Saturday 3 November 2018

Nifty on 5th November

This  will analyse probability of movement of Nifty from various point of views like political, astrological, astronomy ,  Gann price time square, volatility based movement and chart analysis.

Astrological 

Scorpio ascendant @915   to 950 - In scorpio, Mars is ruing and Ketu is exalted at Scorpio.  Mars
(29.4 degree) in Capricorn where it is exalted at 28 degree. Jupiter and mercury are in Scorpio where Jupiter got directional strength. Jupiter has 9th aspect on Rahu ( 120 degree aspect) so Rahu will have less negative impact on market. Sun and Venus is at Libra where Venus is ruling. Presence of venus will reduce "debiliated" impact of  sin at Libra.

Sagittarius  ascendant @915 to 1155 AM - Jupiter is ruling lord of Sagittarius.

Capricorn ascendant @1155 AM to 145 PM - Saturn is ruling.

Aquarius ascendant @145 PM to 322 PM - Saturn Ruling

Pisces ascendant @ 322PM 457 PM - Jupiter is ruling

Moon is at its own starlord. This condition moon is normally weak.

My view: Nifty will be strong in 1st two hours and will be weak in second half . It will be a high volatile day.

Political and news 

Statistics suggests that post midterm election,US market surges ahead. However, the situation might be tricky this year as sanction on Iran will impact Global economy adversely.

Volatility 




long build up noticed on Nifty and weekly upside target 10900 and downside target 10200

Gann Pricetime square

As per my last article on Nifty price time square, Nifty closed above 10460 and  close to next target 10561. We expect Nifty will complete next target 10663 on Monday morning before a corrective pull back on Monday.

Technical analysis

In weekly chart, Nifty took support on 100 w moving average and immediate resistance is 50 week moving average 10709.

No comments:

Post a Comment