This Week BEARISH Below 11300
for the week between 25-29 March, 2019
NIFTY : 11,457 (+30)
11573 to 11413
Nifty traded in a range of 11573 to 11413 with a gain of 30 Points during last week and made Positive weekly close for consecutive 5th week.
- During the transition between Aquarius and Pisces Sign in 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 11573. It is likely to reach the second target of 11633 also.
- 20 DMA, 50DMA, 100DMA, 200 DMAs are placed at about
11122, 10945, 10809, 10903 respectively and they would act as Supports and Resistances.
- Nifty again came above all DMAs. 50 DMA also came above 200 DMA (Golden Cross) 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 11525 with Resistance at 11600, 11675
Bearish below 11375 with Supports at 11300, 11225
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 Anuradha
1 st Pada in Scorpio toUttarashadha
1 st Pada in Sagittarius.
- Sun transits from Uttarabhadra 3rd to 4th Pada in Pisces.
- Mercury transits in Poorvabhadra 1st Pada in Acquarius. Entering in Direct Motion.
- Venus transits from Dhanista 4th Pada in Capricorn to Satabhisham 1st
Pada in Aquarius.
- Mars transits from Krittika 2nd to 3rd 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
------------------------------
Closing Session Better (for Monday)
Tithi : Phalguna Bahula Panchami
Nakshatra : Anuradha
Persons born in
Bharani, Pubba, Poorvashadha and in Saggitarius, Aeries are advised to be alert in their dealings.
NIFTY :
11,462.20 (+35.55)
Sensitive/Trend change Timings : 1 PM
Likely Intraday Trend...
On the basis of planetary position and aspects amongst planets,
Market
is expected to Open Better from
Opening till about 10.25 AM and
remain Subdued till about 2.25 PM and could remain Better till about Close of the day.
Astro Technical Trading Strategy for the day...
If Nifty fut
trades Better than
ATP after 10.15 AM
Long Positions can be taken with
suitable SL and Such positions can be closed by about 10:15 AM. If
Nifty Fut trades Subdued than ATPby about 10.30AM, Short Positions can
be taken with suitable SL and such positions can be closed by about 2.00
PM.
And could remain Better from about 2.30
PM till about end of the day.
Technical Levels...
Resistance : 11495,11530 Supports : 11415,11380
------------------------------ ----------------------------
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..
No comments:
Post a Comment