WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

Nifty Outlook for the Week 28.05.2018 to 01.06.2018

This week could remain Positive

NIFTY :: 10605(+9)

Nifty traded in a range of 10418 to 10628 during last week and closed nearer to the Upper end of the range for the week at 10605 with a Gain of 9 Points. (Gain of about 0.08%). Market Gained 175 points through out the week Losing on 2 days and made a Positive weekly close for the First week after 1 week of Loss.

The short term trend is Bearish. It is Bullish for Medium Term and Bullish for Long term also. However, Short term would become Bullish if Nifty goes UP and closes above 10700.

20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 10669, 10475, 10539 and 10334 respectively and would act as Supports and Resistances.

Nifty continues to trade above Three moving averages and 50 DMA has come above 200 DMA (Golden Cross has come more than about 16 months ago) suggesting that the Long term outlook has become Bullish and Nifty continues to trade above most of the moving averages.

Technical Levels...

Breakout level :10750 Breakdown level : 10500

Bullish above 10680 with Resistance at 10760, 10830

Bearish below 10525 with Supports at 10450, 10375

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 Visakha 2 nd Pada in Libra to Poorvashadha Pada in Sagittarius .

Sun transits from Rohini 1 st Pada in Taurus to Rohini 3 rd Pada in Taurus.

Mercury transits from Krittika 2 nd Pada Taurus to Rohini 1 st Pada in Taurus .

Venus transits from Aardra 3 rd Pada in Gemini to Punarvasu 1 st Pada in Gemini.

Mars transits in Sravana 1 st Pada in Capricorn to Sravana 1 st Pada in Capricorn .

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

Jupiter, in Retrograde motion, transits from Visakha 1 st Pada in Libra and transits in Aries Navamsa.

Rahu and Ketu moves from Pushyami 4 th Pada in Cancer and Sravana 2 nd Pada in Capricorn Rasis and transits in Scorpio and Taurus Navamsas.

Moon commenced its trading journey between Aquarius and Pisces from 9.5.18 to 11.5.18 and made a range of 10636 to 10812 which will have to cut off on the upside to about 10929 and again breached on the downside upto 10418 and finally closed on the Upside @10605. It has achieved its downward target.

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Closing Session Better (for Monday)

Tithi :: Adhika Jyeshta Sukla Chaturdasi

Nakshatra: Visakha

Persons born in Aswini, Makha and Moola and those born in Scorpio and Pisces are advised to be alert in their dealings.

Sensitive / Trend change Timings : 10.16 AM

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to Open Better till about 9.50 AM and remain Subdued till about 2.20 PM and could 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 2.15P M. If Nifty fut trades above 2.30 PM Long Positions can be taken with suitable SL and Such Positions can be closed by about 3.30 PM.

Technical Levels...

Resistance :10645,10680 Support :10565,10530

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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 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..