Wednesday, January 30, 2013
Nifty Astro Technicals Jan 29, 2013
This has been the dominant theme of our markets for some time.Domestic Institutions are selling while FII buying in larger quantities offsets this selling and keeps pushing the markets forward.
Astrologically Rahu represents foreigners and their activities and so when Rahu conjuncts Saturn on September 17, 2013,there could be a major trend change in this activity. Anyway it is too early to be bothered.
With this back drop we look at the wave counts, and this is how they look to me. February 08/11 could be an important turning date. Minor wave 3 could terminate and wave 4 could begin....