for September 10, 2018
------------------------------
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.
Outlook for the Next Week 10.09.2018
to 14.09.2018
NIFTY :: 11589 (-92)
Nifty traded in a range of 11752 to
11396 during last week and closed nearer to the middle of the range
for the week at 11589 with a Loss of about 92 Points.
It made a Negative weekly close for the First week after 6
weeks of Gain.
- Market is
Bullish for Long, Medium and Short Terms. Short Term would be
Bearish if it closes below 11475 towards Weekend.
- 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 .
- 20 DMA, 50DMA, 100DMA and
200 DMA are placed at about 11550, 11246, 10917 and 10727 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 and Nifty continues to trade above all the moving averages.
Technical Levels…
Breakout level : 11700 Breakdown level : 11475.
Bullish above 11670 with
Resistance at 11750, 11825
Bearish below 11510 with
Supports at 11435, 11360.
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 Uttara 1 st
Pada in Leo to Visakha 3 rd Pada in Libra.
- Sun transits from Pubba 3 rd Pada in Leo to
Uttara 1 st Pada in Leo.
- Mercury transits from Pubba 1 st
Pada Leo to Pubba 3 rd Pada in Leo.
- Venus transits from Chitta 4 th Pada in Libra to Swati 1 st Pada in Libra.
- Mars, in Direct Mode , transits in
Uttarashadha 3 rd 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 Rasis and transits in Libra and Pisces Navamsas.
------------------------------
Generally
Bullish (for Monday)
Tithi :: Bhadrapada Sukla Padyami
Nakshatra: Uttara
Persons born in Aardra, Swati and Satabhisham
and those born inVirgo and Capricorn are advised to be alert in their
dealings
Sensitive / Trend change Timings : 11.06 AM
Likely Intraday Trend…
On the basis of planetary
position and aspects amongst planets, Market is expected
to remain Subdued till about 9.40 AM and remain Better
thereafter till about 2.10 PM and remain Subdued thereafter till
about Close of the day.
Astro Technical Trading Strategy…
If Nifty fut trades
above ATP by about 9.45 AM Long Positions can be taken with suitable SL and
can be closed by about 2.00 PM. If Nifty Fut trades below ATP by about
2.30 PM Short Positions can be taken with suitable SL and can be closed by
about end of the day.
Technical
Levels…
Resistance
: 11630,11665 Support
: 11550 ,11515
------------------------------
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..
------------------------------
No comments:
Post a Comment