WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

Outlook for the Week 13.2.2017 to 17.02.2017

 

Caution at Higher Levels

NIFTY :: 8794 (+ 53)

Nifty traded in  a  narrow  range of 8715  to 8822   during last week and closed at the Middle end  for the week at 8794   with a GAIN  of 53  Points,  a gain    of  about 0.6%. Market gained about 53  points during the week despite a loss of more than 32 points on Tues day. Market had closed with a  positive   outlook  with a Gain of about 0.6% i.e.,53 points . 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 8650.

- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 8591, 8331, 8415 and 8375 respectively and would act as  Supports  and Resistances as Nifty is trading above 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 January  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 : 8875 Breakdown level : 8650

Bullish above 8865 with Resistance at 8935, 9000, 9065

Bearish below 8730 with Supports at 8670, 8600 ,8530.

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 Uttaraphalguni 1 st  Pada in Leo   to Swathi 4 th  Pada in Libra.

- Sun transits from  Dhanishta 3 rd   Pada  to Dhanishta 4 th  Pada in Aquarius.

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

- Venus transits from  Uttarabhadra 3 rd  Pada in Pisces   to Uttarabhadra. 4 th  Pada in Pisces.

- Mars transits in   Revathi 1 st   Pada in Pisces to Revathi 2 nd   Pada in Pisces.

- Saturn, in  Sagittarius,  transits in  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 Gemini  and Sagittarius  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. Since the high is crossed, it became bullish but is yet to reach the target of 8980. During the current week, if last week’s Low is breached, it could give a pause for about a week before it goes up further.

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Forenoon Better (for Monday)

Tithi ::Magha Bahula Triteeya

Nakshatra :: Uttara Phalguni

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

Sensitive / Trend change Timings : 10.05AM; 1.15 PM; 3,10PM

Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected to open Better and remain Better till about 1 PM and remain subdued from 1.10  PM  till about end of the day.

Astro Technical Trading Strategy...

If Nifty Fut. Trades above   ATP by  9.30 AM . Long      Positions can be taken with suitable   SL, and such positions can be closed by about 1 PM.  If Nifty Fut trades beow the  ATP by about 1.15 PM, Short   Positions can be taken with Suitable SL and such positions can be closed by about end of the day.

Technical Levels...

Resistance : 8835, 8870 Support : 8755, 8720

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WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY for 010, February 2017

- 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..