Sunday, June 26, 2022

TimeMap June 27th to July 1, 2022

 StockZodiac              

Reservoir of Wisdom

 As expected, when everything is negative, markets tend to give a small bounce, and it happened last week. We believe minor consolidation and sideways volatile movement would continue for some more time, or even a few weeks. So as expected sentiment is at its lowest, Wave analysts are convinced and now showing confidence and the aggressive with their bearish views with targets, fundamentals are looking bad to some & some are positive, and economic numbers are putting stress on practically every country across the globe. What has remained constant is human behavior and the pattern of response.

 Technical – The weekly movement was extremely comforting and positive, it showed a lot of confidence, and the resources of the bulls. The candle of June 16th is almost covered, and it is above 61% of the candle. As per behavior analysis – panic & leveraged positions were getting squared at regular intervals. So, unlike the good old days, forced sell-off or liquidation by the brokers does not happen, but the large ETF funds do get aggressive while reducing exposure, which is very much normal. Currently, the upswing can easily extend to 16050 and 16185. The range of 16140 to 16290 would see fierce volumes and aggressive participation from both camps.

As an investor anything below 15700 is a bonus and one should keep adding more to existing investments. Traders can hold longs and look for Sell trades only above 16150.

While all the negativity is getting spread and accepted, silently markets have confirmed Nifty above 19300 ideally before January 10th, 2023, but say march 2023 to be a bit safe side.

 TimeMap- Broadly positive signal and positive close from the Monday opening levels are indicated for the week, the sector that looks likely to be under pressure is selective banks.

Jupiter 90 Sun – showing very positive for the Indices, which means there could be a positive big spike from 28th June to 30th June range. Mars 90 Pluto, indicates loss of resources due to calamity or some disaster, as per observation such events bring in initial panic and sell off’s, but eventually prove positive movement in the markets.

 Positive stocks of the week are ONGC, SUN PHARMA, WIPRO, MARICO, DR>REDDY, and COAL INDIA.

NEGATIVE stocks – BAJAJ FINSERVE, ICICI bank, BHARAT FORGE, PETRONET, APOLLO HOSP, BHARTI, JINDAL STEEL, PI IND & M&M.

 June 27, 2022: Monday: Bad Day

A higher opening is expected, but we believe that the Sell and Buy strategy would be good for the day, as after giving false buy signals most counters would break the nearby stops. Banks and Textile stocks should be sold, even select OMC would come under pressure.

 

June 28, 2022: Tuesday: Bad Day

Amavasya is deceptive most of the time, it is positive and bulls get trapped. High Beta momentum indicators would give the best results and ideally long and short baskets best for today.

 June 29, 20: Wednesday: Big movement

Tithi and Nakshatra will give trended directional movement unlike the previous 2 days, which could be difficult to trade and also make money. Today, comparatively slightly delayed participation can make a lot of difference and big money can be made in 1 or 2 trades.

 June 30, 2022: Thursday: Auspicious day

The best Investment day of the week, especially to average existing loss-making positions, and also add to earlier positions. Extremely oversold and with positive divergence such stocks should be aggressively bought with a short-term view. BTST is highly recommended. Metals to be watched.

 July 01, 2022: Friday: Auspicious Day

Higher opening and market sentiment would be optimistic. The momentum indicator gives the best results, volatile and mixed day, stock-specific big movements on both sides is expected. BTST is recommended.

 

Thank You

Futurologist  

Saturday, June 11, 2022

TImeMap weekly - June 13th to June 17th

 StockZodiac              

Reservoir of Wisdom

 

The negative weekly closing of Nifty was as expected. We were expecting nifty would hold the Monday levels and it did not, and the last two days of the week have hammered the confidence of the bulls. Investor sentiment got more butchered than the actual stock prices in last week's fall. A week back the question was when will nifty new high, and now the question is will the nifty cross 17000, and that says it all.

In behavior economics now everyone is getting ready for a big fall, including myself, regretting that I should have kept enough cash in the portfolios, and the same is the mindset of many. Coming out of such a phase brings out the quality and the efficiency of the investment models and exposes the skills of the fund manager. Big money is waiting to get invested below 15750, and the volume is big, the public fund flow towards the ETF space is going to make a stark difference.  Wealth Destruction is not indicated, and Venus is comparatively stable and strong.

 The technical chart of the nifty is in the downtrend on a weekly time cycle & positive on monthly, and this is for the medium to long-term investors from 18 months to 96 months.  

The daily Time cycle had given a strong move from 7th march to April 5th, which turned the downtrend to uptrend, after the move has given deep correction, which has started showing signs of further weakness, and the movement after May 11th onwards has added more pressure and the negativity. The 27th of May breakout crossed 161 levels and got arrested at 200%, which means bears have taken an aggressive stance and it is not wise to increase trading positions, and better to remain little observant than actual participation in the markets. When the reversal is from 200% levels the risk of breaking previously is remarkably high, and the follow-up selling intensifies – which can give a new low of 15610 and this can happen before June 21. The upside 16532 is at a decisive level and needs to be crossed before June 21st, which will give strong insight to the strength of the bull camp, to visualize further road map.

 TimeMap of the week. All the negativity has built up in the system, and investors and traders getting ready for a long bear phase. TimeMap using Zodiacanalyst is showing except for IT all the sectors would be under selling pressure, broadly looks like tough 10 days ahead, and we might hit a sentiment low in the coming week. Reversal would start showing up on the screens, divergence indicators will trigger initial confusion and spike the volatility. We are getting a negative close indication and be prepared for the big negative next 2 weeks.

In the upcoming week, the 16th is the big day for the markets from a Time cycle point of view.

Sun 120 Saturn, and Sun 90 Neptune, will be worth watching.

 Stocks coming incredibly positive on the TimeMap – ABFRL, Godrej CP, CIPLA, HDFCBANK, APOLLO HOSP, CUMMINS, L&T, M&M, and TVS MOTOR. SUN PHARMA, TCS, TECH M, and WIPRO.

 June 13, 2022: Monday: Auspicious day, rising accumulation indicated.

Gap down opening should not surprise as global markets are in the big negative, looking at the behavior looks like strong hands would be regularly active accumulating their counter, and even promotors would be looking forward to increasing stakes. New investment is highly recommended, and as mentioned last week, building buying position within 30 days is highly recommended. BTST recommended.

June 14, 2022: Tuesday: Normal day

Market sentiment would be overcautious and strong hands, big institutions would be continually active, the sector leaders would hog the limelight, and natural resource stocks would be in big demand. The best would be the metal sector, and a lot of money can be made by the day traders. BTST is highly recommended in the Cement sector.

 June 15, 2022: Wednesday: Bullish Day

Moon in Nakshatra Moola is one of the strongest positions, Cement and Automobile sector would be in complete limelight and the third sector would be private banks a big pullback cannot be ruled out. The buy and sell strategy is highly recommended.

 June 16, 2022: Thursday: Volatile Day

from a wave count or technical analysis point, this could be the most important day of the month. It would be a volatile day but expecting a rise and then a fall. Instead of trading in anticipation – use the divergence indicator on the hourly chart. Post lunch looks for Sell trades and STBT is highly recommended. Tithi 3 gives a directional move, and the move is above the normal range.  

 une 17, 2022: Friday: Deceptive Day

Tithi 4th or Chaturthi is the most deceptive and with complete dominance, it is going to be an interesting day. We have often found contrarian approach against the prevailing sentiment of the day has given far better results.

 

 Thank You

Futurologist  

Saturday, June 04, 2022

TimeMap Weekly June 6th to June 11.

  StockZodiac              

Reservoir of Wisdom

 In the previous week, except Monday, there was no significant movement in the markets, in tight range volumes also dropped, and volatility dropped. Friday's close was above the previous Friday's Close and even Monday's opening levels, making it a perfect week from the perspective of the Time Cycle.

 Interestingly on Auspicious day Reliance and Technology stocks performed extremely well, and it was a clear indication that quality and clear ideas would be rewarded big time.

 Technically, the bounce from the lows, and especially last week's 5 days movement suggests that strong hands are active and are confidently building positions. The change noticeable from the previous rallies or bounce is operators are not supporting or trying to hold the price. The nifty chart is getting better 16550 to 16750 has a strong supply, and it could be from various angles or reasons. Ideally, we would prefer a sideways slow decline in the coming week, and then with more consolidation 3rd attempt to close above 16750 would be best. Consolidation in Time and Price is especially important, the base must be compact and the balance on the charts needs to be maintained before new momentum picks up. The monthly charts are still strong and positive, weekly has shown signs of correction and for a new rally would need another 5 to 8 weeks of consolidation, while daily is comfortably in a positive zone.

 TimeMap of the coming week is positive, looks like strong hands would be actively participating, accumulating their selective stocks, many company promotors would use the current market sentiment to increase their holding in the company. On 10th June Mercury 120 Pluto, the aspect is incredibly positive for the Banks and Technology sector stocks, strong recovery in banks is indicated. The PSU sector overall would see long-term investments.

Market breadth would be exceptionally good in the current week, the nifty will not do much movement, looks like alternate bouts of buying and selling. Friday to Friday looks like a negative, but Monday opening to Friday close positive.

 Positive Stocks – Bank Nifty, BHEL, Indus Bank, HDFC Bank, BAJAJ Finserve, JSW Steel, Tata Steel, ICICI pru, Infosys, and DLF.

Negative stocks – Britania, Lupin, RBL bank, Voltas, Fortis,  and ZEE.

 June 6, 20222: Monday: Bullish Day

Due to Global market sentiment – the gap down cannot be ruled out, but lower levels would attract big-ticket fund buying, and SIP investments, we are expecting by the end of the day markets would give a positive close.

 June 07, 2022: Tuesday: Volatile day

Gap up opening should be cautiously traded, one of the difficult days to make money. STBT is highly recommended. We highly recommend looking for sell trades, and even aggressive selling positions can be created. The rising trend would trap many overnight traders, who would go with mostly long positions.

 June 08, 2022: Wednesday: Auspicious Day of the Week.

12.32 SUN will enter Nakshatra Mrugga – the most violent qualities are found, aggressive and blistering speed is the key to win, high-frequency traders and algos can mint money, due to jobbing spreads and sharp moves.  Rising prices would trap many many momentum traders.  

  June 09, 2022: Thursday: Bearish Day

The bad day of the week for the bullish traders and the investors, most important even if the markets fall, do not take fresh positions, just add to existing positions. Few stocks would get hammered; some eternal news would hit market sentiment very badly.

 June 10, 2022: Friday: Bearish Day

Negative stocks can be accumulated, Tithi and Nakshatra favor bullish positions but one has to wait for about 7 to 10 days.

 

 Thank You

Futurologist  

TimeMap Weekly June 6th to June 11th.

 StockZodiac              

Reservoir of Wisdom

 

In the previous week, except Monday, there was no significant movement in the markets, in tight range volumes also dropped, and volatility dropped. Friday's close was above the previous Friday's Close and even Monday's opening levels, making it a perfect week from the perspective of the Time Cycle.

 

Interestingly on Auspicious day Reliance and Technology stocks performed extremely well, and it was a clear indication that quality and clear ideas would be rewarded big time.

 

Technically, the bounce from the lows, and especially last week's 5 days movement suggests that strong hands are active and are confidently building positions. The change noticeable from the previous rallies or bounce is operators are not supporting or trying to hold the price. The nifty chart is getting better 16550 to 16750 has a strong supply, and it could be from various angles or reasons. Ideally, we would prefer a sideways slow decline in the coming week, and then with more consolidation 3rd attempt to close above 16750 would be best. Consolidation in Time and Price is especially important, the base must be compact and the balance on the charts needs to be maintained before new momentum picks up. The monthly charts are still strong and positive, weekly has shown signs of correction and for a new rally would need another 5 to 8 weeks of consolidation, while daily is comfortably in a positive zone.

 TimeMap of the coming week is positive, looks like strong hands would be actively participating, accumulating their selective stocks, many company promotors would use the current market sentiment to increase their holding in the company. On 10th June Mercury 120 Pluto, the aspect is incredibly positive for the Banks and Technology sector stocks, strong recovery in banks is indicated. The PSU sector overall would see long-term investments.

Market breadth would be exceptionally good in the current week, the nifty will not do much movement, looks like alternate bouts of buying and selling. Friday to Friday looks like a negative, but Monday opening to Friday close positive.

 Positive Stocks – Bank Nifty, BHEL, Indus Bank, HDFC Bank, BAJAJ Finserve, JSW Steel, Tata Steel, ICICI pru, Infosys, and DLF.

Negative stocks – Britania, Lupin, RBL bank, Voltas, Fortis,  and ZEE.

 June 6, 20222: Monday: Bullish Day

Due to Global market sentiment – the gap down cannot be ruled out, but lower levels would attract big-ticket fund buying, and SIP investments, we are expecting by the end of the day markets would give a positive close.

 June 07, 2022: Tuesday: Volatile day

Gap up opening should be cautiously traded, one of the difficult days to make money. STBT is highly recommended. We highly recommend looking for sell trades, and even aggressive selling positions can be created. The rising trend would trap many overnight traders, who would go with mostly long positions.

 June 08, 2022: Wednesday: Auspicious Day of the Week.

Very interesting time 12.32 SUN will enter Nakshatra Mrugga – the most violent qualities are found, aggressive and blistering speed is the key to win, high-frequency traders and algos can mint money, due to jobbing spreads and sharp moves.  Rising prices would trap many many momentum traders.  

  June 09, 2022: Thursday: Bearish Day

The bad day of the week for the bullish traders and the investors, most important even if the markets fall, do not take fresh positions, just add to existing positions. Few stocks would get hammered; some eternal news would hit market sentiment very badly.

 June 10, 2022: Friday: Bearish Day

Negative stocks can be accumulated, Tithi and Nakshatra favor bullish positions but one has to wait for about 7 to 10 days.

 

 

Thank You

Futurologist