TimeMap for the upcoming Week September 26th to 30th

 https://zodiacanalyst.blogspot.com/2022/09/timemap-for-upcomStockZodiac                                                           Reservoir of Wisdom

 

Quick review, Friday my forecast was select stocks would give a positive move, sector leaders would hog the limelight, and the rest of the market would decline but nominally. It turned out to be the best learning week, an earlier observation got the confirmation and it would give big profitable trades in the future. The rest of the week was good, as expected various stocks and sectors gave nice exit opportunities, and reducing the exposure was a clear directional recommendation given. Technology is showing signs of weakness and it is time to look at the sector for value buying opportunities.

 

Technical – Nifty has reconfirmed the sell signal on the daily charts, and the corrective confirmed target is 17130, and the price action around 16911 would give insight into the strength and the confidence level of the masses. It has been given earlier as well that 16650 to 16475 is the profit booking level of the short sellers, and in all ways, greed and panic trigger can give a spike of 16250. The above recommendations are based on short-term swings, and the timeline is November 10, 2022.

 

TimeMap – As mentioned solar date gave a nice deceptive movement, and trend reversal on daily got confirmed. The beauty of the SOLAR week is it is one of the best trade zones for a trader, Low risk and very high rewards is the specialty. Bank and Nifty are both showing a negative impact in the coming week. Selling on the rise is recommended, and 2.5% downside potency is indicated. Banks coming more negative. 2^nd part of the week seems better for the bulls, and the first 2 days seem auspicious to invest. September 29^th is a bad day of the week more than bullish or bearish, the influence will hurt sentiment and shake the confidence of the traders and investors. The aspects of Venus 0 Mercury, Sun 180 Jupiter is showing the negative influence on Monday and will give impact till Wednesday.

 

Positive stocks – MGL, DR.REDDY, LALPATH, HDFCBANK, INDUS BANK, BATA, CUMMINES, and INFOSYS.

Negative stocks – Supreme Ind, Oil India, ICICI, JSW Steel, BHEL, and Lupin Labs.

 

Futurologist.

 

 

 

 

 ing-week-september.html

TimeMap for September 19 to 23

 StockZodiac                                                           Reservoir of Wisdom

 

We started as ‘Stockzodiac’ a weekly newsletter under the guidance of Mr.Mervyn Sherman, we used to explain market trends and the levels to entry zone, price target, and exit points. The technical method used is known as ‘Dow Theory’ which is a method and not a theory. At a glance at the chart, Mr.Shemrna would say next, after many charts, he would say wait, this one look good, in a few minutes would narrate the full story that is unfolding behind the price bars, and probable direction and level that is confirmed.

Then he would ask me what do you see in the chart? Mostly – I would be blank and sometimes would try my best to utter something with a smile light a cigarette, and would start narrating the story behind the charts, he could read the mind of the strong hands, smart investors, and operators, he would often use word manipulators instead of operators. He taught me how to chat with the charts.

 Last week as expected markets gave the deception on Chaturthi, triggering the recent high, taking the hard stops, and on Friday the Auspicious day nifty broke the low of our SOLAR date. Technology was a big surprise, and it also means there is some more room left for a further decline in the prices of tech stocks. Banking, Cement, and Select specialty chemical can be best bets in the coming few months. 

 

The technical – clear signal is to reduce the leveraged and even equity positions and make room or funds for the opportunity that is around the corner. The risk profile is on the higher side, many stocks have reached or have entered the death zone and would be difficult to escape if the reversal begins. As of now the exit point for Nifty long is 17380. The Nifty correction till 16475 would make the market stronger and confirm that 19000 will get crossed before May 2023. Technical indication of reducing positions, investors need not panic as we see one or two good rallies before 17390 gets broken.

 

TimeMap - In the coming week, we should ideally see a positive close, and many stocks would give nice exit opportunities, rise should be used to trim the positions. There is a very bright chance in the next 15 days the range would get broken from 17950 to 17390, as per current observation the chances of downside are extremely high. Sun 120 Uranus is a positive aspect for the sector leaders and especially for the power companies.

The infrastructure sector and capital goods sector would be doing extremely well, we believe in the Power sector some big movement can be expected.

 

September 19, 2022: Monday: Volatile Day

A higher opening is expected. Tithi Navami's observation has been first part is optimistic, in the second part Short sellers can make a lot of money, so post 11.45 look for selling ideas. PSU stocks would rise.

 

September 20, 2022: Tuesday: Bad day

Nakshatra and Tithi suggest reversal trades or mean reversion indicators would give the best trading results.

September 21, 2022: Wednesday: Auspicious Day

Buying quality stocks is highly recommended, Metals and Technology can best results, Trade life should be till Friday. Energy-related stocks will do extremely well.

September 22, 2022:Thursday: Auspicious day

Momentum indicators would give the best results. Metals and very high best stocks can give the best profits and trading is highly recommended. In case a position is losing exit at earliest, and hold the profitable position with trail stop. Directional movement is expected. NMDC, SAIL, GMDC, and JSPL need a close watch. BTST is Automobile, and Private banks are highly recommended.

 September 23, 2022: Friday: Highly Volatile day

We are positive about Cement, and automobiles, and surprise could come from the real estate sector. Overall positive day and week expected.

 

Futurologist  

 

TimeMap from September 12 to 17

 StockZodiac                                                           Reservoir of Wisdom

 On the close basis after 21^st January – last week's close was the highest, so in the 9^th month, we have seen a new closing high. Do not know how it would be taken by the various technical methods, but the most consistent, easy, and trend-following method of Dow theory has given a sign of a major bullish market. Broadly rangebound volatile week, and best for next 30 days.

 THE SOLAR date has given Buy on Cement, Technology stocks, clearly the winner. As per the weekly candle 17409 is Stop for Nifty Bulls, initiate SELL trades when 17360 gets broken and bounce happens around 17475 tp 17650 Zone.

Technically – Markets are in the uptrend, further rise should not surprise, or even if a correction begins one should not get in panic unless 16500 gets broken with very high volumes. Technology and Banks have shown signs of bottoming out and probably could give buy signals in a few trading sessions.

Bank Nifty has given a positive breakout, I had posted an extremely Bullish View on the Bank Nifty, with a huge upside target. BankNIfty has confirmed CB & CT on the weekly Charts, around August 15^th, had mentioned that banks are likely to give big upside movement.

 TimeMap, Broadly looking at the upcoming week, our view is profit booking is recommended, to reduce leveraged exposure. Especially from Tuesday onwards external factors can hit market sentiment very badly. It would be a temporary volatile panic spike and can hurt major market sentiment. Avoid excitement; the best strategy is to just go easy and slow.

The Solar Date – Technology Buy signal should give 1 whipsaw, before the real rally begins, in my opinion, wait for the 2^nd confirmation on the technology sector.

Positive stock Names – PVR, ABFRL, DLF, BATA, MARUTI, DCB, BAJAJ AUTO, MUTOOT FIN, ASTRAL, PAGE, and ZEEL.

Negative stocks – Sun Pharma, Tata Power, Eicher Mot, ICICI bk, Mah& MAH, and LT.

  September 12, 2022: Monday: Auspicious Day

A flat to negative opening is expected. Aggressive intraday buying and a short covering cannot be ruled out. Media and technology stocks would attract a lot of attention. Buying trades from an intraday perspective could be rewarding. STBT recommended.

 September 13, 2022: Tuesday: Good Volatile Day

Ttihi change would be interesting as it is happening during trading hours, the Tuesday effect is negative, and ideally SELL and BUY strategy would give the best results. 

Technology is the sector to watch.

September 14, 2022: Wednesday: V shape movement

Influence of the Tithi and Nakshatra indicating potentially we should get V shape intraday movement in the markets. Mean reversion indicators would give the best results. Banks, Pharma, and FMCG sectors would change the market direction.

 September 15, 2022: Thursday: Bad Day

Momentum breakout would be best for the day, a Long-short basket would be the ideal strategy for the day, and volatile moves & opportunities will give the best profits. STBT is highly recommended, and it is advised to reduce leveraged exposures. 

 September 16, 2022: Friday – Auspicious Day

Big negative movements or even a market crash cannot be ruled out. The aspect of the day is showing big money will be made by a select few, so be specific, and do cut losses at the earliest sign of negativity.

Sun 180 NEPTUNE, VENUS 90 MARS additional aspect is Laksmi Yog, the aspects are negative and could hurt sector leaders.

  

Futurologist  

 

TimeMap From September 5th to 9th

 StockZodiac                                                            Reservoir of Wisdom

 

It was a very volatile week, movement disturbed and whipsawed best of the indicators and systematic algorithm systems, while individual traders were not able to participate due to opening gaps, but an amazingly simple approach of Buy when the markets are in negative and Sell when in big positive is working the best. As expected from closing basis markets gave a negative close yet making money in stocks was far easier. Defense and PSU companies, which we have been pushing for the past few months, give the best results. Most will be surprised to know that the momentum ETF has more contribution from the PSU sector stocks and performing well. Our opinion is getting more firm about a new high in the coming few months, and INDIA could be one of the best-performing markets in the world.

 Technical – The weekly pattern is indicating a bullish undertone, and unless something goes wrong in the global markets, especially with the currency or the oil market, nothing will pose a major threat to the Indian markets. There is a need for consolidation and contraction in the volatility is required before we get any trended movement in the markets. Corrective movement of 16900 and below would be considered particularly good for the markets and long-only strategies. Trading avg above 18120 with the higher participation would confirm a new high with the first confirmed target of 18845 and the next would be 19455, most likely to be achieved before December 31, 2022. On the downside 16240 is one of the strong zones of accumulation, and especially those who missed an earlier dip can use it in case the level gets revisited. As we are expecting a little deep corrective movement post-Solar date, ideally 16570 is easily achievable, and it is a confirmed target, breaking of 17150 would confirm the 16570 levels, we suggest selling on the rise and reducing long exposure.

 

TimeMap of the week ahead, there are no major aspects, but the impact of the past week and a week before that will continue to show the results. Bank stocks are showing a lot of positivity, but power and auto might witness profit booking. The biggest winner could be Reliance, it is coming very positively in the systems.

 

Stocks positive in the week – Reliance, GodrejCP, JSW Steel, HCL tech, Bharti, Astral, TechM, and LT.

 September 5, 2022: Monday: Bad Day

Deceptive movement is expected in the markets, delayed participation is highly recommended, and there are more chances of failure patterns on intraday charts. Tithi 10^th is strong, in case of lower opening buying is highly recommended. IT and Bank both coming positive on charts.

 September 06, 2022: Tuesday: Bearish Day

Tithi 11, is considered bearish for the markets. While sentiment in the market is optimistic, it is best to book profits in the long positions. Sell trades would be good for the intraday trades.

 September 07, 2022: Wednesday: Auspicious Day Bullish

The divergence indicator would give the best results. Buying oversold stocks is highly recommended. Overall market sentiment would be very cautious and confusing and the best would be to use contrarian trades, it would be a little difficult but make effort and execute contrarian trades to make a lot of money today.

 

September 08, 2022: Thursday: Auspicious Day

Aggressive position build is suggested, especially operator or khabri news would give best results. Adani group is showing signs of exhausting movement and seems something could go wrong. Look for short-sell ideas, in positive market sentiment.

 September 09, 2022: Friday: Bullish Day

The buy and Sell strategy would give better results. High beta, Index heavy leaders and operator-driven stocks will give the best positive movement, our view is positive for the day.

 

 

 

Futurologist