ASTRO TECHNICAL GUIDE FOR NIFTY

for Friday, 18.03.2016

Zig zag Movements  … !!!  

Astro Info:: Tithi :: Phalguna Sukla   Dasami& Ekadasi

Nakshatra ::  Pushyami  1 st Pada    (Moon in Cancer  )

Persons   born in  Bharani, Pubba and Poorva Shadha   constellations and Leo and Sagittarius  Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day :: 9.38AM; 2.48 PM;

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open generally subdued and recover from 12.15 to 2.15pm and again remain subdued towards close.

Astro Technical Trading Strategy...

By 9.30 AM, if Nifty futures trades below the Open lelvel, short positions can be taken with High level as Stop Loss and such positions can be closed by about 12 PM. After 12PM ,    if Nifty fut trades  above   the ATP(Average Traded Price) , Long   positions  can be taken with  about 25 points  as stop loss(from the  entry point)    and  such positions may be closed by about 2 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, 7620 and Support  around  7450, 7400  for the day.