SGX Nifty 3rd Nov 2015

SGX Nifty


Index Last High Low
Nifty Future Error parsing: Query returned empty response Error parsing: Query returned empty response Error parsing: Query returned empty response Error parsing: Query returned empty response
Nifty Future Error parsing: Query returned empty response Error parsing: Query returned empty response Error parsing: Query returned empty response Error parsing: Query returned empty response
CNX Nifty Spot 7879.50 7880.20 7837.70

SGX Nifty / SGX Nifty Live / Nifty Futures / Nifty Chart / Nifty Live for 3rd Nov 2015

SGX Nifty opened at lower today. SGX Nifty Live Price indicates pullback will end this week. Nifty Futures Trend / Nifty Chart indicate a higher bottom will be made in the next few days. Nifty dragged through the day lower towards the second half we did see some pullback and finally closed the day lower at 8050 down 15 points. From Nifty 50 Metals were under pressure today. Vedanta, Tata Steel and Hindaco were down between 3-5 percent. Nifty has an important time cycle support that is coming up this week between 5th-9th Nov 2015 and we are expecting a higher bottom to be made by Nifty before resuming its upward trajectory. We do not believe Nifty will crash to 7200-7400 in this current round. Once again I am clearly mentioning that Nifty will see 7200 but not now there is still time for that to happen. Most of the bears in the Indian Stock Markets and Global Stock markets will be trapped into shorts. Then there will be minor retail euphoria. Your pan walla will tell you tales of how he made 50000 rs in just a few hours. All your news channels and white papers will start flashing all kinds of positive news about Indian Stock market that is the time to become cautious. The mood today is completely the reverse and hence our sentiment indicators along with Elliot wave, Gann Wave, Time Cycles and Astro cycles combined do not show us a steep fall in fact we see a good up move a steady up move on the cards.

SGX Nifty Minor Trend is down. SGX Nifty Major Trend is up / bullish. Nifty support and resistance for tomorrow 3rd Nov 2015 is at 7900 and 8120. Nifty 50 spot rates mentioned.

Financial Astrology Update

There have been lots of forwards on what’s app and talk about Venus entering Virgo as per Vedic Astrology over the past few days and I must clarify few very important points here. Some analyst are of the view that Indian Stock Market / Global Stock Market will crash from tomorrow 3rd Nov 2015. They have done a back testing of the past 10 years and are only referring to the past 10 years records. If this geocosmic signature indeed leads to a Stock Market crash then as per Financial Astrology principles history must repeat itself and hence whenever Venus enters virgo as per vedic astrology we must see a crash in Global and Indian Stock markets but that is not true. If we go back in time and see between 2001-2008 when venus has entered Virgo we have not seen any significant fall in Indian or the Global Stock markets and hence I do not hold true that Venus entering Virgo creates a crash in equities. For any geocosmic signature to hold true the back testing results have to be verified at least for past 100 years. As per astro cycles that I follow we have done back testing on the Dow Jones since 1903 and then extremely aggressive back testing that’s a day to day back testing since 1950. Whenever we mention a level 1 geocosmic signature means we have tested it for min past 100 years of history. For e.g. Sun trine Neptune is a level 1 geocosmic signature and creates a change in primary cycles / waves within a orbit of 7 days approximately. It is valid for primary cycles not for secondary cycles when to use what geocosmic signature where is to be understood very carefully. Rest is for you as a trader or investor to understand. I am not here to teach you financial astrology the subject is extremely vast and will need intense practice and perseverance. Gann always said time is more important that price. As per our Nifty Prediction Nifty will make a higher bottom soon.

SGX Nifty Futures / SGX Nifty Charts / SGX Nifty Live updates are given below for ready reference.

Good Trading To You!

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