WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

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 .

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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