Weekly Market Forecast: Major Reversal Expected by May 15th

Weekly Market Forecast: Major Reversal Expected by May 15th

This weekly market forecast indicates a major trend reversal around May 15th, with volatility expected to persist. The equity market may see a downside trend until the end of the month, possibly marking the year’s peak around May 15th/16th. While the current week suggests a downward trend, cautious optimism is advised.

S&P500 is anticipated to face resistance at 2750 and support at 2697, with a downward trend predicted until Friday. Crude oil is also expected to experience bearish momentum, with support at 70.20 and resistance at 72.80. The Indian stock market reflects mixed sentiments, with high volatility making stop-loss strategies less effective.

Stocks like IOC, BPCL, and HPCL are expected to remain supportive until Wednesday, while intraday buys include HEG and HUL. Conversely, Allahabad Bank and Aurobindo Pharma are suggested sells at higher levels. Members can access specific stop-loss and target information.

Overall, the forecast advises cautious trading due to heightened volatility and impending trend shifts across global equity indices, crude oil, and the Indian stock market.

AstroDunia provides expert market timing predictions using astrology and advanced analytical techniques. Founded by Rajeev Prakash, a seasoned financial astrologer, AstroDunia offers invaluable insights to navigate today’s dynamic market landscape.

AstroDunia: The Only Market Timing Firm You’ll Ever Need

AstroDunia is a market timing firm that uses astrology to predict market movements. The firm was founded by Rajeev Prakash, a financial astrologer with over 20 years of experience. AstroDunia has a team of expert astrologers, analysts and technocrats who use a variety of astrological techniques & advanced technologies to forecast market trends.

About Rajeev Prakash

Rajeev Prakash is the founder and CEO of AstroDunia. He is a financial astrologer with over 20 years of experience. Shashi Prakash Agarwal is an experienced market timing expert with 12 years of experience in the field. He holds an MBA in Finance from NMIMS Mumbai and an engineering degree in Computer Science. This unique combination of education and experience gives him a unique perspective on financial markets, as well as the ability to analyze market data using advanced computational tools and techniques. Throughout his career, he has demonstrated a deep understanding of financial markets, with a proven track record of success in his field.

Prakash is a leading expert on the use of astrology to predict market movements. He has written several books on the subject, and he is a frequent speaker at financial conferences. Prakash is also a regular contributor to financial publications.