Bearish below 10800
for the week between 11-02-2019 to 15-02-2019
NIFTY : 10,944 (+50)
Nifty traded in a range of
11118
to 10814 during last week and closed nearer to the High of the range for the week @ 10944 with a Gain of about 50 Points and made a positive weekly close.
- During the current week Nifty would transited between Aquarius and Pisces and made a range of 10925 to 11118.
It is a range for the coming 3 weeks. If the high is crossed it is
considered Bullish and break the Low it would be considered Bearish.
- 20 DMA, 50DMA, 100DMA, 200 DMAs are placed at about 10840, 10799, 10720, 10855 respectively and would act as Supports and Resistances.
-
Nifty again came above all the DMAs and 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 outlook again Bullish. Long Term Trend is Bearish. Short Term would be
Bearish if it closes below 10825 by the Weekend.
Technical Levesl...
Breakout level : 11100 Breakdown level : 10825
Bullish above
110025
with Resistance at 11050, 11125
Bearish below 10875
with Supports at 10740, 10665
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.
------------------------------ ----------------------------
Planetary Position...
-
Moon would be transiting from Aswini
3 rd Pada in Aries to Mrigasira
4 th Pada in Pisces.
- Sun
transits from Dhanishta 2nd to 3rd Pada in
Aquarius.
-
Mercury
transits from Satabhisham 2 nd to 3 rd Pada in Aquarius.
-
Venus
transits from Poorvashadha
1 st to 2 nd Pada in Sagittarius.
- Mars transits from Aswini 1 st to 2nd Pada in Aries.
- Saturn transits in Poorvashadha 3rd Pada in Sagittarius and moves in Libra Navamsa.
- Jupiter transits in Jyestha 3rd Pada in Scorpio and transits Aquarius Navamsa.
- Rahu transits in Punarvasu 4th Pada in Cancer and Ketu transits in Uttarashadha 2nd Pada in Capricorn.
------------------------------ ----------------------------
ASTRO TECHNICAL GUIDE FOR NIFTY
for February 11, 2019
Generally Subdued (for Monday)
Tithi : Magha Sukla Shashti
Nakshatra :
Ashwini
Persons born in
Rohini, Hasta, Shravanam and in Taurus, Virgo
are advised to be alert in their dealings.
NIFTY : 11,069.40 (+6.95)
Sensitive/Trend change Timings : 2.50
Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market
is expected to Open Bullish from
Opening till about 9.45 AM and
remain Steady thereafter till about 11.20 A M and remain Subdued thereafter from about 11.30 AM till about 3.00 PM .
Astro Technical Trading Strategy for the day...
If Nifty fut
trades Lower than
ATP by about 11.30 AM Short Positions can be taken with suitable SL and
Such positions can be closed by about 3.00
PM.
Technical Levels...
Resistance :
10985,11015
Supports :
10905,10870
------------------------------ ----------------------------
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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