Weekly TimeMap from March 13th to March 17th

 StockZodiac

Reservoir of Wisdom

 

The March Panic Sell-off expected after the 21^st is already getting signals, that significant bank failure in the US will hit the global investment world, especially the start-up world very badly. It has been observed, when the markets are struggling to find a bottom, the external factors do the needful. So, we are hitting a 16900 or 16700 very soon, and this will give us a nice clarity in recovery stocks.

TimeMap, the signs of bottoming out was clear and needed that final jerk to complete the process, but in the Indian markets we need a local reason or excuses, probably something more will come out from the troubled ADANI group.  

We expected a positive Monday and even recommended, BTST based on weak closing on Friday.

 

Technical – Nifty has given small failure on hourly charts, and a gap down on Monday would mean a tough week ahead. Rather by March 25^th, we were expecting a final panic, the unfolding of events in the last week seems to confirm the same. Technical level on weekly do not change unless a major move happens, so the rest of everything remains the same and as mentioned above below 17000 would make it markets very strong. Positive Momentum trade only above 17800.

 

TimeMap – Nifty is looking better than the last week, From the opening & close levels of Monday, Friday would be positive. Intraweek volatility would be very high, in extreme panic aggressive buying is highly recommended. From March 15^th to 17^th multiple aspects of major planets will increase volatility, it will be a tough phase to trade, and delayed entry would make it easy to make money.

 

March 13, 2023: Monday: Positive day.

Those who have the habit to respond to market moves will lose big today, reading the real-time market moves will be tough, and that is why those who have plans ready will mint money. Tithi gives the best contrarian results, and to do that one needs to have a lot of clarity. BTST in the Metal sector.

 

March 14, 2023: Tuesday: Bad Day

Tithi is generally bullish; Nakshatra gives the best short-sell opportunity. Metal stocks tend to do well. Sector leaders or stocks with long track records tend to attract Investments. Insurance companies are very active in the markets, as they have long-term commitments. BTST Cement and Automobile

 

March 15, 2023: Wednesday: Volatile day

A bullish mindset will be rewarding, while market sentiment may not be optimistic, and most will prefer to wait for the confirmations. A positive close is expected.

 

March 16, 2023: Thursday: Bullish Day

Navami in the first half has given bullish moves, and big ones and 2^nd half have often been good for the sellers, Bes time to trade is 10.15 to 14.45. Divergence signals on daily charts should be sold by the end of the day with a trade lift of 72 hours. A nominal negative close is expected.

 

March 17, 2023: Friday: Bullish Day

Best day of the week for bullish traders. A big directional move should not surprise the investors and the traders. Divergence and oversold reversal will be the best trades. Aggressive ETF investment is highly recommended.

 

Futurologist.