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Sunday, July 7, 2013

Nifty Astro Technicals July 08-12, 2013

With several technical and astro aspects crowding in, we are in for quite an interesting time trading wise for the rest of July 2013.
Let us look at the technicals first...

Corrective wave A had taken 49 trading days. Wave B has so far taken 61 trading days. Currently we are in the upward c leg  of wave B.
Nifty had reached 5897 levels, which represent 50% retracement, promptly reacted and is now testing those levels again. If it crosses this level on Monday, July 08, then it should quickly reach 5975 levels which represent 61.8% retracement. Nifty is likely to find big resistance here.
Timewise 68 trading days represent 1.38 times 49, the number of days taken by wave A.This falls on July 17. This is a time zone to watch out in the medium term.  

If we look at the interplay between 9 and 30 day RSI in daily and weekly time frames, we find that 9 RSI has crossed the 30 RSI upwards in the daily and in the weekly, it is yet to do so.So we expect continuation of bullishness but with caution.Things could turn any time.
Here is a chart on Gann Angles of Nifty 30 Min..
So technically we are bullish, but are more like the proverbial cat which is expecting a half brick thrown at it..extremely vigilant...
Now, let us see what our Astro Indicators say...

Nifty should improve for the first two days. 09th July after 11 am, we may see a change in the up trend.By weekend, a short term negative trend may be visible.
Let us check out our retro and sookshma charts..

As mentioned in the chart, the mip period of Mercury retrograde, often produce a reversal of short term trend. So July 9th could be a crest day.


As expected, after forming a low in Jupiter Sookshma, Nifty is moving up. We may expect a crest formation in Saturn Sookshma.

Putting everything together, we may expect, Nifty to move up from these levels, for a couple of days, and then go sideways for a day before and then start coming down..
Remember Kala Sarpa? The moves could be lightning quick, up or down?
Stop loss and waiting for Nifty to confirm its direction is a must.

Happy Trading!

16 comments:

  1. Dear Mr. Suresh,

    Thank you for providing your unique perspective on this blog. My question is that if Saturn becomes direct from 8th Jul, isn't there a possibility of this uptrend ending there itself? The events on friday also support the same (Especially the Dollar Index rise, which could significantly impact the rupee). Also, in your previous post, I had read that every time saturn becomes direct, a significant low is formed within 5 days of it doing so. Is my understanding correct? Request you to please clarify. Thank You.

    Regards,
    Prashant

    ReplyDelete
    Replies
    1. Dear Prashant,
      Saturn turning retrograde and direct is a long term effect. It signifies a reversal of trend that is all. If the market is moving up, then you find a crest formation. If it is moving down you find a trough formation.Again, we have an orb effect involved. Which means we see the effect after a few days. In this case we had seen a 5 day effect seems to be in vogue. In Financial Astrology, we do not go by any singular event. We need at least three events to solidify a surmise or expectation.Remember we are in Mercury retrograde period. Today`s turn has been because of the several effects which I has listed out.. See the chart and my notations for July 08. While I expected this down turn, I had also expected Nifty to recover more fully at least to be a flat day. Coming back to Saturn direct station, we also observe Saturn is in a trine with Jupiter and with Neptune. This also may pull up the markets. So Saturn direct crest effect could happen post July 17. Between July 08 and 17 there are only 8 trading days.To further clarify, today`s fall is attributed to other astro factors and is a very short term affair.The direct effect of Saturn could come after the triple trine positivity. In fact on July 22, we see the triple trine being triggered by Mars conjuncting Jupiter and Mercury turning direct.

      Warm Regards


      Suresh

      Delete
    2. Thanks for the explanation sir. As per your explanation, I can infer that the trend would be up until July 17th due to the trine positivity (Saturn, Jupiter and Neptune) after which there could be a crest formation due to Direct Saturn. However, as per the last line which says that there would be one more trine forming on July 22 (Mars, Jupiter and Mercury) which means some more upside? Request you to please clarify. Apologise for bothering you with repeated queries. It is just that I am trying my best to understand your writings completely.

      Delete
  2. hello
    this is first time i m here i must say it is wonderfull !! please can u add your opinion on the s.n.p. 500 with astrology and gann tnk u verry much best regards roni

    ReplyDelete
    Replies
    1. Thank you Ron for visiting this blog. I shall post an S&P Chart with some astro aspects, tomorrow.

      Warm Regards


      Suresh

      Delete
  3. also please explain what is jupiter Sookshma and why jupiter went down there >? i know it gives Freedom from disappointments,and financial gain,
    tnx

    ReplyDelete
    Replies
    1. Hi Ron,

      Financial Astrology works on different principles. There are 249 constellations represented across the 12 zodiacal signs. So each constellation or simply called as star is 3 degrees and 20 minutes. When a special point in time is focussed on, like the birth of an Index ( the first trading moment) Moon would be in some star right? It would have passed some portion of a constellation? The balance portion is calculated. Entire time zone is divided into several time periods allocated to each of the planet.So Sun gets 06, Moon get 10 , Jupiter gets 16 and so on. All the time periods add up to 120.This is called Dasa period. We can sub divide and further sub divide each of the dasa periods in the same stellar proportions. One of the least sub division is called a Sookshma. I know you may find this a little difficult to follow, but if you stick on with some examples which I shall show in later posts, you will get a hang on. Based on relative alignments with other planets in a chart, a planet becomes good or bad. Now for Nifty, Jupiter has a peculiar relationship.In Nifty futures chart, it is conjunct with Saturn and jupiter tends to exhibit Saturnian nature of control and lack of expansion.

      Warm Regards


      Suresh

      Delete
  4. I see your wonderfull analysis with astro .This is very usefull to follow all keep it up.i would like to know which astro software using for this analysis( with neptune ,uran, plut)

    regards,
    A.P. KRISHNAMURTHI

    ReplyDelete
    Replies
    1. Dear Krishnamurthiji,
      The software is KP StarOne. You may google it.

      Warm Regards


      Suresh

      Delete
  5. tnk u Suresh
    u make good work i m specialist in western astrology and more but vedic astrology knows a bit. ll learn your explanation and ll watch every week this blog .also happy to learn more from u . by the way i saw the chart of gann angles on investing.com graph is this ganner24 software ? i use this site a lot but never saw that kind of gann in it ..tnk u again best regards roni

    ReplyDelete
    Replies
    1. Hi Ron,
      Yes it is Gunner24. It is mentioned in the top left corner of the chart itself.Nice to know you are a Western Astrology specialist. I use quite a lot of concepts from Western Astrology as well. Your comments and value adds are most welcome.

      Warm Regards


      Suresh

      Delete

  6. i like your content writing and your blog info very creative........nifty intraday tips stock tips for tomorrow

    ReplyDelete
  7. Suresh
    hi
    i send u a personal messege on facebook

    ReplyDelete
  8. hi Suresh
    please tell me how can i connect investing.com to gunner24 i didnt find the datafeed need help with that tnx roni

    ReplyDelete
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