ASTRO TECHNICAL GUIDE FOR NIFTY

(for Thurs day, 25.02.2016)

Forenoon Better and Bearishness in the Closing Hour
Astro Info:: Tithi :: Magha Bahula Thadiya

Nakshatra ::  Uttara   & Hastha (Moon in Virgo) .

Persons   born in    Aardra, Swathi and Sathabhisham  & Punarvasu, Visakha and P Bhadra constellations and Libra and Aquarius  Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings for the day ::12.22 PM, 2.40 PM

Likely Intraday Trend for 25.02.2016::
On the basis of planetary position and aspects amongst planets, Market is expected to open generally steady and remain upto 12.20pm and remain with dual movements thereafter (bearish movement in the last One hour). Being last day of F&O clearing scrip wise movements are most likely.

Astro Technical Trading Strategy

After 9.30am,   if Nifty fut trades  above the Open Price, long positions  can be taken with  Low level  as stop loss and such positions may be closed by about 12.15. After 1.30pm, if Nifty is trading below ATP, Short positions may be taken with a Stop loss of about 20 points and to be closed by about 3.15 pm.

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 7080, 7140 and Support  around  6950, 6900

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.