five-year term for its chief Ashish Chauhan, who has steered a strong turnaround and a highly- successful IPO of the bourse with strong business expansion. Chauhan, who joined BSE as Deputy CEO in 2009, was made MD and CEO for a period of five years with effect from November 2, 2012. At a meeting held earlier this month, the board approved re-appointment of Ashishkumar Chauhan as BSE's Managing Director and CEO for a further period of five years from November 2, 2017 to November 1, 2022. This would be subject to approval from the capital markets regulator Sebi and from the shareholders at the ensuing Annual General Meeting. Chauhan also happens to be one of the founding team members of National Stock Exchange (NSE) where he worked from 1992 to 2000. From 2000 to 2009, he worked as the President and Chief Information Officer of Reliance group and was also the CEO of the IPL cricket team Mumbai Indians in its formative years. At BSE, he is credited with reviving Asia's oldest exchange and for making it the fastest exchange in the World with less than 6 microseconds response time. Chauhan holds a B Tech in Mechanical Engineering from IIT Bombay and a PGDM from IIM Kolkata. He is known for introduction of mobile trading, online real-time surveillance systems and for launching several new products across various market segments such as SMEs, currencies, mutual funds and corporate bonds. Under his leadership, the BSE also set up the country's first international exchange, India International Exchange, which was inaugurated by Prime Minister Narendra Modi in January this year at Gandhinagar, GIFT City. He has successfully completed the IPO of BSE which was pending for over 10 years. The IPO was oversubscribed 51 times with close to 12 lakh applications in January 2017.

WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

Outlook for the Week 28.8.2017 to 01.09.2017

Scrip Specific Movements

NIFTY :: 9857 (+20)

Nifty traded in a narrow range of 9884 to 9740 during last week and closed at the Upper end of the range for the week at 9857 with a Gain of 20 Points (about 0.20%). Market had closed with a mild Positive outlook

- The short term trend is rather weak . It is Bullish both for Medium and Long term, Short term could be quite Bullish if Nifty comes and closes above 9975.

- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 9926, 9805, 9597 and 9050 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 more than Six months ago) suggesting that the Long term outlook has become Bullish and Nifty continues to trade above both the long term Moving Averages and hence can be considered Bullish for Long term too.

Technical Levels ::

B reakout level : 9975 Breakdown level : 9725

Bullish above 9930 with Resistance at 10005, 10080

Bearish below 9785 with Supports at 9710, 9635.

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 Visakha 3 rd Pada in Libra to Poorvashaadha 2 nd Pada in Sagittarius.

- Sun transits from Makha 4 th Pada in Leo to Pubba 1 st Pada in Leo .

- Mercury, in Retrograde motion, transits from Makha 3 rd Pada to Makha 2 nd Pada in Leo.

- Venus transits from Pusyami 2 nd Pada in Cancer to Pushyami 3 rd Pada in Cancer.

- Mars transits in Makha 1 st Pada in Cancer.

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

- Jupiter transits in Chitta 2 nd Pada in Virgo and is vargottama too.

- Rahu and Ketu move to Cancer and Capricorn and in Pisces and Virgo Navamsas.

Moon transited from Satabhisham to Uttaraabhaadra in Aquarius and Pisces Rasis between last Wednesday to Friday (between 9 th August to 11 th August ). It did not break the Low and moved in Both the weeks.


-----------------------------------------
Second Half  Better ( for Monday)

Tithi ::Bhaadrapada Sukla Sapthami

Nakshatra :: Visakha

Persons born in Aswini, Makha and Moola and those born in Scorpio and Pisces are advised to be alert in their dealings.

Sensitive / Trend change Timings : 1.28PM; 3.08 PM;

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open Subdued and remain Better from about 13.00PM till about 3.15 PM .

Astro Technical Trading Strategy...

If Nifty Fut. Trades below the Open / ATP level by about 10.45 AM , Short Positions can be taken with suitable SL, and such positions can be closed by about 12.45PM. If Nifty fut trades above the ATP by about 1.00PM, Long Positions can be taken with suitable SL and to be closed by about 3.15 PM of the day.

Technical Levels...
Resistance : 9895, 9930 Support : 9815, 9780
----------------------------------------------

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 intra day movements, to be applied depending on the real time market movement. Used as an additional tool in addition to technicals. 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..




Wednesday, August 23, 2017

ASTRO TECHNICAL GUIDE FOR NIFTY

for August 24, 2017

Generally Better

Tithi ::Bhaadrapada Sukla Thadiya

Nakshatra :: Uttara/Hastha

Persons born in Aardra, Swathi and Sathabhisham and those born in Libra and Aquarius are advised to be alert in their dealings.

Sensitive / Trend change Timings : 2.00PM

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open Subdued and remain Better from about 9.40 AM till about 2.30 PM and to remain marginally Subdued thereafter till Close.

Astro Technical Trading Strategy...

If Nifty Fut. Trades above the Open / ATP level by about 9.45 AM , Long Positions can be taken with suitable SL, and such positions can be closed by about 2.30PM. If Nifty fut trades below the ATP by about 2.45PM, Short Positions can be taken with suitable SL and to be closed by about end of the day.

Technical Levels...
Resistance : 9890, 9925 Support : 9810, 9775
----------------------------------------------
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 intra day movements, to be applied depending on the real time market movement. Used as an additional tool in addition to technicals. 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..




Tuesday, August 22, 2017

ASTRO TECHNICAL GUIDE FOR NIFTY

for August 23, 2017

Votalite Movements

Tithi ::Bhaadrapada Sukla Vidiya

Nakshatra :: Pubba/Uttara

Persons born in Mrigasira, Chitta, Dhanista and those born in Virgo and Capricorn are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day:: 1.40, 2.50 PM

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open Better and remain Steady / Subdued between 9.30 to 11.30 AM. After that again better from 11.45 to 1.45 and again remain Subdued / weak after  2 PM upto close of the day.

Astro Technical Trading Strategy...

If Nifty Fut. Trades below the Open / ATP level by about 9.30 AM , Short Positions can be taken with suitable SL, and such positions can be closed by about 11.30P M. If Nifty fut trades above the ATP by about 11.45PM, Long Positions can be taken with suitable SL and to be closed by about 1.45PM.t
Again if the index  trades below ATP after 2 PM further short positions may be considered and closed by the end.
 
Technical Levels...
Resistance : 9805, 9840 Support : 9725, 9690
----------------------------------------------
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 intra day movements, to be applied depending on the real time market movement. Used as an additional tool in addition to technicals. 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..


Monday, August 21, 2017

ASTRO TECHNICAL GUIDE FOR NIFTY

for August 22, 2017


Mid Session Subdued

Tithi ::Bhaadrapada Sukla Padyami

Nakshatra :: Makha / Pubba

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

Sensitive / Trend change Timings for the day:: 2.40 PM;

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open Steady / Subdued and remain so till about 11.30 AM and to remain Subdued / weak  thereafter  till about 1.40 PM and  to remain Better thereafter till about 2.40 and remain Subdued thereafter till about close of the day.

Astro Technical Trading Strategy...

If Nifty Fut. Trades below the Open / ATP level by about 11.30 AM , Short Positions can be taken with suitable SL, and such positions can be closed by about 2.30P M. If Nifty fut trades above the ATP by about 1.45PM, Long Positions can be taken with suitable SL and to be closed by about 2.45PM.
 
Technical Levels...
Resistance : 9795, 9830 Support : 9715, 9680

----------------------------------------------
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 intra day movements, to be applied depending on the real time market movement. Used as an additional tool in addition to technicals. 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..


Sunday, August 20, 2017

WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY



Outlook for the Week 21.8.2017 to 25.08.2017


Weekend Decisive

NIFTY :: 9837 (+ 126)

Nifty traded in  a  wide  range of 9948  to 9752 during last week and closed at the Lower  end of the range  for the week at 9837  with a Gain  of  126 Points ( loss  of  about 1.30%).  But the Market had closed with a  Positive  outlook .

- The short term trend is rather weak . It is Bullish both  for Medium and Long term, Short term could be quite Bullish  if Nifty comes and closes above  9950.

- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 9958, 9791, 9568 and 9025 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 more than  Six  months  ago) suggesting that the Long term outlook has become Bullish and  Nifty continues to trade above both the long term Moving Averages and hence can be considered Bullish  for Long term too.

Technical Levels…

Breakout level : 9950           Breakdown level : 9700

Bullish above 9910  with Resistance at  9985, 10060

Bearish below 9765 with Supports at 9690, 9615

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 Aslesha 3rd Pada in Cancer to Chitta 1st Pada in Virgo.

- Sun transits from  Makha  2nd   Pada in Leo to Makha 3rd Pada in Leo .

- Mercury, in Retrograde motion,  transits from Pubba 1 st   Pada to Makha 4 th   Pada  in Leo.

- Venus transits from  Punarvasu 3 rd Pada in Gemini to  Pushyami  1 st   Pada in Cancer.

- Mars , being debilitated, transits in  Aslesha 3 rd   Pada in Cancer  to Aslesha 4 th Pada in Cancer.

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

- Jupiter transits in     Chitta 1 st   Pada to Chitta 2 nd Pada in Virgo and moves from Leo Navamsa to Virgo  Navamsa.

- Rahu and Ketu  move to  Cancer and Capricorn and in Pisces and Virgo  Navamsas,

Moon  transited  from Satabhisham to Uttaraabhaadra  in  Aquarius and Pisces Rasis between  9 to 11 th August. It would become further Bearish if the Low  of this range is breached  and vice versa. It had come down to 9686 and would become further weak if it breaks Last week’s Low.

------------------------------------------------------

Mid  Session Strong (for Monday)

Tithi ::Sraavana Bahula Amavasya  

Nakshatra : Aslesha

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

Sensitive / Trend change Timings : 10.10 AM;

Likely Intraday Trend…

On the basis of planetary position and aspects amongst planets, Market is expected to open  Steady / Subdued  and remain so till about 10.20 AM and to remain Better thereafter  till about 2.45 AM and  to remain Subdued thereafter till about close of the day.

Astro Technical Trading Strategy…

If Nifty Fut. Trades above   the Open / ATP level by about  10.30 AM ,Long   Positions can be taken with suitable   SL, and such positions can be closed by about 2.30P M.  If Nifty fut trades below   the ATP by about 2.40PM, Short   Positions can be taken with suitable SL and to be closed by about  end of the day.

Technical Levels…

Resistance : 9885, 9920         Support : 9795, 9760



----------------------------------------------

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 intra day movements, to be applied depending on the real time market movement. Used as an additional tool in addition to technicals. 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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