WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

Outlook for week 26.09.2016 to 30.09.2016

Scrip Specific Movement most likely  

NIFTY :: 8832 (+ 52)

Nifty traded in a range of 8897 to 8742  and closed nearer to the middle Level at 8832 with a  gain  of  52 Points and gained about 0.6%, the main reason for gain being FOMC decision not to raise the interest rates.

Next month, Market would commence from 15 th to 16 th of September and It would become Bullish if it crosses the High and Bearish if it crosses the Low of the range of 15^th and16th ie., 8848 and 8704.

- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 8780, 8676, 8381 and 7976 respectively and would act as Supports  as Nifty is trading  above most of     the Moving Averages.  

- Nifty continues to trade above the 200 DMA and 50 DMA too has come above 200 DMA (Golden   Cross) suggesting that the Long term outlook is  Bullish.

Technical Levels...

Breakout level : 8950 Breakdown level : 8700

Bullish above 8900 with resistance at  8975, 9050, 9125

Bearish below 8750 with Supports at 8675, 8600,8525.

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Planetary Position...

- Moon would be transiting  from Pushyami 4 th Pada in Cancer to Uttara Phalguni 4 th Pada in Virgo .

- Sun transits from  Uttara Phalguni 4 th   Pada in Virgo   to Hastha 2 nd     Pada in Virgo .

- Mercury  transits from  Poorva  Phalguni 3 rd    Pada in Virgo   to Pubba 4 th     Pada in Virgo .

- Venus transits from Swathi 1 st   Pada in Libra    to Swathi 3 rd  Pada in Libra .

- Mars transits in  Moola 2 nd    Pada to Moola 3 rd   Pada in Sagittarius .

- Saturn, in Direct  motion ,   transits in  Jyeshta 1 st   Pada in Scropio sign and in Sagittarius    Navamsa .

- Jupiter   transits in    Uttara 4 th Pada and  in Virgo Navamsa to Hastha 1 st Pada and in Aries  Navamsa.

- Rahu and Ketu transit in Leo and Aquarius and in Virgo  and Pisces  Navamsas,

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(for Monday)

Volatile Movements with Bearish Bias    

Astro Info:: Tithi ::Bhadrapada Bahula Ekadasi

Nakshatra :: Pushyami

Persons born in Bharani , Pubba and Poorvashadha constellations and Leo and Sagittarius Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings : 3;02 pm; 1.40pm

Likely Intraday Trend for 26.09.2016::

On the basis of planetary position and aspects amongst planets, Market is expected to open generally subdued and remain so for most of the day upto 2.30 and could recover after 2.40 PM.,

Astro Technical Trading Strategy...

After 9.30am, if Nifty trades  below  Open Level / Average Traded Price, Short Positions  can be taken with High  Level as Stop Loss and such positions can be closed by about 2.15PM. After 2.45 PM, If Nifty futures tradea above the 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 : 8770 and 8800 Support : 8690 , 8660

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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