Dear Members,
This is what we mentioned in the last two cycles of the USA market in the “2023 Financial Predictions” book; these parts are taken from pages 29 and 30. The Astro cycles were narrating to me and I was writing the market outlooks for 2023. It has been an amazing year for me as a predictor; I don’t think anyone could have predicted what would happen each month and how the year would end even earlier on in the year or two months ago. Our predicted lower and higher side targets were almost matched, and all thanks go to nature and then Astro cycle as I am just a student of this subject. I will never be 100% accurate, but I always come closer by trying hard. Enjoy what we mentioned in “2023 Financial Predictions” and get ready to buy the 2024 book, which will be out in the first week of January 2024. Not believing in the Astro cycle is a loss for investors and the media. Put 100% of your trust in the subject and your results of trading and investments will be far better.
Here is what we mentioned in the USA section and its Monthly Cycles:
The Eighth Cycle is from the 19th of October to the 15th of November 2023
This will be a stable to bullish cycle for stocks. Commodities and metal stocks will move higher. Energy prices will also gain value.
In this cycle, we are recommending holding long positions in stocks. Commodity bull markets and commodity ETFs/stocks will perform well. Tech or NASDAQ may test the all-time highs of 2023, so take long positions or hold tech stocks.
The FED will indicate supportive statements as well as economic data, which will show great positivity, so remain long.
The Ninth cycle is from the 16th of November to the 12th of December 2023
This will also be a bullish cycle for the market and the market may close all-time higher. All major stocks will bet at the best level of 2023. We are recommending closing long positions by the end of this cycle as the next few weeks will be volatile and uncertain.
This will be a good cycle for metal and energy stocks so focus on ETFs of both these areas. Commodities will do well during this period.
The Tenth Cycle is from the 13th of December to the 31st of December 2023
This will be a very volatile cycle for the market so stay away from any buying. Sharp corrections are expected in the market from the higher sides. We have already recommended booking profit in the cycle above, so keep this in mind.
Take some hedging positions if you are holding long positions and buy short-term put options of a few weeks. We are also recommending staying away from any new buying on corrections. I am sure you must have done well throughout 2023 because of the bullish trend so time to enjoy time with family and friends. Merry Christmas and Happy New Year.
TRADING RANGES FOR THE US MARKETS IN 2023:
S&P: 4688 to 3645 (A bullish trend in S&P will only start once it closes above 4178 levels for three days which will happen soon. S&P closes above $4688 for five days, then the biggest bull market journey will start and S&P may test 5133)
NASDAQ: 13828 to 10111, closing above 13828 for five days will give birth to the historic bullish trend.
DOW: 36551 to 30911
Every Asian, European, and American market’s yearly trading ranges were also predicted very accurately. This also extends to commodities and currencies.
Also, two weeks ago some more small parts from “2023 Financial Predictions” were released on the website to revisit what we stated in the book. You can review it by clicking:
Below is a small part of the Indian market taken from “2023 Financial Predictions”:
This is what we mentioned in the last cycle for the Indian market. This was amazing as our target almost got hit; these market predictions were written in November 2022 and the book was released on the 5th of January 2023. The below part was taken from page number 36, from the Indian market sections from the 7th Astro cycle:
From the 19th of October to the 31st of December, an uncertain or sideways cycle for the Indian market will come and might stick around.
Nifty will test 21888 on the higher side, and it will hold 17375 on the lower side. If Nifty closes above 21888 for five days, then expect it to move toward 23988. Bank Nifty will test 47557 on the higher side, and it will hold 38521 on the lower side.
These stocks recommended in the book:
In 2023, we are recommending buying the following stocks: Tata Comm, HFCL, Optiemus, Hind Aero, Linde, Amar Raja Batt, Tata Chem, Tata Consumer, Indigo, Indian Hotel, Lemon Tree, Olectra, ITC, Vadila, Tata coffee, HDFC Bank, BOB, Union Bank, PNB, HCL, Wipro, Tata Elxsi, TCS, Mind Tree, INFY, HEG, HSCL, Astral, GMM Pfsudler, Hitech Pipe, Texmo, Ratan India, Rama Phosphates, BASF, HIND copper, Hindalco, Sandur Mag, MINDA, Kabra, JBM Tool, GM Brew, and Vadilal.
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Thank you and God Bless
Mahendra Sharma