Despite all the computers and all the fundamental and technical analysis, investor psychology is still the most significant factor in market behaviour. Actually, so-called technical analysis is simply an attempt to measure and evaluate on a mathematical basis, the psychological condition of the market.

We tested various astrological dictums on past graphs of intraday "Sensex", which represents the mood of Bombay Stock Exchange at any given moment. Specially those graphs were chosen for our research which showed significant intraday fluctuations and made several tops and bottoms during trading hours. Through consistent efforts of refining our methodologies, we were able to achieve the success rate, ranging between 70% and 90% on different Sensex graphs. Our astrological model could successfully create intraday astro-graphs which synchronized with the actual Sensex behaviour with error margin of 5 to 7 minutes. The system was tested on more than 30 Sensex graphs and results were mostly consistent, except for three graphs, where our system failed miserably due to unknown reasons. Otherwise, in most of the graphs, our system could identify approximately 70% to 90% intraday "Tops" and "Bottoms" accurately.

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