Sunday, December 23, 2018

WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

First Half is likely to be Bearish  
for the week between  24.12.2018 to 28.12.2018
NIFTY : 10754 (-51)
Nifty traded in  a wide range of 10985  to 10739 during last week and closed nearer to the  Low  of the range  for the week at 10754 with a Loss of about 54  Points  and made a Negative  weekly  close after 1 week of Gain. Current week is truncated due to Christmas Holiday and also F&O expiry week.   
-  Moon would  transit between Aquarius and Pisces between 13 th to 17 th December  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 10900 and 10752. During the week it has crossed the High of the range upto 10985 and also it has breached the Low of the range upto 10739.  
 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 10550 by the  Weekend.  
- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about  10761, 10566, 10930 and 10766  respectively and would act as  Supports  and Resistances. 
 Nifty is only above  50 DMA but below all other  DMAs. 50 DMA  has come below 200 DMA (Death  Cross) suggesting that the Long term outlook has become  Bearish. 
Technical Levesl...
Breakout level : 10900        Breakdown level : 10550
Bullish above 10825 with Resistance at  10900, 10975   
Bearish below 10675 with Supports at 10600, 10525   
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  Punarvasu 3rd Pada in Gemini  to Moola 4th Pada in Leo.
Sun transits in Moola 3rd to 4th pada in Sagittarius.
- Mercury transits in Jyestha 1st Pada to 3rd Pada in Scorpio.
- Venus transits in Visakha 1st to 3rd Pada in Libra.
Mars transits in Poorvabhadra 4th to Uttarabhadra in Pisces.
Saturn transits in Poorvashadha 1 st to 2nd Pada in Sagittarius and  moves in Leo, Virgo Navamsas.
Jupiter transits in Anuradha 4 th  Pada to Jyestha 1st Pada in Scorpio and  transits in Scorpio, Sagittarius Navamsas.
- 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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ASTRO TECHNICAL GUIDE FOR NIFTY

for December 24, 2018

Volatile Movements
Tithi : Margasira Bahula Vidiya
Nakshatra : Punarvasu
Persons born in Aswini, Makha, Moola and  those born in Cancer and Scorpio  are advised to be alert in their dealings. 
NIFTY : 10967.30 (+58.60)  
Sensitive/Trend change Timings :  12.58; 2.07
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 10.30AM and remain Steady  from about  10.45 AM , till about 12.10PM.  Market is expected to be Better from about 12.15 PM till about 1.45 PM  of the day  and would remain Subdued till Close of the day.
Astro Technical Trading Strategy for the day...
If Nifty fut trades Better  than ATP by about 9.30 AM  Long Positions can be taken with suitable SL and Such positions can be closed by about  10.30 PM.  If Nifty Fut. Trades Higher than  ATP by about 12.15 PM  Long  Positions with suitable SL  can  be taken and closed by about 1.45 PM. If Nifty Fut trades below  ATP by About 2.00PM Short  Positions can be taken with suitable SL and Such positions can be closed by about end end of the day.
Technical Levels... 
Resistance :  10795,10830                Supports :  10715 ,10680
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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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