The
concept of "Vjyotish Index" that we are introducing you, is like a projected
balance sheet of the concerned market for the given period. Vedic astrology captures this
balance sheet from time tested mundane horoscopes. By analyzing these
indices, you can gauge the rising and falling
trends of a market.
This
is our humble effort to strip off astrology from all its
alchemy and magical image to its proper place as any other
modern liberal science and make astrology relevant for the new
millennium.
What
is a Vjyotish Index ?
A
Vjyotish Index is drawn from the cumulative "net
astrological effects" of 9 different planets - Sun, Moon,
Mars, Mercury, Jupiter, Venus, Saturn, Rahu and Ketu; and 12
houses-
computed on the basis of the concerned mundane horoscope.
Vedic astrology does not consider Uranus, Neptune and Pluto.
We
have calculated the "net effect" of each planet and
house (algebraic sum of its positive and negative effects) for each
day. The algebraic sum of net effect of relevant houses and planets (qualifying the parameters like -
Lords of the relevant houses, Significator, Dasa lords, etc.)
are summed for any given day which becomes the "Vjyotish index value" for
that day. These positive and negative effects have been computed on the basis of
ancient Vedic astrological principles and are unique for
each horoscope. Vjyotish index is shown in the form of a
bar-graph of the cumulative value of the daily net effect of
required constituents. The bar-graph is plotted as horizontal
bars on a vertical axis which represents the time period.
Note:
Sometimes, a market index is drawn on the basis of a
Western astrology principle. In that case, Uranus, Neptune and
Pluto. are also considered.
Constitution of a Vjyotish index:
The
optimum value of a Vjyotish index
is "zero". Astrological values generated by Vjyotish for any
single date, may be either a 'negative'
or 'positive' value.
Negative values are plotted as 'red horizontal bars'
on the left side and positive values as 'green
horizontal bars' on the right side of the index's
vertical date axis. The vertical axis itself also represents the 'zero-line'.
The
concerned "Month"
and "Year"
are shown on the upper left-hand corner of the index, parallel
to the starting date. "Date"
itself is shown on the vertical axis of the index.
The maximum
and minimum Vjyotish values, during the period under consideration, are
shown at the top of the chart in a horizontal bar. Both these
figures are same, except that, one is positive and other is
negative. The negative figure is written on the left and
positive one on the right side of this bar. These are
self-generated astrological values by the program. Either of
these figures must have been touched by the respective index
during the period under consideration.
Please
read
"Background
and technical explanation" for more information
Caution:
If the
period under consideration is smaller than a year (say,
it's a 30 days index), it must be borne in the mind that it is
simply showing a magnified "piece" from a broader
picture (say for example - from a 365 days index).
If we draw a
365 days index, these maximum and minimum values may
altogether be different in that broader perspective. Then, the
size of "red"
and "green"
horizontal bars in the index may considerably change due to
their adjustments as per the new "maximum"
and "minimum"
values. However, the index pattern will remain the same.
Therefore,
it is always advisable to check the index of a large period to
draw better conclusions.
Author's
observations with the Vjyotish indexes
The
author's personal observations with the Vjyotish indexes has
gathered him some experience to use them more efficiently. It
will be better to keep in mind the following points, while
using VJyotish indexes:
- Vjyotish
indexes gives excellent results while trying to find the "turning points" in a market. The author's experience
shows that there are sudden turns in a particular market when
there are extreme changes in Vjyotish index values. Watch out,
specially, for extremely negative or positive dates in it. You
might be looking at some very significant turning points of a market.
- Actual
market behaviour may differ from the Vjyotish index by one or
two days.
-
The results
are more authentic, whenever, either 'red'
or 'green'
bars are shown continuously for a long patch of time. Do not
use the index, when flickering results are there in it.
Thicker the "red"
or "green"
patch in the index, the greater the probability is.
- Some times
it has been observed that if the market fails to rise in the
extremely "green
period",
shown by the Vjyotish index, the market falls
substantially thereafter at the end of this "green
period".
It makes the previous "green period"
look like
a peak when seen from a substantially low zone after a few
days. Therefore, be cautious and expect a substantial fall if
markets do not rise while Vjyotish values were quite positive.
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