WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

RECOVERY MAY CONTINUE...

 

Nifty Outlook for Next Week :: (14.09.2015 to     18.09.2015) …  

NIFTY :: 7769    (+134)

Nifty gained more than 1.50 % after making a lower low on Tuesday at 7540

20DMA, 50DMA, 100DMA and 200 DMA are placed at about 7957, 8216, 8274 and 8401  respectively and would act as supports / resistances. Nifty is trading  below  all   the  averages  which is a matter of  concern.

While Nifty continues to trade below   the  200 DMA and 50 DMA too is  below   200 DMA (Death  Cross) suggesting that the Bearish  trend is   in    tact.

Technical Levels ::

Bullish above 7875 with resistance at 7950, 8025, 8100

Bearish below 7700 with Supports at 7625, 7550, 7475.

Breakout level 7950, Breakdown level 7500

Advice for Traders ::

Medium term would once again turn bullish only if Nifty is able sustain above 8550 for about Two weeks. Nifty would face  resistance around 8100, above which it will have real bullishness and has strong support around 7500 too.

Planetary Position...

Moon would be transiting  from  Uttara 3rd  Pada  in Leo to Visakha 3 rd Pada in Libra.

Sun transits in  Uttara 1st Pada in Leo   to Uttara 2^nd Pada in Virgo.

Mercury   transits  in Hastha 4th Pada to   . Hastha 4th Pada.  Mercury turns Retrograde from 17^th September till 9^th October 2015. There would be possibility of miscommunication as Mercury rules communication.

Venus transits in Direct motion  in  Aslesha in 2nd  Pada to Aslesha 2^nd  Pada..

Mars transits in  Aslesha 4 th  Pada in Cancer to Makha 1^st   Pada.  In Leo.  .

Saturn moves into Direct motion and transits in   Anuradha constellation in Scropio sign in 1^st Pada  and in Leo Navamsa .

Jupiter ,, transits in  Leo in Makha constellation in 4^th    Pada  in Cancer   Navamsa. To  Pubba 1st Pada in Leo.Navamsa.

Rahu and Ketu continue their transit in Virgo and Pisces respectively.