TimeMap October 31 to November 05

 StockZodiac

Reservoir of Wisdom   

 

 The movement from 21^st October to 28^th of October did surprise us a bit, we were expecting a rise but slow and steady and to be honest at least one panic during the zone, which never came.  

We have been aggressively bullish on the markets and have been very clear on our stance that every panic should be used for the new investment, still, every market fall was followed by a quick recovery from the lows is not allow investing with our NAWAB attitude, rather this is our only issue in the current scenario. Anyway, markets are moving the way we expect, and our strategy will likely give far better results.

 

The technical – Main trend is bullish, and it turned bullish on the 4 to 9^th of August week, the wide volatility after that was consolidation and strengthening of the strong hand base. In case of spot nifty moves above 18075 in the coming 21 days, it could give 2^nd confirmation of 20200 within 9 months, and 19090 within 4 months. Bank Nifty is positive, Technology is turning bullish, Metals are already positive, Infra and the capital goods sector is very positive, retail positive, and lastly pharma and healthcare are fully corrected and turn by turn would bottom out.

On the downside, unless 15800 is broken, there is nothing to worry about from weekly and Daily TimeMap, as everything will remain intact.

 

CPSE or PSU sector is in big bull and can easily give 14 to 17% for the next 2 years. Auto in the Momentum will cross to a new high. Nifty Infra is all set for a 10% momentum breakout and 75% it will rise further. Nifty 100 ETF will be the best investment in the current scenario.

 

TimeMap – SUN transit in the Nakshatra Swati is the best time of the year to invest long-term in the markets. The eclipse was under the influence of Nakshatra Swati, during this transit most investors or fund managers tend to overreact to small events or news, and those who react 99% stand to lose big opportunities. The Solar Eclipse of 25^th October was very interesting, as we mentioned 2004 and 1986 were the two previous years, we can just look back on to understand the impact of the eclipse as it is the same family of the eclipse. We observed small-cap, and midcap crazy bull rallies across the world from 2004 to 207, and real estate prices rising. Another important event of 1986 is the Chornobyl nuclear accident. As was given in the special solar report, relationships get exposed.

In the coming week, we are expecting overall positive bias, sentiment in the market would be much more positive and optimistic, and more money will flow toward the equity markets. Moving forward to weekly day-wise view.

 

October 31, 2022: Monday: Auspicious Day

A positive opening is expected. After the opening first few minutes for rather, an hour short covering would take markets further up, and many short sellers would lose their patience and surrender. We recommend booking profits wherever a big spike candle gets developed on the charts. Tithi & Nakshatra both will keep market sentiment very positive. Engineering and the infra sector will do amazingly well today. The DIVERGENCE indicator will give the best results today. STBT is highly recommended.

 

 

November 1, 2022: Tuesday: Bullish after 12.

A small gap down and negative trading in the first 2 hours is expected. Overall participation would be low, and funds would be very active. Khari’s call o news-based trading will give much better results. Most participants will look for a sell signal and by the end of the day, would get trapped and forced to liquidate their positive. BTST is recommended.

 

November 02, 2022: Wednesday: Big movement expected.

A higher opening is expected, markets will rise further, and many will have the feeling of being left, out of the bull market. Good probability many pointed top patterns will get formed on the charts, as spikes cannot be ruled out. The best way to handle this is to delay your urge to trade, on either side, let there be regret, rather than having a hole in the pocket.

The SELL signal of Monday will be ready to give quick results today, especially after the 14.15 time of the day. Similarly, the buy of Monday will give buyers in the first 30 minutes of the market today. STBT is highly recommended.

 

November 03, 2022: Thursday: Auspicious Day

Strong hands and stocks with a legacy will perform the best. The big names or the sector leaders will attract huge inflow due to re-rating etc. Investing for the long term is 18 to 30 months, after 18 months you can review and continue. BTST is highly recommended.

We are expecting a negative close today.

 

November 04, 2022: Friday: Good day to Book profits.

The higher opening will be followed by initial bullish participation and later the excitement will keep declining. We strongly recommend reducing major leveraged exposure, in the next week Moon Eclipse will give bad results in the markets.

 

  

Futurologist.