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Gann_Academy
Aug 28, 2022 6:53 PM

Mercury Elongation and Nifty! Change in trend ?? Short

NSE:NIFTY1D
Nifty 50 IndexNSE

Description

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Mercury elongations mean Mercury reaches its farthest separation from the sun as seen from Earth.

Elongation days tend to change the immediate trend of the market for a few days to few weeks. These movements could be quiet swift.

Marked on the charts are Mercury Elongation days (Vertical lines) for 2022. Change in trend following those days is self explanatory.

Last Mercury elongation date was 27th Aug 2022, Saturday, a holiday.

Will we see a change of trend on Monday?

Always keep a Astro Calendar handy to locate such events. They can help immensely in trading decisions.

(+/- 1 trading day)

GannBeyond Technical AnalysisTrend Analysisfinancialastrologyplanetarycycleelongationmercurygannacademyahoniranjana
Comments
ckirtane
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but Venus is positive ,so mercury effect will get smoother. nifty correction will end near 17000(+-100).
Gann_Academy
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@ckirtane, The retrograde Uranus and the Retrograde Jupiter would likely arrest any major fall. In any case Mercury is a fast moving planet and its effect wanes away quite early, if the bigger planets are contrary to its pivot directions.
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