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Tuesday, July 26, 2016

Nifty Reversal ?


7 comments:

anon said...

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

Tekkiesuresh said...

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.

Unknown said...

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

Tekkiesuresh said...

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.

Hemang Parikh said...

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

Tekkiesuresh said...

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

Tekkiesuresh said...

Did not understand?