WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

BULLISH ABOVE 11000 

for the week between  21.01.2019 - 25-01-2019

NIFTY : 10907 (+112)  

Nifty traded in  a range of 10931 to 10692 during last week and closed nearer to the High of the range for the week @ 10907 with a Gain of about 112  Points and made a Positive weekly close. 

- During the Previous Two weeks Nifty  transited in Aquarius and Pisces Sign between Dhanishta and Revati constellations. During this Period Nifty traded in a range of 10692 to 10870. High of this range is crossed on Tuesday,  it had  become Bullish and went upto 10931 and has not finished the First Target also(11050) .  

- 20 DMA, 50DMA, 100DMA, 200 DMAs are placed at about  10807, 10749, 10825, 10822 respectively and would act as Supports and Resistances. 

-   Nifty is now below all the DMAs. 50 DMA  has come below 200 DMA (Death  Cross) suggesting that the Long term outlook has become  Bearish. 

-  The Short Term trend and Medium Term is  Bullish. It is  Bearish  for Long Term Trend. Short Term would be Bearish if it closes below 10750 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 10825  with Resistance at 11050, 11125

Bearish below 10825 with Supports at 10750, 10675 

 

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 Pushyami 1 st  Pada in Cancer to Uttara 4 th Pada in Virgo.

- Sun transits from Uttarashadha 4th Pada in Capricorn to Sravana1st Pada in Capricorn.

- Mercury  transits from Uttarashadha 2 nd  to 4 th Pada in Capricorn.

 - Venus transits from Jyeshta 2nd tl 4th Pada in Scorpio.

- Mars transits in Revati 1st to 2nd  Pada in Pisces.

- Saturn transits in Poorvashadha 2nd to 3rd Pada in Sagittarius and moves in Virgo/Libra 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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ASTRO TECHNICAL GUIDE FOR NIFTY

for January 21, 2019

Opening Session Better (for Monday)

Tithi :  Pushya Sukla Pournima

Nakshatra : Pushyami

Bharani, Pubba, Poorvashadha  and  those  born in Leo, Sagittarius  are advised to be alert in their dealings.  

NIFTY :  10,905.20   (+14.90)  

Sensitive/Trend change Timings :  10.38

Likely Intraday Trend... 

On the basis of planetary position and aspects amongst planets, Market is expected to  Open Better  from  Opening till about 10.35 AM  and remain Steady thereafter  till about 12.15PM and remain Subdued thereafter from 12.30 PM till about  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 beclosed by about 10.30 AM.  If  Nifty Fut trades Lower than  ATP by about 12.30 PM  Short  Positions  can be taken with suitable SL   and closed by about end of the day.  

Technical Levels... 

Resistance :   10945,10980                Supports :  10865 ,10830   

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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..