Saturday, January 15, 2022

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, 2nd 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 19th 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 3rd – 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 4th – 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 5th – 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

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