for
the Week 30.05.2016 to 03.06.2016
“Monday to Wednesday Nifty Range”
Reference Range for the Next Three Weeks !
NIFTY
:: 8157 (+ 407)
Nifty
traded in a highly Bullish mode and cleared all the hurdles and
closed well above 200 DMA with a gain of about 5%.
Nifty
,having cleared all the hurdles is at several month High and current
week too is quite Bullish.
Monthly
Astro range also comes during the first half of the week i.e., Monday
and Wednesday., and it would be Bullish above these 3
days’ range and Bearish below lower end of this range.
-
20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 7842, 7768,
7578 and 7796 respectively and would act as Supports as
Nifty is trading above all the Moving
Averages.
-
While Nifty continues to trade above the 200
DMA but 50 DMA too is below 200 DMA (Death Cross)
suggesting that the Long term Bearish trend is
in neutral mode (likely to turn into Bullish mode
this week).
Technical
Levels...
Bullish
above 8225 with Resistance at 8300, 8375,8450
Bearish
below 8075 with Supports at 8000, 7925,7850
Breakout
level : 8350, Breakdown level : 8000
Advice
for Traders :
Weekly
Open level is very important for the entire week. Long
positions may be considered as long as it maintains above the
Weekly open level
Planetary
Position...
-
Moon would be transiting from Poorvabhadra 2 nd Pada
in Aquarius to Bharani 4 th Pada
in Aries.
-
Sun transits from Rohini 2 nd Pada in Taurus to
Rohini 3 rd Pada in Taurus .
-
Mercury transits from Bharani 3 rd Pada in Aries to
Bharani 4 th Pada,
-
Venus transits from Rohini 1 st Pada in Taurus to
Rohini 3 rd Pada in Taurus .
-
Mars, in Retrograde motion, transits in Anuradha 1 st
Pada in Scorpio.
-
Saturn, in Retrograde motion , transits in Jyeshta
1 st Pada in Scropio sign and in Sagittarius Navamsa .
-
Jupiter transits from Pubba 2 nd Pada to
Pubba 3 rd Pada in Leo and from Virgo Navamsa
to Libra Navamsa .
-
Rahu and Ketu transit in Leo and Aquarius.
During
the week, Moon transits in Aquarius and Pisces during Monday to
Wednesday and the range between these days shall be kept as a
reference for the Next Three weeks and shall be Bullish above the
High and Bearish below the Low .
---------------------------
First
Half Better (for
Monday)
Tithi
:: Vaisakha Krishna Navami
Nakshatra
:: Poorvabhadra
Persons
born in Aswini , Makha and Moola constellations
and Pisces and Cancer are advised to be alert
in their dealings.
Sensitive
/ Trend change Timings : 2.50 PM
Likely
Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected to open steady / Better and remain so till about 1 PM and could remain flat to Bearish till the end of the day.
Astro
Technical Trading Strategy ...
After
9.30AM, 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 AM.
Technical
Levels...
Resistance
around 8200, 8230 and Support around 8110, 8075
No comments:
Post a Comment