Outlook
for the Week 29.10.2018 to02.11.2018
NIFTY
:: 10030 (-274)
Nifty
traded in a range of 10005 to 10409 during last week and closed
nearer to the Low of the range at 10030 with a Loss of about 274
Points (a Loss of about 2.66%) and made a Negatiive weekly close for
the Second week. Short Term would be Bullish if it closes above 10300
towards Weekend.
- 20
DMA, 50DMA, 100DMA and 200 DMA are placed at about 10458, 11050,
10095 and 10770 respectively and would act as Supports and
Resistances.
- Nifty
continues to trade below all the DMAs. 50 DMA has come above 200 DMA
(Golden Cross has come more than about 20 months ago) suggesting that
the Long term outlook is Bullish.
- Moon has commenced
transit between Aquarius and Pisces between 19 th October to 23 rd
October and made a range of 10409 to 10102. This range would be the
Base for the next Three weeks.
Technical
Levels...
Bullish
above 10100 with Resistance at 10175, 10250,10325
Bearish
below 9950 with Supports at 9875, 9800,9725
Breakout
level : 10300 Breakdown level : 9800
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 Aardra 1 st Pada in Gemini
to Makha 2 nd Pada in Leo.
- Sun
transits from Swati 2 nd and 3 rd Pada in Libra.
- Mercury
transits from Visakha 4 th Pada to Anuradha 2 nd Pada in Scorpio .
- Venus,
in Retrograde motion, transits from Swati 1 st Pada to Chitta 4 th
Pada in Libra.
- Mars
transits in Dhanishta 1 st Pada to Dhanishta 2 nd Pada in Capricorn .
- Saturn
transits in Moola 4 th Pada in Sagittarius and moves in Cancer
Navamsa.
- Jupiter
transits in Anuradha 1 st Pada in Scorpio and transits in Leo
Navamsa.
- Rahu
transits in Pushyami 2nd
Pada in Cancer and and
Ketu transits in Uttarashadha 4 th quarter in Capricorn Rasis and
transits in Libra and Pisces Navamsas.
----------------------------------------------
Second
Half Better (for Monday)
Tithi
:: Aswajuya Krishna Panchami
Nakshatra:
Aardra
Persons
born in Aslesha, Jyeshta and Revati and those born in Cancer
and Scorpio are advised to be alert in their dealings.
Sensitive/Trend
change Timings : 11.58 AM
Likely Intraday Trend...
On
the basis of planetary position and aspects amongst planets, Market
is expected to Open Subdued and remain Subdued till about 11.30 AM
and remain generally Steady till about 13.10 PM and remain Better
from about13.15 PM till about 3.00 PM and remain Subdued towards
Close of the day .
Astro Technical Trading
Strategy...
If Nifty fut trades below
ATP by about 9.30 AM Short Positions can be taken with suitable SL
and Such positions can be closed by about 11.15 AM. If Nifty Fut.
Trades above ATP by 1.15 PM Long Positions can be taken with Suitable
Stop Loss and can be closed by about 3.00 PM.
Technical Levels...
Resistance : 10070,10105
Support : 9990 ,9955
------------------------------
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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