WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

for the Week 23.01.2017 to 27.01.2017

Buy on Decline

NIFTY :: 8349  ( - 51)

Nifty traded in  a  narrow range of 8340  to 8460  during last week and closed at the Lower end  for the week at 8349   with a Loss of 51 Points,  a loss   of  about 0.6 %. Market was in a narrow to negative  zone and lost about 85 points on Friday itself. This week being the last week of Derivative settlement, scrip specific movements are most likely. The Budget Proposals could provide the required guidance for market.

- The short term trend has turned Up. It is reasonably Bearish for Medium and Long term, short term could be quite volatile. Unless Nifty comes and closes below 8250.

- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 8253, 8170, 8430 and 8310 respectively and would act as Supports and Resistances as Nifty is trading only below 100 DMA.

- Nifty continues to trade above the  200 DMA and also  the 50 DMA but  50 DMA has come below 200 DMA (Death Cross has come towards last month end) suggesting that the Long term outlook has become Bearish but Nifty continues to trade above both the Averages.

Technical Levels...

Bullish above 8410 with resistance at  8470, 8530, 8600

Bearish below 8285 with Supports at 8220, 8155,8090.

Breakout level : 8475, Breakdown level : 8225

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.

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Planetary Position...

- Moon would be transiting  from Anuradha  2 nd  Pada in Scorpio  to Uttarashadha 3 rd Pada in Capricorn.

- Sun transits from  Uttarashadha 4 th  Pada  to Sravana 2 nd  Pada in Capricorn.

- Mercury  transits from Poorvsdhadha 1 st  Pada to Poorvashadha 3 rd Pada  in Sagittarius .

- Venus transits from  Poorvabhadra 2 nd  Pada in Aquarius  to Poorvabhadra 3 rd   Pada in Aquarius.

- Mars transits in   Poorvabhadra 4 th   Pada in Pisces to Uttarabhadra 1 st   Pada in Pisces.

- Saturn   transits in  Jyeshta 4 th   Pada in Scropio sign and in Pisces Navamsa to Moola 1 st Pada in Sagittarius Navamsa .

- Jupiter   transits in     Chitta 2 nd  Pada in Virgo and in Virgo   Navamsa.

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

Moon transited  between Aquarius and Pisces in a range of 8134 and 8307 would be crucial for the next Three weeks w.e.27.1.2017 and since  the High is Crossed and achieved the First Target, it did not cross the last week’s High and moved in a narrow range last week. Current week  is the last week and market could behave within 8300 and 8450.

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for Monday...

Generally Subdued

Tithi ::Pushya Bahula Ekadasi

Nakshatra ::Anuradha

Persons   born in  Bharani , Pubba and Poorvashadha constellations and those born in Sagittarius and Aries are advised to be alert in their dealings.

Sensitive / Trend change Timings :11.40 AM; 1.55PM;

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open Steady    and remain subdued from 9.30 Am to 2.30 PM and could remain steady / recoverately thereafter.

Astro Technical Trading Strategy...

If Nifty Fut. Trades below    ATP by 10 AM  . Short  Positions can be taken with suitable   SL, and such positions can be closed by about 2/30 PM.

Technical Levels...

Resistance : 8390, 8425 Support : 8310, 8275

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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..