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. 2nd part of the week seems better for the bulls, and the first
2 days seem auspicious to invest. September 29th 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
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