“India is shining, and I am bullish on the Indian market for the next 2-3 years,” says Harshubh Mahesh Shah.
In an interview with ETMarkets on the sidelines of IOC 5.0 in Surat, Shah said: “We may see a few bearish waves in the coming few months which could take the Nifty50 index to 19,600 level, but I am aiming higher targets 30,000+ in Nifty by 2027.”
What is your take on markets for FY25 – what do the stars foretell?
India is shining, and I am bullish on the Indian market for the next 2-3 years. However, we may see a few bearish waves in the coming few months which could take the Nifty50 index to 19,600 level.
But I will be a buyer on all dips as I am aiming for higher targets of 30,000+ in Nifty by 2027.
How do you spot tops and bottoms using the Astro data?
Most people do not believe in the idea that we can probably find the ‘Top and Bottom’ of market but my study has proven right many times on social media.
I spot top and bottom through Moon cycles and planetary cycles using few software.
For example, you can always find huge momentum in markets around Amavasya dates. I have shared many logics around this for free on my social media with backtest reports (Instagram, Twitter etc.).
What role does the New Moon play in the astro charting?
The moon impacts our emotions which is also proven scientifically, and it does affect market as well. Those who don’t believe in it, please see the upcoming moon cycle dates April 8, May 8, June 6, 2024.
Do keep an eye around these dates and you will see huge momentum which will definitely make everyone believe that astrology indeed play a vital role in stock market.
Even if you mark Amavsya days high low on the Nifty charts, it works as a support and resistance in the market. I have made a system around this and shared on my social media.
What would be your advise to investors in the next financial year? What should be the ideal asset allocation?
Wait for dips to accumulate quality stocks in panic and forget it for next 2-3 years. Don’t put all eggs in one basket. 70% equity and 30% bonds is my favourite asset allocation for 2024.
Astro-based trading has become popular… Are there any existing or new products that investors can watch out for?
If you check Twitter, many people are now openly talking about financial astrology. Its indeed becoming popular due to fantastic performance.
People are also reading about Mr. WD GANN who was a pioneer in predicting markets using planetary cycle and mathematics.
Regarding products, we have a Financial Astrology Course (positional and intraday) where we teach regarding direction, astro levels, reversal day, momentum days concepts in a simple manner so that any beginner can gain and improve his skills.
