Dow Jones and Gold charts Feb 2015

We had last seen Dow Jones on November 27th 2014,which is available in this link...

http://niftyastrotechnicals.blogspot.in/2014/11/astro-technicals-of-dow-jones.html

Nothing much has changed with the Dow. We had expected the Dow to face resistance at 18000 levels.That is what happened. Dow turned down from 18000 and had gone down up to 17037 and is now attempting another go at 18000.As I write this article, Dow is at 17934.
So, how do the charts look now?

This time round, Dow may break 18000 and march towards 18650...

In the hourly, we see that Dow has broken out of the descending channel convincingly.

Look at the astro chart. Jupiter is in 22 degrees Cancer, while the Ascendant is at 25 deg Cancer. In April, Jupiter is becoming direct. So it will lord over Dow Jones. Jupiter happens to be a significator of 6 and 9th house.So generous price appreciation is to be expected. Also Rahu will move into the second house shortly. Since Rahu is in Moon star, this movement also may cause bullishness.Once the congestion in the 8th house dissipates, Dow is saet to take off. So we may expect other world markets also to follow suit.

Gold is a totally different market, altogether...

As can be seen, Gold is about to commence first wave of c..This means that Gold may go below $1000.

Nifty Technicals Update Feb 12, 2015

This is an updated cycles chart.Due to the interplay between the smaller blue cycle and the longer and more powerful red cycle..(blue wants down and red wants up), Nifty is treading water at 8600- 8650 levels. Eventually the red cycle direction may prevail.Comparing with the previous red cycle and Nifty behaviour, it looks to be a more sedate rise, cycles wise, rather than spectacular and Nifty may or may not cross the previous top in one go. Actually it is academic because as a trader, I would simply hang on the coat tails of Nifty and go where she goes.Wave wise, the drop to 8400 levels was wave d and the next rise should be wave e and it may cross the previous top.

Wockhardt --Feb 11, 2015

Pictures speak louder than words. Wockhardt is in a corrective mode. Look to see if it tops out somewhere between 1600 to 1800 in the current upmove. Then wave c should begin down in a prolonged correction. So short term is up, but medium term is down..
Friends, it is extremely difficult for me to keep analysing individual stocks on specific requests. Paucity of time is the major reason. Despite  mentioning this several times, I keep getting such requests!So,  I intend to start an analysis section for stock  specific requests, but it may not be for free.Also the service will commence only after April, 2015, when Jupiter becomes direct! If you are interested you may contact me at my mail id, tekkiesuresh@gmail.com.
Sorry, but there is no other way...

LT An update Feb 11, 2015

This is an update and course correction for the views given on LT in the following post:

http://niftyastrotechnicals.blogspot.in/2015/01/astro-technicals-larsen-and-toubro.html

Let us see how LT is likely to fare in the coming days....

LT has ended its long term correction and is now in a new impulse. Currently we are close to topping out in wave 1. Some correction in wave 2 should bring the stock down. It should be an excellent buy later in the year, for a prolonged rise.

 For the very short term it is a buy, but be careful of overhead resistance at 1740 levels. That should be a temporary top for a second wave reaction.

Ashok Leyland- an astro view

Ashok Leyland a technical view ( February 10, 2015)

Since the long term chart is showing that wave 3 has ended and 4 has begun, it would be prudent for investors,to use the imminent upmove on budgetary conditions to get out of Ashok Leyland for the time being. For the short term of a month or so, Ashok Leyland can be bought and possibly sold off post budget.
After the 4th wave, which may last a few months, (fewer than wave 2 because wave 2 was complex and so wave 4 could be simple) Ashok Leyland could be bought for the medium term and ride wave 5 upwards into 2016.  If Ashok Leyland is available between Rs 45-50 after the budget correction, it may be a good medium term buy.

Nifty Update February 10, 2015

Havells India Astro Technicals

Havells has an interesting stock market chart. Lagna is Taurus and Yogakaraka Saturn is in the Lagna! ( He also has a dualistic 12th house role).lagna lord Venus is in the 11th and is exalted. Fifth lord Sun, is also in the 11th, with Venus.So the stock has great performance potential.Jupiter and Ketu are troublesome, since they represent 8 and 12 houses. Since Mars owns 7th house,it implies neutrality.

Currently Havells is going through Rahu dasa, Saturn anthara and Mars sub period.

Rahu is in Moon star in the 5th.Saturn is in 7th and Mars is in Jupiter star which is a malefic.

After the present down trend which is a correction,  Havells can be accumulated 

Long term wave counts suggest that Havells has made a top.Correction has started currently.

Daily chart shows the wave counts broken down ...we seem to be in wave c of a, in the downtrend. 

Aurobindo Pharma update

Last time we had mentioned that Aurobindo shall touch 1238 and then reverse into 4th wave. Actually it went up to 1275 and now has closed at 1109.Looks like 4th wave has begun. First level should be 23.6 % retracement level of 1008. Since wave 2 was simple, as per alternation theory, wave 4 could be complex and time consuming.

Astro wise, Aurobindo is going through Rahu Dasa Venus antara, upto October 30, 2017. Rahu is currently in Moon star, and Moon is a 12th house significator. By July 14th, Rahu will move into Sun star. By July 28th, 2015, Venus will become retrograde at 06.38 degrees in Leo, in the star of Ketu.Aurobindo may start improving from then on. Currently use every rise to lighten positions.
Let us wait for one more bear candle in monthly to confirm long term counts.

Biocon Update Feb 06 2015

Biocon looks to bottom out in the 390 to 400 range. Wave 5 of 3 should begin soon. Expected target is 550 levels.Those levels should see the culmination of wave 3.