ASTRO TECHNICAL GUIDE FOR NIFTY

Mid Session Better… !!!

(for Monday, 22.02.2016)

Tithi :: Magha Sukla Pournima 

Nakshatra ::  Makha  (Moon in  Leo) .

Persons   born in    Rohini, Hastha and Sravana   constellations and
Virgo and Capricorn Zodiac signs are advised to be alert in their
dealings.
Sensitive / Trend change Timings for the day

10.20am; 11.52am,12.15pm,

Likely Intraday Trend
On the basis of planetary position and aspects amongst planets,
Market is expected to remain subdued in the opening and recover between 10.20am to 12.15pm and to remain steady thereafter and become weak after 2.25pm.

Astro Technical Trading Strategy for the day

After 10.15 am,   if Nifty fut trades  above the Open Price/ above Average Traded Price, long positions  can be taken with  Low level  as stop loss and such
positions may be closed by about 12.15pm., Again  after 2.25pm , if Nifty futures trades below   the Average Traded Price, Short  positions may be taken with about 20 points above the ATP as stop loss and to be closed by end of the day.

Open level is important for intraday trading and generally, intraday
short positions are suggested  below   Day’s open level only and vice
versa.

Stop loss is a must for intraday trading.

Technical Levels for the day

Resistance around 7270 ,  7320: Support  around  7150, 7100  for the day.

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.