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Saturn when about to enter Capricorn in Jan 2020 - Had resulted into Global Pandemic- Covid19 (Corona Virus) - Saturn Moved out of Capricorn in late March 2020 & resulted in Global Index bounce almost retracing 80% in Dow Jones & SP500 & price-wise it has done very similar activity as it did 90 years ago in the 1930s
Now, Saturn retrograde (reverse) (July-Dec 2020) -if planets are going to repeat the same path -it is very obvious that the same set of activities shall be repeated by all of us.
My dear followers, I would suggest only one thing to be cautious at every push upside. Don't trade using emotions -Let market show you the next way round - So, get ready for yet another exciting journey.
--------------------------------------------------------------------------------------------------------------------------- Thanks for watching this video & your precious time.
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18:13 Hrs / 22nd June 2020
Last Price @ 1752
Plan B Active - Selling if holds below 1800 Level ----------Day High 1803/1805
Photo at 09:44 Hrs / 22nd June 2020
Review of 22nd June 2020
Started well right from the top - How many of you enjoyed the fall below 1800 to 1750 & later to 1735
Photo at 18:12 Hrs / 22nd June 2020
--------------------------------------------------------------------------------------------- Plan for 23rd June 2020 -----------------------------------------------------------------------------------------------
Strictly if crosses above 1755 & should hold above 1755- 1760 zone then Plan -C may start as suggested in the Trading Strategy Above in the main idea. Please refer it. or if fails to cross 1755-1760 zone in morning session then wait for another dip close in 1700-1720 zone & execute plan-C as suggested for 1800 (Target 1) & Above 1805 for Target 2-1850
Strictly -----------Consider Plan -C only if holds above 1700 levels.-----------Strictly
Thanks & Have a wonderful session tomorrow. Take Care.
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10:24 Hrs / 23rd June 2020
Last Price @ 1739
1730-1740 - can be the possible support zone - so crossing 1740 & above -keep a watch as small fall could be done below 1755-1760 zone
If crosses above 1740 & holds above that level then expect 1800 (Target 1) & Above 1805 - Expect 1850 (Target 2)
Don't forget to trail your stops as you keep moving upside as it is final leg -a dramatic fall could be expected post the final leg upside.
Reached channel top at 817 Highs -------------------So be careful at the tops- Let market show us the way downside if stops at channel tops.
--------------------------------------------------------------------------------------------- Thanks & Manage your risk properly
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12:01 Hrs / 23rd June 2020
Last Price @ 1730
Oh-----------It almost touched 1720 levels & turning upside - Keep a close watch as we eagerly wait for next round of wave for 1800 & above 1805 as 1850. Thanks
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08:08 Hrs / 24th June 2020
Last price @ 1720
Strategy for 24th June 2020
Post Falling from 1800 Tops - Plan B is almost looking completed but as a trader you need to have patience & wait for next wave to start upside once it crosses above 21 periods Moving Average which is to sustain a move above 1730 post crossing for 1800/Above 1805 for 1850
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09:11 Hrs / 24th June 2020
Positive Bias Till we get fall below 10390 as confirmation for the downside wave next
Traders should wait for Nifty to fall below 10390 for the next wave to start downside or look for 10540-10560 resistance zone where next upside halt can come & meantime #Reliance will finish its upside leg
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13:09 Hrs / 24th June 2020
Last Price @ 1755
Started Moving Upside As expected from close by levels of 1700. Day Low @ 1712
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13:51 Hrs / 24th June 2020
Last Price @ 1734
It Jumped to 1770's & had a fall back close below 1730. The Story Repeats Again - "Holding Above 1730 - You may expect once again close to 1800 levels. Manage Your Risk Upside as Index Nifty is halting in 10540-10560 zone
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10:28 Hrs / 25th June 2020
Last Price @ 1735
We are still expecting 1800 & Above 1805 for 1850 Upside Targets as per mentioned Plan-C till the time stock is holding above 1700 levels
Going below 1700 would indicate to remain cautious & avoid or close all long positions.
Hope to safe journey towards 1800 & above. Best of Luck. Thanks
@Vikaslohia, Even i have same question. If CMT qualified people start talking about astrology to predict market how can someone believe in reliability of technical analysis as investment tool.
Do they teach astrology at CMT ?
arka7trader
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@Vikaslohia, sarcastic laga to nehi... serious hi hay sayed
indiamarketoutlook
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Very intriguing co-relation and coincidence. 2 powerful planets Jupiter and Saturn went retrograde mid May and from 18th May Nifty has seen a nice 20% rally.
Market up movement has coincided well with retrograde movement of Saturn and Jupiter... It's an interesting angle here, Abhishek...
Both these planets go direct; Jupiter mid September and Saturn September end.... Will be keenly watching how markets behave during those times and yes when these planets change house too.
Nice inputs...
Cheers
pawarminal134
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very helpful. Excellent analysis. Deadly combination of technical analysis with astro knowledge. Thanks again for your analysis.
kirankumar24
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There will be more people who will be bull trap between 10500 to 11000 nifty levels
ganganaikg14267
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Madam it is an excellent explanation & very useful to Lerner & new entrents
Thanks a lot