Crude seems to be in the final leg of wave c. It is expected to bottom out 9 months from now, in November 2015.Green shade represents the upmove period from 2000 to 2008 and the purple shade depicts the time period of correction from 2008 to the present period. We see that the corrective period equals the uptrend period, more or less.Since corrections take longer than up-moves, we expect the bottom for Crude to be sometime in November or early December 2015. 80 to 90 is a severe resistance zone- so right now crude is for trading and not for investing.
This also means that the current uptrend is only corrective and crude should resume its downtrend after this upmove. That ought to be c of c and may bring crude`s downward trajectory to an end.
Tuesday, February 17, 2015
Monday, February 16, 2015
Nifty Astro Technicals Feb 16 to 20, 2015
On February 13, 2015, Mars has moved into Pisces. Here it
will move through Jupiter, Saturn and Mercury stars.
We see that Mars in Pisces will form a peak and then a down
trend starts in most cases.
On February 16, 2015, Venus ingresses into Pisces as well.
Venus in Pisces also corresponds to a peak formation and a down trend later on.
February 19, 2015, 05.17.08 am. We have a New Moon in
Aquarius. This New Moon triggers the mid-point of Uranus Pluto square. At 12.57
hours, the same day, Moon will be the closest to the Earth. This could increase
the intensity of the New Moon. New Moon is in Mars star, and Mars is in Pisces
in the star of Saturn. So we may expect more news of reforms, some of them
radical. Since Saturn and Mars are involved will it be a little bitter?
Also Rahu is in the mid-point of Jupiter Saturn formation.
So there is confusion in the minds of powers that be as to the next course of
action. While Jupiter wants to give, Saturn does not want to. And Rahu acts
exactly like Saturn. So any economic news may be taken only with a pinch of
salt.
Anyway Sun is also in the midpoint of Uranus Pluto square.
So it is something to do with Governments. My take is it will lead to more
global bullishness.
On February 22, 2015, Mars and Venus are conjunct. Market
tends to move up in the short term, after the conjunction.
On February 23, 2015, Sun squares Saturn and that generally
corresponds to a peak within 3 to 4 days and a jerky fall immediately.
So the current uptrend looks to continue till the weekend or
at best till early next week after which a short term pull back can occur.
Be on the watch out on February 19/20 also for any sudden
pull back caused by the New Moon.
Next week and into March first week we have several
important aspects coming up. My take is that volatility should increase from
here on, notwithstanding the budget.
Still expect volatility spikes. . so be careful with your trades.
Let Lord Shiva guide you all the way from this Maha Shivaratri!
Thursday, February 12, 2015
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.
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...
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.
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....
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.
Wednesday, February 11, 2015
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.
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.
Sunday, February 8, 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.
Subscribe to:
Posts (Atom)