WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

Outlook for the Week 30.01.2017 to 03.02.2017

Nextweek Range is crucial for Februay Series

NIFTY :: 8641 (+ 342)

Nifty traded in  a  wide range of 8327  to 8673  during last week and closed at the Upper  end  for the week at 8641   with a GAIN  of 342 Points, a gain of  about 4 %. Market gained well and gained 127 points on Wednesday. The Budget Proposals  could provide the required guidance for market. It would be crucial and sector specific movements will be felt.

- The short term trend has turned Up. It is Neutral for Medium and Long term, short term could be quite volatile. Unless Nifty comes and closes below 8350.

- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 8355, 8201, 8442 and 8327 respectively and would act as  Supports  and Resistances as Nifty is trading abpve all the averages.

- 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 and hence can be considered neutral even for Long term too..

Technical Levels...

Breakout level : 8725                 Breakdown level : 8500

- Bullish above 8715 with Resistance at  8790, 8865, 8935 

- Bearish below 8570 with Supports at 8500, 8430,8360.

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 Satabhisham 2  nd  Pada in Aquarius   to Aswini 4 th  Pada in Aries.

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

- Mercury  transits from Poorvsdhadha 4 th   Pada to Uttarashadha 2 nd  Pada  in Capricorn.

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

- Mars transits in Uttarabhadra 2 nd   Pada in Pisces to Uttarabhadra 3 rd    Pada in Pisces.

- Saturn  moves to Sagittarius and transits 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 would be transiting between  Aquarius and Pisces between Monday and Thursday and .Next week’s High is important and if the High is crossed in the following week, it would become Bullish. Alternatively, if the Low is breached, it would become Bearish.

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for Monday...

Volatile Movements

Tithi ::Magha Sukla Triteeya

Nakshatra ::Sathabhisham

Persons born in Aslesha, Jyeshta and Revathi constellations  and those born in Pisces and Scorpio are advised to be alert in their dealings.

Sensitive / Trend change Timings : 11.05 AM;

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open Steady and remain  Betterfrom 9.30 to 11 AM  and remain subdued from 12.45 PM  till about 2.40 PM   and remain Better thereafter once again.

Astro Technical Trading Strategy...

If Nifty Fut. Trades above   ATP by  9.45 AM . Long Positions can be taken with suitable level as  SL, and such positions can be closed by about 11 A M.  If Nifty Fut trades beow the  ATP by about 12.45 PM, Short   Positions can be taken with Suitable SL and such positions can be closed by about 2.30 PM.

Technical Levels...

Resistance : 8680, 8715 Support : 8600, 8565

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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.

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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..