Indian stock market trends for the period 7th August 2009 to 9th August 2009

In the stock market trends posted on 31^st July 2009, it was stated as follows:

“The next period starting from 31^st July 2009 (Friday) and continuing upto 6^th August 2009 (Thursday) may therefore start with a lot of optimism. There may be positive enthusiasm initially especially on 31^st July 2009 as a result of positive global cues. But it may prove to be a short lived euphoria. The overall period may show fall especially when you compare the Nifty closing of 6^th August 2009 with the closing of 30^th and 31^st July 2009”.

We give below the closing Nifty values from 30^th July to 6^th August 2009 below, as a comparison.

Historical Data for S&P CNX NIFTY

For the period 30-07-2009 to 6-08-2009

Date	Open	High	Low	Close	Turnover (Rs. Cr)
30-Jul-2009	4513	4582	4474	4571	13122
31-Jul-2009	4572	4670	4572	4635	10951
3-Aug-2009	4634	4724	4618	4711	8717
4-Aug-2009	4706	4731	4643	4680	10938
5-Aug-2009	4681	4717	4630	4694	9313
6-Aug-2009	4694	4718	4559	4585	10974

The trends were given for five days of trade. It was stated that initially the market may rise especially on the 31^st. It was also stated that thereafter the initial euphoria may prove to be short lived and the market may fall. On 6^th August 2009 Nifty closed at 4585 as against the 31^st July closing of 4635 and 3^rd August closing of 4711. The first two days of trade showed rise whereas the next three days of trade largely showed fall.

Trends for 7^th August to 9^th August 2009

The market may continue to be under pressure and therefore the next three days may not witness any big support. Hence the market may remain dampened in the next three days. In these three days there is only one trading day which is on 7^TH August 2009 (Friday). Hence the market may remain under pressure on 7^th August 2009 (Friday).

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 5^th and 7^th 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 4^th January 2007 (previous closing) and 7^th 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.

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