SCRIP SPECIFIC MOVEMENTS
(Outlook for the Week 27.11.2017 to 01.12.2017)
NIFTY :: 10390(+ 106)
Nifty traded in a range of 10262 to 10405 during last week and closed nearer to the High of the range with a Positive outlook for the week at 10390 with a Gain of 106 Points (a Gain of about 1.03%) Market Gained through out the week without losing any point on any day.
The short term trend too is rather Bullish. It is Bullish both for Medium and Long term, However, Short term would become Bearish if Nifty comes and closes below 10200
20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 10324, 10166, 10033 and 9640 respectively and would act as Supports and Resistances.
Nifty continues to trade above the 200 DMA and also above the 50 DMA and 50 DMA has come above 200 DMA (Golden Cross has come more than about Nine 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 as Bullish.
Breakout level :10500 Breakdown level :10210
Bullish above 10460 with Resistance at 10530, 10600
Bearish below 10320 with Supports at 10250, 10180.
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.
Moon would be transiting from Satabhisham 3 rd Pada in Aquarius to Bharani 1 st Pada in Aries.
Sun transits from Anuradha 3 rd Pada in Scorpio to Anuradha 4 th Pada in Scorpio .
Mercury transits in Moola 1 st Pada in Sagittarius to Moola 2 nd Pada in Sagittarius.
Venus transits from Visakha 4 th Pada in Scorpio to Anuradha 1 st Pada in Scorpio.
Mars transits from Chitta 2 nd Pada in Virgo to Chitta 3 rd Pada in Libra.
Saturn transits from Moola 1 st Pada in Sagittarius to Moola 2 nd Pada in Sagittarius and also moves to Taurus Navamsa.
Jupiter transits frfom Swathi 3 rd Pada to Swathi 4 th Pada in Libra and moves to Pisces Navamsa.
Rahu and Ketu move to Capricorn and Cancer and in Leo and Aquarius Navamsas,
During the Current Week, Moon would be transiting from Sathabhisham to Revathi constellation and would form a range which would be crossed on the Upper side or would be breached on the Lower side and would become further Bullish or Bearish.
Mid Session Better (for Monday)
Tithi :: Maargasira Sukla Ashtami/ Navami
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 : 9.21 AM; 10.16 A M;
Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected to remain Subdued till about 11 AM and remain steady thereafter till about 12.45 and remain Betterafter 12.45 PM till about 2.20 PM and could remain steady thereafter .
Astro Technical Trading Strategy...
If Nifty fut trades above ATP by about 12.45 PM, Long Positions can be taken with suitable SL and such positions can be closed by about 2.15 PM.
Resistance : 10430,10465 Support : 10350,10315
----------------------------------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..