Sunday, July 29, 2018

WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

for July 29, 2018

Current Week Range Base for August

Outlook for the Week 30.07.2018 to 03.08.2018

NIFTY :: 11278 (+268)

Nifty traded in  a  range of 11011  to 11283 during last week and closed nearer to the High  of the range  for the week at 11278 with a Gain of about 268  Points (a Gain of  about 2.43%). 

- Moon would be transiting from Aquarius to Pisces from 30.7.18 to 3.8.18, and would form the Base for the Next Three Weeks.

- It is  Bullish for  Long, Medium Term and  Short Term trends and would be Bearish if it closes below 11100 towards Weekend.  

- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 10956 10800, 10601 and 10532 respectively and wouldact as Supports and Resistances.

- Nifty continues to trade above all the moving averages and 50 DMA has come above 200 DMA (Golden Cross has come more than about 18 months ago) suggesting that the Long term outlook has become Bullish and Nifty continues to trade above all the moving averages.

Technical Levels...

Breakout level : 11350 Breakdown level : 11100

Bullish above 11350 with Resistance at 11425, 11500, 11575

Bearish below 11200 with Supports at 11125, 11050.

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 Sathabhisham 1st  Pada in Aquarius to Aswini 1 st Pada in Aries.

Sun transits from Pushyami 4 th Pada in Cancer to Aslesha 1 st Pada in Cancer.

Mercury ,in Retrograde motion , transits from Aslesha 4 th Pada Cancer to Aslesha 3 rd Pada in Cancer.

Venus transits from Uttara 1 st Pada in Leo to Uttara 2 nd Pada in Virgo .

Mars, in Retrograde Position, transits in Uttarashadha 4 th Pada in Capricorn to Uttarashadha 4 th Pada in Capricorn.

Saturn, in Retrograde motion , and transits in Moola 4 th Pada in Sagittarius and moves in Cancer Navamsa.

Jupiter, in Direct motion, transits from Swathi 4 th Pada to Visakha 1 st Pada in Libra and transits from Pisces Navamsa to Aries Navamsa.

Rahu and Ketu transits in Pushyami 3 rd Pada in Cancer and Sravana 1 st Pada in Capricorn Rasisand transits in Libra and Aries Navamsas .


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Forenoon Bullish (for Monday)

Tithi :: Aashadha Krishna Tadiya

Nakshatra: Satabhisham

Persons born in Aslesha, Jyeshta and Revati and those born in Pisces and Cancer are advised to be alert in their dealings.

Sensitive/Trend change Timings : 1.11PM

Lkely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to remain Steady till about 9.45AM and remain Better thereafter till about 11.45AM and could remain Steady thereafter till about 2.00PM and could remain Better till end of the day.

Astro Technical Trading Strategy...

If Nifty fut trades above ATP by about 10.00 AM , Long Positions with suitable SL can be taken and close the Positions by about 11.45AM.

Technical Levels...
Resistance : 11320,11355 Support : 11235,11200

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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..

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