WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

Bearish below 10725

for the week between  04-02-2019 to 08-02-2019

NIFTY :  10,894 (+113)  

Nifty traded in  a range of 10983 to 10584 during last week and closed nearer to the High of the range for the week @ 10894 with a Gain of about 113  Points and made a positive weekly close. 

- During the current week Nifty would transit through Aquarius and Pisces between Dhanishta-Uttarabhadra and would make a range for the coming 3 weeks. If the high is crossed it is considered Bullish and break the Low it would be considered Bearish.

- 20 DMA, 50DMA, 100DMA, 200 DMAs are placed at about  10824, 10788, 10743, 10845  respectively and would act as Supports and Resistances.  

-   Nifty again came above all the DMAs and 50 DMA has come below 200 DMA (Death  Cross) suggesting that the Long term outlook has become  Bearish. 

-  The Short Term trend and Medium Term outlook again Bullish. Long Term Trend is Bearish. Short Term would be Bearish  if it closes below 10725 by the  Weekend.  

Technical Levesl...

Breakout level : 11000        Breakdown level : 10725

Bullish above 10975  with Resistance at  11050, 11125       

Bearish below 10815 with Supports at 10740, 10665

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 Sravana 1 st Pada in Capricorn to Uttarabhadra 1 st Pada in Pisces.

- Sun transits from Sravana 4 th  Pada to Dhanishta 1 st Pada in Capricorn.   

- Mercury  transits from Dhanishta 1 st Pada  in Capricorn to 3 rd Pada  in Aquarius.

 - Venus transits in Moola 3rd to 4th  Pada in Sagittarius.  

- Mars transits in Revati 4 th Pada  in Pisces to Aswini 1 st   Pada in Aries.

- Saturn transits in Poorvashadha 3rd Pada in Sagittarius and moves in Libra Navamsa.

- Jupiter transits in Jyestha 3rd Pada in Scorpio and  transits Aquarius Navamsa.

- Rahu transits in Punarvasu 4th Pada in Cancer and Ketu transits in Uttarashadha 2nd Pada in Capricorn.

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for February 04, 2019

Forenoon Session Better (for Monday)

Tithi :  Pushya  Bahula Amavasya

Nakshatra : Shravanam

Persons born in  Punarvasu, Visakha, Poorvabhadra and in Capricorn, Taurus are advised to be alert in their dealings.   

NIFTY : 10,830.95  (+179.15)  

Sensitive/Trend change Timings :  9.40

Likely Intraday Trend... 

On the basis of planetary position and aspects amongst planets, Market is expected to Open Better from  Opening till about 9.30 AM  and remain Better thereafter till about  12.40.P M and remain Subdued  thereafter  till about Close of the day.

Astro Technical Trading Strategy for the day...

If Nifty fut trades Better than ATP by about  9.30 AM  Long Positions can be taken with suitable SL and Such positions can be closed by about  12.30 PM.  If  Nifty Fut trades Lower  than  ATP by about 1.00 AM  Short Positions  can be taken with suitable SL   and closed by about end of the day.

Technical Levels... 

Resistance :    10935,10970                   Supports :   10855 ,10820     

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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.. 

How is the JOSH

BJP  asks as Goyal presents interim Budget

From reference to "josh" of Bollywood flick 'Uri', jeering by opposition members to chants of "Modi, Modi" from the BJP, there were varied reactions in Lok Sabha as Finance Minister Piyush Goyal gave his interim budget speech on Friday. Goyal announced various populist measures, including direct cash transfer to farmers and income tax exemptions, all of which were welcomed by thumping of desks by the ruling side.
Attired in a grey jacket and black kurta, Goyal also made it a point to explain some of the key announcements, including those related to income tax sops, in Hindi. Traditionally, finance ministers stick to their written Budget speech.
Goyal paused for almost a minute as the ruling party members continued to cheer and chant "Modi, Modi" and thumped their desks after he announced doubling of income tax exemption limit to Rs 5 lakh from the next fiscal.
Prime Minister Narendra Modi and other senior ministers were also seen thumping their desks.
"It was fun watching Uri. There was a lot of josh (energy) in the movie (Uri movie mein jo maza aaya. Jo Josh tha)," Goyal said while mentioning the future agenda.
This prompted many members, including Law Minister Ravi Shankar Prasad to deliver the movie's dialogue "How is the josh". The finance minister used the word 'josh' twice during the speech.
During the speech, Modi was seen thumping his desk numerous times. After the Budget presentation, Goyal turned towards Modi with folded hands. Soon after, a smiling Modi walked up to Goyal and patted him on his back.
As some opposition members tried to disturb Goyal's speech, the laughter of TMC members -- Idris Ali and Kalyan Banerjee -- rang out aloud in the House prompting the minister to say it reminded him of the Ram Lila.
"Prime Minister Narendra Modi has referred to... probably it reminded of the Ram Lila," Goyal said.
He was apparently referring to Modi's swipe at the then Congress MP Renuka Chowdhary after her loud laughter during his speech in Rajya Sabha last year.
The finance minister, who entered the House around five to seven minutes before the proceedings began, touched the feet of Cabinet colleagues Nitin Gadkari and Uma Bharti, and BJP veteran Shanta Kumar.
Goyal, who is the interim finance minister as Arun Jaitley is in the US for treatment, mentioned him in the beginning of the speech, saying he was "deeply conscious of the absence of Shri Arun Jaitley today".
After finishing the speech, many MPs congratulated Goyal, and as he was walking, he waved at his family members, including wife Seema Goyal, standing in the visitors' gallery. The family members waved back and one of gave the thumbs up.
Congress President Rahul Gandhi was away from the House for a brief period during the Budget presentation. This prompted some BJP members to remark that 'Rahul Baba bhag gaye (Rahul ran away)'. The visitors' gallery was almost full and Rajya Sabha members, including Rajeev Chandrashekhar (BJP), Y S Chowdary (TDP) and Majeed Memon (NCP), were present there. Former Union Minister M J Akbar and former RBI Deputy Governor Narendra Jadhav, who is also a Rajya Sabha member, were also present.
UPA Chairperson Sonia Gandhi, Congress' Chief Whip in the House Jyotiraditya Scindia and Deputy Speaker M Thambidurai were not in the House.