Simple Rule - Buy on Auspicious day to Invest and Sell on Auspicious Day to Book profits.
Last week our expectations did not happen, while we still hold the
bearish view, we were expecting a minor pullback in the prices, and trapped
traders would get the opportunity to exit on the rise, and also selective buy
trades would give nice trading fast money-making opportunity. The price bounce
was negligible or actually, it was not there. Markets tanked badly, and our
expectation of Nifty close on weekly basis above Monday open also went wrong.
While our specific Pharma Buy Call went well, particularly it was
mentioned on Wednesday. #TimeMap on daily and weekly works for the traders and
speculators, and when it comes to wealth management weekly and Monthly #TimeMapping
gives fabulous results.
Technically, the short-term swing target has been achieved, and as
it is observed 17100 to 16700 would be the zone, profit booking will emerge, funds
waiting to get deployed would flow in. As mentioned in the previous write-up at
17400, the weekly trend would turn in corrective mode, so the target of medium-term
position traders is to look for profit booking levels at around 16700, and the
main target is at 15650.
#TimeMap of the week, Bank Nifty is showing a slight negative
influence and CNX IT is showing very positive, nearly 75% or more probability is
from the Friday close of 26th nifty will give higher close on coming
Friday. The planet's aspects are very positive, and no major negative influence
is observed. The data indicates low downside risk and high upside probability,
so risk-reward favors Bullish trades in the coming week.
On December 1, IST 20.35 Heliocentric aspect of Saturn and Mercury
is showing positive influence which means, Communication and Technology related
stocks would attract a lot of buying from the strong hands.
December 3rd – IST 20.25 SUN 150 URANUS, is a big
negative, especially for the sector leaders and power sector companies. Probably
US markets would give another big negative.
BUY – WHIRLPOOL, HERO, HINDLEVER, LT, GODREJ CP, ICICBK, and
CUMMINS.
Cash – LATENT, IPCA LAB, MAZGAON DOCK, MARUTI.
Day 1, November 29, 2021 – More wait and watch, n
selective buy trades.
Going by the global data – A negative opening is expected. After opening
till 10.30 volatility would make it difficult for the traders to participate in
the markets, we suggest watching till 11.15 and then aggressively participating
in the markets, Buy and Sell would be a better strategy. The aspect of Mars 120
Neptune, after the market hours, would give a negative impact on the European and
US markets, which would give another lower opening on Tuesday. STBT is
recommended.
Day 2, November 30, 2021:
Tithi 11- is considered bearishly auspicious, Nakshatra Hasta –
patience pays, wait for the opportunity and then be aggressive. few selective
but big trades would be the key strategy of the day. Ideally, a re-test of bottoms and confirmation
signals get generated today, overall while intraday many stocks would decline
and then slowly start getting accumulated, and prices will start moving up.
Day 3, December 01, 2021:
On the auspicious day of the Month and week, There may not be a decline
in prices, but be aggressive in stocks that have given full correction on the
weekly charts, also have given reversal buy signals on the chart can be bought aggressively.
Investment in Healthcare, Financial ETF is highly recommended, we also are keen
to look at BSE 500 ETF, which can be used for the SIP as well. BTST with 72
hours trade life is recommended.
Day 4, December 02, 2021
One of the best Nakshatra Swati – Moon positions are considered as
the best to make business decisions. Market breadth would be positive and
bullish price movement in most of the stocks cannot be ruled out. Volatility
would be high, stick to your ideas and be specific about the investment.
Day 5, December 03, 2021
A bad investment day of the week, intraday trading would give the best
results, especially on the Sell signals. Avoid new investment or position
trades, just add to existing quality and profiting positions. The best would be
to hunt pattern failure.
STBT is highly recommended.