Nifty Astro Technicals July 07 to 11, 2014

So, after a long gap of 11 months, this blog is getting activated. Markets of course are forever and they have continued to churn out profits and losses to the millions who follow them...  
Looking at the long term charts of Nifty, we see a powerfully bullish picture emerging...

Minimum target from the Cup and Handle formation is 10,471.Of course the path will be full of ups and downs and all downs become important for investors because they represent buying opportunities.

From a Neo Wave perspective also, the current situation is quite important ...

In the month of August 2013, wave E ended and wave F had began upwards in the form of complex correctives, well channeled. That they are so well channeled makes them complex correctives rather than impulse waves.First corrective was a diametric and it appears that the second corrective also may be one. This means the current upthrust of "e"  could end in a few days and a down move of "f" could start. This may be followed by another final upmove of "g".Then there could be a larger correction which could bring Nifty down, outside the channel and consolidate. End of "G" should mark the beginning of " Mother of all bull markets".
So ride the present upmove but be vigilant. The move is fast maturing and will produce volatility, associated with the f and g legs. Then corrections could happen..sometimes quickly.
Let us look at short term astro effects ...

We see most of the latest turning points happened when more than one Moon effects were present.The latest Moon declination and Full Moon was the start of this latest upmove.
Between June 11 to 13,there are four separate Moon effects. Saturn also in in it's extreme.

  Additionally Moon is in the midpoint of Uranus and Mars, on July 12.And on July 16, Sun triggers the Rahu Ketu axis.
So a minor correction should ensue, shaking out all weak hands.
All the best for the pre Budget and post budget markets to all my friends!

Disclaimer:Whatever given here is just my point of view. Acting on them is solely up to you.I cannot be responsible for profits or losses or lack thereof owing to actions based on these observations 

Mercury Sookshma

Nifty`s Saturn Sookshma ends on August 03, 08:37:07 Hrs and then on till August 29, 2013,05:31:51 hrs, it is Mercury Sookshma in Venus Antara, Venus Bhukti and of course Rahu Dasa.
What has been the past record?

In 2003, we see the downward trend changed exactly on the onset of Mercury Sookshma.

During Jupiter Bhukti,Venus Antara and Saturn Sookshma in 2005, market bottomed out and reversed upwards. 

In 2008 January to February 21, the market goes through two way movements during Saturn Sookshma and declines to form a bottom, after Mercury Sookshma.

During Mercury Bhukti, Saturn Sookshma, market forms a bottom and the rise gets pronounced during Mercury Sookshma.

Ketu Sookshma last year see a declining trend during Mercury  Sookshma.

So we reach August 2013.there is every likelihood of a market reverse to the upside. For the Nifty, my bet is, it may go upto 5940 or thereabouts.

USD INR July 30, 2013

Nifty Astro Technicals Midweek Analysis July 30 2013

Wave B which began from 5477 is forming a huge triangle ( fits well with the confused outlook in the markets today-seeing RBI`s action today, even the Governor seems to be confused!).We are in the D leg right now..which seems to have a target of 5691....

Nifty Astro Technicals July 29 to Aug 02, 2013

July 29 2013: Moon is in Ketu star. Asc is in Venus star. Ketu signifies 8 and 12.Venus signifies 12 and 3. Moon moves through the subs of Mars, Rahu and Jupiter. A down day with some recovery post 1.15 pm.

July 30, 2013: Both Moon and Asc are in Venus stars which signify 12, 3 and 10.Moon moves through the subs of Mars, Rahu and Jupiter. Same pattern as July 29. Fall and some recovery post lunch. 

July 31, 2013: Moon in Sun star, which represents 2, 11 and 6. Asc in Venus star which reduces the positivity caused by Moon. She moves through Rahu Jupiter and Saturn subs. So after a flat opening we may see a positive market this day.

August 01, 2013: Moon in Moon star. Moon signifies 9 and 12.Ascendant in Venus star, signifies 12 and 3. Moon is in Mercury sub. Mercury though close to 11^th cusp, still signifies only 10.Moon moves through the subs of Rahu, Jupiter and Saturn. Recovery in second half, yet should be a small negative day.

August 02, 2013: Moon in Mars star, predominantly signifying 2 and 10.Venus is in Venus star, signifying 12 and 3, but Venus is also the 11^th Cuspal sub lord. So a positive end to the week is on the cards.

We expect 3 days of negativity and recovery in the last two days this week.

Aspects wise, a bottom is indicated by August 07/08.

Happy and safe trading.

Technical View of Nifty July 25 2013

9 day RSI is about to penetrate 30 day RSI on the downside. This is bearish for the short term.

Broader markets are not participating at all in the current rise. This divergence is also negative.

Cycle lines and Gann Supports are shown here. Long term up trend is still intact.

Nifty Astro Technicals July 22 to 27 2013

Last week we were expecting c wave to complete. It had completed 7 days by June 19.

What we now see, is that the abc correction by not breaking the trendline drawn, had become an x wave and so we have another abc correction unfolding.We had completed a and we are currently in the corrective mode, b. We still have one large c up move way to So we continue to hold Nifty buy positions till we see a decisive break down below the 0- b trendline.

Let us look at the cycles...

We see a possibility of a reaction, a buy on dips kind of reaction which could move the market further higher.In other words the c wave could be a strong one coming before the final fizzle takes place.

And astrologically,

We have several significant planetary aspects this week:
1. Mercury turns direct.Uranus has turned retrograde on July 17th.Both planets came close to forming a square and are now moving away from each other.
2.Mars conjuncts Jupiter.Rahu is trine Mercury and the Grand trine involving Jupiter, Saturn, Neptune and Mars is still in vogue.
3. Rahu moves to Rahu star. We already have Mars, Mercury, Jupiter and Saturn in Rahu stars.
4. Rahu is also the cuspal star lord for 3, 7 and 11th cusps.
5.July 22nd is a Full Moon, Moon Perigee and a Minimum Declination day.
6. July 23rd is a Maximum Latitude Day.  
7. By 25th July, Venus will oppose Neptune and Mars will oppose Pluto.
8.By July 26th, Sun will square Saturn

.
Additionally we are in the middle time period of Venus Antara Saturn Sookshma.
So what do we understand from all this?

We see that all Saturn Sookshma periods had a small crest forming. That is the first understanding. Since the Grand trine is still in vogue the reaction of two or three days will reverse once again into a bigger up move.This could last into the week and by 26/ 29, we could have a bigger down turn coming.
Will it mean that the prices will fall into sub 5400 yet?
My take is not yet.
Reason is because of the following observations.

 
Nifty had never reacted significantly ( a sustained downtrend) when fast moving planets were moving in the houses of Cancer, Leo and Virgo.These three houses offer a sort of continuation of the existing trend. So the next real down trend could commence only when Venus conjuncts Saturn and Rahu in Libra followed by Sun conjunction with Saturn and Rahu.These are slated to happen post September 17, 2013.
So, even with dips, Nifty may continue to rise till September 17th ...

Putting it all together, Nifty may first go up and then react. On July 29, a bigger reaction could set in. Even that could be shrugged off and Nifty may move forward to its tryst of Saturn and Rahu. That rise could be the result of the Grand Trine.After which the Jupiter-Pluto-Uranus squares will inject reality into markets.
With so much aspects and signatures, we will  closely follow the developments on  a day to day basis.

Happy and careful trading.

Astro Technicals for July 18 2013

Current uptrend faces a cycle line on July 22. That is also when we have a few lunar signatures..Mars would be exactly conjunct with Jupiter and both would be in trine to Saturn.

Nifty Technical Levels July 17 2013

Nifty AstroTechnicals July 15 to 19

In the week gone by, we saw Nifty break out of the uncertain triangle formation and move up..Technically we see the last leg c of c now unfolding. This week we may see completion of this c leg.
Let us examine in more details...

Last week we were watching to see whether Nifty would resist at 61.8%. Nifty with a gap up climbed above this level, and is now within striking distance of 76.8% retracement levels.Since we had seen a Limiting triangle formation last week, the expected target of  break out is 75% of the largest wave inside the triangle. Since a was the largest wave and it measured 335 points, our limiting triangle target is around 6056, which is quite close to the 76.8% retracement levels also.

Timewise wave a had taken 5 days, wave b 7 days and the developing wave c will complete 5 days on July 17. 

If we examine the RSIs we see that the 9 day RSI has substantially moved up over the 30 day RSI. This may be taken as a bullish development. Now of interest is the subsequent development of 30 RSI and whether the 9 period RSI will make a secondary peak.That could signify a crest.

In the 60 min chart also we see levels of 6050 to 6100 are quite significant. If Nifty vaults over these, then we are in powerful up market. Short term cycle suggests that the uptrend may be over around 6100 levels.

In the post,

http://niftyastrotechnicals.blogspot.in/2013/07/astro-technicals-saturn-2012-to-4.html 

where we had discussed reversals because of Saturn direct station, we had expected a turn around July 17, which is midweek currently.This also could get distorted by a few days, because of the

approaching grand trine of Jupiter-Neptune-Saturn.Mid period of the current Venus Antara Jupiter Sookshma also falls sometime around July 22. So the period July 17 to 22 make be watched for a crest formation.

If you had regularly followed the posts, we had dealt elaborately at different times in the past, on these long term formations.

1.On May 30, 2013, Jupiter enters Gemini. We had postulated that the long term uptrend is in danger and that for the next one year, we will see dual trend with a downward bias.This means that after the crest formation immediately Nifty may go down below 5477 levels also.

2.Saturn Neptune Trine:May 12 to July 27, 2013.While the central time band is June 20, 2013, we are seeing the positive distortion effects of Jupiter also joining the trine. Which means the central time band gets shifted closer to the Jupiter-Neptune-Saturn trine. This is around July 17. So between July 17 to 27, this trine should take its effect. Already we find euphoric reactions to developments such as Infosys results.We also note that crest formations due to this combination has a long term effect of one to two years.

3.Jupiter square Uranus square Pluto:August 06, 2013:We saw the waxing square of Uranus and Pluto was in vogue for 72 days from April 18 to June 28.Central time band for this formation was May 20 to 24. Nifty had made a high of 6229.45 on May 20 which remains the highest crest this year so far.When Jupiter joins the square, it could lead to bankruptcy issues around the world which could be the cause of the expected downtrend.

So in a nutsheel, we currently play out the positiveness caused by the Grand Trine and then wait for negativity to set in, when Pluto,Uranus and Jupiter get involved in  a square formation.We continue to hold Nifty and at the first hint of trouble in Nifty, we sell off and switch to shorts later, once the Grand Trine is over.

Happy trading!