Monday, February 22, 2016

ASTRO TECHNICAL GUIDE FOR NIFTY

MID SESSION BETTER
Astro Info:: Tithi :: Magha Bahula Padyami
Nakshatra ::  Pubba   (Moon in  Leo) .

Persons   born in    Mrigasira, Chitta and Dhanishta constellations and Virgo and Capricorn Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings : 11.05am,1.10pm,

Likely Intraday Trend
On the basis of planetary position and aspects amongst planets, Market is expected to remain steady in the opening session and recover between 11.05am to 1.10pm and to remain steady thereafter.

Astro Technical Trading Strategy
After 11 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 1.00pm.

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 7290 ,  7350 : Support  around  7170, 7110

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 applied depending on the realtime market movement.  Technical portion and astrological portion given above should be considered together and applied for taking proper trading decisions.

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