Nifty during December 2019

After rectification of desktop snags, "MarketMusic" videos will be posted in youtube channel. Happy New Year 2020 & Happy Trading

Grahasanghamam & Solar Eclipse on 26th Dec 2019

Grahanila(Planetary positions) as on 1st Dec 2019

As on 1st December 2019 Sun in Scorpio, Ketu & Saturn & Jupiter & Venus in Sagitarius, Moon in Capricorn, Rahu in Gemini and Mars & Mercury in Libra. Planetary transits in December: 17th Sun -> Sagitarius, 5th Mercury-> Scorpio, 15th Venus-> Capricorn, 25th Mars-> Scorpio, 25th Mercury-> Sagitarius.

Market always corrects during the period when Jupiter is in a fire sign and on 4th November 2019 Jupiter transited to Sagitarius which is a fire sign. Nandi expected that the correction may commence in October/November, but it didn't materialise even though all economic figures released were negative. However Nifty touched a new high # 12159 and highest closing # 12151 on 28th November 2019. Nifty closing as on 29th November 2019 is # 12056. Nandi calls it a correction when Nifty trades below SMA 64. Though Nandi preferred 64 as it is 8 x 8, he gathered that it has connections with planet Mercury. Mercury orbits around the Sun in 88 days and reducing the 24 holidays during the period we arrive at 64. Similarly 10 = fortnight -4 holidays and 5 = week - 2 holidays. Monthly Nifty figures, Agni, EMA 10 and graphical chart containing SMA 64 & RSI were posted at the end of every month for the guidance of viewers. Now it seems that the anticipated correction may commence in December or later in 2020. As already informed last month there will not be any blog posts / updates from January 2020.

Nandi anticipated that 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, based on the experience during Grahasangamam (planetary congregation) in 2008-09. The awaited Grahasangamam and Solar eclipse will take place on 26th December 2019. However, it seems that the awaited buying opportunity may be postponed to the year 2020.

The planetary positions given above are at the time of Sunrise in India(Kerala) and Moon's conjunction effect on markets may be seen in countries (Asia / Europe / US) where trading take places at the time of conjunction(10° - 0°). When the angular difference between the Moon and the planet at Sunrise is between 5 to 10 degrees and/or conjunction occurs in Rasis(constellations) other than the Sun's Rasi, there may be a delay up to 24 hours in the conjunction effect according to their positions {Note: expect only eighty percent accuracy in assumptions based on Moon's conjunction with Mars(-), Venus(-) and Jupiter(+) as some other astro factors may also influence the market}. Conjunction dates can be had from the table above. Figures given in brackets are Rasi number(0 through 11 starting from Aries), Degrees and Minutes. Sun and Moon transits approximately one degree and thirteen degrees respectively around the Earth in 24 hours.