Friday, September 29, 2017

Nifty during September 2017

The clarifications given on September 5, 2017 for comments made on 1st September 2017 post, extracted below for the information and guyidance of all viewers.

The period up to 25th October 2017 is definitely a very confusing period. Up to 5th September Merucry retrograde which is negative to market. From 18th September Kala Sarpa Yoga which is also negative to market. At the same time up to 6th October Venus and Mars will be coming closer and closer which will be positive to market. It is yet to be seen which is more powerful. However, what Nandi felt was posted on 1st September 2017 and advised not to trade on these presumptions due to the fact that many other astro factors are involved and their influance on market is not considered. These type of situations does not occur frequently and without observing many times a theory cannot be put forward. Present case is to check the validity of observations made by WD GANN. Kindly note that Saturn will transit to 23.55 degrees of Sagitarius only after two years and many things can happen in between.
In this connection it may be noted that market does not go up or down in a straight line. Nifty will not close positively or negatively continuously for more than 7 days. Up or down trend may continue for a period of 21 days (all days need not be positive or negative). When ever daily RSI is beyond the range of 20-80 market may go for correction also. So, be cautious and do trades according to your proven methods. Besides the above, Nandi looks for Agni level, EMA(Exponential Moving Average) 10 and daily Moving Average 64 before taking or exiting any positions.
Therefore, assuming market moves in advance for a month and beyond is not at all feasible. Please understand your own limitations and trade accordingly to avoid heavy losses.

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