Om Nama Shivaya - Mahashivarathri day

Nifty with bulls, closes at 6239 with a gain of 39 points. Today(27th) holiday.

Nifty moves down to centre of P(5952) and retraces

Grahanila(Planetary positions) as on 1st Feb 2014

As on 1st February 2014, Sun in Capricornus, Mercury & Moon in Aquarius, Ketu in Aries, Jupiter in Gemini, Mars in Virgo, Rahu & Saturn in Libra and Venus in Sagitarius. Planetary transits in February: 13th Sun -> Aquarius, 4th Mars -> Libra, 18th Mercury -> Capricornus, 26th Venus -> Capricornus.

The planetary positions given are at the time of sunrise in India(Kerala) and conjunction effects on markets may be seen on the countries (Asia / Europe / US) over which conjunction(0°)take places. As per above Nifty may move downwards on 19th and 26th. As Jupiter is in retrograde from 7th November 13 to 6th March 2014, the conjunctions may have positive or negative effects on market during this period. That is on 11th. When the angle difference between Moon and the planet is more than 5 degrees or conjunction occurs in Rasis(constellations) other than the Sun's Rasi, there may be a delay up to 24 hours in the conjuntion effect according to their positions.

Nifty during January 2014

Though Nifty remained in Madhysthayi(midle level) of D1 up to 24th January 2014, it declined to Tharasthayi(upper level) of P at the end of the month. Nifty may move at least to the centre of P(5952).

Today, the Friday, 31st January 2014 is an unique day as Chinese New Year(year of the Horse) begins and both the conditions of Exceptional Friday (first Friday after the F&O expiry & Friday following continuous four days close in red)satisfies. This is the first time after Nandi had started observing (2008) its effect, both the conditions fulfiled in a single Friday. Beginning of Chinese year on this particular Friday makes it unique. But, the exceptional Friday effect(50 to 100 points upmove from the low) was totally missing which indicates that market is having some constraint to move up. Today was a highly volatile day with Nifty range 6067 - 6098 and green closing at 6090. Nifty futures range was 6090 - 6135.

RBI surprises by raising repo rate by 25 bps

Today(28-1-14) RBI raised its policy repo rate by 25 basis points ie. from 7.75 to 8.00 percent and surprised the market. On hearing this though Nifty slipped 70 points, it recovered soon and closed at 6126 with a loss of 10 points. Nifty futures range was 6086 - 6172. Agni level for tomorrow is 6133.

Nifty closes at 6136, below Kaprekar variant 6147 !!!

Today(27-1-14) Nifty opened at 6186 with a loss of 81 point, moved down to 6130 and closed at 6136 with a loss of 131 points. As the closing at 6136 is below the Kaprekar varient 6147, it can be assumed that the trend has been changed to downwards. Today's daily average is at 6159 just above the bottom of D1(6154) and tomorrow Nifty may move to P whose centre is 5952. Nifty futures range was 6143 - 6210.

Kaprekar again !!!

After touching lifetime high of 6415 on 9th December, 2013(close at 6364 on that day is the highest close so far) on anouncement of results of four state assemblies including Delhi, Nifty declined to 6130. Nifty again moved up to 6358(2-1-14) and declined to 6140. Last week Nifty again moved up to 6347 and started to decline.

During December, Nandi's daughter bought a new car under exchange offer and its number is 4671. The number felt familiar to Nandi and on checking found that it is a rearragement of Kaprekar constant 6174. The rearragement of Kaprekar constant will give us 7641, 7614, 7461, 7416, 7164, 7146, 6741, 6714, 6471, 6417, 6174, 6147. It is interesting to note that Nifty's high so far is 6415 and it's just below 6417. Again Nifty didn't move much below 6147 and closing was above that figure. Therefore, immediate trend will be decided once Nifty breaks this range 6417 - 6147 (remember bottom of D1 is 6154).