Second
Half of the Week Crucial
Outlook
for the Week 09.04.2018 to13.04.2018
NIFTY
:: 10332 (+218)
Nifty
traded in a range of 10350 to 10128 during last weekand closed nearer
to the Higher end of the range for the week at 10332 with a Gain of
218 Points (a Gain of about 2.16%). It has made a Positive weekly
close for the Second week.
The
short term and Medium Term trend is neutral. It is
rather Bullish for Long term. However, Short term would become
Bullish if Nifty goes UP and closes above 10450.
20
DMA, 50DMA, 100DMA and 200 DMA are placed at about 10222, 10464,
10438 and 10193 respectively and would act as Supports and
Resistances.
Nifty
continues to trade above both the 200 DMA and 20 DMA but 50 DMA has
come above 200 DMA (Golden Cross has come more than about 13 months
ago) suggesting that the Long term outlook has become Bullish and
Nifty continues to trade above 50 % of the moving averages. It had
again come above the 200 DMA.
Technical
Levels...
Breakout
level : 10450 Breakdown level : 10150
Bullish
above 10400 with Resistance at 10475, 10550
Bearish
below 10250 with Supports at 10175, 10100,10025.
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.
------------------------------------
Moon
would be transiting from Ushadha 3 rd Pada in Capricorn to
Poorvabhadra 2 nd Pada in Aquarius.
Sun
transits from Revathi 3 rd Pada in Pisces to Revathi 4 th Pada in
Pisces.
Mercury,
in Retrograde motion, transits from Uttarabhadra 3 rd Pada Pisces to
Uttarabhadra 3rd Pada in Pisces.
Venus
transits from Bharani 2 nd Pada in Aries to Bharani 3 rd Pada in
Aries.
Mars
transits in Poorvashadha 2 nd Pada in Sagittarius to Poorvashadha 3rd
Pada in Sagittarius.
Saturn
transits in Poovashadha1 st Pada in Sagittarius and moves in Leo
Navamsa.
Jupiter,
in Retrograde motion, transits in Visakha 3 rd Pada in Libra and
moves in Gemini Navamsa.
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
had commenced its trading journey between Aquarius and Pisces on
15.3.18 to 20.3.18 and made a range of 345 points i.e., between 10420
and 10075, After ascertaining the range, during the rest of the week,
it has come below the range upto 9952 (it has partially completed the
range of about 123 points . During the current week, Moon would be
transiting in Aquarius from 11.4.18 to 13.4.18 and the range and
which way the range would be taken out.
------------------------------------
Forenoon
Session Better (for Monday)
Tithi
:: Chaitra Bahula Navami
Nakshatra:
Uttarashadha
Persons
born in Aardra, Swathi and Sathabhisham and those born in Aquarius
and Gemini are advised to be alert in their dealings.
Sensitive
/ Trend change Timings : 1.53 PM
Likely
Intraday Trend...
On
the basis of planetary position and aspects amongst planets, Market
is expected to Open Weak and remain Steady/Better from 9.45 and
remain So till about 1.30 AM and could remain Subdued
thereafter till about Close of the day.
Astro
Technical Trading Strategy...
If
Nifty fut trades above ATP by about 10.00 AM, Long Positions can be
taken with suitable SL and such positions can be closed by about
1.30PM. If Nifty fut trades below ATP by about 1.45 PM Short
Positions can be taken with suitable SL and such positions can be
closed by about end of the day.
Technical
Levels...
Resistance
: 10370,10405 Support : 10250,10200
------------------------------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 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..
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