WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

Second Half of the Week Crucial  

for the Week 10.10.2016 to 14.10.2016

NIFTY :: 8698 ( + 87)

Nifty traded in  a wide range of 8807 to 8635  and closed nearer to the lower end of the range at 8698   

with a  gain  of 87 Points,  a gain about 1%, the main reason for gain   being the new F&O month and also the expectation from RBI Credit Policy.

Market had closed with a slightly positive outlook  with a gain of 1% i.e., 87 points . Current week, being a truncated week with only 3 working days, market may not have proper continuity.  Technically too a correction which has been overdue appear to have come up. Unless Nifty comes and closes above 8800, correction would persist.

- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 8752, 8701, 8452 and 8013 respectively and would act as  Supports  and Resistances as Nifty is trading  above the Long term   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 : 8825, Breakdown level : 8575

Bullish above 8775 with resistance at 8850, 8925, 8970

Bearish below 8625 with Supports at 8550, 8475,8400.

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Planetary Position

- Moon would be transiting  from Uttarashadha 3 rd  Pada in Capricorn   to Poorvabhadra 4 th  Pada in Pisces .

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

- Mercury  transits from  Hastha 1 st    Pada in Virgo     to Hastha 3 rd  Pada in Virgo .

- Venus transits from Visakha 2 nd     Pada in Libra    to Visakha 4 th   Pada in Scorpio.

- Mars transits in  Poorvashadha 1 st    Pada to Poorvashadha 2 nd   Pada in Sagittarius .

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

- Jupiter   transits in    Hastha 1 st Pada and  in Aries  Navamsa to Hastha 2 nd  Pada and in Taurus   Navamsa.

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

Moon would transit from Aquarius and Pisces during October 13 th and 14 th and the range that is established would be crucial for the next Three weeks and It would become further Bullish if it crosses the High and Bearish if it crosses the Low of the range of 13^th and14th.

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for Monday...

 

Forenoon Better

Tithi ::Aswayuja Sukla  Navami

Nakshatra ::Uttarashadha

Persons   born in  Aardra, Swathi and Sathabhisham constellations  and those born in Aquarius and Gemini  are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day :: 1.25 PM;

Likely Intraday Trend for 10.10.2016::

On the basis of planetary position and aspects amongst planets, Market is expected to open steady / Better  and remain better till about 1.30 PM and may remain subdued from 1.45 PM onwards.

Astro Technical Trading Strategy...

After 9.30AM, if Nifty fut trades above     the Open Price /Average Traded Price (ATP), Long   positions can be taken with Low  as Stop Loss and such positions can be closed by about 1.30PM. After 1.45 PM, if Nifty futures trades below the ATP, short positions can be taken with suitable stop loss and can be closed by about end of the day.

Technical Levels...

Resistance : 8740, 8775, Support  around 8660, 8625

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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..