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TIMING THE STOCK MARKET FOR OCTOBER 2024
By Vandana Dev Khattar
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Planetary positions for October 2024 :-
Sun : Up to 16th October, remains in Virgo; thereafter, it will transit in Libra.
Mars : Up to 20th October, remains in Gemini; thereafter, it will transit in Cancer.
Mercury : Till 10th, it will transit through Virgo; thereafter, it will move to Libra. From 30th onwards, it will move to Scorpio. It will remain in Combust state from 1st to 22nd.
Jupiter : Throughout the month, it will transit through Taurus sign. From 10th onwards, it will move in Retrograde direction.
Venus : Up to 12th October, remains in Libra ; thereafter, it will transit in Scorpio.
Saturn : Throughout the month, it will transit through Aquarius sign, in Retrograde direction.
Rahu (Mean) : Throughout the month, it will transit through Pisces sign.
Ketu (Mean) : Throughout the month, it will transit through Virgo sign.
Uranus : Throughout the month, it will transit through Taurus sign in Retrograde direction.
Neptune : Throughout the month, it will transit through Pisces sign in retrograde direction.
Pluto : Throughout the month, it will transit through Capricorn sign. From 1st to 11th, it will move in Retrograde direction.
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| Daily movement of Stock Market in October 2024 |
Date
Lagna
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Moon’s Astro parameters
at 9.15 am
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Market Trend
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These Rasi / Lagna should
refrain from financial dealings today
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01
Tuesday |
Tithi : Krishna Chaturdasi
Nakshatra : U.Phalguni;
Navamsa : Sagittarius
Moon sextiles Mars, squares Jupiter & opposes Saturn. Profitable positions can be squared off
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The Bulls will be able to assert their dominance in the market up until 11:55hrs, driven by strong buying interest in stocks related to the PSUs, copper, wheat and insurance sectors. During this period, investors are likely to be optimistic, pushing the prices of these stocks higher. However, after 11:55 hrs, a downtrend in the market sentiment is expected.
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Capricorn & Virgo |
03
Thursday |
Tithi : Shukla Prtipada
Nakshatra : Hasta;
Navamsa : Cancer
Moon conjoins Sun & Mercury, squares Mars and trines Jupiter
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From the moment the stock market opens, a positive mood, carried by the bulls, persists until 11:55 hrs as they take buying interest in the stocks of silver, rice, beverages & dairy sectors. Thereafter the bears will take over and close the indices Southwards.
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Aquarius & Libra |
04
Friday |
Tithi : Shukla Dwitiya
Nakshatra : Chitra;
Navamsa : Libra
Moon trines Jupiter
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As soon as the market opens, a fierce competition between the Bulls and the Bears will begin, with both sides striving to establish their dominance. The Bears, with their pessimistic outlook, will attempt to drive prices down, on the other hand, the Bulls will fight back, fuelled by optimism. Throughout the trading session, this back-and-forth struggle will create a fluctuating market environment. However, as the clock approaches 14:55 hrs, the Bulls will shed off their inhibitions and show buying interest in the stocks of defence, copper, realty & machinery sector companies.
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Scorpio & Pisces |
07
Monday |
Tithi : Shukla Chaturthi
Nakshatra : Anuradha;
Navamsa : Virgo
Moon sextiles Ketu. Auspicious day
to open new demat account
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The traders with optimistic view will start showing their
might from 10:55 hrs onwards by placing Bullish bets on the
stocks of steel, housing, oil exploration and heavy industries
sector companies. Positivity in the market sentiments will be
noticed till 13:35 hrs. However, after 13:35 hrs, this positive
sentiment will begin to wane. The initial surge of enthusiasm
will start to give way to caution. As traders reassess the situation,
considering potential risks, profit-taking will likely set in.
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Aries & Sagittarius |
08
Tuesday |
Tithi : Shukla Panchami
Nakshatra : Jyeshta;
Navamsa : Capricorn
Moon sextiles Sun & Mercury and
opposes Jupiter. Not to trade in F&O
segment.
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Throughout the trading session, the Bears will maintain a firm
grip on the stock market, exerting downward pressure on prices
across various sectors. From the opening bell, their influence
will be felt as they drive a wave of selling, fuelled by pessimistic
sentiment. The Bears' stronghold will be evident in the overall
market trend, with many stocks struggling to gain any upward
momentum. Throughout the morning and early afternoon,
attempts by the Bulls to rally will be quickly thwarted, as the
Bearish sentiment keeps a lid on any upward movement. However,
as the trading session progresses, a brief window of
opportunity will open for the bulls. Between 13:45 and 14:15
hrs, they will seize this chance to spread their wings and assert
some control over the market. During this period, the Bulls will
show a keen buying interest in banks, insurance, broking, and
fast-moving consumer goods (FMCG) companies.
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Aries & Sagittarius |
09
Wednesday |
Tithi : Shukla Sashti
Nakshatra : Moola;
Navamsa : Aries
Moon sextiles Mercury and opposes
Jupiter
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From the start of the trading session, the Bears will set the tone,
creating an atmosphere of caution and uncertainty. The market
will likely experience consistent selling, with few opportunities
for recovery as investors and traders choose to exit positions or
lock in profits. The market will reflect this cautious mood,
with prices trending downward, and many investors opting to sit
on the sidelines, waiting for more favourable conditions. However,
the Bulls will find a brief window of opportunity to make their
presence felt. Between 11:25 AM and 1:15 PM, a specific period
within the trading day, the Bulls will manage to carve out a space
to assert themselves. During this time, they will focus their efforts
on buying shares in leather, footwear, diagnostics, and
pharmaceuticals sector companies.
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Taurus & Capricorn |
10
Thursday
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Tithi : Shukla Saptami
Nakshatra : P.Ashadha;
Navamsa : Leo
Moon squares Ketu
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During the time frame between 11:35 and 12:55 hrs, the Bullish
forces are expected to assert their dominance in the market.
This period is likely to see a surge in buying activity, particularly
in specific sectors such as paints, white goods, capital goods, and
textiles. The increased buying interest in these sectors is
anticipated to infuse a positive sentiment into the overall market.
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Capricorn & Taurus |
11
Friday |
Tithi : Shukla Ashtami
Nakshatra : U.Ashadha;
Navamsa : Sagittarius
Moon squares Sun & Mercury,
sextiles Venus and opposes Mars.
Auspicious day to open new FD &
PPF accounts.
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The market is expected to witness a strong Bullish sentiment
from the opening bell until 13:15 hrs, driven by significant
buying interest in stocks belonging to the hospitality, aviation,
fashion, and FMCG sectors. During this period, the Bulls are
likely to dominate the trading floor, pushing stock prices higher
and creating an overall positive atmosphere in the market.
However, this optimistic trend is expected to be short-lived, as
a shift in market sentiment is anticipated due to profit booking
afterward, leading to a downturn and likely resulting in the
indices closing in a southward direction.
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Taurus & Capricorn |
14
Monday |
Tithi : Shukla Dwadasi
Nakshatra : Satabisha;
Navamsa : Capricorn
Moon trines Mercury
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The market is expected to maintain a positive undercurrent
until 12:55 PM, with buying interest driving stock prices of
IT, AI, electronics and telecom sector companies upward and
creating a controlled optimistic atmosphere. However, this
positive momentum is expected to be short-lived. After 12:55
PM, the market dynamics are anticipated to shift, as the bears
step in and begin to assert their dominance, leading to increased
selling pressure and a likely downturn in market indices.
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Pisces & Cancer |
15
Tuesday |
Tithi : Shukla Tryodasi
Nakshatra : P.Bhadra;
Navamsa : Taurus
Moon conjoins Saturn.Good day to
pay your dues
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The market is expected to open on a Bearish note, with early
trading dominated by selling pressure and cautious sentiment.
However, starting at 2:45 PM, the Bulls are likely to step in, seizing
the opportunity presented by lower stock prices. By focusing their
buying interest on the gold, turmeric, education, and exports sectors,
they may help stabilize the market and drive a recovery in these
specific areas. While the overall market may still close with mixed
results, the late-day Bullish activity could help mitigate earlier
losses and provide a more positive outlook for these key sectors.
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Pisces & Cancer |
16
Wednesday |
Tithi : Shukla Chaturdasi
Nakshatra : U.Bhadra;
Navamsa : Libra
Moon opposes Ketu.Avoid making any
fresh financial transections
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The Bulls are expected to display courage between 10:45
and 13:05 hrs, expressing buying interest in stocks related
to Heavy industries, mining, petroleum & coal sector
companies However, following this period, the Bears are
likely to enter the arena and take control of the market.
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Leo & Aries |
17
Thursday |
Tithi : Pournami
Nakshatra : Revati;
Navamsa : Aquarius
Moon opposes Sun.
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Since the opening bell, the Bears' attack will keep the
sentiments pessimistic. The market is expected to experience
a
phase from 13:15 to 14:15 hrs, with significant
buying interest in stocks related to tyre, cable, pipe & retails
sectors. This period of optimism and upward momentum
will likely lift the indices. However, this Bullish phase is
expected to be followed by a shift in market dynamics as the
Bears take control after 1:05 PM. Increased profit-taking,
emerging negative sentiment, and selling pressure could lead to the indices closing in downward direction.
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Leo & Aries |
18
Friday |
Tithi : Krishna Pratipada
Nakshatra : Aswini;
Navamsa : Cancer
Moon opposes MercuryAuspicious day
to begin investing in front runner
companies |
The market will experience a positive undercurrent between 10:55 and 13:05 hrs; as the Bulls will show buying interest in the stocks of diagnostics, pharma, leather & footwear sector companies. Thereafter the Bears will take the matter in their hands.
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Taurus & Virgo |
21
Monday |
Tithi : Krishna Panchami
Nakshatra : Mrigsira;
Navamsa : Leo
Moon squares Saturn Good day to start learning financial literacy lessons
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Till 14:05 hrs, the Bears are anticipated to dominate the arena. Subsequently, from 14:15 hrs onwards, the Bulls are expected to take the lead by expressing buying interest in stocks related to the copper, defence, chemicals and realty sector companies, continuing until the close of the trading session.
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Libra & Gemini |
22
Tuesday |
Tithi : Krishna Sasthi
Nakshatra : Arudra;
Navamsa : Sagittarius
Moon squares Rahu.Good day to pay your dues / pending bills
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The trading session is expected to be characterized by a tug of war like situation between the Bulls and the Bears, with both sides vying for control of the market. Throughout the session, the market will likely experience significant volatility, as the Bulls and Bears continuously push and pull, creating a dynamic and unpredictable environment. The ongoing struggle between the bulls and bears may lead to a lack of clear direction, with the market oscillating between gains and losses. As the session progresses, around 12:05 PM, the Bulls are expected to gather strength and mount a more coordinated effort to push the market higher. Their focus will be on IT, AI, electronics & capital goods sectors. Despite the Bulls' efforts to lift the market, the Bears are expected to maintain their pressure throughout the session. Their presence will likely prevent the market from experiencing a sustained rally, as they continue to sell into any strength.
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Scorpio & Cancer |
23
Wednesday |
Tithi : Krishna Saptami
Nakshatra : Punarvasu;
Navamsa : Aries
Moon trines Saturn.Good day to open new trading account
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The market is expected to maintain a pessimistic tone throughout the trading session until 2:35 PM. During this period, Bearish sentiment is likely to dominate, with investors showing caution and refraining from taking new positions. However, at 2:35 PM, a shift in market dynamics is expected as the Bulls begin to enter the arena with renewed confidence. Recognizing the opportunities presented by the earlier market declines, they are likely to focus their buying interest on heavy Industries, banking, finance & insurance sector companies.
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Scorpio & Cancer |
24
Thursday |
Tithi : Krishna Ashtami
Nakshatra : Pushya;
Navamsa : Leo
Moon trines Rahu & conjoins Mars.
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The trading session is anticipated to witness a period of Bullish activity between 9:55 AM and 12:25 PM, during which the Bulls are expected to display significant courage and take a proactive stance in the market. Their buying interest will likely be concentrated on stocks related to the silver, breweries, petroleum, and alcohol sectors. However, this Bullish phase is expected to be short-lived, as the Bears are likely to enter the arena after 12:25 PM and exert their influence, potentially reversing the earlier gains and taking control of the market.
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Leo & Sagittarius |
25
Friday |
Tithi : Krishna Navami
Nakshatra : Aslesha;
Navamsa : Sagittarius
Mercury squares Moon
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The trading session is anticipated to be dominated by Bearish sentiment, with the market generally trending downward for most of the day. However, amidst the overall pessimism, there is an expected window of strong Bullish activity between 12:25 PM and 1:55 PM. During this period, the Bulls are likely to make a concentrated effort to drive the market higher, particularly focusing on stocks in the tyre, broking, FMCG, and banking sectors. This burst of optimism and buying interest could lead to a temporary rally in these sectors
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Leo & Sagittarius |
28
Monday |
Tithi : Krishna Dwadasi
Nakshatra : P.Phalguni;
Navamsa : Scorpio
Moon squares Jupiter & opposes Saturn. Good day to review your financial statements |
For the majority of the trading day, the market is expected to be under the control of the Bears. This could result in widespread selling pressure, with stock prices generally moving lower across various sectors. Despite the generally negative tone, the market is expected to experience a notable bullish phase between 10:25 and 11:45 hrs. During this period, the bulls are likely to focus their buying efforts on white goods, jewellery, cosmetics & perfumery sectors.
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Capricorn & Virgo |
29
Tuesday |
Tithi : Krishna Dwadasi
Nakshatra : U.Phalguni;
Navamsa : Aquarius
Moon sextiles Mars & opposes Rahu.
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The market is expected to experience a positive trend until 12:05 PM, driven by strong Bullish activity. During this period, the bulls are anticipated to focus their buying efforts on stocks related to wheat, copper, public sector undertakings (PSUs), and tobacco sector companies. This concentrated buying interest is likely to create upward momentum, lifting stock prices within these sectors and driving the market higher. However, after 12:05 PM, profit booking is expected to set in, which may reverse the earlier gains and lead to a downward trend. As a result, the market indices are likely to close in southward direction.
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Libra & Aquarius |
30
Wednesday |
Tithi : Krishna Tryodasi
Nakshatra : Hasta;
Navamsa : Gemini
Moon opposes Rahu.
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Even though Bearish sentiments are anticipated to dominate the trading session, there is a window of opportunity between 09:15 and 10:05 hrs, when the Bulls are expected to muster the courage to pull the indices upwards temporarily by buying the stocks from companies in the sugar, beverages, rice & dairy sector companies.
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Libra & Aquarius |
31
Thursday |
Tithi : Krishna Chaturdasi
Nakshatra : Chitra;
Navamsa : Virgo
Moon squares Mars & trines Jupiter.
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The trading session is anticipated to be largely controlled by Bearish sentiment, with the market experiencing widespread selling pressure and downward movement in stock prices. However, after 13:35 hrs onwards till the closing bell, the Bulls are expected to stage a strong comeback, focusing their buying interest on the power, defence, metallurgy and chemicals sectors.
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Libra & Aquarius |
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In India:
EXPRESS STARTELLER
The Manager
Express Estates, Club House Rd.,
Mount Road, Chennai - 600002
Phone : +(91)-(44)-28460245
+(91)-(44)-28460245 / 28460517
E-mail :
stars@starteller.com
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