StockZodiac
Reservoir
of Wisdom
Market sentiment has turned negative and now most have
started regretting not booking profits above 18k or selling loss-making
positions, this is usual and we all go through the same emotional dilemma. Chartists
will start changing the tone of their opinion and views, technical analysts
will claim they had mentioned this, the fact is after all the research implementation
of the view, opinion and recommendation is the key factor that will distinct speculators,
gamblers, fund managers, and successful investors.
We
expected the 15th to 17th as a very tough phase to trade.
The higher opening on Monday, Changed everything and the weekly close went in a
big negative.
We
were expecting the final panic and sell-off in the month of March, which is in
the process, as per technical observation 16900 n 16700 has been assumed as the
level that would attract fresh money in the markets, and the expectation is the
flow would come slow and steady. Overall
things are happening broadly as expected some of the best names got hammered
which has surprised us in a big way. In our opinion, long-term investors should
start accumulating quality and new-age management stocks, with robust revenue
models. 16800 and 16200 will not hurt pockets but sentiment in the markets will
be badly bruised.
TimeMap
– is showing a positive close in the current week. A nominal positive and ideally
negative opening would confirm a positive weekly close. Various combination of
planet positions clearly favors the bullish camp. The Pluto aspect is positive,
and masses would be able to recover their losses.
PSU
sector and IT sector would recover nicely, and FMCG or consumer sector stocks are
likely to recover completely by April 10th. Venus in Nakshatra Bharani
will trigger positive movement in stock prices, as Venus will create wealth for
the investors, and give exit to trapped speculators.
21st
March is our Gann Angle date, escape angle is our strongest USP, and it has
worked wonders many a time.
March
20, 2023: Monday: Bad Day
Tithi
and Nakshatra are good for seasoned players, they will mint money today. The Pluto
aspect showing signs of a strong hand in long-term sticky investment money for
the Pharma sector will confuse investors.
The
real money would be made by the companies with huge equity bases, or PSU companies,
as they will attract big inflow of funds from pension and insurance companies.
March
21, 2023: Tuesday: Gann Day
Gann
Day on Amavasya is a very interesting year. We believe that the year would be
positive for the NIFTY and investors would gain more than 14%. From intraday
trading selling is highly recommended, be very selective about it, as the fall
in some stocks would be very fast. Basket of long shorts with more bias on shorts
in recommended.
As
mentioned above our view post 22md is positive for 3 days.
March
22, 2023: Happy New Year would be posted after the Puja.
Futurologist.
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