Friday, December 1, 2017
Nifty close(10227) was below EMA10(10343) which is negative. Further, from 3rd to 23rd December 2017 Mercury goes on retrograde and a 250-350 down move can be expected in Nifty. Waiting to see whether Nifty moves to upper stages of 10409 and 10571.
Wednesday, November 1, 2017
Nifty is creating new highs again despite Venus and Mars both moving to Virgo and angular differeence more than 15 degrees. Last high was 10385 on 30th October, 2017. Next stages are 10409 and 10571. But, be on alert for a correction which is overdue.
Sunday, October 1, 2017
In the post dated 1st March 2017, it was noted that Nandi's hand book is having the following observation of WD GANN : "Market will peak when Venus & Mars conjuncts in Leo or Pisces". Please go through the post once again to refresh the entire facts. Godess of beauty Venus and God of war Mars will be in union on 6th October, 2017 in Leo. As per above observation of WD GANN, market is to peak during the period from 15th September to 9th October 2017(the period when both Venus & Mars are in Leo). Market peaked on 19th September, 2017(Nifty 10179) when both planets were 10 degrees apart. It is doubtful whether Nifty will make another new high during the period up to 9th October, 2017(the day Mars transits to Virgo). If it makes, 10246 the high of G2 is the limit(can be daily average also). A few days variation from the dates mentioned above will be quite normal and that's why 20th September to 25th October was given in September 2017 Grahanila post. Therefore, market may go for a stronger correction around 9th October 2017. Please note that this is for observation purpose only and not a recomendation to trade in the market. Do trades based on figures, charts and tips that you are confident with.