Nifty closes at 8588, highest in the year 2014

Today(Friday, 28th November, 2014) Nifty opened at 8517 with a gain of 23 points, surged past 8532 and reached 8617 by 12.00 noon and closed at 8588 with a gain of 94 points. Nifty futures range was 8575 - 8668 a difference of 93 points. If daily average moves above 8580 Nifty may move up to the top of R1(8696).

Nifty during November 2014 so far

Current upmove started from 7724 on 17th October 2014 reached a high of 8490 today. A gain of 766 points during last 35 days. Nifty may touch Kaprekar numbers 8523 and 8532 on Monady and daily average at centre of R1(8463).

Grahanila(Planetary positions) as on 1st Nov 2014

As on 1st November 2014 Saturn, Sun & Venus in Libra, Mars in Sagitarius, Moon in Capricornus, Ketu in Pisces, Jupiter in Cancer and Rahu & Mercury in Virgo . Planetary transits in November: 2nd Saturn -> Scorpio(after 27 months in Libra), 4th Mercury -> Libra, 12th Venus -> Scorpio, 17th Sun -> Scorpio, 24th Mercury ->Scorpio and 27th Mars -> Capricornus.

The planetary positions given above are at the time of Sunrise in India(Kerala) and Moon's conjunction effects on markets may be seen in countries (Asia / Europe / US) over which conjunction(0°) take places. When the angle difference between Moon and the planet is more than 5 degrees or conjunction occurs in Rasis(constellations) other than the Sun's Rasi, there may be a delay up to 24 hours in the conjuntion effect according to their positions. As Moon conjuncts with Mars on 26th Nifty may move downwards on 26th. Moon conjuncts with Venus on market holiday and hence no effect. Since Saturn, Sun, Venus and Mercury transits to Scorpio high volatility is expected.