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.