Share Market prediction for 24.12.09

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Share Market prediction for 24.12.09

 

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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