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Welcome on 7th October, Friday Astrology session for financial markets.

Welcome on 11th October, Monday Astrology session for financial markets.

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Markets Cheered the RBI monetory announcements and also ratings and nifty close at 17895, Making a double top and a spinning doji.
This week has many important outcomings along with Q2 results
Globaly- Bank earnings, U.S.Data, Fed minutes, IMF world bank Annual meet, UK Data.
India- Major Q2 results, RS-INR, Impact of RBI policy.
Most interestingly IT sector results that has already started pouring.
Astrologically, 11- Sat Direct, 15- is an important CIT
Major Support/Resistance levels are 17783/18118/18798
Minor 17583/17716/17849/17983/18118
Today Astro Forecast:
Majorly it is the time of Mars/Sun/Mer(r) conjunctions. Means Bank, IT, Realty, Auto will be the main performers this week.
I am especially interested in IT sectors on bullish side.
As we are approching Saturn direct movement from here, I believe a major trend will evolve from 11/12.
Best strategy trade is to see the range break,at either side. Nifty is already at double top, any break is a upside trend or it will remain in range.
Today moon in Jyestha in start and will move to Mula at 12:55, so it is a two way market.
Astrologically it is a UP and then down market. If the markets open down then it will change its trend afterwards @2:30
So preferable strategy is to sell on rise in first part and buy in second part.
Today Important times in CIT
09:23
11:30
12:55
13:30
14:13
Today Watchlist on buy side.
Tata motors sustaining 376
Mahindra sustaining 867
HMT sustaing 30.50
Canara and Bank of Baroda- Swing
Indian energy exchange-Swing trade
Today watchlist on sell side.
Gujrat gas below 618
Biocon below 359
cummins below 882
Have a great trading day ahead. Happy trading.
Disclaimer: Astrology analysis meant only for educational purposes.

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