Nifty Astro Technicals May 08, 2013

Nifty has so far retraced 95.5% of the fall from 6111.80 to 5477.20.The trendline connecting 6338.50 and 6111.80 is currently at 6088.66 and today Nifty made a high of 6083.50.Timewise this upward retracement has taken 33% of the time taken by wave A.
Technically what could happen from now on?

 Let us examine the daily charts from a medium term perspective.
A Flat Correction pattern exhibits a 3-3-5 pattern, where 3,3 and 5 are sub waves.
Wave A exhibits a 3 wave correction.
For Nifty to play out the current moves as a Flat, Wave B also must have 3 waves.
Currently we are in Wave a of Wave B. Assuming wave B is of 3 sub waves, we note that the very first wave a of B,has already retraced wave A by 95.5% that too in just 17 days, tells us that wave B has bright chances of going over 100% of wave A by the time wave c of wave B will be over.
As per Neowave rules,
1. Normal B  wave should retrace wave A by 81 to 100%.( Wave B has so far retraced Wave A by 95.5%). In other words, if Nifty reverses from here, then we can reasonably expect a normal B wave is unfolding.
2.In such cases, wave b of B should not retrace beyond 5719 ( 61.8%) and wave c of B will mostly be equal to wave a of B. ( the current upmove)
3. In such a scenario wave c of B is likely to retrace all of wave b of B, which means if wave b of B falls to the vicinity of 5719, then wave c of B will take it back to 6100 levels.If Nifty is forming a common Flat,then Wave c of B could also go up to 138.2% of wave b of C, which is around the region of 6245-6275.
4. Since wave B normally consumes more time  than wave A ( down move from 6111.80) and since it has consumed only 17 trading days,waves b of B and c of B may consume 32 more days to complete their Wave B formation.
So we wait for Nifty to give us clear signals regarding the direction. At present we trail our stops tighter and tighter.And wait for a reversal to book profits on the longs.
 

MCX Gold -Astro Technicals May 08, 2013

Gold to descend to the 140 to 161.80% range -22500 to 23500 to complete the fourth wave and then could embark on the final fifth.I think a multi year bear market awaits gold after that. Wave 5 could consume the rest of 2013 possibly.
Astrologically, Venus and Sun  are getting to a conjunction with Jupiter as the charts below show. All that matches with the time band expected of the Gold Neo Waves as well.

 As usual let us wait for the Gold charts to show us the way- No anticipations please!

Tired channel breakout?

30 min chart is consolidating at the channel lower line at the top.It is very close to the Gann angle lines, which had served to reverse directions earlier.Only a decisive break down or break out can give indications of a tradeable option.Otherwise it is advantage intraday.

Astro Tutorials 02

In this post, we will examine more about the signs and the planets as well.  Look at the chart again. First house is marked as Aries and it is ruled by Mars. Last house is Pisces and ruled by Jupiter.This order of the zodiac is called a Natural Zodiac.This zodiac is actually a 360 division of the sky and the divisions are represented as angles 30 60 90 etc upto 360. Note that the 360 degree and degree 0 are the same.

Planets move through the zodiac from house to house in a clockwork direction.Is this the full list?

No there are some more.

Uranus

Neptune

Pluto

Rahu

Ketu

Uranus, Neptune and Pluto are very slow moving planets with their orbits beyond Saturn.

There are two points of intersection when the Sun's path and the Moon`s path intersects.They are called Rahu and Ketu.Rahu is called as the North Node or ascending Node and Ketu is called as South Node or descending Node as well. Remember Rahu and Ketu always move counter clockwise.Amazingly every culture of the world have recognized Rahu and Ketu in various names or forms. Rahu is also known as Dragon Head and Ketus is called as Dragon Tail.These two mathematical points are very important and significant as we shall understand later.I am deliberately  keeping the descriptions simple because we are primarily only looking at astrology applications to financial markets.

Regarding directions of movement, Sun and Moon will always move clockwise, sometimes fast, sometimes slow, but they will never move in counterclockwise fashion. Clockwise movement is called Direct Motion and Counterclockwise movement is called Retrograde motion.
Retrograde motion is only an apparent motion when we see planets from the Earth.Planets actually are not moving backward, they only appear so.As we will see later, retrograde motions also have astrological significance.
All other planets, Mercury, Venus, Mars, Jupiter, Saturn, Uranus, Neptune and Pluto will go through Retrograde motions.Actually they will slow down, then will become stationary,then move back slowly, then move back faster, then slow down, become stationary again and then begin direct motion again.
Rahu and Ketu as said earlier will naturally move in a retrograde fashion.
Another thing, Rahu and Ketu will always be 180* apart, no matter where they are in the zodiac.

There are certain points in the zodiac where a particular planet is very powerful and there are opposite points in the zodiac where they are weak or debilitated.

Please remember to commit these basic fundas to memory. We will be referring them again and again. Since there is a lot of new data, we will take them little by little.

So it is bye for now!

Jupiter in Taurus- A comparison

Every 12 years, Jupiter makes a visit to the earthy sign Taurus and spends a year there. This time  also Jupiter entered Taurus on May 17, 2012 and will leave by May 30, 2013.
Let us take a look at how was the market effect during the previous uptrend when Jupiter was in Taurus. So we look at a comparison between June 20 1988- July 04, 1989 and the present times.We have omitted 2000-2001 period because that was a downtrend.Jupiter tends to maintain whatever trend he picks up when he enters Taurus.

We see amazing similarities isn`t it? Even the angles of progress of Nifty across time bands, seems to match.Jupiter retro and direct stations seem to have a reversal effect most often.Last time after topping out post Jupiter leaving Taurus, Sensex went on to make a bottom on February 08, 1990-8 months,after Jupiter left Taurus in July 1989.

It is interesting to see that as per NeoWAVE, the current wave E is slated to bottom out in January or February 2014, 8 to 9 months from now!    

Astro Technicals for May 06 to 10. 2013

As per the tabulations recorded in the post, Astro Technicals April 29 to May 16th 2013,   
time band for various aspects and planetary combinations listed out seems to be May 08 to 13.In the post captioned as, Astro Technicals- Dasa formation and their implications,we observed that " In all such antara -sookshma periods in the past, Nifty either reversed in the Moon sookshma period or in Mars or in Rahu period. If there were bullish aspects prior to the Sookshma periods, then the intermediate reversals tend to happen farther away, in the Rahu sookshma periods. On the other hand, if the aspects were moderate, then intermediate reversals tend to happen either in Moon periods or in the Mars period.
If the aspects prior were negative, then the trend itself will be negative or mixed, going into the sookshma periods.
We are now in the Moon Sookshma period to be followed by Mars Sookshma period, upto May 14, 2013.
So we look for a reversal immediately in this week, followed by an improvement closer to weekend followed  by a bigger reversal in the week May 06 to 10, 2013.Since currently we are going through a series of negative aspects, post May 06/10, the decline could be a little more than anticipated.."

From the chart above, we see that the day of maximum latitude, which is May 03, Nifty reacted forming another bearish harami.May 09 th New Moon contains a Solar Eclipse. We have seen that eclipses mostly act as a reversal signature if the market is not under strong bearish or bullish aspects.May 13th, we have maximum Lunar declination and Moon is farthest from the earth.Several aspects of the immediate past involving Saturn have their critical time zone this week, between May 08 to 15th.
So we need to watch out for reversal behaviour in the Nifty.Fundamentally the markets are torn between the optimism created by US Economy, continued quantitative easing and rate cuts by Central Banks and the perceptible slowdown of growth evident everywhere including in China and India. 
We are approaching the third square aspect between Uranus and Pluto on May 21st. As we have discussed in the past, this is a seven signature series happening between 2012 and 2015.We are in the most important mid period. So the effects of the series will begun to be felt in the second half of 2013 onwards.Excesses need to be corrected and we may expect the corrective natural outcomes to begin to bite from later half of this year.
But not before the current wave of optimism spends over. So let us currently ride up this corrective and then wait for a bigger slide down later.
   . 

Astro Technicals May 03 2013

With retracing more than 80% of the fall from 6111.80, Nifty has officially begun the wave B. We are in the first leg A. So far A has behaved like an elongated zig zag.I suspect Wave B could be a complex correction involving triangles.
But that is jumping the gun. All we need now is to have a tight, trailing stop loss and lock the gains. Let Nifty reverse. We will see then.
In the previous posts we saw how Nifty is entering a reversal zone from an astro point of view. I still do not know how big the reversal is going to be..if it happens immediately.

 

The red arcs have proved to be reversal points in the past. Question is, will history repeat itself?

Astro Technicals- Astro Tutorials 01

For several months, I had been wanting to start off the tutorials on Financial Astrology. But time pressure had never allowed me to do so.Many friends had been requesting personally to initiate such a series. They feel it will help them understand this complex subject a little better. And unless the basics are known, application of such basics to another complex universe such as trading will be difficult, if not impossible.
I propose to start off in a simple way. Though I begin on a weekday  I am more comfortable posting lessons only on Sundays and Holidays.
According to me, all sciences are divine. So there is nothing specially divine about Astrology. It is a true science where specific results may be obtained by following the same set of rules, over and over again.
Enough of the preamble.....

This is a typical South Indian Astro chart.There are 12 houses and each of the house is ruled by a planet. Some like Jupiter, Mars, Saturn, Venus and Mercury have two houses each, whereas the Sun and the Moon have only one house each.

In this chart, there are some more details.

First House is called Aries and we know it is ruled by Mars ( from the first chart.)

And the twelfth house is Pisces, ruled by Jupiter.

Several qualities of each of the signs is also mentioned in each of the boxes.

So if you take Aries, then we find this sign ruled by Mars, which itself is an angry planet,

is 

Fiery: Positive outgoing energy

Movable: Action oriented.If planets are placed here, during their ceaseless movement across all 12 houses throughout the year, we can expect several actions to be seen in the outer world. Actions are nothing but manifestation of thoughts from inside us or acts of nature.

Masculine:Male energy manifestations

Barren: Most often action will be initiated here but end result will be seen somewhere else.

Next lesson we will see more about the nature of each of these signs and we will also look into nature of the planets themselves.

Thank you.

Astro Technicals for May 02, 2013

It is still unclear whether we are in a corrective Xwave to be followed by another abc or whether we are in wave B of the correction which had started from 6111.80.Since the present correction has moved beyond 61.8% chances are that we are in wave B.If so the present upmove may be marked as wave A of Wave B.If it is wave B, then we are going to go  higher but after consuming some more time.
Index ended with a long legged Doji on April 30, which since it is happening at a comparative top, can become a reversal signature, if there are follow up lower closes.Today the bias should be positive since RBI Policy Announcement is round the corner.
Next week should decide the future course of action for Nifty.

      

Volatility can be high, because intra day  up moves are getting weaker. At the same time we are not seeing a lower closing.
Trade safely.

Astro Technicals- Effect of Eclipses

We are in the season of Eclipses. We had a Penumbral Lunar Eclipse on April 25, 2013 and we are about to have an Annular Solar Eclipse on  09/10 th May 2013.
My personal take is that our understanding of Eclipses  vis a vis the market moves is a little sketchy. Either we expect the market to show an immediate reaction or we think that the reaction will come when planets transit the eclipse point later in the year.
I have done a small compilation of the Solar Eclipses for the period 2003-2013 and how Nifty had reacted pre and post the event. In some of the cases I have given some more details to aid our understanding:

So what do we infer?
1. Eclipses serve as interruptions to the ongoing trend in the market.
2. They may be witnesses for Nifty going up or coming down.In 11 out of 22 instances we saw the market going down and in 7 instances Nifty had improved.In 20% of the cases the effect was not of significance.
3. We see that if the market is in a powerful uptrend or downtrend, caused by aspects and signatures of long range slow moving planets, the eclipse effects were not very noticeable.In other words, reversal effects manifest better when we are in time periods where strong long range planetary forces  are not having any effect.
We have several engagement of fast moving planets such as Venus, Mars, Sun, Mercury with Saturn, but at the moment there aren`t any major aspects between the slow moving planets such as Jupiter,Saturn, Uranus, Neptune and Pluto.In the third week, we have Uranus square Pluto- I do not think this eclipse will show any effect of this manifestation.

So how are we placed for May 09/ 10?
Lunations on April 29/ 30 had produced declines which were intraday.We have the Latitude effect coming on May 03rd. Several of the aspects in the recent past and the ones happening right on ( I had covered this in the blog post captioned as Astro Technicals April 29 to May 16th) have a critical time zone of May 08- 13th. Dasa wise, we will be in Venus Antara- Mars Sookshma.
Astrologically chances of a decline in the week beginning with May 06 are brighter.
However, let us only trade once the market moves as per our expectations.