Astro Technicals

Sunday, March 10, 2013

Astro Technicals March 11 to 15 2013

In the post for March 04 to 08, this was our observation:

We have a Minimum declination occurring on March 05. Moon Perigee on March 06. We have a Moon Perigee on March 06. Mercury reaches extreme declination on March 07.Maximum Latitude on March 09.

Nifty may improve from March 06 onwards and possibly accelerate from March 09 onwards.

Nifty did precisely that. The acceleration took quite a few people by surprise. However we still feel it is not an impulse movement but a corrective one.The current up move could either be Wave B or Wave d of Wave A itself, where in the latter stage we assume Nifty is in a diametric down move.

If we consider the Fibo retracement, then a 76.8 to 80% retracement should mean that Nifty may cross 6000 once again,comfortably this week.

What does Astro indicate as a possible top formation time?

It looks like reversals are likely only during the week March 18 to 22.Lunar indicators are gathering once again from March 18 onwards. Mercury is becoming direct.

A curious thing is that in the New Moon chart for March 12, 2013, the luminaries Sun and Moon are square the natal Sun and Venus at New Moon moment.Iam not clear whether this means a sudden drop sometime this week followed by a recovery. It should be interesting to watch.Even if there is any dip my bias would be to buy the dips.

Mean while the S&P is interestingly poised...It is entering the blow off part of an expanding triangle....

Have a great week of trading!

Wednesday, March 6, 2013

Nifty Astro Technicals March 05 2013

Here are the preferred wave counts. Looks like the corrective Wave B has begun.More confirmation will be forth coming when Nifty crosses 5853 on the upside.

Tuesday, March 5, 2013

Effects of Mars entering Pisces

From the beginning of this year, 2013, we were seeing one phenomenon after other having an effect on the markets. First it was Jupiter turning direct, then Saturn retrograde, Mercury retrograde and now let us look at Mars entering Pisces.

What do we see? We see an up trend, topping out during the middle of the movement of Mars in Pisces...

Here are more examples..Always a rise followed by a reaction...

In 2011, again we saw a big rise, followed by a distribution.
Today on March 05, 2013, we saw the beginning of a big rise. If history is any guide to be taken cognisant of, then we should see the present bounce continue upwards considerably before turning back.

How much more could the bounce go?

It looks like 5853 is the first important resistance followed by 5899...

Trade safely.

Effects of Mercury Retrograde

So when will the reversal start?

Sunday, March 3, 2013

Nifty Technicals

If RSI turns down again below 50 then the weakness could exacerbate.
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...

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 05^th. Moon Perigee on March 06^th. We have a Moon Perigee on March 06^th. Mercury reaches extreme declination on March 07^th.Maximum Latitude on March 09^th.

Nifty may improve from March 06^th onwards and possibly accelerate from March 09^th 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....