WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

Scrip Specific Movements Likely...

Outlook for the Week 25.9.2017 to 29.09.2017

NIFTY :: 9964 (-121)

Nifty traded in a range of 10179 to 9953 during last week and closed at the

Lower end of the range for the week at 9964 with a Loss of 121 Points (about 1.21%). At the outset Market had closed with a negative outlook

- The short term has become Bearish. It is Bullish both for Medium and Long term, Short term would become Bullish if Nifty comes and closes above 10200.

- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 10001, 9954, 9753 and 9231respectively and would act as Supports and Resistances.

- 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 Seven months ago) suggesting that the Long term outlook has become Bullish and Nifty continues to trade above most the long term and Short term Moving Averages and hence can be considered Bullish. It is only below 20 DMA and is close to 50 DMA.

Technical Levels...

Bullish above 10015 with Resistance at 10065, 10115, 10165

Bearish below 9915 with Supports at 9865, 9815, 9765.

Breakout level : 10200 Breakdown level : 9800

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 Anuradha 1 st Pada in Scorpio to Poorvashadha 4 th Pada in Sagittarius .

- Sun transits from Uttara 4th Pada in Virgo to Hastha 1 st Pada in Virgo.

- Mercury transits in Uttara 1^st Pada in Leo to Uttara 3 rd Pada in Leo.

- Venus transits from Makha 4 th Pada in Leo to Pubba 2 nd Pada in Leo.

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

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

- Jupiter transits from Chitta 3 rd Pada to Chtta 4 th Pada in Virgo and moves from Libra Navamsa to Scorpio Navamsa.

- Rahu and Ketu move to Cancer and Capricorn and in Pisces and Virgo Navamsas,

 

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Second Half Bearish (for Monday)

Tithi ::Aswayuja Sukla Panchami

Nakshatra :: Anuradha

Persons born in Bharani, Pubba and Poorvashadha and those  born in Sagittarius and Aries are advised to be alert in their dealings.

Sensitive / Trend change Timings :11.00 AM

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open Better and remain So till about 11.30 AM and could remain Subdued till about 1.30 PM and remain Weak later on till about 3.15 PM.

Astro Technical Trading Strategy...

If Nifty Fut. Trades above the Open/ATP level by about 9.30 AM , Long Positions can be taken with suitable SL, and such positions can be closed by about 11.30 AM. IF Nifty fut trades below the ATP by about 11.45 AM, Short Positions can be considered with suitable SL and such positions can be closed by about 3.15PM.

Technical Levels...

Resistance :10005,10040 Support : 9925, 9890

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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..