Sunday, January 29, 2023

Weekly TimeMap from January 30 to February 3rd.

 StockZodiac

Reservoir of Wisdom

 

 

In our weekly newsletter it was mentioned that the week that passed would be the last for the price correction to test or reach the target 17500, which got achieved. What does it indicate? It simply means bear camp is getting strong and slowly building up more positions. So as always once a particular level is achieved, we generally get a pull back which should be used as opportunity to reduce the longs and also exit trapped positions.

There are people looking for a buying opportunity in Adani group, and there are some looking for exit and some have incurred huge losses. As per Time Cycle Top was formed around September Solar Date, there is pattern failure now, and it means the stocks can decline by 40% more.

Technical has changed big time in the last week. Unfortunately, my Meta stock is not opening so not able to give the technical input in the weekly letter.

From TimeMap perspective coming week seems far better than the last week, and closing of first 3 days of the week, showing signs of negativity and further fall in indices cannot be ruled out. As mentioned in the last week, VENUS being strong bring in volatility and Wealth destruction would get followed by recovery, but movement would be wide. It is observed, when a planet is strong, it gives best & fair results, being fair it also punishes the wrong doer in the process. When the planet is in a bad house & destructively affected, it triggers negative thoughts and ideas, which are calculative & consciously executed even after knowing that legally or morally they are wrong.

 

January 30, 2023: Monday: Bad Day

Negative opening should be considered positive, while big gap up can hurt day traders. Overall, it is a bad day, and taking rational quick decisions and acting becomes challenging due to factors that cannot be explained.

Power sector & Metals especially Steel stocks would attract fund buying. There is a very good chance 2nd half would see short covering in select counters. STBT is highly recommended with 72 hours trade life.

 

January 31, 2023: Tuesday: Bullish Day

Most will think – given STBT and am saying bullish day, pullback is an opportunity to add shorts in a downtrend stocks, stocks which are trading below September 2022, and January 2023 Solar date, those will decline big in coming few days. From the day trader’s perspective look for oversold reversal in FMCG sector & select PSU.

 

February 01, 2023: Wednesday: Bad Day

Selling in the opening is highly recommended. High Beta stocks and private banks will be in the limelight, as mentioned big wealth destruction and wide movement is expected in the markets. Do not keep trading positions open as the movement would be fast and will not get time to punch stops, rather punch stops first and then enter the trade. STBT is indicated.

 

February 02, 2023: Thursday: mixed good till 12, and then bad.

Position of the moon is bad, and in a Nakshatra that has power to put strongest man or safest traders, or most protected position get in trouble, or bend on knees. Delayed participation & also contrarian action would be the key to earn profits today. It is not easy to trade against crowd.

 

February 03, 2023:  Friday: Auspicious Day

Buying oversold stocks, contrarian buying action would give big profits. Aggressive buying is recommended, in PSU banks, stocks and defence and also technology stocks.

 

 

 

Futurologist. 

 

Sunday, January 22, 2023

Weekly TimeMap from January 23 to January 27th

 StockZodiac

Reservoir of Wisdom

 

 

 

Last week’s intraday movement got further compressed. Looks like in the coming few days, more consolidation in the price movement is needed, overall against all the odds, markets have held well in the past few days. Considering global sentiment and the local challenges faced by the various business houses, the performance of the markets has been extremely good. We believe there is significant strength & currently, it is about time correction that is happening. As it always happens weak hands run out of patience or be forced to liquidate their position by the market volatility or by the operator manipulations.

As the new year has started, Saturn has entered Kumbha, or the sign Aquarius, and will remain in the sign for 29 months, in its own wise and extremely intelligent, scientific approach & daredevil actions, most caring people are found. The negative side is a highly addictive personality, gamblers & manipulators are found. Saturn in Aqua gives the ability to plan visualize and execute larger-than-life projects. The index will see one of the highest changes in the next 29 months.

In the coming week, Venus & Saturn will conjunct in the sign Aquarius is very positive. The aspect can give surprises & huge success, and one such example is Movie Sholey – it changed life for not only the star cast but thousands of others connected directly or indirectly. In the next 25 days, we would get companies that would give the 30% CAGR for the next 8 years, the so-called multi-baggers, which will become part of NIFTY100 & as mentioned above Nifty 100 will highest changes in the next 29 months.

TimeMap – last week for the price correction, and in case 17500 & 17300 downside if nothing happens this week, we will see a new high before March 15th.  In case panic sets in, use it as an opportunity as recovery would be equally fast, for the next 2 months VENUS is strong and exalted, which means wealth creation will happen.  

 

Technical – as given in the last week, nothing has changed.

 

January 23, 2023: Monday: Bad Day

Deceptive day reading intraday signals is very difficult, and anxiety & excitement will hurt the traders the most, avoid swing trades. The best strategy is to go for BTST or STBT trades using momentum breakout indicators. Big money can be made by overnight strategies.

January 24, 2023: Tuesday: Momentum Day

Momentum gives directional move, up or down does not matter, and trend following gives the best results. Be aggressive and take big positions.

January 25, 2023: Wednesday: Bullish Day.

Tithi Chaturthi – most deceptive and illusionary of all, more often bearish or corrective phase is witnessed. The first half is bearish and 2nd half is expected to be bullish. The STBT technology sector.

January 27, 2023: Friday: Auspicious day

Pair strategies work best, long short systems are the best to use today. Negative close is expected.

 

 

 

Futurologist. 

 

Sunday, January 15, 2023

Time Map January 18th to 23rd.

 StockZodiac

Reservoir of Wisdom

 

We were expecting a nice bounce back that will give relief to the trapped bulls, and an opportunity to create fresh short positions and movement in the market somewhat showed it. The real worry is that bounce is very weak and more worrisome is the fall is also not happening as expected. From the point of view of a speculator, current markets are the worst, current markets are best for swing traders, as investor markets are always good for buying and selling.

 

Technical – a very clear 18251 is the hourly chart CT, and on the daily charts, the CT is 18816. We strongly believe that markets need to correct more around 17560 levels, which would make it very strong, and consolidation would be complete. Ideally, a weak bounce followed by aggressive selling should be the scenario in the coming few days.

The candle of the last 4 weeks indicates the 17700 level is attracting a lot of investments, and probably breach would send a panic sell-off from the algo and system traders. The Crisis levels would be 17240, and 16680 & a nightmarish level would be 16140(5% probability).

On the upside Crossing of 18145, and 18245 will trigger and confirm daily CB, with an extension target of 19025, (the assumption is January 12th low won’t get breached.).

 

TimeMap – As per the solar date, we have breached January 10th Low, which means ideally looking for short positions would be logical. On January 18th SUN 0 PLUTO, aspect is giving broad market negativity, and as always, a natural disaster or accident would hit the market sentiment, generally, a margin of 72 hours is kept for the actual event. We suggest till 23rd January be very cautious while taking derivative positions.

 

January 16th, 2023: Monday: Normal day

Moon in Swati, and Tithi Navami – higher opening and quick rise cannot be ruled out. It is a very good trading day, swing traders on an hourly chart can make a lot of money, buying is recommended in the opening hour, and post 14.10 look for sell trades. Overall volatile trading day.

January 17, 2023: Tuesday: Bad day

The divergence indicator would give the best results. Many counters would witness the trimming of long positions, so wherever leverage is high, such counters can be looked for shorts. Sell and buy would reward big.

January 18, 2023: Wednesday: Good to build speculative positions.

Tithi Ekadashi is auspicious, and it is observed seasoned speculators are very active. Nakshatra Aardra is good for aggressive action and momentum indicators, big money can be made by holding winners. Big money can be made by using signals of the momentum breakout indicators. SUN 0 PLUTO influence would be seen on PSU stocks.

January 19, 2023: Thursday: Bearish Day

Volatility would be at its peak, a tough day to make money.  Closing of the market would be in opposite direction from the starting levels. Sell and buy would give better results.

January 20, 2023: Friday: Bearish Day

A gap-down opening is expected. Markets are in a tight spot; the Pakistani crisis would hit regional politics. Honestly, my personal view is bearish from Jan 18th to 25th, and would avoid taking fresh leveraged long positions.

 

My expectation is one more panic selloff is needed, to consolidate, and drive the weak hands out of the market.

  

 

Futurologist. 

 

Sunday, January 08, 2023

Weekly TimeMap From January 9th to 13th, Pull back rally

 StockZodiac

Reservoir of Wisdom

 

 

We were clear on negative closing for the last week but surely got surprised that the low of the previous 2 weeks did not get broken nor closing was as bad as expected, so it was still a sweet surprise for us. Market breadth has improved, investor confidence is intact, and the internal structure of the capital markets is very strong & healthy, so the risk of external events & scams of over-leverage positions, and liquidation has gone down significantly, while instant discounting of information is a big risk now. So ideally going forward concentrated portfolio is not going to be a good idea.

The technical of the last week has not changed, and the view posted in the last week’s write-up remains valid even in the coming week. The bounce in the coming week will give an exit in many counters.

 

TimeMap – Next week is the most rewarding SOLAR week of the year, from the perspective of a short-term 90-day speculative trading position. Our data suggest that it is the best low-risk high-reward trading zone of the year. From a strategy perspective, long short on stock and indices really works well.

The insurance sector is showing positive as per TimeMap, unusually positively biased towards the sector.

 

January 09, 2023: Monday: K.2-9.40/K.3: Ashlesha: big movement expected.

Tithi and the Nakshatra both support the momentum breakout indicators, the movement can be fast and directional. Exit losing positions as soon as possible, we have observed delay in booking loss has led to huge MTM by the end of the day. Nakshatra Ashlesha – delay in decision leads to pain beyond control, the movement is so swift the opponent is squeezed to death. Best day to make money of the week.

Metals, selective high beta private banks & operator fav stocks do well. BTST Cement & Real estate.

January 10, 2023: Tuesday: K3-12.10/ K.4: Ashlesha/Magha: Volatile day

Higher openings should be used as an indicator of positive market sentiment, Buy and sell strategy would give better results. Infra-sector stocks tend to respond very well. BTST is highly recommended.

January 11, 2023: Wednesday: K.4-14.42/K.5: Magha/Purva Mean reversion trades.

A higher opening is expected, ideally, look for sell signals or reversal indicators, rising prices should be used as an opportunity to exit or reduce long positions. Markets would see much higher volumes and a lot of participation. The market breadth would be positive, and mid & small-cap stocks would rise big. STBT is strongly recommended.

January 12, 2023: Thursday: K.5: Purva14.20/ Uttara: SELL

Selling is highly recommended & the stop is high of the last 3 days. The best signals would be divergence indicators, selling against the sentiment or contrarian will give big profits. The view is negative for today.

Making money will be very difficult today for the traders.

January 13, 2023: Friday K.6: Uttara: SELL

A nominal positive opening is expected. Tithi is good for mean reversion trades, Sell or short sell give huge rewards, in case trade is positive continue to next week. SUN 60 NEPTUNE is a very interesting combo, the influence is very positive on the technology sector, it would be the sector to watch for very positive signals.

 

 

Futurologist.