WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

Outlook for the Week 05.03.2018 to 09.03.2018

Trend becomes Positive if Closes above 10625    

NIFTY :: 10458 (-33)

Nifty traded in a narrow range of 10632 to 10447 during last week and closed nearer to the Lower of the range for the week at 10458 with a Loss of only 33 Points. Market made a Negative weekly close after only One week of Positive Close. Market had closed with a minor Negative outlook.

- The short term trend is quite Bearish. It is rather Bullish for Medium Term and quite Bullish for Long term. However, Short term would become Bullish if Nifty goes UP and closes above 10625.

- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 10530, 10624, 10437 and 10112 respectively and would act as Supports and Resistances.

- Nifty continues to trade above the 200 DMA but below the 50 DMA and 50 DMA has come above 200 DMA (Golden Cross has come more than about a Year ago) suggesting that the Long term outlook has become Bullish and Nifty continues to trade above Two Long Term moving averages and hence can be considered as Bullish.

Technical Levels...

Breakout level :10625 Breakdown level : 10250

Bullish above 10535 with Resistance at 10615, 10700

Bearish below 10385 with Supports at 10310, 10240,10165.

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 Chitta 3 rd Pada in Libra to Jyeshta 3 rd Pada in Scorpio.

- Sun transits from  Poorvabhadra 1 st Pada in Aquarius   to Poorvabhadra 2 nd  Pada in Aquarius.

- Mercury transits from Uttarabhadra 1 st Pada Pisces to Uttarabhadra 3 rd Pada in Pisces.

- Venus transits from Uttarabhadra 1 st Pada in Pisces to Uttarabhadra 2 ^nd Pada in Pisces.

- Mars transits in Jyeshta 4 th Pada in Scorpio to Moola 1 st Pada in Sagittarius.

- Saturn transits in Moola 4 th to 4 th Pada in Sagittarius and moves in Cancer Navamsa.

- Jupiter transits in  Visakha 3 rd   Pada in Libra  and moves  in  Gemini   Navamsa. It gets into Retrograde position.

- Rahu and Ketu  transit in Aslesha 1 st Pada in Cancer   and  Sravana 3 rd Pada in Capricorn Rasis   and in  Sagittarius and Gemini Navamsas.

Moon has  completed its journey in Aquarius and Pisces between 16th to 20th February and made a range of 303 points i.e., between 10613 and 10303. During this week , it has traded in the range of 10632 and 10447. It has slightly crossed the High of the range but could not close above the range. It has  to be seen whether it will cross the range on either side in this week.

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First Half  Subdued (for MONDAY)

Tithi :: Phalguna Krishna Chaturdhi

Nakshatra: Chitta

Persons born in Pushyami, Anuradha and Uttarabhadra and those born in Scorpio and Pisces are advised to be alert in their dealings.

Sensitive / Trend change Timings : 2.12 PM; 3.17 PM

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to Open Steady and could remain Subdued from 9.50AM till about 1.50 PM,would remain Better thereafter till  about close of the day.

Astro Technical Trading Strategy...

If Nifty fut trades BELOW ATP by about 10.00 AM,Short Positions can be taken with suitable SL and such positions can be closed by about 1.45PM. If Nifty Fut trades above ATP BY about 2.00 PM, Long Positions can be taken with suitable SL and Such Positions can be closed by about end of the day.

Technical Levels...

Resistance : 10500,10535 Support :10420,10385

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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..