Sensex Technical Analysis: 31st August 2008

Dear All,



Please see the pic attached. As discussed, the correction of the fall from 17735.70 on 5th May 08 to 12514 on 16th July 2008 is being witnessed. The fibonacci levels fall as follows (as marked by dark purple colour in the chart): 23.6 % at 13769, 38.2% at 14510, 50% at 15130, 61.8% at 15757, 70% around 16172 and 76.8% at 16563. 200 EMA is at 15734. 200 DEMA is at 15380. SO all in all 15700-16180 is a strong resistance zone. The sensex seems difficult to move beyond these levels.

On long term charts, 50% retracement level to rise from 4227.50 to 21206 is around 12716 which has been tested. 61.8% level is at around 10713, 70% is at 9321.

The sensex will surely hover around 12716 levels before crumbling to 10713 and then last leg of the fall would bring it to around 9321. THIS WILL BE THE LEVEL TO FINALLY ENTER INTO MARKET WHEN GENERAL PEOPLE WOULD THINK OF SENSEX MOVING TO 7500 LEVELS.

ASTROLOGICAL VIEW

Jupiter - Rahu conjunction will occur around Mid February 2009. Alternate Mercury retro period will occur from 11th January 2008. Jupiter - Uranus Sextile will occur in Mid November 2008. Mars- Saturn Sextile will occur on 29th October 2008.

Looks sensex to hover around 12500 till mid november, then in january 10700 and after Feb mid will start the journey for final bottoming out at 9321 levels.

Rest All is GOD.

Sensex to dip and Rebound

Dear All,

After a lot of time, i am posting once again. As already written in my earlier mail, Mercury is going to be retrograde on 28th May 2008. It will remain so till 17th June 2008. So after October 2007, the is yet another alternative cycle of the mercury being retrograde. So, the financial markets are going to behave in the similar fashion in the aforesaid period. After 31st May when Mercury gains speed it should bring fall in the market which would continue till the half of the period mentioned. The fall should continue till 7th June after. I have also marked the similar pattern in the picture attached. The ellipse marked in green highlights the period during which the same will happen. So my suggestions would be to, sell your longs and/or buy Nifty Puts and/or sell Nifty calls or go short or/and HEDGE YOUR LONGS FOR SURE on 30th May 2008 after 3 PM.

Financial Astrology : Some Divine Facts

Chart 1: Mars at High Declination

This is most important and significant rule of Astro Science i have found out in my study till now.

2004 April- May: Sensex made a high of 5979.25 on the mars reaching highest declination point. As soon as declination started turning negative the sensex started falling and with the speed of mars gaining it made a low of 4227.50. CORRECTION of 29.29%.

2006 May- June:- Sensex made a high of 12671.11 on the mars reachign highest declination point. As soon as declination started turning down, the sensex started falling and with the speed of mars gaining it made a low of 8799.01. CORRECTION of 30.56%.

2008 January- February:- Sensex made a high of 21206.77 on the mars reachign highest declination point. As soon as declination started turning negative the sensex started falling and with the speed of mars gaining it made a low of 15332.42. CORRECTION of 27.70%.

I thing it provides a lot of input. I had referred this declination points in my group mails before as reproduced above.

Chart 2: October 2007 Mercury Retrograde




The sensex made a short term top at 19200 somewhat on 16th October and 18th October again. The P- Notes issue arose and the markets tanked by 10% correction during the mercury retro period. Now as per financial astrology it has been found out that, within the retro period sensex makes a corrective bottom and then reach the top also during the end of the retro period. It means that it has to complete a V-Shape during this retrograde period. This has been observed at times after every alternate Retrograde Period of MERCURY like in July 2006, February 2007,October 2007. Next alternate period is around June ist week of 2008 (Exact date can be referred in ephemeris).

THE EFFECT OF MERCURY AND VENUS RETROGRADE CAN BE VIEWED IN CHARTS 3 and 4.


The above techniques referred above are only tip of the iceberg. In everyday trading, Moon plays a very important effect. Its effect on aspects with all the other planets play a very important role. Since whole of the science cannot be reproduced in a small mail, i tried to depict a couple of techniques, infact sureshot techniques.

NOW people in the past have raised questions like , if i can predict like that , then i will be a billionaire. The simple answer is its fixed for me also , whether i will be millionaire or billionaire or i will be losing money in the stock market. Since everything can be seen from my Kundli (Birth chart) also.

Astrology is a Science

Whether you believe it or not Astrology is a Science. Whatever Astrologers predict, they predict on the base of certain scientific rules. Astrology is a group of systems, traditions, and beliefs in which knowledge of the apparent relative positions of celestial bodies and related details is held to be useful in understanding, interpreting, and organizing information about personality, human affairs, and other terrestrial matters. A zodiac of 360 degree can be divided into 1800 parts, where again each planet posited in each different 1800 parts gives different results. In every 48 seconds maximum the results will vary of different native born and at different places.

Not only the Science can be applied in human life but also it can be applied in the financial markets, nations, and other matters whatever you can think of.

It was myself who didnt believe, or rather I would say I didnt have the knowledge so I didnt believe in this Science. After visiting a astrologer at a very young age of 22 , I realised there is something in it. This inquisitiveness led to to start the research into this wonderful and divine science.

The Sun Sign or Moon sign do not solitarily create all the characteristics present in a Person. The Ascendant (The Sign rising on the Eastern horizon at the time of Birth, from the Birth place) has a major part to play too in the Nature Persona- of the person.

I am based out of Kolkata and professionally I am a Chartered Accountant with ranks at all stages of the exam. I was accredited with 6th rank all over India in my CA Finals Examination. Since passing out the CA and till October 2009, I have been associated with Axis Bank Limited (erstwhile UTI Bank) and working there in their Capital Markets Division. Thereafter i have associated myself with SBI Capital Markets ltd at Kolkata.With God`s grace, Astrology has been very kindest of gift to me. If anyone is having any problem related to any sphere of life or want me to see their horoscope, then please feel free to call me at +919830084593 or email me at sumitbajaj2000@gmail.com . It would be preferable if you may call. Anyone can get in touch with me anytime day or night.