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Tuesday, April 3, 2012

Nifty April 03, 2012-Medium term technical picture




Short term weakness not withstanding, Nifty looks to strengthen in the medium term.Technical pictures indicate strength in the medium term.Perhaps the RBI will reduce interest rates, this month, after all.

2 comments:

sometimesbullsometimesbear said...

April 10 it seems Venus and Ketu in Taurus and Moon and Rahu in Scorpio are forming some combination. Any significance.

Also Venus and Ketu together in Taurus supposed to give some sort of exaltation. Any effect on stocks?

Rgds

STB

Tekkiesuresh said...

It is actually Uranus which triggers the Venus Ketu conjunction set up.Moon conjunction with Rahu adds positivity, but Venus opposition to Moon adds temporary reduction in positivity.

Market may gap up, then consolidate or reduce and then continue upwards. Watch Rahu Uranus combo. That is the bull right now!