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Tuesday, July 26, 2016

Nifty Reversal ?


8 comments:

  1. is it correlating with Jupiter entering virgo
    banks may get set back ??

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  2. Always, the correlation is not with one planet. The final market move is a composite summation of all planetary energies working together.
    So jupiter entering Virgo, Saturn turning direct, conjunction of Mars and Saturn, Uranus retrograde, Saturn squaring Rahu and Sun..we have to read them together.

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  3. So fall starts from 2nd half of Aug not from sept

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  4. Hi Pawan, Iam not implying a prolonged down trend! Iam only showing that the current uptrend which has been up, up and up will reverse for a few weeks..maybe upto a fib ratio of the uptrend and then the uptrend should resume again into 2017.

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    Replies
    1. Hi Suresh,So do you think nifty will touch 8840 before downtrend starts?

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    2. That is what the chart above indicates.Momentum on long term is also bullish.Rest, you never know!

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