Nifty
Outlook for the Week 03.09.2018 to 08.09.2018
NIFTY
:: 11680 (+123)
Nifty
traded in a range of 11596 to 11760 during last week and closed
nearer to the middle of the range for the week at 11680 with a Gain
of about 123 Points. Market has made a Positive weekly close for the
Sixth week in a row.
- Moon
had transited between Aquarius and Pisces between 27 th August to 30
th August and made a range of 11596 to 11760 and would be the Base
for the next Three weeks and if the High of the last week was
crossed, it would be Bullish for the month and Viceversa.
- Market
is Bullish for Short term, Medium Term and Long term also. Short Term
would be Bearish if it closes below 11525 towards Weekend.
- 20
DMA, 50DMA, 100DMA and 200 DMA are placed at about 11506, 11163,
10885 and 10675 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 :11775 Breakdown level :11525.
Bullish
above 11760 with Resistance at 11840, 11920
Bearish
below 11600 with Supports at 11520, 11440.
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.
----------------------------------------------
Planetary
Position...
- Moon
would be transiting from Rohini 3 rd Pada in Taurus
to Aslesha 2 nd Pada in Cancer.
- Sun
transits from Pubba 1 st Pada in Leo to Pubba 3 rd Pada in Leo.
- Mercury
transits from Makha 1 st Pada Leo to Makha 3 rd Pada in Leo.
- Venus
transits from Chitta 3 rd Pada in Libra to Chitta 4 th Pada in Libra.
- Mars,
in Direct Mode, transits in Uttarashadha 3 rd Pada in Capricorn.
- Saturn,
from Retrograde motion to Direct Mode 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 Pushyami 2nd
Pada in Cancer and in Uttarashadha 4 th quarter in Capricorn Rasis
and transits in Libra and Pisces Navamsas.
----------------------------------------------
Second
Half Bullish (for Monday)
Tithi
:: Sravana Bahula Saptami
Nakshatra:
Rohini
Persons
born in Punarvasu, Visakha and Poorvabhadra and those born in Gemini
and Libra are advised to be alert in their dealings.
Sensitive
/ Trend change Timings : 2.37PM
Lkely
Intraday Trend...
On
the basis of planetary position and aspects amongst planets, Market
is expected to remain Subdued from about 9.45 AM Opening till about
12.00P M and remain Better thereafter from 12.15AM till about Close
of the day.
Astro Technical Trading
Strategy...
If Nifty fut trades below
ATP by about 9.45 AM Short Positions can be taken with suitable SL
and can be closed by about 12.00 PM. If Nifty Fut trades above ATP by
about 12.15 PM Long Positions can be taken with suitable SL and can
be closed by about Close of the day
Technical
Levels...
Resistance
:11720,11755 Support :11640 ,11605
------------------------------
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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