WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

Outlook for the Week 20.2.2017 to24.02.2017

Scrip Specific Movements

NIFTY :: 8822 (+ 28)

Nifty traded in a range of 8713  to 8896 during last week and closed at the

Middle end  for the week at 8822   with a GAIN  of 28  Points,  a gain    of  about 0.3%. Market gained about 28  points during the week despite a loss of more than 68 points on Wednes  day.

- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 8683, 8304, 8412 and 8392 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 : 8960 Breakdown level : 8700

Bullish above 8890 with resistance at 8960, 9040, 9100

Bearish below 8760 with Supports at 8700, 8630 ,8560.

Advice for Traders ::

Market had closed with a  positive   outlook  with a Gain of about 0.3% i.e.,28 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 8700.

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 Jyeshta 2 nd  Pada in Scorpio    to Sravana 2 nd Pada in Capricorn.

- Sun transits from  Sathabhisham 1 st   Pada  to Sathabhisham 2^nd  Pada in Aquarius.

- Mercury  transits from Dhanishta 1 st   Pada in Capricorn  to Dhanishta 3 rd Pada  in Aquarius.

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

- Mars transits in   Revathi 2 nd   Pada in Pisces to Revathi 3 rd  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 Next Monday and Wedneday and   if the  High is crossed later on in the Week, it would become Bullish.

If the Low is Breached on Thursday/ Fri day, it would become Bearish.

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Forenoon Better (for Monday)

Tithi ::Magha Bahula Navami

Nakshatra : Jyeshta

Persons born in Krittika, Uttara and Uttarashadha constellations and those born in Sagittarius and Aries are advised to be alert in their dealings.

Sensitive / Trend change Timings ::  11.30 AM;

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open Steady/Better and  remain Better till about 12.20 PM and remain subdued till about 2.30 PM and remain Better thereafter  till about close of the day.

Astro Technical Trading Strategy...

If Nifty Fut. Trades below  ATP by 9.30  AM, Long Positions can be taken with suitable   SL, and such positions can be closed by about 12.15 PM. If Nifty Fut trades below    the  ATP by about 12.30 PM , Short   Positions can be taken with suitable SL and such positions can be closed by about 2.15 PM.

Technical Levels...

Resistance : 8860, 8895 Support : 8780, 8750

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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..