WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

IT COULD BE BEARISH BELOW 10730

for the week between  14.01.2019 - 18-01-2019

NIFTY : 10795 (+68)  

Nifty traded in  a range of 10870 to 10733 during last week and closed nearer to the Low range for the week @ 10795 with a Gain of about 68  Points  and made a Positive weekly close. 

- 20 DMA, 50DMA, 100DMA, 200 DMAs are placed at about  10816, 10701, 10856, 10798 respectively and would act as Supports and Resistances. 

-   Nifty is trading 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. 

-  The short term trend  has become Weak  and Medium Term is  Bullish.  It is  Bearish  for Long Term Trend.  Short Term would be Bearish if it closes below 10900 by the  Weekend. 

- During the next week Moon will transit in Aquarius Sign between Dhanishta and Poorvabhadra constellation and will transit in Revathi on Monday forenoon. During this Week Nifty traded in a range of 10739 to 10870.   Monday’s First Half also would get added to this range. If the High of this range is crossed, it would become Bullish and on the other hand if the Low of this range is pierced , it would become Bearish.

Technical Levesl...

Breakout level : 10950        Breakdown level : 10600

Bullish above 10875  with Resistance at 10950, 11025   

Bearish below 10720 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 4 th Pada in Pisces to Mrigasira 1 st  Pada in Taurus.

- Sun transits from  Uttarashadha 1 st Pada in Sagittarius to Uttarashadha 3rd  Pada in Capricorn.

- Mercury  transits from Poorvashadha 1st  Pada  Sagittarius to Poorvashadha 4th Pada  in Sagittarius.

- Venus transits from Anuradha 3rd  Pada to Jyeshta 1st Pada in Scorpio.

- Mars transits in Uttarabhadra 4^th  Pada  to Revati 1st  Pada in Pisces.

- Saturn transits in Poorvashadha 2nd Pada in Sagittarius and moves in Virgo Navamsa.

- Jupiter transits in Jyestha 2nd Pada in Scorpio and  transits Carpicorn Navamsa.

- Rahu transits in Punarvasu 4th Pada in Cancer and Ketu transits in Uttarashadha 2nd Pada in Capricorn.

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Forenoon Better (for Monday)

Tithi :  Pushya Sukla Astami

Nakshatra : Revati/Ashwani

Krittika, Uttara, Uttarashadha & Rohini, Hasta, Sravanam and  those born in Aries & Leo  are advised to be alert in their dealings. 

Sensitive/Trend change Timings :  12.51

Likely Intraday Trend... 

On the basis of planetary position and aspects amongst planets, Market is expected to Open Subdued  from  Opening till about 10.00 AM  and remain Better thereafter till about 13.15PM and remain Subdued from 13.15 PM till about  Close of the day.

Astro Technical Trading Strategy for the day...

If Nifty fut trades Better than ATP by about 10.00 AM Long Positions can be taken with suitable SL and Such positions can be closed by about  1.00 PM. If Nifty Fut. Trades Lower than ATP by about 1.15 PM Short Positions with suitable SL  can  be taken and closed by about end of the day. 

Technical Levels... 

Resistance :   10835,10870                  Supports :  10755 ,10720  

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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..