Stock Market Astrology Part IV

"Fortune favours the brave " ' High risk, high returns ' - this equation characterise the stock markets.rnIt is clear that without taking calculated risks, one cannot develop inrnbusiness. The transit of the North Node, Rahu, which rules gambling is very importantrnin the stock market equation. This planet rules all risk taking ventures. Ifrnthe North Node is favourable and if Jupiter is indeed benevolent in arnfavourable house, one can go ahead and take calculated risks. The North Node is in India's 10th and Jupiter in the second ( Cancer, LunarrnAscendant ). The Sensex ( 20465) and Rupee ( 39.40 ) have hit peaks ! Forexrnreserves have gone past $ 276 billion . Auto and automotive componentsrnexports have registered phenomenal growth, along with software and steel.rnForeign investors averr that India is the best emerging market. FII inflowsrnhave crossed $ 30 b and the share market is poised to rise ! India, inrncontrast to China, has got good English language skills and better softwarernskills. Foreigners relish working in India than in China, because of thernlanguage problem. The Indian stock markets are computerised and transparent.rnThere are less scams. It is true that turnover on the NSE ( maximum $ 20rnbillion a day ) are way behind the turnover of London Stock Exchange ( $rn1000 b ) or New York ( $ 1000 b ) ( $ 1 b - Rs 4500 crores ). But it isrnonly a matter of time that NSE and BSE catches up with LSE & NYSE ( at PPPrnestimates ). rnThe negative points that must be noted, are however, Jupiter in the 6th andrnSaturn in the 2nd. These 2 planets are dragging and retarding progress. Thernadverse positions of these 2 are responsible for the sudden dips ( Sensexrndown to 20400 from 18000 ) and a feeling of anxiety and fear amongst therninvestor population. In Forex market also, Rupee is continuing its bull runrnagainst the greenback but there was a sudden dip earlier. Venus moving over to Libra and Mercury getting exalted in Virgo will onlyrnimprove the market. We have to remember that small declines are healthy asrnthe market is continuing its bull run. Saturn and Mars are the villains andrnwe have to be cautious all the time. " The smartness of the operator lies in booking loss and not in bookingrnprofit " . What does it mean ? It is common experience that when we sell a scrip, it goes up ! When we buyrna share, it goes down ! If the market is going to rise, we should hold on. ( In Technical Analysis, a bull run is characterised by rising Resistancernand Support levels ). I bought SAIL three years back at 13.70. It declinedrnto 8 and after 3 years I sold it for 40! If you invest in a fundamentallyrnsound scrip, there is no risk in holding on ! One should invest only inrnpotential winners ! ( Another example was ICICI Bank. I bought it for 35. Itrndeclined to 18 and I sold it after 1 year at 151 ! ). One should not panicrnwhen the share one bought declines ! Nor when the share one sells goes up !rnWe do not control the market ! If you understand this, you will come to knowrnthat smartness is loss booking and not profit booking ! In 2003, I bought SBI at 420 and sold it off at 449, bought Reliance at 408rnand sold it off at 432, Infosys at 4512 and sold it off at 4633, ICICI Bankrnat 194 and sold it off at 207 & GACL at 219 and sold it off at 230. I am notrnbothered if it goes up. I booked profit. In the present situation, itrnappears as booking loss as the prices of these scrips have gone up ! ( On the occult side, I protected myself by chanting the KarthiaveeryarjunarnMantra and wearing an Ohari Vipanana Vijayaprada Yantra, made by a BrahminrnTantric friend. Here is the K V Mantra. Karthiaveeryarjuno NamahrnRajah Bahu Sahasravan Tasya Samsmaranath EvarnHritham Nashtam cha Labhyathe ) The Irrational Crowd & the Contrarian Investor We have to understand that man is an irrational animal( Russell ) ( inrndirect contrast to the classical definition of man as a rational animal ) .rnThe crowd is irrational and sentimental. During boom, all men view thernmarket with rose-tainted glass thinking that the boom will last forever. Nornboom lasts for ever. Based on the bullish reports given by the media, therncrowd pushes the market up. During a bear hug, the reverse happens. Crowdsrntake the market to unjustifiably low levels. The irrational crowd isrnsentimental, not fundamental. A scrip is either underpriced or overpriced.rnIt is overpriced in a bullish market and underpriced in a bearish market.rnUnderstand that the Market is cyclical and take advantage of booms and bustsrn! Insulate yourself from the contagion of the crowd. Being part of the crowdrnwill get you nowhere. Book profits every now and then. Be a contrarian ! Knowledge - A criterion for success Good ideas and good research are an absolute necessity in the market place.rnThe market is not a roulette wheel. There is no substitute for Information.rnAlong with Knowledge, hard work is called for. One should be alert and workrnhard for success. Fortune indeed favours the industrious ! Women are won by wooing Fortune is won the same Sure there will be lots of trouble Sure there will be heaps of cares Burdens that bend us double Worries that come to wear But we must still be pursuing Something to see us through ! We recommend buying TISCO, Infosys, United Phosphorus, CMC, GAIL, AurornPharma at their current support levels. Since the Sensex is at 20465, waitrnfor the market to dip and buy these at their support levels. A reaction isrnexpected at any time. A loss of 400 points to the Sensex can happen at anyrnmoment. On should wait for the market to decline and then enter at therncurrent support level of the Sensex. Some scrips are moving sideways ( thatrnis when the Sensex goes up, some scrips are coming down ). Such movementsrnare to be expected. But, by and large, most of the cyclicals move up whenrnthe market goes up and comes down when the market comes down. Please check the position of Rahu and Jupiter in your chart and theirrntransits. People with Virgo as their Moon Sign should also be cautious asrnSaturn is in the adverse 12th. Saturn ( gambling ) and Jupiter ( DivinernGrace ) are king makers !