BULLISH ABOVE 11100
for the week between 11-15 March, 2019
NIFTY : 11,035 (+171)
Nifty traded in a range of 11089 to 10817 with a heavy gain of 171 Points during last week and made Positive weekly close.
- During the forthcoming week, Nifty would transited in Aquarius and Pisces Sign between Dhanishta and Uttarabhadra constellations and made a range of 10817 to 11089. If the High of this range I s crossed it would become Bullish and if the Low of this range is crossed it would become Bearish.
- 20 DMA, 50DMA, 100DMA, 200 DMAs are placed at about 10840, 10840, 10717, 10869 respectively and they would act as Supports and Resistances.
- Nifty again came above all DMAs. 50 DMA has come below 200 DMA (Death Cross) suggesting that the Long term outlook has become Bearish.
- The Short Term, Medium Term trends are Bullish again and only Long Term trend is Bearish. Short Term would bearish if it closes below 10850 by the Weekend.
Technical Levesl...
Breakout level : 11100 Breakdown level : 10850
Bullish above 11125 with Resistance at 11200, 11275
Bearish below 10950 with Supports at 10875, 10800
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 Bharani 1st Pada in Aries to Aardra 2 nd Pada in Gemini.
- Sun transits from Poorvabhadra 2nd to 4th Pada in Aquarius.
- Mercury transits in Retrograde motion from Uttarabhadra 2nd in Pisces to Poorvabhadra 3rd Pada in Acquarius.
- Venus transits from Sravana 3rd to 4th Pada in Capricorn.
- Mars transits from Bharani 3rd to 4th Pada in Aries.
- Saturn transits in Poorvashadha 4th Pada in Sagittarius and moves in Scorpio Navamsa.
- Jupiter transits in Jyestha 4th Pada in Scorpio and transits Pisces Navamsa.
- Rahu transits in Punarvasu rd Pada in Gemini and Ketu transits in Uttarashadha 1st Pada in Sagittarius
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Opening Session Better (for Monday)
Tithi : Phalguna Sukla Panchami
Nakshatra : Uttarabhadra
Persons born in Mrigasira, Chitta, Dhanista and in Taurus, Virgo are advised to be alert in their dealings.
NIFTY : 11,058. 20 (+5.20)
Sensitive/Trend change Timings : 9.16
Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected Open Steady fromOpening till about 9.30 AM and remain Steady / Better till about 12.30PM and remain Subdued thereafter till about 2.45 PM and remain Steady till end of the day.
Astro Technical Trading Strategy for the day...
If Nifty fut trades Better than ATP after 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 Subdued than ATPby about 12.45 PM, Short Positions can be taken with suitable SL and such positions can be closed by about 2.45 PM of the day.
Technical Levels...
Resistance : 11100,11135 Supports : 11015 ,10980
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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.
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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