Thursday, June 24, 2010
AYAN is getting better or our reading is imporving
Astro-software ‘AYAN’ we are using 10% potential, and the result are tempting. Some where selfish mind is telling to hide it. Nifty will close in negative was given in the morning note - GAP filling of Monday was mentioned
Friday, June 18, 2010
THe pull Back rally is nearing its terminal point
We are expecting a big decline in the market, in the coming week as per TIME cycle. in the Monthly write up posted the Worst Zone is mentioned and Decline seems eminent....
MOnthly View JUNE 2010
Technical view: Nifty current pull back from 26th has shown much more strength and indication of further rise, TIME cycle favors till 17th of June. Resistance on the higher side would be around 5081, 5170 and 5210. While from 17th onwards volatile movements will increase and a major break out is indicated, that would be good enough to give more than 500 nifty points movement, in few days. Broad call upside potency is 150 points and downside potency is 350 points from the current levels that is 5050.
Zodiac position:
Mars – transit in Leo, being fiery planet and in fiery sign, will give much wider movements in indices. Mars in Leo will actually give bigger movements in commodity markets, particularly GOLD, planets don’t know up or down, they simply infuse energy and good aspects give smooth no friction move, which gives wider moves. Index base stocks will see more volatility. Mars being energy – will be positive for energy and rel estate sector, OIL marketing companies and GAS prices will go up.
Venus: transit in Gemini is friendly sign, volatility is currency markets is observed since past few days, will remain in Gemini till 9th of June, after words transit in Cancer is not very harmonious position. But it is very good for the Cement sector and partly will favor reality stocks to give pull back rally. More deal in agriculture land will be seen, hotel industry will do well, and most important Venus 120 Jupiter will increase withdrawal of FII funds equity to direct participation in other sectors. Negative signal is for the overall valuation process; Venus in cancer will make investors choosy, more bargaining and greedy, will take much longer time while spending money. Instead of growth potency, investors would choose low risk stocks.
Mercury: will transit from Aries to Taurus, slow logic – slower thinking and overall, Taurus attitude to delay decision making will be observed. Energetic Mercury becomes more cautious.
After 22nd there will be huge volatility as mercury will shift to own house that’s Gemini, aggression will be felt, traders and speculators will start more participation. The position is very good for the US markets. Software and communication will show recovery from the lows faster than any other sector.
Jupiter needs a bigger space, in short FII investments will slow down towards equity markets but funds will flow to increase stakes, companies will announce more buy backs in coming year. More Indian companies will get aggressive in overseas acquisitions. The best sector in Indian markets would be Pharma stock, big ticket takeovers.
Saturn and Rahu remain in the same signs.
The usual sun transit and planetary aspects are explained below.
Sun transit in Rohini from 25th to 8th June, this is not a strong Nakshatra moon is the ruler more, being female sign more artistic and creative abilities are found. Investors are recommended to invest in small caps and mid-caps as name meaning of the Nakshatra is growing. Being a materialistic sign, tends to be slight greedy or possessive at times. The shadow side is greed makes them blind and materialistic desire becomes obsession; Operator gets trapped in his own game, and is not able to get out of the loss making trade easily.
Sun transit will make banking stocks very volatile not necessary exit of funds but churning of portfolios within sector. Software sector gives good rising trend, well for textile, Toy manufacturing industry, PLASTIC products. Shipping industry related products. After volatile Kruttika, market tends to be more consolidation and low volume phase. Slight more positive by nature good for PSU and midcap side counters. Indices generally show positive close. Already other aspect like Mars has helped and seen in the market.
The weekly Astro-view is already sent up to 7th, and it is also uploaded on site, so won’t be repeated again.
Sun transit in Mrugga: this is my favorite Nakshatra, it is quick and sharpest in response. People born under this Nakshatra have pleasant attractive personality, smart, fast, love traveling, and are very good collectors. The fifth in series is divided in signs Taurus and Gemini. Mars is the ruling planet. Second part is influenced by Mercury, highly enthusiastic & curious natured people are found, also known as searching star. Liberation or spiritual freedom and research abilities are refined here. Quick in grasping and equally fast in response, stock market best of the hedge trades or even momentum traders have strong influence of Mrugga, being quick and trend setter, these people trade best in free zones or confused markets. Being most violent Nakshatra, they are best volatility traders.
in stock market Taurus part of Mrugga -consumer durable electronics, media, music, liquor and tobacco industry, malls, broking or portfolio management and merchant banking services directly come under this section.
The sectors indicated by the Nakshatra are telecommunication, 2 wheeler automobile, short transports and logistic business, in cars low cost mass products. The Gemini part- is more active and more at mental level of activity, has very strong connection with communication, writing or book printing, education sector and software engineers, BPO units and Radio as a industry are ruled by this part. Second set is related to education, printers and press. Dealers in machinery, computer companies, software engineers, part of Media industry is also ruled by Mrugga.
We are expecting rise during 8th to 17, new surprise opportunities will come positive announcements local and global sentiment would become optimistic, bright probability we may see further rally in the current pull back rally.
8th June major aspect – Jupiter 0 Uranus: The aspect creates new unexpected opportunities and one should be ready to take aggressive big action to make best out of it. This is very bullish aspect and most important Auspicious Tithi 11, and Nakshatra Ashwini, makes it much more important. Same Day Mercury 120 Saturn supports the intense logic behind powerful action. Watch Technology and Electrical Sectors.
9th Mercury 90 Neptune means senior guy might take some wrong decision. 10th MID POINT- Uranus (Pisces) 60 Mercury (Taurus) 60 Mars (Leo): Scorpio and Banking sector major stock movement particularly small banks on take over tussle. OIL refineries could be beneficiary. This is Very high volatility TITHI 13 – Nakshatra Kruttika.
11th is a bad day, a minor fast decline is probability. 12- Venus 60 Saturn: stability in currency markets, more matured measures will be taken by the various governments. 14th Venus 120 Uranus is very nice aspect huge wealth appreciation – a very strong rebound in government financial conditions or positive collective effect. MEDIA , A Mega hit movie possible . 15th : Mars 120 Pluto, open offer – buy back and total control of privatization of Government asset , Jupiter 120 Venus Very good for Banks
Sun moves in sign Gemini, on 16th on of the violent sign, and Nakshatra Mrugga will start giving stronger results. The planetary positions are little difficult and not favorable for the bulls. Sun sign also represents relationships neighboring countries, Air traffic, stock brokers somewhere man made destruction is indicated.
17th and 18th, last two days of the week seem a bit bullish, and investors and traders should reduce long exposure on rise. Again – 19th to 26th becomes highly volatile and negative zone, Saturn 90 Sun, Saturn aspect 10th on Sun.
21st Uranus 90 Sun, 19th & 21st will act as Midpoint – this is highly negative from index point and this aspect is capable to give big wide movements, ideally negative levels of 4800 and breaking below 4750 is big probability.
Sun will shift position in Nakshatra ‘Aardra’ Nakshatra of Rahu symbolized in one picture as ‘tear flowing with no expression on the face’ is shown, and the tears can be of joy or grief. Being highly materialistic planets has very close association stock market. Derivatives the concept and products are directly ruled by RAHU. So fortunes in derivatives can be made or lost, when ever Sun transits Nakshatra ruled by Rahu. The people under influence are deep and passionate thinkers. It has huge strength and potency, lord Rudra is fierce form of lord Shiva, the destroyer. The activity, enthusiasm and a strong urge to expand makes this zone, trend setter for few months. The results of Aardra are huge and far more than expected by the beneficiary. During the transit a determined trade or speculative position can be created, which will be taken with futuristic views, can make some one really rich and in a different plain altogether. The failure of a positive signal on nifty or individual counter, can lead to serious trouble for months. Though other planetary aspects are not confirming, now the other side final failure of bear assault can suddenly move market upwards without giving chance to cover short. Volatility and Action or participation from institutions is expected to suddenly pick up, fund buying and promoters might increase their stakes.
When Mercury is weak and badly aspected by other planets, broking community goes through lot of painful period, high friction is communication errors leads to break ups in relations, business deals and most important sentiment and logic goes for a toss. Mercury – being lord of technical analysis, when bad technicians find it difficult to judge charts, or arrive at conclusion, confusion of cycle reading increases, more whipsaws are seen.
24, 25 and 26th are again bad due to various aspects, Mercury 90 Saturn, Mercury 90 Uranus, and Mercury 90 Jupiter – this phase. Sector looking weak are software, communication and worst could turn out to be steel sector. The last day of the derivative month, is going to be very volatile with wide closing, the best thing is Nakshatra Jyestha gives good rise initially so bulls can comfortably exit positions, at slightest weakness.
28 to 30, or last 3 days of the month are looking very positive, the last day 30th Tithi is 4th with best bullish Nakshatra so a sharp movement is expected, a bright probability is positive.
Looking at the picture – it is likely that during the recovery there is indeed a huge probability of 5150 to 5210 tested in the first half of June before 19th and post June if the phase really works particularly the 19th to 21st aspects that can be big blow and vertical fall of more than 300 to 450 nifty points within 5 to 8 days.
Thank You
Mahesh Gowande
Zodiac position:
Mars – transit in Leo, being fiery planet and in fiery sign, will give much wider movements in indices. Mars in Leo will actually give bigger movements in commodity markets, particularly GOLD, planets don’t know up or down, they simply infuse energy and good aspects give smooth no friction move, which gives wider moves. Index base stocks will see more volatility. Mars being energy – will be positive for energy and rel estate sector, OIL marketing companies and GAS prices will go up.
Venus: transit in Gemini is friendly sign, volatility is currency markets is observed since past few days, will remain in Gemini till 9th of June, after words transit in Cancer is not very harmonious position. But it is very good for the Cement sector and partly will favor reality stocks to give pull back rally. More deal in agriculture land will be seen, hotel industry will do well, and most important Venus 120 Jupiter will increase withdrawal of FII funds equity to direct participation in other sectors. Negative signal is for the overall valuation process; Venus in cancer will make investors choosy, more bargaining and greedy, will take much longer time while spending money. Instead of growth potency, investors would choose low risk stocks.
Mercury: will transit from Aries to Taurus, slow logic – slower thinking and overall, Taurus attitude to delay decision making will be observed. Energetic Mercury becomes more cautious.
After 22nd there will be huge volatility as mercury will shift to own house that’s Gemini, aggression will be felt, traders and speculators will start more participation. The position is very good for the US markets. Software and communication will show recovery from the lows faster than any other sector.
Jupiter needs a bigger space, in short FII investments will slow down towards equity markets but funds will flow to increase stakes, companies will announce more buy backs in coming year. More Indian companies will get aggressive in overseas acquisitions. The best sector in Indian markets would be Pharma stock, big ticket takeovers.
Saturn and Rahu remain in the same signs.
The usual sun transit and planetary aspects are explained below.
Sun transit in Rohini from 25th to 8th June, this is not a strong Nakshatra moon is the ruler more, being female sign more artistic and creative abilities are found. Investors are recommended to invest in small caps and mid-caps as name meaning of the Nakshatra is growing. Being a materialistic sign, tends to be slight greedy or possessive at times. The shadow side is greed makes them blind and materialistic desire becomes obsession; Operator gets trapped in his own game, and is not able to get out of the loss making trade easily.
Sun transit will make banking stocks very volatile not necessary exit of funds but churning of portfolios within sector. Software sector gives good rising trend, well for textile, Toy manufacturing industry, PLASTIC products. Shipping industry related products. After volatile Kruttika, market tends to be more consolidation and low volume phase. Slight more positive by nature good for PSU and midcap side counters. Indices generally show positive close. Already other aspect like Mars has helped and seen in the market.
The weekly Astro-view is already sent up to 7th, and it is also uploaded on site, so won’t be repeated again.
Sun transit in Mrugga: this is my favorite Nakshatra, it is quick and sharpest in response. People born under this Nakshatra have pleasant attractive personality, smart, fast, love traveling, and are very good collectors. The fifth in series is divided in signs Taurus and Gemini. Mars is the ruling planet. Second part is influenced by Mercury, highly enthusiastic & curious natured people are found, also known as searching star. Liberation or spiritual freedom and research abilities are refined here. Quick in grasping and equally fast in response, stock market best of the hedge trades or even momentum traders have strong influence of Mrugga, being quick and trend setter, these people trade best in free zones or confused markets. Being most violent Nakshatra, they are best volatility traders.
in stock market Taurus part of Mrugga -consumer durable electronics, media, music, liquor and tobacco industry, malls, broking or portfolio management and merchant banking services directly come under this section.
The sectors indicated by the Nakshatra are telecommunication, 2 wheeler automobile, short transports and logistic business, in cars low cost mass products. The Gemini part- is more active and more at mental level of activity, has very strong connection with communication, writing or book printing, education sector and software engineers, BPO units and Radio as a industry are ruled by this part. Second set is related to education, printers and press. Dealers in machinery, computer companies, software engineers, part of Media industry is also ruled by Mrugga.
We are expecting rise during 8th to 17, new surprise opportunities will come positive announcements local and global sentiment would become optimistic, bright probability we may see further rally in the current pull back rally.
8th June major aspect – Jupiter 0 Uranus: The aspect creates new unexpected opportunities and one should be ready to take aggressive big action to make best out of it. This is very bullish aspect and most important Auspicious Tithi 11, and Nakshatra Ashwini, makes it much more important. Same Day Mercury 120 Saturn supports the intense logic behind powerful action. Watch Technology and Electrical Sectors.
9th Mercury 90 Neptune means senior guy might take some wrong decision. 10th MID POINT- Uranus (Pisces) 60 Mercury (Taurus) 60 Mars (Leo): Scorpio and Banking sector major stock movement particularly small banks on take over tussle. OIL refineries could be beneficiary. This is Very high volatility TITHI 13 – Nakshatra Kruttika.
11th is a bad day, a minor fast decline is probability. 12- Venus 60 Saturn: stability in currency markets, more matured measures will be taken by the various governments. 14th Venus 120 Uranus is very nice aspect huge wealth appreciation – a very strong rebound in government financial conditions or positive collective effect. MEDIA , A Mega hit movie possible . 15th : Mars 120 Pluto, open offer – buy back and total control of privatization of Government asset , Jupiter 120 Venus Very good for Banks
Sun moves in sign Gemini, on 16th on of the violent sign, and Nakshatra Mrugga will start giving stronger results. The planetary positions are little difficult and not favorable for the bulls. Sun sign also represents relationships neighboring countries, Air traffic, stock brokers somewhere man made destruction is indicated.
17th and 18th, last two days of the week seem a bit bullish, and investors and traders should reduce long exposure on rise. Again – 19th to 26th becomes highly volatile and negative zone, Saturn 90 Sun, Saturn aspect 10th on Sun.
21st Uranus 90 Sun, 19th & 21st will act as Midpoint – this is highly negative from index point and this aspect is capable to give big wide movements, ideally negative levels of 4800 and breaking below 4750 is big probability.
Sun will shift position in Nakshatra ‘Aardra’ Nakshatra of Rahu symbolized in one picture as ‘tear flowing with no expression on the face’ is shown, and the tears can be of joy or grief. Being highly materialistic planets has very close association stock market. Derivatives the concept and products are directly ruled by RAHU. So fortunes in derivatives can be made or lost, when ever Sun transits Nakshatra ruled by Rahu. The people under influence are deep and passionate thinkers. It has huge strength and potency, lord Rudra is fierce form of lord Shiva, the destroyer. The activity, enthusiasm and a strong urge to expand makes this zone, trend setter for few months. The results of Aardra are huge and far more than expected by the beneficiary. During the transit a determined trade or speculative position can be created, which will be taken with futuristic views, can make some one really rich and in a different plain altogether. The failure of a positive signal on nifty or individual counter, can lead to serious trouble for months. Though other planetary aspects are not confirming, now the other side final failure of bear assault can suddenly move market upwards without giving chance to cover short. Volatility and Action or participation from institutions is expected to suddenly pick up, fund buying and promoters might increase their stakes.
When Mercury is weak and badly aspected by other planets, broking community goes through lot of painful period, high friction is communication errors leads to break ups in relations, business deals and most important sentiment and logic goes for a toss. Mercury – being lord of technical analysis, when bad technicians find it difficult to judge charts, or arrive at conclusion, confusion of cycle reading increases, more whipsaws are seen.
24, 25 and 26th are again bad due to various aspects, Mercury 90 Saturn, Mercury 90 Uranus, and Mercury 90 Jupiter – this phase. Sector looking weak are software, communication and worst could turn out to be steel sector. The last day of the derivative month, is going to be very volatile with wide closing, the best thing is Nakshatra Jyestha gives good rise initially so bulls can comfortably exit positions, at slightest weakness.
28 to 30, or last 3 days of the month are looking very positive, the last day 30th Tithi is 4th with best bullish Nakshatra so a sharp movement is expected, a bright probability is positive.
Looking at the picture – it is likely that during the recovery there is indeed a huge probability of 5150 to 5210 tested in the first half of June before 19th and post June if the phase really works particularly the 19th to 21st aspects that can be big blow and vertical fall of more than 300 to 450 nifty points within 5 to 8 days.
Thank You
Mahesh Gowande
Friday, June 04, 2010
Monthly View - of MAY 2010
The month of April turned out to be lack luster with extreme narrow range bound movement, no directional breakout out or momentum was seen, must have been choppiest April by far. On the upside April failed to cross 5435, while 5160 trend support level remained intact with Nifty testing low of 5162. Banking was the sector that turned bullish while technology typical correction in the Nakshatra ‘Ashwini’ has started. Important time cycle signal was generated on 8th & 15th of April.
In our Diwali file- We had mentioned that markets will remain sideways for next 6 to 8 months till May 2010,
May technical 2010 - Nifty have to cross above 5315 in the first 5 days, of the month, or else it would be considered as extreme weakness. Failure to cross 5315, would ask to reduce long positions, hedge or buy protection. Technically current scenario is showing upside potency close above 5315, quickly would open high probability of 5438 and 5550 by May 15th. While breaking below 5202 and 5160, will confirm, testing of 4950 during time zone of May 17th to 25th. Monthly Nifty close below 5100 is expected.
May second half view is bearish; series of bad aspects could put good pressure on nifty. We are expecting good monsoon this year due to Jupiter Transit in Pisces should give good rains, across India. May decline should be used as an opportunity to go long in MNC & LOCAL Pharma companies, Medical Hospital business and since our view on Natural Gas is highly bullish, so bullish on distribution & producers and expect related companies to do well.
Monthly Sector indication- positive – Chemical & Fertilizer, infra construction, Media & Pharma health sector
Turn around or bottom fishing - Communication and Real estate
Negative & TOP out pattern– Technology, Automobile & Banks – ever rise can be used as good trading shorts.
Long term investment suggested in– Electrical Power, Hotels, Power distribution companies.
Defensive strategy – Textile, after 20th Technology counters.
Broad market view – May 1st to May 10th- Sun will remain in ‘Bharni’ bullish Nakshatra, also considered good for profit booking. Gives best results and we might see momentum TOP pattern in few banking stocks. This zone is good for averaging earlier investment. Some stocks show bottom reversal for the simple reason big change of hands and pumping of strength is seen. First week of the zone is already being sent in weekly report. First 3 days that is 3rd to 6th we are expecting bullish momentum in the market with higher volatility, 7th being Navmi and Mars –Venus aspect is good for profit booking and even small short position.
Technical expectation is nifty to cross of 5450 before 15th May.
May 10th to 14th- No major aspects in the zone, Trading buy opportunity is expected in Media & Technology as both might witness selling on 11th & 12th, while strong recovery and aggressive bullish sentiment is expected on lst two days of the week.
Negative close on New moon that is on May 14th will indicate major weakness and investors should reduce investment and Traders and Speculators should take short positions across market.
The first half of May would be best for Infra- construction companies and surprise rally expected in the chemical and fertilizer stocks, the sector could give surprise move.
May 17 to 21st: Sun transit in the Kruttika will bring high friction and more volatility in banking sector, trend divergence would get confirmed. The Venus 90 with Jupiter & Saturn on 17th & 18th respectively bring some financial crisis and international levels, turmoil in currency market will have cascading global effect.
These two days might also abruptly disturb long standing partnerships, political association and disputed, sending panic wave in the market.
19th Sun 90 Neptune, Venus 90 Uranus, aspect indicate failure of a big corporate and even Death of very senior influential leaders, which can practically change value of a large corporate.
This is the most risky zone of the month, as always unless nifty break below 5165 no need to panic sell out in anticipation but do protect buy investing in puts as insurance. Monday 17th Opening will give clear idea being Tithi 4, negativity is obvious.
May 24th to 28th, Mars on last degrees is positive sign for the real estate sector, 24th to 26th could give best investment opportunity of the month. Auspicious Day of the week is 25th May after 1.30 PM. 26th second half and 27th are far better days for the bulls and good recovery can be expected, incase markets fall in previous days.
As mentioned above Nifty close below 5100 would be considered as very positive for future trend of the market.
SUN transit & Aspects of the Month:
May 1st to 10th: Sun transits in Nakshatra Bharni, ruled by benefic and kind hearted planet Venus. Bharni, give corrective rallies or it is more of reactive in nature, most important it allows exit from trapped position to bulls as well as bear operators in the market. This is materialistic position for sun with focus on enjoyment and luxuries in life. The people under influence are materialistic, greedy, and aggressive and have good commercial sense. These people face obstacles in life due to lack of depth in their thought process, tend to take decisions in haste. Another trait of people under influence is loyalty, and high ego. They won’t change opinion even after knowing that they are wrong. There is an attitude to use force and dedication to work hard to get the desired results. Sector: RAILWAY, Tax collection, Insurance Claim settlement, Event Managers and TEA companies. TEXTILE industry has good connection, and STEEL stocks would show a very smart swing reversal on important days, particularly ‘Navmuansh’ when ever strong.
Sun transit in Kruttika, May 11 to May 25th, its own sign, it is not considered as good Nakshatra the results are harsh and has tendency to give divergence, separation, people ruled are particularly high headed and hardnosed. They can be crusaders against injustice, protective of others, persistent and stubborn, but also aggressive and fiery. Major corporate disputes or family disputes leading to a break up, in to smaller companies. Ideas of hiving of business in to different entities are born under Kruttika influence and they also deliver very good results. Chemical companies including fertilizer perform better under Kruttika influence, Bomb or Explosive industry, Acids, Military Vehicles’, International trades, Mining industry, and Mechanical contractors.
Astronomical Positions of planets.
Mercury – Remains in Aries all through the month, currently retrograde position is allowing people to cross verify their earlier view, giving time to formulate strategy of next few month, as once mercury get direct post 11 May, market will become very active and give wide volatile movements. We are about to see major breakout in the month of May-2010. Correction in few stocks particularly communication is likely to continue till 11th and then small rise can be expected. ACTIVE – medium strong.
Venus: Going strong till 17th, in sign ‘TAURUS’, its own house benefitting banking sector on the whole. 12th May onwards cautious approach will turn into over confidence, Communication and Technology sector would out perform in the market, especially during falling market these two sectors would fall the least. Venus becomes weak and wealth erosion in big can be expected post 17th as soon transit in Scorpio ‘Navmuansh’ begins in Sign GEMEINI. Transit after 17th will help recovery in media stocks. VERY STRONG.
Mars – remains in Cancer till almost end of the May till 27th, but the speed is increasing now day by day, and wide volatility in the market is expected. Already post 15th the effect of Sign Leo will start reflecting in the market.
Real estate, final bottom testing before leaving sign cancer is already in process, and expected to take few stocks out of long bearish phase, some good news expected for the real estate. WEAK- but active now.
Jupiter – Transit in own sign Pisces on May 2nd would bring huge changes in various sectors, First nifty would give a break out very soon. A more detailed Jupiter effect will be posted and sent to all, in coming few days. As far monthly is concerned Media and Pharma MNC expected to do very well. Big speculators – who have not been able to make big money since past few days, may be able to make very big money in the Month of MAY.
Most important – FII inflows would increase in coming few months. VERY strong highly result oriented.
Jupiter aspect of Scorpio and Cancer will boost agricultural production and Fertilizer companies would do very well.
Saturn – Virgo, will remain in the sign and effects already discussed. 18th Venus 90 Saturn, Venus under 10th aspect of Saturn might show good value erosion or some negative news for the people working in BANKs, bigger negative news from INTEREST rates and Currency markets is expected.
Thank you,
Mahesh Gowande
Equity futurologist
In our Diwali file- We had mentioned that markets will remain sideways for next 6 to 8 months till May 2010,
May technical 2010 - Nifty have to cross above 5315 in the first 5 days, of the month, or else it would be considered as extreme weakness. Failure to cross 5315, would ask to reduce long positions, hedge or buy protection. Technically current scenario is showing upside potency close above 5315, quickly would open high probability of 5438 and 5550 by May 15th. While breaking below 5202 and 5160, will confirm, testing of 4950 during time zone of May 17th to 25th. Monthly Nifty close below 5100 is expected.
May second half view is bearish; series of bad aspects could put good pressure on nifty. We are expecting good monsoon this year due to Jupiter Transit in Pisces should give good rains, across India. May decline should be used as an opportunity to go long in MNC & LOCAL Pharma companies, Medical Hospital business and since our view on Natural Gas is highly bullish, so bullish on distribution & producers and expect related companies to do well.
Monthly Sector indication- positive – Chemical & Fertilizer, infra construction, Media & Pharma health sector
Turn around or bottom fishing - Communication and Real estate
Negative & TOP out pattern– Technology, Automobile & Banks – ever rise can be used as good trading shorts.
Long term investment suggested in– Electrical Power, Hotels, Power distribution companies.
Defensive strategy – Textile, after 20th Technology counters.
Broad market view – May 1st to May 10th- Sun will remain in ‘Bharni’ bullish Nakshatra, also considered good for profit booking. Gives best results and we might see momentum TOP pattern in few banking stocks. This zone is good for averaging earlier investment. Some stocks show bottom reversal for the simple reason big change of hands and pumping of strength is seen. First week of the zone is already being sent in weekly report. First 3 days that is 3rd to 6th we are expecting bullish momentum in the market with higher volatility, 7th being Navmi and Mars –Venus aspect is good for profit booking and even small short position.
Technical expectation is nifty to cross of 5450 before 15th May.
May 10th to 14th- No major aspects in the zone, Trading buy opportunity is expected in Media & Technology as both might witness selling on 11th & 12th, while strong recovery and aggressive bullish sentiment is expected on lst two days of the week.
Negative close on New moon that is on May 14th will indicate major weakness and investors should reduce investment and Traders and Speculators should take short positions across market.
The first half of May would be best for Infra- construction companies and surprise rally expected in the chemical and fertilizer stocks, the sector could give surprise move.
May 17 to 21st: Sun transit in the Kruttika will bring high friction and more volatility in banking sector, trend divergence would get confirmed. The Venus 90 with Jupiter & Saturn on 17th & 18th respectively bring some financial crisis and international levels, turmoil in currency market will have cascading global effect.
These two days might also abruptly disturb long standing partnerships, political association and disputed, sending panic wave in the market.
19th Sun 90 Neptune, Venus 90 Uranus, aspect indicate failure of a big corporate and even Death of very senior influential leaders, which can practically change value of a large corporate.
This is the most risky zone of the month, as always unless nifty break below 5165 no need to panic sell out in anticipation but do protect buy investing in puts as insurance. Monday 17th Opening will give clear idea being Tithi 4, negativity is obvious.
May 24th to 28th, Mars on last degrees is positive sign for the real estate sector, 24th to 26th could give best investment opportunity of the month. Auspicious Day of the week is 25th May after 1.30 PM. 26th second half and 27th are far better days for the bulls and good recovery can be expected, incase markets fall in previous days.
As mentioned above Nifty close below 5100 would be considered as very positive for future trend of the market.
SUN transit & Aspects of the Month:
May 1st to 10th: Sun transits in Nakshatra Bharni, ruled by benefic and kind hearted planet Venus. Bharni, give corrective rallies or it is more of reactive in nature, most important it allows exit from trapped position to bulls as well as bear operators in the market. This is materialistic position for sun with focus on enjoyment and luxuries in life. The people under influence are materialistic, greedy, and aggressive and have good commercial sense. These people face obstacles in life due to lack of depth in their thought process, tend to take decisions in haste. Another trait of people under influence is loyalty, and high ego. They won’t change opinion even after knowing that they are wrong. There is an attitude to use force and dedication to work hard to get the desired results. Sector: RAILWAY, Tax collection, Insurance Claim settlement, Event Managers and TEA companies. TEXTILE industry has good connection, and STEEL stocks would show a very smart swing reversal on important days, particularly ‘Navmuansh’ when ever strong.
Sun transit in Kruttika, May 11 to May 25th, its own sign, it is not considered as good Nakshatra the results are harsh and has tendency to give divergence, separation, people ruled are particularly high headed and hardnosed. They can be crusaders against injustice, protective of others, persistent and stubborn, but also aggressive and fiery. Major corporate disputes or family disputes leading to a break up, in to smaller companies. Ideas of hiving of business in to different entities are born under Kruttika influence and they also deliver very good results. Chemical companies including fertilizer perform better under Kruttika influence, Bomb or Explosive industry, Acids, Military Vehicles’, International trades, Mining industry, and Mechanical contractors.
Astronomical Positions of planets.
Mercury – Remains in Aries all through the month, currently retrograde position is allowing people to cross verify their earlier view, giving time to formulate strategy of next few month, as once mercury get direct post 11 May, market will become very active and give wide volatile movements. We are about to see major breakout in the month of May-2010. Correction in few stocks particularly communication is likely to continue till 11th and then small rise can be expected. ACTIVE – medium strong.
Venus: Going strong till 17th, in sign ‘TAURUS’, its own house benefitting banking sector on the whole. 12th May onwards cautious approach will turn into over confidence, Communication and Technology sector would out perform in the market, especially during falling market these two sectors would fall the least. Venus becomes weak and wealth erosion in big can be expected post 17th as soon transit in Scorpio ‘Navmuansh’ begins in Sign GEMEINI. Transit after 17th will help recovery in media stocks. VERY STRONG.
Mars – remains in Cancer till almost end of the May till 27th, but the speed is increasing now day by day, and wide volatility in the market is expected. Already post 15th the effect of Sign Leo will start reflecting in the market.
Real estate, final bottom testing before leaving sign cancer is already in process, and expected to take few stocks out of long bearish phase, some good news expected for the real estate. WEAK- but active now.
Jupiter – Transit in own sign Pisces on May 2nd would bring huge changes in various sectors, First nifty would give a break out very soon. A more detailed Jupiter effect will be posted and sent to all, in coming few days. As far monthly is concerned Media and Pharma MNC expected to do very well. Big speculators – who have not been able to make big money since past few days, may be able to make very big money in the Month of MAY.
Most important – FII inflows would increase in coming few months. VERY strong highly result oriented.
Jupiter aspect of Scorpio and Cancer will boost agricultural production and Fertilizer companies would do very well.
Saturn – Virgo, will remain in the sign and effects already discussed. 18th Venus 90 Saturn, Venus under 10th aspect of Saturn might show good value erosion or some negative news for the people working in BANKs, bigger negative news from INTEREST rates and Currency markets is expected.
Thank you,
Mahesh Gowande
Equity futurologist
Last week Update
The remarkable recovery from the lows started on 26th exactly on the day Mars changed house from Cancer to Leo. Leo represents indices, and Mars has infused huge energy in the sign, broad market recovery was less but Nifty futures kept moving upwards without any resistance at any levels. The rise from the lows is strong enough to make chartist reconsider to term it, as PULL back or End of correction that began on January 17th.
Our opinion current rally remains a pull back, June Month first 15 days showing little more favorable to Bulls, and someone up in the havens lovingly wants to give bulls a good chance to exit, from weak long positions. Few aspects are strong enough, to take nifty above 5215 levels. Markets would remain Volatile with wide movements, unlike last few weeks when volatility was range bound. More detailed analysis would be provided in Monthly June view.
Saturn direct 3rd aspect will help Scorpio based industries chemical and Oil marketing companies, while 10th aspect will hurt communication companies and software product prices.
Our opinion current rally remains a pull back, June Month first 15 days showing little more favorable to Bulls, and someone up in the havens lovingly wants to give bulls a good chance to exit, from weak long positions. Few aspects are strong enough, to take nifty above 5215 levels. Markets would remain Volatile with wide movements, unlike last few weeks when volatility was range bound. More detailed analysis would be provided in Monthly June view.
Saturn direct 3rd aspect will help Scorpio based industries chemical and Oil marketing companies, while 10th aspect will hurt communication companies and software product prices.
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