Sunday, November 4, 2018

WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY



Moorat Trading Special Week    
  
Nifty Outlook for the Week 05.11.2018 to 09.11.2018

NIFTY : 10553 (+523)

Nifty traded in a wide range of 10020  to 10607 during last week and closed nearer tothe High at 10553 with a Gain of about 523  Points (about 5.21%) made a Positive  weekly   close for the First week after 2 weeks of Loss.

Moon had commenced  transit  between Aquarius and Pisces between 19 th October  to 23 rd  October  and made a range of 10409 to 10102.  When  the Low of  this range is breached it had  become Bearish and it has come till 10005. Last week Market wentup to 10607 and it is on the verge of its way up to reach the first target  of 10715.

-   - The short term  trend  has become Bullish and Medium Term is  Bearish. It is already Bullish for Long  Term Trend. Short Term would be Bullish if it closes below 10300 by the Weekend.  

-   - 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 10326, 10942, 10978 and 10765 respectively and would act as  Supports  and Resistances.

-   - Nifty has again came above all 20 DMA 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. Nifty is only above 20 DMA.

Technical Levels…

Breakout level : 10765             Breakdown level : 10250.

Bullish above 10625 with Resistance at 10700, 10775,10850 

Bearish below 10475 with Supports at 10400, 10325,10250. 


 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 Hasta 2 nd Pada  in Virgo to Anuradha 4 th  Pada in  Scorpio.

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

-   - Mercury  transits from Anuradha 3 rd  Pada to 4 th   Pada  in  Scorpio.

-  - Venus, in Retrograde motion, transits from  Chitta 3 rd  and 4 th Pada in  Libra.

-  - Mars transits in Dhanishta 2 nd   Pada in Capricorn to Dhanishta 3 rd Pada in Aquarius .

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

-   - Jupiter   transits in Anuradha 2 nd  Pada  in Scorpio and  transits in Virgo  Navamsa.

-   - Rahu transits in Pushyami in Cancer and and Ketu in Uttarashadha in Capricorn Rasi in Leo  and Aquarius  Navamsas.

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Volatile Movements  (for Monday)

Tithi :: Aswajuya Krishna Trayodasi 

Nakshatra : Hasta

Persons born in Punarvasu, Visakha and Poorvabhadra and those  born in  Libra and Aquarius are advised to be alert in their dealings.                                                                         
Sensitive/Trend change Timings  : 12.34PM; 2.48 PM

Likely Intraday Trend…

On the basis of planetary position and aspects amongst planets, Market is expected to  Open  Better   and remain Better from about  9.30 AM and  remain  Steady from  about 11.30 A M and remain weak from about 1.30 PM  till about Close 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  11.30  AM. If it trades below  ATP by about 1.30 PM Short Positions can be Closed by about end of the day. 

Technical Levels…

Resistance : 10595,10630   Support  : 10515 ,10480


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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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