Astro Technicals May 30 2013

Nifty is likely tracing out a big irregular flat, with a strong B Wave.Wave A  of the down move from 6111.80  had ended on April 10 at 5477.20. Thereafter   we had begun wave B.  Wave A of the wave B had ended on May 20 at 6229.45.After that we are in wave b of B.This should end either today or tomorrow, possibly at 6054 or 6039. We should then see wave c of B upwards. This ought to top out around 6200 levels, possibly between June 08 to June 15, more likely towards the latter date.

If Nifty closes below 6038, then we assume a longer c of B is being traced out and then the support could be around 5925, on the 1x8 line as shown above.

Of course, we only follow Nifty, even though we crane our necks to try and fathom where in God's name she really is wanting to go! To prevent hurts, we resort to stop losses of course.

Nifty Hourly

Astro Technicals May 27 2013

Nifty seems to be good till 6200..provided 6020 is protected...

Nifty Long Term and Near Term As seen in May 2013

Movement beyond the long term cycle indicates the up move is nearly over. One last swing to absorb the distribution and then it is down hill..

b of B should commence now..

Astro Technicals May 26 2013

On May 27th, for Nifty futures,
Jupiter,Mercury and Venus are conjunct with Natal Sun and Venus.
Mars is conjunct with Natal Jupiter.
Sun trines Natal Neptune
Venus trines Natal Uranus.
Mars trines Natal Ketu.
Uranus trines Natal Pluto
Rahu trines Natal Mercury
Saturn alone squares Neptune
On May 29th, Mercury conjuncts with Natal Mars and trines Natal Moon.
On May 31, Venus also trines Natal Moon.
At least to me it looks that Nifty`s planets are mostly positive with some negativity only towards the weekend.

Let us examine the Universal positions.
On May 27th and 28th, Sun squares Neptune.Venus and Mercury are conjunct Jupiter.This lasts upto May 30th.Rahu becomes natural retro by May 27th. Moon will be at its Perigee ( closest to Earth) and at a minimum declination by May 27th.
Saturn trines Neptune throughout the week.
Uranus and Pluto are square throughout.
On May 30 2013, at 20:24:26 hrs, Jupiter moves into Gemini.It will remain in Gemini till June 18,2014, 21:39:26 hrs.
On May 31, Sun and Mars begin to separate beyond 10 degrees.
on June 08, Mercury will be square Uranus and opposite Pluto:
Between June 11 to 13, Venus will be opposite Pluto and square Uranus.
The long term square aspect of Uranus and Pluto gets activated in this time band of June 08 to 13.
June 08 to 13 may be watched for a reversal.
As expected we had seen a declining trend from May 20 till 24. Now the trend could change again for a last upmove.
I repeat my earlier conjecture...
"By June 10, 2013, Rahu enters Ketu Sub and that could be a top formation time? Especially since Ketu is in the midpoint of Uranus and Sun? Two hot guys? "
One more thing about sensitive degree transitions...Iam reproducing this chart as a recap...
We see several planets were transiting a singular sensitive band of 22 to 27 degrees of various signs.On June 08, Sun and Moon will become conjunct and form a New Moon at 24:03:53 degrees, at 21:27:02 hours.This gives additional credence to the June 08-13 being an important time band for reversals.




June 08: New Moon
June 09: Maximum declination ( Sunday)
June 10: Moon Apogee
June 13: Minimum Latitude.
It all seems to fit.
What sort of prices should we look..
 at?
Here are expected supports.

And some interesting angles.
Let us watch the 1X1 45* line..Nifty seems to like it.

Statutory warning: Wait till prices turn..Have trailing stop losses if you are short.If you intend to go short, wait for a bounce. Here again, if prices move up as anticipated we run the risk of being caught on the wrong step.So again have stop losses.If you are stopped out either way reverse direction and follow Nifty. There is still money to be made.

MAY 24 2013

Nifty Astro Technicals May 24 2013

This blog will not be updated for some time because of a special professional assignment I have undertaken. I shall let all readers know when I am back in circulation.

Meanwhile happy and safe trading!

Tekkie Suresh

Astro Technicals May 22 2013

In our previous astro post we had mentioned about consolidation happening till May 27- that is what we seem to witness now.

In the 2 minute chart, we see a breakdown from a trading range and a double bottom around 6075 area. In the final 30 minutes, prices have recovered close to 6094 ranges.6083 represented the 61.8% retracement area for the drop from 6229.

The first down cycle has been convincingly been penetrated on the upside. So the next larger cycle seems to indicate that after this correction Nifty should move beyond 6240 in the next uptrend....Awaiting confirmation from Market.

The current B leg has already consumed 26 days and has retraced Wave A by 152.29% And it still seems to have legs for  one more up move.In such a case Wave C when it commences may not retrrace the currently forming B wave beyond 61.8 %.

If we look at the alternative count and consider this to be the diametric Wave D, then the current upmove is wave g.   In such a scenario, wave g will be completely retraced down to 5477 levels.

Moreover then we could consider the rise from 4531 from December 2011, to be complete only when the current upmove tops out.Mind you, in such a case, wave D would have consumed 18 months of uptrend.

On a weekly scale the uptrend contiues ....

USDINR

Fractal?