Nifty Wave update

We are in right earnest into wave 4 of corrective wave C of the bigger diametric D.Wave C had commenced from June 04,at 4770. Levels of 5241 to 5273 should act as a big support for the current decline. "a of 4 "should probably be there somewhere.We still have a recovery leg, a minor b up and a c of 4 down.Price action has entered the Wave 2 region as can be seen from the chart.So far the Terminal Impulse has been acting up right on cue.  

Nifty Weekly Cycles

Nifty Weekly cycles are interestingly poised. There has been a reduction in the upward thrust we saw in December 20, 2011 and the one we saw from June 04, 2012.Also as Rajendraji points out, we are due for another long term cycle, the 55 month cycle. The time band is August 31 to September 15, according to him.If so the present weekly cycle will be shortened such as what we saw prior to December 20, 2011.

Our Wave theory is suggesting one more upside post the current 4th wave.If these two synchronize,then a major cycle top is due within the next two weeks. Astrologically, we are in the time band between two square formation of Uranus and Pluto.  

Nifty Lunar effects August 27 to 31, 2012

Within the larger context of market movements explained in other posts today,based on stellar positions of the Moon and its sub lord movements, we may hazard the following probabilities:This week, markets may drift lower till a reversal commences on August 31.
August 27: Moon is in Venus: Market may begin normally, even improve and then dip lower intraday. Recovery by close.
August 28: Moon is in Sun. Recovery of late evening may continue today
August 29;: Moon is in Moon star. Negative day.
August 30.  Moon is in Mars star. Negativity should continue
August 31: Negativity may continue Reversal upwards expected.
Intraday probability  techniques are very much under development. So please see the price movement and enter trades with the highest risk reward ratio in your favour.                                                                                                                                    

Nifty Wave Scenario Aug 27 to 31, 2012

With the neutral triangle in wave 2 and with wave 3 beginning right on cue, we seem to be progressing satisfactorily towards wave 4 and 5 of this wave C of the diametric leg D.

This then is our preferred counts for the week, unless the market communicates otherwise....

 An analysis using Fibonacci time zones, retracements and Gann lines...

Here is the retracement on the hourly...

Whether it is wave counts or astro projections, unless the price moves in the anticipated direction and confirms all positions are dangerous. However sure we are do not ever trade without a stop loss.

Have a wonderful week of trading. Do post your comments-that sure as heavens, enthuses me and keeps me going!

 

Planetary aspect clusters and effect on Nifty

When there are more than one pair of planetary aspects coming closer together in a time band, we may expect to see market reactions happening. Always the clusters would signify a change in direction in the market.Inside the time band, the event will manifest only if lunar phenomena takes place. It could be anything, a New Moon, Full Moon, a powerful declination change, or a conjunction of Moon with the major set of planets which form part of the aspect cluster.

We can see in the chart above, how every major top and bottom are defined by planetary aspect clusters and how the effect manifests when Moon gets involved.A powerful single aspect such as Sun square Jupiter of Jan 24 had only a cursory effect.
Examining the phenomena, closer to our present time of trading we continue to see correlations:

Accordingly the Full Moon of August 31 assumes reversal significance. Up or down will always depend on how the market was, going into the lunation.Interestingly, on September 04, Moon opposes Saturn &  Mars, squares Venus,trines Sun, Mercury and Pluto all in 24 hours!
In plain words we expect the present small decline to persist this week. We expect a reversal on August 31. We expect a sideways market with ups and downs till September 4. Then we expect an upward reversal post September 04.Does the projection remind you of a 4th wave or a 2nd wave or a B wave? If so then probably you are correct, because Neo Wave suggests that we are in the 4th wave of Wave 3 of Wave C.More of it in the next post.
All this is probability projections and we will make our trading moves only when Nifty confirms her intentions with price moves.

Nifty pivots for the week beginning August 27 2012

As expected Nifty had reversed on August 23, 2012. With Moon reaching its southern most declination on August 26th, this reversal should end by August 28th and a recovery of sorts ought to begin. 5350 is the downward level to watch. If it holds then   upward move may continue.

Nifty August 22, 2012

Gann angles for Nifty August 2012

If Nifty manages to cross 5411 on a closing basis, post August 27, 2012. a run towards 5629 seems to be on the cards.Since the angles of ascent are steeper than those of descent, so far these past months, the up move could be faster. But steeper up moves and slow descent are indications of a bear market-which means all of these rallies count only as phases  of a big bear rally                                                                                                                                                                        

A true blue bull market of recent times, is yet to come.

Astro picture of Nifty August 21 to 24, 2012

Often, Moon channelizes the pent up energies in planetary aspects and releases them, to form events. On August 21, Moon is square Venus and opposite Uranus. So the earlier Venusian square- opposition energy involving Uranus and Pluto of August 16th may find expression by way of a decline, on August 21, 2012.

Mars and Saturn were conjunct on August 15.After that we had trading for two days. This orb is in effect till 8 days, which is till August 28th. However, Moon is conjunct Saturn at 05.30 am on August 22, 2012. It will be conjunct Mars at 11.54 am on the same day. So we may see a restricted decline. Why restricted? Because they happen to be opposite energies.In fact we may expect recovery after 12.43 pm,when Sun sextiles Moon and Mars.

If nothing happens that means the succeeding aspect is overpowering the current energy play. For example, only hours later, at 04.27 pm, Moon will trine Neptune. Neptune and Sun are within 2 degrees of an opposition, due on August 24. However my take is that since it is a Rahu day and Rahu is square Sun, we may still have an initial decline followed by a recovery.

On August 24, at 17.08 pm, Moon conjuncts Rahu, this is squaring Sun which is in opposition to Neptune. This could mark a reversal of the declining trend.See the notations on the graph above for more information.

Some of the major aspects in the coming weeks:

Venus was square Uranus on August 16 th. Nine trading days orb is between Aug 16 and 29th.Chances of having a crest and then a trough are high, in this time band.

Venus was opposite Pluto on August 15th. Again the trading orb is 7 to 10 days. So a crest is expected on both counts closer to August 28th.

Sun opposes Neptune on August 24. With an orb of 8 trading days we may expect a big reversal from a crest. (2:1 chances of a trough).This is a powerful signature and the date of signification is September 04, 2012.

On August 29, 2012, Sun forms a waning trine with Pluto. Another signature with 9 trading day orb! September 10th is the date. This pertains to formation or culmination of intermediate tern cycles.

On September 02, Venus forms a waning trine with Saturn. Within an orb of 5 trading days we may expect a trough to form. That is September 10th.

On 7th September Sun forms a waxing square with Jupiter. This is another granddaddy of an aspect. With an orb of six days, we may expect a powerful reversal, on either side. That is if prices are falling into September 17th, then buy. If they are climbing into a crest, then sell.

And on September 19th, 09.15 am, Uranus and Pluto form their second square of the year. A day later Sun trines Ketu and sextiles Rahu.

On September 27, Venus squares Mars. On September 30, Mars enters Scorpio, where it can do as it pleases. On October 2nd, Mars conjuncts Rahu. We will discuss these distant aspects in the coming weeks.

We do have an array of planetary aspects coming up. One thing is certain. Energy levels in the markets will pick up and there will be several opportunities to make money, provided we sincerely follow the price movements and take positions where the risk rewards are in our favor. Astro principles are only guidelines. Once the price moves in the direction of our anticipation, these principles will help us take trades with increased confidence.

Nifty Astro Technicals -A technical look-August 21, 2012 onwards..

After reaching 5399.95, Nifty, on August 17th, reacted all the way to 5341.70, before closing flat at 5366.30.It just about managed to close higher than 5362, which the closing on August 16, 2012.
Rather than fundamentals, it was just the liquidity pushed in by FII  momentum traders which kept Nifty floating. Fundamentals, in fact seem to have worsened, what with Coalgate and all the sordid stories related to it.It is sad to see even respectable corporates figuring in the scam.Morally we seem to have touched the nadir.As a student of Financial Astrology, I can only marvel at the way big money seems to be caught out in this developing Uranus Pluto square. It is not in India but everywhere.And to think we have gone through only just only one square...there are six more left!

Let us look at some Fibonacci retracements..

Personally, I think the reaction may stay within 5241.
Even the one minute time frame shows a 50% bounce and a triangular formation which this pitch fork chart has captured nicely.

Here are our preferred wave counts for Nifty: