Nifty during October 2019

Horse ? - Nifty future chart on 11th Oct 2019

Nifty Open: 11258 High: 11363 Low: 11189 Close: 11305

Nifty on 4th Oct 2019 - RBI Monetary Policy day

Grahanila(Planetary positions) as on 1st Oct 2019

As on 1st October 2019 Sun & Venus & Mars in Virgo, Moon & Mercury in Libra, Jupiter in Scorpio, Ketu & Saturn in Sagitarius and Rahu in Gemini. Planetary transits in October: 18th Sun -> Libra, 3rd Venus-> Libra, 23rd Mercury-> Scorpio, 28th Venus-> Scorpio. Rahu transits to star Ardra (Thiruvathira) whose lord is Rudra(Lord Shiva) from 12th September 2019 to 19th May 2020, which may give impetus to war.

Nifty created a new high of 12103 on 3rd June 2019 against the level 12106 mentioned in 1st June 2019 post. Nifty's highest closing is at 12089 on 3rd June 2019 itself. After that Nifty moved down to 11625 on 19th June 2019 and bounced back to 11982 on 5th July 2019, the day the new Finance Minister Nirmala Sitharaman presented her first Budget. Just after the presentation of the budget, Nifty started it's sharp decline and touched 10637 on 23-Aug-19. Nifty remained range bound between 10650 and 11150 from 24-Aug-19 to 19-Sep-19. On announcement of huge corporate tax cuts by Finance Minister at 10.30 a.m. on Friday, Nifty boosted to 11382 on 20-Sep-19 and to 11695 on 23-Sep-19. Revenue foregone for reduction on corporate tax and other measures pegged at Rs 1.45 lakh crore per year. Nifty closing as on 30th September 2019 is 11474.

The year 2019 will usher to the stock market investors / mutual fund investors a magnificent opportunity that may come in once in a life time. When the sky is phenomenally beautiful ie. Saturn, Jupiter, Venus, Mars and Mercury seen around the eclipsed Sun is the time for the investment. The Grahasangamam (planetary congregation) occurs during December 2019 (similar to 2008-09 when Nifty fell from 6357 to 2539). As the next Kalasarpa Yoga is from 24th February 2020 to 28th May 2020, positional Equity buyers/Mutual Fund Equity Schemes investors should not enter it in bulk. Investments may be made in SIP over a period of five months from 10th January 2020. As the down move cannot be in a straight line it will be definitely in a zigzag fashion. Day/positional traders may observe the market keenly and patiently and make use of it. However, it is advised that the investors/traders may take their positions based on their own convictions only.

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. Sun and Moon transits approximately one degree and thirteen degrees respectively around the Earth in 24 hours.