Thursday, February 16, 2012

Who will win … Saturn or Jupiter ?

16th Feb 2011, Nifty hovering around 5500 levels as a celestial drama unfolds and has confused the very best of astrologers to predict if the bull run has started or it’s just a bear market rally and when will this rally end if it’s a bear market rally.
Jupiter is very evident as it remains in close aspect with Uranus. In the coming days there were signs that it will weaken and suddenly we notice another positive aspect with Pluto in March around the budget time. Whether that translates into higher highs and strengthen the beliefs that a bull run is started and we will test the old high of 6300 in the coming days…. will Jupiter influence the finance minister to talk thru the best of the budget speech that we have ever heard in the slowing economy… We know that Jupiter rules the banking sector… will the RBI governor under the influence of Jupiter Pluto aspect continue to now give nice news and introduce rate cuts…  and there are many astrologers who look up to Jupiter and go gaga predicting a bull run…., it’s not only the Jupiter Pluto aspect but some strength to the bull run is provided by the Sun Mercury combination too but there may be a sudden one day fall and another day gain kind of scenario.
On the other hand we have Saturn…, who has turned retrograde on February 7, we had a set of folks who looked at Saturn’s retrograde motion and did short the market at 5400 levels and surprisingly the market moved up. We need to remember that Saturn effect is not immediate… Saturn is the planet most closely associated with issues of debt and we will surely see the Europe issue haunt back, the very nature of Saturn is slow and give the results late but for sure… this retro motion of Saturn will last for four months and this also coincides with the Jupiter dasha ending in the Indian horoscope which can cause the downfall.  While Jupiter, Sun, Mars and Mercury is pushing the banking sector, PSU’s, Telecom and reality we will start noticing the effect of Saturn on Oil Marketing companies and Metals. Look at Reliance Industries in the coming four months for sure this stock will test its December lows while a resistance can be seen at 900 levels.
While we wait and watch this celestial drama unfold its way to continue the bull run and test new highs of 6400 in the coming months and possibly a 7000 by March 2013 or break this bear market rally and pull back the Nifty back to 4900 levels in the coming months and still worst a 3800 by end of March 2013. It’s always good to stay invested in good scripts and buy on every dip with a very long term view. Just like we buy a property or gold and pass on the legacy to our next generation every bear market fall be an opportunity to accumulate and wait patiently sitting aside on your money during a bull run every dip should be seen as a buying opportunity. Remember the nature of the planetary journey is cyclical and every cycle will last for a period of time before the up move continues in the next cycle… in a long run you will always benefit from the markets compared to the short term trading.
The traders favorite is  always been the Moon and Mercury, trade the market with the mood of the moon and use the full moon day / new moon day principle to enter long or short the market and for sure the mercury retrograde cycles if you want to trade the option market on a down side.

1 comment:

  1. Raj very good analysis though i do not understand much of astrology, but ur sense of reading the mkts is excellent, ur entire reading coincide with technicals of mkts

    Great job keep doing it - will soon plan money m

    ReplyDelete