Weekly TimeMap March 21 to 25th

 StockZodiac              

Reservoir of Wisdom

 The January 2022 forecast of technical correction 15900 to 15300 was achieved, and the 3^rd 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 21^st 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 23^rd 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 17^th 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