Wednesday, July 10, 2013

Intraday Views of NIFTY on (10-07-2013, Wednesday)


Short Analysis :

Ascendant Sub Lord is Mars in own star in a dual-airy sign and signifying 4-9-10 indicating Ascendant neither supporting bulls nor bears.

Opposition(7th) Sub Lord is Sun* placed in 11th house and conjoined with 2nd & 11th lord Mercury, signifies 5-8-11 through its star lord Jupiter and connected to houses 2-11 through its sub lord Mercury too... What does this indicate? a weak opposition ! that means gains from opposition ! and hence favours bulls ! Does 7th Cusp is anything to do with Dollar / Rupee value, if yes then today we can see Rupee getting strength ! :) We know that if Rupee getting strength means Nifty also getting strength.
So, even though Ascendant(1st CSL) is indicating a range bound market, as Opposite Ascendant (7th CSL) is weak, there could be upward bias in NIFTY.

Ruling Planets Indications :
As Moon transiting own house, as today is Wednesday, Moon & Mercury will rule all the day.
Moon as CSL of 11th house, is indicating a Range bound NIFTY but with POSITIVE bias, while Mercury is CSL of both 6th and 12th house, also indicating Range bound NIFTY  but with POSITIVE bias...
Moon Star will change after 13:30 PM today, from Pushyami to Ashlesha...
Lord of Pushyami, Saturn is  CSL of both 2nd & 8th houses, indicating a Range bound NIFTY but with POSITIVE bias...
Lord of Ashlesha, Mercury is CSL of both 6th and 12th house, also indicating Range bound NIFTY  but with POSITIVE bias...

Conclusion :

Typical Range bound NIFTY within 30 points, with Positive bias.  

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