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.
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 1st,
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 2nd,
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 3rd,
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 4th, 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 5th,
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
No comments:
Post a Comment