Fortis Health Buy on a small decline, better to accumulate for few weeks, this could be a good medium-term investment bet. 

 

 

Dabur - Pointed Top pattern, Sell trade with the nearby stop. 

 

Last week, Monday to Wednesday market sentiment should more optimism, and markets went up, the rise & gains were given back in the last two days.

The bottom of 15450 got confirmed on the daily charts, and the weekly bottom has shifted to 14430. Markets love the investors, traders, and the speculators, it gives enough opportunities and signals to make money, it gives 2^nd or even 3 chances to get out of loss-making trades. fear of height (expensive valuation) is noticeable by the delivery volumes in frontline stocks. Falling volatility and choppy movements are signs of a major either price correction or long sideways of time correction.

 

July 12, 2021: Monday: S.2-8.20/S.3: Ashlesha: Good Day

Tithi gives a nice trend or a directional price movement on the markets, the initial price move is slow and gradually picks the momentum. Breakouts or consolidation breakout indicators give excellent responses to the Nakshatra Ashlesha. Extremely well-planned aggressive actions, which have been noticed in the past under the influence of Nakshatra Ashlesha. Metal sector stocks & especially steel-producing stocks have a direct connection with the Ashlesha Nakshatra Moon, big moves give superb trading opportunities. We highly recommend – trade-in only momentum stocks, and preferably stick to the main trend movement. Positive closing is expected.

STBT is highly recommended.

BUY—M&M, Dr.Reddy, SUN TV, HIND LEVER, Ramco Cem – McDowell.

SELL: --BEL, PI IND, WHIRLPOOL, ONGC, and Godrej.

 

July 13, 2021: Tuesday: S.3-8.25/S.4: Magha: Auspicious Day

A higher opening of the markets should not surprise a trader, and he should be more confident about his trading plan of the day. Positive movement is an opportunity to sell and book profits and if needed add more short positions.  Deception is the quality of Tithi 4, so wait for the confirmations, delayed participation would add benefits.

Cement, Textile and Real estate stocks, Low beta consumer sector stocks tend to do well, sell trades in technology, index heavy, and high beta stocks are the best to look for a sell trade. Market neutral long-short Baskets would be a highly rewarding strategy for the day, going contrarian or against the market short-term sentiment can give extremely high rewards.  

Jupiter 120 Mercury – of July 12 would give more results today, keep an eye on a cement or Infra stock for the big move, and IT & communication stock for selling, keep the position for 3 to 8 days for bigger gains. STBT recommended.

Buy – MARUTI, HDFC ltd, Infosys, JSW Steel, LT, MARUTI, and WIPRO

Sell – HERO, BASF, PIDILITE, HCL Tech, and Hindalco.

  

 

 

July 14, 2021: Wednesday: S.4-8.03/S.5: Poorva: Good day after 13

Tithi 5, gives or adds momentum to the exciting trend. Nakshatra is optimistic, more often rising price movement has been recorded. Venus 0 Mars is giving an extremely negative impact with the outlook of 5 days, and prominently IT sector could witness selling pressure. View for the day is Sell on the rise, Sell and Buy strategy would be rewarding. The financial index would witness a big inflow of funds, banks, and NBFC’s could attract higher investment from the deep-pocket investors. Watch Banks even for the smart intraday recovery and bullish positions can be carried forward.

Do cover extremely oversold or bought counters, as BTST can be contrarian ideas, or mean reversion systems.

SELL- ICICIPRU, PI IND, Deepak Nitrate,  BAJAJ AUTO, and AB CAP.

BUY- Cummins, MANAPPRUM, BASF, KOTAK Bk, SBI, and BOB.

 

July 15, 2021: Thursday: S.5-7.09/S.6: Uttara: Bad Day

The influence of the Tithi 6 is likely to felt. Tithi 6 gives short-term reversal and oversold or bought indicators give good results. Nakshatra is slightly bullish. Stocks that have fallen in the last 4 to 7 days are best to trade with contrarian bias, and we suggest investing in them. Preference should be given to the sell trades, many companies would come out with surprising negative results, and also would give a negative outlook.

Time to figure out how do you wish to take the position. BTST recommended.

 

July 16, 2021: Friday: S.7: Hasta: Bullish Auspicious Day

Tithi gives nice movement in the market, volatility is slightly high. Sentiment would be optimistic, participants would be active, ready to take positions. The best response that can be given to the nakshatra is patience, especially Investor, traders keep the trade ready, more often by the end of the day, the markets have shown a bit bearish movement in the last hour. Slow and steady decline or rise – movement is steady and directional that make the day easy for the traders to make money. Best day of the week for the traders to earn trading profits.

Buy – BIOCON, TATA MOT, JSW STEEL, HUL, and MARUTI

Sell – SUN pharma, APL, Bhel, Infosys, Hcl Tech, and BPCL.

 

 

Equity Futurologist

Mahesh Gowande

 

The historical data for Mars 0 Venus has delivered by results indicates there would be negative movement in the markets.  

Wave Counts, logic and cosmic influence that drives the human action.

 Elliott Wave count is the easiest way to make money in the stock market. One should know how to identify a confirmed Top and Confirmed Bottom, then simply follow. Typically Dow's method, the Pattern recognition study was slightly difficult and more difficult was to remember - what was seen earlier on the charts, so Mr.Elliott simply marked them with the numbers, using only 5 numbers was as simple - since we have 5 fingers, on the palm you can notice each finger has 3 subsections. 

Thumb - will power - marked the 1 

Vally between Thumb & Index Finger is as per Palmistry - Mars - Mental strength or EQ management was given number 2

From 2 to Index fingertip the steepest & longest length was Marked 3, it is the finger of Jupiter and numerologically 3 number is given to Jupiter.  

Vally between the Index finger(jupiter- momentum) and the Middle finger (Saturn- Wisdom & balance) is marked 4. 

The Middle Finger TIP is your wave 5th -  Saturn Matured people hold or exit. 

#Wave 

   

 

The nifty index gave a negative weekly closing. VIX has hit a new recent low and this is not a good sign, big correction cannot be ruled out. The markets are strong and it would take some effort or series of bad news to push the markets in the downtrend on weekly charts, reason is given below.

Daily CB is at 15450, Nifty trading below CB will signal to reduce long exposure. The undercurrent is strong, do not worry, as perfect sell on daily chart 261% is at 14760 and 322 level is 14510, which is still above the level of Weekly CB that is at 14100.

Sunday to Wednesday, Series of planetary aspects showing a high probability of wealth destruction natural as well as due to human error. We recommend to remain very careful and avoid getting carried away. We would suggest avoiding fresh investment for the next 10 days. On the upside 16138 seems extremely tough to get crossed.

 

July 05, 2021: Monday: K.11: Bharni-12.12/Krutikka: Volatile Mixed trend.

Ideally, we should get a higher opening on indices, and then followed a quick rise due to short covering. Market sentiment would be positive, but post-lunch we are expecting a big fall in the markets. Tithi 11, is bearish and Nakshatra Kruttika gives directional moves in the markets, which can trigger a sudden drop in the market sentiment.

We would recommend reducing long exposure and avoid new investments in the current week. Sell and buy strategy would be rewarding.

Buy – Axis Bank, Havells, Manapprum, RBL Bank, and ITC.

Sell- Petronet, Tata steel, Lic hous fin. Tata Chem, and Cummins.

 

July 06, 2021: Tuesday: K.12: Kruttika- 15.20: Good after 15.30.

A lower opening cannot be ruled out. Tithi 12 – proactive action gets rewarded, another important point, the specific task was driven action get initiated and more often the operator is successful. New issue listing or stocks, mergers also turn out good. As mentioned the best thing one can do today is start a specific task.

Mercury 90 Neptune, aspect is misguiding and more often a person holding a senior position generally take some wrong decisions, which can hit the company or some stocks or a sector. Chances of negative remarks from a very senior minister or country head of a Central bank will trigger a panic in the markets.

Breakout & momentum indicators give the best results, participate aggressively in 1 or 2 counters and hold the profitable positions, till the end of the day.

Buy – SUN tv, MARICO, MOTHERSON, BHARAT FORGE, CADILLA, and APL

Sell- PVR, GODREJIND, BPCL, TISCO, and TATA MOT

 

July 07, 2021: Wednesday: K.13: Rohini: High Friction day

Market sentiment would be positive, traders would be willing to participate and volumes would be significantly higher due to enthusiastic retail participation.

Nakshatra is comparatively weak but good for real estate and communication-related hardware manufacturers. Textile is another sector that attracts positive vibes under the influence of Rohini. Tithi has a high negative influence on oil and related sector stocks, including oil marketing companies. Reliance gives the best trading opportunity and should be watched by some clear technical signals.

Buy – CADILLA, SRF, EICHER MOT, SBI, BOB, GODREJCP, and HAVELLS.

Sell – Dr.Reddy, VEDL, BHARTI, MARUTI, ZEETV, BASF, and BPCL.

 

July 08, 2021: Thursday: K.14: Mrugga: Bad Day

Avoid new initiatives. Nakshatra and Tithi both are good for focused swift action. The matured and strong hands are very active but specific today, overall activity in the market would be high. Mrugga is one of the very violent nakshatras. We have noticed that under the influence of Mrugga- EGO hits high, and most participants are more into revenge trades. one of the rare days, when aggression pays well, try to act fast, do not wait – ride momentum stocks, as we always say stocks moving in any direction if above 4% trade in the same direction, and one can make big money.

Venus 90 Uranus – is a wealth destructive aspect, index heavyweight stock would come under selling pressure and might fall more than 5% to 8%.

Buy – PIDILITE, LTI, SBI, HDFC, COAL, BHEL and HINDALCO

Sell – ICICIPRU, TISCO, MNM, WHIRLPOOL, and Exide.

 

July 09, 2021: Friday: Amavasya: Ardra: Bad Day

In the south Amavasya is considered positive, and in the north, it is considered negative. The fact is under the Amavasya influence the human mind is more stable or slightly low on energy, a stock market is a place where – being stable & consistent is more important, Amavasya is good for the markets. Take a decision based on logic and proper fundamentals and only then one can earn big money. Trend following signals would give huge profits, overall our view for the week is bad, and do not see any reason to be optimistic on the markets. once again Sell and Buy would give better profits.

Sell – CIPLA, TATA MOTOR, GODREJ ID, HCLTECH, and MUTOOT fin.

BUY – SUN pharma, Infosys, Whirlpool, and PI IND.

Thank You

Mahesh Gowande