for the Week 03.4.2017 to 07.04.2017
First
Half Range Crucial
NIFTY
:: 9174 (+ 66)
Nifty
traded in a narrow range of 9025 to 9183 during last week and closed
at the Upper end of the range for the week at 9174 with a Gain of 66
Points (a Loss of about 0.70%.). Market gained about 66 points
through out the week despite a loss of 63 points on Monday. Market
had closed with a light positive outlook.
-
20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 9046, 8844,
8511 and 8536 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 Six
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.Short term could be quite
Bullish unless Nifty comes and closes below 9025.
Technical
Levels...
Breakout
level : 9325 Breakdown : 9025
Bullish
above 9250 with Resistance at 9325, 9400
Bearish
below 9100 with Supports at 9025, 8950
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.
----------------------------------
-
Moon would be transiting from Aardra 2 nd Pada in Gemini to Makha 3
rd Pada in Leo.
-
Sun transits from Revathi 1 st Pada in Pisces to Revathi 3 rd Pada in
Pisces .
-
Mercury transits from Aswini 3 rd Pada to Aswini 4 th Pada in Aries.
-
Venus, in Retro motion, transits from Uttarabhadra 1 st Pada in
Pisces to Uttarabhadra. 1 st Pada in Pisces.
-
Mars transits in Bharani 3 rd Pada in Aries to Bharani 4 th Pada in
Aries.
-
Saturn, in Sagittarius, moves to Retro motion during the week,
transits in Moola 2 nd Pada to Moola 2 nd Pada in Taururs 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
transited between Poorvabhadra and Revathi between Aquarius and
Pisces between Monday and Wednesday last Week between 9025 and 9153 .
Since the High of this range is crossed, it had become Bullish and
went upto 9183 and is on its way till 9280.
-----------------------------------------
Mid
Session Better (for Monday)
Tithi
::Chaitra Sukla Sapthami
Nakshatra
: Aardra
Persons
born in Aslesha, Jyeshta and Revathi constellations and those
born in Cancer and Scorpio are advised to be alert in their dealings.
Sensitive
/ Trend change Timings : 12.30 PM;
Likely
Intraday Trend...
On
the basis of planetary position and aspects amongst planets, Market
is expected to open Subdued and remain so till
about 10.15 AM and could remain better till about 12.30PM and remain
subdued thereafter till close of the day.
Astro
Technical Trading Strategy...
If
Nifty Fut. Trades above ATP/ Open level by about 10.15 AM , Long
Positions can be taken with suitable SL, and such
positions can be closed by about 12.30 PM. If Nifty fut trades below
ATP by 1.00 PM , Short positions can
be taken with suitable SL , and such positions can be closed by end
of the day.
Technical
Levels...
Resistance
: 9210, 9245 Support : 9135, 9100
-------------------------------------------
- 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.
- 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..
Trade only with stop loss..
Stay Disciplined for Successful Trading and Investing..
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