Outlook
for the Week 28.8.2017 to 01.09.2017
Scrip
Specific Movements
NIFTY
:: 9857 (+20)
Nifty
traded in a narrow range of 9884 to 9740 during last week and closed
at the Upper end of the range for the week at 9857 with a Gain of 20
Points (about 0.20%). Market had closed with a mild Positive outlook
-
The short term trend is rather weak . It is Bullish both for Medium
and Long term, Short term could be quite Bullish if Nifty comes and
closes above 9975.
-
20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 9926, 9805,
9597 and 9050 respectively and would act as Supports and Resistances
as Nifty is trading only below 20 DMA .
-
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 more than Six
months ago) suggesting that the Long term outlook has become Bullish
and Nifty continues to trade above both the long term Moving Averages
and hence can be considered Bullish for Long term too.
Technical
Levels ::
B
reakout level : 9975 Breakdown level : 9725
Bullish
above 9930 with Resistance at 10005, 10080
Bearish
below 9785 with Supports at 9710, 9635.
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 Visakha 3 rd Pada in Libra to
Poorvashaadha 2 nd Pada in Sagittarius.
-
Sun transits from Makha 4 th Pada in Leo to Pubba 1 st Pada in Leo .
-
Mercury, in Retrograde motion, transits from Makha 3 rd Pada to Makha
2 nd Pada in Leo.
-
Venus transits from Pusyami 2 nd Pada in Cancer to Pushyami 3 rd Pada
in Cancer.
-
Mars transits in Makha 1 st Pada in Cancer.
-
Saturn , in Retro motion, in Jyeshta 4 th Pada in Scorpio and also
moves in Pisces Navamsa.
-
Jupiter transits in Chitta 2 nd Pada in Virgo and is vargottama too.
-
Rahu and Ketu move to Cancer and Capricorn and in Pisces and Virgo
Navamsas.
Moon
transited from Satabhisham to Uttaraabhaadra in Aquarius and Pisces
Rasis between last Wednesday to Friday (between 9 th August to 11 th
August ). It did not break the Low and moved in Both the weeks.
-----------------------------------------
Second
Half Better ( for Monday)
Tithi
::Bhaadrapada Sukla Sapthami
Nakshatra
:: Visakha
Persons
born in Aswini, Makha and Moola and those born in Scorpio and Pisces
are advised to be alert in their dealings.
Sensitive
/ Trend change Timings : 1.28PM; 3.08 PM;
Likely
Intraday Trend...
On
the basis of planetary position and aspects amongst planets, Market
is expected to open Subdued and remain Better from about 13.00PM till
about 3.15 PM .
Astro
Technical Trading Strategy...
If
Nifty Fut. Trades below the Open / ATP level by about 10.45 AM ,
Short Positions can be taken with suitable SL, and such positions can
be closed by about 12.45PM. If Nifty fut trades above the ATP by
about 1.00PM, Long Positions can be taken with suitable SL and to be
closed by about 3.15 PM of the day.
Technical
Levels...
Resistance
: 9895, 9930 Support : 9815, 9780
------------------------------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 intra day movements, to be applied depending on the real time market movement. Used as an additional tool in addition to technicals. 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..
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