Saturday, October 28, 2023

TimeMap of October 30th to November 3

 StockZodiac

Reservoir of Wisdom

 

 

In last week's market write-up, we mentioned that a steep fall would begin anytime, and the steep fall took most stock prices to 3 months lows. The Sentiment in the market turned from cautious to pessimistic & the swing traders incurred huge MTM. Investors who booked profits in small and midcap stocks & indexes would be considered competent and intelligent; those who missed will regret it, and those who remained just observers would consider themselves lucky. 

The Nifty declined by 495 points, while the midcap index corrected proportionally; the small-cap index had less fall and showed much strength. We expected markets to drop below 19000 and test 18750 or 18600, and the steep fall did not surprise us. 

 

Technical - The steep fall is followed by a corrective rally, and, especially on the last day of the week, next week's monthly closing would be another reason markets would remain stable. The short-term 12-month charts have shown a negative trend, week charts are selectively negative, and still, most individual stocks are in the positive direction. The steep fall in stock prices has opened a probability of 18200 and 17900 before November 10th; as of now, the confirmed target remains 18600. On the upside, the index above 19700 would be the first sign of strength. We are bullish on the Indian markets; even at 17500, the Nifty monthly trend remains bullish, and investors can continue investing with long-term vision in the frontline indices. We are entering a secular bull run, which makes broader market investment a more attractive and stable approach to investment. Concentrated portfolios carry too much personal dependency and go down significantly. The 19350 to 19700 would be a challenging zone, and significant selling would come from the trapped, leveraged, and speculative positions. 

 

ZodiacAnalyst TimeMap - Historical records prove investor sentiment is often brutally hit in October; as per Indian astrology, the SUN in sign Libra is debilitated(weak). Especially in Nakshatra Swati, ruled by Rahu, SUN is at its lowest strength. Rahu or Ketu are not planets; As per the Vedic system, they are energy points in space where the path of the Sun & Moon intersects. Rahu & Ketu boost speculative tendencies and rule the derivative markets. 

It has been observed that in January, May & October, human emotions swing like a pendulum at extreme ends. In stock markets, investors & the other participants display powerful emotions, are over-excited and aggressive, tend to panic and overreact to minor issues. The Market sentiment shifts from optimism to pessimism and vice versa.

 

The influence of Nakshatra Chitra & Swati can be observed from October 10th to November 7th every year. Extreme emotional outbursts give the spike and reversal pattern on the technical charts. October is the worst for options traders, especially since indices take sudden directional moves. A few reasons we noticed are half-yearly results, contrarian corporate commentary, and external factors like regional & political unrest or natural calamities. Globally, October has been a bad month for the equity markets. 

 

As per our observation, it is one of the Auspicious Months to invest, with a timeline of 8 months to 4 years. A spike in volatility is a vital indicator of the month. It is a known fact that investment in October gives an excellent 10 to 15 quick returns within a year. The Phase from October 23rd to November 6th is under the influence of Nakshatra Swati, also known as the Star of Independence. Excellent communication & negotiation skills help to resolve conflicts. Finest business Acumen & decisions, visionary investors are most active under the influence of Swati. As per our research, it is the best time of the year for long-term investments, SIP, Pension investments, and initiating business ideas.  

 

Like Google Maps, which uses 70 to 80% of past and the rest of the present data, ZodiacAnalyst TimeMap uses past Astronomical data and current technical conditions to extrapolate probable market movements. We recommend understanding & getting used to different methods, paper test trades and then doing some actual trade tests. 

The purpose of the TimeMap is to reduce post-trade anxiety. Most logical decision & transaction goes haywire because traders cannot handle the stress of executed trade. Systematic trades do not consider TIME as a factor of influence, and that's the reason backtested Systems do not deliver similar results.  

We are moving forward to our weekly daily ZodiacAnalyst TimeMap. Stand-alone Day, Tithi, Nakshatra, Planet positions, or astronomical phenomena do not give the results; we use pair Tithi & Nakshatra, or Day & Tithi, or even Planet positions, use present technical status to filter the trade of the week or day. 

 

October 30, 2023: Monday: Tithi- K.2: Kruttika: Avoid long-term Investment.

Moon in Nakshatra Kruttika – Kruti (Action) Ka (why), before taking any action, do a quick introspective check – why am I doing this trade or transaction? In other words, slightly delay your unplanned activities. Divergence indicators give the best results under the influence of Nakshatra Kruttika.  

 

October 31, 2023: Tuesday: Tithi-K.3: Rohini: Volatile Day

Tithi of the day gives directional movement and has a more positive bias towards bullish sentiment. If markets close negative on the previous day, Tithi 3 delivers the best results. 

Moon Nakshatra is soft, and participants would prefer safer stocks and try to remain in their comfort zones. The sugar sector and home decor companies could attract speculative interest. 

The buy and Sell strategy would give better results. 

 

November 1, 2023: Wednesday: Tithi-4: Mrugga: Auspicious Day

Tithi-4 - 4 is the most deceptive of all the Tithis, and Nakshatra Mrugga is the most ferocious and fast; it is a lethal combination. Only seasoned players can read the market signals, and the majority will be surprised and find themselves on the wrong foot. Momentum breakouts give the best results; participating in a trade after signal confirmation will improve efficiency/profits. BTST recommended. 

 

November 2, 2023: Thursday: Tithi-5: Aardra: Volatile Move. 

Tithi-5 gives the best momentum. Nakshatra Aardra is known for an excess on both sides, negative or positive, and the combination effect is huge spike trades, either at the top or bottom. So, the above combination gives a hammer pattern with a long handle, a reversal. Mean reversion trades oversold and bought indicators can provide the best results. 

 

November 3, 2023: Friday: Tithi-6: Punervasu: Auspicious Investment Day. 

Tithi-6 gives more pullbacks or corrective movement in the markets. The meaning of Nakshatra Punervasu is revival, reinstatement, or, in market language, turnaround stories. Large-cap stocks would see heavy activity and cannot rule out massive volumes in the market. 

Big institutional investors would be very active, stake sale or takeover, big merger news should not surprise. SUN 180 JUPITER, a significant index signal, would get triggered today. 

 

Futurologist 

StockZodiac

Reservoir of Wisdom

 

 

In last week's market write-up, we mentioned that a steep fall would begin anytime, and the steep fall took most stock prices to 3 months lows. The Sentiment in the market turned from cautious to pessimistic & the swing traders incurred huge MTM. Investors who booked profits in small and midcap stocks & indexes would be considered competent and intelligent; those who missed will regret it, and those who remained just observers would consider themselves lucky. 

The Nifty declined by 495 points, while the midcap index corrected proportionally; the small-cap index had less fall and showed much strength. We expected markets to drop below 19000 and test 18750 or 18600, and the steep fall did not surprise us. 

 

Technical - The steep fall is followed by a corrective rally, and, especially on the last day of the week, next week's monthly closing would be another reason markets would remain stable. The short-term 12-month charts have shown a negative trend, week charts are selectively negative, and still, most individual stocks are in the positive direction. The steep fall in stock prices has opened a probability of 18200 and 17900 before November 10th; as of now, the confirmed target remains 18600. On the upside, the index above 19700 would be the first sign of strength. We are bullish on the Indian markets; even at 17500, the Nifty monthly trend remains bullish, and investors can continue investing with long-term vision in the frontline indices. We are entering a secular bull run, which makes broader market investment a more attractive and stable approach to investment. Concentrated portfolios carry too much personal dependency and go down significantly. The 19350 to 19700 would be a challenging zone, and significant selling would come from the trapped, leveraged, and speculative positions. 

 

ZodiacAnalyst TimeMap - Historical records prove investor sentiment is often brutally hit in October; as per Indian astrology, the SUN in sign Libra is debilitated(weak). Especially in Nakshatra Swati, ruled by Rahu, SUN is at its lowest strength. Rahu or Ketu are not planets; As per the Vedic system, they are energy points in space where the path of the Sun & Moon intersects. Rahu & Ketu boost speculative tendencies and rule the derivative markets. 

It has been observed that in January, May & October, human emotions swing like a pendulum at extreme ends. In stock markets, investors & the other participants display powerful emotions, are over-excited and aggressive, tend to panic and overreact to minor issues. The Market sentiment shifts from optimism to pessimism and vice versa.

 

The influence of Nakshatra Chitra & Swati can be observed from October 10th to November 7th every year. Extreme emotional outbursts give the spike and reversal pattern on the technical charts. October is the worst for options traders, especially since indices take sudden directional moves. A few reasons we noticed are half-yearly results, contrarian corporate commentary, and external factors like regional & political unrest or natural calamities. Globally, October has been a bad month for the equity markets. 

 

As per our observation, it is one of the Auspicious Months to invest, with a timeline of 8 months to 4 years. A spike in volatility is a vital indicator of the month. It is a known fact that investment in October gives an excellent 10 to 15 quick returns within a year. The Phase from October 23rd to November 6th is under the influence of Nakshatra Swati, also known as the Star of Independence. Excellent communication & negotiation skills help to resolve conflicts. Finest business Acumen & decisions, visionary investors are most active under the influence of Swati. As per our research, it is the best time of the year for long-term investments, SIP, Pension investments and initiating business ideas.  

 Like Google Maps, which uses 70 to 80% of past and the rest of the

present data, ZodiacAnalyst TimeMap uses past Astronomical data and current technical conditions to extrapolate probable market movements. We recommend understanding & getting used to different methods, paper test trades and then doing some actual trade tests. 

The purpose of the TimeMap is to reduce post-trade anxiety. Most logical decision & transaction goes haywire because traders cannot handle the stress of executed trade. Systematic trades do not consider TIME as a factor of influence, and that's the reason backtested Systems do not deliver similar results.  

We are moving forward to our weekly daily ZodiacAnalyst TimeMap. Stand-alone Day, Tithi, Nakshatra, Planet positions, or astronomical phenomena do not give the results; we use pair Tithi & Nakshatra, or Day & Tithi, or even Planet positions, use present technical status to filter the trade of the week or day. 

 October 30, 2023: Monday: Tithi- K.2: Kruttika: Avoid long-term

Investment.

Moon in Nakshatra Kruttika – Kruti (Action) Ka (why), before taking any action, do a quick introspective check – why am I doing this trade or transaction? In other words, slightly delay your unplanned activities. Divergence indicators give the best results under the influence of Nakshatra Kruttika.  

 

October 31, 2023: Tuesday: Tithi-K.3: Rohini: Volatile Day

Tithi of the day gives directional movement and has a more positive bias towards bullish sentiment. If markets close negative on the previous day, Tithi 3 delivers the best results. 

Moon Nakshatra is soft, and participants would prefer safer stocks and try to remain in their comfort zones. The sugar sector and home decor companies could attract speculative interest. 

The buy and Sell strategy would give better results. 

 

November 1, 2023: Wednesday: Tithi-4: Mrugga: Auspicious Day

Tithi-4 - 4 is the most deceptive of all the Tithis, and Nakshatra Mrugga is the most ferocious and fast; it is a lethal combination. Only seasoned players can read the market signals, and the majority will be surprised and find themselves on the wrong foot. Momentum breakouts give the best results; participating in a trade after signal confirmation will improve efficiency/profits. BTST recommended. 

 November 2, 2023: Thursday: Tithi-5: Aardra: Volatile Move. 

Tithi-5 gives the best momentum. Nakshatra Aardra is known for an excess on both sides, negative or positive, and the combination effect is huge spike trades, either at the top or bottom. So, the above combination gives a hammer pattern with a long handle, a reversal. Mean reversion trades oversold and bought indicators can provide the best results. 

 

November 3, 2023: Friday: Tithi-6: Punervasu: Auspicious Investment Day. 

Tithi-6 gives more pullbacks or corrective movement in the markets. The meaning of Nakshatra Punervasu is revival, reinstatement, or, in market language, turnaround stories. Large-cap stocks would see heavy activity and cannot rule out massive volumes in the market. 

Big institutional investors would be very active, stake sale or takeover, big merger news should not surprise. SUN 180 JUPITER, a significant index signal, would get triggered today. 

 

Futurologist 

Sunday, October 22, 2023

TimeMap of October 23 to 27th

 StockZodiac

Reservoir of Wisdom

 

As expected, markets declined and gave a negative weekly closing. We have been expecting a corrective move and have given the target of 18600 by November 2nd. The behaviour pattern developed on Nifty and many index stock charts hints that downward corrective movement would continue, and a probability of a steep fall cannot be ruled out at any moment. Market breadth has turned negative, and broad markets saw an aggressive profit booking. and as per data, most analysts are worried that the promotor's stake sale has crossed record levels and is way above the average. Technology also joined the correction movement, and now banks look very attractive at the current levels.  

Technical - Markets have shown evident weakness. The market breadth clearly showed profit booking and counters not holding at a higher level due to a lack of follow-up buying; slow and steady pressure has finally given clarity and the confirmation of a further price correction in the coming few days. The Nifty trading zone of 19750 & 20250 has become a strong supply zone, and if the supply gets absorbed, markets will find it easier to cross and hold. If markets break the 19200 in the current week, we will see even 18200 before 6th November.

In any case, 18750 to 18600 is confirmed. 

TimeMap – Chitra influence has thrown light on clarity; reducing the painful positions is the best option. under the influence of SWATI, the reaction or impact of external factors is enormous, and masses turn either bearish or bullish; the broad response is excessively in either direction. Good aspects during the week will give directional movement, good does not mean markets will be buoyant, It implies an energy explosion and a lot of participation from all sides in the market. So, suddenly, there would be aggressive participation from the institutions, retail, and large hedge funds. We would be looking for a panic sale as an investment opportunity.

 October 23, 2023: Monday:  Auspicious Day

Flat to positive opening of the markets is the market indication. The first half would be bullish, half-selling pressure will increase, and a sudden price drop cannot be ruled out. We recommend profit booking & also look for short-sell positions. STBT is recommended.

October 25, 2023: Wednesday: Positive after 13.30, Contrarian approach

A down opening would be very positive, and in the first half, sentiment in the market would be bearish, and many stocks will trigger a sell signal in the first 2 hours of trading. Instead of getting influenced by the zigzag signals, we suggest participating in trading after 13.30 hours, and contrarian positions will give you an edge. Buying is recommended in index-based banking stocks and in automobile stocks. STBT is recommended.

October 26, 2023: Thursday: Volatile

Moon position favours short sellers, and most intraday players will be caught on the wrong foot. A positive or higher opening should be used as an exit and look for sell trades; the Sell and Buy strategy will reward big. Divergence indicator will give the best results.

October 27, 2023: Friday: Bad Day

External new factors would trigger a panic sell in the markets; day traders be with the trend and do not rush to cover shorts, allow the markets to settle, and continue to ride sell trades. STBT in high beta and stocks with a clear sell signal on Monthly should be sold. 

 

Futurologist  

 

Sunday, October 15, 2023

 StockZodiac

Reservoir of Wisdom

 

After the corrective decline of the 3 weeks, in the last week markets gave a positive weekly closing. We were not surprised by the positive close, but confidence got a big jolt in the 3 weeks. Interestingly, many different sectors are coming in limelight and after 2 or 3 days, a different sector is hogging the limelight. Improving market breadth is a very positive sign and it means secular bull run is building up, and slightly spread portfolio can give good results.

 

Technically the corrective phase on short term is over and ideally further rise is expected, the short term is less than 13 to 85 days. The level of 19300 is crucial for the swing traders, and ideally we expect volatility should breach the recent low of the markets that is 19223 and on the upside selling pressure would mount around 18905 levels, there is a gap around 18 & 20th September it could act as strong resistance line of the bears, who could become extremely aggressive in selling to defend it as it is their last defence. Below the 19300 even the momentum or strength of the bulls will slight get weakened, and probability goes up very high for the markets to correct further by 600 points. And breaking of 19200 will confirm 17700 on screen within 8 months. Our observation is markets need little more consolidation around 17000 to 18400 zone and it could make it much strong to hold weight of the rising capitalisation of the markets. Growing markets need more consolidation or otherwise it takes decades get adjusted the way we saw in Japan or China and in many other countries.

 

TimeMap as SUN is Nakshatra Chitra, we are going to see lot of action the gap of 10th got filled, and now it would be more interesting to see last week high getting crossed. From 23rd Sun will enter Nakshatra Swati, which is best period to start new investment ideas, to be held as long-term investments, new business proposals and plans. Planet aspects are slightly in Favor of the bears, and we believe that there could be a sell off during the 23rd to 6th November, zone which may breach the 19300 level, and instead of getting in panic mode, be specific with the new investment and add.

We recommend having less leveraged positions and holding about cash of 15% to 20% would give enough opportunity to reshuffle the portfolio. Lag or being slightly behind the markets would be best style in the next 30 days. 

 

October 16th, 2023: Monday: Positive for investments

Flat to positive opening is good for the markets and investing in value stocks, or safe bets is recommended. Avoid aggressive positions, traders can continue to participate in natural resources, and momentum stocks. Buy and sell recommended. STBT is recommended.

 

October 17th, 2023: Tuesday Bad day

Negative opening is a very bright chance and sell and buy would be better for the traders. STBT recommended. Banks might give contrarian trade today, and many sell signals on the short term might turn positive. Watch the chemical space for the turnaround stories.

 

October 18, 2023: Wednesday: Volatile

Tithi 4th is bearish and confusing, trapping confident traders or confirmed levels is the speciality of the Tithi, so extra caution and slightly spread portfolio is recommend, or keep size of the trades small and once bet moves in positive only then increase weight. USE momentum indicators and participate in BTST & STBT basket carry long and short positions.

 

October 19, 2023: Thursday: Momentum Day

Nakshatra Favor’s big activity in the large cap and sector leader’s space. Metal sector hogs the limelight, and it would give best trading opportunity, short or long use momentum indicators. BTST in Cement and Automobile is highly recommended.

BEST day of the week to make highest profits of the week.

 

October 20th, 2023: Friday: Bullish day

Bullish sentiment would prevail in the markets. One of the days when nifty does not affect the market sentiments, the sentiment remains positive irrespective of negative or positive move. It is like a happy day and positive vibe day. Automobile ancillary units, and Sugar stocks would be in limelight.

 

  

Futurologist

 

 

 

 

 

 

 

 

Saturday, October 07, 2023

TimeMap of the upcoming week, October 9th to 15th.

 StockZodiac

Reservoir of Wisdom

 

As expected last week, we have been bearish on the markets from a short-term perspective with a downside target of 18600. The market sentiment remained bearish for two days of the week and saw a pullback from the oversold positions. During the week, market breadth improved, technology recovered, and banks declined further. Stock-specific action is happening. On a big decline day, we noticed many stocks were going up or trading in positive territory, while on a joyous day, some stocks got punished; the conclusion is that Indian markets are maturing. 

 

Regarding the markets, Wednesday's intraday spike bottom candle signalled an excellent chance of a bounce back, which happened in the last two trading days. As mentioned earlier, a lot of funds are waiting on the sideline to get invested, and after seeing 20200, it is obvious psychologically that at 19200, investors would give the buy orders. As per the time cycle, the Sell-off after a slight bounce will breach the low formed on Wednesday, and there is an excellent chance we will see 18600 before the end of the month. The trapped positions are around 19850 levels, which would come for the exits. Markets will decline further and could consolidate below 19000. 

TimeMap of the week, October 13th, Mars 120 Saturn is positive for the FMCG companies. The week will be positive for the metals, FMCG & sugar companies. The volatile week ahead is still showing positive by the end of the week. From the 10th onwards, Sun will enter Nakshatra Chitra, which will bring more market volatility, and the possibility of a breakdown or breakout on positive is highest from October 10th to October 22nd, 750 to 1100 points directional move cannot be ruled out.

October 9, 2023: Monday: Positive after Lunch

A down opening cannot be ruled out. The upbeat news for the sugar companies would attract a flow of buy orders, and the positive news for the sugar stocks would give them a trended movement in the stock prices. Cutting loss-making positions is recommended without delay. Momentum indicators would give the best trades and profits; being with the trend is the best strategy for the day. BTST in Cement & Auto

 

October 10, 2023: Tuesday: Bullish Day

The sentiment in the markets would be positive. We are expecting a higher opening of Nifty today. Cement and Automobile companies would hog the limelight. Overall, the market should give a positive close as per the timemap.

October 11, 2023: Wednesday: Bearish day.

Gap opening would be the theme of the day. Many traders will find themselves on the wrong foot or the wrong side of the markets. The first 2 hours would be crucial for the position holders; those who understand gap trading will make big profits today. We suggest STBT today.

October 12, 2023: Thursday: Bad day

It would be the most challenging day of the week for the traders. Divergence signals will give the best trades; delayed participation after a proper confirmation will pay off well. An adverse close & bad market sentiment would not surprise us.

October 13, 2023: Friday: Bad Day.

The combination of Tithi & Nakshatra is formidable; only some can remain calm and make appropriate decisions. A contrarian approach gives the best results today. 

 

 

Futurologist

 

 

 

 

 

 

 

Monday, October 02, 2023

TimeMap of October 3 to 7

StockZodiac

Reservoir of Wisdom

 

In the last week or rather in the last 5 or 6 trading sessions sentiment turned slightly negative, and Thursday a confident expectation of positive close turned bad, and markets gave big negative close, that damaged many stock charts and sentiment in the market as well. The sell off in the technology on Thursday, is indicating slightly bad numbers from tech space cannot be ruled out. Canada – India is going to hurt students and aspiring migrants in a big way, probably Canadian Sikhs may or probably start hating other migrant Indians.

 

Technical – Last day of the week September 29th the rise happened due to NAV and performance balancing. On the short-term charts markets are showing strong hands are accumulating and fund managers are likely to spread their portfolio and informed & hard-core business minds would start concentrating their portfolio. Another technical is companies not good with the government could witness demand notices, breaking them badly, so be careful.

As mentioned, weekly charts are suggesting profit booking, and corrective mode could continue for some more time, short term 45 days’ time cycle is showing Bulls are trying their best to hold the current levels. Though risk reward is in favour of the bears. We believe it is better to remain on cash or have a buffer of 10 to 25% cash, as possibly markets could give a nice fall as per weekly charts, 18600 is already confirmed. Traders can keep doing 3 to 13 days swing trades but keeping it in mind that weekly is showing correction up to 18600 is must to make the markets better. Last week high low would act as trend setting point for the markets, failure would give fabulous results.

 

TimeMap – Next week Sun in Nakshatra Hasta, and most important quality that will decide the winner is patience, those who show patience in the next 10 days would have edge over others. Being on cash is going to be the game changer in the next 45 days, as the best opportunities are born from October 15th to November 7th. From a pure weekly perspective, it looks we are heading for a small rise in the coming week. Sentiment in the market is likely to be very positive and optimistic, a nice typical rise from the low is expected. Mercury 120 Pluto means PSU and very large equity base companies and Steel sector & mining stocks would give surprise movement in the markets.

Broadly markets would be positive and end up above last Friday close.

October 3, 2023: Tuesday: Bad Day

Nakshatra of the Moon gives best results on contrarian trades, and divergence indicators are the best to trade, use momentum stocks or high beta stocks, big money can be made by being aggressive today. BTST recommended.

October 4, 2023: Wednesday: Bad Day

Delay participation is recommended, very deceptive and unfortune day for many. Ideally negative movement in the markets is expected after initial positive sentiment. Steel sector stocks would pick very well, PSU or defensive stock could give best results. BTST is recommended.

October 05, 2023: Thursday: Best day of the week for the bulls.

Positive opening and further rise in stock prices is expected, and most aggressive would-be power sector stocks.  Broadly Buy and Sell strategy would do extremely well. This week will mark FMCG revival, and some Pharma stocks would be best to trade for next 2 months.

October 06, 2023: Friday: Bullish Day

Higher opening and further rise cannot be ruled out, Buy and Sell would give better intraday profits. Post 11.45 aggressive participation is recommended.

 

 

Futurologist