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 3^rd 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 2^nd 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 2^nd 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