Nifty during February 2016

Budget Day - 29th Feb 2016

Nifty was highly volatile today the 29th February 2016, the day Finance Minister Arun Jaitley presented his second budget for the year 2016-17. Nifty opened at 7050.45, moved down to 6825.80 during the speech, recovered to 7094.60 and closed at 6987.05 with a loss of 42.70 points.

A good "Exceptional Friday" ie. 12th Feb 2016

The second rule of "Exceptional Friday" (Friday following continuous four days close in red) effect (50 to 100 points upmove from the low) was very good and Nifty closed in green after an upmove of 107 points. On Friday(12th Feb 2016) Nifty opened at 7023.65, moved down to 6869.00, moved up to 7034.80 and closed at 6980.95, with a gain of 4.60 points. The first rule of "Exceptional Friday" is "first Friday after the F&O expiry".

By the way, it may be interesting to readers how Nandi had realised the above rules. On Friday morning Nandi used to go to Pazhavangadi Ganapathi temple in Trivandrum and pray to the powerful deity there. It was observed that usually Nandi had lost money on Fridays. As there is no possibility that lord Vigneshwara is punishing Nandi for trading in stock market, an analysis was done. Then it was found that Nandi always bought first and sold it later. Hence came the realisation of Friday general rule and later the exceptions. First post on Exceptional Friday was made on Thursday, November 20, 2008.

Grahanila(Planetary positions) as on 1st Feb 2016

As on 1st February 2016 Sun in Capricornus, Ketu in Aquarius, Rahu & Jupiter in Leo, Moon & Mars in Libra, Saturn in Scorpio and Mercury & Venus in Sagitarius. Planetary transits in February: 14th Sun -> Aquarius, 8th Mercury -> Capricornus, 12th Venus -> Capricornus, 20th Mars -> Scorpio.

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(0°). When the angular difference between the 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 accuracy in assumptions based on Moon's conjunction with Mars(-), Venus(-) and Jupiter(+) as some other astro factors may also influence the market}. As Moon conjuncts with Mars today Nifty may move downwards in the afternoon. Moon again conjuncts with Mars late on 29th and Nifty may move downwards on 29th February/1st March. Juptiter is in retrograde from 6th January to 11th May and there will be disruption in air/rail traffic etc. during this period. Guru-Chandala Yoga (Jupiter & Rahu in same Rasi) which occurs normally once in Seven years is happening from 31st January to 11th August 2016 ( refer January 7, 2016 post) and it's not favourable to market.