ASTRO TECHNICAL GUIDE FOR NIFTY

for FEBRUARY 04, 2020

Forenoon Strong 

Tithi : Magha Sukla Dasami

Nakshatra : Rohini

Alert : Persons born in  Ashwini, Makha, Moola  and in Gemini, Libra  are advised to be alert in their dealings.   

NIFTY : 11707.90  (+46.05)  

Sensitive/Trend change Timings : 11.33; 1.25

Likely Intraday Trend... 

On the basis of planetary position and aspects amongst planets, Market is expected Open Better and remain so upto 11.10 AM and again Better between 1.10 PM to 2.55 PM. It would remain Subdued thereafter upto the end of the day.

Astro Technical Trading Strategy for the day...

If Nifty Futures is above ATP by 9.30 AM Long Positions can be taken with suitable Stoploss and such positions can be closed by 1 AM again if it is above ATP by 1.15 PM more Long Positions can be considered and they have to be closed by 2.45 PM. If it trades below ATP after 3 PM Short Positions can be taken and they can be closed by the end of the day. 

Technical Levels for the Day...

Resistance :  11750, 11785      Supports :  11665, 11630

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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