WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

Current Week Range is 

Crucial for Next Month

for the week between 27-31 May, 2019

NIFTY :  11,844  (+437)    

Nifty traded in a  range of 12041 to 11592  during last week and  closed nearer to the High of the week's range at 11844 with a Big Profit of 437 Points and made a Positive weekly close for the Second Consecutive Week.

-  During the week, Nifty would transit in Aquarius and Pisces Sign between Satabhisham to Revati constellations and  would form a Range which would form a Basis for the next Three weeks. If it crosses the Hgh of  next Week, it would be Bullish and  and vice versa. 

- 20 DMA, 50DMA, 100DMA, 200 DMAs are placed at about  11529, 11547, 11191, 11055 respectively and they would act as Supports and Resistances.        

- Nifty again came above all DMAs. As 50 DMA is above 200 DMA (Golden Cross) suggesting that the Long term outlook is Bullish. Short Term would become  Bearish if it closes below11600 by the Weekend.  

Technical Levesl...

Breakout level : 12050       Breakdown level : 11600

Bullish above 11925 with Resistance at 12000, 12075

Bearish below 11775  with Supports at 11500, 11625

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 Satabhisham 3rd Pada in Aquarius to Ashwini 3rd Pada in Aries.

- Sun transits from Rohini 1st and 2nd Pada in Taurus.    

- Mercury  transits in Rohini 3rd Pada to Mrigasira 2nd Pada in Taurus.   

- Venus  transits in Bharani 3rd to 4th Pada in Aries. 

- Mars transits in Aardra 2nd to 3rd Pada in Gemini.   

- Saturn in Retrograde Motion, moves in  Poorvashadha 4th Pada in Sagittarius in Scorpio Navamsa. 

- Jupiter, in Retrograde Motion, moves in Jyeshta 3rd to 4th Pada in Scorpio and transits in Aquarius Navamsa.   

- Rahu transits in Punarvasu 2nd Pada in Gemini and Ketu transits in Poorvashadha 4th Pada in Sagittarius

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Second Half Better  (for Monday)

Tithi :  Vaisakha Bahula Navami

Nakshatra : Satabhisham

Persons born in  Aslesha , Jyeshta, Revati  and  in Pisces, Cancer  are advised to be alert in their dealings.   

Sensitive/Trend change Timings :  9.27

Likely Intraday Trend... 

On the basis of planetary position and aspects amongst planets, Market is expected to Open Subdued and remain So  thereafter till  about 12.40AM and remain Better till  about 2.45 PM and could remain Steady thereafter till about end of the day.

Astro Technical Trading Strategy for the day...

If Nifty fut trades trades  below ATP by about 9.30 AM Short Positions can be taken with suitable SL and Such positions can be closed by about  12.30 PM. If Nifty Fut. Trades above ATP by about 12.45 PM Long  Positions can be taken with Suitable SL and can be closed by about 2.45 PM.

Resistance :   11885,11925       Supports :  11805,11765

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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..


- Bhuvanagiri Amarnadh Sastry, Astro Technical Analyst