StockZodiac
Reservoir
of Wisdom
Wish you all a very happy
new year 2023.
The first week does not
seem very positive, probably we would see a decline or negative close expected,
from Friday 30th to next week to the 6th of January 2023.
Volatility is expected to spike, and options traders would mint money.
Technical – Nifty is showing
signs of further fall, and reducing leveraged positions is highly recommended.
17510 is already
confirmed, and 17130 does not look difficult at all.
On the weekly charts,
extended weakness can take nifty around 16430, hurting most traders and market
participants, and taking a long time to recover from the pain. Get this part clear
in your mind, the chances of 16430 are 50:50, and if you are prepared for the
17130 or adjust positions to handle the pain of 17130, then 16430 won’t hurt
you much, as the adjustment of 17130 will take care of 16430.
Our Solar Cycle date is
January 10th it has been the most consistent and rewarding Solar
date, so just be prepared to take fresh positions and enjoy the most rewarding
period of the year.
January 02, 2023: Monday:
S.11: Bharani: Good to Sell
Gap Down opening is
expected. After opening first-hour trading is most likely to be choppy, and
after 10.30 markets would pick up positive activity, sentiment in the markets
would be optimistic and positive, while as per the time map of the day, one
should look for selling ideas. Tithi is auspicious but Nakshatra of the moon is
suggesting auspicious to initiate sell ideas. Mercury 60 Neptune is indicating
technology and communication sectors would get very positive.
January 03, 2023: Tuesday:
S.12: Kruttika – Pair trading strategies.
A higher opening is
expected. Tithi & Nakshatra combination gives the best results on the
divergence signals and pair trading is highly recommended. Laxmi Yog of today, the
majority will lose money & few smart minds will make tons of money. STBT is
highly recommended.
January 04, 2023:
Wednesday: S.13: Rohini: Auspicious Volatile Day
High-beta stocks give
better results, fund buying would be witnessed in fundamentally strong quality
stocks with stable management, a very good day for the day traders. Food & Agri
based industries would do well. An auspicious day to initiate new real estate
investments. BTST is recommended.
January 05, 2023:
Thursday: S.14: Mrugga: Auspicious Momentum Day
Tithi gives positive
vibes, and the Nakshatra of the moon is best for the momentum breakout signals.
Mrugga has the speed, and ability of a trader to take & change decisions,
can make big profits, or in other words, matured algo systems can mint money. Frontline
institutional fav stocks from the private bank, technology & Automobile
will hog the limelight. A bullish close is expected from the opening levels. STBT
is highly recommended.
January 06, 2023: Friday: Pournima:
Aardra: Positive after 3
A lower opening is a clear
sign of a further fall, overall, our bias for the week is slightly negative,
and expecting markets to fall today, and the probability of a big fall is very
high. TimeMap is very negative.
Look for sell signals,
stocks in the downtrend and retraced below 50% from the recent lows should be hammered
or shorted.
Futurologist.
No comments:
Post a Comment