Weekly TimeMap

 StockZodiac

Reservoir of Wisdom

 

As expected, Nifty declined and gave negative weekly closing. The sentiment in the market is turning bearish. The signs of panic and investors losing patience are clearly visible in a few counters, and overall market participation has reduced. Adani Group continued to lose ground, and not easy to regain lost ground, most trapped investors and traders looking for exit are likely to lose further.

 

Technical – During the week nifty declined by 478 points, further fall seems imminent as the sentiment is turning bearish. On the charts, Nifty has given a close below 21^st October 2022, the chart pattern is indicating further fall up to 16900 is easily possible. Trend as per weekly is bullish, and sideways corrective movement is testing the patience of the investors. We had mentioned further consolidation is needed and only then the new bull rally would pick up. The Nifty level of 16700-16550 is the best zone for the double bottom, further new high becomes easy. Short cover and momentum strength in Nifty is only above 18200, so aggressive long only when momentum indicator triggers till then slow steady accumulation is the best policy.

 

TimeMap – further weakness is expected in the market sentiment, while after the volatile negative start of the week, we are expecting markets to recover nicely from the lows. Bank Index is showing further weakness, Pharma and Energy sectors showing positive movement. Broadly a nominal negative closing is expected. March 2^nd seems a turnaround day or Nifty could most probably bottom out. From March 10^th onwards expansion in volatility with a very positive trend is expected.

 

February 27, 2023: Monday: Volatile Day

The open-to-close nifty movement is expected to be a positive day. Divergence indicators would give the best buy-side results. Active participation in trading is required, and good money can be made.

February 28, 2023: Tuesday: Good volatile day

Navami on Tuesday, and the moon transited in the most aggressive and violent nakshatra that Nakshatra Mrugga. High beta counters would give the best results. Private banks, Index heavy counters. STBT is highly recommended.

March 1, 2023, Wednesday: Auspicious Day

While sentiment in the market would be optimistic, institutional selling pressure would keep indices under pressure. Momentum indicators would give the best breakout directional trades and hold the positive position as overnight positions. Realign portfolio to changing needs and developments.

March 2, 2023: Thursday: Turnaround Day

Tithi is bearish & Auspicious, and Nakshatra Aardra – Punervasu, is the finest and best day for turnaround stories. NCLT cases, restarting old projects gives the best results. OIL major is coming big positive with 40 days view. A negative close is a positive sign.

March 3, 2023: Friday: Positive after 9

A negative opening and Negative close would be a positive sign, and confirmation that markets are likely to bottom out in a max week’s time. Long-term investments are highly recommended. MACD monthly divergence signals will give the best results.

 

A panic selling from February 28^th to March 2^nd is a bright probability. PHARMA is showing bottom-out confirmation to get triggered in the coming week.

 

Futurologist. 

 

Weekly TimeMap From February 20 to Feb 28

 StockZodiac

Reservoir of Wisdom

 

 

Last week, the movement in Nifty futures damaged the sentiment of the market participants. While rest of the week was positive, and participants were left out of the markets. Friday was comparatively far better than what we had anticipated, actually, the balance of power in the long-short position was very soothing.

The current situation in the market is well-balanced, and both sides the bulls n the bears seem to have an equal chance to win.

Technicals – markets have bounced from the lows, while the bottom is not well consolidated, and may require further strengthening. We believe a more proper balance is needed, and the upcoming 10 days seem more in favor of the bears.  A minor in Nifty would attract selling from big investors & Institutions.

A very strong selling line is 18190 – which will act as a line of resistance to the rising trend in the markets.

17500-17300 needs double bottom, and probably the coming few days would give that chance again.

TimeMap – The coming week is clearly in favor of the bears. Except for IT as a sector everything else is showing negative movement and could really damage the sentiment in the markets.

Mercury is very powerful during the week and looks like the Metal and especially the steel sector will witness heavy volumes, positive direction.

February 20, 2023: Monday: Bad Day

Selling is highly recommended. Broadly week is showing weakness and further fall in many counters seems almost confirmed. Someone is in a hurry means, holding capacity going down and we may enter a forced liquidation round, which could trigger cascading effect in the markets.

February 21, 2023: Tuesday: Bad day

Tithi 2- will begin after the Sun Rise of today, and end before the SUN rise of tomorrow, so as per Niryan System this is known as Shai – or missing Tithi.  Banking & Financial will hold the markets, broadly showing negative movement. Going slow on investment is recommended. Traders in case markets fall big today, aggressive BTST is recommended.

February 22, 2023: Wednesday: Auspicious Day

Buying oversold stocks, and wherever stake is to be increased, buyback to be announced, or stake purchases to be finalized it is the best day for such transactions. BUY and SELL strategy will give the best results.

Wide movement in Index futures is expected, directional trades would give better results.

February 23, 2023: Thursday: Auspicious Day

Tithi 4 is deceptive and Nakshatra Revati is sensitive and any news can trigger panic in the markets, be prepared for a steep fall in many scrips. IT would be best for short-side trades. BTST Auto.

February 24, 2023: Friday: Good Day

Gap down is a clear sign to buy and get aggressive on the long-side trades. Position buy trades can be initiated; long-term business agreements can be signed.

 

A weekly negative close is expected.  

 

Futurologist. 

 

Weekly TimeMap February 13th to 17th

 StockZodiac

Reservoir of Wisdom

 

The range of movement got further squeezed, and volatility dropped. Even volatility in stock prices got arrested, and it seems participants are waiting for others to take the directional movement. Banking as expected recovered, and even Infra stocks performed well, FMCG is slightly negative, and over-hyped stocks with extremely high PE are getting adjusted to realistic valuations.  

Now, it is getting trickier markets have become indecisive, and while our main trend view is bullish, we would suggest continuing selective buying or rather accumulation is the best strategy.

 

Technically – As we mentioned on the weekly chart, the uptrend is continuing so Index heavy good stocks can be accumulated, on the other hand, sector rotation is nearing the completion pattern, which means in another 3 to 7 weeks, we should see a major positive breakout on the charts. The chart needs a little more consolidation which can happen as mentioned before, so everything remains the same as per technical.

 

TimeMap – January 18^th Aspect had indicated major wealth destruction, the external wealth destruction that happened in Turkey’s earth quack, and probably we would be seeing something similar in India in 2025.

PLUTO, SUN, MARS, and MERCURY aspect not single, between any 3 of them often causes wealth destruction, it has been found time and again and it happens within 40 to 45 days. Broadly a positive week ahead, Saturn 0 Sun is a major aspect, but as mentioned it is stand-alone 3^rd planet involvement is missing so it can give big fluctuation but nothing major. Broadly week is going to be very positive for the markets.

 

February 13, 2023: Monday: Bad Day

Higher openings of indices and rising trends should be viewed as opportunities to initiate a short position. Sell and buy would give better results today. A good technical analyst can easily identify stock price taken up manipulatively for an exit – such a counter should be hammered.

February 14, 2023: Tuesday: Good Day

A negative opening should be considered positive, day traders look for buy trade in the opening and sell signal in the 2^nd half. Volatile day-long shorts both will get a fair chance. Multiple trades and quick profit booking would be the best strategy. BTST Metals, Private Banks

February 15, 2023: Wednesday:  Deceptive Day

Wide opening in some stocks would attract volume and a lot of retail participation, and there is an absolute big chance that once again ADANI would come under big selling pressure. Difficult to make money, use momentum breakout indicators. Be very choosy about the trades, less is better, and ride the trades.

The best is to have a long-short basket – systematically executed, not an easy day to make a screen judgment and participate in the market, as the number of news would make it difficult to take quick calls.

February 16, 2023: Thursday: Bullish day

A lower or flat opening and then a positive close would be a perfect zodiac influence on the day. The automobile, Infra, and cement sectors would hog the limelight. Our view is more positive for day traders can make a lot of money, more participation is recommended, and the best day to make intraday profits.

February 17, 2023: Friday: Positive day

While Sentiment in the market would be very positive and optimistic reducing the leverage position is highly recommended. Position short can be created since the day is auspicious to sell and buy. STBT recommended.  

 

Futurologist. 

 

Weekly TimeMap From February 6th to 12th.

 StockZodiac

Reservoir of Wisdom

 

 

After all the drama Nifty is holding the level of 17500 levels, it shows that there is long-term sticky money in the system that will get deployed in quality over short-term momentum risky investments. The rise on Friday was a little surprise, we are expecting a final sell-off in the Adani group before March, which can be the final blow to the Indices. Technology is showing bottoming out signs, already some have recovered well to rise further, on the other hand, the Pharma sector kept on losing even on a positive day.

 

Technically, the last week’s chart pattern is very positive and has indicated being long would be more profitable from a short-term perspective, in fact, daily and weekly charts are in the slow and stable accumulation zone. On the Candle of February 1, on Friday markets recovered and even closed above the 50% level of the budget day candle, it indicates with clarity that there is a lot of money waiting to get invested and it is not bothered about the short-term volatility, which is making the maximum noise due to Adani group. We would not be surprised to see 19300 within 6 to 8 months on the charts. Volatility would keep rising as technology & systematic trading systems would execute the orders as per the signals. The weekly chart indicates that a little more price & time consolidation would improve the strength of the chart and a new high would be easier to hold as well.

  

TimeMap of the week – more volatile week ahead, the broad outlook is nominally positive week ahead, Tuesday, and Wednesday seem to be the bearish days, Thursday seems a flattish day and Friday is a very positive day. Banks have been consistently positive in the Time Zone, the next sector is IT, while FMCG has been negative, along with Pharma. As mentioned, Technology & communication 2 Reliance & Bharti showing positive TimeMap in the coming week.

 

February 6, 2023: Monday: Bullish after 11.

The lower opening would attract day traders and also the short covering, which will push indices into positive territory within a few minutes after opening. Metals will hog the limelight, along with PVT banks. BTST is highly recommended.

February 07, 2023: Tuesday: Volatile Book profits.

A higher opening is expected, Selling and profit booking is highly recommended. Automobiles and Cement will do extremely well. Day traders’ market-neutral strategy is best for an overnight trade.

February 08, 2023: Wednesday: Wide movement in the market is expected.

The opening will decide the direction of the market, higher opening means markets will rise, and a lower opening means fall further. Trend following would yield the best results.

February 09, 2023: Thursday: Bearish Day

Very volatile and unpredictable day. Tithi is most deceptive and would be tough to arrive at decisions. Divergence will give the best results and participate after the confirmation.

February 10, 2023: Friday: Bullish

The last day of the week is actually showing positive movement in the markets, Mercury 0 Pluto is a bad aspect, and it indicates man-made destruction.

 

As mentioned above 19300 have been confirmed by the markets within 6 to 8 Months. Planet aspects will play a crucial in the current week. 

 

Futurologist.