TimeMap of Week ahead August 23 to August 28

 

Friday 13 was the most aggressive directional move seen on nifty in recent times. In the past week, 3days were volatile, and Friday was a gap down and selling was constant. Friday negative close is viewed as positive in an up-trending market, and higher opening would be a normal expectation, but zodiac position is supporting contrarian approach would be beneficial, the chart is suggesting weakness and further fall seems a certainty. Uptrend and momentum are gaining more strength.

The daily CB is at 15480, Weekly CB is at 14200, & the Monthly CB is at 13600.

 

Certainly, fresh buying needs extreme high conviction and sufficient buffer, and the most important is the holding period, which should be not less than 20 months.

August 23, 2021: Monday: K.1: Shatataraka: Auspicious Day

We had expected gap down opening on indices, but looking at the global sentiment, it looks like the opening would be in the positive territory. As per ‘Dow’ an up-trending negative close on Friday is a sign of strength, and the probability of a positive opening on Monday is very high. The aspect mentioned below would bring selling pressure at the higher levels, and the impact would be felt tomorrow. Leveraged speculative positions of long or short can be created, speculative means well planned.

Venus 120 Saturn – 72% negative – importance 66% and the efficiency is 49% will be a strong aspect, and the impact would be high.

Buy – Hindalco, Coal India, State Bank, Whirlpool, Tata steel, Voltas, and Lupin.

Sell – Apollo Hosp, Federal Bank, Amar Raja Bank, TechM,  Eicher Mot, and TechM.

August 24, 2021: Tuesday: K.2: P. Bhadrapada: Good to Sell

Market sentiment would be optimistic, a higher opening cannot be ruled out. The zodiac position if the day is favoring selling strategies more than normal buy and hold strategies. We recommend booking partial profit booking in equity to move money to Cash assets. No major aspects between the planets make it a neutral day, best for the traders and jobbers, Time of 9.45 is crucial, from the opening to 9.45 as per the price move in the stock, if the stock is in positive buy trade will reward, vice versa negative stocks to be sold. Banking stocks might get hammered today.

Buy- Coal India, Page Ind, Pidilite, IciciPru, and HclTech.   

Sell- Reliance, AxisBank, Adani Port, Apollo Hosp, and Maruti.

 

August 25, 2021: Wednesday: K.3: U. Bhadrapada: Wide trended move - Positive

Flat to nominal negative opening cannot be ruled out, corrected stocks available around matured accumulation. Tithi gives big movements, historical data favors bullish trades.

Nakshatra U. Bhadrapada split half, 1st part is positive, and the 2^nd part gives surprise big negative movement, the speed at which the selling gets triggers generally very few can escape, or exit. Nakshatra adds vigor to the momentum. Momentum breakout indicators can give classic results. Simple strategy stocks showing negative influence would fall fast, so do punch stops in the systems.

Neptune 180 Mercury – 54% positive Importance is 41% and the efficiency is 46%, some announcement from communication or mobile companies.

Buy – United Spirit, GodrejCP, Tata Communication, Tata Steel, JSPL, and D Nitrate

Sell – TVS Motor, Bajaj Auto, Srf, Godrej Ind, Titan, Ultratech, and Jsw Steel.

 

August 26, 2021: Thursday: K.4: Revati: Bearish Day – Negative close.

INFRA Index would be in the limelight. Electrical Industry related companies would hog the limelight, big price movement in CEMENT and METALS cannot be ruled out.

Deceptive Tithi, will give false signals and trap day traders on the wrong foot, usually, losses are much more on such a day. Nakshatra Revati – Watery sign – Lord of communication in water, means weak stocks would get hammered.

Since Tithi triggers deceptive signals, look out for 2^nd confirmations, plus additional signals, delayed participation is the best solution. BTST is recommended in Automobile, cement, and real estate stocks, and Tech & Branded stocks STBT.

Mercury 120 Pluto – 65% positive, 45% importance and the efficiency is 52%, which is strong.  

Sell – Bandhan Bk, Itc, Bharti Airtel, Century textile, Cummins, Dlf, and LalPath

Buy – Deepak Nit, Glenmark, GodrejCp, HUL, Kotak Bank, HDFC, and Asian Paints.

 

August 27, 2021: Friday: K.5: Ashwini: Bullish, Auspicious day

The opening becomes extremely crucial, ideally, gap down and then recovery is the anticipated movement. The technology sector attracts selling from the strong hands and institutions as well. Tithi extends the momentum triggered by previous Tithi, and Nakshatra Ashwini is considered best to take bullish long speculative positions.

Sun in Magha is good for the infrastructure sector, real estate sector, and finally textile.

Sell – Voltas, LT, Manappuram, Bharat forge, ICICI, Hdfc, and APL.

Buy – Maruti, GodrejCP, United Spirit, Indian Oil, Torrent Pharma, and Infy.