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Sunday, October 12, 2014

Nifty Astro Technicals October 13 to 17, 2014

It had been wild since September 26, 2014. But then we had been expecting such high volatility from an astro perspective. This week we may start seeing the beginning of the end.But it ain`t over yet.
Let me explain, what I meant...
 
I had been pointing out the destabilising effect of Rahu when the faster planets conjunct with him. It began with Mercury conjunct Rahu on September 16.Last week it was the turn of Sun.
If we see the chart on the left, you we see Rahu and Sun are still conjunct...Look how Mars and Moon add fuel to the fire!
Then   at 22 degrees, Venus is waiting her turn to confront Rahu. This will happen as the week progresses.Also I had pointed out last week that Sun Pluto and Venus Pluto squares are completed. So we are in the time band for a trough. Which means mid week we are in for a bottom..By the week end, Mercury retro meets his Master, Sun.That also should aid the reversal.Still a sustained reversal is some time away..Maybe we should be out of shorts by mid week and reach a wait and watch zone.
Here are the chart updates...
Maximum slippage I expect is 7835. If Nifty closes below this, then I think it is more bearish than we thought.
Or else, after some base formation, expect the next upmove to 7956 levels, after some resistance at 7920 or thereabouts. This is just a forecast..not a prediction. So be absolutely sure to commit money, only if you see the market moving as per the expectation..In such volatilie period. stop loss is a must..

3 comments:

Unknown said...

namaskar sureshji,
i am a regular follower of your analysis on nifty and the effect of planetary positions on nifty and i should congratulate you for the effort taken by you to post such an accurate analysis.
may god give you good health and prosper your life.

thanking you,

regards
naveen

PANKAJ SHAH said...

before making top at 8180 previous major bottoms were 7422 & 7540
up move from 7422 to 8180 = 758 points
fall from 8180 to 7796 = 384 points , 50% of rise of 758 points
up move from 7540 to 8180 = 640 points
fall from 8180 to 7796 = 384 points ,60% of rise of 640 points

Tekkiesuresh said...

Thank you Naveen for your comments.All Grace is from God and all Praise is for God.