Nifty Astro Technicals Intra day Jan 17 2013

Nifty Astro Technicals for January 17 2013

Nifty had chosen to close negatively today.
The critical resistance is at 6020 and supports are at 5970 and 5940.If these levels are breached, then we can be surer that Nifty has reversed.
But let us keep an eye on the liquidity situation..

FIIs had been consistently buying, even on down days.
What is it they buy?

 They are buying the cash market and selling  Futures.This means they are bearish in the short term and bullish in the longer term markets.
Domestic Institutions have been consistent sellers..

Here is the updated count.....

Nifty Astro Technicals for January 16, 2013

Nifty for the second day today continued its up-move  We did expect that. Every passing day is increasing the sense of caution, however.
Here are the preferred wave counts and other related charts. Please also keep alive the second possibility mentioned in January 13th  post.

 I have drawn the all important 2-4 line. Violation of the line downwards and then a quicker retracement of the entire wave 5, to 5548 is what Neo Wave says, are the possibilities.The million dollar question is at what point and when will wave 5 top out? Or are we in wave 3 of 5?
Anyhow, here are the impulse distances and time taken for the travels.

An interesting line, this red dotted line!

And a monthly variation. Here I have also drawn the 80% Fibonacci lines of the pitch fork. You may draw your own conclusions.

We are at least actively considering a market top. We had also discussed how such a formation will not violate the Jupiter effect in Taurus, because we are also expecting a stronger and drawn out wave B if the top out occurs.
Of course if it is wave 3 we are then into a truly larger C wave which might extend right into May 2013.As of now, my take is 80% chance for the diametric and 20% for option 2, which is a bigger and extended wave of wave 3 of 5 of C.
This weekend could give an answer.'
Meanwhile whenever markets heat up or look extended, " Angels fear to tread where fools venture".
Be an angel and risk averse- allow the market to make its move and do not neglect stop losses.

Nifty Astro Technicals a few concepts explained

Some of you had asked that the Astro charts where Nifty price movements are placed on planetary timelines, are difficult to understand and that they be explained a little bit. Iam reproducing the charts with some explanation. Hope this helps.

Let us understand these vertical lines a little better.

Thick Blue Lines are dates when Jupiter and Sun are 90 degrees apart in the zodiac. This is called a square formation.

Thick orange lines are dates when Jupiter and Sun are 120 degrees apart in the zodiac. This is called as a trine formation.

Thick bluish tinged lines are Sun opposite Jupiter. This is when Sun and Jupiter are 180 degrees apart.

Look at September 07, 2012, at the far left of the chart. What do we see? Just one day before this aspect, Nifty bottomed out and reversed direction, to the upside. This is when Sun was square Jupiter.

Next see October 09, 2012, orange line. Again we see that, two days before the formation of Sun Jupiter trine, Nifty topped out and reversed direction.

Next see, the bluish tinged line on December 03, 2012.Within three days of this Sun- Jupiter opposition, we see Nifty topped out and reversed downwards.

So what is our logical deduction? When Sun and Jupiter form aspects with each other, either square, trine, opposition or conjunction (I have not given examples of this yet), the market reverses either before or after the formation. Right?

Now look at the thick orange line on the extreme right side, on January 25, 2013.What do we see? Sun will trine Jupiter on that date. So going by our logic, Nifty should reverse direction either a few days before or after this aspect, correct? Let us park this deduction for a moment.

Now, in the chart,

Thick blue dotted lines are when Venus squares Jupiter.( We do know what a square means, don`t we?)

Thick orange dotted lines are when Venus trines Jupiter.

Thick bluish tinged lines are when Venus conjuncts Jupiter.

Let us now decipher these aspect effects...

On October 16, when Venus squared Jupiter, there was only a small reversal for two or three days. Essentially the market was in a congestion zone. There are other Astro reasons for this which we will see later.

On November 08, 2012, when Venus was trine Jupiter, Nifty topped out and reversed a day earlier.

On December 21, 2012, when Venus was square Jupiter, Nifty bottomed out and reversed upwards.

So what can we conclude? Most often when Venus and Jupiter are in aspects to one another, we can expect reversals. Sometimes based on other Astro signatures, effects can be nullified also. Sun Jupiter combinations appear more potent compared to Venus Jupiter combinations.

There are two more vertical bands to decipher.

One is mentioned as “Venus play with Uranus and Pluto and is shown in a blue band encompassed within blue datelines. This simply means that on January 14, Venus was square with Uranus and on January 16, Venus was conjunct Pluto. So what does this mean? Let us look at what happened when this occurred last time...

See the following chart. This was posted this Sunday, in fact it is one of a series which I had given in that post.

On November 25, 2011, Venus was square Uranus. Nifty bottomed out and reversed upwards. Soon after within two days of Pluto conjunction, Nifty topped out and again reversed. Now are these directions certain to happen? We can by no means be sure, because Uranus rules unpredictability. It can cause the market to go either way, often breaking supports and resistances.

Still yesterday, on January 14, 2013, Nifty reversed its short term downtrend and moved upwards again. On January 16, 2013, again Venus is conjunct Pluto. So there is a possibility of the upward movement getting terminated. If so on what date could that happen? Is there any astrological event in vogue?

To know that let us look at yet another chart… (Sorry, to put up so many of these!)

This is about Sun Mercury cycles. Imagine the Sun as an eternal hunter and Mercury as his hunting dog. Sun will never be retrograde and Mercury will frequently become retrograde.

So on Feb 06, 2012, Mercury catches up with the Sun from behind. In other words, the dog catches up with its master and enthusiastically runs forward. 

On March 13, 2012, Mercury turns retrograde ahead of the Sun. That is the hunter pulls the leash and makes the dog come towards it. Then on March 22, 2012, Sun catches up with Mercury, which is still retrograde. Now the Sun moves ahead and leaves Mercury in its retrograde motion. On April 04, 2012, Mercury turns direct and joyfully moves forward to conjunct its Master on May 28, 2012. And again runs forward to become retrograde on July 16, 2012. And the celestial cycle gets repeated endlessly.

Look at the red circles. Those are dates when Mercury was coming from behind and conjuncting Sun. We find there were reversals happening at that point. Most often the reversal effect is magnified or diminished by other Astro aspects and signatures nearby.

Now come back to the last circle, on the extreme right of the chart. Mercury is coming from behind and is about to conjunct Sun  on January 18, 2013, Friday. With the Astro signatures of Venus square Uranus and Venus conjunct Pluto nearby, could this be a turning date?

And continuing till January 25 (give or take a few days,) because we have Sun trine Jupiter, then?

The probability looks good isn`t it?

So we are anticipating a probability of Nifty moving up till January 18, and then reacting till January 25? Which wave scenario will unfurl? Let us wait and see.

Just read all the bold text together and you will see the logic of the jist.

I hope the Astro aspects juxtaposed on the Nifty daily charts do make sense now?

Let us not worry about how many such cycles are there. I shall keep bringing them up to as and when they occur. Only thing is I may not be able to explain so much in detail. But once you understand the basic principles, the rest is easy.

Remember; please consider Astrology as a leading indicator. Whether it is support or resistance or MACD or RSI we look to see past patterns recurring is it not? We base our deductions on that basis alone, right? Similarly we are using Astro cycles to give us some indications as to what the market could do.

One word of caution, is that do not get carried away and throw caution to the winds. I never trade without protection, even if Iam doubly sure. I have survived in the markets since 1990 solely because of risk management.. I did not even have computers back then. I remember plotting Reliance prices on graph charts manually. So with all the technology around and so much of knowledge around it is far easier to make money today, provided we take care of the fundamental principles of money management and risk management.

Let me also remind you, Iam only a humble student of astrology and technical analysis. So please do not take it on me, even if things do not turn out as I postulate here. But the experience is sure to enrich our trading lives, going forward.

Have a great day of trading, today and tomorrow!  

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.

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!

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.

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.

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!