WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

Further Trend would be Weak 

If the Low of the week is Decisively Broken

Outlook for the Week 13.11.2017 to 17.11.2017  

NIFTY :: 10322 (-131)

Nifty traded in a range of 10254 to 10490 during last week and closed nearer to the Low of the range for the week at 10322 with a Loss of 131 Points. Market had closed with a Negative outlook.

The short term trend too is Bullish. It is Bullish both for Medium and Long term, However, Short term would become Bearish if Nifty comes and closes below10200

20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 10305, 10106, 9963 and 9554 respectively and would act as Supports and Resistances.

Nifty continues to trade above the 200 DMA and also above the 50 DMA and 50 DMA has come above 200 DMA (Golden Cross has come more than about Eight months ago) suggesting that the Long term outlook has become Bullish and Nifty continues to trade above all the moving averages and hence can be considered as Bullish.

Technical Levels...

Breakout level :10475 Breakdown level :10200

Bullish above 10400 with Resistance at 10475, 10550

Bearish below 10150 with Supports at 10075, 10000

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 Pubba 4 th Pada in Leo to Swathi 4 th Pada in Libra .

Sun transits from Visakha 3 rd Pada in Libra to Visakha 4 th Pada in Scorpio .

Mercury transits in Anuradha 4 th Pada in Scorpio to Jyeshta 2 nd Pada in Scorpio.

Venus transits from Swathi 2 nd Pada in Libra to Swathi 4 th Pada in Libra.

Mars transits from Hastha 3 rd Pada in Virgo to Hastha 4 th Pada in Virgo.

Saturn transits in Moola 1 st Pada in Sagittarius and also moves in Aries Navamsa.

Jupiter transits in Swathi 2 nd Pada in Libra and moves in Capricorn Navamsa.

Rahu and Ketu move to Capricorn and Cancer and in Leo and Aquarius Navamsas.

Between October 30 to November 2 Moon had transitted from Sathabhisham to Revathi Constellations between Aquarius and Pisces Raasis and formed a Range of 10324 and 10453. Last week Lower Lows was witnessed on every day and a target of about 10200 is possible on the downside and a target of 10600 is possible if high of the range is crossed again.

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Generally Better (for Monday)

Tithi :: Karteeka Bahula Dasami & Ekadasi

Nakshatra ::Pubba and Uttara

Persons born in Mrigasira, Chitta and Dhanishta and those  born in Virgo and Capricorn are advised to be alert in their dealings.

Sensitive / Trend change Timings : 9.30 AM; 11.48AM; 12.25PM;

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open Better and remain So till about 11.25 AM and could remain Subdued till about 11.50 AMand would remain Better thereafter till about1.50PM and could remain subdued thereafter till about Close of the day.

Astro Technical Trading Strategy...

If Nifty fut trades Better above ATP by about 9.30 AM, Long Positions can be taken with suitable SL and such positions can be closed by about 11.15 AM . After 12.00 PM, if Nifty fut trades above ATP , Long Positions can be taken with suitable Stop Loss and such positions can be closed by 1.45 PM. If Nifty Fut trades Below ATP by about 2.00PM, Short Positions can be taken to close by end of the day.

Technical Levels...

Resistance : 10360,10395 Support :10280,10245

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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..