It may also clarify myths associated with financial astrology. This conceptual paper presents describes the grass roots of financial astrology and status of research work in this area and its utilities. So, financial astrology, which deals with prediction of prices of stocks/index based on planetary positions, answers on this issue. However, both the approaches fail to determine proper timing of entry and exit from trade so that maximum profits are earned or loss is minimized. Investors are mainly adopting fundamental analysis and/or technical analysis as an approach of security analysis in managing their investment in stock market. Indian Stock market is an attractive investment destination amongst the investors’ fraternity of all the segments i.e. An Indian stock market has witnessed marvelous growth and development in the last decade. This paper presents the conceptual idea in the area of Financial Astrology, an unexplored approach of security analysis.
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