Indian stock market trends for the period 27-7-2009 to 30-7-2009
In the stock market trends posted on 20th July it was indicated that the period from 20th to 22nd July continues in the uptrend slot, but some pressures are evident. On these three days the Nifty values were as follows
Historical Data for S&P CNX NIFTY
For the period 17-07-2009 to 22-07-2009
Date | Open | High | Low | Close | Turnover (Rs. Cr) |
17-Jul-2009 | 4231 | 4390 | 4230 | 4375 | 9545 |
20-Jul-2009 | 4378 | 4510 | 4378 | 4502 | 10151 |
21-Jul-2009 | 4501 | 4524 | 4437 | 4469 | 10290 |
22-Jul-2009 | 4469 | 4558 | 4380 | 4399 | 11688 |
For the period of 23rd and 24th July it was stated that the market may show resilience and may not fall. But in the subsequent week from 27th July to 30th July the market may come under selling pressure. Nifty values for these two days as compared to the closing of 22nd were as follows:
Historical Data for S&P CNX NIFTY
For the period 22-07-2009 to 24-07-2009
Date | Open | High | Low | Close | Turnover (Rs. Cr) |
22-Jul-2009 | 4469 | 4558 | 4380 | 4399 | 11688 |
23-Jul-2009 | 4410 | 4532 | 4406 | 4524 | 10580 |
24-Jul-2009 | 4525 | 4579 | 4505 | 4569 | 11502 |
For the period starting from Monday 27th July and upto Thursday 30th July, the market may remain under pressure, and may therefore fall. Nifty closing value of 30th July may therefore be compared to the closing value of 24th July. But there is an overall umbrella of optimism and that point must be kept in mind, at least for the coming days thereafter.
Note: The next post for stock market trends will be available for the period starting from 31st July onwards.
How to understand these trends
These are not forecasts for any particular day. They are broad trends which have to be understood as follows: For example trends may show that the market may remain firm between 5th and 7th January 2007. It does not mean that on all these days market will rise. Market may actually rise or fall on any particular day, but the net effect during this period may remain positive. Compare the closing Nifty rates of 4th January 2007 (previous closing) and 7th January 2007 (current closing) and in this manner you can understand these trends.
Liability disclaimer
These trends are based purely on astrological principles. Since astrology is subject to individual interpretations, Jyotishguru.com expressly disclaims liability and does not make any warranties on the accuracy or interpretations, which any one may make of these trends. These trends therefore have no legal or contractual significance. This disclaimer specifically indemnifies Jyotishguru.com, its employees, its associates and Mr. Deepak Kapoor, astrologer, for any loss, or loss of opportunity which anyone may incur. It is therefore suggested that you may consult your financial advisor before investing in the market. Jyotishguru.com expressly disclaims all warranties, implied or contingent, for making use of these trends, for incurring loss or loss of profit in any manner. No notice or advice to Jyotishguru.com will create any liability whatsoever.
If you are satisfied with these trends then please tell a friend or a relation. The wisdom of this ancient knowledge can benefit your near and dear ones also.
S.V. writes
For the past 2 week STOCK MARKET PREDICTION is excellent, expecting your coming week eagarly...
If at all i would have taken any position according to your prediction, definitely i would have earned good... but not... i am sitting on the fence and watching this miracle... Y it's happening and all of a sudden what is going on with this world markets... (cos i am a newbee)
Hats off to you and regards sirji
Kind regards
S.V.
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