Nifty Astro Technicals July 16 to 20, 2012

We had quite an interesting week where Nifty fell through its impulsive upward trend line bringing down the expectation of much bigger, immediate moves. With the downward piercing of the 0-2 line, it is more or less certain that 5348.55 high of July 10, 2012, is the culmination of 3 of C. Wave 3 began at 5125.45. It has so far moved up 223 points   to 5348.55, as on July 10.The reaction so far till July 13 has consumed 130.75 points by forming a low of 5217.80.This represents a pullback of 58.63% which is close to 61.8% That the wave 4 reaction has come down as much as 58.63% as against the customary 38.2% seen in a good upward impulse, is a pointer that the upward move is losing considerable steam. Wave 5 might have started and might conclude at 5379 now, the point at which Nifty had formed an island reversal, some months earlier. Wave 5 would then appear truncated as compared to the other impulses and gain credence to a good downward move, after topping out.

In the near term, Astro conditions also favour a small up move. In fact the planetary energies are quite heavy this week and suggest a lot of up and down whipsaws. Let us remember to place tight stop losses.

Here is a calendar representation of the interpretations given below ( Please zoom and view):

 10 July represents the 13^th day after Saturn turning direct. The orb is of a maximum of 13 days and so may be the reversal of July 10, 2012, is of cycle significance. Of course since Lunar nodes turned direct and Mars had a trine with Rahu and Ketu, in our previous post we had given more weight-age to going short on July 11^th. Saturn merely adds more strength to that postulation. Of course our immediate interest is to know whether the down trend continues into the coming week of July 16 to 20, or not.

·         11 July 16.48 hrs Natal Neptune trine transit Jupiter. Effect starts from 06 July and ends on July 21, Saturday at 23.31 hrs. This could make the markets bullish in the time zone July 16 to 19.

·         12 July 2012 Cardinal Mars starts a trine with Jupiter. .Mars in Cardinal sign, when we use Zero Ayanamsa, by itself is not very good news for Bulls. So this waxing trine is not very strong. Generally this signature resolves in the direction of the primary trend. Primary trend, after bottoming out in December 2011, is in the process of tentative and long drawn out reversal. Since the reversal is tentative, Nifty is carving out a pattern of a contracting triangle. At best this could contribute to a up move on July 16, but is unlikely to sustain. Conversely, it may also give “sell on rises” opportunities.

·         12 July 23.55 hrs: Transiting Venus opposite Natal Pluto. Comes within one degree by 10 July 2012, 19.25 hrs. This is a Nifty specific signature and most often crests form within 2 days of the formation.

·         13 July 2012 Sun begins to square Saturn. After Sun opposition to Saturn, the second most important aspect formation is the Sun waning Square to Saturn. This most often gives a positive trading cycle within three or four days. Sharp reversals are seen closer to this cycle. The first trading day of this square happens to be July 16.

13 July 2012:12.27.51 Transiting Moon sextile Natal Mercury.

14 July 2012: 07.07.28 hrs: Saturday: Transiting Moon conjunct Natal Saturn.

14 July 2012: 10.15.56 hrs Transiting Moon conjunct Natal Jupiter.

14 July 2012:08.22.19 Transiting Moon sextile Natal Rahu, trine Ketu.

·         Uranus turns Retrograde: This is another powerful but erratic signature which generally unfolds between 4 to 11 trading days .In effect we may expect this signature to exert it`s influence between 19 and 27 July. Since 27 July is a central time band for Mercury Retrograde, it is quite possible that July 26 or 27 could mark a good reversal.

15 July 2012 06.57.51: Transiting Moon trine Natal Neptune.

·         15 July 2012 07.45.24 hrs Mercury turns retrograde in Leo: Mercury will become direct at 11.09.55 hrs on August 08, 2012, Wednesday, at 97:29:02, in the star of Pooyam. During Mercury retrograde periods, markets generally reverse before reaching their support or resistance points. The strategy should be to book profits sooner than normal. There are 19 trading days between July 16 and August 08. The central time band falls on July 26/27.Nifty Futures had risen to 5348 by July 10^th and has reversed so far till July 13^th.If the reversal continues into the next week then we may expect a low to form and prices to rise from there. On the other hand if prices rise from hereon then a crest could form next week and prices would begin to decline. Our endeavor of course is to find what is more probable.

15July 2012 09.44 hrs Sunday Sun square Saturn.

·         15 July 14.54 hrs: Transiting Mars in a waning trine to Natal Neptune till 19th July 04.21 hrs. Another Nifty specific signature. Correlates well with troughs within 5 to 11 days. In other words, expect prices to decline towards the end of next week (July 20) from which a good rise may be expected.

·         16/17 July 2012: Transiting Sun starts opposing Natal Ketu: Exact on 17 July 17.10.00 hrs. Rahu will be conjunct Sun then. Effect continues on 18 July also. Since July 16/ 17 is also lunar reversal dates, this strongly suggests a crest formation and declines thereafter.

17 July 2012 18.09.05 hrs. Mars waxing trine Jupiter

17 July 2012 Uranus begins a sextile with Jupiter. Will be exact on July 22, 09. 35 a.m.

·         18 July 2012 01.56.05 hrs Cardinal Mars waning square Pluto. Contrary to popular belief, this waning square this is not a long term aspect, but more of a trader`s aspect. We may expect trough formation within 4 to 8 trading days of this aspect. More of a 200 point game. Effective dates July 23-24.

18 July 2012; Transiting Venus opposition with Natal Pluto is over.

·         19 July 2012 08.25.05 hrs. Cardinal Mars opposite Uranus. This is a granddaddy of an aspect. It can be powerful and occasionally nothing might happen as well! When something happens usually it is a big reversal. Effects manifest within 4 to 11 trading days. Most often markets decline into troughs from which there will be significant rises. The trough formation could be any day between July 23 to 31.

Transiting Sun and transiting Moon begin to square Natal Moon. Transiting Moon will be exactly square at 12.34.47 hrs.

·         19 July also happens to be a New Moon. As per KP, Moon is in Taurus on July 16, in Gemini on July 17 and 18, in Cancer on 19 and in Leo on July 20.Sun in Cancer reduces volatility. By July 20, Sun would move into Pooyam, which is a Saturn star. It could then contribute to more bearishness. May be this factor could act as a cushion to some of those potentially dangerous aspects developing between the larger planets. Nodes begin their natural retrograde motion on July 15, 2012 and remain retrograde till July 26, 2012.Please note as per Western Astrology, Sun enters Leo by July 23, releasing huge volatility into the markets.

·         20 July 2012; 21.39.21 hrs: Transiting Sun exact square Natal Moon. 20 July 20, 2012 07.37.41 hrs Moon trine Uranus. 20 July 2012 08.42 11 hrs Moon sextile Mars. When Sun squares Natal Moon, governmental action affecting the balance and equilibrium of the markets is the result and this is specific to our markets. When transiting Moon trines and sextiles Uranus and Mars respectively, an element of aggressive movement is introduced. So look to see if there is a sudden down move or drop in prices around July 20 and 23.

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·         21 July 2012: Saturday: Transiting Saturn begins to form a square with Natal Rahu and Ketu. Saturn is also about to change signs, from Virgo to Libra.. Effect may be felt on 20 July itself. Will be exact on 21 August 2012, 13.15 hrs.

21 July 2012:06.19.53: Transiting Moon opposes Natal Uranus. At 23.31 hrs, Transiting Jupiter trine Natal Neptune ends.

All factors point out to a top formation and declining prices from July 20 onwards. Nifty could improve during the next few days up to July 18. Thereafter volatile price swings could be experienced and then negative trend from July 20 is what the astro picture seems to indicate.

Let us see what the cycles indicate:

So, we are not out of the woods yet. Stimulating an  economy burdened with immense debts or having weak leaders who cannot take bold policy measures, and relying on only monetary measures- is not to the liking of Uranus or Pluto.These two power house planets are going to square six more times before the end of 2015.With a Sayana Saturn plodding slowly into October 2012, where it will enter Scorpio and be in a mutual reception status, that is where the  all these profligacy will hit home.

But then, for traders, there are profits to be made.As usual, my sincere request is to  follow the price and only use the astro information as a navigational aid.With planetary energies becoming denser due to several aspects as cross purposes, whipsaws will occur.Retrograde period of Mercury and Uranus are fraught with human errors leading to losses.Especially from malfunctioning electronic equipment including lap tops and mobile phones.
If I have not responded for technical queries asked by some of you, it is only because of lack of time. My apologies.I shall address all pending queries before EOW.   

Take extra care!

Have a great week of trading!

Nifty Astro Technicals for July 09 to 13, 2012

The Uranus Pluto square theme is gaining prominence. 

The global economic situation is worsening.

Stimulus efforts which yielded results in the past are not working as strong now. 

The surge of relief from the Euro Summit is fast waning off, as the fine prints are coming into focus. More and bigger bank frauds are getting exposed. Spanish Bond yields have gone back to 7%.Two rate cuts by China, an extension of Operation Twist by the Federal Reserve, record rate cut by ECB and a $77.6 billion quantitative easing did not increase the confidence of the markets.

Our markets have held up far better than most others. But will this sustain?

It is against this back drop that we look at our market this week.

Here is the very short term wave picture…

The medium term weekly looks like this…..

And of course the Astro picture….

On July 09, 2012, Moon is in Jupiter star, in the 8^th house, till 12.30 pm. Moon crosses the equator upwards, signaling a minor reversal.  So we can expect a negative start and a recovery in the second half of the session, post lunch.

On July 10, 2012, Moon is nearly conjunct Uranus and it is in Saturn star. So the market could go up till Moon enters Mercury star by about 14.30 hrs. Since Mercury is in the 12th, maybe a reaction could be expected.

On July 11, 2012, Moon continues to be in Revathi (Mercury star) and forms an opposition to Saturn. It is also the first quarter Moon day. The lunar nodes are turning direct today and will be so till July 14^th.Mars is in trine with Rahu and Ketu. Three malefics colluding! The Sun Square Pluto and Uranus gets triggered in today (after the orb period of 8 days.) So the reaction of yesterday could deepen today. Check the Technicals and act accordingly. Short term traders may cover their shorts at the fag end, because it is a Ketu day tomorrow (July 12, 2012).

On July 12, 2012, Moon is in Ketu star. It is also sextile to Neptune. Uranus begins a sextile with Jupiter. Mars also moves into a trine orb with Jupiter. So this could be a green day.

July 13, 2012, Moon is into Venus star. (Bharani.)Venus is in sextile formation with Mercury. But I think it is a mixed blessing and not purely bullish. So despite profit taking Nifty might hold up. But be careful. Mars is about to form a big, nasty square with Pluto and an opposition to Uranus early next week. And during the weekend Sun will form a square with Saturn. Uranus will turn retrograde on Saturday, July 14^th.And Mercury will turn Retrograde on Sunday, July 15^th. I won`t be surprised if some effects of his show on Friday itself. For short term trades, if Technicals confirm then it is better to get out of long positions in the weekend.

The possible quantification of the movements, up and down have been illustrated in the charts itself. Astrology can at best be a leading indicator. Always, always,wait for price confirmation before committing your money, please.

Have a wonderful trading week!

Nifty Astro Technicals-July 02 to 06, 2012

Wow! What a break out we had last Friday!Nifty moved out of an ascending triangle trading pattern on higher volumes, to begin the next leg upwards.We have been expecting an upward break out-see the links of posts, given below:

 

http://niftyastrotechnicals.blogspot.in/2012/06/nifty-technical-picture-one-june-18.html

 http://niftyastrotechnicals.blogspot.in/2012/06/nifty-correlations-with-lunar.html

We had one more observation made on June 17, 2012, in the blog post given below.

 http://niftyastrotechnicals.blogspot.in/2012/06/coming-uranus-pluto-waxing-square-june.html

",,,Interestingly Saturn is becoming direct in Libra, exactly one day after Uranus-Pluto Square-on June 25,2012.Time band for this effect is 2 to 7 trading days: June 27th to July 04th, 2012.Typically it may be a reversal from a market top.

Venus is becoming direct on June 28, 2012.Manifestation time band is 4 to 11 days.Fourth day happens to be  coinciding day with Saturn effect day-July 4th. Even though Saturn direct leads to troughs and recovery from troughs,markets have reversed from tops as well.Could that be because of Venus occultation?

Also Venus is in Gemini and so duality may be experienced. Which means there is a chance that the markets may reverse yet again upwards on July 13, 2012.

So a roller coaster ride seem to be on the cards in the next two weeks..." 

 

Saturn became direct on June 25 and Venus on June 28, 2012. Both these powerful signatures have left a mark on the markets, which we saw on Friday, the world over.

What next?

Let us first look at the wave counts:

 

The next leg of the impulsive C seems to have commenced. My immediate bias  for resistance,  is the area between 5319 to 5375.

In fact, there are several resistances over head and the current move from 4770, in the hourly charts looks like a rising wedge.

 

Looking at the weekly cycles, the current uptrend marks the beginning of a new cycle. Nifty cycles last between 11 to 18 weeks.With just 4 weeks into the uptrend, some more climbing up is left. The problem is the planetary headwinds.. ..

 

 

 

 And here are the astro factors....

03 July 18:15 Sayana Mars moves into Libra

02 July: Moon in Sagittarius: Sun in Cancer: Venus in Gemini: Mercury in Leo

03 & 04July: Moon in Capricorn:: Sun in Cancer: Venus in Gemini: Mercury in Leo

05 & 06 July Moon in Aquarius; Sun in Cancer: Venus in Gemini: Mercury in Leo

Lunar Movements are indicating increased volatility and reversals once Moon moves into Pisces and beyond, which is the subject matter of next week.

25 June 2012 13.29.57: Transiting Saturn comes one degree and four minutes of becoming trine with Natal Sun and 52 minutes of a trine with Natal Venus. Simultaneously, transiting Saturn comes within one degree and 53 minutes of forming a trine with Natal Uranus. In all three cases, Saturn by moving away is reducing the bullish formation, but very slowly.

25 June 2012 13.26 hrs: Jupiter square Neptune .Orb is 8 trading days which is within July 05 2012. The current break out of the trading range is well connected to this aspect. Bullish.

27 June 2012 20.36.36: Transiting Venus becomes direct and comes to 1 deg 3 min of a trine with Natal Neptune. Bullish.

29 June 2012 20.31 hrs: Sun opposite Pluto. Sun Square Uranus. (Both applying).Again orb is of 8 trading days. Within June 11^th. This aspect may have effect closer to the third quarter Moon of July 11^th. It is a sign of reversal depending on the preceding direction of the market. Bearish after July 11, 2012.

29 June 2012 21.07 hrs: Jupiter trine Mercury. Short term Bullish.

29 June 2012 23.15.40 hrs Heliocentric Moon conjunct Pluto. Short term Bullish.

30 June 2012 14.40 hrs: Mercury trine Rahu. Mercury Sextile Ketu. Bullish.

02 July 2012 02.01.13 Heliocentric Mars sextile Pluto. Bullish.

02 July 2012 18.10.54 Heliocentric Venus trines Jupiter. Bullish.

.02 July 10.26 hrs Transiting Mercury opposite Natal Neptune. Bearish. Issues regarding crude and its effect on our Economy.

03 July 2012 05.40 hrs: Jupiter conjunct Ketu. Opposite Rahu. Very Bullish. Especially since Ketu is a big benefic for Nifty.

03 July 2012 18.56 hrs Mars moves into Libra, a cardinal sign. Action energy picks up. Everything Mars does will get exaggerated.

03 July 2012 09.46.19 Heliocentric Saturn squares Venus. Bearish.

04 July 2012 18.56 hrs Venus trine Mercury. Mildly bullish.

05 July 2012 08.05 a.m. Venus trine Uranus. Very bullish. With an orb of six trading days, crest formation are seen most often. Another aspect which tells us that the time band of July 11 to 13 points to a good reversal.

05 July 2012 07.18 hrs. Moon trine Mars. Mildly bullish.

06 July 2012 02.01.54 hrs: Heliocentric Mercury moves into Sagittarius. Gold will start seeing big moves. Will this be a sign of reversal in the commodity space?

06 July 2012 14.21.23 hrs: Heliocentric Mercury square Neptune. Another head ache for oil traders. Too much of confusing news flow will exaggerate movements in oil trade.

By 6 July, 2012, progressively the bullish formation is reducing steam, when we consider the Natal and transit positional play between the planets of Nifty. However no significant negative aspects are developing.

07 July 2012 19.17.34 hrs Heliocentric Venus sextile Uranus. Augurs well for bulls.

08 July 2012 02.41.01 hrs: Heliocentric Mercury trine Uranus. Bullish.

08 July 2012 12.28.20 hrs; Heliocentric Mercury sextile Venus. Same effect as on July 05.See a good upward movement but be aware that a counter move  is round the corner.

09 July 23.46 hrs: Transiting Mercury trine Natal Pluto till 24 July 2012.This is a big bear. Takes time to develop.

10 July 2012 09.14 hrs: Moon square Pluto.

10 July 2012 10.17 hrs: Moon conjunct Uranus.

10 July 2012 05.36 hrs Moon sextile Jupiter.

By June 10, bull moves become less volatile.

Our bias is the markets could move up higher with minor corrections, but turn cautious by next week, especially after third quarter moon on July 11, 2012.

 

 Have a wonderful week!

As usual check with your advisers before taking any positions based on opinions here.

 

Strictly Nifty June 27, 2012

We have been looking at planetary transits as they apply to the whole world as such. But most of us trade the Indian markets only and so specific planetary aspects for Nifty alone, will be of interest. While most of the time the Indian markets correlate and are in sync with the global markets, there are several instances when they are out of step also. For example in the beginning of the week, when the world markets sold off quite heavily, Nifty did not go down as much.While the US Markets scaled great heights and hit all time highs in  March- May 2012,Nifty, in the same time period,. did not cross the top made in 2011.

See charts below:

Which means the specific factors governing movements of specific markets have to be looked into. Since our interest is astrological correlation, let us see how to look at specific planetary factors for our own Nifty.

I have taken  the planetary positions of Nifty futures chart ( Nifty`s first trade chart or Horoscope, if you will) and have compared with the present day planetary positions, to know whether we can learn anything about the immediate market directions.

Comparisons are between Nifty natal positions and Nifty planetary positions as of June 27, 2012, 09..15 am, Mumbai coordinates. The comparison looks interesting, to say the least!

Aspects shown in black are bullish and all of them are weakening.

Transit Mars is applying to Natal Mars in a square formation.It is expected to be exact at 10.38 am tomorrow ( June 28, 2012.)

Transit Saturn is in a negative 150 degree formation with Natal Saturn. By August first week, this formation could turn into a powerful opposition.

With all the other information given in recent posts about June 27-30 periods, let us be cautious.

Before signing off, here are a couple of technical charts....

As usual, these are only indicative. It simply adds to caution or conviction depending on what kind of position we are holding.My take is always to wait for price action to confirm whatever we expect and only then act.

Have a wonderful day!

Nifty -Correlations with Lunar Declinations- June 2012

In Financial Astrology, Moon plays a very important part, as a translator and a releaser of planetary energies. In other words, the planetary aspects, whether good or bad, will actually translate into events and actions through the agencies of Nature, including human minds, only when Moon connects with the planets in some way.

This apart there are several other aspects of the Moon which have an echo in the financial markets. Echos which diligent traders can profit from, if followed sincerely.

One of them is lunar declinations and the effect on markets.Just as latitudes and longitudes help us pin point a place on the surface of the earth,planetary declinations help us pinpoint the positions of planets on the celestial sphere. The term equator here means celestial equator.While all planets have declinations, of particular importance to short term traders is the declinations of the moon.

For the records, Summer Solstice actually means that the Sun has reached its maximum northern declination point at the Tropic of Cancer and is now reversing direction and is moving towards the Tropic of Capricorn.

 See what happened during the recent Moon declinations in June 2012:

 Chart courtesy:cafeastrology.com

The directions of the lunar declinations do not represent the market directions. Every inflection point like reaching the Northern most point, crossing the celestial equator, from North to South, reaching the Southern most point and reversing direction- all give suggestions of market reversals.Hence my expectation of a mini reversal on Monday, June 25, is an upward move and a big reversal by the month end, June 27 to 29, is a down move.

Declinations may not be singularly relied upon. When two or more lunar events happen together, then we may anticipate a market turn.Of course, subject to technical confirmation!



Another lunar event which is worth watching is the change in direction of the true nodes of the moon, what we call as Rahu and Ketu. Rahu is North Node and Ketu is South Node.

June 27, Wednesday is when the nodes turn direction again and become direct.Since now we have two lunar events happening on the same day, it pays to be watchful.

We recently had a New Moon on June 19, 2012. So when is the First Quarter Moon?

June 27, Wednesday!

Hmmm..Interesting!

On Wednesday, at 13.11 hrs, Moon will square Pluto and at 13.23 hrs, she will oppose Uranus. Since it is a First Quarter Moon day, Sun also is connected and so we have an angular  planetary connect. Sun in Gemini, Moon in Virgo, Pluto in Sagittarius and Uranus in Pisces.In Navamsa, Ketu is conjunct with Moon, in Aries.
Saturn becomes direct on Monday at 13.17 hours and Venus becomes direct on Wednesday, June 27th. These two powerful stations have their orbs extending up to July 04th as mentioned in earlier posts.From 04th of July, Moon will start transiting in Aquarius, Pisces and Aries. Now with Sun in Cancer, Mercury in Leo, and Venus in Gemini ( all Sayana positions),we could have potential reversals.

Since Venus is in Vargottama both in Rasi as well as Navamsa and since Moon is in Pooram star, ruled by Venus, on Monday, the markets may be positive after a minor hiccup in the opening.Jupiter squaring Neptune is bad news for Crude and so good news for India.Unfortunately Venus is in qc with Pluto who is never letting go of the Rupee. In fact with the Nodes also squaring Neptune, oil is boiling. But then these square combos including.the latest one involving Jupiter is sapping away confidence, hope and energy from the markets.

June 27 and 28 seem to be critical days. Any which way, I still feel that the market has some more up steam left. But with major planets changing stance, trend changes also are to be expected, but after the bull move.

5300 seems to be a reasonable cap..

As the hourly chart says, even if the Nifty boat capsizes to 4930, it should still be considered as part of a bigger move.Breaking 4930, all bets are off. 

Of course we still have time for Uranus Pluto and the direct stations of Saturn and Venus.

Have a great week of trading.

Interplay between Natal and transiting planets in Nifty and Dow, June 22, 2012

It is fascinating to see the developing interplay when transiting planets make aspects with the natal planets in the natal charts of stock exchanges.How one looks positive and the other negative, for a brief period... 

And the cyclical position of Nifty on a weekly basis:

Why did the Dow and co take a dive?

Some Interesing Gann Angles, June 20, 2012

Nifty Technical Picture One June 18, 2012

Astro is one indicator. But what do the technicals say about Nifty`s movements post June 18, 2012?

Here are two Elliott wave alternatives.

This is a comparatively bullish scenario.

Look at this:

Either way, we have one bull move ahead.

Coming Uranus Pluto Waxing Square June 24, 2012

Now that the all important waxing square of Uranus -Pluto is so near, on June 24, 2012, let us look at what happened in the stock markets last time such a square formation occurred.We had a similar formation during 1931 to 34, when the US Economy went through Great Depression.Only difference was that it was a Waning Square. That is  in 1931, Uranus was in Aries. Pluto was in Cancer. ( Saturn was in Capricorn-All three are in cardinal signs.)Uranus kept on moving towards Pluto and finally on October 09, 1965,they become conjunct in 17 degree Virgo.A waning square generally leads to complete change of ways of the world.It happens through massive destruction..We all know from history what the world went through in those tumultuous years, including the Second World War and the Atom Bomb.

Now Uranus in Aries is moving away from Pluto in Capricorn.( Saturn is in Libra, again all three are in  cardinal signs.) and by 16th August 2047 they will once again be in opposition, with Pluto in Pisces,Uranus in Virgo and Saturn in Sagittarius.

Here is the 1931-32 chart of Dow Jones:( coutesy-www.technicalanalysisbook.com)

On June 12, 1931, Uranus and Pluto came within one degree of their square formation.Dow formed an intermediate low at 119.81 and recovered 30.82% to 156.74.Time taken was three to four weeks.By the time Uranus and Pluto became exactly square, Dow was in a sustained downtrend and formed an ultimate low between the first square of April 20, 1932 and second square of September 02, 1932.

How was the waxing square between these two slow moving power houses in the past? There is only one instance in the past of a waxing square between Uranus and Pluto.This was in 1876-1877.This was an extremely stressful period for USA, Europe and rest of the world.  Railroads and Banks had collapsed and the World was in what is now referred as Long Depression.The Kondratieff  cycle of 54 years also had a trough here. 

 Let us fast forward to June 2012:

 Uranus and Pluto came to within one degree, on June 04th.Markets tumbled to a low on that exact date.Since then Nifty is on a recovery mode.The first Square formation date is on June 24, 2012.And the next square date is September 19 2012.Another remarkable fact is the speed in which both these planets are coming together.While in 1931, Uranus and Pluto coming into one degree of a square and then becoming exactly exact, took nearly a year. Now it is in just 20 days! ( June 04th to 24th). So there could be significant and fast paced actions in the coming weeks and months.

Interestingly Saturn is becoming direct in Libra, exactly one day after Uranus-Pluto Square-on June 25,2012.Time band for this effect is 2 to 7 trading days: June 27th to July 04th, 2012.Typically it may be a reversal from a market top.

Venus is becoming direct on June 28, 2012.Manifestation time band is 4 to 11 days.Fourth day happens to be  coinciding day with Saturn effect day-July 4th. Even though Saturn direct leads to troughs and recovery from troughs,markets have reversed from tops as well.Could that be because of Venus occultation?

Also Venus is in Gemini and so duality may be experienced. Which means there is a chance that the markets may reverse yet again upwards on July 13, 2012.

So a roller coaster ride seem to be on the cards in the next two weeks  

Nifty Astro Technicals June 18 to 22, 2012

Look at the red arrows:It is interesting to see the correlation between New Moons and recent Nifty peaks.Only on May 18th did Nifty form a trough. Rest all were crests.Between the New Moon and the immediate First Quarter Moon, we always had a reversal.It is interesting to note that June 19th is the next New Moon...
Coming to the black arrows.The down arrow formed on May 17th was Retrograde Venus forming a trine with retrograde Saturn.We had expected an orb of 12 trading days for a low formation.
Precisely on June 04, 2012, Nifty formed a significant low.
The slant up arrow is of May 16, 2012: Mars trine Pluto.A secondary top forms within 7 trading days. This expectation was covered in my May 21-25 post.
See my post of May 21 captioned: "Some interesting Gann Angles:" Two turning dates were pointed out. One was June 05th.Nifty formed a significant low on June 04th.(4770.35)The next turning date is June 18, 2012.June 19th is a New Moon.On June 18th, Moon is at a maximum declination and will turn southwards. June 21, is also the Summer Solstice.
Now, on June 13th we had a powerful Sun trine retrograde Saturn. The maximum orb of this aspect is 11 trading days, that is June 27..June 27 is also  the first quarter Moon after New Moon.Saturn is becoming direct on June 26th. This is another powerful crest formation signature.
So it looks like the markets will go up first on Monday, then reverse back during the next two days to 5000 levels and then pole vault to 5350 range by June 26, 2012, after which the down trend may resume in full earnest.