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Samvat 2068 positive for stock market: Astomoneyguru

As per Col Ajay Jain, CEO of www.astromoneyguru.com, April 4 marks the start of Vikram Samvat 2068, the lunar calendar started by King Vikramaditya of Ujjain.

April 04, 2011 / 09:53 IST

As per Col Ajay Jain, CEO of www.astromoneyguru.com, April 4 marks the start of Vikram Samvat 2068, the lunar calendar started by King Vikramaditya of Ujjain. The calendar is followed in parts of north and central India and in Nepal. The day is celebrated as Ugadi in Andhra Pradesh, Gudhi Padwa in Maharashtra and the beginning of Chaitra Navratri in several parts of north India. My good wishes to every investors and traders.

Nav Samvat or Vikram Samvat begins on the first day after Amavasi (new moon) in the month of Chaitra. In Uttar Pradesh, Himachal Pradesh, Haryana, Madhya Pradesh, Rajasthan, Uttarakhand, Bihar, Chhattisgarh and some other parts of north and central India, the Hindu new year is celebrated on the Chaitra Shukala Pratipada (March-April).

According to the traditional Hindu calendar followed in north India, this is year 2068. This calculation is based on the lunar-solar calendar in which a month is from full moon to full moon (Purnima to Purnima). This is known as the Purnimanta system.

Figure four is represented by Planet known as Rahu. April month and year 2011 both are represented by Rahu. This planet is known for highest volatility in world spot and future market. There are four planets Sun, mars, mercury and Jupiter make conjunction in Pisces which is related to water element.  Rahu will be Sagittarius sign which is being under lordship of Jupiter. It is also important that Pisces also represented by Jupiter. Combination of Jupiter and Rahu may creat highest volatility in bullion especially yellow metal gold. Deep down ward movement in gold expected during first half of month April 2011. This is early alert for bullion traders and investors for short term trading. This down ward movement in gold will provide an opportunity also for investment in gold who missed earlier for mid term investment. Traders who trade with high volume in bullion may take this as early alert.

As per astro economics important movement in currency market is also expected in month of April 2011. During month US dollar may show great strength against Euro in international currency market. As per astrology chart some negative news form European is expected during month. Some European countries

first published: Apr 4, 2011 09:52 am

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