WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

Bullish  if it trades > 10500

 

NIFTY : 10303 (-170)

Nifty traded in  a  range of 10250  to 10710 during last week and closed nearer to the Low  of the range for the week at 10303  with a Loss of about 170  Points (a  Loss   of  about 1.68%) and made a Negatiive weekly close for the week.

- The short term  trend  and Medium Term is Bearish. It is  Bullish  only for Long Term Trend . Short Term would be Bullish if it closes above  10500 towards Weekend.

- Moon has commenced  transit  between Aquarius and Pisces between 19 th October   to 23 rd October and   made a range of 10380 to 10303 and would make a  further range within the Two days  and the range  be the Base for the next Three weeks.  If the High of this range is Crossed  it would be Bulliish and if the Low of  this range is breached it would be  Bearish.

 

- 200 DMA, 50DMA, 100DMA and 200 DMA are placed at about 10440, 11192, 11021 and 10779 respectively and would act as Supports and Resistances.

- Nifty continues to trade below all DMAs and 50 DMA  has come above 200 DMA (Golden Cross has come more than about 20 months  ago) suggesting that the Long term outlook has become Bullish and  Nifty continues to trade below 200 DMA.

Technical Levels...

Breakout level :10500 Breakdown level : 10000

Bullish above 10375   with Resistance at 10450, 10525,10600

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.

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

- Moon would be transiting from Uttarabhadra 1 st Pada in Pisces to Krittika 2 nd Pada in Taurus .

- Sun transits from  Chitta 4 th    Pada in Libra  to Swati 1 st   Pada in Libra.

- Mercury transits from Visakha 2 nd to 3 rd Pada in Libra.

- Venus, in Retrograde motion, transits from Swati 2 md Pada in Libra to Swati 1 st Pada in Libra.

- Mars transits in Sravana 4 thPada to Dhanista 1 st Pada in Capricorn .

- Saturn transits in Moola 4 th Pada in Sagittarius and moves in Cancer Navamsa.

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

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

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

Closing Session  Better (for Monday)

Tithi :: Aswajuya Sukla Trayodasi

Nakshatra: U Bhadra

Persons born in Bharani, Pubba and P Shadha and those born in Aries and Leo are advised to be alert in their dealings.

Sensitive / Trend change Timings : 1.55PM

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to Open Subdued and remain So till about 14.15PM and remain Better thereafter from about 14.20AM  till end of the day.

Astro Technical Trading Strategy...

If Nifty fut trades below ATP by about 10.00 AM Short Positions can be taken with suitable SL and Such positions can be closed by about 2.00 PM. If Nifty Fut trades above ATP by about 2.15 PM, Long Positions can be taken with suitable SL and such Positions can be closed by about end of the day.

Technical Levels...

Resistance :10345,10380 Support :10260 ,10225

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

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..