August 16, 2021: Monday: S.8-7.46/S.9: Anuradha: Volatile Day
Indices most likely to open flat to nominal higher opening from
the Friday close. The influence of the Tithi 9- or Navami in the first part has
been positive and bullish sentiment has been observed. Especially select index
heavy stocks would lift the sentiment, but many counters would also witness
significantly higher amount of profit taking by the wise and smart investors. We
have observed day trading by SELL n BUY strategy gives a better result, under
the influence of Tithi 9. Moon Nakshatra in Anuradha & Sun in Ashlesha,
indicates positive for Natural resource sector, OIL, Minerals and critically important
PSU corporations and banks. BTST recommended.
August 17, 2021: Tuesday:
S.10: Jyestha: Bad Day
SUN will ingress Nakshatra Magha- which indicates stock market
indices or sentiment, SUN in own house brings stability and rationality. Moon
in Jyestha is good for selling and profit booking – it means intraday rising
price movement is expected. Broadly speaking backtested data is very positive,
which means indices should give big movement today.
Automobile & FMCG can throw some surprise and may catch many on
wrong foot.
Our view is giving more weight to Buy trades or signals. Turnaround
stories not financially, but more especially from management perspective.
BUY- GLENMARK, HINDALCO, JSPL, GMR INFRA, and BAJAJ AUTO.
August 18, 2021: Wednesday: S.11: Moola: Auspicious day
High volatility, Tithi is auspicious and slight bearish and
Nakshatra is most bullish, conflicting influence would increase volatility and indecisiveness
in the trading would hurt more. We would suggest buy only stocks trading in
negative but near strong accumulation zones, nicely corrected price. Contrarian
sell ideas can be executed using trend reversal indicators. but primarily we
would prefer more buy side trades today than the sell. Data says, CEMENT and
ENGINEERING companies as best sector to invest or create trading positions.
August 20, 2021: Friday: S.13: U. Shadha: Short Sell Day.
Gap down opening is a huge probability, and that would be a nice
opportunity buy. Volatile movement is key, so mean reversion systems can give
excellent results today. Nakshatra U. Shadha influence is best to use the
divergence indicators, lot of money can be made by using contrarian strategies,
but not an easy to make money.
Real estate, Pharma and PSU banks look very attractive from Buy side
trade, Technology and API or specialty chemicals for the sell trades. METALS
looking best with 12 months view.
Equity Futurologist
Mahesh Gowande
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