ASTRO TECHNICAL GUIDE FOR NIFTY

Dual Movements / Forenoon Session Better… !!!          

for Fri day, 04.03.2016 ::
Astro Info:: Tithi :: Magha Bahula Dasami

Nakshatra ::  Poorvashadha    (Moon in Sagittarius)

Persons   born in    Mrigasira, Chitta and Dhanishta   constellations and Capricorn, Taurus   Zodiac signs are advised to be alert in their dealings.
Sensitive / Trend change Timings :9.25am,11.25 am; 2.10pm

Likely Intraday Trend ::
On the basis of planetary position and aspects amongst planets, Market is expected to open generally better and remain so till about 12.30pm      and remain subdued from 1.30 pm.

Astro Technical Trading Strategy

After 9.30am,   ifNifty 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 7535, 7600 and Support  around  7415, 7350

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.