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Tuesday, January 15, 2013

Nifty Astro Technicals for January 15, 2013

Nifty seems to have completed its correction on Friday at 5951 and started on the next impulse leg up. Now there are two wave possibilities...

Here is the second possibility....
We should know which way by the weekend or early next week.
Astrologically here are the look outs.
Venus has squared Uranus today. Within two days it will conjunct Pluto. This may  cause a reversal.The reversal may happen on January 18, the day Mercury conjuncts Sun. Thereafter is a million dollar question. Any way it looks like longs are ok till January 18.
Yet, let us still  wait for Nifty to show her way.

Sunday, January 13, 2013

Nifty Astro Technicals for January 14 to 18, 2013

Last week we expected Nifty to be volatile and so it was. Even the euphoria of better than expected results from Infosys, could not prevent a market slide and we closed lower at 5951.30, after going  up as much as 6042.15.
This week begins with a few interesting declination and longitudinal scenarios.

  1. We had a Sagittarian New Moon on December 12, 2013.Mercury was at an extreme declination on that day.
  2. On December 13, Venus is at an extreme declination.
  3. On December 14, Moon is at maximum Latitude. Given an orb of one day, we have seen this kind of formation giving way to market reversals.
  4. We are entering into a Lunar Negative period from January 15 to January 31.
  5. Venus will first square Uranus and later on conjunct Pluto.This in itself has always given a market turn of medium proportions.
  6. Sun will move into Capricorn. Mercury will conjunct Sun and begin a new Synodic cycle.
  7. Rahu will move into Libra, away from its debilitation sign and will start influencing Saturn and vice versa.
We expect the market to move up this week and possibly top out on January 18.This move up is not expected to be smooth. In fact from January 15 itself, the negative effects of the Moon cycle will be visible.

Let us have a look at the New Moon Astro chart and see what it tells....

 Interestingly we find January 15 and the period January 25 to 28 as significant according to  the Ruling Planets. On January 15, Sun is in Capricorn and Moon will be transiting the houses Aquarius and Pisces, moving towards a First quarter Moon on January 19, 2013. Traditionally this has been a period of a reversal from a top, especially when Moon is in Pisces.

Let us have a look at what happens when Venus first squares Uranus and then conjuncts Pluto...



As we can see within the aspects or just afterwards, there is always a reversal, sometimes significantly so.Since this also coincides with Moon reaching maximum Latitude and the Lunar negative period beginning soon, it is better to be out of longs by the weekend ( January 18, 2013 ) Thereafter let the Market tell us what to do.

A look at the Technicals.....

When Nifty closed at 5951, it has technically encroached into the area of wave 2. In other words, the forming wave 4 has crossed into wave 2 territory.Wave 1 looks extended. So it appears as if the rise from 5548, is a terminal impulse. Wave 3 was shorter than wave 1 and by Wave principles wave 5 of 5 also must be shorter than wave 3. This means that wave 5 may top out this week itself. In that case, Nifty  may retrace the entire rise from 5548 in less than half the time-even 25% of the time.Since the rise up to Jan 18 would have consumed 41 days, we can expect a bottom of aforesaid proportions by the first week of February. However, since Jupiter is in Taurus, the ensuing B wave may be a longish or large one consuming time till after the Budget sessions.

Wish you all a happy Makara Sankranti- Safe and productive trading to all!

Thursday, January 10, 2013

Nifty Astro Technicals for January 10 2013

On January 10, 2013, we are going to  have 5 planets in Sagittarius, the house of volatility. Now since the energies of these planets tend to balance each other, the volatility may not yield too much ultimately in either direction.
Historically, when Sun is in Sagittarius and Moon also comes there, probabilities of a weekly high forming are very high. But curiously, if we have a New Moon in Capricorn coming up ( during New Moon, Sun and Moon will be conjunct), then when Moon comes to Sagittarius, we will be in the lunar period, which is between Third Quarter Moon and New Moon. In such a period. the propensity is for a low formation on weekly basis. Which is why I feel this time round, volatility may tend to cancel out and next week we still may have a low finally, but not a very low, low.( Am I making sense?) Why do we expect a low at all? Because Venus is getting into an uncomfortable square with Uranus...
To make things easier, I have decided to use the Sensex chart to illustrate the various Lunation ( Lunar phenomena ) which tend to have an effect on the market. As we all know, without Moon there can never be any effect.

Red: Moon`s declination
Blue: Moon`s distance from the Earth.( Perigee is closest and Apogee is farthest )
Black: Moon`s Latitude
Green: Effect of Moon`s phase
The direction of the arrows are tentative. Do not take them literally. They only indicate the direction expected by me. The real message here is that those are potential points of reversals.

So January 10 th, a Perigee day. Day star is Ketu. Maybe we will see a recovery.But over the weekend, we have some tight declinations coming in.
January 12 is New Moon and it is also a day of extreme Declination for Mercury.
January 13- Venus is becoming extremely declined.
January 14- Moon will reach its extreme Latitude.
So any recovery on Jan 10 and 11 may give  opportunities to short at higher levels.

Technically....



If c subdivides tomorrow and enters into the territory of 1 next week, we may have to modify the counts in a more meaningful fashion, which we should know by this weekend.
Trade carefully please. We are in a volatile ground.

Tuesday, January 8, 2013

Astro Technicals..... Infy

Infosys, a stock which is a bell weather,has fallen from its perch in recent times. Since our friend is anxious about Infy`s results, let us have a look at Infy from a technical and Astro perspective.
Let me   caution you, I do not follow this stock.So please excuse any mistakes!
Let us see its long term primary trend first.....


As can be seen, Infy has completed its primary impulse wave in January 2011.In the monthly chart above, we can see an ending diagonal formation.With primary  corrective wave A appearing to be completed, we may expect corrective primary wave B to move up.  But once the multi month corrective up move is over, we may expect the downside C to begin and take prices lower.
Now let us look at the monthly MACD chart...


While monthly prices trended lower, we see the MACD trending upwards and causing a positive divergence.Just see what happened during the previous positive divergence in 2008-09.Infy went on a positive rise for months together.

Let us look at the daily charts...


We see a classical triangle pattern ABCDE coming to an end. A better than expected result or guidance now may form the trigger for price to cross 2405 first and then 2500 next. Even if the results are not positive, technically the stock is poised to move up. But as said earlier, once the corrective rise is completed, there could be a bigger down move.

What does Financial Astrology say?

 3 November 1994 is the day of first trade for Infy. I have the natal chart of that day and the transit chart of January 11, 2013. We see transiting Saturn conjunct with natal Sun and Venus, all in the eleventh house.Transiting  Sun in Sagittarius will be conjunct natal Uranus. Moon is in Venus star and Moon and Venus are both in the first house.
On January 11th, Infy will be undergoing Jupiter Dasa-Mercury Bhukti-Saturn Antara-Saturn Sookshma.

All these Astro indications point to improvement in stock prices for Infy.
Conclusion: Infy should move up. But please be careful. My understandings or knowledge could be faulty. Whatever positions you want to take, please do not do it out of anticipation. Let us wait for the price to tell us what it is going to do.

Sunday, January 6, 2013

Nifty Astro Technicals January 07 to 11, 2013

From a short term perspective the trend continues, with some hiccups towards the close of the week or early next week.
Some ominous Astro signatures are emerging towards the week end. These could show their effects mostly in the week beginning January 14, 2013.
As you can see five planets are jostling for space in Sagittarius, which to begin with is a very volatile sign.To further energise we have Saturn sextile to Sagittarius,Jupiter in 6/8 position to Sagittarius.
We have Mars square Saturn on January 07th.
Markets may decline moderately on 7th and 08th and resume up trend from Wednesday.The above formations are for Friday.So we may expect a good correction next week ( week beginning January 14, 2013.)

Astro Technicals ..Jupiter and Taurus...Way forward

Taurus is called a fixed sign. It`s element is Earth. The mascot of Taurus is the Bull.( not your stock market bull!). A characteristic of bulls is not wanting change. They love to peacefully graze and laze around the meadows. They are disturbed by sudden changes in their environment.
Jupiter is an expansive planet, which likes to expand whatever it connects with or the things associated with Jupiter. Being a slow moving planet the effects represented by Jupiter are generally long term.
So what happens when Jupiter moves through Taurus? It takes about a year to travel through the 30 degrees of Taurus.
Jupiter will maintain the status quo. It may expand but it will NOT CHANGE the underlying trend.Since it is Jupiter, we are obviously referring to long term trends.
Since this is an Astro Technical blog, we restrict our interest to what happens to our stock markets when Jupiter is in Taurus.
Let us see what had historically happened.
The earliest record we have of Indian stock markets, when Jupiter was in Taurus, was in June 1988 to July 1989...

   The BSE Sensex moved up from 552 to 798, representing a 45% increase.The underlying trend was bullish and was preserved  despite two major shake outs, one in Nov 1988 and the other in April-May 1989.
The next time we had this astrological event of Jupiter in Taurus, was in June 2000 to June 2001.
Let us see what had happened....
This is a weekly chart, for better clarity...


We can see Nifty had dropped 20% despite a few counter rallies. Once again the underlying trend had been preserved.
Let us fast forward to the present times..
Jupiter had been in Taurus since May 17 2013 and shall leave Taurus on May 31, 2013.


Once again we see that the underlying trend has been preserved. So is it not logical to expect Jupiter to preserve this bull trend up to March 2013? We also notice that the counter trend moves have not been particularly strong this time when Jupiter is in Taurus..
Why is this?
Possibly the presence of Saturn in its exaltation sign Libra has added to the bullish tones of the market.Now Rahu is slated  to enter Libra on January 16, 2013. This will further strengthen Saturn`s bullish push and bring in  gambling tendencies into the market. In other words the bullish tendencies could increase.
I know it is a dumb thing to profess but then markets never did follow economics or politics did they?
The entire 2012, was thought to be a year in which terrible things could happen...Euro collapse, bankruptcies of several Euro nations, devaluation of the dollar,Chinese economy collapse..even an end to the financial markets.Let me honestly say I also did never in the least expect 2012 to become so handsomely rewarding for Indian stock investors.
By February 11 Saturn will start to slow down
By February 16 Mars will trine Saturn
By January 31, Uranus and Jupiter would start separating from their about-to-form-sextile.  
and by February 19, Saturn will turn retrograde.
So we expect the first major reversal to occur around this time, give or take a few days.This will be hailed as the beginning of the great down trend, but since Jupiter will still be in Taurus,we may expect a sudden reversal, possibly because of something in the Union Budget 2013 and rise even higher than the previous top. 
In June 2013 once Jupiter moves out of  Taurus, and with Saturn   retrograde in Rahu star, in Libra,Pluto retrograde from April 12 onwards, and with Uranus and Pluto forming yet another square, we could possibly see a real bad mother of a bear coming on, when most people expect it the least.
Rewinding to current times, a fifth wave extension now looks a possibility.So we have another 31 days of fear filled positive excitement.
Dear friends, I have just let loose the dogs of my imagination here...Do not trade on these projections. Read it, have fun but wait for Nifty to truly change her direction before climbing aboard from the right direction.Stop losses are simply a must to just survive in the market.  

All the very best for next week!
      

Friday, January 4, 2013

Nifty Astro Technicals for January 04, 2013


After 13.52 pm tomorrow ( January 04, 2013 ) when Moon is in Hastam star, opposite Uranus in Pisces and square Mercury in Sagittarius, profit taking may emerge. This could continue till January 9th  However, the underlying trend is still  bullish and so Nifty may resume its upward movement from January 09 onwards. The present third wave may pause around the New Moon, on January 14th, 2013 and a bigger correction looks possible after that. Corresponding Astro signatures have been posted last Sunday.
Have satisfied and safe trades, tomorrow.

Wednesday, January 2, 2013

Nifty Astro Technicals Jan 02 2013

Nifty has begun wave 3 of wave 5 of C of Diametric D ( This last will be proven only if Nifty tops below 6336, which was the November 2010 top.If Nifty crosses 6336, then we will consider the ABC correction from Jan 2007 top, as a Flat with C wave failure, because C had retraced only about 44% of B.In such a case, we will expect the present wave 5 to extend and top out somewhere in May 2013.. As of now, the diametric is still in play..   )
Here is the full wave count from December 2011....

And here is wave 5 of C of D in focus...

So 6123 levels and the time period January 10 to 14, is of prime importance..

Here is the 15 min chart...
Astrologically,
On January 03, Mars will trine Jupiter ( R)
On January 08,Mars will square Saturn. ( Both are exalted )  
On January 10 from , Venus will sextile Neptune.
From January 10 to 14, as many as 5 planets will be in volatile Sagittarius and they will be in aspect from Saturn and Uranus.By January 15, Rahu moves into Libra, and enhances the power of Rahu.
So January 08 to 14 maybe a volatile period.
On January 23, Mercury trines Jupiter.
On January 26  Sun trines Jupiter.So up-trend may resume from January 23 onwards.
On January 31, Jupiter becomes direct.
So up-move up to 14th, corrections up to 23 and resumed up moves from January 23, is seemingly on the cards.
But then Nifty knows best and so follow her for confirmation.



Tuesday, January 1, 2013

Nifty Astro Technicals January 01, 2013

Yet another New Year has dawned. With eternal hope we move forward, expecting our troubles will dissipate, our prosperity will increase and everlasting peace will descend into our beings.
The very beginning of a new year is the first day and the very beginning of the first day is the first dawn and the symbol of all dawns is the Mighty Sun.
We welcome 2013 by a salutation to the Sun...




A look at the technicals..
As we expected Nifty moved up and began what looks like the 3rd wave of the 5th of C of Diametric D. ( Whether the Diametric itself will materialise has to be seen as time goes by..)


The day`s trading showed hesitation because the Fiscal Cliff is not fully in the bag. Some amount of profit taking may come in especially on January 2 and 3rd ( people who sell after the news is out) but the week ought to close positively, especially since it a day ruled by Sun.January 04th is also the day when Venus moves into Sagittarius, a potentially bullish development.
So buy on declines seems to be the rule as of now.But then, Nifty is a rather eccentric lady and she decide to take off also in her excitement! So let the price tell you further as to what to do.
As for the astro indicators they are saying it is good to go till January 11th.
Happy New Year to one and all and looking forward to some good times with all of you.  

Sunday, December 30, 2012

Nifty Astro Technicals Dec 31 2012 to Jan 04 2013

A rather eventful and good year from Indian stock markets point of view is coming to an end. During the last quarter we kept on feeling that the current ongoing rally is about to end, but the market kept on moving up and now the year is drawing to a close.From an Astro point of view, it looks like the bull move is likely to continue for some more time....

The next dates to watch out for are January 11 to 14 2013.The decline we had expected last week had materialized but not to the extent we had expected. Dec 31 to Jan 02, ought to see an upward reversal..



The technical picture also is mirroring similar views---that of an up move now..


Here are the wave counts....


We wish you a very wonderful and prosperous 2013!