WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

Outlook for the Week between 01.10.2018 to 05.10.2018

Next Week Bearish if it trades  below 11850 

NIFTY : 10930   (-213)

Nifty traded in  a  range of 11170  to 10850 during last week and closed nearer to the Low of the range  for the week at 10930 with a Loss of about 213  Points. Market made a Negative  weekly close for the Fourth week.

- The short term  trend  is  Bearish. It is  Bullish  for Medium and Long term also. Short Term would be Bullish if it closes above 11200 towards Weekend.  

- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 11298, 11343, 11043 and 10774 respectively and would act as  Supports  and Resistances.

- Nifty continues to trade above  200 DMA Long term  moving average  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 and  Nifty continues to trade above 200 DMA.

Technical Levels…

Breakout level : 11200     Breakdown level : 10750

Bullish above 11000 with Resistance at  11075, 11150  

Bearish below 10850 with Supports at 10775, 10700

Moon had  transited  between Aquarius and Pisces between 24 th to 27 th September  and made a range of 11146 to 10883 Points. It would be the Base for the next Three weeks. During  the rest of the week, Market traded in a range of 11089 and 10850 and it has  made a marginal Low of 10850. Market breaching the Low by about 33 points. Hence if the Low is breached once again then Bearish view could be taken once again and if the High is crossed once again, then Bullish view could be taken once again.

----------------------------------------------------------

Planetary Position…

- Moon would be transiting  from Mrigasira 2 nd  Pada  in Taurus  Pisces  to Aslesha 4 th Pada  in  Cancer

- Sun transits from  Hasta 2 nd  Pada in Virgo to Hasta 3 rd  Pada in Virgo

- Mercury  transits  from  Hasta 4 th   Pada  Virgo   to Chitta  2 ^nd  Pada  in  Virgo

- Venus transits from   Swati 3 rd  Pada in  Libra  to  Swati 4 th   Pada in Libra

- Mars  transits in Sravana 1 st  Pada  to Sravana 2 nd  Pada in Capricorn

- Saturn  transits in Moola 3 rd  Pada   in Sagittarius and  moves  in Gemini  Navamsa

- Jupiter   transits in  Visakha 3 rd  Pada in Libra and  transits in  Gemini Navamsa.

- Rahu transits in Pushyami 2^nd  Pada in Cancer  and and Ketu transits  in Uttarashadha 4 th quarter  in Capricorn Rasis  and transits  in Libra and Pisces Navamsas. 

---------------------------------------------------------- 

Second Half Sudued  (for Monday)

Tithi : Bhadrapada Bahula Saptami

Nakshatra: Mrigasira

Persons born in Pushyami, Anuradha and Uttarabhadra and those born in Gemini and Libra are advised to be alert in their dealings. 

                                                                       
Sensitive/Trend change Timings : 1.16 PM

Likely Intraday Trend…

On the basis of planetary position and aspects amongst planets, Market is expected toOpen Subdued and  remain So till about 10.00 AM  and remain Better thereafter till about 12.00 PM and could remain Subdued  thereafter   till  about end of the day.

Astro Technical Trading Strategy…

If Nifty fut trades  above   ATP by about 10.00 PM Long Positions can be taken with suitable SL and Such positions can be closed by about  12.00 PM.  If Nifty Fut trades below ATP by about 12.15 PM Short Positions can be considered with Suitable Stop Loss and such positions can be closed by about end of the day.  

Technical Levels…

Resistance : 10970,11005   Support   : 10890 ,11855   

----------------------------------------------------------

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..