WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

for the Week 08.03.2016 to 11.03.2016

Weekly Range crucial for next Three weeks

NIFTY :: 7475 (+ 445)

Nifty had a wonderful week during which it had gained more than 6.5%, one of the best weeks since 2011.

Last week was a wonderful week which has reset the market trend. Current week range is quite crucial for the market for the next Three Weeks. As the market has entered a new range, investors should be quite cautious.

During the Current week commencing from Tuesday, Moon would be transiting from Sathabhisham in Cancer to Revathi in Pisces. During the week the High and the Low Prices of Nifty would be the reference range and above the High of the Range, it would be Bullish and Below the Low of the Range it would be Bearish.

20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 7174, 7421, 7683 and 7952.  respectively and would act as  resistances as Nifty is trading  below the Long term  Moving Averages.

While Nifty continues to trade below   the  200 DMA and 50 DMA too is  below   200 DMA (Death  Cross) suggesting that the Long term Bearish  trend is   in  tact

Technical Levels ::

Bullish above 7550 with Resistance at  7625, 7700, 7775

Bearish below 7400 with Supports at 7325, 7250, 7175

Breakout level 7600 : Breakdown level 7300

Planetary Position...

- Moon would be transiting  from  Sathabhisham  2 nd   Pada    in Aquarius  to Revathi 4 th   Pada in Pisces.     

- Sun transits in   Poorvabhadra 2 nd   Pada in Aquarius to P Bhadra 3 rd    Pada  in Aquarius.

- Mercury transits in Sathabhisham  2 nd    Pada in Aquarius    to Sathabhisham 3 rd    Pada in Aquarius.

- Venus transits in  in Dhanishta 3 rd    Pada    to  Dhanishta 4 th  Pada in Aquarius .

- Mars transits in  Anuradha 2 nd     Pada in Scorpio..

- Saturn  transits in  Jyeshta 2 nd Pada in Scropio sign and in Capricorn Navamsa .

- Jupiter , gets into Retrograde motion and transits in  Leo in  Pubba 4 th   Pada and Pubba 4 th Pada in  Leo and  Scorpio    Navamsa .

- Rahu and Ketu transit in Leo and Aquarius.

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Second Half  Better !!!

for Tues day, 08.03.2016 ::Astro Info:: Tithi :: Magha Bahula Amavasya Nakshatra ::  Sathabhisham (Moon in Aquarius ) .

Persons   born in    Jyeshta, Aslesha and Revathi   constellations and Pisces and Cancer    Zodiac signs are advised to be alert in their dealings. Sensitive / Trend change Timings for the day ::12.45pm

Likely Intraday TrendOn the basis of planetary position and aspects amongst planets, Market is expected to open generally subdued  and recover from 1.00 pm to 3.00pm.,

Astro Technical Trading Strategy

 After 1.00 pm,   if Nifty fut trades  above   the ATP(Average Traded Price) , Long positions  can be taken with  stop loss of about 20 points below the ATP and  such positions may be closed by about 3.00pm.,

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 7545, 7600 and Support  around  7425, 7360  for the day.

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.