Based
on the planetary movement, tough time from middle of April till May,
2016 is likely. Jupiter’s transit in Leo would improve the
prospects of Bank and Finance stocks from July 2016. However,
crude continue to remain under pressure due to the transit of Saturn
in Scorpio till January 2017.
Historically,
May of Even year (2016 being Even year) can be expected
to be Weak. There could be a mayhem in Market during May 2016.
Major
Planetary changes during the year...
-
Jupiter moves to Virgo on Leo on 11 th August 2016. Jupiter gets into
Direct mode on 9th May
2016 and once again gets into Retro mode from 6th February
2017.
-
Saturn gets into Direct mode from 13 rd August 2016 being in
Retro mode on 25th March
2016(Before Ugadi).
-
Venus too gets into retrograde mode from 4th March,
2017 till next Ugadi.
-
Mercury gets into retro motion Thrice between 29th April
2016 to 22nd May
2016 ; 30th August
2016 to 22 nd September 2016 and 17 December 2016 to
8th January
2017.
The
above period presages dual movements for Markets.
-
Sun conjunction Mercury is usually Bullish and occurs on 9/5/2016;
7/7/16; 13/9/2016;29/12/2016; 7/3/2017;
Sensitive
Dates during the year...
April
- 14; May - 14; June - 25; August - 22,24; September - 2; October -
10;
November
- 9,26; January 2017 - 19, 27; March -18. 25.
Trend
Change Dates as per Time Cycles...
30
th 2016 ; 20th May 2016 ; 19th July
2016; 4th August 2016 ; 3 rd September 2016; 24
th September 2016; 16th November, 2016; 3 rd January
2017 ; 28 th February, 2017;
Nifty
:: 7546
Resistance
at 7803,8220,8630, 9300, 10390
Supports
at 7290. 6875,6460, 5480
Fundamentally,
Nifty is quoting at a PE of more than 21 (Previous year 25) while the
long term PE is around 18.50.
-
Technically, Nifty can be expected to move between 6875 / 6460 on the
downside and 8630 / 9300 on the upside. (from the above figures)
-----------------------------
Expecting
a Big Move ... !
for
the Week :: (11.04.2016 to 13.04.2016) …
NIFTY
:: 7555 (- 158)
Nifty
closed with considerable loss during last week and it could not break
7750 (On close basis) and finally closed with a loss of about 2%.
Nifty traded very narrow and a big move can be expected very soon.
RBI Policy did not satisfy the market withlower than expected rate
cut. Current week being a short week might fall further.
During
the last week Moon transited from Dhanishta in Aquarius to Revathi in
Pisces upto Thursday and this period is quite Sensitive. High and Low
of these Four days (7764 and 7536 ) would be quite critical and Nifty
would be Bullish above the High and Bearish below the Low for the
next Three weeks.
Nifty
broke the low of these Four days on Friday and went down till 7527.
-
20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 7800, 7406,
7571 and 7887 respectively and would act
as resistances as Nifty is trading above some of the
Moving Averages.
-
While Nifty continues to trade below the 200 DMA
and 50 DMA too is below 200 DMA (Death Cross) suggesting
that the Long term Bearish trend is intact
Technical
Levels...
Bullish
above 7625 with resistance at 7700, 7775
Bearish
below 7475 with Supports at 7400, 7325.
Breakout
level for the week is 7750;
Breakdown level for the
week is 7450
Planetary
Position...
-
Moon would be transiting from Rohini 3 rd Pada
in Taurus to Punarvasu 1 st Pada in Gemini.
-
Sun transits in Revathi 4 th Pada in Pisces
to Revathi 4 th Pada in Pisces .
-
Mercury transits in Bharani 1 st Pada in
Aries to Bharani 2 nd Pada in Aries.
-
Venus transits in in Uttarabhadra 3 rd Pada in
Pisces to Uttarabhadra 4 th Pada in Pisces.
-
Mars transits in Anuradha 4 th Pada in
Scorpio.
-
Saturn gets into retro motion on 25.3.2016 evening and
transits in Jyeshta 2 nd Pada in Scropio sign and in Capricorn
Navamsa .
-
Jupiter , gets into Retrograde motion and transits in Leo in
Pubba 3 rd Pada in Leo and Libra
Navamsa .
-
Rahu and Ketu transit in Leo and Aquarius.
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