Astro Technicals June 17 to 21, 2013

After falling consistently from 6133 levels of May 30, Nifty had formed an island reversal on June 14, 2013. which is very much within our expected time band.Several astro signatures were indicating such a phenomenon.Technically also this could mark the end of b wave of B and the reversal could begin c wave of wave B.We have completed 44 days of major wave B. Wave A had consumed 49 days from its perch downturn levels of 6111.80 of January 29, 2013.So in another 5 days of trading we will reach equality time wise with wave A.
Let us look at the declination charts....

   We see the weekend of June 23 seems to have a culmination of several celestial aspects- Minimum Lunar declination, Jupiter on extreme declination,Full Moon, Moon at Perigee and Moon at Maximum Latitude.
Also the bullish traits of Saturn trine Venus and Venus trine Rahu would have played out by June 24 and the negativism of Sun conjunct Jupiter will start to play out post June 24.
If you had followed our previous posts you would notice that we expect major cyclical turns to happen post June 20, caused by Saturn Neptune trine. We also know that Jupiter in Gemini is not very positive. So everything points out to one more up move before the global markets turn down decisively.
Of course it will not be in one straight down move- and there will be several interesting upsides.
If there is an up move what are the levels possible?

 Island reversal represents a possible end of the downturn from 6229 levels.6050, 6100 and 6200 are the levels of resistance the cycles indicate.

If we observe the above Astro Chart, we can see that all our regular planets are on one side of Rahu Ketu axis. In other words all day to day planets are inside the yellow coloured area.This formation is known as Kala Sarpa Yoga and this does not bode well for Nifty`s valuations.This indicates a medium term negative period in the offing.
Within the yellow area, we also notice that Sun, Venus, Mercury and Jupiter are all in Gemini. This indicates heavy volatility and uncertain movements. Preservation of capital must be the utmost concern now. Profits can always be made, if adequate capital is available.
So please trade utmost carefully. Have tight stop losses. If he trade is going against you, refrain from trading immediately. Allow the planetary situations to change before attempting the next trade.Remeber Moon moves in a sign for 2.5 days. So if you face consistent losses, refrain from trading for three days and then start afresh. Market will always have opportunities.

Happy trading!
  

Astro Technicals June week-02, 2013

We had mentioned in this space before, that 2013, is the year for large planets to form planetary aspects which can cause long term effects in all spheres of our lives.Please see the link for a detailed explanation of the various long term planetary effects in store for the next three months.

  http://niftyastrotechnicals.blogspot.in/2013/05/long-term-planetary-signatures-may-to.html

What is important to note is that these long term effects begin now.We are already witnessing turmoils in commodity spaces, currencies and the bond markets. Before long every other market also will be subject to these planetary diktats.
Two of the most important right now are shown in italics in the tabulation below. Saturn Neptune trine can be the long term catalyst for the other planetary square, Uranus-Pluto to be activated.

First Planet	Second Planet	Effect	Period	Remarks
Saturn	Neptune	Trine	May 12 to July 27	Central Time band of this aspect is 37-38 days from May 12, which is around June 20.This corresponds to a longer term cycle crest from which prices decline sharply for 1 or 2 years. So we need to look out for crest formation by June 20 or thereabouts for long term cycle declines.
Uranus	Pluto	Waxing Square	April 18 to June 28 ( 72 days)	Central time band of this aspect is from May 20 to 24. Nifty hit a top on May 20, at 6229.45.This also leads to huge declines as seen in 1876.
Sun	Neptune	Waxing Square	May 25 to 28	Trough formation in nine trading days- by June 06/07.
Venus	Saturn	Waning trine	June 06 to 09	Trough formation in 5 to 12 trading days.        ( June 14 to 25)
Venus	Uranus	Waxing Square	June 12 to 14	Trough formation in 9 trading days, around June 25
Venus	Pluto	opposition	June 11 to 13	Watch 2 days preceding and succeeding. Possibility of reversal.
Mars	Neptune	Waxing Square	June 06 to June 10	Powerful reversal within 7 trading days. Within 18 June

The only known record of a Uranus Pluto square and its effect on markets is reproduced below...

We can see that in 1876-77, Jupiter and Saturn were also in the picture forming a square and being square to the Uranus Pluto axis. This time round Saturn and Jupiter are forming a trine, which makes us assume that there is hope for an ultimate turn around in the world situation after a significant decline. 

The aspects formed by Sun, Venus and Mars with the slow moving planets, all point out to a trough formation between June 11 to 18. 

Here is a chart on the cyclical expectation of an impending long term decline...

 It seems to point out to 5300 levels by the first quarter of 2014.

Zooming in on the situation right now,

Venus Antara-Rahu Sookshma ended yesterday, on June 11, 2013. We are expecting a bounce up in Jupiter sookshma before a clear cut decline commences.

Wave wise, B of Wave B, is seeking to achieve 61.8% retracement from 6229 levels.5750 to 64 is an important level to watch out for.

 The hourly cycles also point out to end of the current decline- but then these are all just suppositions.

Let us wait for the market to point out the way ahead.The moving averages are all pointing downwards. Let them turn up before we cover the shorts.

Happy trading.  

Astro Technicals June 06 2013

Last week we had commented about the extreme declinations / distances of Neptune, Mars and Venus for Jaune 04,05 and 06 and expected a change in trend.What had actually happened is that the extremities only slowed down the fall, allowing Nifty to undergo full time correction.

 As can be seen from the chart, Wave A of B had consumed 26 trading days, while wave B of B has so far consumed 13 trading days, that is achieving 50% time correction.50% price correction from 6229.45 comes to 5853 and Nifty has so far done 5869.So the current down trend seems maturing.
Astrologically our observation of Nifty behaviour in Rahu Sookshma and Jupiter Sookshma is that closer to the end of Rahu Sookshma, Nifty changes direction and moves up in Jupiter Sookshma before turning down decisively. This elusive upmove may materialise now.Lunar aspects are bunching up towards the weekend and that is one more indication of a reversal.
Let us constantly keep in mind that with Jupiter leaving Taurus, the long term trend is about to change fully for a while.
Having said this let us look at the technicals. If we only consider the price action, post 5477.20 low of
April 10, 2013, then we are in wave B.A leg of such a wave was completed at 6229.45.The current downtrend is wave B of the larger B.This leg has not even reached 50%. It can do a time or price correction of 61.8% at the least, to be a normal B wave.Price wise 61.8% comes to 5764 and time wise it is June 12/13.This time zone also  is to be carefully watched.
To conclude:
1.Currently we are in No Man's land.Since 50% time correction is over, we may expect a reversal. If so it should rise up to 6100, the bottom portion of the 45 degree line.
2. If   Nifty drifts lower or bounces along without any meaningful movement, then she is aiming for the 61.8% correction either price wise or time wise.
3.The C wave upwards which could follow, could move up to 6100+ levels.

Trading without stop losses in such an environment is suicidal.

In this hourly chart, Nifty can be seen hobnobbing with the 50% downline. If it overcomes, then the next is the 75% downline....

Here is an update of the circular chart.The current downtrend could die if the Index comes out of the arc. It is quite close to it. Any sudden fall may have support around the 5900 line first followed by 5800 line..

The circulars also seem to indicate the 5800 price line as important.

Nifty Long and Short Term

Gold June 2013

Gold is impulsing down. Immediate up moves

may be used to short again, with adequate stop losses.

Jupiter in Gemini

The Great Benefic, Jupiter has moved out of Taurus and into Gemini on May 31.He will remain in Gemini till June 18, 2014.He will travel direct for six months and become retrograde on November 07, 2013.He will be retrograde till March 06, 2014 and will resume direct motion on March 07, 2014.On June 18, 2014, he will leave Gemini for good.
As I had been reiterating in several posts long before this event, Jupiter had managed to maintain the uptrend till he moved out of Taurus.
How will his journey in Gemini be?
Unlike stable Taurus, Gemini is a changeable sign. It is Airy and is ruled by the dualistic Mercury.No stability of trend may be expected.Jupiter will be in Mars star till June 29,thereafter in Rahu star.Rahu will be in Jupiter star then which would lead to Parivathana. Since Jupiter and Rahu are also moving towards a trine we may see markets recovering in July 2013.Jupiter will be in Rahu star till August 31, 2013.After that Jupiter will be in its own star till the end of its tenure in Gemini. By November 07, Jupiter will become retrograde. From the third week of October we must be on guard for a major trend change.Jupiter becomes direct on March 07, 2014, which is another trend change movement.
All in all we should expect high volatility with a huge trading range to develop.  

 
Let us look at how Jupiter in Gemini had been in the past....

It should be a great time for traders with Jupiter in Gemini.

Astro Technicals for June 03 to 07 2013

On May 26th, this is what we had written...
"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."
Nifty traced out the planetary diktats exactly as expected...
What is in store for the week ahead?

Jupiter has left Taurus for good..He has moved into Gemini. The uptrend which he was protecting since May 17, 2012, till May 31, 2012, now is unguarded and is food for bears. Going into details for the short term, Rahu Sookshma will end on June 11, 2013.On June 03, Rahu becomes direct instead of the customary retro motion. This could signify a reversal.This continues till June 06.On June 04, 05 and 06, three important planets are either a achieving distance or declinations.So a powerful reversal of the downtrend is on the cards.Early next week  between June 10 to 13, we have other lunar aspects crowding together such as New Moon, maximum declination, Apogee position,and minimum 
Latitude.So our expectation is an uptrend from June 03, sees a blip on June 06 and then climbs into a crowded Lunar situation between June 10 and 13.Incidentally, from June 11, we have Venus Antara Jupiter Sookshma..
How has Jupiter sookshma behaved in the past?

Let us see a few examples....

Every time we had seen the market rise one more time in Jupiter sookshma.Shall we expect the same once again now?  

Nifty interestingly poised May 30 2013

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