Grahanila(Planetary positions) May 2023

As on 1st May 2023 Sun & Jupiter & Mercury & Rahu in Aries, Venus in Taurus, Mars in Gemini , Moon in Leo, Ketu in Libra and Saturn in Aquarius. Planetary transits in May: 15th Sun -> Taurus, 2nd Venus-> Gemini and 10th Mars -> Cancer.

In Apri Nifty moved up smartly and positioned above 64 DMA and 200 DMA and looks positive. But on last day RSI is above 70 and hence a warning signal that Nifty may reverse a bit shortly.

Grahanila(Planetary positions) April 2023

As on 1st April 2023 Sun & Jupiter in Pisces, Mercury & Venus & Rahu in Aries, Mars in Gemini , Moon in Cancer, Ketu in Libra and Saturn in Aquarius. Planetary transits in April: 15th Sun -> Aries, 6th Venus-> Taurus and 21st Jupiter -> Aries.

As usual at the end of March Nifty was jacked up by Mutual Funds and FIIs to show a better performance of their portfolios. Still, Nifty close is below 200 DMA and 64 DMA which is at 17482 and 17659 respectively. So wait till Nifty moves above that levels.