Nifty has begun wave 3 of wave 5 of C of Diametric D ( This last will be proven only if Nifty tops below 6336, which was the November 2010 top.If Nifty crosses 6336, then we will consider the ABC correction from Jan 2007 top, as a Flat with C wave failure, because C had retraced only about 44% of B.In such a case, we will expect the present wave 5 to extend and top out somewhere in May 2013.. As of now, the diametric is still in play.. )
Here is the full wave count from December 2011....
And here is wave 5 of C of D in focus...
Here is the 15 min chart...
On January 03, Mars will trine Jupiter ( R)
On January 08,Mars will square Saturn. ( Both are exalted )
On January 10 from , Venus will sextile Neptune.
From January 10 to 14, as many as 5 planets will be in volatile Sagittarius and they will be in aspect from Saturn and Uranus.By January 15, Rahu moves into Libra, and enhances the power of Rahu.
So January 08 to 14 maybe a volatile period.
On January 23, Mercury trines Jupiter.
On January 26 Sun trines Jupiter.So up-trend may resume from January 23 onwards.
On January 31, Jupiter becomes direct.
So up-move up to 14th, corrections up to 23 and resumed up moves from January 23, is seemingly on the cards.
But then Nifty knows best and so follow her for confirmation.