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Friday, March 22, 2013

Astro Technicals for March 22 2013

Nifty decided to do the bounce and breaking down to newer lows, on the same day itself.Wave e is defining itself.With Jupiter and Saturn getting into a negative 150 degree position and Mars approaching Uranus for a conjunction, it is advantage bears for now.
What will be the effect of a Sun conjunct exalted Venus? It should be interesting to see.


In this 5 hourly chart, see how Nifty pulled back to the violated Gann angle line and then fell again? The 25% line also has been breached..so sooner or later we should see the testing of 5548.Our strategy of sell on rise continues.

1 comment:

NEVER GIVE UP said...

Good Morning Suresh Ji & Thanks A Lot For Your Guidence.