WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

Bullish only above 11650 NIFTY :: 11515 (-74) Nifty traded in a range of 11523 to 11250 during last week and closed nearer to the High of the range for the week at 11515 with a Loss of about 74. Market made a Negative weekly close for the Second week. - The short term trend is rather Bearish. It is Bullish for Medium Term and Long terms. Short Term would be Bullish if it closes above 11625 towards Weekend. - 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 11546, 11305, 11000 and 10728 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 19 months ago) suggesting that the Long term outlook has become Bullish. Technical Levels... Breakout level : 11625 Breakdown level :11350 Bullish above 11600 with Resistance at 11675, 11750 Bearish below 11425 with Supports at 11350, 11275 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 Moola 1 st in Sagittarius to Sravana 4 th Pada in Capricorn. - Sun transits from Uttara 2 nd to 3 rd Pada in Virgo. - Mercury transits from Uttara 1 st Pada Leo to 3 rd Pada in Virgo. - Venus transits from Swati 2 nd Pada in Libra. - Mars, in Direct Mode , transits in Uttarashadha 4 th Pada in Capricorn . - Saturn, in Direct Mode, and transits in Moola 3 rd Pada in Sagittarius and moves in Gemini Navamsa. - Jupiter transits in Visakha 2 nd Pada in Libra and transits in Taurus Navamsa. - Rahu and Ketu transits in Pushyami 2nd Pada in Cancer and in Uttarashadha 4 th quarter in Capricorn Rasisand transits in Libra and Pisces Navamsas. - 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. During the week, Market traded in a range of 11573 and 11250 and it has completed the Third target too. ---------------------------------------- Generally Subdued (for Monday) Tithi :: Bhadrapada Sukla Ashtami Nakshatra: Moola Persons born in Rohini, Hasta and Sravana and those born in Capricorn and Taurus are advised to be alert in their dealings. Sensitive/Trend change Timings : 11.29 AM Likely Intraday Trend... On the basis of planetary position and aspects amongst planets, Market is expected to Open Subdued and remain So till about 10.25 AM and remain Better till about 12.40 PM and could remain Subdued thereafter till about Close of the day. Astro Technical Trading Strategy... If Nifty fut trades below ATP by about 9.30 AM Short Positions can be taken with suitable SL and can be closed by about 10.15 AM. If Nifty Fut trades above ATP by about 10.30 AM Long Positions can be taken with suitable SL and can be closed by about 12.30PM. If Nifty fut trades below ATP by about 12.45 PM, Short positions can be held with suitable SL and such positions can be closed by about end of the day. Technical Levels... Resistance : 11555,11590 Support :11475,11440