Thursday, March 1, 2018
From the high of 11172(29-Jan-18) Nifty moved down to 10276(6-Feb-18) and remains in the M1 range(refer charts posted on 28-Feb-18). There may be a minimum decline of 250 points during the Mercury retrograde period from 23-Mar-18 to 15-Apr-18.
Monday, February 12, 2018
Thursday, February 1, 2018
During January 2018 also Nifty continued its upward movement and touched 11172 on 29-Jan-18. RSI also rose to 82.30 on that day. So, it is better to exit profitable positions in stocks and equity related mutual fund schemes.
Wednesday, January 31, 2018
Monday, January 1, 2018
On 18th December 2017 when Gujarat Assembly election results started to pour in Congress party was heading for a majority and Nifty moved down to 10,075 (down 258 points) and this may be Mercury retrograde effect as mentioned in grahanila post on 1st December 2017. Later, BJP regained lead and retained Gujarat with 99 seats out of 182. Nifty steadily moved up to 10444 and closed at 10389 with a gain of 56 points.