We recall the major aspects and Astro actions of the past month to take a holistic view of Nifty`s movements.
1. January 16, 2013: Rahu enters Libra
2. January 17 2013: Venus conjunct Pluto and square Uranus
As expected in 7/8 trading days, Nifty topped out at 6111.80 on January 29, 2013
3. Jupiter turns direct on January 30 2013. Nifty had topped out just a day prior.
The next major medium term impact aspect is Saturn turning retrograde on February 18; 2013.As discussed in the previous posts, Nifty generally rises into the phenomena before turning down again after the event.
Let us not forget that Jupiter is still in Taurus. So I do not expect an intermediate down trend to commence. Rather after a shake out of weak hands, Nifty should make one more attempt towards 6000 or 6100.We will shortly see how the waves account for such an observation.
For the current week, between February 11 to 15, Moon is travelling in the houses of Aquarius, Pisces and Aries.
Historically, Nifty hits a high, when Moon is in Pisces, especially when she is the phase between New Moon and First Quarter.
So, this then is the Astro expectation:
February 11 is a high impact day, with several lunar signatures coming up. New Moon effect, Moon in Max Latitude, and Saturn getting into extreme declination. Moreover we have other signatures all adding up:
Saturn Venus square
Sun square Rahu/Ketu axis
Mars square Jupiter
Mars and Mercury conjunction
So Nifty could decline some more, possibly to 5800+ levels and then bounce to 6000 or 6100 by February 14/ 15. But then with Saturn retrograde looming in, this will again get sold taking Nifty down below 5700 possibly. But this is expected to happen only after Saturn becomes retrograde, post Feb 18, 2013.
Continuing bearishness has changed the counts a bit and they are being
presented here, afresh.
Conclusion: Short term trend is down, both with Astro and Technical understanding. One more bounce could be expected. A major down trend does not appear to be on the cards, since Jupiter is still in Taurus.Saturn retrograde may coincide with the abc corrections currently going on.