August 2 to August 6th TimeMap .

 

 

In the last week as expected markets gave a nice decline, as the trend is up it also bounced from the lows, but on the daily chart there has been confirmation of a sell signal, and it is not to be ignored. reducing 15 to 25% speculative exposure is highly recommended.

Daily chart 15636.95 on 2^nd July, was breached on 9^th July and a new high on 15962.25 got marked on 16^th July, making 9^th July low as the strong-confirmed bottom.

Now, 16^th July close was Friday, the 19^th markets opening with gap down, failed to recover and on 20^th July in 2 trading sessions, the 9^th July was broken.

20^th close, a holiday of 21^st and with a strong bounce on 22^nd, 23 & 26^th July tried to fill the peak-out gap, which got failed and on 28^th new low of 15513 got formed but recovered quite nicely, and now it is time to think seriously trim speculative and leveraged positions from the markets.

July 16^th has become confirmed top now, as it has broken 2 previous lows on the 20^th, and 2^nd confirmation of strength was shown by breaking again to form a new spike low.

it also means below 15500, aggressive institutional selling will get triggered.

 

August 02, 2021: Monday: S.9-10.40/S.10: Kruttika: Bad Day – Positive close

The opening session would be under the influence of Tithi Navami, which has proven the best for the sell and buy strategy, especially since the second half of the Tithi has given a consistent big negative impact. Nakshatra Name – Kruttika means – whatever you do, do it consciously. After 10.40, Tithi 10 or Dashami influence begins, and it is positive. We expect that the markets will give a positive close. PSU banks are likely to hog the limelight, real estate stocks will also attract institutional buying. Restrict buy trades with the sector leaders, as while indices may be positive, there are bright chances that side markets will witness offloading. STBT is highly recommended.

Buy – WIPRO, SBIN, DR.REDDY, TATA COMM, and SUN TV.  

Sell – BEL, EXIDE, LTI, BSE, and TECH M.

 

August 03, 2021: Tuesday: S.10-13/S.11: Rohini: Bearish before 13

Tithi 10, has a positive influence, and mean reversion signals if traded well can give excellent profits. Tithi post linch turns bearish, and Moon nakshatra being soft, overall mentally most participants would be in the defensive mode. SUN in Ashlesha would make big difference, most overrated expensive stocks would come under selling and profit booking pressure. One of the good days to book profits.  

Mercury 90 Uranus, will hit the brand names, or companies that have big brand value. Metals and commodities would witness wide volatility. SELL and buy strategy would be rewarding. STBT is recommended.  Pharma and select private banks would be under pressure.  BUY- PIDILITE, NTPC, COAL INDIA, BOB, DEEPAK NITRATE, and ZEEL.

SELL- RELIANCE, KOTAKBK, BANDHAN, BIOCON, ADANI PORT, RAMCO cem, and ICICIPRU.

August 04, 2021: Wednesday: S.11: Mrugga: Auspicious Day –

Tithi is bearish and Moon Nakshatra is violent and can give directional moves. it is obvious sell signals should be aggressively traded, and whenever the sell signal is confirmed then the quantity can be doubled. high beta counters can give the best trading opportunity, and big money can be made today. For traders who have a positive influence on the sign GEMINI in their horoscope, it is a golden day to make money.

It is going to be a very stock-specific day, and the best strategy is market-neutral long/short basket trades. Bias should be bearish. BTST is highly recommended.

SELL – APOLLO HOSP, DR.REDDY, AXIS BANK, TCS, AMAR RAJA, and TVS Motor.  

BUY – SRF, CIPLA, ASIAN PAINT, OIL INDIA, HCLTECH, and GLENMARK pharma.

 

August 05, 2021: Thursday: S.12: Ardra: Positive Day

Tithi is positive, and proactive action can give big results. Nakshatra is Ardra, and it indicates in the name, big movement is a great possibility. on such day best strategy is to trade momentum breakout indicators. Ashlesha Sun and Ardra Moon, big names and deep pocket operators would be highly active in the markets. watch out for the stake buying flows, or bulk deals, it is a very strong day to take big actions. The chemical sector would be the best among all the sectors as a long-term investment. STBT.

Buy – Tata Motor, Wipro, BASF, United phos, Pi Ind, and BHEL.

Sell – Indus Bank, Bharti, Hero, Amar Raja, and HDFCBank.

 

August 06, 2021: Friday: S.13: Punervasu: Bad Day

Hiroshima Day, the first nuclear bomb was dropped on the City. Two-wheeler stocks would witness re-rating and interest by the big funds. Textile and Sugar stocks would witness re-rating and total turnaround, people will aggressively buy or invest in such stocks. SUN 90 URANUS, power sector globally the sector is in transformation stage, a piece of news could hit badly, also sector leaders in each category could come under heavy selling or profit booking. Again long-short basket trading is highly recommended.  

BUY- M&M, STATEBANK, Asian Paints, Bata, and BHARTI.   

SELL – HUL, INFY, Bharat Petro, Cipla, Federal bank, and HDFC.