Sunday, July 18, 2010
Sun transits to Cancer ( Karkitaka) ie. above 90 °
On Friday(16-7-10) Nifty opened at 5389 with a gain of 10 points, moved in a very narrow range of 5374 - 5391 up to 12.30, moved up to 5401 and closed at 5394 with a gain of 15 points. Nifty futures range was 5372 - 5405. Moon-Mars conjunction effect didn't reflect here. But, DOW was down 261 points(2.52%)which may reflect here on Monday. Monday's Agni level is at 5419.
On Saturday(17-7-10) Sun transited to Cancer ie. above 90 degrees, an important event as per GANN. Sun between 90° to 210° ie. Cancer to Libra is generally not good for market. Mercury also in Cancer, Venus and Mars in Leo, Saturn and Moon in Virgo and Jupiter in Pieces (Chart given below).