Technical Analysis alone cannot identify the initial primary trend and

thinks that the start of the Primary Bull Market is a bear rally. Conversely

the start of a Primary Bear Market is seen erroneously as a bull decline.

Stock Market Astrology sees these initial points in an intuitive flash ! It

is clear that Predictive Astrology can supplement Technical and Fundamental

Analysis !

We do not claim that all predictions of Stock Market Astrology will be cent

percent accurate. If it was so then astrologers would own half the world. We

can say that Probability for accuracy is 70% ! While Mundane Astrology gives

us the political map, Financial Astrology gives the economic picture of the

nation. Technical and Fundamental Analyses are good diagnostic tools in the

stock market. But they cannot attain perfection without Predictive

Astrology, which itself is another diagnostic tool !

Determination of Trends as per Dow Jones Theory

Let us analyse how Dow Jones determines trends.

"Successive rallies penetrating preceding high points with ensuing declines

terminating above preceding low points offer a bullish indication.

Conversely, failure of rallies to penetrate previous high points with

ensuing declines carrying below former low points is bearish. Inferences so

drawn are useful in appraising secondary reactions and are of major

importance in forecasting the resumption, continuation or change of the

primary trend. A rally or a decline is defined as one or more daily

movements resulting in a net reversal of direction exceeding three percent

of the prices of either average. Such movements have but little authority

unless confirmed in direction by both averages, but the confirmation need

not occur on the same day. " ( The ABC of Stock Speculation ).

What it means is that the Bear Phase is characterised by falling resistance

and support levels & Bull Phase vice versa !

Theoretically nice, but all this is very difficult to implement.

Intuition alone can identify trends

Determination of trends is the major factor for stock market success. We

find that there is confusion in applying the principles of Technical

Analysis. A crash of the market may be seen as a bull decline and the start

of a Primary Bull Market may appear as a bear rally. Again the duration of

the Bull Phase or a Bear Phase is not known to Technical Analysis.

The British philosopher Schelling defined Intuition as " that faculty of the

Absolute, which perceives the Absolute as the Absolute ". In other words,

Intuition alone can see Reality. Aurobindo averred that " behind the

phenomenal world is the Transcendent Reality which Intuition alone can see".

It was Intuition alone which revealed the Ultimate Reality to Aurobindo,

Ramana Maharshi & Sankara .

If Absolute Reality can be known by Intuition, why not stock market trends ?

Celestial causes for the rise of the Indian economy

Jupiter, the significator of finance, in India's lunar second, in the House

of Wealth can only mean an economic boom. Rising GDP growth ( as per CMIE

8.5 % ), rising agricultural growth ( 4.3%), rising forex reserves ( $ 276

billion ) and rising exports. Steel exports have risen to 47%, software 34%

and auto 34%. . It is true that one negative factor, Saturn in the 2nd

rising

imports ) is detrimental to the Indian economy.

Dow Jones Theory is not Infallible

It is not an infallible system of beating the market and its successful use

requires serious study and the summing up of evidence must be impartial. The

wish must never be allowed to father the thought

There are slight complaints that our articles are too informative or too

intellectual. What we have done here is to acquaint ourselves with the Dow

Jones Theory, which are the collective research findings of Charles Dow,

Hamilton & Nelson and to incorporate Intuition, which alone can determine

trends ! Right information is crucial to success. Adam Smith, the father of

Economics remarked that " there is no substitute for information. The

market is not a roulette wheel. Good ideas and good research are an absolute

necessity in the market place ". We are one of the best researched dotcoms

in the world. Stay invested and we will warn you about the dangers ahead !