Target for NIFTY  resistance at 5542-5579-5616 and support at5394-5357-5321. For Sensex  resistance at 18378-18446-18514  and support at17927-17860-17793. Silver opened at29365 and has resistance at29450-29536-29622 and support at 29229-29193 -29108. As we have been clearly informing  our readers since 16thAugust that market is all prepared for correction ,it has proved to be right since then .Economic situation is getting worse and will be difficult to be handled . There is a vicious circle creating a nightmare .

Today,27/8/2010 ,Moon is in Pisces  whose lord Jupiter is in own sign Pisces in opposition to Venus ,Saturn ,and Mars in Virgo and in square to rahu and ketu .The Sun  and Mercury are in Leo in shadastak to Jupiter. this planetary position causes weakness in the markets ,enforcing negative sentiments about the future of the economy .My readers  must note my study on 16th Aug. where we had clearly suggested correction , hence caution for the bulls . It must continue for some time more .Mercury is retrograde and will remain so till 8th sept. .So we must watch the trend and take the decision accordingly .
                                                                   TARGET  for Sensex and Nifty has already been achieved .

On Tuesday,24rd August,2010,Moon is in Aquarrius whose lord Saturn is in Virgo with Mars and Venus .Rahu in Saggitarius and Ketu in Gemini are in square position to Jupiter in Pisces  Saturn ,Venus, Mars in Virgo.This planetary configuration has caused the market to go down .Sensex closed  at 18311 and nifty at 5505 .Target for Sensex is 18398-18466- 18534 and18263-18195-18128 . For Nifty it is 5542-5579-5616 and5467-5431-5394 .

On Monday,23rd August,2010,Moon is in Capricorn whose lord Saturn is in Virgo with Mars and Venus .Rahu in Saggitarius and Ketu in Gemini are in square position to Jupiter in Pisces  Saturn ,Venus, Mars in Virgo.This planetary configuration has created a tight squeeze on the market and uncertainty about the direction of the market .

On Thursday, 19/8/2020

Moon is in Saggitarius, whose lord Jupiter is situated in Pisces in square position to Mars ,Venus and Saturn in Virgo ,Rahu in Saggitarius and ketu in Gemini .Sun and Mercury are in Leo.

  Equity markets and particularly Sensex and Nifty must be in green . target for Nifty is5524-5562-5599 and support at 5492-5455-5419 . Please refer to our prediction on Monday  9/8/2010 .

On Monday,16th August,2010,planet are having degree to degree relationship.While Saturn and Jupiter are having opp.at 8 degree ,Venus and Mars are in conj. at16 degree.Rahu and Ketu are in square to Venus and Mars .Sun is in the last degree of Cancer and will move in Leo for next one month . Mercury is in leo24 degree and Moon is in Libra.
              Planetary configuration suggest very important changes  in the direction of the markets . It may reverse the current trends in all major markets.A major correction may start. .So traders are advised to be cautious in transactions.Targets for NIFTY are 5639-5676-5714 and on downside 5201-5165-5129.

On Friday, NIFTY reached the exact target of 5452 and made atop of5474, but ultimately closed at 5452.Sensex remained strong and reached 18252 but closed at18167.DJIA is expected to move upside10369-10420-10471 and downside of 10268-10217-10167.Markets will remain uncertain and change direction on every news.

Target for NIFTY met yesterday and it went to the level of 5385 as we had suggested . Tomorrow its target is set 5452-5489-5562on the upper side while down side can see the level of5379-5342-5306.The planets indicate a volatile market indicating uncertainty in traders perception of the direction of the market.

We must study the difference  between Sensex and DJIA andFTSE100. WhileDjia AND FTSE100 still has scope to go higher to full its previous top  and MACD  has been moving to the upper line  but not reached yet, so there is  immediate upside movement is required to fulfill its technical destination. On the other hand ,Sensex has made its top in bollinger band but around zero in MACD.It signals a sideways movement.Target for nifty is 5527-5564-5601 and on downside 5453-5416-5379.

free stock charts from  in.advfn

free stock charts from in.advfn.com

free stock charts from in.advfn.com
Sensex has made a steep journey from8064 on March 6 to 18100 in 17 months , on avg it has taken 19.70 points each day ,so it will still take more than three months to reach the target of 20000 which is its valid destination . MACD is near 0 which suggest sideways movement  allowing space  for upside as well as downside trend to follow in the near future.

Today, on2nd Aug,2010,Moon will be transiting Aries,Sun will be in cancer16 , Mars in virgo17 along with Saturn17, Mercury in Leo11 and Venus will leave Leo at 13:38:19p.m. and ingress into Virgo ,its debilitation sign, Jupiter retrograde in Pisces 9, rahu in Saggitarius16 and ketu in Gemini 16.
                                      Planetary position taken in Toto suggest volatility in the markets . Bullish sentiment  must continue in indexes in Asia as well as in Europe and American markets. After 12: 30  some surprises must be there in rather big movement in eighter way.Traders must be cautious around that time and take decision  after observing the trend.