ASTRO TECHNICAL GUIDE FOR NIFTY

for DECEMBER 17, 2019 

Generally Steady/Subdued 

Tithi : Margasira Bahua Shasthi

Nakshatra : Makha 

Alert :  Rohini, Hasta, Sravana  and in Virgo, Capricorn  are advised to be alert in their dealings.   

NIFTY : 12053.95    (-32.75)  

Sensitive/Trend change Timings : 2.05

Likely Intraday Trend... 

On the basis of planetary position and aspects amongst planets, Market is expected Open Subdued and remain so till 11 AM.  Later it would remain Better thereafter till 12.40 PM and Steady upto 2.10 PM. Again it may trade Sundued til the end of the day.

Astro Technical Trading Strategy for the day...

If Nifty Futures is below ATP by 9.30 AM Long Positions can be taken with suitable Stoploss and they should be closed by 11 PM. If it continues below  ATP by 2.15 PM some more Short Positions can be taken  and they have to be closed by the end of the day.

Technical Levels for the Day...

Resistance :  12095, 12130      Supports :  12010, 11970

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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