As on 1st August 2018 Sun & Mercury & Rahu in Cancer, Venus in Leo, Jupiter in Libra, Saturn in Sagitarius, Mars & Ketu in Capricorn and Moon in Pisces. Planetary transits in August: 17th Sun -> Leo, 1st Venus -> Virgo. Saturn, Mars and Mercury are in retrograde. Kalasarpa Yoga from 11th August to 22nd September.
From the high of 11172(29-Jan-18) Nifty moved down to 9952(23-Mar-18), moved up to 11366 (centre of M2) on 31st July 2018 and created a lifetime high. As Mercury retrograde commenced on 27th July 2018 and daily RSI is above 70 (76.74) caution is warranted.
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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