Weekly Nov 29 to December 3, TimeMap

 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 26^th 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 3^rd – 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.