Current Week Trend Decisive for the Month
for the week between 01-05 April, 2019
NIFTY : 11,624 (+167)
Nifty traded in a range of 11630 to 11312 with a gain of 167 Points during last week and made Positive weekly close for 6th consecutive week.
- During the next week, Nifty would transit between Aquarius and Pisces Sign in Dhanishta and Revati constellations. If the High of this range is crossed subsequently, it would be Bullish and vice versa.
- 20 DMA, 50DMA, 100DMA, 200 DMAs are placed at about 11291, 11013, 10874, 10927 respectively and they would act as Supports and Resistances.
- Nifty again came above all DMAs. 50 DMA also came above 200 DMA (Golden Cross) suggesting that the Long term outlook has become Bullish again. Short Term would bearish if it closes below 11450 by the Weekend.
Technical Levesl...
Breakout level : 11775 Breakdown level : 11450
Bullish above 11700 with Resistance at 11775, 11850
Bearish below 11550 with Supports at 11475, 11400
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 Dhanishta 3 rdPada in Aquarius to Revati 2 nd Pada in Pisces.
- Sun transits from Revathi 1st to 3rd in Pisces.
- Mercury transits in Poorvabhadra 1st to 2nd Pada in Acquarius.
- Venus transits from Satabhisham 1st to 4th Pada in Aquarius.
- Mars transits from Krittika 3rd to 4th Pada in Taurus.
- Saturn transits in Poorvashadha 4th Pada in Sagittarius and moves in Scorpio Navamsa.
- Jupiter transits in Moola 1st Pada in Sagittarius and transits Aries Navamsa.
- Rahu transits in Punarvasu 3 rd Pada in Gemini and Ketu transits in Uttarashadha 1st Pada in Sagittarius
------------------------------
Second Half Better (for Monday
Tithi : Phalguna Bahula Dwadasi
Nakshatra : Dhanista
Persons born in Pushyami, Anuradha, Uttarabhadra and in Acquarius, Gemini are advised to be alert in their dealings.
Sensitive/Trend change Timings : 12.40
Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected Open Steady from Opening till about 10.25 AM and remain Subdued till about 12.35 PM and could remain Better till about 2.50PM and remain Steady till about Close of the day.
Astro Technical Trading Strategy for the day...
If Nifty fut trades below ATP by about 10.30 AM Short Positions can be taken with suitable SL and Such positions can be closed by about 12.15 PM. If Nifty fut trades above ATP by about 12.30 PM, Long Positions can be taken with suitable SL and Such positions can be closed by 2.45 PM.
Technical Levels...
Resistance : 11665,11700 Supports : 11580,11535
------------------------------
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..
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..
