Weekly TimeMap June 12 to 16

 StockZodiac

Reservoir of Wisdom

 

Nifty closed above previous weeks closing, and intra week Nifty is just 150 points away from all-time high, and still investors are not seeing big positive in their portfolios. Global market sentiment is also positive and optimistic.

Technical – Markets have given a surprise failure rally, after giving sell on daily not reversed but rose above major resistance zone without correction, it is going to be a very aggressive catch-up market in coming few days. Midcap and Small cap sectors likely to outperform the markets.

Lot of money can be made in the next 2 years by being very active in the cash markets, especially midcap and small cap stocks. Midcap 150 has shown confirmation of 15600. Near to all-time high- Nifty traders the seller has small risk and 50:50 probability, playing short is far better in the current scenario.

TimeMap – coming week will give negative close and it could be big decline. Banking sector is showing negative impact, and many frontline stocks would give nice correction. Communication & oil sector stocks would give a nice positive move. Jupiter 90 Venus is showing that there will be divergence in opinion at global levels, and Ukraine war would come to some conclusive status that would add volatility and the directional breakout. Next 45 days markets would witness new high and equally aggressive rise and fall. Nifty in the first 2 days showing extreme negativity, and probably big fall cannot be ruled out.

SUN transit in Mrugga will add volatility and aggression in the markets would be seen, especially the hedge funds would be selling.

June 12, 2023: Monday: Auspicious Day

Tithi Navami the 2^nd Bearish part will remain dominant till 12 Noon, the Nakshatra of the moon is bearish, big funds would become aggressive sellers.

June 13, 2023: Tuesday: Good to invest.

Oversold reversal indicators would give nice intraday recovery trades. Technology and very high beta stocks can be bought.

June 14, 2023: Wednesday: Auspicious day

Leveraged traders can take big positions, long or shorts is depending on the research and findings. Midcap 100 stocks showing finest 40 days ahead, so many stocks will perform from the sector. Auspicious day before 12.30 look for Buy trades, and post 2.30 look for sell trades.

June 15, 2023: Thursday: High Friction Day

Sell and Buy trades will give nice results, while till 14.30 markets might show rising trend, and in the last hour fast sell off cannot be ruled out. STBT is highly recommended, Divergence on 16 days will give best short trades.

June 16, 2023: Friday: Bearish Day

Intraday traders should avoid momentum trades and look for contrarian trades. Big fall cannot be ruled out. Large cap stock would be under pressure.

 

Futurologist

TimeMap June 05 to June 9

 StockZodiac

Reservoir of Wisdom

 

Last week while Nifty closed in nominal positive, there seems to be a balanced demand/supply at the current zone, and company fundamental catch up will get discounted. A significant amount of business conviction and the fundamental clarity is needed for a trended movement of the business valuations, which sinks in stock prices much later and technical set ups start processing the business wisdom. Anyway, markets are getting broader and stronger, better than expected numbers from many sectors and technology has finally started to show improvement in the bottom-line of the companies.

Technical – A minor volatility should get followed by further upward movement, first target of the Nifty is 18930 to 19100, which is already confirmed and should happen by max July 2^nd week.

Investment is highly recommended during corrective movements from 17750 to 17300 zone, while opportunities would be limited. Aggression would be required during corrective phases.

TimeMap – Sun in Rohini 4^th Navmaunsh – is more determined, and willing to take calculated risk, and from 9^th Sun will enter Nakshatra Mrugga which will give directional breakout in many stocks and sectors. As far as current week is concerned Nifty is showing very positive movement, especially Technology stocks looking very positive HERO, IOC, ONGC, INFY, RELIANCE & MARUTI coming positive as per ZodiacAnalyst data. Infra stocks especially Cement is likely to give some strong signals.

June 5, 2023: Monday: Bad Day

Tithi 2 will have maximum influence. Positive closing is expected. Buy and Sell strategy in Index stocks is highly recommended. BTST is highly recommended.

June 6, 2023: Tuesday: Good till 2.

Higher opening would be normal, we recommend profit booking and reducing leveraged exposure. Selling and even taking short position is also recommended. STBT is recommended.

June 7, 2023: Wednesday: Auspicious Day

We are expecting volatility in the opening session, and after few stocks going up or hogging the limelight, aggressive profit booking from funds, ETFs, and insurance companies – a good probability markets most likely to turn negative. Big fall in select stocks is a good possibility. Technology will witness heavy offloading and select banks as well.

June 8, 2023: Thursday: Positive Day

Higher opening is expected, buy, and sell strategy for the day would be rewarding. Banks &NBFC stocks likely to hog limelight.

June 09, 2023: Friday: Bad day

Market neutral strategies highly recommended, participation of traders would be at peak. While volatility would be peak, and lot of money would be made by the smart traders. Best day of the week to make intraday profits.

 

Futurologist