Dear Members,
It is amazing what we mentioned in the “2024 Financial Predictions” book regarding every area of the financial market. In our book, we mentioned weaknesses in the market between 5 April to 19 April, and we witnessed how the market fell during this period during Israel and Iran tensions. These kinds of predictions only wave of nature/Astro cycle can provide. Every day I walk on very thin rope and I decided 30 years ago because I trusted the wave of nature/Astro cycle more than my life, and I haven’t disappointed those who followed our work globally.
I am putting here a small part of the USA and Indian market monthly cycle from the “2024 Financial Predictions” book. We released this book on the 5th of January 2024.
2024 USA Market Astro Cycles
The First Cycle is from the 1st of January to the 23rd of January 2024:
This will be a mixed cycle as we are expecting the market to close right at the top in December 2023. Thus, when traders come back from their holidays in 2024, they would like to invest their money in the market on any weakness, and this cycle will provide you with that opportunity.
We are not expecting any major corrections in the market, but any softness should be taken as a buying opportunity in the first two of January. We are not predicting a bear market during this cycle, but won’t discard small corrections in the first week of January. This is because traders or investors will come to sell, after all, investors tend to trade with light positions. During this cycle, the earnings will start coming in, starting with financial stocks, which will start releasing their numbers. They will surprise everyone with solid profit and growth numbers which will bring some new life into financial stocks, but they will move a limited amount on the higher side. Frontline tech stocks will be moving higher, keep buying NVDA, MSFT, AMD, AMZN, and GOOGL.
We already predicted that S&P and NASDAQ will have a great bullish era in the last two months of 2023, and at the time I am writing this book, S&P is trading around 4500, which is a great sign. We are hoping that the market will move aggressively higher by the end of December. S&P closing above 4681 and NASDAQ 16278 will be a great sign. In the first quarter of 2024, we don’t see the S&P going below 4601 and Nasdaq 16278. On the higher side if S&P starts trading above 4800 and NASDAQ 16778 will be a great sign. Investors should focus on semiconductor stocks or AI-related stocks.
Any weakness during this cycle should be taken as a buying opportunity. For the first week of January, the market may trade negative and volatile. Investors should start buying stocks in the first two weeks of January 2024 on any sharp weakness. Big positions should be bought in indexes around the 7th of January 2024 and keep accumulating on weakness.
The Second Cycle is from the 24th of January to the 15th of March 2024:
This will be one of the best cycles for the market; we recommend taking aggressive long positions in stocks (especially tech stocks) as they move toward new heights. MSFT, AMZN, NVDA, AMD, and GOOGL will be trading around their all-time highs. MSFT will become the most valuable company on this planet. As mentioned, APPLE’s era will start to fade in 2025, so one should get out from Apple throughout 2024.
MSFT and Google will walk together, so I am not recommending discarding Google from the race, but surely MSFT will be the winner in the next five to six years.
NVDA will also have a great time; even though there is so much noise regarding AMD, INTC, and AVGO; NVDA will still be a winner for at least the next three years. AMD and ARM will have a tough time in 2025, but in 2024, they will be the winners.
During this cycle, the S&P will cross 5000 and NASDAQ 18000. Overall, most of the sectors will perform well due to positive Astro combinations.
Buy short-term call options, and future trades, and stay long in stocks as we see a one-sided upward trend during this cycle. The Bears will be bleeding, and the Bulls will be dancing on Wall Street.
I won’t be surprised at all if MSFT moves above $400 and NVDA $623. SOXL will test multi-year higher and TQQQ may move toward an all-time high.
The Third Cycle is from the 16th of March 2024 to the 30th of April 2024:
This will be an amazing cycle, as even though volatility will increase between the 5th to the 21st of April. The market will still move higher under the influence of volatility. There will be a fight between the bulls and the bears, but by the end of April, we see the bulls dominating the market trend. From mid-March to the first week of April, we see a bullish trend in the market, and the second bullish phase will be during the last ten days of April.
I still see the market testing an all-time high during this period, so stay long in stocks and buy positions in indexes and ETFs. Short-term traders can take hedging positions or short positions in the market in the first week of April and cover shorts by or before the 19th of April.
International stocks will start struggling during this period, but China will keep doing well as this is a supportive year for China.
The Fourth Cycle is from the 1st of May to the 30th of June 2024
This will be the….Buy the book “2024 Financial Predictions” to read this current cycle and the rest of the 2024 monthly cycle for markets Read detailed other monthly cycles of metals, energy, currencies, grains, softs, bonds, and Crypto of 2024 in the “2024 Financial Predictions” book.
: https://www.mahendraprophecy.com/2024-financial-predictions-book.php
Here is what we mentioned in the Indian sections about the Indian market monthly cycle:
2024 Indian Market Cycles
The First Cycle is from the 1st of January to the 5th of February 2024:
This will be a mixed to bullish cycle for the market. We are recommending that traders remain short-term traders without taking any major long or short bets. We are recommending building long positions in stocks from the second week of January. Stock specific story will dominate. From the first to the third week of January, the market will remain directionless. Both side movements are expected in the market. Nifty and Bank Nifty will trade on both sides and may not be able to close above 2023’s high, but both these indexes won’t fall that much. By the end of first week of January, one should start buying aggressive long positions in the Indexes, and Nifty will be ready to test an all-time high. Still Railway, realty/Infra, Two wheelers, Auto Ancillary stocks and selective tech stocks will move higher.
The Second Cycle is from the 6th of February to the 16th of March 2024:
This will be an extremely bullish cycle for the market. Nifty and Bank Nifty may test new highs. Frontline tech, Railway and Infra/Realty stocks will make big moves, and Reliance Ind will take the lead in 2024. We are recommending starting to build long positions in Indian tech stocks from January on any weaknesses. Tech, telecom, and auto/EV-related stocks will be on fire. We are not recommending any short positions in stocks. Buy most of the Tata group stocks as they will all test all-time highs. Buy Tata Group tech stocks as well.
Banking stocks will do well, but I will recommend buying tech stocks as they will have a mega rally.
The Third Cycle is from the 17th of March to the 30th of April 2024:
This will still be a positive time cycle and we see volatility building in the market from the second week of April 2024. We are recommending closing most of the speculative long positions in Stocks and Indexes. Core long positions in stocks could be held, but I will recommend closing 50% of your longs in our favorite stocks.
During the first two weeks of April, the Indian market will test an all-time high, so we recommend continuously booking profit in stocks while indexes may continue rallying and making new highs during the end of April. In the last week of April, build up short positions by buying put options. Close your long positions in stocks and hold cash from May. We recommend remaining very watchful and careful as May could bring major volatility. Buy aggressive long positions in tech, Realty, FMCG, mining, and call options in indexes. Leading stocks like Reliance, JSW, Bajaj, and Tata Group stocks will move up aggressively high.
The Fourth Cycle is from the 1st of May to the 30th of June 2024:
This will be an election cycle, so many are expecting volatility….buy the Indian sections of the book to read the complete monthly predictions:
One can order Indian market sections of the 2024 Financial Predictions book:
https://www.mahendraprophecy.com/subscribe.php?id=92
Thanks & God Bless
Mahendra Sharma