WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

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.

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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.

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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

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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 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..