Tuesday, November 3, 2009

Nifty in Chatusruti Rishabham


In the post dated 25th October, 2009 visitors are advised to exit all longs on Friday, the 30th October as the next Full Moon day was on 2nd November, 2009. Due to Moon-Jupiter conjunction, anticipated fall started much earlier. Even then, today's fall of 148 points and closing at 4564 in Chatusruti Rishabham (Low:4348, Mid:4464, High: 4611) can be attributed to the Full Moon effect. As back data is not available, it cannot be said whether the transition of Shukra (Venus) from Kanni(Virgo) to Thulam(Libra)on today 18th Thulam 1185 ie. 3rd November, 2009 had any effect on today's market fall. Today's Nifty close is just above tomorrow's Agni level at 4553. If Nifty slides below Agni level tomorrow next stop will be at the centre of Chatusruti Rishabham at 4464.

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