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Friday, November 30, 2012

Nifty Astro Technicals Moon Phases Ahead


Nifty Monthly Fibo Levels- Nov 2012


5919 is another important point to watch out for....

Nifty Astro Technicals for Nov 30- Long Term


When Wave C  of ( which is in progress right now) from June 04, 2012, reaches 5869, it will achieve equality with Wave A of D , which had started from December 20, 2011.On December 28, we would have travelled twice the time in Wave C than what we took for Wave B.

Nifty Astro Technicals for November 30, 2012

In a swift development over two days, Nifty just took off....into fifth wave of the fourth. As we see the modified structure now,G wave  went through a failure, as it looks now and we are on to the final impulse wave of this ABC formation from December 20, 2011.
On November 20, 2012, Nifty made a bottom of 5549 and then rallied 89 points as the first leg of wave 05. That was 89 points. The current rise from November 23, is  the third wave and it has risen 194 points so far, from 5636.2.618 times 89 is 233. This corresponds to 5869. This is the first level to watch.

Monday, November 26, 2012

Nifty Astro Technicals for Nov 26 to 30- Wave Counts


We have probably completed Wave E of Diametric ABCDEFG as part of 4th wave progress in Nifty.It also appears that a and b sub waves of F are also completed and we now expect an immediate leg up of wave c of F.As wave 4 of Wave C of larger Diametric D has so far consumed 33 days both wave F and wave G are likely to hurry to complete the rather tiresome wave 4.   




Sunday, November 25, 2012

Nifty supports and resistances Nov 23, 2012

We are at  quite an inflexion point with respect to Nifty.On the one hand we have several global factors which look shaky. Our domestic economy is not doing too well either.On the other hand we have quite a lot of liquidity sloshing around which is keeping the Indices from correcting heavily. Let us look at some Fibo levels and Gann angles to see whether we can get some understanding...







Seeing all three charts together,the Fibo and Gann supports seem to be at 5500 to 5530 range, with 5512-5515 being specifically important.

Now for the Resistances....



As per the two charts above, we are seeing a seeming resistance level around 5690. As per Gann`s time and price squaring technique, the resistance for a 180 degree addition of the 5548 low  comes to 5698.So this could be the possible  immediate upside.
Let us hope Nifty agrees with us on these projections this week!

Nifty Astro Analysis Nov 26 to 30, 2012



The declinations also point out to a probable   reversal from November 29 onwards.November 28, being Guru Nanak Jayanthi and a holiday, has reduced the possibility of markets being open when positive Sun was ruling.November 29th, is a day ruled by negative Moon. Rahu and Ketu which are direct from November 21, onwards, will get back to their customary retrograde motions from November 27th onwards.This is also another sign of reversal.Since Moon is in Venus on Nov 26th  and then in Sun on Nov 27th, we may see some upsides these two days.My feeling is we use whatever upsides we get on November 26th and 27th to get out out of long positions and short Nifty.Of course only when price moves in the direction we expect.Planetary positions and declinations both point out to declines ahead.
Lunar negative period ends on December 03rd. Possibly Wave 4 should terminate on December 03rd.
So our take is some positive in the beginning of the week and then negative for rest of the week.
We will look at wave counts and Nifty levels in a subsequent post.
As usual, whatever we project here are conjectures. Price movement alone is  supreme. Let us not anticipate before committing our money into market positions.

Wednesday, November 21, 2012

Nifty Astro Technicals for Nov 22, 2012-60 Min Chart


Nifty Astro Technicals for Nov 21, 2012



The current wave b can inside the second x combination can take one more fold down, in which case the final minor wave c could go down more than indicated.

Saturday, November 17, 2012

Nifty Astro Technicals Nov 19 to 23, 2012


I thought it would be interesting to compare how our expectations of last week have fared.
Date
Declinations
Aspects
First Remarks
Follow through
Nov 13
( Tue)
Muhurat Trading at 16.45

Moon is in Jupiter star- in the subs of Jupiter, Saturn and Mercury. Jupiter QC with Moon.
Muhurat should be the continuation of Monday-two way moves but with a positive bias.
Market actually moved down marginally.
Our new understanding: When Moon is in Jupiter star, when Jupiter is retrograde, if Moon forms an unfavourable angle with Jupiter, the results will be unfavourable.
Nov 14
( Wed)
Market Holiday
Super New Moon at 03:39 am. Moon perigee at 15:48.Latitude crosses Celestial Equator.
Total Solar Eclipse starts at 1.08 am with the central portion around 03.38 am.
TSE happens in Libra, and Venus, the sign lord is pretty debilitated. During the critical phase of the Eclipse, Sun and Moon will be in Jupiter star, in the sub of Venus.

After several negative points pointed out, my conclusion was wrong. I have highlighted the negatives, which were recorded in red. So this was plainly my mistake. Sorry folks!
Nov 15
(Thursday)
Declination bottoms out at 21:33 hours. Nodes are unusually direct from Nov 15 to 18.
Moon in Mercury star, where Mercury is retrograde and is in Saturn star. Moon squares Jupiter. Retro Mercury square Neptune direct. Mercury is close to Rahu-Ketu axis.
The slow up move seen from Monday may continue.
Nov 16
(Friday)
Growth period ending.
Moon in Ketu star, along with Mars. So Moon conjunct Mars. Sun moves into Scorpio.
Positive, but the growth period is ending. So expect reversal from top. Maybe good place to short the market…
This one was spot on. Hope our friends had shorted the market and made some money!






































  



This week we are entering a very volatile period astrologically.
By November 26, Moon will trigger the Mars Pluto conjunction. Pluto as we know is square to Uranus. Mercury becomes direct on November 27, 2012. And by December 03, we have the all-important Jupiter Sun opposition. Throw in a Venus Saturn Conjunction In Libra and we have a virtual cauldron of high steam celestial interactions. Market movements could be exaggerated. It is a great time for trading and a bad time for investing. 


Date
Declinations
Aspects
Remarks
Nov 17
(Saturday)
Mercury at extreme declination. Distance and declination intersection. Neptune and Saturn continue to inch closer towards declination conjunction in December.
Moon irritates the Uranus- Pluto square. Venus enters Libra. Sun conjunct Rahu- opp Ketu. Sun square Neptune along-with Rahu.

Nov 18
(Sunday)
Start of retardation period. Mars at extreme declination.


Nov 19
(Monday)
Retardation period continues. Nodes become usual retrograde. Mars at extreme declination.
Moon in Moon star. Trine with Jupiter. Mercury retrograde re-enters into Libra at 5 am.
Market may be weak
Nov 20                 ( Tuesday)
Retardation period continues. Moon reaches Maximum Latitude at 15.17 hrs.. Moon close to Celestial Equator. Mars at extreme declination. First Quarter Moon day
Moon in Mars Star. Mars in stellar exchange with Venus. Mars in the midpoint of Saturn and Neptune. Mars beginning to square Uranus. Saturn QC Uranus..
Positive.
Nov 21                   (Wednesday)
Continuation effect. Mars at extreme declination.
Moon in Rahu star. Rahu still conjunct Sun. So will act for Sun. Sun squares Neptune. Sun is in the mid-point of Venus and Mars. Moon also trines Saturn. Neptune trines Venus
Expected to be positive. Two way movements?
Nov 22
 (Thursday)
Reversal in Retardation. Moon`s declination crosses Celestial Equator. Mars at extreme declination.
Moon in Jupiter star. Initially in Mercury sub. Then moves into Ketu, Venus and Sun subs. Moon trines Mercury.
Weakness early on, and then positive movement expected.
Nov 23
( Friday)
Reversal in Retardation Mars at extreme declination.
Moon in Saturn star Moon conjunct Uranus. Mars square Uranus closer to the market close. After 14.58 Moon will be in Saturn star, Moon sub..
Positive early on, and may peak at around 3 pm and then reverse.
Nov 24 
(Saturday)
Reversal in Retardation Mars at extreme declination.


Nov 25 
(Sunday)
Retardation continues


Nov 26 
(Monday)

Moon in Venus star. Venus opposes Moon. Moon also triggers the Mars Pluto conjunction. Moon opposes Saturn. Venus and Saturn are approaching conjunction.
Should be Negative.


Please consider the above tabulation in tandem with the wave charts given below. As per Neo Wave we have one up leg F and then one down leg G.Only then we expect wave 4 to be completed.   



































Wave Analysis:
Previous week`s remarks:
We had expected reversals on Nov 08 and 09 last week and Nifty promptly turned from 5777 to 5678, the area where we had expected Nifty to settle down. In the process, Nifty had broken the 2-4 upward trend line convincingly. At 5666, Nifty had retraced 57.17% of the up move from 5583.Since it has retraced so much from the top, we conclude that the correction is not over in Wave 4. Currently we are in minor wave E.      It has already completed three smaller waves a,,b and c. Since we expect there is some more time correction left in    wave E, we look to one more set of complex correction a, b and c connected by a missing x wave. This means correction may consume the rest of November as well...
The Scenario Now:
Wave 4 is increasing in complication.With Moon Retardation period continuing through out November, we expect the market to complete its E leg and start on Wave F upwards and G downwards finally completing the 4th wave correction. 






Have a great week of trading. As usual let us wait for the price to tell us where it is going. The conditions are too volatile to risk trading without stop losses.





Tuesday, November 13, 2012

Nifty Channeling of Zig Zag

As per Neo Wave,the current correction from 5777 is a Zig Zag for the following reasons.
1. Wave a has retraced only 36% of the previous impulse  from 5583.05. That is wave a has retraced only 71 points of the previous impulse of 194.25 points.
2.Wave b has retraced more than 1% of wave a. In fact wave b has retraced 50% of wave a.So no part of wave b has retraced more than 61.8% of wave a.
3.Wave c must move at least slightly beyond wave a.In fact wave c has moved 74 points downward, which is significantly beyond the end of wave a.
Now the Zig Zag is within a channel.It has not touched the lower trend line yet. If it does so and the bounces, we may say with some confidence that wave c is over and wave x has taken over.Wave x also cannot go more than 5728.
On the other hand, if Nifty improves strongly from c then we may consider that c point is E and the correction has ended.
But our Astro indicators are hinting at the correction continuing for some more time.Which means we may expect a small bounce as x wave and then an abc correction as indicated in the previous blog post.

On the intermediate term daily chart we may see Nifty taking support on the 1X2 Gann Angle line.







Monday, November 12, 2012

Nifty Astro Technicals Nov 12, 2012


We had expected reversals on Nov 08 and 09 last week and Nifty promptly turned from 5777 to 5678, the area where we had expected Nifty to settle down. In the process, Nifty had broken the 2-4 upward trend line convincingly. At 5666, Nifty had retraced 57.17% of the up move from 5583.Since it has retraced so much from the top, we conclude that the correction is not over in Wave 4. Currently we are in minor wave E.      It has already completed three smaller waves a,,b and c. Since we expect there is some more time correction left in    wave E, we look to one more set of complex correction a, b and c connected by a missing x wave. This means correction may consume the rest of November as well...





Date
Declinations
Aspects
Remarks
Nov 12
( Mon)
Latitude intersects Distance on Nov 11th.Latitude intersects declination.
Moon is in Mars star and moves through the subs of Mercury, Ketu, Venus, Sun and Moon. Mars and Moon are sextile. Rahu is in the midpoint of Moon and Mars. Moon is in trine with Neptune, which has turned direct.

Nov 13
( Tue)
Muhurat Trading at 16.45

Moon is in Jupiter star- in the subs of Jupiter, Saturn and Mercury. Jupiter QC with Moon.
Muhurat should be the continuation of Monday-two way moves but with a positive bias.
Nov 14
( Wed)
Market Holiday
Super New Moon at 03:39 am. Moon perigee at 15:48.Latitude crosses Celestial Equator.
Total Solar Eclipse starts at 1.08 am with the central portion around 03.38 am.
TSE happens in Libra, and Venus, the sign lord is pretty debilitated. During the critical phase of the Eclipse, Sun and Moon will be in Jupiter star, in the sub of Venus.

Nov 15
(Thursday)
Declination bottoms out at 21:33 hours. Nodes are unusually direct from Nov 15 to 18.
Moon in Mercury star, where Mercury is retrograde and is in Saturn star. Moon squares Jupiter. Retro Mercury square Neptune direct. Mercury is close to Rahu-Ketu axis.
The slow up move seen from Monday may continue.
Nov 16
(Friday)
Growth period ending.
Moon in Ketu star, along with Mars. So Moon conjunct Mars. Sun moves into Scorpio.
Positive, but the growth period is ending. So expect reversal from top. Maybe good place to short the market…
Nov 17
(Saturday)
Mercury at extreme declination. Distance and declination intersection.
Moon irritates the Uranus- Pluto square. Venus enters Libra. Sun conjunct Rahu- opp Ketu. Sun square Neptune along with Rahu.

Nov 18
(Sunday)
Start of retardation period. Mars at extreme declination.


Nov 19
(Monday)
Retardation period continues. Nodes become usual retrograde.
Moon in Moon star. Trine with Jupiter.




We have still not reached a comfortable trading zone. All indices are buffeted by too many news items from all over the world. But then this is also a phase of trading life..
So please trade carefully with stop losses always. Also whatever I have said here are mere conjectures. Let us wait to see the action unfold before we commit any money into the markets.

In the meanwhile, A wonderful and auspicious Diwali is waiting for you...!




Friday, November 9, 2012

Nifty Astro Technicals for Nov 09, 2012

We had expected a reversal on Nov 08 and Nifty did do so today on the back of weak global cues.We expect the weakness to continue tomorrow ( Nov 09, Friday) also to continue and start the bottoming out process for Wave 04.
Here is a chart of Nifty 15 min, with just the last legs marked out.



Now that the wave 4 of Wave C of the diametric D is about to be completed and wave 5 is about to begin, a look at the long term weekly chart is in order.....



It continues to be a buy on dips market and if the Nifty dips below 5700, it is a fine opportunity to buy.Since  the Lunar growth period is continuing after November 10,  the uncertainties of market will be discarded or glossed over and Nifty may move upwards.

Have a great Friday   of trading!                                                      


Thursday, November 8, 2012

Nifty Astro Technicals for Nov 08, 2012

Fibo arcs and angle lines suggest the following support levels for today and tomorrow. It is a buy-on- dips situation. Because we are in the lunar growth period markets should recover in a couple of days.
Interestingly Mercury star, when Mercury is retrograde behaved exactly opposite to its norm! Today is ruled by Ketu-transiting  Ketu conjunct to a negative natal Jupiter. Will it also lose its positive potential and behave negatively today? It should be interesting to find out. 





Wednesday, November 7, 2012

Nifty Astro Technicals November 06, 2012

We had expected Nifty to move up today and move up to 5730.80, she did.And closed at 5724.After October 08, only today, after 19 trading days, did Nifty manage to cross 5730.
Developing Wave D also crossed above Wave B ( 5721.55), in the bargain.When Wave D crossed 5721.55, it had achieved 100% equality with Wave C.
At 5726, Wave D would be achieving 61.8% retracement of the entire down-move from 5815 to the lowest point of wave 4 so far, which is 5583.05.  Technically this is an important resistance point. Since the global cues look positive, we may expect an up-move further. Any how the 138% point of 5775  ( or better still,5765 to 5775 band), could be a turning point downward.
The interesting question is, "will that be the  end of developing D wave?"
Astrologically, Wave D could peak out on November 07 and Nov 08 & 09 may see a down trend, whose bottom could possibly mark the end of wave 4. The trend-line connecting Wave 2 and the possible low point of   wave 4 assumes added importance.