Wednesday, September 17, 2014
Sunday, September 14, 2014
Nifty Astro Technicals September 15 to 19, 2014
Astrologically, we are entering a very volatile period. We should initially see some down movement, followed up up movements, which may culminate in a top, post the New Moon of September 24th. In any case, by October 06th, several planets will be transferring energies to each other..Jupiter trine Mars,Mars square Chiron,Sun square Pluto, Sun opposition to Uranus,...and this may have a declining effect on the markets..a decline which is more pronounced than the ones we have seen so far.
Let us look at the time period, in the immediate future...
How does the technical picture look like?
If we continue with the diametric patterns from 2008 top onwards, then we are in the final leg of Major wave F, which itself is looking like a diametric now. We are currently in the d leg of g of F.
Considering the impulse alternative,this is the picture I see...
According to both options, we should see Nifty going lower immediately, and then reversing to new all time highs.
Since Iam now biased more towards the second option, I have the charts here for other time frames as well....
These impulsive projections seem to point out to 8400-8500 points for Nifty that too in the period, October 2014, preferably before end of second week of October 2014.
I just tested this projection with some other methods also...
Look at the monthly pitch forks...
Weekly arcs drawn from November 2010 top, and 2012 bottom of 4571, project 8500 as a significant level.
We seem to be approaching a major top.Yet I believe that after a good correction from a 8500 top, Nifty may race forward again to touch 10500 by 2016...That also coincides with the 8 year cycles.1992-2000-2008-2016..
Let us look at the time period, in the immediate future...
If we continue with the diametric patterns from 2008 top onwards, then we are in the final leg of Major wave F, which itself is looking like a diametric now. We are currently in the d leg of g of F.
Considering the impulse alternative,this is the picture I see...
According to both options, we should see Nifty going lower immediately, and then reversing to new all time highs.
Since Iam now biased more towards the second option, I have the charts here for other time frames as well....
These impulsive projections seem to point out to 8400-8500 points for Nifty that too in the period, October 2014, preferably before end of second week of October 2014.
I just tested this projection with some other methods also...
Look at the monthly pitch forks...
Weekly arcs drawn from November 2010 top, and 2012 bottom of 4571, project 8500 as a significant level.
We seem to be approaching a major top.Yet I believe that after a good correction from a 8500 top, Nifty may race forward again to touch 10500 by 2016...That also coincides with the 8 year cycles.1992-2000-2008-2016..
Wednesday, September 10, 2014
Tuesday, September 9, 2014
Nifty Astro Technicals September 08, 2014
As expected, Nifty moves up with a gap. Looks like minute wave v has begun.Here are a few updates, which are self explanatory.
Sunday, September 7, 2014
Nifty Astro Technicals September 08 to 12, 2014
Nifty continues with its positive to sideways movement in the week gone by.
Let us see the astro indication of the coming week.....
Full Moon on September 09th, could see a temporary bottom..
Looking at the long term trends of Nifty...
November 2010 top is getting squared with time and price, only in October/November of 2014. This means the trend change for long term can be expected only then.
Friday, September 5, 2014
Nifty Astro Technicals September 04, 2014
After 6 upward daily candles, Nifty formed a Hanging man pattern today. Since no trend line break has happened, the bias is still positive...
Minimum target of wave 3 seems to 8261.
Here are a couple of interesting Gann angles charts....
Tonight, at 2 am, Mars will move to Scorpio, after a frustratingly long sojourn through Libra.
Minimum target of wave 3 seems to 8261.
Here are a couple of interesting Gann angles charts....
Thursday, September 4, 2014
Nifty Astro Technicals September 03-Mid week review
Iam reproducing two graphs of August 22, 2014.....
Nifty has crossed 8030 decisively and the current upmove shows relationship with wave 01 in 161.8% ratio.Anticipating that the upmove could persist into September 2014, Iam showing here the alternate ( to the diametric, that is), Neo wave counts, if the current wave is impulsive..we had considered this alternative some time ago...This is shown in Weekly, daily and in 30 min charts.
We are in wave 3 of 3, which could be highly impulsive and strong.Every dip is a buy..At the same time, since Nifty has already formed 4 bull candles in Weekly charts, some profit taking cannot be ruled out.There are two other factors which point out to this fact..
1.The Sun is in waning trine to Pluto and
2.We are in the 53rd week from the low of 5119.
So a long term cycle top may form by September 12th or thereabouts.
However, the next major aspect, Uranus trine Jupiter, is also a positive signature.
This will play out only in the first week of October.So, any reaction to Sun Pluto trine could be an opportunity to go long.
For the moment, Nifty continues to be on a buy on dips mode.
1.The Sun is in waning trine to Pluto and
2.We are in the 53rd week from the low of 5119.
So a long term cycle top may form by September 12th or thereabouts.
However, the next major aspect, Uranus trine Jupiter, is also a positive signature.
This will play out only in the first week of October.So, any reaction to Sun Pluto trine could be an opportunity to go long.
For the moment, Nifty continues to be on a buy on dips mode.
Tuesday, September 2, 2014
Sunday, August 31, 2014
Nifty Astro Technicals September 01 to 05 2014
Another eventful month had ended.We are in the 13th month since the low of 5119 formed on August 28, 2013.If the time cycles are expanding, then the weekly sub cycles should also increase in number..
If so then there is every chance that the monthly cycles also could extend beyond September.
If so then we are looking at a much bullish picture.
Looking at Monthly Gann Angles,
Nifty is approaching it`s long term 45 degree line..this is not a reversal point yet..Nifty could hug the line and travel farther...so there is no immediate clue here either..
Looking at Astrological indications,
Slow moving outer planets and the Nodes ( Rahu and Ketu) must be involved in more than one kind of aspects for a significant top or bottom lasting several days or weeks, to form.As can be seen from the chart above, the skies are clear in September, as far as long term planets are concerned.The next significant formation is the Uranus Jupiter trine. While this begins on September 17, it actually becomes exact only on September 26.Market effects are generally seen 5 to 8 trading days thereafter.That would take us into the first week of October.
Now October seems to be a different ball game..
There are several significant aspects coming together..as shown in the chart.This may be analysed in a future post.
So we may cautiously conclude that September seems to be a month where the bull trend would continue.
Turning our attention to the short term...
Starting from the astro factors...
If we look at the immediate past, we see the following aspects:
August 23: Mars trine Chiron
August 26: Mars conjunct Saturn
August 26: Venus trine Uranus
August 26: Venus square Mars and Saturn
August 29: Sun opposition Neptune
September 03:Sun trine Pluto + Minimum Lunar Declination
September 05: Maximum Lunar Latitude
First two are the only ones which involve outer planets. Since the Nodes are not involved, there will be time delay in activation.Since the planets involved are mostly fast moving planets, inside Earth`s orbit, the effect could be shallow and or short lived. We saw a very short reaction in response to Venus Uranus trine. I expect a slightly larger reaction since (Mars and Saturn are involved), but not a trend reversal. (Support levels are given in the charts above.)That too for a very short period.It may manifest this week. If it does not, then we have to assume that the effect had already happened, in moving the trend from up to sideways.
Any which way, even if it happens, it must be taken as a buy on dips strategy and get on to the band- -wagon.
Aspect clusters are shown as A, B and C to delineate the different type of effects they have had on Nifty when they were operational.
Last week we saw how the current up move, is a break out of an Irregular triangle and how it could actually target 8200+. We also saw, how if this upmove crosses 8030, then the Impulse wave 3 of the alternative bullish option, could extend.
Here are couple of 30 min charts for better understanding. Iam persisting with the Diametric option open, till Nifty crosses September.
If so then there is every chance that the monthly cycles also could extend beyond September.
If so then we are looking at a much bullish picture.
Looking at Monthly Gann Angles,
Nifty is approaching it`s long term 45 degree line..this is not a reversal point yet..Nifty could hug the line and travel farther...so there is no immediate clue here either..
Looking at Astrological indications,
Slow moving outer planets and the Nodes ( Rahu and Ketu) must be involved in more than one kind of aspects for a significant top or bottom lasting several days or weeks, to form.As can be seen from the chart above, the skies are clear in September, as far as long term planets are concerned.The next significant formation is the Uranus Jupiter trine. While this begins on September 17, it actually becomes exact only on September 26.Market effects are generally seen 5 to 8 trading days thereafter.That would take us into the first week of October.
Now October seems to be a different ball game..
There are several significant aspects coming together..as shown in the chart.This may be analysed in a future post.
So we may cautiously conclude that September seems to be a month where the bull trend would continue.
Turning our attention to the short term...
Starting from the astro factors...
If we look at the immediate past, we see the following aspects:
August 23: Mars trine Chiron
August 26: Mars conjunct Saturn
August 26: Venus trine Uranus
August 26: Venus square Mars and Saturn
August 29: Sun opposition Neptune
September 03:Sun trine Pluto + Minimum Lunar Declination
September 05: Maximum Lunar Latitude
First two are the only ones which involve outer planets. Since the Nodes are not involved, there will be time delay in activation.Since the planets involved are mostly fast moving planets, inside Earth`s orbit, the effect could be shallow and or short lived. We saw a very short reaction in response to Venus Uranus trine. I expect a slightly larger reaction since (Mars and Saturn are involved), but not a trend reversal. (Support levels are given in the charts above.)That too for a very short period.It may manifest this week. If it does not, then we have to assume that the effect had already happened, in moving the trend from up to sideways.
Any which way, even if it happens, it must be taken as a buy on dips strategy and get on to the band- -wagon.
Aspect clusters are shown as A, B and C to delineate the different type of effects they have had on Nifty when they were operational.
Last week we saw how the current up move, is a break out of an Irregular triangle and how it could actually target 8200+. We also saw, how if this upmove crosses 8030, then the Impulse wave 3 of the alternative bullish option, could extend.
Here are couple of 30 min charts for better understanding. Iam persisting with the Diametric option open, till Nifty crosses September.
Wave f had consumed 338 half hour bars and wave g has so far consumed 200 bars. For equality we have another 138 more bars to go, which is 13 trading days.That is by September 17th.( That is the beginning of Jupiter trine Uranus..Is it a coincidence?).In this option, wave a of g had done an abc and had ended at 7968 on Aug 25th.Thereafter wave b of g had begun and we are currently in b of g. There could be a c of g to 7850 levels before wave c of g starts.As discussed last week, this could take Nifty to 8200+ levels.
In the second option,
In the second option, wave a had ended on August 19th at 7912 and wave b of g had ended on August 26th at 7863. Since then we are in wave c of g.This will become stronger from here on. In other words, if Nifty reacts this week, then option 1 is on. If Nifty strengthens this week, then option 2 is on. Here wave g is forming a zigzag and wave c could be a very powerful one, pushing Nifty upto 8463!
In any case, all the options look bullish for the near term.
Disclaimer: This blog is purely educational. Trading or investing based on these ideas is purely at the sole risk and responsibility of the reader.
Tuesday, August 26, 2014
Nifty Gann Lines August 26 2014
Nifty has broken the 45 degree support line and is now moving towards the 22.5 line.7929 is an important resistance and 7830 is an important support.7830 or 7700 could be the end of b wave of g and then c should start towards 8200...
Apart from forming a square to Mars -Saturn conjunction , Venus also forms a trine with Ketu- Rahu axis. Short term trend continues to remain bearish.
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