TECHNICAL GUIDE FOR NIFTY

for 16, February 2017

Second Half  Better

Tithi ::Magha Bahula Shashti

Nakshatra : Chitta and Swathi.

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

Sensitive / Trend change Timings :  1.40 PM

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open Steady/Subdued and remain subdued till about 12.15 PM  and remain Better till about close of the day.  

Astro Technical Trading Strategy...

If Nifty Fut. Trades below  ATP by 9.30  AM, Short  Positions can be taken with suitable   SL, and such positions can be closed by about 12 PM. If Nifty Fut trades above    the  ATP by about 12.30 PM , Long   Positions can be taken with suitable SL and such positions can be closed by about end of the day.

Technical Levels...

Resistance : 8765, 8800 Support : 8685, 8650

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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..