Mercury in Exaltation - this happens when it is in Virgo and Aquarius (Mercury is also the ruler of Virgo).
Mercury in its Fall - this happens when it is in Leo and Pisces - the opposite signs to its two exaltations of Virgo and Aquarius.
Mercury in exaltation or in its own sign occupying a cardinal house either from ascendant or from the Moon produces Bhadrayoga. The combination produces gracious behavior.
One of the five combinations under Pancha Mahapurushayoga (q.v.) Mercury in exaltation or in its own sign occupying a cardinal house either from ascendant or from the Moon produces Bhadrayoga. The combination produces gracious behavior.
 See also: Ecliptic, Venus, Part, Mercury, Sun
  
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