Thursday, May 4, 2017

ASTRO TECHNICAL GUIDE FOR NIFTY

for 05, May 2017

Second Half Subdued

Tithi :: Vaisakha Sukla Dasami

Nakshatra::Pubba

Persons born in Mrigasira, Chitta and Dhanishta constellations and those born in Virgo and Capricorn are advised to be alert in their dealings.

Sensitive / Trend change Timings : 11.15 AM;

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open Steady / Better and remain generally Better upto 12.45 PM and remain subdued thereafter.

Astro Technical Trading Strategy...

If Nifty Fut. Trades above ATP/ Open level by about 9.30 AM , Long Positions can be taken with suitable SL, and such positions can be closed by about 12.45 PM. If Nifty Fut trades below ATP by about 1 PM, Short Positions can be taken with suitable SL,and such positions can be closed by about end of the day.

Technical Levels...
Resistance : 9400, 9435 Support : 9320, 9285
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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 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 trading is risky and Astro guidance is to be depending on intraday movements . applied depending on the real time market movement. and used as an additional tool in addition to technicals and adapted.

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 with stop loss. Stay Disciplined for Successful Trading and Investing.
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