WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

Outlook for the Week 27.3.2017 to 31.03.2017

First Half Range Crucial

NIFTY :: 9108 (- 52)

Nifty traded in a narrow range of 9019 to 9168 during last week and closed at the Middle range for the week at 9108 with a LOSS of 52 Points, a Loss of about 0.55%. Market gained about 56 points on Thursday during the week with a net loss of about 52 points during the week.

Market had closed with a light negative positive outlook with a Loss of about 0.55% i.e.,52 points . The short term trend has turned Up. It is Bullish both for Medium and Long term, short term could be quite Bullish Unless Nifty comes and closes below 8950.

- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 9006, 8787, 8487 and 8522 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 and 50 DMA too has come above 200 DMA (Golden Cross has come about Five weeks back) suggesting that the Long term outlook has become Bullish and Nifty continues to trade above both the Averages and hence can be considered Bullish for Long term too.

Technical Levels...

Breakout level : 9200 and the Breakdown level : 8950

Bullish above 9175 with Resistance at 9250, 9325

Bearish below 9040 with Supports at 8965, 8900 ,8825.

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.

-----------------------------------------

Planetary Position...

- Moon would be transiting from Poorvabhadra 3 rd Pada in Aquarius  to Krittika 2 nd Pada in Taurus.

- Sun transits from  Uttarabhadra  3 rd  Pada in Pisces to Revathi 1 st Pada in Pisces .

- Mercury  transits from Aswini 1 st  Pada to Aswini 2 nd Pada  in Aries.

- Venus, in Retro motion,  transits from  Uttarabhadra 2 nd  Pada in Pisces   to Uttarabhadra. 2 nd   Pada in Pisces.

- Mars transits in  Bharani 2 nd    Pada in Aries to Bharani 3 rd  Pada in Aries.

- Saturn, in  Sagittarius,  transits in  Moola 2 nd  Pada  to Moola 2 nd Pada in Capricorn Navamsa.

- Jupiter transits in Chitta 1 st Pada in Virgo and in Leo Navamsa.

- Rahu and Ketu transit in Leo and Aquarius and in Gemini  and Sagittarius  Navamsas.

Moon would transit between Poorvabhadra and Revathi in Aquarius and Pisces between Monday and Wedneday next Week . If the High of this range is crossed, it would become Bullish and on the other hand, if it breaches the Low, it would become become Bearish.

-------------------------------------------

Closing Subdued (for Monday)

Tithi ::Phalguna Bahula Amavasya

Nakshatra: Poorvabhadra.

Persons born in Aswini, Makha and Moola constellations  and those born in Aries and Leo are advised to be alert in their dealings.

Sensitive / Trend change Timings : 9.40 AM; 9.55 AM;

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open Steady/ Subdued and remain Better  from 10.00 AM to 12.00 PM and remain Subdued thereafter and could remain weak in the  closing Hour.

Astro Technical Trading Strategy...

If Nifty Fut. Trades above   ATP by about 10.00 AM, Long  Positions can be taken with suitable   SL, and such positions can be closed by about 12.00 PM; If Nifty fut trades below by 2.30 PM, Short Positions can be taken with suitable SL , and such Positions can be closed by end of the day.

Technical Levels...

Resistance : 9145, 9180 Support : 9070, 9025

---------------------------------

- 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..