niftybnn

Nifty Astro BNN View 13 Feb 2024

Long
NSE:NIFTY   Nifty 50 Index
Om Gam Ganapataye Namaha ||

Nifty Astro BNN View: 12 & 13 February 2024 - A Look Ahead

Macro Trend: The overall market direction is expected to remain unchanged until April 24th, 2024.

Yesterday's Recap: As predicted, the market experienced sharp declines due to the direct influence of Mars on Rahu. Traders were advised to enter long positions when 30-minute lows breached and long stops were triggered, and the market presented several opportune moments for this strategy.

13th February 2024 Outlook:

Rahu remains active: While Rahu maintains its dominant position within the current planetary string, Jupiter's movement to the 5th house throughout the day (fully entering by evening) introduces new dynamics.
Upside limitations with potential: Saturn's aspect on Jupiter might impose some limitations on upward movement, but the positive synergy of the 1-5-9 trine (with the added influence of Mercury) suggests a significant bounce back for Bank Nifty, potentially occurring afternoon on the 13th or on the 14th.

Trading Strategy: Considering the Jupiter-Mercury-Saturn interaction, traders can cautiously build long positions.

Key Event: Jupiter's entry into the 5th house is anticipated to trigger a notable upswing in Bank Nifty due to Mercury's positive aspect on Jupiter.

Current Planetary Positions:

Jupiter: House 4 (as per BNN)
Rahu: Active planet
Opposing Rahu: Mars (180 degrees)
BNN String: Rahu - Venus - Moon - Sun
Expected Impact:

Potential for sudden intraday dips due to the direct Mars-Rahu aspect.
Trading Strategy:

Position: Long
Entry: During significant intraday dips
Exit: Utilize a hit-and-run strategy due to the volatile Mars-Rahu influence
Technical Levels: Enter when long side intraday stops trigger.

Disclaimer: This analysis is based on astrological interpretations and should not be considered financial advice. Please consult a qualified financial advisor before making any investment decisions.
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