Nifty Astro Technicals July 16 to 20, 2012

We had quite an interesting week where Nifty fell through its impulsive upward trend line bringing down the expectation of much bigger, immediate moves. With the downward piercing of the 0-2 line, it is more or less certain that 5348.55 high of July 10, 2012, is the culmination of 3 of C. Wave 3 began at 5125.45. It has so far moved up 223 points   to 5348.55, as on July 10.The reaction so far till July 13 has consumed 130.75 points by forming a low of 5217.80.This represents a pullback of 58.63% which is close to 61.8% That the wave 4 reaction has come down as much as 58.63% as against the customary 38.2% seen in a good upward impulse, is a pointer that the upward move is losing considerable steam. Wave 5 might have started and might conclude at 5379 now, the point at which Nifty had formed an island reversal, some months earlier. Wave 5 would then appear truncated as compared to the other impulses and gain credence to a good downward move, after topping out.

In the near term, Astro conditions also favour a small up move. In fact the planetary energies are quite heavy this week and suggest a lot of up and down whipsaws. Let us remember to place tight stop losses.

Here is a calendar representation of the interpretations given below ( Please zoom and view):

 10 July represents the 13^th day after Saturn turning direct. The orb is of a maximum of 13 days and so may be the reversal of July 10, 2012, is of cycle significance. Of course since Lunar nodes turned direct and Mars had a trine with Rahu and Ketu, in our previous post we had given more weight-age to going short on July 11^th. Saturn merely adds more strength to that postulation. Of course our immediate interest is to know whether the down trend continues into the coming week of July 16 to 20, or not.

·         11 July 16.48 hrs Natal Neptune trine transit Jupiter. Effect starts from 06 July and ends on July 21, Saturday at 23.31 hrs. This could make the markets bullish in the time zone July 16 to 19.

·         12 July 2012 Cardinal Mars starts a trine with Jupiter. .Mars in Cardinal sign, when we use Zero Ayanamsa, by itself is not very good news for Bulls. So this waxing trine is not very strong. Generally this signature resolves in the direction of the primary trend. Primary trend, after bottoming out in December 2011, is in the process of tentative and long drawn out reversal. Since the reversal is tentative, Nifty is carving out a pattern of a contracting triangle. At best this could contribute to a up move on July 16, but is unlikely to sustain. Conversely, it may also give “sell on rises” opportunities.

·         12 July 23.55 hrs: Transiting Venus opposite Natal Pluto. Comes within one degree by 10 July 2012, 19.25 hrs. This is a Nifty specific signature and most often crests form within 2 days of the formation.

·         13 July 2012 Sun begins to square Saturn. After Sun opposition to Saturn, the second most important aspect formation is the Sun waning Square to Saturn. This most often gives a positive trading cycle within three or four days. Sharp reversals are seen closer to this cycle. The first trading day of this square happens to be July 16.

13 July 2012:12.27.51 Transiting Moon sextile Natal Mercury.

14 July 2012: 07.07.28 hrs: Saturday: Transiting Moon conjunct Natal Saturn.

14 July 2012: 10.15.56 hrs Transiting Moon conjunct Natal Jupiter.

14 July 2012:08.22.19 Transiting Moon sextile Natal Rahu, trine Ketu.

·         Uranus turns Retrograde: This is another powerful but erratic signature which generally unfolds between 4 to 11 trading days .In effect we may expect this signature to exert it`s influence between 19 and 27 July. Since 27 July is a central time band for Mercury Retrograde, it is quite possible that July 26 or 27 could mark a good reversal.

15 July 2012 06.57.51: Transiting Moon trine Natal Neptune.

·         15 July 2012 07.45.24 hrs Mercury turns retrograde in Leo: Mercury will become direct at 11.09.55 hrs on August 08, 2012, Wednesday, at 97:29:02, in the star of Pooyam. During Mercury retrograde periods, markets generally reverse before reaching their support or resistance points. The strategy should be to book profits sooner than normal. There are 19 trading days between July 16 and August 08. The central time band falls on July 26/27.Nifty Futures had risen to 5348 by July 10^th and has reversed so far till July 13^th.If the reversal continues into the next week then we may expect a low to form and prices to rise from there. On the other hand if prices rise from hereon then a crest could form next week and prices would begin to decline. Our endeavor of course is to find what is more probable.

15July 2012 09.44 hrs Sunday Sun square Saturn.

·         15 July 14.54 hrs: Transiting Mars in a waning trine to Natal Neptune till 19th July 04.21 hrs. Another Nifty specific signature. Correlates well with troughs within 5 to 11 days. In other words, expect prices to decline towards the end of next week (July 20) from which a good rise may be expected.

·         16/17 July 2012: Transiting Sun starts opposing Natal Ketu: Exact on 17 July 17.10.00 hrs. Rahu will be conjunct Sun then. Effect continues on 18 July also. Since July 16/ 17 is also lunar reversal dates, this strongly suggests a crest formation and declines thereafter.

17 July 2012 18.09.05 hrs. Mars waxing trine Jupiter

17 July 2012 Uranus begins a sextile with Jupiter. Will be exact on July 22, 09. 35 a.m.

·         18 July 2012 01.56.05 hrs Cardinal Mars waning square Pluto. Contrary to popular belief, this waning square this is not a long term aspect, but more of a trader`s aspect. We may expect trough formation within 4 to 8 trading days of this aspect. More of a 200 point game. Effective dates July 23-24.

18 July 2012; Transiting Venus opposition with Natal Pluto is over.

·         19 July 2012 08.25.05 hrs. Cardinal Mars opposite Uranus. This is a granddaddy of an aspect. It can be powerful and occasionally nothing might happen as well! When something happens usually it is a big reversal. Effects manifest within 4 to 11 trading days. Most often markets decline into troughs from which there will be significant rises. The trough formation could be any day between July 23 to 31.

Transiting Sun and transiting Moon begin to square Natal Moon. Transiting Moon will be exactly square at 12.34.47 hrs.

·         19 July also happens to be a New Moon. As per KP, Moon is in Taurus on July 16, in Gemini on July 17 and 18, in Cancer on 19 and in Leo on July 20.Sun in Cancer reduces volatility. By July 20, Sun would move into Pooyam, which is a Saturn star. It could then contribute to more bearishness. May be this factor could act as a cushion to some of those potentially dangerous aspects developing between the larger planets. Nodes begin their natural retrograde motion on July 15, 2012 and remain retrograde till July 26, 2012.Please note as per Western Astrology, Sun enters Leo by July 23, releasing huge volatility into the markets.

·         20 July 2012; 21.39.21 hrs: Transiting Sun exact square Natal Moon. 20 July 20, 2012 07.37.41 hrs Moon trine Uranus. 20 July 2012 08.42 11 hrs Moon sextile Mars. When Sun squares Natal Moon, governmental action affecting the balance and equilibrium of the markets is the result and this is specific to our markets. When transiting Moon trines and sextiles Uranus and Mars respectively, an element of aggressive movement is introduced. So look to see if there is a sudden down move or drop in prices around July 20 and 23.

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·         21 July 2012: Saturday: Transiting Saturn begins to form a square with Natal Rahu and Ketu. Saturn is also about to change signs, from Virgo to Libra.. Effect may be felt on 20 July itself. Will be exact on 21 August 2012, 13.15 hrs.

21 July 2012:06.19.53: Transiting Moon opposes Natal Uranus. At 23.31 hrs, Transiting Jupiter trine Natal Neptune ends.

All factors point out to a top formation and declining prices from July 20 onwards. Nifty could improve during the next few days up to July 18. Thereafter volatile price swings could be experienced and then negative trend from July 20 is what the astro picture seems to indicate.

Let us see what the cycles indicate:

So, we are not out of the woods yet. Stimulating an  economy burdened with immense debts or having weak leaders who cannot take bold policy measures, and relying on only monetary measures- is not to the liking of Uranus or Pluto.These two power house planets are going to square six more times before the end of 2015.With a Sayana Saturn plodding slowly into October 2012, where it will enter Scorpio and be in a mutual reception status, that is where the  all these profligacy will hit home.

But then, for traders, there are profits to be made.As usual, my sincere request is to  follow the price and only use the astro information as a navigational aid.With planetary energies becoming denser due to several aspects as cross purposes, whipsaws will occur.Retrograde period of Mercury and Uranus are fraught with human errors leading to losses.Especially from malfunctioning electronic equipment including lap tops and mobile phones.
If I have not responded for technical queries asked by some of you, it is only because of lack of time. My apologies.I shall address all pending queries before EOW.   

Take extra care!

Have a great week of trading!