Ayan Analytics News Today

The following weekly forecast is not about bullish or bearish, it is about appropriate action taken today will give the better outcome in future.

With index-heavy stocks turning negative, the index is likely to stay under pressure for a few more days; a major negative candle is expected to form this week.

The time map is showing signs of wealth destruction in the coming few weeks.The current week is also looking negative on a weekly closing basis, and the fall could be big.

Nakshatra Bharni offers opportunities for liberation from stagnation. It often precedes significant market corrections or rebounds.

Weekly map is showing a mixed sign ahead, where the first three days seem to be fine but the last two days could see big negative movements.

The presence of pockets of volatility flummox confuse retail traders, potentially leading to confusion if trades are made without clarity.

The coming week is very short, and most likely lower opening will attract specific buying from the funds, who would prefer to maintain the NAV.

The PSU sector is still undervalued and might continue to perform better in the coming few months. The new high on the markets is not a surprise as risk reward is favouring the bullish traders.

Selective buying on dips can be continued, and stocks in extended momentum can be periodically trimmed. On the other hand, volatility will increase during the week, and the possibility of breaking the level of 21,800 is very high.

The overall week ahead will give a negative closing compared to the opening of Monday and the close of Friday, February 16th.