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 15^th.  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 2^nd 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.