Second Half Crucial
for the week between 07.01.2019 - 11-01-2019
NIFTY : 10727 (-133)
Nifty traded in a wide range of 10924 to 10629 during last week and closed nearer to the Low range for the week at 10727 with a Loss of about 133 Points and made a Negative weekly close.
- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about
10776, 10646, 10886 and 10786 respectively and would act as Supports and Resistances.
-
Nifty is trading only above 50 DMA but again came below all other DMAs. 50 DMA has come below 200 DMA (Death Cross) suggesting that the Long term outlook has become Bearish.
- The
short term trend has become Normal and Medium Term is Bullish. It
is Bearish for Long Term Trend. Short Term would be Bearish if it
closes below 10600 by the Weekend.
Technical Levesl...
Breakout level : 10900 Breakdown level : 10600
Bullish above 10800 with Resistance at 10875, 10950
Bearish below 10650 with Supports at 10575, 10500
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 Uttarashadha 3 rd Pada in Capricorn to Poorvabhadra 1st Pada in Aquarius .
- Sun transits in Poorvashadha 3rd to 4th Pada in Sagittarius.
- Mercury transits from Moola 2nd Pada to Poorvashadha 1st Pada in Sagittarius.
- Venus transits in Anuradha 1st to 2nd Pada in Scorpio.
-
Mars transits in Uttarabhadra 2 nd to 3rd Pada in Pisces.
- Saturn transits in Poorvashadha 2nd Pada in Sagittarius and moves in Virgo Navamsa.
- Jupiter transits in Jyestha 2nd Pada in Scorpio and transits Carpicorn Navamsa.
- Rahu transits in Punarvasu 4th Pada in Cancer and Ketu transits in Uttarashadha 2nd Pada in Capricorn.
------------------------------
ASTRO TECHNICAL GUIDE FOR NIFTY
for January 7, 2019
Forenoon Better
Tithi : Pushya Sukla Vidiya
Nakshatra : Uttarashadha
Persons born in Aardra, Swati, Satabhisham and those born in Aquarius and Gemini are advised to be alert in their dealings.
NIFTY : 10,672.25 (-120.25)
Sensitive/Trend change Timings : 11.50; 1.49
Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market
is expected to Open Subdued from Opening till about 10.10AM and remain
Better thereafter till about 1.20 PM. Market is expected to be
Subdued thereafter from 1.30PM till about Close of the day.
Astro Technical Trading Strategy for the day...
If
Nifty fut trades Better than ATP by about 10.15 AM Long Positions can
be taken with suitable SL and Such positions can be closed by about
1.15 PM. If Nifty Fut. Trades Lower than ATP by about 1.30 PM Short
Positions with suitable SL can be taken and closed by about end of the
day.
Technical Levels...
Resistance : 10770,10805 Supports : 10685 ,10650
------------------------------
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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