All stock markets are influenced by International Fund Flows. IFFs are of course subject to planetary influences. The one influence which has international appeal are astro aspects. Among the markets there maybe less flow or more flow depending on outlooks for each country by IFFs. In other words, amplitudes may differ but turn dates tend to be similar.
There again, there maybe differences of a few days for the same kind of astro aspects. Example: DAX bottomed on March 18 whereas Dow and Nifty bottomed on March 23, 2020.Dow and Dax peaked on April 29, whereas we did it on April 30.Dow and Dax bottomed on May 14th whereas Nifty did it on May 18th.
Looking at amplitudes,
The Dow is the least performer among the top three US Indices.While NASDAQ is primarily Domestic Institutions, S&P is essentially retail and the DOW is International Funds.
This only means there is still some reluctance from International Funds into Dow and this could be an important consideration going forward.
Fibo time extensions of various lows of DOW point out June 08 and 09 to be important dates.
If the Retro Venus Sqr Mars right now with a Penumbral Lunar Eclipse of June 05, does not slow down the market, then it can only be slowed down by Sun square Mars of June 08-10.
As mentioned in previous blogs, we still continue to believe in one more leg up in June.
For that we need some moderation in the bullishness now...
With Kaala Sarpa Dosha out of the way, issues other than Corona have started to come afore..We continue to remember that we are still under the influence of Saturn-Pluto-Jupiter conjunctions.
Nifty will continue to follow the mother market..
Thursday, June 4, 2020
Sunday, May 31, 2020
Waxing and Waning Cycles of Long Term Planets
When the Moon conjuncts Sun, we have a New Moon.After the Conjunction, Moon moves away from the Sun. That period is called Sukla paksha or waxing phase.
When the Moon reaches a point 180 degrees away from the Sun, we say Moon is in opposition to Sun and that is Full Moon. After that Moon moves towards the Sun forming Krishna Paksha or waning cycle.
Similarly long term planets like Jupiter, Saturn, Uranus, Neptune and Pluto also form waxing and waning cycles to one another.
In this post we examine the waxing and waning cycles of other planets with Pluto, "the Ultimate Transformer."
This is the longest cycle. Pluto Neptune waxing cycle began in June 1892 and will end in an opposition by August 2141 with Pluto in Taurus.This is toooooo long for us to consider!
Waxing phase ends by September 2046.When larger planets are in waxing phase, that is good for the world, because transformation happen in a positive way. Compare it with 1939-45, when Uranus was in a waning phase with Pluto..There was transformation caused by World Wars..transformation by death and destruction.
Anyway these are generational planets and their effects are generational, to say the least.
Saturn and Jupiter cycles to Pluto are more interesting because we could relate with out timelines and we can measure performances over economic indicators such as Stock Indices.
We can see all other outer planets, Saturn, Uranus and Neptune progressively waxing away from Pluto.
During the entire Jupiter waxing phase with Pluto,between 1995 to 2001, market just meandered around..
Jupiter waxing phase of 2007 sees two bear markets and recoveries but the 2008 top does not get taken out during the Jup-Pluto waxing phase.
Jupiter-Pluto waning cycle of 2013 takes the market from the 2013 bottom to a 7 year top in January 2020 till Saturn conjuncts Pluto.
Soon after Saturn Pluto waxing cycle commences, markets take a multi month dip and after that they attempt to cross previous highs provided there are no Jupiter Stations nearby.
If there is a Jupiter cycle like we have now, then after the fall, market struggles to get up for a while.
For a Jupiter-Pluto series with three passages, we find that market dips into the conjunction every single time. Market tries its best rally attempt between the second and third passages.
So Saturn, a first rate malefic will pull the market up along-with Pluto, another malefic. And Jupiter, the Great Benefic will combine with Pluto and pull down the markets in the long term. So we expect huge volatility and ups and downs with upward bias from March 2020 to July August 2026.
So great times for traders and short term investors but not so good for buy and hold type of investors!
When the Moon reaches a point 180 degrees away from the Sun, we say Moon is in opposition to Sun and that is Full Moon. After that Moon moves towards the Sun forming Krishna Paksha or waning cycle.
Similarly long term planets like Jupiter, Saturn, Uranus, Neptune and Pluto also form waxing and waning cycles to one another.
In this post we examine the waxing and waning cycles of other planets with Pluto, "the Ultimate Transformer."
This is the longest cycle. Pluto Neptune waxing cycle began in June 1892 and will end in an opposition by August 2141 with Pluto in Taurus.This is toooooo long for us to consider!
Waxing phase ends by September 2046.When larger planets are in waxing phase, that is good for the world, because transformation happen in a positive way. Compare it with 1939-45, when Uranus was in a waning phase with Pluto..There was transformation caused by World Wars..transformation by death and destruction.
Anyway these are generational planets and their effects are generational, to say the least.
Saturn and Jupiter cycles to Pluto are more interesting because we could relate with out timelines and we can measure performances over economic indicators such as Stock Indices.
We can see all other outer planets, Saturn, Uranus and Neptune progressively waxing away from Pluto.
During the entire Jupiter waxing phase with Pluto,between 1995 to 2001, market just meandered around..
Jupiter waxing phase of 2007 sees two bear markets and recoveries but the 2008 top does not get taken out during the Jup-Pluto waxing phase.
Jupiter-Pluto waning cycle of 2013 takes the market from the 2013 bottom to a 7 year top in January 2020 till Saturn conjuncts Pluto.
Soon after Saturn Pluto waxing cycle commences, markets take a multi month dip and after that they attempt to cross previous highs provided there are no Jupiter Stations nearby.
So Saturn, a first rate malefic will pull the market up along-with Pluto, another malefic. And Jupiter, the Great Benefic will combine with Pluto and pull down the markets in the long term. So we expect huge volatility and ups and downs with upward bias from March 2020 to July August 2026.
So great times for traders and short term investors but not so good for buy and hold type of investors!
Week of June 01 to June 05, 2020
Last week we had expected a rise for the markets.In a matter of 4 days Nifty rose from a low of 8968 to close at 9598.A 630 points rise.
Since May 18 low was formed 8 days ago, we conclude that a new cycle has started.Previous cycle was of 34 days duration, The one before was of 33 days duration.It is likely that the next cycle may be of a shorter duration.Sub cycle has taken 8 days so far but has just managed to touch the secondary high of last cycle which was 9584.The previous cycle high of 9889 still remains to be conquered.
With 8 days over, it is in the time duration for a pause.
Astro wise this week belongs to Sun, Venus and Mars.
June 02-03, Venus squares Mars.
June 05-08 Sun squares Mars.
By June 05, we have the first of three eclipses lined up. It is a Penumbra Lunar Eclipse.
There is one more factor with this eclipse...
This is the chart of maximum eclipse on June 06 at 00:54 am. We can see that Mars is very closely aspecting the eclipse degree with a hard square aspect.
Some reduction in bullishness may be expected either by June 03 or June 05/08. Prices may trend lower this week.
For the month however, there is more price rise expected but probably not this week.
Let us not forget that we are in a Jupiter Pluto and Jupiter-Saturn conjunction period. This means the Big Bear is very much alive. He is just digesting the bulls he had in March 2020.
Monday, May 25, 2020
Week of May 26 to 29 2020
Last week we had expected bullishness this past week of May 18 to 22. While other markets turned bullish, Nifty chose to fall 313 points on May 18 and spent rest of the week recovering from the fall.
Let us look at some charts..
Bank Nifty`s weakness has been pulling Nifty down consistently, because of the heavy weightage of banks in Nifty Index Even after 38 trading days we are yet to see a meaningful cycle bottom. This cycle bottom will also be the turning point for Nifty.We may reasonably expect to see a cycle bottom from Bank Nifty this week.
Let us look at some charts..
Bank Nifty`s weakness has been pulling Nifty down consistently, because of the heavy weightage of banks in Nifty Index Even after 38 trading days we are yet to see a meaningful cycle bottom. This cycle bottom will also be the turning point for Nifty.We may reasonably expect to see a cycle bottom from Bank Nifty this week.
Topmost is Nasdaq 100, Candlestick is Dow, The next red line is Nifty and the bottom red line is Bank Nifty. We see heavy divergence based on the constituents of the Indices.
For our Nifty, recovery last week was not very convincing. Immediately taking out the Secondary top of last cycle, that of 9584 looks like a tall order. So we expect a rise from present position and a fall into June 01 or June 02 from which a meaningful rise should start.If the rise continues beyond May 26, then the next cycle belongs to bulls.
Mercury Conjunct Venus is a long term indicator of change of acceleration in the markets.Hopefully low of May 18, is the low for this conjunction.
We are going through a slightly tricky phase. So have your protections on please.
Transformation
One of the major transformations which influenced human
beings collectively was the Industrial Revolution. It was the beginning of the
rise of applied scientific power in terms of inventions based on discoveries.
First Industrial Revolution, fueled by the game-changing
use of steam power was the transition to new manufacturing processes in Europe
and the US in the period from about 1762
to 1835.
Goods that had once been painstakingly crafted by hand
started to be produced in mass quantities by machines in factories, thanks to
the introduction of new machines and techniques in textiles, iron making and
other industries.
The Industrial Revolution transformed largely rural, agrarian
societies in Europe and America into industrialized, urban ones.
First Industrial Revolution marked the rise of the West as a
dominant political and economic power. Trade Development and phenomenal
increase of commerce were among the major causes of the Industrial Revolution.
The Industrial Revolution began in Great Britain, and many
of the technological innovations were of British origin. By the mid-18th
century Britain became the world's leading commercial nation, controlling a
global trading empire with colonies in North America and the Caribbean.
Britain established major commercial, political and military
presence in the Indian subcontinent, through the activities of the East India
Company.
The Industrial Revolution marks a major turning point in
history; almost every aspect of daily life was influenced in some
way. In particular, average income and population began to exhibit
unprecedented sustained growth.
But things did not come easy. There was widespread resistance, fear and confusion among people before they accepted the change. Mainly because change was inevitable.
It is interesting to note where Pluto and other trans Saturnian planets transited in the skies when such a transformation happened.
We find Pluto in Sagittarius angular to Uranus and Saturn and trine with Jupiter, Rahu and Neptune.
Here is a sample picture of the sky of those times:
Pluto, the harbinger of transformation and Uranus, the Master of Creativity, Innovation and unexpected changes are in Cardinal signs, Aries and Cancer respectively.In the beginning years we also see Saturn, the Master of processes being eclipsed and Jupiter joining Rahu to expand the uncertainty. Another planet of nebulousness and uncertainty, Neptune is square Saturn.
When everything changes around you quickly, uncertainty becomes a constant!
Another great catalyst of change were the World Wars, especially the Second World War.
Hitler’s invasion of Poland on First September 1939 forced Great Britain and France to declare war on Germany, and World War II had begun. Over the next six years, entire world was in conflict. More land and property around the globe were destroyed than in any previous war. Among the estimated 45-60 million people killed were 6 million Jews murdered in Nazi concentration camps as part of Hitler’s diabolical “Final Solution,” now known as the Holocaust.
Destructive Pluto at its best...
Here is a picture of the beginning of World War 2...
Pluto in Cancer ( cardinal ) being squared by Uranus and Saturn in Aries ( Cardinal ). A deadly combination.Misplaced euphoria of the "Thousand Year Reich" is seen in the trine between Uranus and Neptune.Jupiter in a triangle with Pluto is exaggeration of the destruction which is to follow. Saturn and Ketu in Ketu star, Pluto in Saturn star,Uranus and Neptune in Sun star, underlining the political nature of the massive conflict.
Rahu and Ketu conjoined with Saturn manifest Fear in all it`s avatar...Fear for Life, for Loved Ones and of the Future itself. Other than Neptune, all other Long term planets are in a waning cycle to Pluto.
History is always interesting only when it correlates to our present times.
So let us look at the skies during recent times:
Times.com reports on the beginnings of CORONAVIRUS Infections..
With what we know of the incubatory nature of the viral infection we may safely conclude that the virus crossed over enmasse to humans in November 2019, and manifested in December 2019 as COVID 19.
Transit chart shows Saturn powerfully aspecting Neptune with its third aspect by November 08, 2019.
Saturn is highly malefic because of its conjunction with the Ketu-Rahu axis.Both of them are in Sagittarius which has a tendency to inflate effects. To add to the fire, Jupiter, the owner of Sagittarius has just entered the scene.Of course, Pluto, the legendary transformer is present in Sagittarius in Sun star..Governments are soon to go into a tizzy over the tiny virus!
Mars aspect from Mercury sign-Chithirai star ( star of thieves ) to Pluto tells us that this infection will be hyped by media for political gains and there are fraudulent angles unknown to public about the whole infection story.
By the end of March 2020, "Lock down" has become a global phenomenon.
Once again, the deadly Capricorn-Cancer Axis has been highlighted.
Saturn, Pluto and Jupiter all in Capricorn squaring Uranus in Aries, another Cardinal sign.
And these aspects are unfolding during a very destructive Kaala Sarpa Dosha, with Ketu in powerful Ketu star and Rahu in powerful Rahu star. Malefics have become deadly.
Destruction has started in right earnest.
First the Stock markets were destroyed, with the biggest plunge in history.
Then livelihoods and jobs are being destroyed.
What is more, free movements have been destroyed succeeding the destruction of trust among fellow human beings.
And there is no end to uncertainty.
Hell, we still do not know the full nature of this virus! Has it mutated? What really are the symptoms?
However all is not lost yet!
Some redeeming factors...
1. Kaala Sarpa Dosha will end on May 29, 2020.
2. Rahu-Ketu axis begins to move away from Sagittarius-Gemini where all the action started.
3. Slow moving Neptune, the mistress of Pandemics is involved only in the beginning and not thereafter. ( During the Spanish Flu pandemic in 1918, Neptune was conjunct Saturn in deadly Cancer. )
4. Saturn begins a historical waxing phase with Pluto, a phase connected with growth, after the transformation.
5. Since the take-off stage is from Capricorn, a phase similar to Uttarayana ( unlike from Cancer, where it is a descend into Darkness ) things should improve gradually from hereon.
Just one hiccup..that is the prolonged Saturn Uranus Square dance from November 2020..with exact square dates of February 17, June 14 2021 and December 24 2021. So we expect the real effect of the depressive economic conditions to begin manifesting in 2021. Only after 2021, it seems, can a true recovery be possible.
But things did not come easy. There was widespread resistance, fear and confusion among people before they accepted the change. Mainly because change was inevitable.
" Ugh! Ugly monstrous contraptions! Sure they won`t last..Give me a horse any day!"
This was the common attitude!It is interesting to note where Pluto and other trans Saturnian planets transited in the skies when such a transformation happened.
We find Pluto in Sagittarius angular to Uranus and Saturn and trine with Jupiter, Rahu and Neptune.
“Pluto a freeing and opening force is always a pattern disrupter. Pluto causes old societal structures and ways of life to crumble so that more useful forms may appear.
Pluto is the Energy of Lord Shiva who destroys so that new forms manifest.
Pluto is independent, individual, and autonomous; an
extremist, isolationist and loner; a revolutionist, and is non-accepting of
limiting conditions.”
Pluto when connected to the other slow movers, brings up fears associated with survival, death
and transformation; the fear to be alone, to let go, to release or to let die.
Pluto brings attention to our attitude and issues we hold about authoritarian
control and use of power, how we attempt to control and how we respond to such
control
Transiting Pluto is often associated separation and deaths. Pluto actually makes us stop and check our premises, our belief systems and our attitudes..Ultimately we begin to change inside and start to accept new realities. This leads to new relationships, births, and new beginnings
Things that are not working for us, whether they
are thought processes or lifestyles, undergo a transformation.
Often Intense Fear manifests itself at the
beginning of a challenging Pluto transit. How well we collectively handle that Fear is a key to survival and prosperity during Pluto highlighted times.
Wild Uranus energy was held in check by Saturn and systematically applied to the World at large to bring in real time transformation.
Yet Uranus and Pluto overcame the traditional structure of sticking to agriculture and opened up a new frontier called as Industrial revolution.
With Saturn squaring Pluto, the transformation was never easy and those who did not adapt fell by the wayside.
We also see Rahu, the classic obsessor, who magnifies the energy of Jupiter and flows it freely to Pluto. Transformation becomes an obsession magnified many times.
The Second Industrial Revolution began in the middle of 19th century (1850-1970). It was a period of growth for pre-existing industries and expansion of new ones; such as the steel, oil and electricity fields. Development of new technologies led to introduction of two things that would change the world: public transport and planes.
Faraday started playing with the idea of electricity. Then, a few years later, Edison and Swan perfected their design of a light-bulb which was practical for home use.
in 1876,Alexander Graham Bell invented the telephone. Later on, in 1901, Marconi sent radio waves across the Atlantic Ocean for the first time.
The internal combustion engine, which powers cars today, was invented during the Second Industrial Revolution.Here is a sample picture of the sky of those times:
Pluto, the harbinger of transformation and Uranus, the Master of Creativity, Innovation and unexpected changes are in Cardinal signs, Aries and Cancer respectively.In the beginning years we also see Saturn, the Master of processes being eclipsed and Jupiter joining Rahu to expand the uncertainty. Another planet of nebulousness and uncertainty, Neptune is square Saturn.
When everything changes around you quickly, uncertainty becomes a constant!
Another great catalyst of change were the World Wars, especially the Second World War.
Hitler’s invasion of Poland on First September 1939 forced Great Britain and France to declare war on Germany, and World War II had begun. Over the next six years, entire world was in conflict. More land and property around the globe were destroyed than in any previous war. Among the estimated 45-60 million people killed were 6 million Jews murdered in Nazi concentration camps as part of Hitler’s diabolical “Final Solution,” now known as the Holocaust.
Destructive Pluto at its best...
Here is a picture of the beginning of World War 2...
Pluto in Cancer ( cardinal ) being squared by Uranus and Saturn in Aries ( Cardinal ). A deadly combination.Misplaced euphoria of the "Thousand Year Reich" is seen in the trine between Uranus and Neptune.Jupiter in a triangle with Pluto is exaggeration of the destruction which is to follow. Saturn and Ketu in Ketu star, Pluto in Saturn star,Uranus and Neptune in Sun star, underlining the political nature of the massive conflict.
Rahu and Ketu conjoined with Saturn manifest Fear in all it`s avatar...Fear for Life, for Loved Ones and of the Future itself. Other than Neptune, all other Long term planets are in a waning cycle to Pluto.
History is always interesting only when it correlates to our present times.
So let us look at the skies during recent times:
Times.com reports on the beginnings of CORONAVIRUS Infections..
With what we know of the incubatory nature of the viral infection we may safely conclude that the virus crossed over enmasse to humans in November 2019, and manifested in December 2019 as COVID 19.
Transit chart shows Saturn powerfully aspecting Neptune with its third aspect by November 08, 2019.
Saturn is highly malefic because of its conjunction with the Ketu-Rahu axis.Both of them are in Sagittarius which has a tendency to inflate effects. To add to the fire, Jupiter, the owner of Sagittarius has just entered the scene.Of course, Pluto, the legendary transformer is present in Sagittarius in Sun star..Governments are soon to go into a tizzy over the tiny virus!
Mars aspect from Mercury sign-Chithirai star ( star of thieves ) to Pluto tells us that this infection will be hyped by media for political gains and there are fraudulent angles unknown to public about the whole infection story.
By the end of March 2020, "Lock down" has become a global phenomenon.
Once again, the deadly Capricorn-Cancer Axis has been highlighted.
Saturn, Pluto and Jupiter all in Capricorn squaring Uranus in Aries, another Cardinal sign.
And these aspects are unfolding during a very destructive Kaala Sarpa Dosha, with Ketu in powerful Ketu star and Rahu in powerful Rahu star. Malefics have become deadly.
Destruction has started in right earnest.
First the Stock markets were destroyed, with the biggest plunge in history.
Then livelihoods and jobs are being destroyed.
What is more, free movements have been destroyed succeeding the destruction of trust among fellow human beings.
And there is no end to uncertainty.
Hell, we still do not know the full nature of this virus! Has it mutated? What really are the symptoms?
However all is not lost yet!
Some redeeming factors...
1. Kaala Sarpa Dosha will end on May 29, 2020.
2. Rahu-Ketu axis begins to move away from Sagittarius-Gemini where all the action started.
3. Slow moving Neptune, the mistress of Pandemics is involved only in the beginning and not thereafter. ( During the Spanish Flu pandemic in 1918, Neptune was conjunct Saturn in deadly Cancer. )
4. Saturn begins a historical waxing phase with Pluto, a phase connected with growth, after the transformation.
5. Since the take-off stage is from Capricorn, a phase similar to Uttarayana ( unlike from Cancer, where it is a descend into Darkness ) things should improve gradually from hereon.
Just one hiccup..that is the prolonged Saturn Uranus Square dance from November 2020..with exact square dates of February 17, June 14 2021 and December 24 2021. So we expect the real effect of the depressive economic conditions to begin manifesting in 2021. Only after 2021, it seems, can a true recovery be possible.
Sunday, May 17, 2020
BankNifty
Bank Nifty which was a positive contributor to Nifty has fallen on hard times of late..as can be seen in the chart above. This is now a drag on the Nifty..If BN improves, Nifty also will improve.
See how much SBIN has contributed to the sluggishness in BankNifty ?
HDFC Bank and ICICI Bank have a combined weightage of 52%..So if they move, Nifty will also move..
See how much SBIN has contributed to the sluggishness in BankNifty ?
HDFC Bank and ICICI Bank have a combined weightage of 52%..So if they move, Nifty will also move..
Week of May 18 to 22 2020
What a week! 20 lakh crore lure did not impress Nifty!
With Pluto, Jupiter and Saturn ganging up, the World still has the smell of blood on its hands. All the perfumes of Arabia ( read it as stimulus ) couldn't make the World`s little hand smell better...
Curiously the Government chose a highly retrograde period ( Saturn, Venus and Jupiter all commencing retrograde stations between May 12 to 15 ) to announce its eco package.
Two of the planets Venus and Jupiter are specifically connected to Tall Finances!
The strong bear rally upto April 30 went into a subdued mood with a sideways downtrend with a negative bias.
Bulls have not given up yet..They did not allow Nifty to break 9000..
This week it looks like Bulls may have the upper hand and push the Index into the 9300 to 9500 zone again.
Sun,Saturn, Jupiter and Pluto are all in Sun star.
Rahu and Venus are in Mars star.
Certainly there is no shortage of fire power!
Anyways let us have proper stop-losses for our positions..With so many retrogrades in the air, safety should be the first concern.
Sun has now trined Pluto and Jupiter. By May 22 2020, it would complete its trine with Saturn.
Then it maybe a different ball game altogether.
With Pluto, Jupiter and Saturn ganging up, the World still has the smell of blood on its hands. All the perfumes of Arabia ( read it as stimulus ) couldn't make the World`s little hand smell better...
Curiously the Government chose a highly retrograde period ( Saturn, Venus and Jupiter all commencing retrograde stations between May 12 to 15 ) to announce its eco package.
Two of the planets Venus and Jupiter are specifically connected to Tall Finances!
The strong bear rally upto April 30 went into a subdued mood with a sideways downtrend with a negative bias.
Bulls have not given up yet..They did not allow Nifty to break 9000..
This week it looks like Bulls may have the upper hand and push the Index into the 9300 to 9500 zone again.
Sun,Saturn, Jupiter and Pluto are all in Sun star.
Rahu and Venus are in Mars star.
Certainly there is no shortage of fire power!
Anyways let us have proper stop-losses for our positions..With so many retrogrades in the air, safety should be the first concern.
Sun has now trined Pluto and Jupiter. By May 22 2020, it would complete its trine with Saturn.
Then it maybe a different ball game altogether.
Monday, May 11, 2020
Nifty Weekly as on May 11, 2020
Nifty had bounced 49.59 % to 9889.05 before deciding to pull back.On a weekly scale, this is just the second wave, if counted from the bottom of 7511.
We are just in the third week of the pull back. We can see that the pull back has mostly occurred on profit taking and lack of positive news. Contrarily, any negative news can pull the market down, more.
23.6 % level of the full down move and 50% of the counter up-move are in the region of 8700.. That may be a logical level in case of a down move.
Interestingly, the 38.20% of the down move and the 23.60% of the counter up-move are in the 9327-9390 levels, which were levels of dog fights recently!
Time wise week ending June 12 or the week beginning June 15 appear to be crucial.
Saturday, May 9, 2020
Some Comparisons
Nifty versus Nasdaq 100
Let us compare Nifty`s sister Indices....
Nifty Pharma, Energy , Infra and IT are currently doing better than Nifty 50 companies.This is from the low of March 2020.
Astro Technicals for Week of May 11 to 15 2020
It pays to remember that we are in a Jupiter-Pluto
conjunction period which will last from April to November 2020.
April 04: Jupiter-Pluto conjunction (Both Direct) at less
than 1 * of Capricorn.
Pandemic related Fear and confusion reach great levels.
June 30: Jupiter-Pluto
conjunction (Both Retrograde) at less than 1*of Capricorn. Saturn, dispositor
of Pluto and Jupiter is also retrograde and so are Neptune and Mercury..
Complacency is likely to set in. Our leaders may claim that coronavirus is all
conquered and so would a section of our society. But Jupiter-Pluto conjunctions
are asking us to follow the new social norms and attitudes humbly. With Kala
Sarpa Dosha also subsiding by May 29, tendency to ignore the pandemic could be
strong.
November 12, 2020: Pluto and Jupiter conjunct in Sagittarius.
A time period which could be difficult if we had all been complacent during
May-June 2020?
Let us examine the markets with this back ground.
Just looking at the Lunations we expected the markets to
make an isolated high on 08th May. Nifty touched 176 points higher (
at 9382.65 ) than the previous day`s close of 9199.05 but gradually declined to
close at 9251.50 ( + 52.45 points ).
Movement of Moon from Poorvashada on May 11th to
Satabhista on May 15th points to a declining trend, but with Saturn,
Venus and Jupiter getting retrograde, (
12th May to 15th May )there could be a pull up effect
also in the same period before a decline next week. One another powerful aspect
is the square between Neptune and Venus.
Anyhow after May 15th Nifty favours a decline.
The unusual exuberance expressed now is going to have a reality check.
Our take..9340 to 9400 is a good near term shorting zone for Nifty.Do follow the technical signals first.
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