WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

CURRENT WEEK TREND DECISIVE FOR THIS MONTH

for the Week 04.9.2017 to 09.09.2017

NIFTY :: 9974 (+117)

Nifty traded in  a range of 9983  to 9784   during last week and closed at the Upper  end of the range  for the week at 9974  with a Gain  of  117 Points (about 1.10). Nifty gained for the last Three weeks and it could gain for another Two weeks if the present trend continues. On the total market had closed with a   Positive  outlook

- The short term too has become Bullish . It is Bullish both  for Medium and Long term, Short term could become Bearish   if Nifty comes and closes below 9850

- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 9885, 9832, 9670 and 9085 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 all  the long term and Short term Moving Averages and hence can be considered Bullish . 

Technical Levels...

 Breakout level : 10050          Breakdown : 9850 

Bullish above 10050  with resistance at  10125, 10200 

Bearish below 9900 with Supports at 9825, 9750.

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 Sravana 4 th Pada  in Capricorn  to Revathi 1 st Pada in Pisces.

- Sun transits from  Pubba 2 nd   Pada in Leo to Pubba 3 rd  Pada in Leo .

- Mercury, in Retrograde motion, transits from Makha 2 nd Pada to Makha 2 nd  Pada  in Leo. Mercury comes out of Retrogession during the week from 5^th Evening.

- Venus transits from  Aslesha 1 st Pada in Cancer  to Aslesha 2   Pada in Cancer.

- Mars  transits in Makha 2 nd  Pada in Leo to Makha 3 rd Pada in Leo.

- 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  would transit  from Dhanishta  to Revathi in  Aquarius and Pisces Rasis between next Tuesday to Friday (between 5 th September to 9 th September). It would become Bullish if it breaks the high of this range and it would become Bearish if it breaks the Low of this range. 

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 Generally Subdued (for Monday)

Tithi ::Bhaadrapada Sukla Trayodasi 

Nakshatra :: Sravana and Dhanishta

Persons born in  Pushyami, Anuradha and Uttaraabhadra and those  born in Aquarius and Gemini are advised to be alert in their dealings. 

Sensitive / Trend change Timings : 11.15AM;

Likely Intraday Trend…

On the basis of planetary position and aspects amongst planets, Market is expected to open  Steady  and remain So  upto 10.00 AM and remain Subdued thereafter  till about end of the day.

Astro Technical Trading Strategy….

If Nifty Fut. Trades below the Open/  ATP level by about 10.15  AM , Short   Positions can be taken with suitable   SL, and such positions can be closed by about end of the day.

Technical Levels…

Resistance : 10015, 10050       Support : 9935, 9900

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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..