StockZodiac
Reservoir
of Wisdom
Technical –
Short-term top has been formed, and sideways declining consolidation is
expected. Volatility would remain high, in the coming week, and we may see a further
decline, post-December 15th, TimeMap is very positive, and many
stocks will give a nice pullback rally from the lows. On the downside 18050 is the
reversal or short-term trend change that will get triggered. The current correction
is technical and would be slow and steady. Weekly movement could be V shape
steep fall followed by an equally steep rise. FMCG & PHARMA would give a very
nice positive surprise.
December 12, 2022: Monday:
Auspicious day
Tithi 4 has given more
money to sellers, the position of SUN is good for selling, and lastly, Moon is
in auspicious Pushya nakshatra, so it would be good to see negative markets. Delayed
participation is highly recommended. In case markets give a negative close, then
do expect a lower opening tomorrow, and further fall cannot be ruled out.
December 13, 2022: Tuesday:
High Momentum Day
Wide movement is expected
in the markets, Tithi is smooth, reduces friction, and is best for the momentum
indicators, Moon in Ashlesha is another high-impact strong position, trapped positions
do not chance to exit, which triggers further momentum. Watch Metal stocks for positive
movement. BTST is recommended.
December 14, 2022:
Wednesday: Bullish Day
Contrarian trades are highly
recommended. Real economy stocks of construction, cement, metal and engineering
will attract institutional buying. During nervous sentiment, suddenly big ETF
basket buying could uplift the sentiment in the markets. 72-hour position
trades are recommended.
December 15, 2022:
Thursday: Positive post 13.00
Tithi is positive and
often supports the bullish positions, look for buy signals. The buy and Sell
strategy would give better results. The rising trend in the markets should not
surprise. The FMCG sector will witness huge buying from insurance, and mutual
funds and broad-based buying will be seen in the markets. BTST is again recommended.
December 16, 2022: Friday:
Positive day.
Overall positive day, but
every rise should be used for booking profits. 2nd half could
attract selling pressure, especially in the banking and financial space. PSU
and Pharma would see major activity.
Futurologist.
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