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Tuesday, January 8, 2013

Astro Technicals..... Infy

Infosys, a stock which is a bell weather,has fallen from its perch in recent times. Since our friend is anxious about Infy`s results, let us have a look at Infy from a technical and Astro perspective.
Let me   caution you, I do not follow this stock.So please excuse any mistakes!
Let us see its long term primary trend first.....


As can be seen, Infy has completed its primary impulse wave in January 2011.In the monthly chart above, we can see an ending diagonal formation.With primary  corrective wave A appearing to be completed, we may expect corrective primary wave B to move up.  But once the multi month corrective up move is over, we may expect the downside C to begin and take prices lower.
Now let us look at the monthly MACD chart...


While monthly prices trended lower, we see the MACD trending upwards and causing a positive divergence.Just see what happened during the previous positive divergence in 2008-09.Infy went on a positive rise for months together.

Let us look at the daily charts...


We see a classical triangle pattern ABCDE coming to an end. A better than expected result or guidance now may form the trigger for price to cross 2405 first and then 2500 next. Even if the results are not positive, technically the stock is poised to move up. But as said earlier, once the corrective rise is completed, there could be a bigger down move.

What does Financial Astrology say?

 3 November 1994 is the day of first trade for Infy. I have the natal chart of that day and the transit chart of January 11, 2013. We see transiting Saturn conjunct with natal Sun and Venus, all in the eleventh house.Transiting  Sun in Sagittarius will be conjunct natal Uranus. Moon is in Venus star and Moon and Venus are both in the first house.
On January 11th, Infy will be undergoing Jupiter Dasa-Mercury Bhukti-Saturn Antara-Saturn Sookshma.

All these Astro indications point to improvement in stock prices for Infy.
Conclusion: Infy should move up. But please be careful. My understandings or knowledge could be faulty. Whatever positions you want to take, please do not do it out of anticipation. Let us wait for the price to tell us what it is going to do.

9 comments:

Unknown said...

I NEVER EXPECTED THIS FROM U REALLY ................ :) (i AM overwhelmed and overjoyed by seing such a quick response)
a million thanks to u and lots of friendly hugs to u i thought like all other big knoledegable people u will also show some attitude and give me big pravachan instead of such a crystal clear answer thanks a tonns i dont mind weather infy goes up or down but seing such a humanity still in todays world makes me feel ki abhi tak duniya mein achhe insan aur insaniyat baki hai have a healthy and wealthy day ahead

sometimesbullsometimesbear said...

4209211 same thoughts here. Hope more visitors visit and interact here too.

sometimesbullsometimesbear said...

http://www.blogger.com/comment.g?blogID=1149152227980228556&postID=1518297475819091701&page=1&token=1357707574444&isPopup=true

YOUSUF said...

Sir, I saw this site today from sudarshan online,sometimebullssometimebear helps to find this site,thanks friend

sir, when reading your post not undrastand fully because of iam dont know astrologicals terms, but something i got from this


do you suggest any books or sites to study astrology basics.


thank you sir keep it up, sure i will daily check your post today onwards

thanks a lot

Tekkiesuresh said...

Thank you Manoj. If it helps you Iam happy.

Warm Regards,


Suresh

Tekkiesuresh said...

Dear sometimesbullsometimesbear
Thanks a ton for your endorsement.

Warm Regards,

Suresh

Tekkiesuresh said...

Dear sometimesbullsometimesbear
You have always been a friend who takes pleasure in propagating what you like.Proud to have your viewer ship. Thanks a lot.'

Warm Regards,


Suresh

Tekkiesuresh said...

Dear YOUSUF,

Just Google, basic KP Astrology and you will get several sites which will give you some grounding. You may please contact me for any clarification. I will assist you in applying this knowledge on to the markets.Since we are only interested in the Financial application of Astrology it should be relatively easy.
If you still want to go through a detailed study, then I recommend Krishnamurthi Publications Chennai. They have a series of basic course material.Contact number is 04428496046.

Warm Regards


Suresh

YOUSUF said...

thank you sir