ASTRO TECHNICAL GUIDE FOR NIFTY for 1 APRIL 2016

GENERALLY BETTER  

Astro Info:: Tithi :: Phalguna Krishna Navami

Nakshatra ::    Poorvashadha  & Uttarashadha  (Moon in  Sagittarius ) .

Persons   born in  Mrigasira, Chitta and Dhanishta (in the forenoon Session) and Aardra, Swathi and Sathabhisham   constellations and Capricorn and Taurus    Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day :: 2.15 pm;2.40pm ;

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets,
Market is expected to remain generally better for most part of the day and could remain subdued towards very close  of the day(after 3PM).

Astro Technical Trading Strategy for the day ::  After 9.30 AM,  if Nifty futures trades above  the  Open level /   the Average Traded Price (ATP),  Long  positions can be taken with Low  Level as  Stop Loss and such positions can be closed by about 2.45pm.

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...

Resistance around 7785, 7835  and Support  around  7685, 7635

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 and astrological portion given above should be considered together andapplied for taking proper trading decisions.