tag:blogger.com,1999:blog-257631311401910177.post1726168657701119039..comments2023-12-10T22:04:44.154+05:30Comments on Astro Technicals: Astro Technicals for May 20 to 24- The astro partTekkiesureshhttp://www.blogger.com/profile/08106744355706900668noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-257631311401910177.post-43922486779375381342013-05-20T12:09:03.207+05:302013-05-20T12:09:03.207+05:30i appriciate by your blog post.your content writin...i appriciate by your blog post.your content writing is too good thanks for share this........<b><a href="http://www.moneymakerfinancial.com/" rel="nofollow">equity market tips</a></b><br /><br />20/05/2013 Monday Share market intraday tips & stock market NSE BSE are bullish & more market updates visit here <a href="http://sharemarketintradaytips.blogspot.in/2013/05/20052013-monday-share-market-intraday.html" rel="nofollow">share market nse bse</a> &<br /><b><a href="http://sharemarketintradaytips.blogspot.in/" rel="nofollow">free online tips</a></b> Anonymoushttps://www.blogger.com/profile/15200561800339525424noreply@blogger.comtag:blogger.com,1999:blog-257631311401910177.post-56062031915978244692013-05-20T06:52:46.504+05:302013-05-20T06:52:46.504+05:30Thanks.
RegardsThanks.<br />RegardsAnonymoushttps://www.blogger.com/profile/03109868405956324903noreply@blogger.comtag:blogger.com,1999:blog-257631311401910177.post-17608652753460543222013-05-19T23:45:27.013+05:302013-05-19T23:45:27.013+05:30Dear Anand kumar,
Thank you for your valuable comm...Dear Anand kumar,<br />Thank you for your valuable comments. I request you to have a look at.<br />http://niftyastrotechnicals.blogspot.in/2013/05/astro-technicals-wave-picture-for-may.html<br />The gist is as follows:<br />“…As per NEoWave if the correction from 6111.80 has to be a flat, then it has to form a 3-3-5 structure. Wave A down, from 6111.80 has exhibited a 3 wave down formation.<br />• So by the same logic, what we are seeing in wave B so far, in the retracement from 5477 upwards is just wave a of B.<br />• We do not yet know if wave a of B is completed. But the risk reward ratio is tilting towards shorts, after 20 days of up move. Traders also realise this, which is reflecting in the reduced volumes.<br />• We still have to see wave b of B downwards and Wave c of B upwards.<br />• And this has to take time to complete- approximately a minimum of 30 more trading days.<br />• Any which way we look at the situation, we are seeing a Wave B which is going to be stronger than wave A.<br />• If the completed wave B terminates between 6112 and 6262, then also the consequent wave C has a good chance to go down to 5477 levels in a 5 wave impulse down.<br />• If the completed wave B exceeds 6336-6354, then wave C down, will not go beyond 5796. In that case we will be looking at an Irregular flat with C wave failure, which will be very bullish for the next development.<br />• If wave B terminates at these levels itself, that is wave b of B retraces to 5750 levels and then again wave c of B comes up to 6200 and then falls off, we can see the resultant wave C going beyond 5477 in a 5 way down move. ..”<br />I feel the FIIs have a big say in what sort of B is about to form. <br />An important statistics from Economic Times:<br />“Economic Times May 16, 2013: Foreign investors have raised their shareholding in BSE 500 stocks to the highest level in the last five years during the quarter ended March 31.<br /><br />Foreign institutional investors, or FIIs, have raised their shareholding in the BSE 500 companies that make up nearly 93 per cent of the total market capitalization on BSE and all 20 major industries of the economy.<br /><br />According to the quarterly analysis on BSE 500 companies shareholdings for the quarter ended March - 2013 by Emkay Research, FIIs holding in BSE500 companies rose to 22.2 per cent, the highest in at least 21 quarters during quarter ended March 13…”<br />This global liquidity has the potential to push Nifty into the 6300s and 6400s. If so then B wave would become quite big and your scenario of 1.382 would unfold.<br />If on the other hand Ben decides to stem the liquidity flow, or if our leaders do something really stupid, enough to annoy the FIIs then B could terminate within the next 100 points and start a severe C down.<br />As things stand, the up move is intact.<br />Tekkiesureshhttps://www.blogger.com/profile/08106744355706900668noreply@blogger.comtag:blogger.com,1999:blog-257631311401910177.post-50616961275315540652013-05-19T22:15:03.844+05:302013-05-19T22:15:03.844+05:30In nifty is very strong then it can even go to 1.3...In nifty is very strong then it can even go to 1.382 i.e at 6355 which will be double top.<br />RegardsAnonymoushttps://www.blogger.com/profile/03109868405956324903noreply@blogger.comtag:blogger.com,1999:blog-257631311401910177.post-62538263495171742942013-05-19T22:11:56.987+05:302013-05-19T22:11:56.987+05:30Dear Mr. Suresh,
Great and excellent work. keep it...Dear Mr. Suresh,<br />Great and excellent work. keep it up.<br />As having no knowledge on astro, I have no views on your detailed research, but can understand where nifty will move depending on time.<br />As per ABC pattern:<br />Nifty top was made at 6112, A at 5477 and since nifty has surpassed 6112, B can either be at 1.17 or 1.236 i.e at 6220 or 6260-80, respectively.<br />Lastly C should end in the range of 5230 to 5530.<br />Regards<br />Anonymoushttps://www.blogger.com/profile/03109868405956324903noreply@blogger.com