Financial Astrology: Nifty Index Forecast for Jan 2014
Nify closed on Dec 31, 2014 at 6301.65. Since Venus is transitting on 7th house and 6th house to natal moon for India's chart, it will continue to create a big bubble in the stock market. Indian markets will outperform US markets.
However taking a long positions for short or medium term is not advised. Speculation is good on Nifty and intra day traders will enjoy most profits. The bubble on Nifty will burst however I do not see it happening until end of Feb 2014. Since Mars is slowing down and getting retrograde by end of next month, Nifty price will continue to move up by creating bubble during Jan 2014.
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