Prediction :
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"... we are heading for short term correction, market is likely to bottomed out around first week of October, 2014, then we will see rise again till the end of October, 2014 ... fall should be low and rise should be high..."
Reasons:
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We know that in Krishnamurth Padhdhati (KP) 2-6-11 significators create wealth, whereas significators of 5-8-12 create depreciation in wealth. Following snapshots shows weekly KP significator tables for each Monday between 04-08-2014 to 02-11-2014, at 09:15AM, for NSE coordinates.
Assumption :
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When we move forward from week to week, if number of signifcators of 2-6-11 increases, bulls will start dominating and vice versa, and when both becomes equal then there will be pause or consolidation.
Application:
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From below snapshots, we can notice that 2-6-11 significators being decreasing and 5-8-12 being increasing till 29-09-2014 and on 06-10-2014 they became more or less equal and then sudden increase in 2-6-11 significators from 13-10-2014 till the end of October month.
Magnitude of fall or raise:
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Will fall and raise be of equal magnitude? I think fall will be less and rise will be high... because number of 5-8-12 significators are less during correction, but number of 2-6-11 significators are more during rise...
Timing Accuracy:
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Timing Accuracy could be around 70%, that is tolerance of +/- one week, if we erect chart for every working day during this period, then timing accuracy can be improved to 95%, with tolerance of +/- one day.
Software Settings:
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KP Ayanamsa, Mean Node, Geographic Latitude and Nutation off.
Suggestions, corrections, improvements and comments are most welcome...
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