It was a clear week of down trend in the Nifty.
Count wise, one more x formation is on the cards. Technically there can be one more.Iam hesitant to put a bottom yet because the Astro indicators are not yet positive.After the bounce up there may be one more down move. We will see this in detail in a later post.
Possibly we are nearing the end of the present down move.
5815 is just an upper limit. Expect Nifty to turn down sooner also.Bounce could last for 2 days.That should also account for short covering.
Still it is better to wait for a direction from Nifty. Whatever I had mentioned above are simply directional expectations. If Nifty moves as indicated then for short term we can go long, with strict stop loss of course.If the stop loss triggers, then the above analysis simply did not hold water and in that case, reverse your position and go short.
This is the best way to use all analysis. If we remove trading in anticipation, we are sure to make money.
Happy week end!
Saturday, March 23, 2013
Friday, March 22, 2013
Astro Technicals for March 22 2013
Nifty decided to do the bounce and breaking down to newer lows, on the same day itself.Wave e is defining itself.With Jupiter and Saturn getting into a negative 150 degree position and Mars approaching Uranus for a conjunction, it is advantage bears for now.
What will be the effect of a Sun conjunct exalted Venus? It should be interesting to see.
In this 5 hourly chart, see how Nifty pulled back to the violated Gann angle line and then fell again? The 25% line also has been breached..so sooner or later we should see the testing of 5548.Our strategy of sell on rise continues.
What will be the effect of a Sun conjunct exalted Venus? It should be interesting to see.
In this 5 hourly chart, see how Nifty pulled back to the violated Gann angle line and then fell again? The 25% line also has been breached..so sooner or later we should see the testing of 5548.Our strategy of sell on rise continues.
Wednesday, March 20, 2013
Astro Technicals for March 21 2013
We saw how much effect singular celestial bodies can bring about, when its energies are cleanly transmitted. Next week we have several aspects and signatures as pointed out in last week end posts.Let us look at the technical charts..
There are possibly two more legs for the current wave e ( it can get complex and produce several more, of course) and that could end the expanding triangle from the top of 6112.Probable time line is first week of April 2013.That is when the negative effects of Saturn-Pluto 150* aspect as well as the Pluto-Jupiter 150*aspect will start waning and Mercury -Rahu ( Northern Node ) trine gets going.Meanwhile a small bounce which is over due should provide one more opportunity to sell on rise again.
There are possibly two more legs for the current wave e ( it can get complex and produce several more, of course) and that could end the expanding triangle from the top of 6112.Probable time line is first week of April 2013.That is when the negative effects of Saturn-Pluto 150* aspect as well as the Pluto-Jupiter 150*aspect will start waning and Mercury -Rahu ( Northern Node ) trine gets going.Meanwhile a small bounce which is over due should provide one more opportunity to sell on rise again.
Tuesday, March 19, 2013
Nifty Astro Technicals March 19 2013
As expected Nifty breached 5815 and went down into the 5700s. Hawkish guidance by RBI, Government attempting to rob citizen depositors in Cyprus, DMK pulling out of UPA...for Technicals and Astro Analysis, these things do not really matter..All we are interested in are the price movements.
The extent of the drop makes us look at the labels ever so slightly..makes us expect a small bounce before the next plunge....
One of interesting theories of Astro Analysis is that if we have one or two planets alone forming aspects or being involved in the dynamics of the movement then those planets acquire the power to give results for the movement. And so Moon alone with its vagaries produced a stunning fall today.
And we are not the only ones with such a tendency..
Look at S&P..
Trade safely..There really is no hurry to make money.
The extent of the drop makes us look at the labels ever so slightly..makes us expect a small bounce before the next plunge....
One of interesting theories of Astro Analysis is that if we have one or two planets alone forming aspects or being involved in the dynamics of the movement then those planets acquire the power to give results for the movement. And so Moon alone with its vagaries produced a stunning fall today.
And we are not the only ones with such a tendency..
Look at S&P..
Trade safely..There really is no hurry to make money.
Astro Technicals for March 19 2013
As expected Nifty opened gap down, but did not breach the all important 5815.We may see the breach on the morrow and also some recovery. Things like RBI Policy days are bad for trading because of too much of volatility.Best thing is wait till the market makes up its mind and then follow. I still feel that the downside potential is higher, but then you never know..
Sunday, March 17, 2013
Nifty Some more Astro- March 18 onwards...
For a change Iam using Zero Ayanamsa, which means the above charts will somewhat resemble western Astro charts.
In the chart marked as A, on March 23, 2013, Saturn and Jupiter will be 150 degrees away which is a long term negative aspect.Moon meanwhile is perfectly placed to translate the energy.At the same time, Uranus and Mars are becoming conjunct in Aries.A sudden down move which can continue, cannot be ruled out.
We move on to Chart B by March 27, 2013. It is a Full Moon.Mars squares Pluto. By forming a sextile with Jupiter, Mars conducts the square energy to Jupiter as well. This makes the aspect formation as negative. However Sun and Venus form a conjunction which could counter the negativity. We expect more volatility with up moves followed by swift down moves or vice versa.
By March 29, 2013, Sun, Venus and Uranus are all conjunct. Mercury forms a square with Jupiter and conducts negativity to Pluto by means of a sextile with Pluto. I cannot think of any positive vibe with this formation.
By April 01, Sun and Venus also square Pluto.Mercury square with Pluto increases in intensity.Nifty may move down a bit.
As I had explained couple of posts earlier, Lunar effects are also not very positive this week. ( March 18 to 22).But then the formations are not strong.Even if we have buy positions now, maybe we should think of squaring off by the weekend because the the heavens are quite busy next week, which we just saw.
It is not a to be brave or complacent.Have strict stop losses and act only after the price moves in the anticipated direction.
Have a great week of trading!
In the chart marked as A, on March 23, 2013, Saturn and Jupiter will be 150 degrees away which is a long term negative aspect.Moon meanwhile is perfectly placed to translate the energy.At the same time, Uranus and Mars are becoming conjunct in Aries.A sudden down move which can continue, cannot be ruled out.
We move on to Chart B by March 27, 2013. It is a Full Moon.Mars squares Pluto. By forming a sextile with Jupiter, Mars conducts the square energy to Jupiter as well. This makes the aspect formation as negative. However Sun and Venus form a conjunction which could counter the negativity. We expect more volatility with up moves followed by swift down moves or vice versa.
By March 29, 2013, Sun, Venus and Uranus are all conjunct. Mercury forms a square with Jupiter and conducts negativity to Pluto by means of a sextile with Pluto. I cannot think of any positive vibe with this formation.
By April 01, Sun and Venus also square Pluto.Mercury square with Pluto increases in intensity.Nifty may move down a bit.
As I had explained couple of posts earlier, Lunar effects are also not very positive this week. ( March 18 to 22).But then the formations are not strong.Even if we have buy positions now, maybe we should think of squaring off by the weekend because the the heavens are quite busy next week, which we just saw.
It is not a to be brave or complacent.Have strict stop losses and act only after the price moves in the anticipated direction.
Have a great week of trading!
Nifty -Some more technicals March 18 onwards
The retracement from 5663.60 to 5971.20 was of the order of
68.63%. Overhead Gann Resistance now lies at 5966 and the Gann support now lies
at 5791, both for the forthcoming week.
As per Western
Astrology calculations Sun enters Aries on March 20, 2013. We already have
Uranus and Mars there. Sun will add to the energy and things ought to become
even more volatile for now.
Make a note of this Full Moon on March 27 th and the circled
date of April 01, 2013.
We will see why, a little later.
Let us have a look at some pitch forks. I have considered this
from the lows of December 2012. Nifty has now violated the 161.8% extension of
the blue pitchfork. So we conclude the trend is clearly down. I have also
marked two long term Gann lines in black. The resistance for the month is at
6059 and the support is at 5674. If this is broken down then Nifty could
swiftly move down to 5426.
In our post captioned as ,
Astro Technicals March 11 to 15 2013, this is what we had expected....
".....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..."
Nifty improved from 5th to 11th, where 11th was a turning day.Just as we suspected, around
the New Moon day, Nifty reversed powerfully and fell from 5971 to 5791 between 11th and
14th intraday,before reversing again to form a high of 5945 on March 15th before closing
lower at 5872. For the week, it formed a higher high and a higher low but closed 73 points
lower than the last week.
Quite bizarre and in keeping with Sun -Moon squaring Natal Sun and Venus.
Let us look at the week beginning March 18 and ending March 22, 2013:
First quarter Moon is on March 19th.Moon Apogee and Maximum declination also is on
March 19th. Sincethere are no planetary signatures are import this week ( we have quite a few next week) we assume that the Lunar effects will drive the market.
So March 18 and 19 could see the down trend continuing and March 20 could be a positive
day. March 21 again could be a negative day with prices recovering on March 22
This is at best an informed assumption.So please follow the price.
Technical picture is as follows:
After achieving equality with b, the current d wave has gone into a triangular huddle.Last two legs of the triangle may be shorter with reduced volatility, but once the triangle breaks the move could be swift.
With Mercury becoming direct we think the down trend could resume in a gentler fashion.
Astro Technicals March 11 to 15 2013, this is what we had expected....
".....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..."
Nifty improved from 5th to 11th, where 11th was a turning day.Just as we suspected, around
the New Moon day, Nifty reversed powerfully and fell from 5971 to 5791 between 11th and
14th intraday,before reversing again to form a high of 5945 on March 15th before closing
lower at 5872. For the week, it formed a higher high and a higher low but closed 73 points
lower than the last week.
Quite bizarre and in keeping with Sun -Moon squaring Natal Sun and Venus.
Let us look at the week beginning March 18 and ending March 22, 2013:
First quarter Moon is on March 19th.Moon Apogee and Maximum declination also is on
March 19th. Sincethere are no planetary signatures are import this week ( we have quite a few next week) we assume that the Lunar effects will drive the market.
So March 18 and 19 could see the down trend continuing and March 20 could be a positive
day. March 21 again could be a negative day with prices recovering on March 22
This is at best an informed assumption.So please follow the price.
Technical picture is as follows:
After achieving equality with b, the current d wave has gone into a triangular huddle.Last two legs of the triangle may be shorter with reduced volatility, but once the triangle breaks the move could be swift.
With Mercury becoming direct we think the down trend could resume in a gentler fashion.
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