Weekly Time Map of the September Week 4, 2021

 

 

The best part of the technical analysis is that it teaches you to be more process-driven, it also allows traders/investors to relax & enjoy their investment journey. The foremost benefit of learning or using technical analysis is it reduces anxiety by more than 70%.

In the previous week, Nifty made a nice pointed top reversal pattern and very next days bounced off, which is again a normal behavior, the Nifty move on Thursday or Tithi-3 was dramatic, and it gave clarity that panic is setting in the bearish camp. On the daily chart, Nifty is above 322, which has traditionally given a nice reversal.

As we have asked to reduce leveraged exposure and also partial profit booking is highly recommended. On the daily charts, we have now a very close CB and that is 17260.

Investors can hold 17260 as an exit point for 25 to 40% of their investment, it has been observed a 322 level would need consolidation of 4 to 7 months for the further rise, the consolidation zone gives enough room for re-investment.

One more positive spike on the charts indicated as per the @TIMEmap.

Positive stocks – Bharti, Reliance, Torrant Power, Kotak Bank, Grasim, and TCS.

Negative – ITC, SBIN, ICICI, FORTIS, BAJAJ FINSERVE.

 

September 27, 2021: Monday: K.6: Rohini: Good Day

Higher opening most probably would be followed by corrective price decline all through the day. Tithi triggers corrective movements, and reversal trades, the nakshatra of the moon is soft by nature, because of which participants are more cautious, and act conservatively. Sun in Hasta, overall brings corrective movement in the markets.

Investors should choose or wait for prices to dip or drop, completely avoid chasing price. The Nakshatra hasta big-time rewards ‘Patience’. A Negative close is expected.

 

September 28, 2021: Tuesday: K.7: Mrugga: Volatile Day.

A flat or negative opening of indices is expected. Sentiment in the markets would be very confusing, most participants would be hesitant to participate in the markets. Volatility would be slightly higher, while volumes would be on the lower side, as said above hesitancy would be seen in the retail behavior. The communication sector along with the Defense-related stocks would give a sweet positive surprise, on the other hand, technology and cement stocks would witness selling pressure from the retail and funds.  

Aggression would reward big time, high beta stocks should be traded. STBT is highly recommended, use the combination of pattern failure & momentum indicators.

 

September 29, 2021: Wednesday: K.8: Ardra: Big movement Day

Gap down opening and zigzag movement would hurt most of the day traders, wide volatility would trigger the stop losses and keep pushing traders out of the markets.  Tithi is considered best to participate in the markets with the contrarian ideas trade/investment ideas. Nakshatra is best for the breakout indicators, and the best is ‘V’ shape recovery or uptrend reversal get formed, under the influence of Tithi 8 & Nakshatra Ardra. Sun 120 Saturn is good aspects, and best for the momentum indicators, momentum on either side. Venus 120 Neptune, indicates MEDIA, FMCG and lastly hospitality business Big Names would attract big investment flows.

Indian Hotels can give a big surprise.

 

September 30, 2021: Thursday: K.9: Punervasu: Auspicious Day

Tithi Navami needs no introduction, it is the best Tithi for the Sell first & buy later trades, success rate, and risk-reward is very positive. Traders and investors need to understand that it is 1 day but exactly the opposite action based on the time cycle map, for the short term or rather intraday or 72 hours traders it is SELL first and long term investor it is a BUY first day.

Nakshatra Punervasu is best for the turnaround stories, and currently, few good quality turnaround stories are there that could take some extra time but can reward very handsomely. Best day of the week to look for a 2-year investment horizon.

 

October 1, 2021: Friday: K.10: Pushya: Good till 11

A higher opening of the indices is expected, sentiment in the would be very positive. Tithi 10, triggers the mind of the matured investors, or deep-pocket investors, who get active in the market, long term sticky money flows. Nakshatra Pushya again needs no introduction it is considered best for long-term investment, metal sector would be very active today, volatility would be in a small range. Select stocks would witness big volumes and might trigger all the volume indicators. Another sector that would be active or witness profit booking and churning of the portfolio would be PHARMA.

The view is positive for the day, after all the volatility markets ideally should give a positive close.

 

  

Thank you

Futurologist

#Pattern Charts Low risk high rewards. 

The Notion for high rewards one has to take high risk, is very much true. 

There are pattern methods by which Risk Reward ratio can be altered, and for that normally traders would alter or change the stop loss, while a successful wealthy INVESTOR or speculator would change the entry point. 

The entry point has got nothing to do with first in or oversold reversal, momentum breakout, 

it is more about conviction and foresight.   

 

Weekly September 20 to 25th, 2021;

 

StockZodiac              

Reservoir of Wisdom

 

As mentioned in last week's write-up, Nifty touched 17800 and gave a negative close, gap down, and close below 17510, which will form a trend reversal pattern. The first target of the corrective wave would be 16900, and 16740. From Timecycle before October 14^th, we should see 16840 on. Markets are entering a very high-risk zone, ideally, a big fall or correction cannot be ruled out in the next 25 days. while Buy trades do keep sufficient margins. Weekly perspective bias is cautious, negative selling on the rise, and reducing leveraged exposure is highly recommended.

 

SUN- Virgo 153° and Moon Aquarius 325° Forecast 4 Days ahead past data.

Positive stocks of the week, COAL, Maruti, ICICIGI, HDFC, PIDILITE, and ABFRL.

Sell stocks- ADANI, TATA STEEL, ASIAN PAINTS<, TORRANT POWER, and CENTURY.

 

September 20, 2021: Monday: Pournima: P. Bhadrapada: Bearish.

Global Sentiment is slightly negative, GST hike would hurt infrastructure projects, and China corporate Bankruptcy would trigger cascading effects. Pharma would witness big volumes and portfolio churning. Institutional investors would be liquidating investment portfolios and would not be surprised to see 150 points negative close today.

Jupiter 120 Mercury is indicating big selling by the institutions. STBT is highly recommended, avoid look for more sell trades, momentum indicators for a big gap down.

 

September 21, 2021: Tuesday: K.1: U.Bhadrapada: Normal volatile day.

A negative opening should be considered a warning sign, our view is slightly biased by the TimeMap a sell-off cannot be ruled out today. Mercury 120 Pluto is wealth destructive aspect, and it indicates loss of lives n livestock, a natural calamity cannot be ruled out, the PSU sector and Insurance companies would witness a lot of activity. Nakshatra of the moon gives the best momentum breakdown signals and short sell trades. Technology – midcap and small-cap stocks would see significant selling pressure. Selective mean reversion trades for BTST are recommended.

 

September 22, 2021: Wednesday: K.2: Revati: Volatile Day

Tithi gives corrective movement, and the Nakshatra of the moon is most sensitive, and normal humans tend to overreact even to small events or news. defensive strategies are adopted by the deep-pocket investors, mean reversion systems can give multiple profitable jobbing trades.  Intraday panic selling is an opportunity to take buy positions and cover short sell trades as well. A strong pullback from the lows of the day is a very high probability. Metal stocks especially Aluminium and Copper would see a big price hike. Oil marketing companies could give big announcements. BTST is highly recommended, avoid Technology long positions.

 

September 23, 2021: Thursday: K.3: Ashwini: A bullish Day

Higher opening and quick rise would attract selling pressure from the trapped bulls, which might once again dampen the market sentiment, a volatile session is expected before lunch session, and post-lunch more directional or trended move is expected. Tithi gives wide directional move, holding a profitable position is highly recommended. Weekly options positive move is expected, bulls will be nicely rewarded. BTST and continuation of the earlier positive positions are highly recommended.

Venus 180 Uranus is a negative aspect and a big name would attract huge selling.

 

September 24, 2021: Friday: K.4: Bharni: Bullish Profit booking day.

Positive opening and further rise is the first expected movement. Tithi is deceptive, technical signals would give a lot of false breakout signals, and the best policy is to avoid new trades, or swing trades today, being out of the market would be more helpful.

the best strategy would be to look for the pattern failure, method or after 2^nd confirmation the stocks is triggering stop is the best trade.

Real estate and Textile stocks would attract positive flows, and most important would be communication sector would attract big positive flows.

 

Thank you

Futurologist

Weekly September 13 to 17, 2021

 

Would it be a big surprise if we see 17900 the answer is NO, and would it be a shock to see nifty at 15300, again NO. Would it be surprising if both above levels get traded in the next 88 Days, again the answer is NO.

Trail stop for the Nifty on the daily chart is at 16200, weekly chart it is 15390 and on the monthly chart, it is 13650.

Positive stocks of the week – JSPL, MARUTI, HDFCBK, REC, ICICIBK, and DLF.

Sell stocks- Manappuram, Tata Steel, Supreme Ind, Reliance, Godrej Agrovet, and SBI.

 

September 13, 2021: Monday: S.7: Anuradha/Jyestha: Optimistic Day

The global cues suggesting a negative opening. After a long weekend, a negative opening is common, and it also indicates a probable reversal.

Tithi 7, masses tend to participate more in the markets, and the retail volume spikes up, the influence of Tithi is visibly clear. Nakshatra Jyestha is active or ruling during the trading time of the day, which is considered best for selling or profit booking.

Interesting note – SUN entering Nakshatra Uttara – 15.03 means – divergence indicators would dominate next 13 days.

Our broad view is – after lower or flat opening, due to retail or even selective fund buying will push markets in the positive zone, and the rise might surprise, but there is a good chance rise and fall would be very fast and deceptive. We suggest Selling or profit booking during the day. Pharma n communication stocks would be positive, select PSU stocks would hog the limelight, while – Technology, extremely valued retail stocks would attract selling pressure.

 

September 14, 2021: Tuesday: S.8: Jystha/Moola: Bullish day

A higher opening of indices is expected. The infrastructure index would be positive, and, Automobile, cement, steel, and textile-related stocks would rise from the opening levels, and some might scale new high. Market sentiment is likely to be optimistic, BUY and SELL strategy should give a better intraday result. Index heavy stocks might witness selling pressure.

Jupiter in retrograde motion re-entering Capricorn is today, it will directly impact index, and corrective movement cannot be ruled out. Ideally, September 10^th onwards next 30 days are a little high risk for the traders and also the investors.

We would recommend reducing leveraged exposure, and actually, and be hedged.

 

September 15, 2021: Wednesday: S.9-11.18/S.10: P.Shadha: Volatile Day

A big gap down would confirm further hammering in the coming few days. As we all know, 2^nd part of the Navami – has consistently delivered negative results, and today expected more prominently. Nakshatra is good for selling, today it is the auspicious day to book profits, and withdraw money from the capital markets. Momentum reversal or pointed top is the best pattern to look for sell strategies. in the second half that in the post-lunch session, the oversold reversal indicator would give the best profits.

 

September 16, 2021: Thursday: S.10-9.37/S.11: U.Shadha: Auspicious day

Very good chance of higher opening, and there would be a follow-up aggressive buying that would change the mood of the markets, ideally, we would look for reducing exposure or sell on the rise. Tithi is auspicious and bearish, while nakshatra of the moon gives big wide directional movement. Bank stocks showing positive and Technology stocks are showing a bit negative movement. The engineering and Auto Ancillary sector is also likely to witness a good amount of hammering. Weekly options – the expectation is falt close after intraday volatility markets would close around previous levels.

STBT is highly recommended.

 

September 17, 2021: Friday: S.11 8.07/S.12: Shravan: Investment Day

Tithi is very good to initiate new trading positions. Proactive, action reward nicely. Generally, traders tend to respond to a particular signal, pattern, or combination of signals. Tithi 12, influence is best to take proactive actions, decide or plan trades and execute, is the simple mantra.  Nakshatra of the moon Shravan is listening to your voice, and also Mr.Market, finest Khabri calls get generated, under the influence of Nakshatra Shravan. so from a trading perspective khabri is the best source.

Our view is slightly negative, overall Monday to Friday expectation is lower or negative close.  Day traders look for Sell and Buy strategies.

 

TimeMap of Week Ahead from September 7 to 10th.

 

StockZodiac              

Reservoir of Wisdom

 

TimeMap of the week is positive, with no negative planet aspects making it still a buyers market. Solar Date influence would be from 8^th September to 13^th, so ideally would take ref of High Low of this 3 working days.

September 07, 2021: Tuesday: S.1: Purva: Positive Day to book profits.

Tithi is generally positive, and triggers more positive, hopeful vies. Nakshatra is considered bullish, and good to book profits, most people focus on the right entry or exit, but timing is equally important, today booked profits will give more joy and bring value in personal positions. So Auspicious day to book profits means, not negative or bad, but the money earned would add benefit value on personal life. Index heavy counters would attract healthy volumes due to profit booking. The Data shows – Reduce IT and Increase Financials, including Insurance companies. PSU companies – some major announcements can be expected. SUN 120 URANUS – is a very positive aspect for the power-related companies, and Reliance is surely a power in India.

Buy – BPCL, POWERGRID, REC, BHEL, and SBIN

September 08, 2021: Wednesday: S.2: Uttara: Volatile Day

Tithi is good and it gives nice reversals, also Moon Nakshatra Uttara is good for big wide movements. The best indicator to use today is divergence indicators, Uttra gives the best results with divergence indicator. Lakshmi Yog, Moon 0 Mars, we always say this for those who have strong moon or mars in their horoscope, should surely aggressively participate in the markets, and for those who have Lakshmi yog in the horoscope should be even more aggressive today. Real estate stocks would do even better today. Buying opportunities in the select banking space and NBFC is highly recommended.

BTST is highly recommended, or technically speaking long-short basket with high momentum breakout signal would give the best results tomorrow.

BUY- INDUS BK, ICICIGI, ONGC, CIPLA, and ICICI

September 9, 2021: Thursday: S.3: Hasta: Auspicious Day

flat to the negative opening would be the best opening for the day. Tithi gives wide movement and gives the best reversal – slightly bullish biased. Most screen-based traders would find themselves in conflicting positions, Tithi rewards aggression, and Nakshatra rewards patience. Long-term investors should take the opportunity to add, increase investment in fundamentally strong and technically best investment ideas.

Short-term traders – Sell signals would be better, especially corrective movements.

Broadly markets leaders should see big-ticket buying from the big institutions.

Buy – DLF, PIDILITE, ASIAN PAINTS, HDFC, and PAGE IND.

SELL- Apollo Hosp, Voltas, Dabur, SRF, SUN PHARMA, and ICIC PRU.

 

Thank you

Futurologist

#TimeMap of Weekly August 30th to September 2021

 

August 30, 2021: Monday: K.8: Rohini: Auspicious Day.

Index, Higher opening or the Gap-up opening is expected, after initial short-covering – markets will become choppy, and many counters could witness profit booking and the selling pressure from the long term investors such as insurance and pension funds. Tithi 8, actually supports trend reversal models, and Nakshatra of the Moon Rohini is slightly weak, making it a good case of a choppy trading day. All the action would be in the opening 45 minutes and post 14.55 towards the closing of the day. Multiple aspects with the moon will make decision-making very difficult, confusion would lead to overtrading and ultimately more losses. Infra companies or engineering construction companies would attract big-ticket investment, and technology, food or retail brands could attract selling.

BTST is highly recommended.  We expect markets to give a positive close, but from the intraday high perspective, the closing could be at the lows of the day.

 

August 31, 2021: Tuesday: K.9: Rohini-9.44/Mrugga: Volatile big move day.

The positive opening would be normal, after opening rising price trend in many stocks would be a normal Tithi Navami movement. Volatility would be very high, and momentum breakout stocks can be aggressively traded. Nakshatra of the moon is Mrugga, Aggression n swift action is the winning strategy of the day. A person having an execution process tends to do much better today. Anybody who is systematic, disciplined could give better than average performance. As per our observation, post 13.30, many a time sudden sell-off in few counters cannot be ruled out, as Tithi Navami has time and again given it, rather we always suggest Tithi Navami – the best strategy is Sell and Buy.

BTST is highly recommended in high beta stocks or sector leaders.

 

September 01, 2021: Wednesday: K.10: Mrugga-12.34/Aardra: Volatile Bearish Day

A gap-down opening is expected. After opening aggressive participation from the retail speculators and traders would lift the market sentiment & the indices. We believe mean reversion systems could give nice intraday day trades and profits, look for sell trades.

the best would be pattern failure, as the next 2 days are best to carry forward the position created today. Technology is one sector for the pattern failure, in the Cement sector, external news could hit the counters badly. There could be a surprise big movement in IT sector, and communication stocks. STBT is highly recommended.  

 

September 02, 2021: Thursday: k.11: Aardra 14.57/Punervasu: bottom-fishing Day

Gap up opening is a negative signal, and a negative opening is a confirmation that markets are likely to top out very soon. Tithi 11, has time and again given negative influence in the markets, and Nakshatra triggers the momentum in the existing sentiment, we are expecting a big directional down move in many stocks, and we suggest giving more weight to sell trades to make trading profits. Nakshatra Ardra has the aggression and the strength to break or cross – multiple support zone or resistance top, generally, quite Nakshatra can release a force that can destabilize most well-protected speculative positions. Options trading is the best strategy for the day, and strictly follow momentum breakout with strict stop.

 

September 03, 2021: Friday: K.12: Punervasu: Bullish Day

Bank and Technology stocks are likely to get hammered, or rather stocks that have underperformed in the past year would get a super round of selling. Finest day of the week to initiate a perfect technical trade, a lot of money can be made.

While most indices majorly showing negative impact and closing, we believe a specific buy against 2 shorts will be the best strategy for the day and also overnight carry forward of positions. The Nakshatra Punervasu indicates reversal, which can also be for the oversold stocks, so mean reversion can be mixed with the breakout systems.

Monday opening to Friday close would be negative, which means during the week any new high is an opportunity to reduce exposure.

TimeMap of Week ahead August 23 to August 28

 

Friday 13 was the most aggressive directional move seen on nifty in recent times. In the past week, 3days were volatile, and Friday was a gap down and selling was constant. Friday negative close is viewed as positive in an up-trending market, and higher opening would be a normal expectation, but zodiac position is supporting contrarian approach would be beneficial, the chart is suggesting weakness and further fall seems a certainty. Uptrend and momentum are gaining more strength.

The daily CB is at 15480, Weekly CB is at 14200, & the Monthly CB is at 13600.

 

Certainly, fresh buying needs extreme high conviction and sufficient buffer, and the most important is the holding period, which should be not less than 20 months.

August 23, 2021: Monday: K.1: Shatataraka: Auspicious Day

We had expected gap down opening on indices, but looking at the global sentiment, it looks like the opening would be in the positive territory. As per ‘Dow’ an up-trending negative close on Friday is a sign of strength, and the probability of a positive opening on Monday is very high. The aspect mentioned below would bring selling pressure at the higher levels, and the impact would be felt tomorrow. Leveraged speculative positions of long or short can be created, speculative means well planned.

Venus 120 Saturn – 72% negative – importance 66% and the efficiency is 49% will be a strong aspect, and the impact would be high.

Buy – Hindalco, Coal India, State Bank, Whirlpool, Tata steel, Voltas, and Lupin.

Sell – Apollo Hosp, Federal Bank, Amar Raja Bank, TechM,  Eicher Mot, and TechM.

August 24, 2021: Tuesday: K.2: P. Bhadrapada: Good to Sell

Market sentiment would be optimistic, a higher opening cannot be ruled out. The zodiac position if the day is favoring selling strategies more than normal buy and hold strategies. We recommend booking partial profit booking in equity to move money to Cash assets. No major aspects between the planets make it a neutral day, best for the traders and jobbers, Time of 9.45 is crucial, from the opening to 9.45 as per the price move in the stock, if the stock is in positive buy trade will reward, vice versa negative stocks to be sold. Banking stocks might get hammered today.

Buy- Coal India, Page Ind, Pidilite, IciciPru, and HclTech.   

Sell- Reliance, AxisBank, Adani Port, Apollo Hosp, and Maruti.

 

August 25, 2021: Wednesday: K.3: U. Bhadrapada: Wide trended move - Positive

Flat to nominal negative opening cannot be ruled out, corrected stocks available around matured accumulation. Tithi gives big movements, historical data favors bullish trades.

Nakshatra U. Bhadrapada split half, 1st part is positive, and the 2^nd part gives surprise big negative movement, the speed at which the selling gets triggers generally very few can escape, or exit. Nakshatra adds vigor to the momentum. Momentum breakout indicators can give classic results. Simple strategy stocks showing negative influence would fall fast, so do punch stops in the systems.

Neptune 180 Mercury – 54% positive Importance is 41% and the efficiency is 46%, some announcement from communication or mobile companies.

Buy – United Spirit, GodrejCP, Tata Communication, Tata Steel, JSPL, and D Nitrate

Sell – TVS Motor, Bajaj Auto, Srf, Godrej Ind, Titan, Ultratech, and Jsw Steel.

 

August 26, 2021: Thursday: K.4: Revati: Bearish Day – Negative close.

INFRA Index would be in the limelight. Electrical Industry related companies would hog the limelight, big price movement in CEMENT and METALS cannot be ruled out.

Deceptive Tithi, will give false signals and trap day traders on the wrong foot, usually, losses are much more on such a day. Nakshatra Revati – Watery sign – Lord of communication in water, means weak stocks would get hammered.

Since Tithi triggers deceptive signals, look out for 2^nd confirmations, plus additional signals, delayed participation is the best solution. BTST is recommended in Automobile, cement, and real estate stocks, and Tech & Branded stocks STBT.

Mercury 120 Pluto – 65% positive, 45% importance and the efficiency is 52%, which is strong.  

Sell – Bandhan Bk, Itc, Bharti Airtel, Century textile, Cummins, Dlf, and LalPath

Buy – Deepak Nit, Glenmark, GodrejCp, HUL, Kotak Bank, HDFC, and Asian Paints.

 

August 27, 2021: Friday: K.5: Ashwini: Bullish, Auspicious day

The opening becomes extremely crucial, ideally, gap down and then recovery is the anticipated movement. The technology sector attracts selling from the strong hands and institutions as well. Tithi extends the momentum triggered by previous Tithi, and Nakshatra Ashwini is considered best to take bullish long speculative positions.

Sun in Magha is good for the infrastructure sector, real estate sector, and finally textile.

Sell – Voltas, LT, Manappuram, Bharat forge, ICICI, Hdfc, and APL.

Buy – Maruti, GodrejCP, United Spirit, Indian Oil, Torrent Pharma, and Infy.

Fortis Healthcare - Gann #EscapeAngle cross chart - Target 650

 

The counter has entered in a major uptrend after almost 10 Years. 

The Gann Esacpe angle Breakout 2021 & 2020, got crossed in the month of April 2021 at price of 194. In the month of July in a matter of 4 months, price is at 260 which is 30%. 

The more bigger breakout of July is at 245 price levels, which is 2021, 2018 - it makes it very strong, 

on the charts and would not get surprised to see stock above 450 and 670 within 24 months from July 2021.

   Ujjivan to Fortis Health could be classic switch. 

Weekly forecast using TimeMap of the market.

 

August 16, 2021: Monday: S.8-7.46/S.9: Anuradha: Volatile Day

Indices most likely to open flat to nominal higher opening from the Friday close. The influence of the Tithi 9- or Navami in the first part has been positive and bullish sentiment has been observed. Especially select index heavy stocks would lift the sentiment, but many counters would also witness significantly higher amount of profit taking by the wise and smart investors. We have observed day trading by SELL n BUY strategy gives a better result, under the influence of Tithi 9. Moon Nakshatra in Anuradha & Sun in Ashlesha, indicates positive for Natural resource sector, OIL, Minerals and critically important PSU corporations and banks. BTST recommended.

 

 August 17, 2021: Tuesday: S.10: Jyestha: Bad Day

SUN will ingress Nakshatra Magha- which indicates stock market indices or sentiment, SUN in own house brings stability and rationality. Moon in Jyestha is good for selling and profit booking – it means intraday rising price movement is expected. Broadly speaking backtested data is very positive, which means indices should give big movement today.

Automobile & FMCG can throw some surprise and may catch many on wrong foot.

Our view is giving more weight to Buy trades or signals. Turnaround stories not financially, but more especially from management perspective.  

BUY- GLENMARK, HINDALCO, JSPL, GMR INFRA, and BAJAJ AUTO.

 

August 18, 2021: Wednesday: S.11: Moola: Auspicious day

High volatility, Tithi is auspicious and slight bearish and Nakshatra is most bullish, conflicting influence would increase volatility and indecisiveness in the trading would hurt more. We would suggest buy only stocks trading in negative but near strong accumulation zones, nicely corrected price. Contrarian sell ideas can be executed using trend reversal indicators. but primarily we would prefer more buy side trades today than the sell. Data says, CEMENT and ENGINEERING companies as best sector to invest or create trading positions.

 

August 20, 2021: Friday: S.13: U. Shadha: Short Sell Day.

Gap down opening is a huge probability, and that would be a nice opportunity buy. Volatile movement is key, so mean reversion systems can give excellent results today. Nakshatra U. Shadha influence is best to use the divergence indicators, lot of money can be made by using contrarian strategies, but not an easy to make money.

Real estate, Pharma and PSU banks look very attractive from Buy side trade, Technology and API or specialty chemicals for the sell trades. METALS looking best with 12 months view.  

Equity Futurologist

Mahesh Gowande

 

Weekly from August 09 to August 14

 

The bounce after triggering the confirmation sell signal was astonishingly strong, we were specific with our comment to reduce daily exposure, especially the leveraged part.

The weekly n Monthly uptrend continues, and even the daily chart has re-entered into upward momentum buy.

The technical charts are now full bullish, for the fresh entry risk-reward is not favorable, but on the weekly pattern buy on declines and during corrective phases is highly recommended. Avoid momentum positions using daily charts.

On the weekly charts, 15440 has become a strong confirmed bottom, and braking will indicate trend reversal on the weekly charts.

Last week a classic confirmation was given by the real estate sector, and on a day almost all the top 5 stocks were by 5 to 7% up, except Indiabulls real estate- which does not need any explanation. We are bullish on the sector, and SIP during corrective moves is highly recommended.

The month of Shravan begins and it would be a volatile month.

 

August 09, 2021: Monday: S.1: Ashlesha-9.50/Magha: Wide movement day.

Today, the 2^nd Nuclear bomb was dropped on Nagasaki, which forced Japan to surrender. Ideally, our expectation is flat for a lower opening, there could be big hammering in select few stocks, and post 11.30 am institutional buy would uplift sentiment in the markets. Position of the SUN in Ashlesha – would continue to give a big move in metals, which was seen previous week also, Cement stocks would join the bandwagon.

Venus 180 Neptune, indicates tech stocks or concept stocks could witness hammering, stocks way above intrinsic value might feel the selling pressure. The 2^nd probability is some big news from the currency and crypto markets, it is difficult to indicate direction but the move would be big.  

As a trader, momentum breakout indicators with phenomenally extraordinary volumes should be aggressively chased in the same direction. Avoid contrarian trade. Positive closing is expected, and BTST is recommended. Position trade-in select PSU banks recommended.

BUY – TATA CHEM, CUMMINS, GODREJCP, DLF, CADILLAC, and M&M.

SELL – BASF, LT, VOLTAS, HDFCBANK, MCDOWELL, and WIPRO.

 

August 10, 2021: Tuesday: S.2: Magha-9.53/Purva: Auspicious to book profits.

A higher opening can be expected, but we recommend booking profits in the bullish positions. Momentum is bullish, the undercurrent is strong, and it is the best time to book profits. As said, intraday many stocks can give huge upward rally, slow and steady keep booking profits. Ashlesha tends to give consolidation breakout, but the momentum is dangerously strong, so avoid contrarian anticipated trades. Delayed participation after the confirmation is recommended. Index heavy stocks in each category will be in the limelight. The power sector & PSU stocks would hog the limelight. Ideally, closing should be lower from the opening levels, institutional selling would put the market breadth in the negative. No buying is recommended.

SELL – HDFC, GODREJ AGRO, TATA MOTOR, ICICIPRU, RELIANCE, and ITC.

BUY – ABFRL, WHIRLPOOL, INDUSBANK, ONGC, BAJAJ AUTO, LTI, and PSU BANKS.

 

August 11, 2021: Wednesday: S.3: Purva-9.53/Uttara: Auspicious bullish Day

Mercury 180 Jupiter – is a bad aspect for the traders, and good for the PSU banks, it is also good for Loan recovery.

Venus 120 PLUTO, positive for the stocks trading below intrinsic value, or not getting due to PE multiple tend to become darling of the big investors, in simple words stocks with very high dividend yield tend to attract big-ticket buying from the long term investors. Tithi 3, give wide directional move and more often positive, and also Nakshatra Uttara is also bullish nakshatra, so the combination should give a bullish market today. The buy and Sell strategy would give the best results. BTST is highly recommended.

BUY – SBI, BHARAT FORGE, TATA CHEM, IOC, KOTAK BK, ONGC, and MANNAPURAM

SELL- MARICO, TATA POWER, LT, SRF, and DABUR.

 

August 12, 2021: Thursday: S.4: Uttara- 8.53/Hasta: Good after 15

The most deceptive day of the week. Tithi 4^th as has been mentioned a few times before is the most deceptive of all the Tithi, intraday charts generate max failure patterns, and so it is best to take 3 confirmations before taking any trade. Nakshatra Hasta means patience, trade at your terms. It has been observed that generally selling pressure is slightly more, and prices tend to correct or fall from the intraday high. Day traders will make more money by SELL and BUY strategy. We are expecting markets to give a negative close. The automobile sector would witness selling pressure, technology could attract aggressive buying.   

SELL- NIFTY, BPCL, M&M, MCDOWELL, TATA STEEL, and DABUR.

BUY – SUN pharma, Godrej Ind, HCLtech, Bandhan Bank, and Bajaj Auto.

 

August 13, 2021: Friday: S.5: Chitra: Auspicious day to Invest.

The best day of the week to invest. The influence of Chitra Nakshatra on the GAP opening plays a very important role in the technical charts. Pharma sector might witness selling or profit booking from the institutional investors. intraday traders can look for hourly charts, it would be the easiest day to make the profits. Private banks and branded good companies can be best for trading.

Buy – BANDHAN, INDUS, COAL INDIA, HINDLEVER, and MARUTI.

Sell- Cadilla, TCS, APL, INFY, Fortis, and AXIS bank.

 Equity Futurologist

Mahesh Gowande

 

Our view on the Real estate sector is bullish. #Prestige estate projects.

Prestige Estate Projects 

Gann Escape Angle breakout @ 389

TimeMap breakout October 9, 2021. 

  It takes a bit time, but it has been time tested pattern with accuracy of 65 to 70%

 RR ratio of 1.5 and 1:8

There is not trade signal, pattern confirms the upside move, and then SIP

or STP method needs to be used.

This is used by Successful Speculators and deep pocket Investors. 

21 Months TimeMap - Target is 890. 

August 2 to August 6th TimeMap .

 

 

In the last week as expected markets gave a nice decline, as the trend is up it also bounced from the lows, but on the daily chart there has been confirmation of a sell signal, and it is not to be ignored. reducing 15 to 25% speculative exposure is highly recommended.

Daily chart 15636.95 on 2^nd July, was breached on 9^th July and a new high on 15962.25 got marked on 16^th July, making 9^th July low as the strong-confirmed bottom.

Now, 16^th July close was Friday, the 19^th markets opening with gap down, failed to recover and on 20^th July in 2 trading sessions, the 9^th July was broken.

20^th close, a holiday of 21^st and with a strong bounce on 22^nd, 23 & 26^th July tried to fill the peak-out gap, which got failed and on 28^th new low of 15513 got formed but recovered quite nicely, and now it is time to think seriously trim speculative and leveraged positions from the markets.

July 16^th has become confirmed top now, as it has broken 2 previous lows on the 20^th, and 2^nd confirmation of strength was shown by breaking again to form a new spike low.

it also means below 15500, aggressive institutional selling will get triggered.

 

August 02, 2021: Monday: S.9-10.40/S.10: Kruttika: Bad Day – Positive close

The opening session would be under the influence of Tithi Navami, which has proven the best for the sell and buy strategy, especially since the second half of the Tithi has given a consistent big negative impact. Nakshatra Name – Kruttika means – whatever you do, do it consciously. After 10.40, Tithi 10 or Dashami influence begins, and it is positive. We expect that the markets will give a positive close. PSU banks are likely to hog the limelight, real estate stocks will also attract institutional buying. Restrict buy trades with the sector leaders, as while indices may be positive, there are bright chances that side markets will witness offloading. STBT is highly recommended.

Buy – WIPRO, SBIN, DR.REDDY, TATA COMM, and SUN TV.  

Sell – BEL, EXIDE, LTI, BSE, and TECH M.

 

August 03, 2021: Tuesday: S.10-13/S.11: Rohini: Bearish before 13

Tithi 10, has a positive influence, and mean reversion signals if traded well can give excellent profits. Tithi post linch turns bearish, and Moon nakshatra being soft, overall mentally most participants would be in the defensive mode. SUN in Ashlesha would make big difference, most overrated expensive stocks would come under selling and profit booking pressure. One of the good days to book profits.  

Mercury 90 Uranus, will hit the brand names, or companies that have big brand value. Metals and commodities would witness wide volatility. SELL and buy strategy would be rewarding. STBT is recommended.  Pharma and select private banks would be under pressure.  BUY- PIDILITE, NTPC, COAL INDIA, BOB, DEEPAK NITRATE, and ZEEL.

SELL- RELIANCE, KOTAKBK, BANDHAN, BIOCON, ADANI PORT, RAMCO cem, and ICICIPRU.

August 04, 2021: Wednesday: S.11: Mrugga: Auspicious Day –

Tithi is bearish and Moon Nakshatra is violent and can give directional moves. it is obvious sell signals should be aggressively traded, and whenever the sell signal is confirmed then the quantity can be doubled. high beta counters can give the best trading opportunity, and big money can be made today. For traders who have a positive influence on the sign GEMINI in their horoscope, it is a golden day to make money.

It is going to be a very stock-specific day, and the best strategy is market-neutral long/short basket trades. Bias should be bearish. BTST is highly recommended.

SELL – APOLLO HOSP, DR.REDDY, AXIS BANK, TCS, AMAR RAJA, and TVS Motor.  

BUY – SRF, CIPLA, ASIAN PAINT, OIL INDIA, HCLTECH, and GLENMARK pharma.

 

August 05, 2021: Thursday: S.12: Ardra: Positive Day

Tithi is positive, and proactive action can give big results. Nakshatra is Ardra, and it indicates in the name, big movement is a great possibility. on such day best strategy is to trade momentum breakout indicators. Ashlesha Sun and Ardra Moon, big names and deep pocket operators would be highly active in the markets. watch out for the stake buying flows, or bulk deals, it is a very strong day to take big actions. The chemical sector would be the best among all the sectors as a long-term investment. STBT.

Buy – Tata Motor, Wipro, BASF, United phos, Pi Ind, and BHEL.

Sell – Indus Bank, Bharti, Hero, Amar Raja, and HDFCBank.

 

August 06, 2021: Friday: S.13: Punervasu: Bad Day

Hiroshima Day, the first nuclear bomb was dropped on the City. Two-wheeler stocks would witness re-rating and interest by the big funds. Textile and Sugar stocks would witness re-rating and total turnaround, people will aggressively buy or invest in such stocks. SUN 90 URANUS, power sector globally the sector is in transformation stage, a piece of news could hit badly, also sector leaders in each category could come under heavy selling or profit booking. Again long-short basket trading is highly recommended.  

BUY- M&M, STATEBANK, Asian Paints, Bata, and BHARTI.   

SELL – HUL, INFY, Bharat Petro, Cipla, Federal bank, and HDFC.