Nifty Astro Technicals Mercury Retrograde- November 2012

Mercury becomes retrograde on November 07, at 04.45 hrs early morning. How has Mercury retor behaved in the past? Here are a couple of charts.
Draw your own conclusions!

One clue: Mercury turning retrograde in November- December periods, in Sagittarius and Scorpio, tends to produce bullishness first. During other retro periods, it was decline first.
Mercury now is in Scorpio in Saturn star.

In 1999, Mercury became retrograde on Nov 06, in Scorpio, Saturn star, and this is how it looked...

Nifty Astro Technicals Nov 05, 2012

This is how the wave counts look like:

If 5711, is broken through upwards, then we have most probably completed Wave 04. If 5680 is broken through downwards, then Wave E is continuing for possibly one more day.However my bias is towards the former.Any way we are very close to the end of Wave 04.

Nifty Astro Technicals- Wave Counts Nov 05 to 09, 2012

Since we are in a fairly mature state of Wave 4 in Nifty, let us look at the broader picture first...

Nifty seems to have a triangular formation in Wave 04.We could argue that Nifty had bottomed out after A,B and C waves, but the time cycles do not seem to match. Since Wave 3 was of 20 days, we still have a little time left for wave 4 to bottom out, as per Neo Wave.We have a slightly expanding triangle with a downward bias. If Nifty turns down from here we may witness a Wave D failure.In any case wave 4 is close to completion.

ABC retracement, where AB  is the down leg from 5448 to 5217, show an interesting picture.

Nifty had retraced 100%  of AB on October 31 and had been rising ever since. Time-wise October 30 represents 161.8% of the time taken by AB and October 30 was a Full Moon. So using ABC retracement points along with Lunation does provide us with clues to market movements.
November 05 represents 200% of the time period of AB.Let us see what happens on Monday!
November 13, is the time when 261.8% of the time of AB formation would come to pass.November 13 is also the total Solar Eclipse Day.November 15 is a New Moon. So can we expect another short term price reversal then?

While for the uninitiated, Nifty appears to be meandering aimlessly since October 05, just look at the mathematical balance and precision in Nifty`s movements!We can sense Fibonacci everywhere!

 
Additionally Nifty had taken support on the upward 1x2 Gann Angle line and had met resistance on the downward 1x4 Gann angle line.

Here are the preferred Intra day Wave counts:

Have a great week of safe and productive trading!

Nifty Astro Technicals Nov 05 to 09, 2012

Let us start this week with a look at the Declinations: I have added the aspects for each day for additional information. This is experimental and is eventually intended to bring in more understanding for intraday movements. We first attempt to understand day wise movements.

We are entering a Lunar Growth Period from Nov 03 to 17.Nifty reacted positively on Nov 01 and 02, when Lunar declinations reached the maximum Northern limit and when Moon`s declination was closest to Jupiter.

Date	Declinations	Aspects	Remarks
Nov 05	Declinations of Moon and Sun are in opposition. Moon and Pluto are also in opposition. So Nifty should act negatively.	Nov 04th mid night-Moon is in the midpoint of Venus- Uranus opposition. Moon is square Uranus and is square Venus. Negative effect may manifest on Monday, Nov 05.	Negative.
Nov 06	Mercury reaches its extreme South declination and is closest to Mars by declination. Positive	Uranus –Moon-Mercury is in a trine. Moon square Saturn trine Neptune. Market should rise.	Positive.
Nov 07	Nov 07: Third Quarter Moon day. Moon opp Neptune and Moon opp Saturn. Nodes resume regular retrograde motion from Nov 07 onwards. Nifty may peak today and then show a decline.	Moon sextile Venus. Moon sextile Jupiter. Moon conjunct Venus and trine Jupiter on Nov 12. So market should be positive on Nov 07th.	Positive and then reduction in positiveness.
Nov 08	Moon and Chiron oppose each other. Moon at minimum latitude on Nov 08.	Moon is in the mid-point of Uranus square Pluto. Moon square Rahu and Ketu. Moon opp Neptune. So Nifty should be negative.	Negative
Nov 09	Lunar declination crosses Celestial Equator. Uranus and Moon conjunct each other in Northern Latitudes.	Moon sextile Saturn on 08 Nov at 19.15 hrs. Saturn QC Uranus. Negative effect on Nov 09.Moon square Jupiter on Nov 09.Moon trine Pluto, but Saturn in mid- point. Nifty should be negative.	Negative continuation. A sudden fall may also happen.
Nov 10	Venus, Mars, Chiron and Moon conjunct at S 4*32’.Extreme Neptune declination @ 11*55’ at 14.22 hrs.Positive effect on Nov 12.	Moon sextile Rahu, trine Ketu. Transiting Ketu, conjunct Natal Jupiter and Saturn. Positive effect on Nov 12.
Nov 11	Saturn and Moon conjunct in Southern declination. Positive effect on Nov 12.	Moon square Pluto-Uranus axis, with Sun close to the midpoint. Should give a negative start when the market opens on Nov 12 but other aspects should counter balance.
Nov 12	Neptune and Moon conjunct. So Nov 12 should see a good up move.	Once again Jupiter Venus trine gets activated because Moon conjunct Venus. So Nifty should be positive.	Start tentatively and then positive

Please use the above tabulation as a guideline only. Allow the price to dictate your trading strategies. It is dangerous to trade without adequate stop losses in this Nifty phase.

Have a great week of trading.

Nifty Astro Technicals for Oct 30, 2012

The fall from 5698 to 5645 yesterday was nearly 100% retracement of the rise from 5642 to 5698.Technically, one more up move towards 5720 range seems to be pending.

A look at Nifty Cycles

Nifty Astro Technicals Oct 29- Nov 02- Elliott Wave Counts

Technically we are entering an important turn zone for Nifty. By October 26, we have completed 14 days from October 05 top. Since Wave 3 took 20 days we expect wave 4 to take more than 20 days to complete. This means we are entering the maturity zone of Wave 04.

So far we haven`t seen significant price damage. In fact Nifty just about managed to breach the 5641 level a couple of times, but had always scrambled back into the oscillating zone defined by 5722 range as resistance.

Despite serious declines in S&P and the Dow, Nifty had shown negligible tendencies only (so far) to go down. This suggests that once wave 4 completes we may expect a normal wave 5 and not a truncated one.   

Here is a chart on some interesting Fibonacci phenomena in Nifty….

Here are my preferred  minor wave counts for Nifty, shown on a 30 min chart.It should be interesting to see whether wave b of C will cross 5719, the recent top.Any way 80% retracement to 5700 should be a sell area.

Have a great week of trading.

Nifty Astro Technicals October 29 to November 02, 2012

We are entering into a rather high energy and impactful November month, astrologically speaking.

Starting with the effect of Sun Saturn conjunction, upcoming Mars- Jupiter opposition, Venus- Uranus and Pluto in a T- square formation, Venus into debilitation later part of the month, Mercury getting retrograde, plus a total Solar Eclipse –all beginning with a Full Moon on October 30 early morning.

Phew! The heavens are quite active this month! 

Let us take this one mouthful at a time. We concentrate only on the week, October 29 to Nov 02, 2012.

Have a look at the macro   position tabulation below. Particularly the column named as Orb effect date. 

The conjunction of a debilitated Sun with an exalted Saturn at 8*23’’ of Libra could make the market go up and form a crest and then cause a reversal. The reversal because of this aspect is expected by November 02.

Mars Jupiter opposition is also a powerful force which could impact the market by this weekend. Venus Pluto-Uranus effect is expected only later this month and so we skip them for now.

We must also look at the Natal Planets of Nifty to understand any specific impact.

As can be seen from the tabulation above, Mars, Jupiter, Saturn combinations with Rahu are currently not good for Nifty because of their opposition effect.

Rahu and Ketu in single star formations are good. That two major planets, Saturn and Sun are currently in Rahu star and such a Rahu is in trine with Natal Rahu of Nifty is possibly what props up Nifty, astrologically speaking. This is of course my reading and I leave the conclusions to my learned readers.

To sum up, aspects wise, Nifty should improve up-to November 31 and then continue its fall. But the improvement and the fall may not be substantial. But enough to benefit traders, let us add.

Let us look at the Declinations:

·   Venus Uranus decl- conj on October 29 should push the market higher.

     Venus crossing from North to South should start a decline by October 31.

    Moon at the highest northern declination is a turning point for the market. We may expect an up move  on November 05.

      Next, let us look at the Full Moon chart of Nifty.

New Moon chart says that Nifty may bottom out by Nov 07 at 11.21 am.

End of Wave 4?

Wave counts will be covered in the next post. Daily Nifty Astro projections will be covered in the daily post.

Meanwhile let us not forget that we continue to be in the lunar red zone. Trade cautiously. Wait for price turns to happen and let us avoid anticipations.

Have a great week of trading!  

A long term view of Indian Markets- 2012

As short term traders we have our noses close to the market. Sometimes too close, so that we miss the trees from the woods. It is quite beneficial if we lift our heads from time to time and have a look at the broader view of the market. Of course we will go back to short term market analysis after this brief detour.

May of 1992 had marked a bull market peak. Sensex had moved from 1000 in the 1988s to 4500 in 1992. A fourfold increase.

Thereafter, a multi-year correction process started. It took the shape of a diametric ( A-B-C-D-E-F) which ended in 2001. Thereafter another multi-year bull market took off and raced up all the way to January 2008, taking Sensex from 2000 in 1993 to 20000 in 2008,- a 10 fold appreciation. From 1988 to 2008, Sensex had seen a 20 fold appreciation.

Let us look at the scenario after January 2008.Sensex had started a multi-year correction process. People had mistaken the recovery from March 2009 as a new bull market. But multi-year bull markets which have seen manifold increase in valuations, will always take a longer time frame for corrections.

Accordingly we are in the middle of the correction phase. We have completed A,B and C legs are currently we are in the diametric D. We still have three more legs to go E, F and G. How E, F and G will pan out is a matter of conjecture and we will know the entire shape only when we are closer to the formations. 

Now the Astro cycles indicate a contraction in the latter half of this cycle. So after 2016, when a top is very likely, the ensuing correction of G could be very sharp, just as we saw in 2008.

And in that terrible pessimism, the next new bull market could be born. By the time that one ends, valuations could easily be 20 times of what they are right now.

The main take away is that on a practical, larger scale, we are in a big and prolonged correction. But the legs are so large that a careful and astute trader can make money over and over again.

Meanwhile happy trading.

Nifty Astro Technicals for October 25, 2012

We had expected October 25, to be a "reversal -to -the -positive day and so it did. This despite negative clues and tell tale weakness in International Markets.
But global markets do move in tandem and sooner or later, the deviants fall in place.With lunar negativity strengthening, we may expect Nifty also to weaken from here on.

October 26th is the date, when the Lunar declination crosses from South to North.Moon is in Jupiter. We may expect Nifty to start reversing downward.

With today`s move there has been a rearrangement of the wave counts.

Blue zone is the minimum time period we expect current Wave 04 to travel. Post November 05, we should see the final fifth wave of C of Diametric D unfolding.

Let the new November series, be a very fruitful one! Trade safely, without anticipation- with stop losses!