Sun transits to Cancer ( Karkitaka) ie. above 90 °

On Friday(16-7-10) Nifty opened at 5389 with a gain of 10 points, moved in a very narrow range of 5374 - 5391 up to 12.30, moved up to 5401 and closed at 5394 with a gain of 15 points. Nifty futures range was 5372 - 5405. Moon-Mars conjunction effect didn't reflect here. But, DOW was down 261 points(2.52%)which may reflect here on Monday. Monday's Agni level is at 5419.

On Saturday(17-7-10) Sun transited to Cancer ie. above 90 degrees, an important event as per GANN. Sun between 90° to 210° ie. Cancer to Libra is generally not good for market. Mercury also in Cancer, Venus and Mars in Leo, Saturn and Moon in Virgo and Jupiter in Pieces (Chart given below).

Rupee symbol - India on Chinese path ?

Whether the symbol adopted for Indian Rupee contains a message that India wanted to be No.1 financial power bypassing China ? Look at the pictures below and decide. China is yet to adopt a symbol for its currency yuan.

Nifty closes flat at 21x ( ie. 21 x 256 = 5376 )

Today(15-7-10)Nifty opened at 5395 with a gain of 9 points, moved in the narrow range of 5361 - 5395 ( 34 points)and closed at 5379 with a loss of 7 points. Nifty futures range was 5362 - 5408 indicating volatile premium from 1 to 13 points. As Nifty closed below the Agni level, further downward expected. Tomorrow's Agni level is at 5437.

Caution: Moon conjuncts with Venus and Mars, today and tomorrow respectively and that may adversely affect the market.

Nifty closes below the Agni level

Today(14-7-10) Nifty opened at 5353(at top of M1)with a gain of 52 points, gradually declined to 5372 and closed at 5386 with a loss of 15 points. Nifty closing is below the Agni level at 5435 and hence it may continue it's downward move tomorrow. Nifty futures range was 5376 - 5354. Tomorrow's Agni level is at 5452.

Nifty closes above 5400

Today(13-7-10) Nifty opened at 5364 with a loss of 19 points, moved in the range 5358 - 5406 and closed at 5401 with a gain of 18 points. Though Nifty futures was in discount at the opening, it zoomed to 16 points premium after 2.00 p.m. Nifty futures range was 5359 - 5422. Nifty may move to top of M1(5464) if it crosses 5416. Nifty PE Ratio is at 22.63 and it can go up 23 ie. 5489. Above that, experts say a BUBBLE that can burst at any moment. Be cautious. Tomorrow's Agni level is at 5435.

Nifty crosses 5400 intraday

Today(12-7-10)Nifty opened at 5385 with a gain of 33 points, moved from 5361 to 5403 and closed at 5383(near to opening level) with a gain of 31 points. Nifty was seen above 5400 last on 6-2-2008. Nifty futures was in discount through out the day and the range was 5356 - 5400. Today's comments valid for tomorrow also. But, there is a possibility that Nifty may move to negative territory. Tomorrow's Agni level is at 5370 and exit longs when Nifty moves below Agni level.

Paul – the octopus has done it again!

2010 FIFA world cup was concluded yesterday night in Johannesburg with a spectacular closing ceremony. Spain emerged as the soccer world champion last night beating the ‘men in orange’ 1-0. Both the teams played extremely well, and they didn’t score any goal in the 90 minutes of the game.

Spain managed to find a miraculous goal from Iniesta at the extreme end of the additional time and went to become the champions.

2010 FIFA world cup final was perfectly predicted by Paul, the octopus in Germany. Paul has correctly predicted the results of previous matches in this 2010 world cup tournament.

Things connected with number Eight (8) is present in nature everywhere, in ancient Indian scripts, and now in new age electronic equipments - base starts with 8 bits = 1 byte & numbers from 0 through 9 are displayed using an eight(8). The importance of number eight has been described in an earlier post titled "YADA YADA HI DHARMASYA" and it has been used to track the daily movements of Nifty. During the FIFA world cup concluded yesterday in Africa, an Octopus named Paul(in Germany) has become a celebrity . Octopuses have four pairs (ie. eight)of arms and its name comes from "Octo" which means eight.

There was a Solar Eclipse yesterday in Latin American countries at the same time when the World Cup final match was being held in Africa. And it may be a coincidence that all Latin American countries including Argentina and Brazil have been "eclipsed" in this tournament.