ASTRO TECHNICAL GUIDE FOR NIFTY

for JUNE 04, 2019 

Afternoon Better 

Tithi : Jyestha Sukla Padyami

Nakshatra : Mrigasira

Persons born in  Pushyami, Anuradha, Uttarabhadra and in Gemini, Libra  are advised to be alert in their dealings.   

NIFTY : 12,088.55     (+165.75)   

Sensitive/Trend change Timings :  11.38

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 11.30 AM and remain Better thereafter till about 1.35 PM and remain Steady till 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  11.15 AM. If Nifty Fut trades above 11.45 AM  Long Positions can be taken with Suitable SL and such positions can be taken to  be closed by 1.30 PM .    

Resistance :   12130,12170       Supports :  12045,12005

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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