Weekly From January 24th to January 29.

 StockZodiac              

Reservoir of Wisdom

 

Honestly, we were expecting markets to move up a little more and then give steep decline, and our assumption of sideways distribution followed by selling, correction began fast. So, in short last week, we went wrong, especially technology correction was a massive surprise.

The best policy in such a situation is just surrender, reassess, and take a small break before initiating new activities.

Last week, we expected a minor upside, tight sideways distribution move and then big correction, but markets crashed by more than eight hundred points, as previously mentioned our medium-term opinion is that previous closing low of 17000 would get breached, and 16300 seems the best target. We have also mentioned that unless 17500 gets broken no need to panic sell out.  

We believe 17365-17250 is a strong zone, which would be defended by the bulls. Close below 17250 will confirm the 15900 before February 21. As mentioned, breaking of 17500 will also give a nice bounce, and that bounce should be aggressively used to reduce leveraged and investment positions. We observed frontline, midcap quality stocks, could see 10% correction across the board even 13 to 14% deep correction in the markets does not seem difficult.

 TimeMap of the coming week, Used Monday January 24^th Nakshatra Position of SUN & MOON following result generated. Data is God.

 

Nifty out of twelve times 83% time has given negative close, it is as simple as this reading.

Solar date of January 08 to January 13, has given excellent results, as we have mentioned earlier that this solar date gives the best monthly trade results, with lowest risk. Some more short-selling ideas are recommended. TimeMap is showing negativity towards SBI & Kotak Bank, JSPL, JSWSTEEL, TATA STEEL, MANAPPURAM, DLF, RELIANCE, TATA MOTOR, and FORTIS.

Positive – BASF, HCLTECH, ICICIBK, TCS, ULTRATECH, ABFRL and AB CAP.

 1^st Day, January 24, 2022 – Bearish Day

Negative opening would confirm that markets are in downturn and corrective momentum. While our view is recovery, short covering is recommended in the first half, and most probably rollover would be on the corrective rise, which would give nice positive rollover spread.

Negative – Kotak Bank, Fortis, PVR, SBI, TATA MOTORS and JSW STEEL.

 2^nd Day, January 25, 2022 – Bad Day

Avoid new investment ideas, stick to trading or jobbing transactions, using trend following momentum indicators would give better results. In case markets fall, do expect a strong recovery from the lows, and positive close cannot be ruled out. Jobbing BTST position recommended. Buy – M&M, FORTIS, ASIAN P, GODREJCP, PIDILITE, and ITC.

 3^rd Day, January 27, 2022 - Bullish Day

Flat to positive opening is expected. Ideally, strong hand buying should get triggered, many counters would rise, and the rising trend would continue for the day. Khabri calls would be best to trade. Positive – Apollo Hosp, ONGC, HDFC, Ultratech, and HDFC.

4^th Day, January 28, 2022: Difficult Day, Good for Shorts.

Difficult day does not mean bearish, it simply means strong hands, manipulators or operators are regularly active, their plans trap retail investors and traders on the wrong foot. Metal sector would be highly active, sector leaders are most active, large cap companies attract churning of portfolio.

 

Thank You

Futurologist 

Weekly 3rd Week from January 17 to January 22nd.

 

StockZodiac              

Reservoir of Wisdom

 

Makar Sankranti has various positive and negative sides, Sun enters sign Capricorn – Earth sign represents a seasoned realistic personality, can get ruthless to accomplish the goal or desired results. King of the planets in a different avatar that is ‘pride becomes ego’, emotionally strong becomes cold, selfish ruthlessness comes in, brings out family disputes, separations, corporate wars, that is hostile takeovers, get planned during this period.

On the other hand, the positive expression comes out as revolutionaries, rebellion movements against lawlessness, dictatorships. In the corporate world action against monopolistic malpractices gets triggered.

Mother Nature provides resources, and the utilization of the resources lies in our hands. The study of astrology provides the data to understand the quality and the potency of the TIME or moment, where and how to make the best of the Moment of Truth or Wish – is the choice we make. Some people are born nicely calibrated with potency clock fo the nature, and we call them LUCKY, study your best, 2^nd best, bad and worst events and you will get insight to your bio clock that can produce better results.

 

Moving forward to our usual technical first, as per expectation markets moved up further, and strength has been more than we assumed. Nifty futures closing above 18275 is a very strong sign of strong hand buying, and the rise is not on the back of just short covering or trader buying. According to our understanding, in the coming week, we would see a tight rangebound movement in the markets, bouts of buying and selling would keep the markets directionless and volatile. Looking at the structure, unless 17500 gets breached with higher volumes there is no need to panic sellout the investments or even the ETF and mutual funds. We are already witnessing the pre-budget rally, and are likely to hold this till the last week of January.

 

TimeMap is still slightly positive especially the Technology space is still looking very strong. On the other hand, many side counters could attract negativity and selling pressure. So, net off we would look at nominally positive close towards the end of the week. The mean reversion strategy or market neutral or pair trading would be a better way to trade. No major aspects apart from one heliocentric on 19^th makes it a comparatively volatile week.

 

Day 1, January 17, 2022: Profit booking Day

Being a full moon day, the sentiment in the market is optimistic, but the rewarding action is selling. We recommend looking forward to more of sell ideas, profits booking especially if the markets are trending upwards. Many PSU companies and laggards suddenly attract buying participation from weak hands.

 

Day 2, January 18, 2022: Good to Invest

Moon in Pushya, makes it simply good for long-term or quality investment. The top 10 or 15 stocks from Nifty next 50 are likely to attract selling pressure, during the week and especially today. Do look for Metal stocks as BTST, and selective high beta operator driven stocks. Investment day of the week. Do look for nice momentum breakout signals between 13.10 to 14.15. FMCG stocks can give a big surprise today.

 

Day 3^rd – January 19, 2022 Momentum breakout Day

Strong Helio Centric aspect of Mars 120 Venus around closing session can give to media and metal sector in a big way.   Moon in Ashlesha makes it the best day of the week for the momentum traders, select sector or specific 2 or 3 stocks would hog all the limelight of the day. Be extremely strict about the stop loss, and do not wait with hope, also any position in positive should be trailed till the end of the day. Best day of the week for the traders. BTST in Automobile and Cement stocks is highly recommended.

 

Day 4^th – January 20, 2022 – Index heavy real economy stocks.

A positive opening is expected, and won't be surprised to see Nifty at new levels. Do not panic sellout, as mentioned unless 17500 gets breached no need to worry, hold your positions. The buy and Sell strategy would give better results, volatility would be high, while it would be a tough day to make money. The best sector of the day is CEMENT and REAL estate, towards the end of the day, a positive spike cannot be ruled out.

 

Day 5^th – January 21, 2022 -  Volatile Negative day.

Extremely tough day of the week to make money, on the face of it it would seem an easy day, by the end of the day most will find, themselves surprised. Tithi is most deceptive of all the Tithi, operators are active, and most retail investors or especially the algos would find themselves taken for a ride by the strong hands. Gains of the week can get wiped out today. Pattern failure is the best pattern to act, delayed participation more often works better.

 

 

 

Thank You

Futurologist

Weekly TimeMap January 10 to Jan 14th.

 

StockZodiac              

Reservoir of Wisdom

 

Technically, the daily chart is turning positive. The first confirmation of the strength would get triggered, in case of nifty rises further to 18070 to 18150 zone. The pattern on the daily chart needs a little more consolidation at around 17700 to 17200 zone, so a healthy or a matured movement would be after the first confirmation, markets should give a deep correction, and no harm, even if a double bottom or slightly lower levels get achieved during the correction. On the weekly chart position is much better, and distribution on top is missing, which means after a time n price correction, equity markets will rise further.

the coming 6 to 8 months or even a year would be best for the traders.

 The coming week is the SOLAR date week – We based on TimeMap identified 3 of the best 30 trading Days from a traders perspective, so the coming 30 days from January 14 to February 14^th is the zone. A trader needs low risk and high reward more of directional movement. The best trading profits can be made in the next 40 days.

TimeMap is again positive for the coming week, but surely not as positive as last week. Volatility is expected to increase in the current week.

 

Day 1^st, January 10, 2022 – Auspicious day

The opening is not very important, any investment opportunity before 11.30 should be grabbed, especially oversold reversal indicator would give the best results. Many operator-driven strong hand counters would see aggressive rise and buying, Automobile, Cement and select brands likely to hog positive limelight. Post 2.30 Banking stocks are likely to attract selling and even selective index heavy tech stocks might come under selling pressure. A very volatile mixed session, Market neutral long-short basket is the best strategy with a 48-hour view.   

 

Day 2^nd, January 11, 2022 – Good Day

Traders would be able to make good profits. Momentum strategies will reward handsomely. Position of the Moon favors Sell trades. BTST is highly recommended, Branded textile, Real estate, and private banks.

 

Day 3^rd, January 12, 2022 – Bullish Day

While opening could be negative, and global cues could hurt the market sentiment in the first trading session, we believe buying correcting stocks nearby to stop would give a better chance of trading profits, we are expecting by the end of the day markets should recover very strongly.

FMCG and Pharma companies would attract big-ticket buying from the insurance and pension funds. Mar 90 Neptune, is a negative aspect that will give an impact on real estate and interest-rate-sensitive companies.

 

 Day 4^th, January 13, 2022

A day of the week. From a trend following perspective, Nakshatra Kruttika is the number 1 enemy, it has the power of giving divergence, and separation. Tithi of the day is bearish by nature, and the moon nakshatra favors the fall, stocks that have been given sell on TUESDAY – January 11, will give the best results today. Best day of the week from a short seller perspective.

 

Day 5^th, January 14, 2022

Happy Makar Sankranti – Ideally market should open in the negative and recover to positive closing, TimeMap is slightly positive and should be able to give a better close than the previous weekly close. But, going forward we feel extreme caution is needed, as we might see big panic sell in the coming 30 days.

 

Thank You

Futurologist

Weekly From January 03 to January 07, also packaged with it our sector view.

StockZodiac              

Reservoir of Wisdom

 

1) The biggest goof up “Trend Followers” do & try is to be ahead of the trend or with the trend, while clearly, it is most advantageous to be 13 to 40 days behind the markets. Take it as @GuruMantra.

 

2) Entering a trade after the trigger of a technical signal is not trend following, period.

 

Sector view- 18 to 30 Months –

Position of Jupiter and Rahu, showing huge local inflows along with the global funds towards the Exchange-traded funds, & index funds. Currently, ETF and Index funds together hold 4.5 lac Cr of Assets, few AMC’s might show 100% growth in assets under management that is Index & ETF funds. This preference towards ETF & Index would automatically trigger buying in top twenty index heavy stocks, and it would be a substantial chunk of investment. By 2024 Government of India would offload a sizable holding in the PSU assets, raising a lot of money for the infrastructure developments.

 

From a long-term TimeMap perspective of 18 to 30 months, PSU banks and the companies would see a lot of value creation. Another specific for could be companies connected with 5G, or communication which also include more manufacturers. Lastly in the real technology AI and ML, companies would see wealth creation. Now, this view is on the back of major planets, which is Jupiter, Saturn, and Rahu.

Jupiter being the planet of Authority & Expansion has an extraordinarily strong gravitational pull, and it is used as a gravity assist to send spacecraft to Saturn, Pluto, and beyond, from a stock traders perspective, Jupiter gives momentum. The seventh aspect of the opposite house shows growth and expansion, and the house it occupies go through quality & administrative audit, or what we call governance clean-up.

In Hindu Mythology Rahu was used in Manthan to extract ‘Amrut’ from the bottom of the sea, which is like OIL Drills & exploration, Rahu is a tool that extracts the best quality, currently, it is in Taurus – PSU banks and assets, so best would come out. April 12, 2022, it would ingress sign Aries – which represents startups being the first sign of the zodiac, Rahu first will try to clean up the sector, which means there will be a closure wave first, many startups considered shown signs to survive would also abruptly go bankrupt. The most expensive public issues of the last 4 to 5 months, and the next 3 more months, would feel the heat once Rahu enters the sign, Aries.

 

 

Weekly View.

Technically – Nifty is attracting a strong hand buying around 17000 to 16800 zone, and the markets do allow exiting from the trapped positions, so a strong throwback or pullback action is in the process, currently 17475 to 17710 is the profit booking zone, overleveraged strong hands would reduce leveraged positions in this band. on the other hand, there would be another side, that feels an opportunity is available in the FMCG and TECHNOLOGY space, which would attract strong buying at every decline.

The previous five-week consolidation pattern is on the verge to trigger another cycle. As per that close above 17700 on the weekly close basis, then the markets would be attempting to pass the surprise 18300 target levels, and that attempt is currently in the process. Every reader would be keen to understand or know which cycle is likely to survive, our answer is currently both sides have 50:50 chances, and we believe another 2 weeks, and we would be able to give you the exact answer, on the direction of the markets. in the next 2 weeks, markets will only be volatile, triggering both sides.  

 

Lower opening on Monday confirmed that week would turn out to be positive if you read last week's TimeMap, first 2 days and then recovery, this is what an options trader needs as a ref or guideline indication & by taking the nominal directional risk can increase weekly option returns.

Volatility would continue for the next 4 months, Buy & Hold would underperform, Systematic ALgo traders (claim to be the Trend followers) would lose more, as volatility would continue to expand on the TimeMap. Making money using short indicators would be much easier than the long term, it is going to be a traders’ market for the 4 to 6 months. Ideally, mean reversion systems will make more money, or short-term trend following.

 

The coming week is showing positivity, and ideally, once again the lower opening of the Monday should be used for taking good ETF, and quality index stocks. Monday and Tuesday are neutral to slightly positive, and the positive is Wednesday, Slight negative is Thursday and prominently Friday is coming as negative. When we say positively it means to give more weight to buy signals, negative means more weight to sell signals.

Nifty Next 50, is coming specifically negative the whole of the week, obvious top twenty stocks should be watched for the sell signals.

Weekly positive stocks – Asian Paints, Hindalco, DLF, Lupin Labs, AB CAP, and TCS.

 

 Day 1, January 3, 2022: Good Day

Tithi will trigger only confident people to act or take positions in the markets. The position of the Moon indicates systematic trades will reward handsomely. Screen reading would become difficult, so predefined trades is the best option. We recommend buying and holding for 72 hours or simply 3 days.  Positive stocks INFY, BHEL, ITC, LUPIN, and PSU banks.

The helioCentric aspect of Venus 120 Jupiter, positive signals from 12.28 to 13.13, can be highly rewarding.

 

Day 2, January 04, 2022: Auspicious day

Ideally, stocks that have been given on Monday and today have been retraced or corrected after the signals are best for jobbing and trading signals. Volatility would be high, and the random nearby stops would get triggered, look for a proper trade and only then enter.

Position traders should try to take 13 to 40 days of leveraged positions – one of the finest days of the week and the month.

 

Day 3, January 05, 2022: Good day, Momentum Day.

Tithi gives the finest momentum. Ideally, Market neutral basket is the best strategy for the day, hourly momentum breakout signals should be aggressively traded. consolidation breakout or momentum breakout gives the best directional profits. Nifty is showing positive closing today.

A good day means day traders can make good profits today, be with the markets. ho

HelioCentric – Mercury 60 Saturn is slightly positive for the metals, time 13.22 to 14.18.

 

Day 4, January 06, 2022, Volatile day – high friction day.

It is an exceedingly difficult day to make money. High friction day, difficult to make decisions, and equally difficult to implement. Systematic algo’s would be able to make good money, especially mean reversion and contrarian indicators. Tithi 4^th – is the most deceptive and can trap even the best traders. Sell signals should be given priority status.

 

Day 5, January 07, 2022: Bad Day

Negative sentiment is expected in the markets. Banks showing big negativity – in case sell signal gets generated on 6^th Jan then participate aggressively today. Broadly, Nifty is also negative, but primarily big pressure is indicated

 

Thank You

Futurologist