Wednesday, March 2, 2016

ASTRO TECHNICAL GUIDE FOR NIFTY

for Wednes day, 03.03.2016

Dual Movements / Forenoon Session Better!!! 
Astro Info:: Tithi :: Magha Bahula Navami

Nakshatra ::  Moola   (Moon in Sagittarius) .

Persons   born in    Rohini, Hastha and Sravana   constellations and Capricorn, Taurus   Zodiac signs are advised to be alert in their dealings. Combination of Tithi and Week day does not augur well.
Sensitive / Trend change Timings for the day ::10.40am,1.35 pm;

Likely Intraday Trend
On the basis of planetary position and aspects amongst planets, Market is expected to open generally subdued  and recover from 9.30 to 11.30 and remain steady  till 1.30pm and might remain subdued thereafter.

Nifty @ 7,368.85 (+146.55)

Astro Technical Trading Strategy...

After 9.30am,   if Nifty fut trades  above   the Open Price /ATP(Average Traded Price) , Long   positions can be taken with  Low  level  as stop loss and such positions may be closed by about 12.30pm.,  After 1.30 pm, if Nifty trades below the ATP, short  positions can be taken to closed by end of the day.

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 7430, 7490 and Support  around  7310, 7250


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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