Share Market prediction for 24.12.09

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Resistance 5200, 5255, 5360, 5416

Support 5095, 5040, 4935, 4880

 

Wow!!! What a day in the share

market. The negative sentiment got ignored and the market instead of giving a

sudden jerk on the negative side gave it on the positive side. Now the

important question is what next?? Will this market hold on the gains?

 

On 24.12.09 Jupiter, Saturn,

Venus, Chandra will play an important role in the share market. Jupiter wants

stability, so does Saturn, but both Venus and Chandra both being female planets

will look for more gains and earn more profits. Mars provides the logic sense

to every human, but being depilated and also retrograde; will lack the logic

sense. Greed will prevail.

 

Early trading hours will start

with Jupiter/Rahu in the helm of affairs. Rahu also being depilated will give

movement on either side. Already some positive sense and hope will prevail but

it can also give to correction.

 

Hence with so many planets in the

day affairs, confusion in the market will prevail.

 

Technical view point:

Nifty

has a strong resistance at 5182 level. On three occasions in the past it has

broken the previous high, but did not show any positive gain. Hence at 5182

levels it corrected. The current range of the market is between 5182 and 4940.

This currently being a range market, a possible correction can come when nifty

touches 5182-5200 level. It will make a new high, but will not be able to hold

on the same. If nifty holds on 5200 level then the market is positive and will

be heading for 5300 levels.

 

But to

sustain that level market needs to push hard and buying support needs to come

from the domestic and foreign FII market players. Will this happen, well

keeping in mind the astrological planets current strength, only mangal can do

this, but here mangal being debilated and also retrograde, it can happen and

also it can deny also. One should not forget when mars is weak, the greed and

desire to speculate is very high and this greed is just enough for market to

scale new highs.

 

Venus

is also afflicted by rahu & ketu and on Monday 28th when venus

is in control of the affairs, it can scale new highs.

 

HARESH(HARRY)NATHANI

VEDIC ASTROLOGER CELL

+91 9867214103

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