Saturday, April 02, 2022

Weekly TimeMap April 4th to April 9th.

 StockZodiac              

Reservoir of Wisdom

 

 Wish you all a Very Happy New Year, and GUDI PADWA.

 From January 2022, these 3 months move was identified and presented in our weekly updates, the broad view played extremely well. Micro views had some minor shift of days or levels but a quarter or a Time cycle of Mercury 88 Days can be played well, mercury spins slow on its axis and takes 59 earth days. The current phase would end around April 6th, 2022, and a new phase would begin.

 Markets gave a classic opportunity to reduce the cost of holding in the past 6 to 8 months, we did in a few select cases, but an efficient execution platform would have made it much easier to execute in all the accounts.

Two different extensions using a simple & easy pattern method with confirmed bottom and tops gave a classic foresight for the 3 months, what was the trigger behind this, the January Solar date, so TimeMap with technical as a combination can easily add annualized 3 to 4% returns. The magic of compounding would play extremely well.

 

                                                                                               

 

 

 

As we enter the phase of a Cycle completion curiosity would be how to play the next 3 months' cycle. Technical Chart view is that steep rise could attract profit booking at the current levels, the current rise was surprisingly strong, already strength has been shown. Investors and trapped traders may initiate profit booking, and short-sellers might get tempted to get aggressive at the current levels, so emotionally very active zone, it is better to stay out hold the existing position by booking partial profits. The rise of another 200 Nifty points would confirm the 15700 as a CB, and a new wave will get triggered, and it will be difficult to trade as stops are far off, and risk-reward would be stretched. We would suggest using leverage cautiously and as far as possible spread the portfolio to 15 to 25 stocks.

 The Time Cycle view is that from the Monday close to Friday, markets should give a positive close, the IT is coming slightly negative, and more pressure is seen in Nifty Next 50. Volatility seems to remain or increase but the range could get compressed.

April 4th, 2022: Monday: Bullish till 14.10

A flat or a negative opening would confirm that markets would give a positive closing. Overall first half influence of Tithi and Nakshatra of the moon is very positive, especially for real estate and related companies. Cement is another interesting sector to watch. Buy and Sell recommended, STBT recommended.

 

April 5th, 2022: Tuesday: Bearish Day

Tithi 4th on Tuesday, has m0re often favored short sell traders, or we can say – making money by short trades is easier, rather a lot of money can be made in Sell trades. Mars 0 Saturn, indicates a big position would get forcibly get squared up, or news from the global front could trigger a panic sell-off.

April 6th, 2022: Wednesday: Very Good Day

The market would give an opening shock, thereafter expectation is no movement or extreme tight rangebound movement. The pharma sector can give a sweet surprise.

 April 7th, 2022: Thursday: Auspicious Day

Momentum Indicators would give the best results, the best day of the week to make intraday profits. High beta and metal stocks should be watched.

April 8, 2022: Friday: Auspicious Day

Investment is highly recommended. Delayed action would give better results, do not be in a hurry. Position buying recommended core holding portfolio and best day for the SIP investment.

 

Futurologist 

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