TimeMap July 29, 2023 to August 04, 2023:

 StockZodiac

Reservoir of Wisdom

 

 

Markets expectedly moved and corrected in the last two days, and interestingly large cap corrected while mid and small cap gained. Emerging markets evolve very fast, and the Indian markets are at a very inflection point, shift of youth to direct equity as well as ETF, would give a spike in volatility and activity, liquidity in the markets.

 

Technical – Market breadth is improving, and the participation is happening in quality or comparatively better-managed companies, as always there would be cases of manipulation, but the infamous pump-n-dump category is slowly reducing in number and would form a small group of people. This is a very good technical indicator, that is quality stocks are moving upward. At the current levels Nifty would feel the heat and continue to witness bouts of selling and profit booking pressure, most of the stocks are slightly stretched on the short-term indicators. A corrective move should not be a surprise, as Nifty needed to consolidate and improve strength at the bottom. As we mentioned markets are bullish and small n big corrections will be much more than usual. Managing position is the key in an up-trending market.

The sector that technically looks strong are Power and select PSU stocks. While Many companies have reached strong profit booking levels.

 

TimeMap – Nifty shows weakness and volatility would get compressed, and Nifty's next 50 shows positive movement. Banking stocks are likely to give a big negative move in the coming week, and IT is coming very positive. NBFC coming positive and select metals are bullish. Looks like markets are looking at the mid and small-cap sectors more than the frontlines. CEMENT sector and 2-wheeler stocks show special positive movement. AXIS, SBI, and LT coming specifically negatives in the TimeMap.

 

July 31, 2023: Monday: Bad Day

A higher opening would be a positive sign, flat to negative opening would be considered as negative for the markets. Markets most likely will give negative closing from the opening levels.

August 01, 2023: Tuesday: Bad Day

Aspect of Jupiter 120 Mercury is bad for the markets, NBFC & Brokerage stocks will attract strong hand buying. While banking engineering stocks might attract sell-off.

August 02, 2023: Wednesday: Auspicious Day

News-based or Khabri calls would give profit, and position trades in the metal stocks and high beta stocks can be initiated. One of the best days to take big bets with options and make tons of it.

August 03, 2023: Thursday: Auspicious Day

Add more to earlier positions. High beta stocks will give a nice breakout. Metal and Power sectors can give the best trading ideas. STBT is highly recommended.

August 04, 2023: Friday: Bearish Day

On a deceptive day, a higher opening will be considered the best signal for selling shorts. Post lunch get aggressive with shorts positions. The divergence sell signal will give the best results in the next 10 days.

 

 

Futurologist

TimeMap July 24 to 29

 StockZodiac

Reservoir of Wisdom

 

Last week Nifty almost came close to cross magic 20000 level, and everyone was getting nervous and eager to see it on screen, but it did not happen. After 4 days of positive close on Friday gap down opening gave first signal that short term reversal would begin, and day fall confirmed it. We are expecting markets to give further corrective movement after bouts of rise and fall, as at small declines retail participation will increase and they will keep adding on every small dip.

 

Technical – Short term indicator, and medium-term level, Nifty has reached a profit booking and even exposure reduction level. It has not given any signal of short selling as of now, the risk reward to hold long position is not at all favourable, so obviously it is logical to trim the positions. SELL trigger on short term will trigger at 19300 and it may take a 5 to 8 trading days, after sell trigger there would be one strong bounce, and only then position shorts will trigger. It takes time for a proper trade set up to get developed on charts, and enough time needs to be given before trade is entered in to. On the upside 20100 is major target for the longs, and it is still in force.

 

TimeMap – Broadly positive – SUN position in Nakshatra Pushya is best for investing or creating a long-term portfolio, with view of 4 to 10 years. Week ahead seem positive, so while Monday we may see negative next 3 days there would be much more positive movement. Venus 0 Mercury is showing little more negative bias towards PSU sector and especially the banks. Mercury 120 Rahu is showing positive movement Pharma sector will see positive flows.

 

July 24, 2023: Monday: Positive day

Opening could be negative, but by the end of the most likely markets would give a positive close. Negative opening is a sign that bulls are confident and will come in the markets. Bullish trade recommended. BTST is highly recommended.

July 25, 2023: Tuesday: Volatile

Higher opening and pocket of small rise are expected. High beta counters, especially private banks will do extremely well, big volatility is expected. BTST on Oil N GAS companies recommended.

July 26, 2023: Wednesday: Very Auspicious day

While sentiment in the markets would be positive, we recommend reducing and even look for small 3 to 5 days of short position in select counters. In case Sell signal gets triggered today execute tomorrow.

July 27, 2023: Thursday: Bad Day

In case Markets open in positive trade, look for a short sell trades and carry till next week Tuesday, do expect volatility in the opening session and many stocks would trigger buy signals, delayed participation in long would save many. STBT is recommended square up before 13.00 hours tomorrow.

July 28, 2023: Friday: Good day

Lower opening would confirm price correction ahead. BTST towards end of the day recommended.

 

Futurologist

TimeMap July 10 to July 15

 StockZodiac

Reservoir of Wisdom

 

Market sentiment is very positive, and now it is entering a euphoric state. Retail investors' confidence is at an all-time high, margin funding is at an all-time high, market breadth has significantly improved, and small-cap and mid-caps have just entered a monthly bullish phase. High volatility would give excellent investment opportunities in the coming months and years. As an investor looking for opportunity is the right way, and reducing exposure when price movement becomes wide, and aggressively when prices & volatility in a stocks is compressed.

The automobile sector has picked up strong momentum, followed by turnaround signals in the technology space. PSU companies looking better with high dividend yields look wonderful substitutes for gold.

Technical - Last week after 4 days of the positive move, Friday gave a negative close below the previous 3 days' close, there is a visibly clear small reversal pattern formed on the daily charts, though it is yet to give confirmation of the reversal observation. For the past 1 year, we were saying whenever markets fall or give panic sell movement keep increasing equity allocation.

Remember in a bullish trend there would be more corrective falls, and weak restless traders who keep losing money - which is 97% of traders who keep booking losses are feeding those who are holding longs. When you are seeing a chart of Nifty – do not look at any other chart, the Nifty chart will give you all the info available or potential threats keep getting discounted.

If the exit signal from the nifty spot is breached at 18630, one can cut their exposure to companies that have entered new high territory by 30%. The ideal shorts would be those equities that, during the advance of the Nifty 18050 to June 19 18880, have not risen 50% from the low of May 19 to their prior high. 

TimeMap – July has been a favourable month for the Bulls. Historically, it has given strong rallies and turnaround stories have best got triggered during this season or months. The TimeMap of the current week is very positive, and Index heavy Reliance, HDFC bank, and banking sector stocks are coming very positive. There is no Major planet aspect to mention about. On a weekly view broadly first 2 days of the week are auspicious to invest and rest 3 days are best for selling or booking profits. Monday in case panic selling is seen in a few stocks, one of them would turn out as the most wonderful reversal trade. July 10, 2023: Monday: Auspicious day

To invest in technology & Media sector stocks, retail stocks. Intraday traders can sell and Buy – while position trader should wait for panic and only then buy. STBT is recommended.

July 11, 2023: Tuesday: Auspicious day

Tithi Navami is best to look for sell on rise, or look for hourly reversal, and get aggressively once the downward move begins. BTST is highly recommended.

July 12, 2023: Wednesday: Bullish day

Tithi and Nakshatra giving bullish indication, day traders buy and sell strategy recommended. Profit booking is indicated.

July 13, 2023: Thursday: Selling short recommended.

Divergence indicator would give best results, and short sell recommended.

July 14, 2023: Friday: Sell Day

Bullish close is expected. Buying Index heavy stocks recommended.

 

Futurologist