WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

Outlook for the Week 24.07.2017 to 28.07.2017

Caution at Higher Levels / Scrip Specific  Movements

NIFTY :: 9915(+29)

Nifty traded in a range of 9792 to 9925 during last week and closed nearer to the Higher end of the range for the week at 9915 with a Gain of 29 Points, (about 0.3%). 27^th July is a Sensitive / Critical Day during the week. Market had closed with a positive outlook.

- The short term trend is Bullish and It is Bullish both for Medium and Long term, Short term could become Bearish if Nifty comes and closes below9800.

- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 9720, 9628, 9388 and 8905 respectively and would act as Supports and Resistances as Nifty is trading above all the Moving averages .

- Nifty continues to trade above the 200 DMA and also the 50 DMA and 50 DMA too has come above 200 DMA suggesting that the Long term outlook has become Bullish and Nifty continues to trade above all the moving Averages and hence can be considered Bullish for Long term too.

Technical Levels...

Breakout level :10000 Breakdown level : 9800

Bullish above 9990 with Resistance at 10050, 10125

Bearish below 9840 with Supports at 9770, 9700.

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 Aslesha 1 st Pada in Cancer to Hastha 2 nd Pada in Virgo.

- Sun transits from Pushyami 2 nd Pada in Cancer to Pushyami 3 rd Pada in Cancer .

- Mercury transits from Magha 2 nd Pada to Makha 3 rd Pada in Leo.

- Venus transits from Mrigasira 2 nd Pada in Taurus to Mrigasira 3rd Pada in Gemini.

- Mars transits in Pushyami 2^nd Pada in Cancer to Pushyami 3 rd Pada in Cancer.

- Saturn moves in Retro motion in Jyeshta 4 th Pada in Scorpio and also moves in Pisces Navamsa.

- Jupiter transits in Hastha 4 th Pada in Virgo and in Cancer Navamsa.

- Rahu and Ketu transit in Leo and Aquarius and in Aries and Libra Navamsas.

Moon transited between Dhanishta and Poorvabhaadra in Aquarius between 12 th July to 14 th July and made a range of 9788 and 9913 (125 points ) and even though the High is crossed it could not go up till the target and it is to be seen this week whether it will go upto 10000 mark or not. Being the last week of derivative expiry, scrip specific movements are most likely.

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Better after Opening Session (for Monday)

Tithi ::Sraavana Sukla Padyami

Nakshatra: Aslesha

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

Sensitive / Trend change Timings : 1.15 PM;

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open Subdued and remain So upto 11.20 AM and Better thereafter till about 1.30 PM and could remain steady /marginally Better till about end of the day.

Astro Technical Trading Strategy...

If Nifty Fut. Trades above ATP by about 11.30 AM, Long Positions can be taken with suitable SL, and such positions can be closed by about 1.30 PM;

Technical Levels...

Resistance : 9955, 9990 Support around 9875, 9840

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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 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 onIndividual 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..