ASTRO TECHNICAL GUIDE FOR NIFTY

for 11, August 2016

Opening and Closing Sessions Weak

Astro Info:: Tithi ::Sravana Sukla Ashtami(1.00PM)and Navami thereafter

Nakshatra ::   Visakha

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

Sensitive / Trend change Timings : 10.51AM;11AM;

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 12.00 PM and remain better thereafter  upto about 2 PM and remain steady / subdued thereafter.

Astro Technical Trading Strategy...

After 12PM, if Nifty fut trades above   the  Average Traded Price(ATP), Long    positions can  be taken with Suitable  Level  as    Stop Loss and such positions can be closed by about 2 PM.

Technical Levels...

Resistance : 8620, 8650, Support : 8540, 8515

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- 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..

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Bhuvanagiri Amaranatha Sastry, Astro Technical Analyst...