WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

for 11th May 2016

Closing Subdued !           

Astro Info:: Tithi :: Vaisakha Sukla Panchami

Nakshatra ::  Punarvasu    (Moon in Gemini )

Persons   born in  Aswini, Makha and Moola     constellations and Cancer and Scorpio     are advised to be alert in their dealings.  

Sensitive / Trend change Timings : 10.30AM; 10.52AM

Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected to open steady / subdued  and remain so till about 10.15 AM and recover thereafter till about 12.30PM and could remain  subdued thereafter till the end of the day.

Astro Technical Trading Strategy...

After 10.30 Am, If Nifty fut. Trades above  the  Open Level / Average Traded Price, Long  Positions can be taken with Low Level as Stop Loss and such positions may be closed by about 12.30 PM. After 1.00PM,if Nifty fut trades below  ATP, short  positions can be taken with suitable Stop loss and those positions may be closed by end of the day.

Technical Levels...

Resistance around 7925, 7960  and Support  around  7845, 7810

---------------------------------------

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.

Disclaimer...

Intraday trading is risky and Astro guidance is to be depending on intraday movements . applied depending on the real time market movement.  used as an additional tool in addition to technicals and adapted  Technical portion. Loss / Gain in market depends on Individual natal chart.  Creator only knows what is going to happen and astrologer can only indicate what is likely to happen.

Investment decisions made on the above analysis would be at your own risk and I take no responsibility for your decisions based on the above analysis.'

Trade only with stop loss..

Stay Disciplined for Successful Trading and Investing..

--------------------------