Nifty created a new high of 12103 on 3rd June 2019 against the level 12106 mentioned in 1st June 2019 post. Nifty's highest closing is at 12089 on 3rd June 2019 itself. After that Nifty moved down to 11625 on 19th June 2019 and bounced back to 11982 on 5th July 2019, the day the new Finance Minister Nirmala Sitharaman presented her first Budget. Just after the presentation of the budget, Nifty started it's sharp decline and touched 10637 on 23-Aug-19. Nifty remained range bound between 10650 and 11150 from 24-Aug-19 to 19-Sep-19. On announcement of huge corporate tax cuts by Finance Minister at 10.30 a.m. on Friday, Nifty boosted to 11382 on 20-Sep-19 and to 11695 on 23-Sep-19. Revenue foregone for reduction on corporate tax and other measures pegged at Rs 1.45 lakh crore per year. Nifty closing as on 30th September 2019 is 11474.
The year 2019 will usher to the stock market investors / mutual fund investors a magnificent opportunity that may come in once in a life time. When the sky is phenomenally beautiful ie. Saturn, Jupiter, Venus, Mars and Mercury seen around the eclipsed Sun is the time for the investment. The Grahasangamam (planetary congregation) occurs during December 2019 (similar to 2008-09 when Nifty fell from 6357 to 2539). As the next Kalasarpa Yoga is from 24th February 2020 to 28th May 2020, positional Equity buyers/Mutual Fund Equity Schemes investors should not enter it in bulk. Investments may be made in SIP over a period of five months from 10th January 2020. As the down move cannot be in a straight line it will be definitely in a zigzag fashion. Day/positional traders may observe the market keenly and patiently and make use of it. However, it is advised that the investors/traders may take their positions based on their own convictions only.
4 comments:
Hai,
It is very interesting and curious to know the consequences of plants being concentrated at Saggitarius . Thanks a lot for your prediction regarding its effect on Indian stock market. Expecting your follow up writing on the matter.
Thanks a lot for your serevice
Rajeeve
Trivandrum
Dear Rajeeve,
Please go through the post dated January 10, 2019 Kalki Avtar to know more.
Why the post is from "unknown" ? If you have not mentioned your name this post might not have been published. Nandi's stand is "let the message from unknown remain unknown".
Hai Sir ,
I have gone through your article on Kalki avthar . It is interesting reading.Gann calculation is also a notable piece of knowlede for me . Thanks for the guidance
But how can we precisely time the market and its directions? What else parameters can be employed to predict what is stored stored for us in the coming months.Can you mention when the actual effect of December 26 th Solar Eclipse effect is felt. Will that provide a clue for the solid reversal of the market.I feel that astrology is science which can provide us the right clue . But getting help in astrology id the big problem as this type of practishners are rare.
I expect more insight on the topic in your forum . thanks a lot for taking so much effort to keep your blog great
Rajeeve
Trivandrum
Dear Rajeeve,
As Nandi is not an astrologer, he had talked with friends who studied astrology for help.
What they said is their knowledge cannot be linked with stock market as it may not work. But Nandi know that it is not the case. During 2007 one Chaithreya Sasthri ( a media friend of mine) posted Nifty predictions for next day in his blog "Nifty Predictor" for a week which was perfect. His blog got more than 10000 hits second day and increased to 50000 within days. Then he stopped posting. I believe he was picked up by some FIIs by paying heavy salary.
Nandi started to think on these lines as he knows astronomy a bit and observed the coincidence of conjunctions and market fall from the Business Line he read as a fund manager of KSCB. After some time he gathered that WD Gann (USA) was a successful trader and used astrology for his trade. Nandi tried to gather as much writings and Gann and posted some of his observations in vipanisangeetham. It is said that Gann didn't follow traditional astrology but developed his own methods which was not revealed fully to the world. Please gather as much material of Gann so that it will be helpful.
It is known to many that the market crash seen every 4 years is related to Jupiters transit to fire Sign (Agni rasi) ie. Aries, Leo and Sagiturus. Jupiter moves to Sagiturus next month and from that period onwards we must be more cautious.
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