Nifty volatility during March 2015

March F&O settlement - Nifty down 189 points

Today(Thursday, 26th March 2015) Nifty opened at 8475(-56), moved up to 8499, declined steadly to 8325(-206), recovered up to 8385 and closed at 8342 with a loss of 189 points. Nifty futures range was 8500 - 8329, a difference of 171 points. Today's Nifty movement was unlike any other F&O settlement day which will be marked by intraday up and down swings between 50-100 points. This was due to global sell off at Europe and USA markets yesterday as a result of Saudi Arabias airstrike on Yemen. Agni level for Friday is at 8386.

Nifty movements in first fortnight of March 2015

On Friday the 13th March 2015, Nifty opened at 8844, moved up a bit to 8850, moved down to 8632 and closed at 8648 with a loss of 128 points. Nifty futures range was 8874 - 8652, decline of 222 points. As Jupiter and Saturn are in retrograde market will be highly volatile and unpredictable. Agni level for Monday is 8606.

Rajan's cut again @ 8.30 a.m !!!

On 4th March, 2015(Wednesday) Reserve Bank of India Governor Raghuram Rajan cut repo rate by 0.25 per cent with immediate effect. The announcement came at 8.30 a.m. before markets opened. The reasons for choosing such a time just before market openig is ambigous as pointed out earlier on 15th January,2015. As a result Nifty opened at 9109(+113), rose up to 9119(+123) but, crashed to 8894 and closed at 8923 with a loss of 73 points. Nifty futures range was 9191 - 8926, down swing of 265 points. The advantage of todays activites clearly goes to FIIs especially to Singapore FIIs.

Grahanila(Planetary positions) as on 1st Mar 2015

As on 1st March 2015 Sun in Aquarius, Venus, Mars & Ketu in Pisces, Moon in Taurus, Jupiter in Cancer, Rahu in Virgo, Saturn in Scorpio and Mercury in Capricornus. Planetary transits in March: 9th Mercury -> Aquarius, 12th Venus -> Aries, 15th Sun -> Pisces, 23rd Mars -> Aries and 27th Mercury -> Pisces.

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 angular 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 (note: expect only eighty percent success in assumptions based on Moon's conjunction with Mars, Venus and Jupiter as some other astro factors also may influence the market). Since Jupiter is in retrograde from 8th December 2014 to 8th April 2015 and Saturn from 12th March 2015 to 4th August 2015 the market may be highly volatile. As Moon conjuncts with Mars and Venus on 21st and 22nd respectively Nifty may move downwards on 23rd. As Moon conjuncts with Jupitor in retrograde on 3rd and full moon on 5th be cautious on next week.