Sunday, December 26, 2021

Weekly December 27th to 31st December .

 

StockZodiac              

Reservoir of Wisdom

 

 

We had expected positive weekly close, after big gap down opening and a fall of 500 Nifty points on Monday December 20th, Markets recovered full and gave 2 positive close above previous Friday close. We had been advocating that #TimeMapping tool can be huge advantage to the option traders, and it has been proved time and again.

Technical charts are still showing higher negative influence which would take another 45 to 60 Days, bouts of positive and negative weeks will push most trend following systems in a much higher DD than assumed and anticipated.

Selling pressure would keep rising as the Nifty moves above 17000, and highest pressure would be felt around 17200 levels.  Selling on rise is highly recommended and sell more below 16850 n 16700 levels.

 

In the coming week that is from December 27th to 31st, opening levels of Monday to Friday close showing higher probability of a positive close, and IT stocks would take the dominant position. Market breadth would be positive, but once again Monday & Tuesday, seems slight negative, and in fact Monday once again big negative cannot be ruled out, and Tuesday gap down. As per the Planet aspects or inter-relation of the planets 27th and 28th Seems to have negative impact, rest of the week turning positive.

 

Day 1, December 27th – Auspicious Day

Lower opening would be positive sign, and in case markets open in the positive, we would see selling pressure in Index heavy stocks, looking at the market sentiment towards the private banks, it is obvious – quite a few would attract selling from the big funds. Moon Nakshatra is Hasta, and it means simply wait don’t be aggressive, delayed participation would reward more. STBT is highly recommended.

 

Day 2, December 28th – Good Short Day

Tithi is best for the sell and buy strategy especially intraday and max 48 hour trades. In case markets open in the positive and also show rising tendency in the first session, surely 2nd half would give best short sell trades. Finest day to book profits or reduce exposure in trapped long positions. BIG money can be made, 2 or 3 but big ticket trades highly recommended.

 

Day 3, December 29th – Auspicious day

Contrarian trading strategy would give the best results. Buy and Sell strategy would give better results, from the position trading perspective, Natural resource Metals, and engineering companies expected to give best opportunity with trade life of max 72 hours, and from the 13 days strategy Automobile and Cement can be best bets.

STBT is highly recommended, in Real estate and FMCG stocks.

 

Day 4, December 30th – Bad Day

Watch Metal sector for trading, best would be divergence indicators signals could give big profits. Pattern failure or breakout failure are the best stocks for short sell trades and continue the trades till tomorrow. Banking and Blue chip retail stocks can give best results. Chemical sector or Pharma API business would see big selling across the board.

 

Day 5, December 31st – Low volumes good buying day.

Look for investment opportunity in the PSU banks and PSU companies. Another contrarian bet would be communication stocks, including the infra communication.

 

Weekly List -

Stocks coming positive – TCS, LT, BHARAT FORGE, ICICIGI, TATA CHEM and BAJAJ AUTO.

Stocks negative – RBL BK, BANDHAN, INDUS, MARICO, ADANI PORT, and DEEPAK NIT.

 

 

 

Thank You

Futurologist

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