Next Week
Market could be marginally Bullish
(Outlook for the Week from 24.09.2018 to 28.09.2018)
NIFTY : 11143 (-372)
Nifty traded in a range
of 11465 to 10866 during last week and closed nearer to the
Low of the range for the week at 11143 with a Loss of about 372 Points (about3.23%)
made a Negative weekly close for theThird week after 6 weeks
of Gain.
Moon had transited
between Aquarius and Pisces between 27 th August to 30 th
August and made a range of 11596 to 11760 and made a Base Three weeks.
Market would travel between Aquarius and Pisces between 24 th September and 26
th September, 2018 and if the High of the range is broken on the higher Side it
would become Bullish and vice versa.
- The short term trend is Bearish.
It is Bullish for Medium Term and Bullish for Long
term also. Short Term would be Bullish if it closes above 11300 towards Weekend.
- 20 DMA, 50DMA, 100DMA and 200 DMA
are placed at about 11498, 11342, 11026 and 10749 respectively and would act
as Supports and Resistances.
- Nifty continues to trade above
2 Long term moving averages and 50 DMA has
come above 200 DMA (Golden Cross has come more than about 19
months ago) suggesting that the Long term outlook has become Bullish and Nifty continues to trade
above Two Long tern moving averages.
Technical
Levels…
Breakout level
: 11300 Breakdown
level : 11050
Bullish
above 11225 with Restitance at 11300, 11375
Bearish
below 11075 with Supports at 11000, 10925,10850
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
Poorvabhadra 2 nd in Aquarius Pisces to Bharani 3 rd Pada in Aries
= Sun transits from Uttara 4 th
Pada to Hasta 1 st Pada in Virgo
- Mercury transits from
Uttara 4 th to Hasta 3 rd Pada in Virgo
- Venus transits in Swati 3
rd Pada in Libra.
- Mars, in Direct Mode , transits in Uttarashadha 4 th Pada
to Sravana 1 st Pada in Capricorn .
- Saturn transits in Moola 3 rd
Pada in Sagittarius and
moves in Gemini Navamsa.
- Jupiter transits in Visakha 3 rd Pada in Libra and transits in Gemini Navamsa.
- Rahu and Ketu transits in
Pushyami 2nd Pada in Cancer and in
Uttarashadha 4 th quarter in Capricorn Rasis and transits in
Libra and Pisces Navamsas.
------------------------------------------
Closing Session Better (for Monday)
Tithi :: Bhadrapada Sukla Pournima
Nakshatra: Poorvabhadra
Persons born in Aswini, Makha and
Moola and those born in Pisces and Cancer are advised to be
alert in their dealings.
Sensitive/Trend change Timings : 10.46 AM; 10.55AM
kely Intraday
Trend…
On the basis of planetary position and aspects
amongst planets, Market is expected to Open
Steady and remain Subdied thereafter about 11.15 AM and remain Better
thereafter till about 1.30PM and could remain Better till about
3.25 PM.
Astro
Technical Trading Strategy…
If Nifty fut trades
above ATP by about 11.30 AM Short
Positions can be taken with suitable SL and can be closed by about
1.30 PM. If Nifty fut trades above ATP by about 1.45 PM Long
Positions can be taken with Suitable Stop Loss and can be closed by about
end of the day.
Technical
Levels…
Resistance : 11180,11215 Support : 1100 ,11065
------------------------------
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 on
Individual 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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