This Week also BULLISH ABOVE 11600
for the week between 18-22 March, 2019
NIFTY : 11,427 (+391)
Nifty traded in a range of 11487 to 11060 with a big gain of 391 Points (3.54%) during last week and made Positive weekly close for consecutive 4th week. It gained all the 5 weeks.
- During the last week, Nifty transited in Aquarius and Pisces Sign between Dhanishta and Uttarabhadra constellations and made a range of 10817 to 11089.
Since the High of this range is crossed it had become
Bullish and it had reached the target of 11487.
If it touches next week a high of 11633, it would hit the Second Target
too.
- 20 DMA, 50DMA, 100DMA, 200 DMAs are placed at about
10959, 10890, 10762, 10889 respectively and they would act as Supports and Resistances.
- Nifty again came above all DMAs. 50 DMA also came above 200 DMA (Golden Cross) after suggesting that the Long term outlook has become Bullish again. Short Term would bearish if it closes below 11300 by the Weekend.
Technical Levesl...
Breakout level : 11600 Breakdown level : 11300
Bullish above 11500 with Resistance at 11575, 11650
Bearish below 11350 with Supports at 11275, 11200
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 Aslesha
2nd Pada in Cancer to
Chitta 1 st Pada in Virgo.
- Sun transits from Poorvabhadra 4th to Uttarabhadra 2nd Pada in Pisces.
- Mercury transits in Retrograde motion from Poorvabhadra 2nd to 3rd Pada in Acquarius.
- Venus transits from Dhanista 1st to 3rd in
Acquarius.
- Mars transits from Krittika 1st Pada in Aries to Krittika 2nd Pada in Taurus.
- 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
------------------------------
Forenoon Session Better (for Monday)
Tithi : Phalguna Sukla Dwadasi
Nakshatra : Ashlesha
Persons born in
Krittika, Uttara, Uttarashadha and in Leo ,Sagittarius are advised to be alert in their dealings.
Sensitive/Trend change Timings : 11
Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets, Market is expected Open Better from Opening till about 12.45 PM and
remain Steady/Subdued till about 3.00
PM and could remain Better till about Close of the day.
Astro Technical Trading Strategy for the day...
If
Nifty Futures trades Better than ATP after 9.30AM Long Positions can be
taken with sutable stoploss and such positions can be closed by
12.40PM. It it trades below ATP by arount 12.50 PM Short Positions can
be taken and such positions can be closed by 3 PM and remian till end of
the day.
Technical Levels...
Resistance : 11470,11505 Supports : 11385 ,11350
------------------------------
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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