Thursday, December 4, 2014

Hi friends,
Thank you for the mails you all have sent asking to be included in the blog reading list. I shall do the needful. As mentioned earlier, this blog shall be public till December 09, 2014 and thereafter it would become closed.
I intend to continue with my articles on Astro and Technicals, only difference it shall be available only to a select few who are members of this blog.

Meantime, here is an update on Nifty hourly and 5 min.
Please refer the hourly chart posted on November 24, 2014, in the following link.

I have reproduced an update of the very same chart here...

On Nov 24 itself, we had expected a double top around 8600+. Nifty subsequently went up to 8613 before retreating.A similar up move of e leg coming closer to 8600 could happen, before wave a of 2nd abbc comes to an end.After that a faster retracement, breaking the b-d line at around 8500 could be the confirmation that wave b downward has commenced, in the 2nd-abc series.
Please see the 5 min chart for elaborate wave counts...

Astrologically, the next big event is Jupiter is turning retrograde on December 09, 2014.After that it is the Uranus Pluto square on December 15th, 2014.Both these events normally match and join hands in producing a top formation. So get ready to sell off expensive stocks and the index, next week onwards.


  1. Hello

    I had posted a comment but there was no response from your side so I am posting again.

    The SEBI registration requirements are not applicable in case of:
    (i) comments on general trends in the securities market;
    (ii) discussions on the broad-based indices;
    (iii) commentaries on economic, political or market conditions;

    Download this document from

    1. My apologies, KPL Sir. I did not see it before now. I shall look into the document and act appropriately.
      Thank you for this information.

  2. On a different note, there is a limit of 100 readers for a private blog.

    1. If there is no issue with the posts, then I do not wish to make it into a closed forum!