Bullish
if Market trades > 10800
Outlook
for the Week 08.10.2018 to 12.10.2018
NIFTY
: 10316 (-614)
Nifty
traded in a range of 11036 to 10261 during last week and
closed nearer to the Low of the range for the week
at 10316 with a Loss of about 614 Points, a Loss of
about 5.62%. Market made a Negative weekly close
for the Fifth week.
- Moon
had transited between Aquarius and Pisces between 24 th September to
27 th September and made a range of 11170 to 10883. During the last
week, market had made a Low of 10262 and it had the Second target of
about 10300.
- The
short term, Medium Term are Bearish. It is Bullish only for Long.
Short Term would be Bullish if it closes above 11000 towards Weekend.
- 20
DMA, 50DMA,100DMA and 200 DMA are placed at about 11151, 11321, 11040
and 10777 respectively and would act as Supports and
Resistances.
- Nifty
has fallen down from all DMAs. Only positive thing is 50 DMA is above
200 DMA (Golden Cross). It suggest that the Long term outlook is
Bullish.
Technical
Levels...
Breakout
level :11000 Breakdown level : 10150
Bullish
above 10400 with Resistance at 11475, 11550
Bearish
below 10225 with Supports at 10150, 10075,10000
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 4 th Pada in Virgo Pisces to Anuradha
1 st Pada in Scorpio.
- Sun
transits from Hasta 4 th Pada in Virgo to Chitta 1 st Pada in Virgo.
- Mercury
transits from Chitta 3 rd Pada Libra to Swathi 1 st Pada in Virgo.
- Venus,
in Retrograde motion, transits from Swati 3 rd Pada in Libra to Swati
3 rd Pada in Libra.
- Mars
transits in Sravana 2 nd and 3 rd Pada in Capricorn
-----------------------------------
Forenoon
Session Better (for MONDAY)
Tithi
:: Bhadrapada Bahula Chaturdasi / Amavasya
Nakshatra:
Uttara
Persons
born in Aadra, Swathi and Sathabhisham and those born in
Libra and Aquarius are advised to be alert in their dealings.
Sensitive/Trend
change Timings : 1.31 PM
Likely
Intraday Trend...
On
the basis of planetary position and aspects amongst planets, Market
is expected to Open Subdued and remain
So till about 9.50AM and remain Better thereafter
till about 1.30 PM and could remain Subdued thereafter towards
end of the day.
Astro
Technical Trading Strategy...
If
Nifty fut trades below ATP by about 10.00 AM Long
Positions can be taken with suitable SL and Such positions can be
closed by about 1.30 PM. If Nifty Fut trades below ATP
by about 1.45 PM, Short Positions can be taken with suitable SL
and such Positions can be closed by about end of the day.
Technical
Levels...
Resistance
: 10355,10390 Support : 10275 ,10240
------------------------------
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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