Nifty Long term chart

Europe looks shaky. Gold and Silver have entered multi year bear market. Commodities are all down. Crude is entering a bear market.If S&P closes below 16334, then it is going to go into a reversal mode.
So what about Nifty? To understand I had looked into very long term charts of Nifty.
Here is the chart.
See how the bull trend respects the 45 degree parallels.A few more months of upmove is left before it tops out.January 2015 seems a likely month.

Nifty Technicals Oct 13 2014

Nifty Astro Technicals October 13 to 17, 2014

It had been wild since September 26, 2014. But then we had been expecting such high volatility from an astro perspective. This week we may start seeing the beginning of the end.But it ain`t over yet.
Let me explain, what I meant...

 
I had been pointing out the destabilising effect of Rahu when the faster planets conjunct with him. It began with Mercury conjunct Rahu on September 16.Last week it was the turn of Sun.
If we see the chart on the left, you we see Rahu and Sun are still conjunct...Look how Mars and Moon add fuel to the fire!
Then   at 22 degrees, Venus is waiting her turn to confront Rahu. This will happen as the week progresses.Also I had pointed out last week that Sun Pluto and Venus Pluto squares are completed. So we are in the time band for a trough. Which means mid week we are in for a bottom..By the week end, Mercury retro meets his Master, Sun.That also should aid the reversal.Still a sustained reversal is some time away..Maybe we should be out of shorts by mid week and reach a wait and watch zone.
Here are the chart updates...

Maximum slippage I expect is 7835. If Nifty closes below this, then I think it is more bearish than we thought.
Or else, after some base formation, expect the next upmove to 7956 levels, after some resistance at 7920 or thereabouts. This is just a forecast..not a prediction. So be absolutely sure to commit money, only if you see the market moving as per the expectation..In such volatilie period. stop loss is a must..

Nifty Astro Technicals update:October 09, 2014

If there were a roller coaster, then this is the one!
Just look at what the Dow is going through....

In all my recent articles I had been emphasizing on the volatility in world markets, Nifty included..While such volatility is difficult to explain ( not impossible) technically, Astrology provides ready answers.Our humble pranams to those great Masters who had revealed so much to us!
Have a look at this Astro Technical Chart....

Mars Uranus trine
Sun Uranus Opposition with Lunar Eclipse
Sun conjunct Rahu
Venus square Pluto

I think we are about to see  one more bottom, before a take off.
Better fasten your seat belts. You could be blown away!
And never trust a trend when Mercury is retrograde. He is known as the Universal trickster.He is retrograde in Libra. It is all about balance!


Here is an immediate chart....

 7910  and 7843 are immediate supports. Time limit  2 days.

Astro Technicals- Hindustan Unilever- October 07, 2014

Let us look at another stock, a famed multinational FMCG Company from a technical perspective..Iam referring to Hindustan Unilever Limited..

 What strikes us first, is that the long term price and time seem to be squaring. Which means Hindustan Uni Lever is in a major topping out process.Not too much of upside left for the moment...
What do the waves say?

 Yes, the waves also seem to confirm..we are in the 5th of a long term Elliott wave formation...Soon HUL has to start correcting.What could make HUL to correct? No idea...but something is definitely cooking.

This is how the parent is looking like....

Seems to be in 4th of fifth..Next up move may be used to exit positions from HUL.

Here is an astro analysis of HUL...

Trade harmoniously and safely!

Nifty Astro Technicals October 07, 2014

An update of our post of October 01...

An update of the momentum charts.....

Nifty Astro Technicals ICICI October 06 2014

We will look at another stock here, which moves in sympathy with Nifty most often...ICICI

In the monthly chart, we see ICICI completing wave 1 of a new impulse. Currently it is in wave 2..After the long term wave 2, ICICI is in for a fine upmove when bigger wave 3 starts.

Weekly chart shows the impulse divisions of wave 1 and the 38.2% retracement level for the current move. 1361 should be an important level.

Daily chart shows the down move labelling.Wave a should bottom out around 1361 levels and then an upmove of b should start. This can go up to the recent top...

30 Min chart shows further break up of the current wave c. Whatever immediate improvement we see should only be shorted. We may wait for wave c to be completed, before embarking on a positional buy.

Good luck!

Nifty Technicals October 07 to 10, 2014

We first look at a comparison between S&P 500 and Nifty on a monthly scale. This is just to identify how the cycles stand relative to each other...

As can be seen, the current monthly cycles of S&P 500 are earlier to that of Nifty. S&P had bottomed out earlier and may top out earlier as well. Iam not suggesting that S&P is going to top out now.It is perfectly possible that the US Index will warn us beforehand in case of a long term reversal.
Since long term planets are not sufficiently engaged with one another, Iam skeptical of projecting any long term reversal in both indices. Still this study tells us that possibly the S&P may top out first.
On another count, have a look at Dax Monthly here...

In the context of astrology, these synchronicities may only be explained if astro factors which affect all of them universally is considered. And those are Aspects. Aspects are the same whatever be the Ayanamsas considered.
Before we get into the counts, let us look at the momentum charts..

 

Looking at the wave counts,

Even though I had shown here three angular supports, I expect 7845 to hold or at the worst, 7785. It is highly unlikely that we may slip to 7700 and below. But then market is always supreme. 

It pays to keep an eye on the 144 days average....

Finally a look at the time price square indicates that 7875 and 7843 can be important levels.

To sum up, 

1. We seem to be in the final leg of wave 4

2. Weekly momentum is negative. We wait for the smaller time periods to fall in line with the weekly, before venturing to buy anything.Till the weekly bottoms out, all upward movements are safe shorts.

3.Price wise 7875 and 7843 are levels to watch.

4.Astrologically, upto October 13, we are in a very volatile period. Positional trades can be taken up after October 13th.

5. Iam yet to see evidence of a major top in the making. Larger time planets indicate this could be some months away. 

6. These are just my understandings.Let me state they are not recommendations. Errors and omissions are to be expected!

In the meantime, have a great holiday and enjoy the dynamics of October!

I would love to receive  feed back.Do let me know your mind.

Nifty Astro views- October 07 to 10, 2014

At last, September is over. It had been a significant month where we were on the edges of our seats as far as trading is concerned. There were so many views flying thick and fast, stating that we are hitting a top and severe market declines are round the corner. Entering October, the uncertainty has only increased. One thing is certain. The more we move away from September, without a significant market correction, the more is the certainty that we are in a new bull market. I continue to rely on aspects and signs primarily because we are in a connected world and what works universally works for our markets also.

Let us start a day by day astro look from September 23 onwards and see how things look:

By 23^rd September Pluto turns direct. This is a significant signature suggesting reversals. Market reverses downward again. So the reversal which began on September 08, is helped by Rahu afflicting Mercury and now by Pluto becoming direct. So the negativity looks like continuing unless something positive happens.

By September 25, Venus moves into Virgo, her house of debilitation. So now, we have Mercury weak because it has moved out of exaltation, Sun, not as strong, because he has moved out of Leo and is moving to Libra, his sign of debilitation and Venus, weak, because of her debilitation in Virgo. Venus and Sun have to confront Rahu, while Mercury had already had his stomach full. All of them have to face opposition by Uranus as well.

So the negative trend will continue.

October 2014

We begin the month of October with several global issues, the latest being the Hong Kong protests. I have been pointing out the abrasive effects of Mars-Uranus and Jupiter all being in water signs from a KP perspective and in Fire signs from a Sayana perspective. All it means is that the energies of these planets flow easily and seamlessly and so the effects will be that much more pronounced. Uranus signifies revolution and Mars will only push the limits further. Jupiterian energy will only expand it further. Look at the inhuman actions shown by the ISIS Militants in the Middle East. No one is willing to give an inch. As pointed earlier some of the fast moving planets are all getting into weakening positions and that does not augur well at all.   The only hope is Saturn, who rules structures, who is still in his exaltation sign. So no far reaching structural changes would happen whether in the broader world or in the market world, yet.

October 02 Mars squares Chiron.. More of wounds and war.

October 03: Mars joins Uranus in a trine. Jupiter is about to leave the trine. Sun squares Pluto. This suggests more intensity. Markets which are falling will continue in the same vein.

October 04: Mercury begins its retrograde motion. Whatever trend which begins now, may have to be revisited by October 16, when Retrograde Mercury conjuncts Sun. Importantly, this Mercury activates the Saturn-Uranus midpoint at 08*of Capricorn. That Moon is present in the vicinity is no help at all.. In addition, Mercury is in its extreme declination at 16.47 hours, today.So more stress is in the offing in this retrograde.

October 05: Jupiter Uranus trine ends. Mars instead begins a trine with Uranus. So spectacular fireworks will continue. Effects will be seen on Monday.

October 06: With already a square with Pluto, Sun opposes Uranus. This could be extremely volatile to say the least. Stop losses will disappear in a jiffy and markets could move in both directions. Looking into other astro formations, I favour declines to happen. Such effects are not seen on the day of the formation but a little later. Mostly a third planet will channelize the energy and cause it to manifest.Moon is increasingly important this month because of its involvement in two eclipses, Lunar on October 08 and Solar on October 23. On this day, Moon is at its closest distance from the Earth. So collective psyche will be affected.

October 07: It is now the turn of Venus to square Pluto and force a standoff. Now this is the first signature which signifies a powerful trough nearby. It is time to be careful of shorts, but usually the trough forms at least after 5 trading days.From the chart below, we see how Uranus and Sun are getting into an opposition. On this day, October 07, Uranus gets into its declination extreme. This only makes the effect of Uranus more pronounced.

October 08: This is an interesting day.
The Sun Uranus opposition energy is channelized by Moon opposing Sun and Rahu being very close. Full Moon happens a little before the Lunar Eclipse, at 16.21 hours.
In other words we have a Lunar Eclipse which is opposed by Uranus..

And that Uranus is in trine with Mars.

And that Mars is in trine with Jupiter!

Do we need more proof of volatility?

This Lunar eclipse occurs just on the horizon or below the horizon. So the slanting rays of the Sun which gives a reddish hue to the Earth due to refraction because of dust in the atmosphere, gives a reddish reflection on to the Moon. So the Moon may appear red wherever it is visible. This is called a Blood Moon and it is supposed to have evil portends.In fact we are in a Lunar instability period from September 29 to October 20, 2014.   

October 09: Ketu joins Jupiter and Mars in a trine. Rahu comes to the midpoint of Jupiter and Mars. Market reversal is nearby if not on already. Cover all shorts and let us get ready for a reversal. But wait till Sun passes Rahu. They are just less than 3 degrees apart.

October 10: Venus does what the Sun did. She manages to hold Pluto in a square and also opposes Uranus. This is one more sign of a reversal.

October 13: Sun would have passed the Rahu Ketu axis. He is in trine with Moon who also is in opposition with Mars. Markets may turn up today, but may fall again when Venus comes in contact with Rahu. In other words, this formation favours a double bottom.Moon also is at its maximum declination.

October 14: A remarkable day when Ketu opposes Venus, Sun and Rahu. Trines with Mars and Jupiter. This again is a sign of a big reversal.

October 15: This is the day when Venus also conjuncts Rahu. Now there is only one more conjunction left. That is when Mercury comes back to conjunct Rahu.

So all the pent up reversal energies may possible erupt and may propel the market upwards.

In short our astrological expectations are for the market to decline, form a double bottom and then climb up again. All this could happen between October 07 to October 16.

Remember however that several aspects involve Uranus and Mars here.

So be prepared if the market takes a totally different series of movements!

Have stop losses and confirm the expected moves technically.
Here is a chart which shows Nifty dasa movements in October 2014...

Do trade carefully, because the skies do not look stable right now.

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.