SCRIP SPECIFIC MOVEMENTS
(Outlook
for the Week 27.11.2017 to 01.12.2017)
NIFTY
:: 10390(+ 106)
Nifty
traded in a range of 10262 to 10405 during last week and closed
nearer to the High of the range with a Positive outlook for the week
at 10390 with a Gain of 106 Points (a Gain of about 1.03%) Market
Gained through out the week without losing any point on any day.
The
short term trend too is rather Bullish. It is Bullish both for Medium
and Long term, However, Short term would become Bearish if Nifty
comes and closes below 10200
20
DMA, 50DMA, 100DMA and 200 DMA are placed at about 10324, 10166,
10033 and 9640 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
Nine 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 :10500 Breakdown level :10210
Bullish
above 10460 with Resistance at 10530, 10600
Bearish
below 10320 with Supports at 10250, 10180.
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 Satabhisham 3 rd Pada in Aquarius to Bharani
1 st Pada in Aries.
Sun
transits from Anuradha 3 rd Pada in Scorpio to Anuradha 4 th Pada in
Scorpio .
Mercury
transits in Moola 1 st Pada in Sagittarius to Moola 2 nd Pada in
Sagittarius.
Venus
transits from Visakha 4 th Pada in Scorpio to Anuradha 1 st Pada in
Scorpio.
Mars
transits from Chitta 2 nd Pada in Virgo to Chitta 3 rd Pada in Libra.
Saturn
transits from Moola 1 st Pada in Sagittarius to Moola 2 nd Pada in
Sagittarius and also moves to Taurus Navamsa.
Jupiter
transits frfom Swathi 3 rd Pada to Swathi 4 th Pada in Libra and
moves to Pisces Navamsa.
Rahu
and Ketu move to Capricorn and Cancer and in Leo and Aquarius
Navamsas,
During
the Current Week, Moon would be transiting from Sathabhisham to
Revathi constellation and would form a range which would be crossed
on the Upper side or would be breached on the Lower side and would
become further Bullish or Bearish.
----------------------------------
Mid
Session Better (for Monday)
Tithi
:: Maargasira Sukla Ashtami/ Navami
Nakshatra
::Satabhisham
Persons
born in Aslesha, Jyeshta and Revathi and those born in Pisces
and Cancer are advised to be alert in their dealings.
Sensitive / Trend change Timings : 9.21 AM; 10.16 A M;
Likely
Intraday Trend...
On
the basis of planetary position and aspects amongst planets, Market
is expected to remain Subdued till about 11 AM and remain steady
thereafter till about 12.45 and remain Betterafter 12.45 PM till
about 2.20 PM and could remain steady thereafter .
Astro
Technical Trading Strategy...
If
Nifty fut trades above ATP by about 12.45 PM, Long Positions can be
taken with suitable SL and such positions can be closed by about 2.15
PM.
Technical
Levels...
Resistance
: 10430,10465 Support : 10350,10315
----------------------------------
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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