Indian stock market trends for the period 10-8-2009 to 17-8-2009

In the stock market trends posted on 7^th August 2009, it was stated as follows:

“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).”

We give below the closing Nifty values of 6^th August 2009 and 7^th August 2009 for the purpose of comparison and for you to see the accuracy of forecasts.

Historical Data for S&P CNX NIFTY

For the period 6^th August 2009 to 7^th August 2009

Date	Open	High	Low	Close	Turnover (Rs. Cr)
6-Aug-2009	4694	4718	4559	4585	10974
7-Aug-2009	4592	4592	4464	4481

In the absence of any support Nifty fell by 104 points to close at 4481. Please look at these forecasts in the backdrop of blog post dated 3^rd August 2009 in which it was stated that the American stock markets will continue to rise in the period under review of 3^rd to 10^th August 2009. On one hand the Indian markets were falling in this period and on the other hand American markets were rising. Generally Indian markets also take a cue from the other world markets but the planetary influence of this overall period was showing divergent trends. This is the strength of astrology to look into the unknown and to come out with such pointed forecasts.

Trends from 10^th August 2009 to 17^th August 2009

This period has six trading days. There is an impact of planetary influences which may show two way movements in this period. That may defy any definite trend over these six days. The net impact may still remain positive over this period. Routine kind of pressures may continue to influence the market and the positive trend may emerge on account of global cues emerging in this period. That positive impact may be seen especially on the first four trading days of this period, from 10^th to 13^th August 2009. Overall some volatile movements may be witnessed in this six days period from 10^th to 17^th August 2009.

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.

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.