ASTRO TECHNICAL GUIDE FOR NIFTY

for JANUARY 29, 2019 

Mid Session Better 

Tithi : Magha Sukla Panchami

Nakshatra : Poorvabhadra, Uttarabhadra

Alert : Persons born in Ashwini, Makha, Moola / Bharani, Pubba, Poorvashadha  and in Aries, Leo are advised to be alert in their dealings.   

NIFTY : 12055.80  (-63.20)  

Sensitive/Trend change Timings : 12.12

Likely Intraday Trend... 

On the basis of planetary position and aspects amongst planets, Market is expected Open Better and remain so upto 10.05 AM. It would remain Steady thereafter upto the 11.40 AM and again Better upto  12.10 PM. Later it may Subdued till the end of the day.

Astro Technical Trading Strategy for the day...

If Nifty Futures is above ATP by 10.05 AM Long Positions can be taken with suitable Stoploss and such positions can be closed by 12.10 PM. If it trades below ATP by 12.30 PM Short Positions can be considered to close at 3.15 PM.

Technical Levels for the Day...

Resistance :  12095, 12130      Supports :  12015, 11980

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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