WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

Bullish above 11900 by weekend   

for the week between  22-26 April, 2019

NIFTY :  11,753 (+110)     

Nifty traded in a  range of 11856  to 11648  during last week and closed nearer to the Middle of the range  for the week at 11753 with a Gain of about 110 Points and made a Positive weekly close after one week of loss.   

-  During the week, Nifty when transited between Aquarius and Pisces Sign in Dhanishta  and Revati constellations it made a range of 11761-11559. During the last Week,  it could cross the High till about 11856.  Next week it should cross 11975 to reach the 1 st Target.

- 20 DMA, 50DMA, 100DMA, 200 DMAs are placed at about  11604, 11230, 11013, 10983  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 become  Bearish if it closes below 11600  by the  Weekend.  

Technical Levesl...

Breakout level : 11900       Breakdown level : 11600

Bullish above 11825 with Resistance at 11900, 11975   

Bearish below 11675  with Supports at 11600, 11525

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 Anuradha 3rd Pada in Scorpio to Moola 2 nd Pada in Sagittarius.

- Sun transits from Ashwini 3rd to 4th Pada in Pisces.  

- Mercury  transits in Uttabhadra 3rd Pada to Revathi 1st Pada in Pisces.

- Venus  transits in Uttarabhadra  2nd to 3rd Pada   in Pisces.

- Mars transits in Rohini 4th Pada in Taurus.  

- Saturn transits in Poorvashadha 4th Pada in Sagittarius and moves in Scorpio Navamsa.

- Jupiter, in Retrograde motion, moves in  Moola 1st  Pada in Sagittarius  and transits in Aries to Pisces Navamsa.   

- Rahu transits in Punarvasu 3 rd Pada in Gemini and Ketu transits in Uttarashadha 1st Pada in Sagittarius

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Second Half Better (for Monday)

Tithi :  Chaitra Krishna Tadiya

Nakshatra : Anuradha

Persons born in   Bharani, Pubba, Poorvashadha and in Saggitarius, Aries  are advised to be alert in their dealings.   

NIFTY : 11,787.15   (+96.80)  

Sensitive/Trend change Timings : 10.44

Likely Intraday Trend... 

On the basis of planetary position and aspects amongst planets, Market is expected to Open Subdued  till about 10.35AM  and remain Steady   thereafter  till about 1.00 PM  and remain Better   till about 3.00 PM  and could remain Subdued towards Close  of the day.

Astro Technical Trading Strategy for the day...

If Nifty fut trades below ATP by about 9.30 AM Short Positions can be taken with suitable SL and Such positions can be closed by about  10.30 AM. If Nifty Fut trades above ATP 1.15 P M Long  Positions can be taken with Suitable Stop Loss and Such Positions can be closed by about 3.00 PM. 

Technical Levels... 

Resistance :   11790,11830        Supports :  11710,11685

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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..