Astro Technicals April 11, 2013

Come April 12, and we have yet another Infosys results. With so much of negativity around, can Infy results be a catalyst to arrest the downtrend and turn around the market in the near term?

Let us have a look at Infy`s technical charts:

As we can see, Infy had completed Primary Corrective A in January 2013.This wave A itself was a long drawn out triangle.
Wave B had begun with a bang in January 2013 and immediately settled into a complex corrective trading range.
We have completed ABCXAB and are anticipating a minor wave C in an upward direction.

Here is the First Trade chart of Infy ( Know the first trade value? Rs 1.50 per share!) and the transit chart for April 12, 2013

 
April 12 is a Venus day.So was January 11, 2013, when Infy exploded skywards.Venus is connected with houses 9,11 and 4. It is also a Friday which again connects to Venus.
By and large a positive result may be expected.
Now if these results do not materialize, do not blame the Astro Science. Blame it on my faulty knowledge please!

Implications for Nifty could be a truncated g wave and an early commencement of Wave B.Refer previous post.

Astro Technicals April 09 2013

Hello folks,
Sorry I had to give the weekend post a miss because of a sudden bout of viral fever. Iam on the recovery path and thought let me share a quick post rather than the elaborate analysis of the weekend.

Here is the wave count as I see it now....

Astrologically also we have something interesting coming up..

Look at this chart of April 09, 2013..( I have simplified it for easier comprehension)

Let us look at the Astro chart for April 15, 2013....

So sell on rises continues till April 15/ 16th, 2013. If and when Nifty shows signs of bottoming out, then we may go long with adequate stop losses.

Astro Technicals for April 05 2013

On April 03 and 04th Nifty exhibited typical characteristics of f wave in a diametric formation, when it resembles b wave in the sequence...

We watch to see if Nifty bounces off 5548 forming the C section of wave F.Astro wise the market ought to be in a sideways or negative position till April 15th.See also how each leg has been timewise similar-which means the current leg should end somewhere on April 10th.With increased volatility, we may see a time shortening as well.
In any case, if there is a bounce, it will be another "sell on rise" situation.

Gann lines also indicate the importance of 5548. A break would mean further weakness. Volumes however had been low during the two day sharp cuts.

Weekly cycles are also interestingly poised. Timewise they look to turn. However we must wait for the turn.

A look at Institutional behaviour...

So let us stay with " sell on rise " strategy till Nifty reveals that wave B has begun. Then we buy.
Post April 15th, when Sun, Venus and Mars along with Ketu are in Aries, then more actions should begin.

Astro Technicals April 02 2013

Nifty has started wave f upwards. Watch out for the weekend  or next Monday, if you are long...

Astro Technicals April 01 to 05 Wave counts

We have now two live possibilities.
1.Wave e ends on April 1 and wave f of a diametric starts for the week, upwards. From April 08, wave g downwards begins and ends in the middle of the month. That would conclude wave A and from the second half of the month,we begin the more complicated and time consuming wave B upwards.
2.Wave e ends down as an expanding triangle, with a fast down move on April 01 and from April 02, wave B begins.
So the action of Nifty on April 01, shall give us the clue.

The ending diagonal shown below,does not suggest an expanding triangle closure, but then there is nothing to stop Nifty from having one more  down move to the down sloping trend line.

Nifty Weekly Fibo charts show Nifty taking support close to the 38.2 % line.Wave A could end somewhere close by and the wave B upwards could coincide with a blow off kind of move in the US Indices.

The chart shown below is a quarterly chart of Nifty.Nifty had moved below the 5 Q High EMA when it moved beneath 5865 on March 18, with a gap and it closed below the 5QHEMA at 5682.55, on   March 28, 2013.Levels to watch out for the coming quarter are 5455 and 4976.These may happen post May 31, when Jupiter moves out of Taurus.

We hope to see a month with plenty of action. Volatility  could be high. Stay with stop losses and stay with the trend. It is good to know the direction beforehand but it pays to follow what Nifty does on a day to day basis.

Wish you all a wonderful month of trading in April 2013.

Astro Technicals for the week April 01 to 05 2013

This April the world gets into an action mode. Come April 14, the day when the Sun moves into Aries, the action zone, it will have two more companions in Mars and Venus alongside.All the three of them will oppose Saturn first and then Rahu in Libra by the month end.Increased volatility and sudden developments are to be expected.Sun is into its exaltation and so Government initiatives  to resolve economic difficulties may be seen, but there may be powerful opposition from the masses for any taxation or austerity measures. 
With Sun, Mars and Venus all in Ashwini from April 14th, the Indian New Year should start on a bullish note.  We may have to watch out from April 22 onwards, when fist of the trio, Venus  opposes Saturn....
Let us begin from the beginning....
We start with the Moon charts:

 The little blue circles are turning dates for the market.The small red squares are dates of extreme declination of one of the planets. April 1 is Venus, 13 is Pluto and on 28, mighty Saturn goes into extreme declination.
From a trading perspective, April 01, may see a low formation. Markets may open higher and then fall back.Since April 01 is a turn date, if technicals agree, we may go long. If Nifty moves up, keep moving the stop loss upwards till March 05 or 08.Once we are stopped out on April 05 or 08,then simply go short.
Again if Nifty falls keep dropping the stop loss as well till Nifty stops and reverses. Possibilities for SAR increase from April 13 th onwards.In other words, from April 14 we must be long in the market, with stop losses of course.

Let us look at the astro charts :

So the Astro charts seem to agree with the lunar charts.
How were the Sun Venus and Mars Venus conjunctions of the past?

Sun Venus conjunction happened on March 28, around 15.30 pm. We all saw what happened to Nifty in the closing hours on Thursday. Since these are fast moving planets what we see are short term reversals.
Let us also look at Mars Venus conjunction, which is slated to take place on April 06, 2013. ( April 06 is a Saturday, so effects are to be seen on April 05 and April 08, 2013.)

We see the trend taking a dip and then continuing. So we expect the week April 08 to 12 to be a reaction week and then the up trend which seems to be ready to begin from April 02, to continue from April 15 onwards.
How does all this look from a technical perspective?

See the next post.

Astro Technicals March 26 2013

Sun proved positive whereas Venus was negative for Nifty.There seemed a small pause in the down move but make no mistake, we are still in the down tend. This is expected to change in the first week of April, 2013, when the tight planetary aspects give way.
Wave wise, it appears that the complex correction continues to move down the channel in a falling wedge.May be there is one more down move on the cards before we finally put down the alphabet e.( for e wave).Whether we will have two more legs ( smaller than e) - f upwards and g downwards or we begin Wave B upwards, remains to be seen.

It is fascinating to observe S&P operate a wedge of the diametrically opposite type as seen in Nifty. We see a rising wedge in S&P....

Meanwhile, a wonderful Holi for one and all...Let the hair be let down and let the Universe dissolve in riotous colours...which will permanently remove all drabness and dreariness from our lives!

 

Astro Technicals March 25 2013

Nifty bounced, but not high enough.So the wedge continues to form and define Nifty for the moment.I expect another jump in the same fashion tomorrow..Time has the answer.

 As mentioned earlier, it is a time for cautious trading. Several energies are at cross purposes.

Systemic Market Damage

Lunar Lamps for Sensex Highway March 2013