WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

This week Range is Key for 3 Weeks

(for the week between  17.12.2018 to 21.12.2018)

NIFTY : 10805 (+112)

Nifty traded in  a wide range of 10817  to 10334  during last week and closed nearer to the Low  of the range  for the week at 10805  with a Gain of about 112  Points (about 1.05%).  Market made a Positive  weekly close for the First week after  1 week of Loss.  

-  Moon would  transit between Aquarius and Pisces between 13 th to 17 th (from Thursday to Monday)  and the range would  be the  Base for the next Three weeks.  When  the Low of  this range is breached,  it would  become   Bearish  and  if the range is crossed on the High side, it would be Bullish. During the First Two days i.e., Thurs and Fridays Market has moved between 10817 and 10752. It should be seen How it would move on Monday. 

-  Market is Bullish in Short and Medium Terms but it is  Bearish for Long  Term Trend. Short Term would be Bearish if it closes below 10600 by the  Weekend.  

- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 10711, 10534, 10938 and 10753 respectively and would act as  Supports  and Resistances. 

-   Nifty continues to trade above 200 DMA Long term  moving average  and 50 DMA  has just come below 200 DMA (Death   Cross has come  just below Five weeks only ) suggesting that the Long term outlook has become  Bearish and however, Nifty continues to trade above   200 DMA. Nifty is only above 20 DMA and 50 DMA but below 100 DMA . 

Technical Levesl...

Breakout level : 10950        Breakdown level : 10600

Bullish above 10875  with Resistance at  10950, 11025   

Bearish below 10725 with Supports at 10650, 10575   

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  Revati 1 st  Pada   in Pisces  to Rohini 3 rd  Pada in  Taurus. 

- Sun transits in Anuradha 1 st  to 2nd pada in Sagittarius.

- Mercury transits in  Anuradha 2nd  Pada to 4 th Pada in Scorpio.

- Venus transits in Swathi 3rd to 4th Pada in Libra.

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

- Saturn transits in Poorvashadha 1 st in Sagittarius and  moves in Leo  Navamsa.

- Jupiter   transits in  Anuradha 4 th  Pada in Scorpio and  transits in Scorpio Navamsa.

- Rahu transits in Pushyami 1 st  Pada in Cancer  and and Ketu transits in Uttarashadha 3 rd  quarter  in Capricorn  Rasis  and transits  in Leo  and Aquarius Navamsas.

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Generally Bullish (for Monday)

Tithi : Margasira Sukla Dasami

Nakshatra : Revathi

Persons born in  Krittika, Uttara and Uttarashadha and those  born in Pisces and Cancer  are advised to be alert in their dealings. 

NIFTY : 10791.55 (+52.95)  

Sensitive/Trend change Timings :  9.27 AM

Likely Intraday Trend... 

On the basis of planetary position and aspects amongst planets, Market is expected to  Open  Better   and remain So from   beginning  till about 9.30AM and remain Better  till 12.30 PM. Again from 2.10 PM Market would remain Better till about end of the day.  

Astro Technical Trading Strategy for the day...

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  12.30 PM. If Nifty Fut. Trades above  ATP by about 2.15 PM Long  Positions can be taken and Closed by about end of the day.  

Technical Levels... 

Resistance : 10845,10880             Supports : 10765 ,10730

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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..