Next Week Range Crucial for September
Nifty Outlook
for the Week 27.08.2018 to 31.08.2018
NIFTY : 11557 (+86)
Nifty traded in a range of
11500 to11621during last week and closed nearer to the middle of
the range for the week at 11577 with a Gain of about 86 Points. Market Gained 86
points through out the week and made a Positive weekly close
for the Fifth week.
- Moon had transited between
Aquarius and Pisces between 30 th July to 3 rd August and made a range of
11235 to 11391.
- Market is Bullish in Long, Medium and
Short term outlooks. Short Term would be Bearish if it closes below 11450
towards Weekend.
- 20 DMA, 50DMA, 100DMA and 200 DMA
are placed at about 11405 11079, 10841 and 10642 respectively and would act
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 : 11650 Breakdown level :
11450
Bullish
above 11635 with Resistance at 11710, 11785
Bearish
below 11482 with Supports at 11405, 11320
Advice for
Traders…
Weekly
Open level is very important for the entire week. Long positions may be
considere as long as it maintains above the Weekly open level.
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Planetary
Position…
- Moon would
be transiting from Satabhisham 3 rd Pada inAquarius to Sravana
2nd Pada in Capricorn.
- Sun transits from Makha 3 rd
Pada in Leo to Makha 4 th Pada in Leo.
- Mercury transits from Aslesha 2 nd
Pada Cancer to Aslesha 3 rd Pada in Cancer.
- Venus transits from Chitta 1 st
Pada in Virgo to Chitta 2 nd
Pada in Virgo .
- Mars, in Retrograde Position, transits in
Uttarashadha 3 rd Pada in Capricorn to Direct Motion in
Uttarashadha 3 rd Pada in Capricorn.
- Saturn , in Retrograde motion,
and transits in Moola 3 rd Pada in Sagittarius and moves in Gemini Navamsa.
- Jupiter transits in Visakha 1 st
Pada to Visakha 1 st Pada in Libra and transits in Aries Navamsa.
- Rahu and Ketu transits in
Cancer and Sravana in Capricorn Rasis and transits from Libra
and Aries Navamsas to Virgo and Pisces Navamsas.
------------------------------------------------------
Generally Subdued (for Monday)
Tithi : Sravana Bahula Padyami
Nakshatra: Satabhisham
Persons born in Aslesha, Jyeshta and
Revati and those born in Pisces and Cancer7 are advised to be alert
in their dealings.
Sensitive/Trend
change Timings : 3.01PM
Lkely Intraday
Trend…
On the basis of planetary position and aspects
amongst planets, Market is expected to remain
generally Better upto about
9.40AM and remain Steady thereafter from 10.00AM till about 11.50PM and remain
Subdued thereafter till about 3.00PM and remain Better towards end of the day.
Astro
Technical Trading Strategy…
If Nifty fut trades below ATP
by about 12.00 PM, Short Positions can
be taken with suitable SL and can be closed by about 2.45 PM. If Nifty
Fut trades above ATP by about 3.00 PM Long Positions can be taken with suitable
SL and can be closed by about end of the day.
Technical Levels…
Resistance :
11600,11635 Support : 11515 ,11480
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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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