Saturday, March 26, 2022

March 28th to March 31, 2022. TimeMap

 StockZodiac              

Reservoir of Wisdom

 As Expected after a strong bounce back, the current week was expected to be volatile but choppy, from Wednesday onwards negativity was more and weekly close went in the negative, so from Wednesday we had expected negativity, but it turned out to be stronger than the Tuesday recovery, and even Wednesday higher opening was perfect.

Technically, markets are getting consolidated, and the factoring of the fundamentals is in the process. We won’t be surprised to see rangebound volatility, and a breakout. Most trapped over-leveraged positions would be trimmed, or reduced at around 17100 to 17500 zone, as mentioned last week as well, above 17650 markets will confirm 19k+ movement, and it would be difficult to cross 17650 before April 10th. The best would be Nifty retracing back to 16300, but slowly and gradually, which is expected in the coming few days.

On the upside 17300 to 17800, enough trapped positions are waiting for an exit. Broadly technically markets need more consolidation and the lower levels, either time or price will have to do that, so time would be painful 15 months, and price 15700 would be in 3 months, even 16300 and being there for 2 weeks would be good enough.

TimeMap of the week is much positive, and showing signs of consolidation.

Positive stocks – Bharti, ITC, PI IND, ABFRL, NHPC, HDFC, and RELIANCE

Negative – MGL, TVS MOT, HDFCBK, GODREJ CP, HCLTECH, LALPATH, and SUN TV.

 

March 28, 2022- Positive Auspicious Day,

higher opening would attract selling pressure, so ideally investing before lunchtime is highly recommended. Investment is highly recommended, expect a bullish move in the post-lunch.

March 29, 2022: Wide movement would be seen.

Technology and communication sector-related stocks would do extremely well.  Movement is expected to be highly directional, and trend following on the hourly chart is strongly recommended. A big inflow of sticky money is expected, and it would change sentiment in the markets. STBT for the next 13 days is highly recommended.

March 30, 2022: Bad Day

Look for Sell signals, very difficult day to make money. the view is negative for the day. Broad markets will witness selling, and IT stocks will see strong inflows. SELL and BUY recommended.

Moon in Multiple aspects would confuse traders, so the best is to reduce trading. STBT Technology.

March 31, 2022: Bad Day

an external event could send a panic sell-off in the markets. We are slightly bearish today, and the chances of a big intraday fall cannot be ruled out. Media Industry, Travel, and stocks like PayTm, Zomato, and Nyka would be in the limelight.

April 1, 2022: Bad Day

Gap down and panic selling will trap bulls on the wrong foot, we recommend contra strategy, hunt for bottom fishing buy trades & avoid fresh selling.

 Futurologist 

Saturday, March 19, 2022

Weekly TimeMap March 21 to 25th

 StockZodiac              

Reservoir of Wisdom

 The January 2022 forecast of technical correction 15900 to 15300 was achieved, and the 3rd Week strong bounce also came perfect as per the TimeMap. The rise from the lows was strong and confident. A buying aggression is noticed in the banks and technology stocks.

Nifty closed above 17200, Against the fall nifty, has recovered more than 50% of the fall, which indicates particularly good confidence of the investors. Sentiment in the market is positive, and there was not much of panic sell-off witnessed below 16100, making it clear that at the lower levels there are enough buyers, and a lot of money is ideal that is willing to get invested.

Cross above 17600 before April 21st would confirm the upside target of the Nifty 19790 by February 2023.

TimeMap of the coming week is positive, Banks and Technology are both positive, but Banks would be smoother and easier to trade. More volatility is expected. Post 23rd That is Wednesday, Saturn 0 Neptune is likely to bring negativity in the markets. Broadly the first 3 days will be volatile and positive, and post-Wednesday there could be some amount of negativity, still, weekly positive close cannot be ruled out.

 Positive – CNXIT, Whirlpool, ABFRL, BPCL, ASIAN P, SUPREME IND, LTI, LTTS, and ICICIGI

Negative – TATA MOTOR, COLGATE, MARUTI, JSW STEEL, Dabur, and LT

 Weekly Map,

March 21, 2022 – Bad Day – Tithi Chaturthi.

GANN date, obviously the closing price of 17th March becomes a critical point of action. From the Zodiac perspective sentiment in the markets would be optimistic, but we suggest looking for the sell trades and reducing leveraged exposure in the markets. STBT is recommended.

March 22, 2022: Bad Day

Tithi will give momentum trade. Contrarian style would reward big, gap down would be an opportunity, look for aggressive buy trades. Market breadth would be an incredibly good indicator.

March 23, 2022: Positive Day, Day traders will mint money today. STBT

Mean reversion would be the best indicator. Volumes could drop, the external flow of news or something related to terrorist activity or assassination of famous personality can trigger panic.

March 24, 2022: Bad Day

A flat to negative opening is expected. Consolidation breakout would be the best indicator, nakshatra is best for the short sell trades, and overall market breadth is expected to be negative.

Few large-cap Index heavy stocks would keep the indices positive. BTST in Cement and Banks.

March 25, 2022: Bullish Day

Positive opening and strong rise cannot be ruled out. Our view is cement and construction companies would see a big inflow, and as mentioned Technology and Banks would attract big funds. a strong positive close to cover 3 previous days can be expected.

  

Futurologist 

Saturday, March 12, 2022

TimeMap March 14 to 17, short week.

 StockZodiac              

Reservoir of Wisdom

We were expecting 15900 to 15700, next 15300, and the worst panic spike at 14700. Technical analysis is a remarkably simple and easy method provided the reader could look at the charts with neutrality. The basics of technical analysis are simple and extremely easy, and it does not take more than 10 minutes to read a chart. We had mentioned these levels somewhere in the first week of January using simple Chart tops and bottom, connected by a line.

After knowing the markets, more important is how do we sail through good and tough times in the markets. Then comes application or implementation – which triggers the 2nd stage analysis, risk and money management and there we would find thousands of permutations and combinations, we call it, Fibonacci, wave, cycle, pattern, harmonics, trend and whatnot, investor or trader has to choose the one that suits him/her the best.

Technically, last week's rush or the bounce was faster than expected, we were expecting it to happen in the current week. Markets keep giving by re-testing previous lows and happens 2nd or even 3rd time, we call it double bottom or consolidation.

As per the time cycle, we are expecting in the coming week and sign of strong recovery signals to start reflecting on the screen or oscillators, we believe till June 21, we would remain in the consolidation zone, with high volatility, and post-June 21st we would see trending rally to cross previous high of Nifty, by March 2023, we should be above the previous high.

Positive Stocks – ITC, ASTRAL OLY, FORTIS, DEEPAK NITRATE, ONGC, and LT.

Negative DABUR, CIPLA, VOLTAS, PayTM, JSW STEEL, and MANAPURAM.

March 14, 2022: Auspicious Day, 72 hours Bullish,  specific IT index.

Investment after 9.55 is recommended. Gap down or negative opening is an opportunity, be specific and restrict action to tracked trades. Positive close from the opening levels expected.

March 15, 2022: Bullish Day, Best would be Momentum Breakout.

Metals would be in limelight, followed by high beta counters, trade-in favor should be trailed, stock trading 4% or more should be traded in the same direction. Use momentum Indicator.

March 16, 2022: Bullish Infra and Automobile

Suddenly some positive news flow from Europe would bring positive vibes to the markets. Real estate, Media, and infra select stocks would be positive.

March 17, 2022: Bullish Day, Good to Book profits, or Selling Day

Selling when the sentiment is bullish needs a seasoned mind. OIL refineries and PSU stocks coming out as  positive.  Profit booking is highly recommended.

 Monday is a difficult day, after positive opening selling pressure is expected

 

Futurologist

 

 

 

 

Sunday, March 06, 2022

Weekly TimeMap March 7 to 11

 StockZodiac              

Reservoir of Wisdom

 

The markets have been responding in line with the TimeMap, a minor deviation is observed, most of the movement and activity is in line. Our stance on the markets is very clear, ever since we have stuck to it, and further decline with volatility is indicated. Technically levels have been given time and again.

Weekly TimeMap is showing a bearish week ahead, interestingly the bearishness is above 80%, which means we are likely to see a strong pullback rally from the 3rd week of March till mid-April cannot be ruled out. There are a fairly good amount of investment ideas are available with low risk and high upside potency. We would surely put in the list a few names for SIP for about 6 to 8 months, and in case of price, dips add more quantity.  Venus 0 Mars aspect today, is giving a big negative impact on humans. Those discussing business and growth would talk about, patience giving valuable advice, and stability.

 

BUY – TECHM, BHARTI, ICICIBK, NTPC, POWERGRID, MARICO, PIDILITE, and TITAN.

SELL- TATA STEEL, DABUR, LT, HDFCBK, EICHER MOT, and AMBUJA cem.

 

March 7, 2022 – Monday – Good Day

Not any Auspicious day, but day traders can mint money today. Technical signals would be clear and easy to read, rangebound price movement would give a good opportunity to book profits, even trapped positions will give intraday exit opportunity. STBT is recommended.

March 8, 2022-Tuesday- Bad Day – Deceptive Signals.

On Monday in case of markets give a positive close, ideally, we should see a higher opening and then a negative close. Reading technical signals would be difficult, delay or after 2nd confirmation would be the best strategy for the day.

March 9, 2022- Wednesday- Bullish Day

best indicator would be #divergence indicator. Contrarian strategy could give the best results. extreme oversold and overbought can be used for the 2nd confirmation.

March 10, 2022-Thursday- a normal Day

Ideally, a higher opening and an extremely choppy trading session would be observed. Jobbers would mint money.

March 11, 2022- Friday – Bearish Trades recommended

Volatility and especially stocks price movement would be wide and swift. Sentiment in the markets would be positive in the first half and negative in the second half. Aggression is the key to winning, and holding winners and close losing positions.

 

Futurologist