Weekly TimeMap February 28th to March 5th.

 StockZodiac              

Reservoir of Wisdom

 

From January 3rd onwards, we were bearish on the markets, and we still are bearish on the markets. Our previously mentioned confirmed targets have been achieved. The momentum falls and rise indicates that volatility will continue, the daily candles are big on the charts, indicating wide intraday movement, the market sentiment is not conducive for a trend or directional movement. The previous week’s movement of 1148 points has shaken even the seasoned players and stopped out the best of the system traders. Weekly prediction on a closing basis went wrong but from the perspective of direction of action was much better.

The signals noted on 24^th which recorded a big fall, sub 16500 levels ETF investors were extremely aggressive, and that is very comforting for any bullish traders, it means below 16000 markets will attract aggressive investments.

Technically speaking we are in the medium-term corrective downtrend.  Sell off was triggered not solely because of the Ukrain issue, but it was on account of the regulation of 50% cash margin to be provided by the C2C. Markets have bounced big from the low levels of 16200 and looks like Monday another big gap would retest 17000 levels, it would be a wonderful opportunity to reduce longs around 17000 to 17350 zone, we believe 16200 could get breached again and 15900 to 15700 could be the best zone of accumulation.

 

TimeMap – is especially March 1 to March 6th there are multiple aspects, and it is difficult to predict or even understand what would happen, Mars, Pluto & Venus, and Mid-Point from Rahu, will cause a significant wealth and livestock destruction, and another big aspect of Jupiter and Sun conjunction on March 5^th. Volatility would be extremely high, and it is going to be an emotionally charged trading week ahead. Fear and Anxiety would put most traders in big losses, it is better to avoid trading in the coming week, and all markets to come back to normal volatility.

 

Stocks to be traded in the baskets – positive SBI, TATA STEEL, CIPLA, ITC, LT, SUN PHARMA, CUMMINS, TVS MOT, SUNDARAM FINANCE, and HINDALCO.

Negative – RELIANCE, ASIAN PAINTS, HDFCBANK, HAVELLS, BHARTI, LTI, BANDHAN, and BRITANIA,

 

February 28, 2022: High Friction day

As mentioned above, tough day to make decisions, and executing would be even tougher, the miscommunication would add more stress, as mentioned avoid participation unless it is a position trade. Spikes would trigger punched orders, putting many system traders in a fix.

 March 2, 2022: Very Bad Day

conjunction aspects are most difficult to predict, ideally, markets should give choppy movement, low on volumes, but very stable. Market sentiment would be extremely careful, and that would show up in the small candle. Mercury 0 Saturn, Technology and Metals looking best as a buy trade. NBFC and Insurance are likely to witness negative movements.

 March 3, 2022: Good Day -

Mars, Venus 0 Pluto are not good aspects. Pluto indicates destruction, Mars aggression & energy, and Venus indicates relationship and wealth. Signals on the charts would give rewarding trades, Media, technology, and Metals would majorly hog the limelight.

 March 4, 2022: Auspicious Day

The lower opening hours would be good for the markets. We are expecting a negative opening, and a panic sell-off cannot be ruled out. On a Serious note, global unrest and change of equations would trigger a spike in prices of OIL, METALS, and Currency markets would witness killing movements, wiping out many corporates, and fortunes of families.

 A strategy is that we might get an opportunity below 15900 before June 10^th, 2022, which can be the best opportunity to invest with a 5 to 7 years perspective. We have been recommending ETF Investment for the past 2 years, we believe from July 21^st onwards we would see markets might see a lot of positive movement, long-term investors can expect 13 to 14%.

 Futurologist