StockZodiac
Reservoir of
Wisdom
In the last week, Nifty
closing was above April 4th, 2022. The 8-month Time-cycle is showing
a bullish pattern, and it is something very important time cycle that cannot be
ignored, as the chances of the failure of the current rally are highest in the
coming 30 days. The risk of miscarriage is very high in the 8th
month. The price movement in the last week was very confident and participation
was broad-based indicating matured participation by the strong hands.
A few weeks back we had
given our BankNifty View, and it is playing out well. We are bullish and have
been bullish and insisting on keeping a buffer to keep adding during panics,
and obvious markets will remain volatile giving opportunity to profits as well.
Technical – As always whenever
a new high closing is marked, technical signals would be bullish, but this time
it has happened under the influence of ‘Nakshatra SWATI’ which makes it very
important, it is a clear indication that markets will give 12% and more in the
coming 13 to 15 months. As per the current simple study 18775 to 18850 seems the
best target for the nifty in a very short time period that is 21 to 45 days. As
of now, 16700 remains the reversal point. We recommend holding longs and adding
on dips.
TimeMap – The best
investment period is the 23rd to 6th of November every
year, as SUN transit in the Nakshatra Swati has consistently given the best
results. It is observed markets tend to fall during this time zone or picking
fallen stocks in this period gives a huge probability of making decent profits.
This year, no sector or stock has declined to fall noticeably big, so the other
perspective could be, the current valuation is good to invest. In the coming week, the Eclipse of the Moon is
on Tuesday, and broadly ZodiacAnalyst is showing negative movement in the
markets. TimeMap is to be used to understand 5 to 13 days of forwarding
volatility to be used for trade setups. Take an insightful decision to enter or
exit big positions. Moon eclipse generally is followed by big bearish price movements
in the markets, particularly avoiding leveraged exposure.
SELL ideas are – DR. REDDY,
BAJAJ AUTO, ITC, UPL, Mastek, ABFRL, HCLTECH, GODREJ CP, TATA MOTORS, and LT. NIFTY.
BUY ideas are – Bharti, Maruti,
ICICI bank, POWERGRID, AXIS BANK and TITAN.
November 7, 2022: Monday:
Volatile Day
Tithi 13th has
given volatile movement, in the 2nd half expect a sell-off in many
counters, we recommend reducing positions. STBT is highly recommended. Venus 90
Saturn is a negative aspect, and many stocks would witness profit booking.
November 9th,
2022: Tuesday: Bad day
Eclipse day, Mercury 0
SUN, means logic would go for a toss, some external event or Hara-kiri attitude
by politician or operator or some big corporate would send panic across the markets.
We are expecting negative movement in the markets.
November 10, 2022:
Thursday: Auspicious Day
A gap-down opening is an opportunity
to invest. The best indicator is to go with the trend, Sell downtrend stocks on
the rise and uptrend stocks should be bought on dips. Volatility in the markets
would give both opportunities. BTST is highly recommended, wide movement is
expected tomorrow.
November 11, 2022: Friday:
Bullish Day
On a Serious note – Tithi 3rd
gives wide movement in the markets. The direction in the 2nd hour of
the day should be followed in the same direction as by the end of the day wide movement
gets captured.
Futurologist.
