Weekly TimeMap April 17 to 21

 StockZodiac

Reservoir of Wisdom

 

We were expecting a minor rise followed by a correction and nominal negative weekly closing, on the contrary nifty kept moving up. from the low or from March 29^th onwards – bulls have enjoyed a nice party. Many stocks witnessed vertical rise in stock prices, and most of the bullish traders were on the verge to surrender and many actually sold during the first pull back, and many weak hands moved out before 17500. Best was recovery in Pharma and metal space, and undoubtedly automobile has surprised everyone.

 

Technical – 16800 was mentioned long back, current level of 17700 is again not a surprise for us. We are close to supply zone, and reducing leverage exposure is highly recommended. Crossing of 18200 within next 30 days would confirm the upside target of 20665 within 13 months. All the downside levels remain the same, as nothing has changed, and not expected to change in the next 15 days.

 

TimeMap – it was clearly mentioned that post March 31^st, market will rise or bounce from the lows, and we are waiting for Index heavy stocks to rise further. Metal sector and select Index heavy stocks are showing very positive.

Technology sector showing negative movement, and it is also one of the best periods to invest in technology stocks.

April 20^th Sun 90 Pluto – is major negative aspect, it is more to do with natural destruction than wealth destruction.

Weekly minor negative cannot be ruled out.

April 17, 2023: Monday: Good Day, bullish day

Lower opening is expected. In the opening session participation would be less, but post lunch institutional buying would lift the sentiment in the markets. Banks and Metal sectors would hog the limelight. STBT recommended.

April 18, 2023: Tuesday: Auspicious to Short

SELL positions should be created with a view of 5 to 13 days. Sun transit in Nakshatra Ashwini is best for the short-term position traders, and long-short strategies give best results. STBT recommended.

April 18, 2023: Wednesday: Bad day

There are bright chances due to some external news, market could open in big negative, and further fall or panic sell off cannot be ruled out. It may happen in broad index or specific session. Contrarian Buy in FMCG and MEDIA.

April 19, 2023: Thursday: Avoid new Investment.

Technology might witness negative news, and also few stocks may give a nice major negative trend divergence on the charts, do not panic and wait for right opportunity to invest. Leveraged trading positions can be created.

April 20, 2023: Friday: Investment Day

Real estate, Private Banks and MNC big brand companies would be best to invest with medium to long term view.

Pharma sector would witness selling and big PSU would be under pressure.

BPCL is coming very positive in the system.

 

Futurologist. 

 

 

TimeMap from April 10 to 14

 StockZodiac

Reservoir of Wisdom

 

We were surprised not by the move or level of the nifty, both were expected, but by the aggression shown by the participants. Generally, it takes time for the markets to recover, and the move is concentrated, this time move was broad-based, looks like more ETF money got pumped in. The overall week went as expected.

 

Technical – in the coming week, the 17766 will act as a strong selling zone, or trapped positions will get liquidated. Simple sell-on-rise mindsets will also reduce the exposure of the holdings, on the downside 17230 will act as a buyer zone, and shorts would come forward to cover their positions. Looking at many charts across different sectors and market caps the overall sense is that there is going to be a strong bounce after a minor pause. Many charts have shown a bottom sealing pattern, which means the upside probability is very high.

 

TimeMap – as mentioned before overall current zone is somewhat positive for the markets. A negative close on Monday would indicate bright chances of a minor negative close in the current week is a big probability. IT, INFRA, and MNC look best for the speculative positions. IT and MNCs are more prominently positive. The aspect of Jupiter 0 SUN has a significantly negative impact on the markets, especially from the central bankers would hurt the sentiment in the markets. April 14^th SUN will ingress sign Aries, one of the best speculative spots for the SUN, undervalued Index stocks would start inching towards their fair valuations.

 

April 10^th, 2023: Monday: Bad Day

Tithi 4^tth gives the best momentum trades, and it is going to be very dominant today. Ideally, markets should give a negative close. Selling and buying would give better results. STBT is highly recommended.

April 11, 2023: Tuesday: Bad Day

A gap-down opening of the nifty is a positive sign. We would see a nice recovery in many stocks, contrarian trades, and mean reversion indicators give the best response to Tithi 6. NBFC would show a strong buying. BTST

April 12, 2023: Wednesday: Bullish Day

Tithi is bullish, Nakshatra of the Moon is bullish, expect a bullish movement and sentiment in the market would be very positive. Auto, Banks, and MNCs FMCG is likely to attract big fund flow.

April 13, 2023: Thursday: Volatile day

The last day of the week would be volatile, and market-neutral basket strategies are the best on such days. Divergence indicators can give nice trades. Intraday towards close bearish movement is expected. STBT recommended.

 

 

 

 

Futurologist. 

 

 

TimeMap April 10 to 14

 StockZodiac

Reservoir of Wisdom

 

We were surprised not by the move or level of the nifty, both were expected, but by the aggression shown by the participants. Generally, it takes time for the markets to recover, and the move is concentrated, this time move was broad-based, looks like more ETF money got pumped in. The overall week went as expected.

 

Technical – in the coming week, the 17766 will act as a strong selling zone, or trapped positions will get liquidated. Simple sell-on-rise mindsets will also reduce the exposure of the holdings, on the downside 17230 will act as a buyer zone, and shorts would come forward to cover their positions. Looking at many charts across different sectors and market caps the overall sense is that there is going to be a strong bounce after a minor pause. Many charts have shown a bottom sealing pattern, which means the upside probability is very high.

 

TimeMap – as mentioned before overall current zone is somewhat positive for the markets. A negative close on Monday would indicate bright chances of a minor negative close in the current week is a big probability. IT, INFRA, and MNC look best for the speculative positions. IT and MNCs are more prominently positive. The aspect of Jupiter 0 SUN has a significantly negative impact on the markets, especially from the central bankers would hurt the sentiment in the markets. April 14^th SUN will ingress sign Aries, one of the best speculative spots for the SUN, undervalued Index stocks would start inching towards their fair valuations.

 

April 10^th, 2023: Monday: Bad Day

Tithi 4^tth gives the best momentum trades, and it is going to be very dominant today. Ideally, markets should give a negative close. Selling and buying would give better results. STBT is highly recommended.

April 11, 2023: Tuesday: Bad Day

A gap-down opening of the nifty is a positive sign. We would see a nice recovery in many stocks, contrarian trades, and mean reversion indicators give the best response to Tithi 6. NBFC would show a strong buying. BTST

April 12, 2023: Wednesday: Bullish Day

Tithi is bullish, Nakshatra of the Moon is bullish, expect a bullish movement and sentiment in the market would be very positive. Auto, Banks, and MNCs FMCG is likely to attract big fund flow.

April 13, 2023: Thursday: Volatile day

The last day of the week would be volatile, and market-neutral basket strategies are the best on such days. Divergence indicators can give nice trades. Intraday towards close bearish movement is expected. STBT recommended.

 

  

 

Futurologist. 

 

 

Weekly TimeMap of April 3rd to 6th

 StockZodiac

Reservoir of Wisdom

 

The Last week of march as expected gave a nice aggressive positive close, and from the technical perspective a major moving avg- has been not only crossed but even the weekly closing has been given in the last 2 trading days, making the overall low of march as the strong bottom for the markets. IT, INFRA, and BANKEX show strong holding capacity of long-term investors, and a new high is expected very soon after a little more consolidation.

The weekly closing has brought life back in many charts and looks like traders will have the best 15 days ahead.

 

Technical is not just following a trend or price, taking notes, understanding, and studying the pattern of the responses to the current situations & events vis-à-vis similar records of the past.  As mentioned above many charts have shown bottom-out signs, with a proper bottom-sealing pattern, and some have formed proper CB-CT on daily charts. Looks like markets can give a pleasant surprise, and further rise cannot be ruled out. The closing has triggered a confirmed target of 17780 in short term, 18300 in 88 Days.

 

TimeMap – A lot of watsapp forwards have started pouring in about the month of April and how it has been most consistent and positive, and it is true as well. We kept insisting to keep adding during March Declines and getting invested by end of March. Broadly speaking a very positive week, with 2 holidays very difficult to trade. Metals and commodities may remain subdued.

 

April 03, 2023: Monday: Volatile day

A higher opening is expected. We are expecting a further rally in select stocks, especially the pharma sector, and technology. Towards the end of the day, especially after 13.45 a sudden selling might bring nifty even in negative. New buying only in stocks trading in negative is recommended, ideally, we recommend booking profits in the first half of the day. BTST is recommended.

 

April 05, 2023: Wednesday: Bearish Day

A higher opening is expected. Bearish means slow and stable markets with extremely low volumes, volatility would be high. Ideally, markets should close n the negative. Divergence indicators would be best to use for the intraday trades. In case markets close in the negative only then BTST is recommended.

 

April 06, 2023: Thursday: Auspicious Day

A big movement in the indices is expected. A flat to the negative opening of the indices is a positive sign. We believe aggressive short covering in the 2^nd half might give a new weekly high today.

 

 

 

Futurologist. 

 

 

Weekly TimeMap April 3rd to 6th

 StockZodiac

Reservoir of Wisdom

 

The Last week of march as expected gave a nice aggressive positive close, and from the technical perspective a major moving avg- has been not only crossed but even the weekly closing has been given in the last 2 trading days, making the overall low of march as the strong bottom for the markets. IT, INFRA, and BANKEX show strong holding capacity of long-term investors, and a new high is expected very soon after a little more consolidation.

The weekly closing has brought life back in many charts and looks like traders will have the best 15 days ahead.

 

Technical is not just following a trend or price, taking notes, understanding, and studying the pattern of the responses to the current situations & events vis-à-vis similar records of the past.  As mentioned above many charts have shown bottom-out signs, with a proper bottom-sealing pattern, and some have formed proper CB-CT on daily charts. Looks like markets can give a pleasant surprise, and further rise cannot be ruled out. The closing has triggered a confirmed target of 17780 in short term, 18300 in 88 Days.

 

TimeMap – A lot of watsapp forwards have started pouring in about the month of April and how it has been most consistent and positive, and it is true as well. We kept insisting to keep adding during March Declines and getting invested by end of March. Broadly speaking a very positive week, with 2 holidays very difficult to trade. Metals and commodities may remain subdued.

 

April 03, 2023: Monday: Volatile day

A higher opening is expected. We are expecting a further rally in select stocks, especially the pharma sector, and technology. Towards the end of the day, especially after 13.45 a sudden selling might bring nifty even in negative. New buying only in stocks trading in negative is recommended, ideally, we recommend booking profits in the first half of the day. BTST is recommended.

 

April 05, 2023: Wednesday: Bearish Day

A higher opening is expected. Bearish means slow and stable markets with extremely low volumes, volatility would be high. Ideally, markets should close n the negative. Divergence indicators would be best to use for the intraday trades. In case markets close in the negative only then BTST is recommended.

 

April 06, 2023: Thursday: Auspicious Day

A big movement in the indices is expected. A flat to the negative opening of the indices is a positive sign. We believe aggressive short covering in the 2^nd half might give a new weekly high today.

 

 

 

Futurologist.