Nifty in September 2015

RBI cuts repo rate by 50 bps

Today(29th Sept 2015) at 11.00 am. Reserve Bank of India cut its key interest rate by 50 basis points from 7.25 to 6.75 per cent, lowest since May 2011. As a result Nifty moved up 225 points to 7927 from 7700 (Nifty opened weak on global cues) and closed at 7843 with a gain of 43 point. Nifty futures range was 7705 - 7970.

Wish you all a Happy Ganesh Chaturthi

Lord Ganesh is being loved and worshiped by everybody in the planet Earth particularly in this special occassion.

Nifty moves down to lower scale 15½ x

Today's(7th Sept 2015) Nifty daily average is 7625 and it's in the lower scale 15½x ie. 3968 - 7936 scale. Nifty Open, High, low & close was 7685.85,7705.05,7545.90 & 7558.80 respectively. Nifty futures range was 7726 - 7560, having a difference of 166 points. Stages below 7936 are 7872 - 7812 - 7728 - 7688 - 7616 - 7564 - 7472 - 7440 - 7367 - 7293 - 7146 ..............etc. Scale shown left side will be updated in due course and for the time being figures can be arrived at by dividing the current figures by two.
The Tharanga Nisari School of Music is founded by Dr. K.J. Yesudas, the singing legend, in 1975 at Thiruvananthapuram. Nandi did wonder why he selected "Nisari", the mid points of two scales. After closely observing the movements of Nifty during the last several years Nandi found that only the singing legend who knows the intricacies of music can give such a name. It is seen that Nifty do not make a sudden stop at "Sa" and ordinarily move to next swara "Ri" or "Ni" ie. Ni Sa Ri or Ri Sa Ni. In it's up move Nifty moved past S(Shadjam) and entered R(Rishabham) ie. closing at 7936(Shadjam) on 27-Aug-14, Nifty further advanced to 8200 - 9223 range(Nifty high was 9119 on 4-Mar-15). Similarly, Nifty has now entered the N(Nishadam) range (6921 - 7146 - 7293 - 7440 - 7688). It's felt that Nifty may terminate the present down movement some where in this area.

Grahanila(Planetary positions) as on 1st Sep 2015

As on 1st September 2015 Sun & Jupiter in Leo, Mercury & Rahu in Virgo, Saturn in Scorpio, Moon & Ketu in Pisces and Mars & Venus in Cancer. Planetary transits in September: 15th Mars -> Leo, 17th Sun -> Virgo, 30th Venus -> Leo.

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(0°). When the angular difference between the 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 (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). As Moon conjuncts with Venus and Mars on 10th Nifty may move downwards on 10th & 11th. From 17th September to 10th October Mercury is in retrograde and Nifty may move down 250 to 400 points to give a buying opportunity around 10th October. (Last Mercury retrograde ended on 12th June 15 and Nifty low 7940 on that day, Nifty low 8470 on 10th Feb 15 retrograde ended on 12th Feb, Nifty low 5972 on 13th Nov 13 and retrograde ended on 10th Nov). Thereafter, an upmove is excepted before Jupiter goes retrograde in January 2016.