Nifty Astro Technicals for January 25,,2013

Nifty weakens for a third day, in a row.Still it is  moving only  inside the Keltner channel. FIIs continued their cash market, net positive purchases, to the tune of Rs 10263 million.However they have sold heavily in the directives segment, to the tune of Rs 6144 million.( By far, the highest this month.)This has erased the premium off Nifty futures. DIIs continue to sell-they sold a net of Rs 4139 million.
So, the FIIs seem to be short term short and long term long.
Look what is happening to the broader markets...

While the broader markets are selling off, Nifty is in a relatively comfortable situation.

Astrologically, the markets are going to improve next week. Let us wait and see...

Nifty Astro Technicals January 23 2013

FIIs continue to buy in Cash Markets. They were net sellers in Derivatives market. Domestic Institutional Investors continue to sell.

But look at some related indices....

Nifty Astro Technicals Jan 23, 2012

We just look a little closely at the aspects which we had discussed last week.

Nifty Astro Technicals Jan 21- 25 2013 ( Short Term)

Technicals part of Nifty Astro Technicals January 21 to 25 2013

Let us look at the technicals of our markets this coming week. Before we get into the wave analysis, here are a few charts...

I have used a 9 period Keltner channel which is shown as a green band in this weekly chart of Nifty futures.Coming week is the 34th week from December 20, 2011 and 34 is a significant Fibo number.

  Nifty Futures monthly has gone above the upper band of Keltner channels.This week or the week after there could be a reaction.

If we consider the second option of Nifty extending beyond its terminal pattern, then we have the following.

In this option if wave 5 extends, then the diametric pattern which we had been expecting may not be happening. But it is still early because Nifty could technically go up to 6335.90 and still the pattern of diametric could be valid.
Or else...

Nifty Astro Technicals-A few Fundamentals

An interesting trend is visible in the article in this link..
http://online.wsj.com/article/SB10001424127887324595704578239632598444930.html
A few extracts: 
".....Now, some signs are indicating that maybe, possibly, the tide is beginning to reverse.
Stocks started 2013 with a bang. For the week ended Wednesday, U.S. investors ploughed $18 billion into stock mutual funds and exchange-traded funds, the largest one-week total since June 2008, before the worst of the financial crisis hit....."

".... Fuelling expectations that a longer-term shift out of bonds and into stocks may finally take place is a growing nervousness that bond yields are dangerously low. As 2012 drew to a close, U.S. Treasury yields weren't far from record lows thanks to the Federal Reserve's unprecedented effort to pump money into the financial system through bond purchases. That sent prices up, and yields down….”

http://www.reuters.com/article/2013/01/18/investing-fundflows-epfr-idUSL1E9CIBAY20130118?feedType=RSS&feedName=bondsNews&rpc=43
"...Emerging market stock funds attracted $5.83 billion of the net new cash in the week ended Jan. 16. Meanwhile, investors pulled $1.79 billion out of U.S. stock funds, the fund-tracking firm said.
Demand for stocks broadly speaking, has rebounded so far this year, with the latest inflows marking the second straight week in which retail  investors contributed new money. That has not occurred since April 2011, EPFR Global said. Last year, investors pulled $69.1 billion out of all stock funds while pouring $493.6 billion into bond funds, the firm added...."

Reading all of these together, 

• People are perceiving bonds to be riskier going forward and are pulling money out of bonds.
• This money  is finding its way into stock markets, where they perceive that the returns are far better in dividend yielding stocks rather than from bonds.
• A substantial amount of money, out of bonds, is flowing into emerging market funds.
• Indian stocks are considered to be a better bet among emerging market instruments, because the Government has been doing the right things in terms of attempting to reign the fiscal deficit, make foreign investors more comfortable with India,reduce subsidies,and re move bottlenecks in Infrastructure and projects investments. So more FII funds are expected to flow into our markets.  
• Since the markets had been in an up trend for quite some time, money may flow into large caps and index constituents.
• Real time economic effects are yet to be seen on the ground, but typically stock markets  react first and will front run the actual economy.
• Government may continue this mode till the budget session. Post budget, they  will start taking populistic measures to appease the masses.This will have a negative effect on the markets and they will begin a prolonged negative cycle. 

Nifty Astro Technicals-Astro View Jan 21 to 31 2013

Last week we had expected Nifty to move up till January 18, 2013. We had expected to see a correction either on January 18 or within a few days.
We were expecting a translation of Venus conjunction Pluto before which Venus had squared Pluto.
Just like in Technical Analysis and in Wave Theory, the major trend or cycle will dominate and influence the medium or shorter trends, always. This is very true in Financial Astrology as well.
So what was the mistake I did last week? It was not ascertaining the underlying major trends first before examining the medium or shorter trends.
I shall not make this mistake again.
What constitutes Long, Medium and Short term trends in Financial Astrology?

• Interactions between very slow and very distant moving planets constitute very long term trends. Eg: Uranus-Pluto-Neptune aspects to one another
• Interactions between  distant moving planets constitute  long term trends. Eg: Uranus-Pluto-Neptune aspects to Saturn,Jupiter, Rahu and Ketu or aspects involving only Saturn,Jupiter, Rahu and Ketu.Also stationary and retrograde stations of these distant planets are trend determinants.
• Interactions between  medium distant moving planets constitute  medium term trends. Eg: Uranus-Pluto-Neptune-Saturn-Jupiter,Rahu and Ketu  aspects to Mars, Venus or Sun.Aspects between Mars, Sun and Venus to one another also can be medium term, provided there are other signatures nearby.  Most often one or more of these aspects will be present in a cluster adding weightage to the moves. 
• Mars, Sun,Venus and Mercury are fast moving planets and aspects and interactions among them leads to short term movements. Moon and the Ascendant influence very short term movements.

Coming back to Uranus- Venus -Pluto interactions, this medium term aspect can get postponed or diluted based on certain other long term aspects.Given below is one such example from the past.

Red line represents Uranus square Venus and Black line is Venus conjunct with Pluto.

Let us see the effect on the price chart...

 So, the current Uranus-Venus- Pluto translation also has got the potential to get modified.
How do we expect it to pan out?
To understand that better, we need to see a couple of long term/ medium term effects in the offing..

So far our understanding is that, for a slightly longer term, Neptune and Jupiter will cause bullishness.
For the medium term, Uranus and Mars will cause bullishness but reversals in the short term also is on the cards.
Jupiter when it becomes direct will cause reversal of the current up moves.
One more time we look at this week`s charts...

Mars get into a square with Rahu and Ketu axis. And Sun will trine Jupiter.
So what we see is positive and negative forces acting alternatively and in tandem.
What do we conclude:

Astrologically, Nifty is bound to go up higher till possibly May, 2013, because of Jupiter in Taurus.That Jupiter is about to conjunct with Neptune in the natal chart. So the bullishness at present may continue.This up move is also underlined by a conjunction between natal Uranus and transiting Mars  in Capricorn.
During this up move we have corrections ( not down trends) coming up because of the following factors:
Venus-Uranus-Pluto translation
Mars square to Rahu-Ketu axis
Mercury square Saturn
Sun square to Saturn on January 31, 2013.
That is also the day transiting Jupiter becomes direct.
So the week beginning January Nifty may top out, possibly after RBI`s announcement. Most probably when Moon comes to Leo, on January 29, 2013,in the period between Full Moon and Third quarter Moon.
The next turns may happen on February 05, 2013, when Mars conjuncts Neptune.

me request, as usual, not to anticipate. Use regular indicators such as
moving averages and Bollinger Bands to enter and exit the market, with adequate
stop loss protection.
All the best for the forth coming week!  

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.