Tuesday, September 16, 2008

morning thoughts..

As said and expected the markets came down with a vangeance and the lows of 12514 odd is under assault.
Technically the market has no strength and looks ok for more downside.
Structurally the nerve of the markets has been damaged with the outer blow and this implies more downsides.
The supports for the nifty is at 3900 levels and resistance at 4100 levels
The supports for the sensex is at 12900 levels and resistance at 13800 levels



Stocks to watch


Selected banking stocks - kotak , axis , icici

Adlabs

THE BIGGEST MOVE AND DECEPTION IS YET TO COME…?
GET READY FOR THE BIGGEST DECEPTION ..UP ..? OR DOWN..?
We see a big and major move coming soon, biggest of all times in the month of..? Sensex 11000 or 17000
Nifty 3000 or 5200…..?


SATURN TRINES JUPITER ON 16TH SEP 11.45 PM, WHICH INDICATES A CHANGE ON 17 SEP , WEDNESDAY , THE MARKETS MAY SHOW POSITIVE DIVERGANGE AND A GAP UP OPENING MIGHT BE SEEN ON WEDNESDAY


Yesterday’s calls sent via newsletter , sms and messenger

Bpcl – buy bpcl cmp 345 sl 339 targets 352, went 353

Axis bank – buy axis bank cmp 648 sl 640 targets 660 , went 665

Nifty 4000 pe – buy nifty 4000 put option cmp 124 sl 101 targets 145 , went 152


BNB : Hpcl - buy hpcl for targets ...xxx in 3 days

Positional call of bpcl and gail outperforms the markets and looks good for some more




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