Reliance Update August 30, 2016

Both wave wise and Angles wise, Reliance is in an interesting place now.

Nifty Wave Counts August 30 Update

Since March 2015, Nifty has been forming a series of complex corrective waves, which are now grouped majorly as ABCD and E.Right now we are in wave D.  Wave D is already bigger than wave B. This means wave E could be a shallower affair than if it were the last leg of an expanding triangle. It will be a variance of a Neutral triangle with possibilities of E wave failing.This had started from 6825. Formed five  internal waves, abcde. Corrective down move was Brexit event.Since the market recovered, we started one more abcde combination. Connecting the first set of waves with the latest ones in the x wave.In a complex corrective, there can be a maximum of 2 x waves.
Currently we have completed wave d and are in wave e upwards.
Once this wave e is completed. then Nifty can do two things.
1.Come back to the 0-x line form a bottom and reverse upwards into yet another abcde or even diametric formation. That could immediately take Nifty very high. For that to happen, Nifty must break out of 8750.
2.Or fall from wave e, break the 0-x line and travel down swiftly, taking out the last up move in faster time. Then we will be in wave E downwards,which can go all the way to 8000.
For that Nifty should take out 8543 convincingly on its way down.
I had posted this chart, since we are at an important inflexion point.

Nifty Futures Wave counts

Nifty Relative Performance

Nifty Long term Angle chart as of Aug 12, 2016

Solar and Lunar Eclipses September 2016

In fact there are several interesting astro formations happening within the next 2 weeks! Hold on to your seat belts!

FII Inflow....

Long Term Cycles again...

The subject of cycles of planets is an endlessly fascinating subject. While the long term cycles give us an indication of whether to invest or not ( as opposed to speculation), cycles of fast moving planets indicate the medium and short term outlooks quite clearly.
We did touch upon this subject in the post of July 18th, and let us look a little more deeper into this now.
The three primary cycles which we are concerned now, primarily are
Saturn and Neptune in a kendra
Jupiter and Saturn which were in a kendra and have since moved away  and
Jupiter and Pluto in a triangular arrangement which also has concluded as of June 24th..
Market effects as we know is the composite effects of all these cycles acting simultaneously..
So what can we deduce from each of these cycles, taken separately and one by one.
Saturn Neptune cycles of the past...

We see very long term cycles get culminated and a cycle top is made 6 to 9 months after this passage.
This is a hugely important cycle and we should not just reduce its importance to some minor daily effect alone.
Jupiter Pluto cycles of the past...

We see, after the aspect is formed mostly in several passages due the frequent retrograde effects of both these slow guys, market forms a big top some 7 months later on..
One of them was the birth of the huge bull market of 2003 which rewrote the history of our stock markets forever.
The third is the well known Jupiter Saturn squares...

 
Again, we see the markets rising into a top six months later to this formation...
Ok, these were all cycles from the past...
what do we have now?
All the above three cycles are acting simultaneously!
In 2016!
Look at these charts....

Each of the aspects are pointing towards a rising market into  2017 !
And they are acting simultaneously, thereby greatly potentiating the effect!
So it looks like we have a great run ahead of us! Whether there is GST or not!
In fact we can conclude some safe bets here...
If  markets have to rise, then we cannot have a wild card President in the US. So US looks like it would elect its first woman President!
Deutsche Bank  or those  other banks of Europe are not likely to cause a global melt down.
Huge liquidity might continue to fuel the market, growth or no growth.
We conclude here that the slow moving planets do have a lot of information and help us gather insight for a longer period of time.
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Nifty Reversal ?

Long term Planets decide. All the rest follow..

Slow ,moving planets bring in fundamental changes in our thinking, attitude and in interaction with each other individually and as groups. 
Our actions and non actions flow from our thinking.
Attitude is nothing but crystallized thinking.
Economical changes, natural calamities ( yes natural calamities are also brought upon ourselves by our collective thinking) political changes and stock market gyrations are all outcomes of our actions and non actions.
Planets influence our thinking. That is why they have an effect on the market.
Slow moving planets therefore bring in fundamental changes in market actions.
All time highs, major bottoms are all part of fundamental changes in market parlance.

See how just two long term planets effect the markets in course of their synodic cycle.
Cycle begins on March 03, 1989 and ends on  Feb 20, 2025.

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