ASTRO VIEW
Dalal Street will be under the effect of Mercury, Moon and Ketu on Tuesday May 23, 2017. One observation, Rahu has send a message from Mondays trading pattern to Bears, I am with you, just have patience let bulls believe and have full faith in me. The way bulls tricked you, now let me trick the bulls and then will join you in the correction process. With this message in mind today markets will show another rise and recovery and bears will step aside and again sell the market once it comes to resistance level. Mercury, Rahu, Venus and Mars are now supporting the bears. It’s a matter of time for correction process to pick up. Today strong, Vargottam Aries Moon will support banking, but being conjunct with Mercury will again ensure profit booking correction picks up. Expect today market to move both sides initially for the bulls and later for the bears.                                                                                              

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TECHNICAL VIEW

• SPOT NIFTY closed at 9438.25 rising flat by 10.35 points. Days high was at 9498.65 Days low was at 9427.90. Resistance above 9500 is at 9525-9610. Support below 9300 is at 9225. Today’s intraday support is seen at 9409-9384-9360-9336-9312 and resistance at 9481-9506-9530-9555-9579
• SPOT BANK Nifty closed at 22652.85 losing 116.95 points with intraday high at 22918.35 and low at 22637.75 BN is now determined to scale 23200 but 23000 is seeing some selling pressure. If 23000 works as a strong resistance then 23200 may be a non-achievable target. Resistance above 22900 is 23200 and support below 22650 is at 22550-22450-22375. Todays intraday supports are seen at 22612-22575-22537-22500-22462 and resistance at 22725-22763-22801-22838-22876

NEWSLETTER MAY 2017
Year 2017 is the year of the Sun and Sun is the leader of all the planets. Sun has the potential to make or break the market. In the year 2008, Sun broke the market due to global financial scams. The scams spill was due to Saturn conjunct with Ketu under Rahu’s aspect in Leo sign. Sun is the lord of Leo. Market punters are aware of the 2008 debacle wherein in the entire 2008, Nifty gave up 65 percent of its gains from 6357 to 2252. In the current year, Saturn transits to Sagittarius sign on January 26, 2017. Saturn has Rahu’s aspect. Sagittarius sign lord is Jupiter and Jupiter is placed in Virgo sign. Saturn has the ability to spill hidden scams and uncover the sealed rotted beans. There is a strong possibility of hidden scams getting exposed in the financial sectors. Saturn can open hidden scams of the western world and give protection to the scams in the eastern world. This can again lead to market slump. My low target for 2017 is at 6000-6250. There is a 75 percent chance of the low target getting achieved. Sun represents the government and all government owned enterprises including banking. 2017 year can give acid test to the government on its policies. Saturn, which represents the fellow countrymen, will always express doubt on governments policies.

• May is Mercury’s month, Mercury is quick, swift and the direction depends on its speed and placement. Mercury has support from Venus-Rahu and Sun. None other planets are supporting. This makes markets interesting. In what way does the market gets interesting?
• Sun is exalted and currently in Aries sign. On May 14, 2017, Sun enters Taurus sign. Sun has begun its new journey towards positive Kranti. How does positive Kranti help the markets? How will exalted Sun and transit to Taurus support the market?
• Mercury has had a long stay in Aries. On May 04, Mercury gets into direction motion and remains in Aries for the entire month. In Mercury’s month what kind of support does Mercury lends to equity market?
• Jupiter, currently placed in Virgo sign, is retrograde. Jupiter, now is in Moons constellation. Jupiter in Moons constellation creates disturbances in currency, banking and entire financial sector. Will rupee and entire financial sector see overall weakness?
• Mars currently is in Taurus sign. What kind of support can be expected in May 2017?
• Venus, the main planet for share markets is exalted and in direct motion. Direct Venus makes markets weak. What kind of weakness can be expected from direct Venus?
• Saturn is retro. How will retro market move the markets?
• The following other points that will affect the markets are
  • Mars-Saturn-Rahu combo creates geo-political disturbances. Mars has Jupiter aspect; hence we are not seeing any severe market conditions. Mars transits to Gemini in May. What kind of geo-political disturbances can be seen?
  • US Dollar index is likely to gain strength and may weaken. Do we see further depreciation of INR?
  • Will crude and bullion market gain further momentum and get more expensive or will get bearish?
• In April, Nifty spot gave a very narrow range of 200 plus point range and Bank Nifty spot gave a narrow range of 500 plus points. What range do we see in May?
• In my monthly newsletter, I give a brief description on how will the markets open and close and what kind of intraday movement can be expected on everyday basis. If there is a trend reversal intraday, that too is mention on everyday basis. This helps for BTST and STBT and day traders.
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Disclaimer: Share Market Predictions are based on the Astrological Indicators. Any kind of announcement negative or positive news or weak or positive global cues or any cartel activity can make the predictions go wrong as the same are not considered in the analysis as they are very difficult to predict. All the views and contents mentioned in this site are merely for educational purposes and are not recommendations or tips offered to any person(s) with respect to the purchase or sale of the stocks / futures. I do not accept any liability/loss/profit occurring from the use of any content from this site. All readers of this site must rely on their own discretion and consult their own investment adviser. Financial Astrology can give 70-75% accuracy in predictions.