Current
week Trend is Decisive for the month
Outlook
for the Week 03.10.2017 to 06.10.2017
NIFTY
:: 9789 (-175)
Nifty
traded in a range of 9961 to 9688 during last week and closed nearer
to the middle of the range for the week at 9789 with a Loss of 175
Points (about 1.81%). Market had fallen for about Two weeks and could
fall for One more week too before it could go up once again.
-
The short term trend has become Bearish. It is Bullish both for
Medium and Long term, Short term would become Bullish if Nifty comes
and closes above 10000.
-
20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 9978, 9946,
9778 and 9272 respectively and would act as Supports and Resistances.
-
Nifty continues to trade above the 200 DMA but below the 50 DMA and
50 DMA has come above 200 DMA (Golden Cross has come more than Seven
months ago) suggesting that the Long term outlook has become Bullish
and Nifty continues to trade above 100 and 200 DMA the long term
moving averages but below the Short term Moving Averages and hence
can be considered as Neutral. It is only below 20 and 50 DMA and is
close to 100 DMA.
Technical
Levels...
Breakout
level : 9920 Breakdown level : 9650
Bullish
above 9850 with Resistance at 9920, 9995
Bearish
below 9725 with Supports at 9650, 9585
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 Sathabhisham 2 Pada in Aquarius to Revathi 4
th Pada in Pisces .
- Sun
transits from Hastha 2 nd Pada in Virgo to Hastha 4 th Pada in Virgo.
- Mercury
transits in Hastha 1st Pada in Virgo to Hastha 3 rd Pada
in Virgo.
- Venus
transits from Pubba 3 rd Pada in Leo to Pubba 4 th Pada in Leo.
- Mars
transits in Pubba 4 th Pada to Pubba 4 th Pada in Leo.
- Saturn
moves in Jyeshta 4 th Pada in Scorpio and also moves in Pisces
Navamsa.
- Jupiter
transits in Chtta 4 th Pada in Libra and moves in Scorpio Navamsa.
- Rahu
and Ketu move to Cancer and Capricorn and in Pisces and Virgo
Navamsas,
During
the week, Moon would be transiting from Sathabhisham to Revathi
Constellations between Aquarius and Pisces Raasis and would form a
Range and if this range is crossed next week, it would be Bullish and
if the lower side of the range is broken, it would become further
Bearish.
------------------------------
Generally
Subdued (for Tuesday)
Tithi
::Aswayuja Sukla Trayodasi
Nakshatra
: Sathabhisham
Persons
born in Aslesha, Jyeshta and Revathi and those born in Pisces and
Cancer are advised to be alert in their dealings.
Sensitive
/ Trend change Timings : 9.40 AM; 3.05 PM;
Likely
Intraday Trend...
On
the basis of planetary position and aspects amongst planets, Market
is expected to open Steady/Subdued and remain so thereafter too
through out the day.
Astro
Technical Trading Strategy...
Technical
Levels...
Resistance
: 9830,9865 Support : 9750, 9710
------------------------------
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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