Intraday Trading as a Professional

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Why Bank Nifty shrink so much today ?

Today India’s leading Sectoral Index Bank Nifty closed with a huge loss of -2.59% at 25596.60. My many readers ask me a common question – “What is the cosmic reason behind this weakness?

I hope, my many readers already found the cosmic reason behind this weakness. But for those who cannot find, I am writing this article.

Here I am drowning today’s sky chart on the base of Vedic astrology for Bank Nifty –

Time: 09:15 Place: Mumbai

In this sky chart, you can see, this is the Virgo solar month. And other details mentioned below –

Sun – Virgo
Moon – Capricorn
Moon Navmasha – Gemini
Moon Conjoin – Mars, Ketu
Moon Aspect – Rahu
Nakshtra Lord – Moon (Own)

Nakshtra – Shravna
Yog – Sukarma
Tithi & Paksh – Shukla Dwadashi

According to applied astrological rules –

⊗ When Moon transit through Shravna Nakshtra, under Virgo solar month most of the time Bank Nifty produce positivity for the day.

Please see the page number 107, paragraph 7, and book – Astro Trading Strategy for Bank Nifty.

⊗ When Shukrma nitya yog fall under Virgo solar month most of the time Bank Nifty produce positivity for the day.

Please see the page number 109, paragraph 7, and book – Astro Trading Strategy for Bank Nifty.

⊗ When Shukla Dwadashi (T&P) fall under Virgo solar month most of the time Bank Nifty produce negativity for the day.

Please see the page number 113, paragraph 5, and book – Astro Trading Strategy for Bank Nifty.

Out of 3 lunar parameters, our 2 lunar parameters indicate POSITIVITY for the day. Therefore our 1st probability is POSITIVE.

1st Probability: Positive

Now we are going to check today’s Moon’s strength for the final probability.

Moon transit through Capricorn under Gemini Navmasha in Kumar Avastha. Gemini Navmasha produces positivity for the Moon but Capricorn reduces this positivity. Therefore on the base of Transition Moon strength is ok, that’s mean not god not bad so-so.

Now Moon is conjoined with Mars & Ketu & aspect with Rahu. Here you can see more malefic planet produce negativity for Moon. Moon strength is weak here.

Now again please keep a look on Nakshtra lord, today Moon has own Nakshtra lord. And according to the applied astrological rule when Moon has own Nakshtra lord its strength going extremely weak.

Please see the page number 25, paragraph 2, and book – A Trader’s Guide to Predicting MCX Silver.

Now here you can see Moon is extremely weak, therefore due to applied astrological rule “Weak Moon reverse the 1st probability”. Now our new probability is Negative.

Please see the page number 216, paragraph 2, and book – Astro Trading Strategy for Bank Nifty.

Final Probability: Negative (Moon strength is extremely weak so we can see strong weakness)

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Book Image

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Nifty on Gann’s Chart


From the last 55 days, #Nifty continue running in the bullish form on Gann Chart and gain over 1000 points. Till now we did not receive a single bearish indication. Last time, we show this type of momentum in Nifty in 2016. In 2016 Bull run around 81 days and Nifty made a gain of 1324 Points.

Nifty Tech Scan

Today Nifty closed with a minor gain. From the 1 Aug 2018 till now Nifty gained 224.70 points. Many short players already made shorts in Nifty and they are completely running in oddesay condition. Even on charting pattern Nifty not indicate any specific trend. Right now we have only 2 marking levels, which may give some definite trend. The 1st one is 11624 & 2nd one is 11516. In this weak, if Nifty came below 11516 marks, then we can see some weakness. And we can expect 11188 marks in near sessions. But above 11624 marks, we have no any specific marking to upward.

Disclaimer – This commentary is only a technical study. Please consult with your analyst, before making any trade. I am not liable for any loss or profit.