WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

Bearish below 10400 and Bullish above 10675

Outlook for the Week 23.04.2018 to 27.04.2018

NIFTY :: 10564 (+83)

Nifty traded in a range of 10396 to 10594 during last week and closed nearer to the Higher end of the range for the week at 10564 with a Gain of 83 Points (about 0.79%). It has made a Positive weekly close for the Fourth week in a row.

Nifty is bullish in all time levels. The short term trend became Bullish again. It is already Bullish for the Medium and Long term. However, Short term would become Bearish if Nifty goes Down and closes below 10375.

20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 10333, 10364, 10460 and 10239 respectively and would act as Supports and Resistances.

Nifty continues to trade above all the Four moving averages and 50 DMA has come above 200 DMA (Golden Cross has come more than about 14 months ago) suggesting that the Long term outlook has become Bullish.

Technical Levels...

Breakout level : 10675 Breakdown level : 10400

Bullish above 10650 with Resistance at 10725, 10800

Bearish below 10475 with Supports at 10400, 10325,10250.

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 Pushyami 3 rd Pada in Cancer to Hastha 1st in Virgo.

Sun transits from Aswini from 3 rd to 4 th Pada in Aries.

Mercury transits from Uttarabhadra 3 rd to 4 th Pada in Pisces.

Venus transits from Krittika 3 rd to 4 th Pada in Taurus.

Mars transits in Poorvashadha 4 th Pada in Sagittarius to Uttarashadha 1 st Pada in Sagittarius.

Saturn, enters in Retrograde motion, transits in Poovashadha 1 st Pada in Sagittarius moves in Leo Navamsa.

Jupiter, in Retrograde motion, transits in Visakha 2 nd Pada in Libra and moves in Taurus Navamsa.

Rahu and Ketu moves from Aslesha 1 st Pada in Cancer and Sravana 3 rd Pada in Capricorn Rasis to Pushyami 4 th Pada and Sravana 2 nd Pada and moves from Sagittarius and Gemini Navamsas to Scorpio and Taurus Navamsas.

Moon had commenced its trading journey between Aquarius and Pisces on 11.4.18 to 13.4.18 and made a range of 135 points i.e., between 10520 and 10385. Next Week, it had moved up from 10396 to 10594 and had moved up by 94 Points and is yet to move up by another 41 points to complete the first target.

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Better after Opening Session (for Monday)

Tithi :: Vaisakha Sukla Ashtami

Nakshatra: Pushyami

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

Sensitive / Trend change Timings : 11.20 AM; 2.13PM

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to Open Subdued and remain So till about 9.45 AM and remain Steady / Better thereafter till about 2.05 PM and could remain Subdued till about Close of the day.

Astro Technical Trading Strategy...

If Nifty fut trades below ATP by about 10.00 AM, Long Positions can be taken with suitable SL and such positions can be closed by about 2.00PM. If Nifty fut Trades below ATP by about 2.15 PM , Short Positions can be taken with suitable SL and such Positions can be closed by about end of the day.

Technical Levels...

Resistance :10605,10640 Support :10525,10490

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nce 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 intraday movements . applied depending on the real time market movement.  used as an additional tool in addition to technicals and adapted  Technical portion. Loss / Gain in market depends on
Individual natal chart.  Creator only knows what is going to happen  and astrologer can only indicate what is likely to happen. 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..