ASTRO TECHNICAL GUIDE FOR NIFTY

for Wednesday

Generally Subdued  … !!!           

Astro Info:: Tithi :: Phalguna Sukla  Ashtami& Navami
Nakshatra ::  Aardra  1 st Pada    (Moon in Gemini  )
Persons   born in  Aslesha, Jyeshta and Revathi  constellations and Cancer and Scorpio   Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings :12.37pm ;1.43 pm;  3.14 pm;

Likely Intraday Trend

On the basis of planetary position and aspects amongst planets, Market is expected to open generally subdued and recover between 12.40pm to 2.30pm and remain steady / subdued thereafter.

Astro Technical Trading Strategy ...

After 9.30 AM , if Nifty futures trades below Open Price / ATP, Short positions can be take with High Level as Stop Loss and such postions can be closed by about 12pm / 12.30pm.  After 12.30PM ,    if Nifty fut trades  above   the ATP(Average Traded Price) , Long   positions  can be taken with  about 25 points  as stop loss    and  such positions may be closed by about 2.30 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...

Resistance around 7570, 7630 and Support  around  7450, 7390 

Strong resistance around 7550/ 7560.

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 and applied for taking proper trading decisions.