Volatility has increased substantially. Trade carefully, please.
Sunday, March 3, 2013
Nifty Technicals
Volatility has increased substantially. Trade carefully, please.
Astro Technicals for March 04 to 08 2013
It was fascinating to observe two Indices move in diametrically opposite directions last week.Dow Jones closed at 14089.66, a mere 109 points from it All Time High of 14198.10 made during the last week of October 2007.
Nifty, on the other hand, in the past two weeks had fallen from a high of 5971 to a low of 5671.90, before closing the week at 5719.
It was also interesting to note that natal Mars was closely aspected by transiting Mars in the chart of New York Stock Exchange, on February 28 2013.Transiting Rahu and Ketu are also square to the Ascendant.Maybe the Dow is also due for a correction.
Closer to home, let us look at the Astro picture for our Nifty...
Nifty, on the other hand, in the past two weeks had fallen from a high of 5971 to a low of 5671.90, before closing the week at 5719.
It was also interesting to note that natal Mars was closely aspected by transiting Mars in the chart of New York Stock Exchange, on February 28 2013.Transiting Rahu and Ketu are also square to the Ascendant.Maybe the Dow is also due for a correction.
Closer to home, let us look at the Astro picture for our Nifty...
Moon in Scorpio- generally for third quarter Moon deviation,
Moon tends to represent a High.
Transiting Rahu- Ketu axis is squaring Natal Uranus
Transiting Saturn is squaring Natal Ascendant
Venus is about to square Jupiter
Sun is conjunct with retrograde Mercury
We are not out of the woods yet. So any high seen in the
next two three days may tend to be sold into.
By March 07, Saturn will form a sextile with Pluto. Both
Conjunct Mercury and Venus will form a trine with Saturn. So Nifty may bottom
out on March 06 and then start reversing upwards.
We have a Minimum declination occurring on March 05th. Moon
Perigee on March 06th. We have a Moon Perigee on March 06th. Mercury
reaches extreme declination on March 07th.Maximum Latitude on March
09th.
Nifty may improve from March 06th
onwards and possibly accelerate from March 09th onwards.Friday, March 1, 2013
Astro Technicals -March 01, 2013
It was Budget blues for Nifty.It cracked to form 5600+ levels. The expected first level bottom of 5548 is now not very far away.
Here are some interesting charts....
Here are some interesting charts....
Thursday, February 28, 2013
Astro Technicals for Feb 28 2013
Wednesday, February 27, 2013
Astro Technicals February 26 2013
Nifty`s down trend got more pronounced today and we saw the break of December 2012 low as well as the October 2012 high..
We had been discussing these Astro aspects time and again...
Astro indicators look a little negative till March 04 2013.
We had been discussing these Astro aspects time and again...
Astro indicators look a little negative till March 04 2013.
Tuesday, February 26, 2013
Sunday, February 24, 2013
Astro Technicals for Dow Jones Feb 25 2013
Since our markets are so tuned to Global Markets, I just thought to have a look at the DJIA, one of the influential biggies.
Here are two alternate wave counts for the Dow..
Both of them add up to the same conclusion. There could be a short term correction followed by a big up move.Long Term RSI also indicates that there could be a correction to the mean levels of 50 in the near term.
Here are two alternate wave counts for the Dow..
Both of them add up to the same conclusion. There could be a short term correction followed by a big up move.Long Term RSI also indicates that there could be a correction to the mean levels of 50 in the near term.
Astro Technicals for Gold February 25 2013
The coming week could be important for Gold.
Internationally we will know which way Italy will turn..towards a continuation of belt tightening or towards more radical thinking of moving out of Euro or worse, a muddle through caused by an unlikely alliance of politicians of all hues, arguing incessantly with each other.
Investors don`t seem to be worried..the 10 year Italian bond is trading at a yield of only 4.4 %...it used be at 6% during more trying times recently.
If some semblance of stability returns, gold should see a continuation of its current slide.It the political climate turns volatile, then Gold could begin to reverse upwards.
If Ben Bernanke makes new noises of reducing QE or if economic reports point to an improving US Economy, then Gold is sure to continue its down slide.Alternatively S&P 500 could strengthen.
Speculators notwithstanding, what is of importance is to see if physical buying of Gold will continue..
Key markets such as India and China have seen reduction in physical buying, either due to economic situations or due to Government restrictions.
Here is the technical picture of Gold..
The current down trend looks like wave 4. It may continue till end of May 2013 and thereafter we should see another bull run for Gold, taking it beyond 33700.Thereafter Gold could see a multi year decline...Will the yellow metal crazy investors finally decide in favour of equities?
Internationally we will know which way Italy will turn..towards a continuation of belt tightening or towards more radical thinking of moving out of Euro or worse, a muddle through caused by an unlikely alliance of politicians of all hues, arguing incessantly with each other.
Investors don`t seem to be worried..the 10 year Italian bond is trading at a yield of only 4.4 %...it used be at 6% during more trying times recently.
If some semblance of stability returns, gold should see a continuation of its current slide.It the political climate turns volatile, then Gold could begin to reverse upwards.
If Ben Bernanke makes new noises of reducing QE or if economic reports point to an improving US Economy, then Gold is sure to continue its down slide.Alternatively S&P 500 could strengthen.
Speculators notwithstanding, what is of importance is to see if physical buying of Gold will continue..
Key markets such as India and China have seen reduction in physical buying, either due to economic situations or due to Government restrictions.
Here is the technical picture of Gold..
The current down trend looks like wave 4. It may continue till end of May 2013 and thereafter we should see another bull run for Gold, taking it beyond 33700.Thereafter Gold could see a multi year decline...Will the yellow metal crazy investors finally decide in favour of equities?
Saturday, February 23, 2013
Nifty Astro Technicals Feb 25 to March 01, 2013
Last week we expected a low leading to a base formation and then an up move towards Feb 26, Full Moon.
Here is what happened. Nifty bounced and just one day after Saturn retrograde, it had topped out and had three continuous days of decline.The up move which we had expected to Feb 26, is yet to materialise. Since Monday is a day ruled by Ketu star and since Moon is in Leo, we may expect the bounce to happen on Monday. Global cues are also positive as of now.
However February 27th, with Moon in Virgo,and a Full Moon Deviation period running it would be prudent to watch the market and get out of short term longs.From then till Moon is in Scorpio, we may see the down trend resuming. That also happens to be March 04, 2013.
This date has a technical significance.
Let us see the technical pictures...
Twiggs Money flow Indicator has turned down quite significantly on weekly charts. With the negative divergence beginning to play out, this down trend has some more legs to go, short term bounces notwithstanding.
Let us see the wave counts on the daily charts.We can see the down trend has just begun..The larget boxed in terminal pattern is yet to play out.
However, in the hourly charts, the terminal formed by just the fifth wave alone, has satisfyingly played out and we have reached the 5850 area. Maybe we may go down to 5825 zone before we have a bounce now. Or the bounce may happen from wherever we are....
Truth of the matter is that all such bounces need to be sold into and we wait for Nifty to move to 5500 levels.
Negativity is accentuated by the swarm of planetary aspects this week, notably the Mercury-Mars conjunction trine with Rahu and Sun& Moon square Jupiter.
Since Jupiter is still in Taurus, we may expect the market to recover one more time towards 6000+ once it has reached the 5500 levels.
Post Budget should be an interesting scenario.
Since the planetary aspects in the coming two weeks are quite treacherous including but not limited to Mercury retrograde, it is very necessary that all positions be covered with stop losses. Also double check your buy or sell orders, for quantity and to prevent wrong entries.
Here is what happened. Nifty bounced and just one day after Saturn retrograde, it had topped out and had three continuous days of decline.The up move which we had expected to Feb 26, is yet to materialise. Since Monday is a day ruled by Ketu star and since Moon is in Leo, we may expect the bounce to happen on Monday. Global cues are also positive as of now.
However February 27th, with Moon in Virgo,and a Full Moon Deviation period running it would be prudent to watch the market and get out of short term longs.From then till Moon is in Scorpio, we may see the down trend resuming. That also happens to be March 04, 2013.
This date has a technical significance.
Let us see the technical pictures...
Twiggs Money flow Indicator has turned down quite significantly on weekly charts. With the negative divergence beginning to play out, this down trend has some more legs to go, short term bounces notwithstanding.
Let us see the wave counts on the daily charts.We can see the down trend has just begun..The larget boxed in terminal pattern is yet to play out.
However, in the hourly charts, the terminal formed by just the fifth wave alone, has satisfyingly played out and we have reached the 5850 area. Maybe we may go down to 5825 zone before we have a bounce now. Or the bounce may happen from wherever we are....
Truth of the matter is that all such bounces need to be sold into and we wait for Nifty to move to 5500 levels.
Negativity is accentuated by the swarm of planetary aspects this week, notably the Mercury-Mars conjunction trine with Rahu and Sun& Moon square Jupiter.
Since Jupiter is still in Taurus, we may expect the market to recover one more time towards 6000+ once it has reached the 5500 levels.
Post Budget should be an interesting scenario.
Since the planetary aspects in the coming two weeks are quite treacherous including but not limited to Mercury retrograde, it is very necessary that all positions be covered with stop losses. Also double check your buy or sell orders, for quantity and to prevent wrong entries.
Monday, February 18, 2013
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