ASTRO TECHNICAL GUIDE FOR NIFTY

for 31, August 2016

Midsession Subdued          

Tithi ::Sravana Bahula Chaturdasi

Nakshatra ::Makha

Persons born in Rohini , Hastha and Sravana  constellations and Virgo and Capricorn   are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day :: 9.46AM;  1.15PM;

Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected to open steady      and remain so till about 12 PM and become subdued from 12 PM  till about 2.15 PM  and remain better after 2.30 PM till about end of the day.

Astro Technical Trading Strategy...

After 12 PM, if Nifty fut trades below the   Average Traded Price(ATP)/ , Open Price, Short    positions can  be taken with suitable   Stop Loss  and such positions can be closed by about 2PM.  After about 2.30 PM, if Nifty Futures trades above ATP, Long Positions can    be taken with suitable Stop Loss and such positions can     be closed by about end of the day.

Technical Levels...

Resistance : 8785, 8820, Support : 8705, 8670

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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..

- Dr. Bhvanagiri Amaranatha Sastry,

Astro Technical Analyst