Astro Technicals Biocon September 29, 2014

Some of the readers of this blog have been asking for analysis of specific stocks, apart from the Nifty.Accordingly Iam posting the charts of one stock today. Some others shall follow.We will begin with an investment perspective first.Trading ideas can be discussed later.
The stock taken up for review is Biocon.As usual I shall post some charts with brief descriptions.

  One of the first thing which strikes us from a long term perspective is that, the long term price cycle is coming to an end.Biocon is in the third impulse wave, within which it is forming the fourth wave. In the months ahead, it may travel  down to the 420/430 levels again before a final 5th wave inside 3 is enacted.Since wave 2 ( shown in blue numbers) was a simple affair, wave 4 could be a complex  and time consuming affair.

A closer look at the daily chart also reveals the same picture...Biocon is currently in wave b of 4 which could top out in the 515/520 range. Then it could be expected to swiftly come down to the 420/430 range.Note how the stock exhibits a mirroring tendency with the blur vertical line drawn from top of wave 3 as axis..
Here is another daily chart, from a long term view...

So as an investor, I would watch Biocon for some upticks, to offload and pick up the stock once it declines to the 420/430 range.

Nifty Astro Technicals September 29 to October 01, 2014

Last week, we had mentioned that stock prices are going to become volatile. We did see evidence of this. This truncated week is no better.And next week is going to be even worse.

As can be seen from the above charts, September 29 th is relatively calm, with some positive effect. But on September 30, Moon is close to Mars, and connected to Uranus,Jupiter and Chiron.Also Moon is in Mercury star, placed in enemy star Mars and in the 12th house.Third cusp sub lord is Moon which is connected to Mercury.This favours market decline.
On October 01st, Moon moves to Ketu star, which is connected to Mercury.Third cusp is ruled by Moon which is connected to Mercury through Ketu.Another day favoring shorts.
By October 06th , Mars trines Jupiter, increasing volatility and both ways movement,Venus squares Pluto, causing ripples in the market.This also favours trough formation.Additionally Sun also opposes Uranus.By October 05, Rahu is sitting directly on the 12th cusp
Instability caused by Rahu crowding continues.
All in all, we should favour shorting during this period.

Let us look at the levels, in different time frames....

Monthly indicates a move  up to 8400 and then a decline to 6500..Uptrend channels are also shown.

Weekly indicates a down move to 7750 range and an upmove later.

 Daily also indicates a

move down to 7860, or upto 7785 ( more likely) followed by a rise first to 8270?

5 Min chart favours an upmove to 8020/ 8040 levels before the downtrend resumes..

We conclude as follows. Technically and astrologically, we should expect the current counter up move to continue upto 8040 levels. Once there is a turn around, then we look to short the Nifty and go down along with Nifty till the 7785 levels.And then look for a more sustained rise. That could form the subject matter for next weekly discussion.

Nifty Astro September 26 2014

Situation by October 07th

Follow the momentum and cycles, but be aware of the astro formations!

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.