Grahanila(Planetary positions) as on 1st Sept 2013

As on 1st September 2013, The Sun & Mercury in Leo, Venus in Virgo, Saturn & Rahu in Libra, Ketu in Aries, Jupiter & Moon in Gemini and Mars in Cancer. "Kala Sarpa" yoga will continue till Saturn passes Rahu ie. up to 25th September 2013. But, Moon will pass Rahu on 9th September and make it invalid thereafter.

Planetary transits in September 2013 are 17th Sun -> Virgo, 5th Mercury -> Virgo, 6th Venus -> Libra, and 24th Mercury -> Libra.

Though it is felt that down move is yet to be completed, last weeks fast movements spanning 700 points creates ambiguity. Hence not making any futher comments. As Moon conjuncts Mars tomorrow it may be a down day. All other conjunctions are on holidays.

Kingfisher week : Nifty 5472 - 5119 - 5472

Nifty knows carnatic music perfectly !!!

M1(Sudha Madhyamam)range is 5123(bottom) - 5286(middle) - 5464(top) and Nifty moved exactly to these levels during the last three days. Nifty closing on Monday was 5477(Friday 5472), yesterday closing was 5287 and today(28-8-13) after moving down to 5119 closed at 5285 again. So, it is clear that Nifty knows carnatic music perfectly. Todays Nifty moves has resemblence to its moves on 5th August 2011 as can be seen below:

Sree Krishna Jayanthi(Astami Rohini) day Nifty moved like "Uri"(hanging earthern pot pulled up and down while children try to hit it - a favorite game on Krishnastami day) and swung 367 points (168 + 199). Nifty futures range was 5319 - 5108 having a difference of 211 points. Expect a part of it tomorrow also being the F&O settlement day.

FULL MOON DAY NIFTY SWING

Today(21-8-13 : FULL MOON DAY)Nifty opened at 5494, moved up to 5504, declined steadily to 5268, moved up to 5324 and closed at 5303 with a loss of 98 points. Nifty futures range was 5499 - 5258, a huge difference of 241 points where as Nifty difference was 236 points. Interestingly today's top is closing of last table posted ie. 16th August 2013. Since tomorrow's Agni level is at 5213 it is to be seen whether Nifty will close above it so that a positive signal is generated.

London Bullion Assn Chief supports our view

London Bullion Market Association Chairman David Gornall suggested Goverment of India to utilise the 200 tonnes of gold it bought from IMF in 2009 to tide over the problems created by trade imbalance. The same view with a different method of use was expressed by "Vipanisangeetham" in 8th June, 2013 post. Government of India should act fast without wasting further time to mitigate the problems now being faced.

Karkkadakam says good bye by taking away 234 points from Nifty!!!

Friday the 16th August, 2013 was the last day of Karkkadakam (last day of Sun in Cancer) saw Nifty falling 246 points in a single day (highest after 6th July 2009) and closing at 5508 with a loss of 234 points. Nifty futures range was 5725 -> 5493 having a huge difference of 232 points. All other Nifty details are in the table above.
Market will be highly volatile with a downward bias till 25th September 2013 as mentioned in the 1st August 2013 Grahanila post.

Nifty today and after 22nd July 2013

Today(Friday, 2nd August,2013) Nifty opened at 5750, moved up to 5762, moved down steadily to 5649, moved up to 5686 and closed at 5678 with a loss of 50 points.
Nifty futures range was 5787 -> 5682, having a difference of 105 points.

Nifty figures after 22nd July, 2013 ie. Mercury turned direct after retrograde in Gemini, is given above. Including today this is the eighth day Nifty closing in red. Last two days Nifty low was at Agni level. Agni level for Monday is 5622.