Nifty Astro Technicals September 25 Follow up

Here is a follow up chart to the 5 min chart I had posted intra day.Price and time cycle bottoms are seen close to the current levels of 7912 and 7870. Since there are calculation imperfections and charting imperfections, let us take the price band of 7870 -7912 as important for a temporary bottoming out zone.Remember this is a 5 min chart. Larger time zones will give us far clearer cycle pictures. We will see them over the weekend.We should wait to see if prices recover from here. I have taken the closing prices to avoid intra day spikes.
However,there are three important risk factors emerging.
1. Astro picture is getting murkier.Negative factors are increasing.
2.FII Participation has been considerably reduced.
3. US markets are showing internal weaknesses.Daily lows have crossed the daily highs for a significant number of days.
In this back ground, today`s trading will assume significance, because this is the first day of a new settlement.If 7870 is broken, then larger time cycles are taking hold.Please see the momentum charts I had posted some days before.

Nifty Astro Technicals September 25, 2014

Nifty is moving towards a 1920 bottom....Possibly a reverse irregular flat in the offing.Current leg is b of e. So c of e should move towards exceeding the 8180 levels,  possibly go to just short of 8200.

Nifty Astro Technicals September 23 2015

Two important phenomena had escaped my attention. One was Pluto turning direct.You can see in the above charts.Such a Pluto being in 15 to 16 degrees which connects with several houses ( rounded). Pluto is known for transformation and has a strong negative influence.Second was today was the day of Autumn Rquinox, a day which Gann always believed was a trend changer.
So what happens to our expectations of 8250?
It is still valid, but the time equation gets post pond a bit....

  While we had expected a down move to 8040, the extent of this down move was not anticipated.The support now is in the lower parallel line.
So the timeline of 8250 just gets shifted.

Uranus Jupiter trine is still  kicking in...Astro aspects will start becoming negative as days go by...

Nifty Astro Technicals September 22, 2014

Next time and price is slated around 8250 and the time zone is September 25, 2014 around 3.20 to 3.25 pm...

Nifty Astro Technicals September 22 to 29, 2014- Astro view

Astrologically, Monday, Moon is in Ketu star Mercury sub. 3^RD house cusp also in Ketu star, mercury sub.

Ketu is in Mercury star and signifies 12.Mercury is in Mars star and so weak. Mars is involved in a triangular aspect with Neptune and Moon. Both Neptune and Moon are known for vagueness and vacillation. This reduces the power of Mars also.

So Nifty may drift down, till noon. After that she may consolidate and go up, but not very significantly.

On September 23,2014, third cusp is ruled by Venus. Moon is in Venus-Saturn.Venus and Saturn have a sextile relationship. Saturn is in Libra, ruled by Venus. Venus signifies 11 and Saturn 10. This may be a positive day.Profit taking may emerge after 3 pm.

On September 24,3^rd cusp is ruled by Venus in 11^th. Moon is in Sun which is also signifying 11^th.Positive moves may continue. This is a New Moon day, which is exact at 11:43:39 am, during market hours. At the time of New Moon, both Sun and Moon are in Ketu sub, which signifies 11^th. 3^rd Cuspal sub lord is Venus then signifying 10^th.

On September 25, 2014, 3^rd cusp is ruled by Venus signifying 11^th. But Venus has just moved into Virgo and so is not powerful. Also Virgo is her fall house. So 11^th signification is not very strong. Moon is in Moon star and very close to 12^th cusp. So Moon signifies 12. Her Cuspal sub lord Mercury also signifies 12.Also Moon is in square aspect with Pluto. So this could be a turn day, where positivity bleeds off. Also today, Venus, Sun, Moon and Rahu are all crowded into Virgo and have   Ketu and Uranus, linked from the 7th.This makes their energies work in cross purposes. Jupiter Uranus waxing trine is exact today. So hereafter the positivity shall start waning away. Watch the trading days, 5 to 7 now.

On September 26, 2014, 3^rd cusp is in Venus star, Moon sub. Moon is not very strong, having just entered Libra.Moon is in Mars star. So are Mercury and Rahu. Both have strong 12^th connections. So Moon may indicate 12 today.

So, for me, this week should be positive overall.

However, in the first week of October, Mars is going to join Uranus first and then Jupiter in a trine formation. Sun will square Pluto as well. Mars will also engage Chiron in a square. So this is the time zone where the current uptrend could make a spectacular up-move and then reverse to begin a meaningful correction and show some cooling off. 

As can be seen in the chart above, there is crowding of planets around the Rahu Ketu axis. Whenever planets pass the axis they get destabilised by Rahu. When several planets get destabilised then the effect could be bigger. This may manifest from September 29 onwards, into October second week.

Nifty Astro Technicals September 22 to 29, 2014

Last week, we expected increased volatility and two way movements in Nifty. It continued the down move which began on September 08 and crashed swiftly to 7923, from 8180, on September 16, 2014.After forming a basing action on September 17, it recovered dramatically on 18^th and 19^th till it hit 8160 and thereafter consolidated to end the week at 8121.

Here are the wave updates....

One more view of the daily...

Here is a special chart...long term ...for Nifty

To sum up...

This week also volatility shall continue.Nifty may weaken a little on Monday and after that move up for a couple of days.Towards the weekend, correction may set in, especially if Nifty crosses 8200.

Nifty Astro Technicals September 18, 2014

Watch these resistance levels. Probable path of Nifty is indicated by the Green Arrow..Bullishness may prevail till September 23/24, where we have the New Moon.

Nifty Astro Technicals September 16, 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..

Nifty Astro Technicals September 10, 2014