Sunday, April 09, 2023

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 14th 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 10th, 2023: Monday: Bad Day

Tithi 4tth 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. 

 

 

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