Sunday, October 7, 2018

WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

Bullish  if Market trades > 10800

Outlook for the Week 08.10.2018 to 12.10.2018

NIFTY : 10316 (-614)

Nifty traded in  a range of 11036 to 10261 during last week and closed nearer to the  Low of the range  for the week at 10316 with a Loss of about 614 Points,  a Loss  of  about 5.62%.  Market made a Negative weekly close for the Fifth week.

- Moon had transited between Aquarius and Pisces between 24 th September to 27 th September and made a range of 11170 to 10883. During the last week, market had made a Low of 10262 and it had the Second target of about 10300.

- The short term, Medium Term are Bearish. It is Bullish only for Long. Short Term would be Bullish if it closes above 11000 towards Weekend.

- 20 DMA, 50DMA,100DMA and 200 DMA are placed at about 11151, 11321, 11040 and 10777 respectively and would act as Supports  and Resistances.

- Nifty has fallen down from all DMAs. Only positive thing is 50 DMA is above 200 DMA (Golden Cross). It suggest that the Long term outlook is Bullish.

Technical Levels...

Breakout level :11000 Breakdown level : 10150

Bullish above 10400 with Resistance at 11475, 11550

Bearish below 10225 with Supports at 10150, 10075,10000

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.

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Planetary Position...

- Moon would be transiting from Uttara 4 th Pada in Virgo Pisces to Anuradha 1 st Pada in Scorpio.

- Sun transits from Hasta 4 th Pada in Virgo to Chitta 1 st Pada in Virgo.

- Mercury transits from Chitta 3 rd Pada Libra to Swathi 1 st Pada in Virgo.

- Venus, in Retrograde motion, transits from Swati 3 rd Pada in Libra to Swati 3 rd Pada in Libra.

- Mars transits in Sravana 2 nd and 3 rd Pada in Capricorn

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Forenoon Session Better (for MONDAY)
Tithi :: Bhadrapada Bahula Chaturdasi / Amavasya

Nakshatra: Uttara

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

Sensitive/Trend change Timings : 1.31 PM

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to  Open Subdued    and  remain So till about 9.50AM  and remain Better   thereafter till about 1.30 PM and could remain  Subdued thereafter towards  end of the day.
 
Astro Technical Trading Strategy...

If Nifty fut trades  below   ATP by about 10.00 AM Long Positions can be taken with suitable SL and Such positions can be closed by about  1.30 PM.  If Nifty Fut trades below   ATP by about 1.45 PM, Short  Positions can be taken with suitable SL and such Positions can be  closed by about end of the day.

Technical Levels...

Resistance  : 10355,10390   Support : 10275 ,10240



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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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