As on 1st July 2018 Sun in Gemini, Mercury & Venus & Rahu in Cancer, Jupiter in Libra, Saturn in Sagitarius and Mars & Moon & Ketu in Capricorn. Planetary transits in July: 17th Sun -> Cancer, 4th Venus -> Leo. At the beginning of this month Jupiter, Saturn and Mars are in retrograde. Mercury retrograde from 26th July to 19th August. A lunar eclipse on 27th July. A larger down move expected after the second week of July.
From the high of 11172(29-Jan-18) Nifty moved down to 9952(23-Mar-18), retraced to 10929 (80%) on 15th May 2018 and moving in the M1 range thereafter(refer charts posted on 29-Jun-18).
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(10° - 0°). When the angular difference between the Moon and the planet at Sunrise is between 5 to 10 degrees and/or conjunction occurs in Rasis(constellations) other than the Sun's Rasi, there may be a delay up to 24 hours in the conjunction 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}. Conjunction dates can be had from the table above. Figures given in brackets are Rasi number(0 through 11 starting from Aries), Degrees and Minutes.
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