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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