WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

Outlook for the Week between 15-19 October

Bearish if Nifty trades < 10250

NIFTY : 10473 (+156)

Nifty traded in a range of 10139 to10492 during last week and closed nearer to the High of the range for the week at 10473 with a Gain of about 156  Points  and made a Positive weekly close for the First week after 5 weeks of Loss. Short Term would be Bullish if it closes above  10700 towards Weekend.

- Moon had  transited  between Aquarius and Pisces between 24 th September to27 th September and made a range of 11170 to 10883 and would be the Base for the next Three weeks. During the last week, market had made a Low of 10138 and it had hit exceeded  the Second target also by about 50%.

- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 10876, 11242, 11021 and 10779 respectively and would act as  Supports  and Resistances.

- Nifty continues to trade below  all DMAs. 50 DMA  is above 200 DMA (Golden Cross) suggesting that the Long term outlook has become Bullish and  Nifty continues to trade below  200 DMA.

Technical Levels...

Breakout level : 10700 Breakdown level : 10250

Bullish above 10450 with Resistance at 10525, 10600,10675

Bearish below 10400 with Supports at 10325, 10250,10175

 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.

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Planetary Position...

- Moon would be transiting from Moola 4 th Pada  in Sagittarius to Dhaishta 3 rd Pada in Aquarius.

- Sun transits from  Chitta 2 nd   Pada in Virgo  to Chitta 3 rd Pada in Libra.

- Mercury  transits  from  Swati 3 rd  Pada  Libra to Swathi 4 th  Pada in Libra.

- Venus, in Retrograde motion, transits from Swati 3 rd  Pada in Libra to Swati 2 nd Pada in Libra.

- Mars transits in Sravana 3 rd Pada  to Sravana  4 th Pada in Capricorn.

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

- Jupiter transits in Visakha 4 th Pada in Scorpio and  transits in Cancer Navamsa.

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

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Opening Session only Bullish (for Monday)

Tithi :: Aswajuya Sukla Saptami

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 : 10.40AM

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to Open Better and remain So till about 10.40AM and remain Subdued there after till about end of the day.

Astro Technical Trading Strategy...

If Nifty fut trades above ATP by about 9.30 AM Long Positions can be taken with suitable SL and Such positions can be closed by about 10.35 PM. If Nifty Fut trades below ATP by about 11.00 PM, Shprt  Positions can be taken with suitable SL and such Positions can be closed by about 3.00 PM.

Technical Levels...

Resistance : 10515,10550 Support : 10430 ,10395